The lawsuit, filed by the Circos last year, alleged breach of contract related to the acquisition of Precision Industries.
Day: September 27, 2012
The distributor spent $64 million on acquisitions and stock repurchases during the quarter which more than offset strong revenues.
Downgrade from the second estimate reflects a slowdown in spending across several categories.
The plants in Missouri and Oklahoma will expand Eagle's U.S. cement capacity by roughly 60 percent.
Organic sales for the quarter increased 5 percent.
Stoneway will continue to operate under its existing name from its headquarters in Spokane, WA.