Martin Marietta Materials Inc
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Materials : Construction Materials | Mid Cap Blend
Company profile

Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications. The Company's Aggregates business operates through three segments: the Mid-America Group, Southeast Group and West Group. The Company's business is categorized into Aggregates Business, Cement Business and Magnesia Specialties Business. Its Cement business is reported through the Cement segment. Its Magnesia Specialties business manufactures and markets magnesia-based chemical products used in industrial, agricultural, and environmental applications, and dolomitic lime sold to customers in the steel industry. Its Cement business produces Portland and specialty cements. It manufactures and markets, through its Magnesia Specialties business, magnesia-based chemical products.

Price
Delayed
$263.56
Day's Change
-0.045 (-0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
269.78
Day's Low
259.29
Volume
(Average)

Today's volume of 413,230 shares is on pace to be in-line with MLM's 10-day average volume of 473,104 shares.

413,230

Gilead's remdesivir improves time to recovery for COVID-19 patients in peer-reviewed results, NIAID says

7:15 pm ET May 22, 2020 (MarketWatch)
Print

Gilead Sciences Inc.'s antiviral drug remdesivir improved COVID-19 patients' recovery time in peer-reviewed data from a study by the National Institute of Allergy and Infectious Diseases, the NIAID announced Friday afternoon. In a follow-up to positive preliminary data released last month (http://www.marketwatch.com/story/gilead-science-reports-positive-data-in-trial-of-remdesivir-as-treatment-for-covid-19-2020-04-29), NIAID revealed Friday that peer-reviewed data showed that patients recovered enough to be released from the hospital in 11 days against 14 for those who received a placebo. It also noted that the 14-day mortality rate for those on the drug declined to 7.1% from 11.9% for the placebo group, though NIAID is still investigating combinations that could produce a more statistically significant change -- a clinical trial that began May 8 is studying remdesivir in combination with anti-inflammatory drug baricitinib to study those results. The Food and Drug Administration has granted Gilead emergency-use authorization for the drug (http://www.marketwatch.com/story/how-gileads-remdesivir-became-the-leader-in-the-rush-to-find-a-treatment-for-covid-19-2020-05-01) to use on severely ill COVID-19 patients, and Gilead has signed deals for manufacturing (http://www.marketwatch.com/story/gilead-announces-non-us-deals-with-five-generic-drugmakers-for-remdesivir-2020-05-12). Gilead stock was 0.4% lower in after-hours trading Friday following the announcement; shares have gained 12.9% so far this year, as the S&P 500 index has declined 8.5%.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 22, 2020 19:15 ET (23:15 GMT)

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