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Allegheny Technologies Inc (ATI.N)

ATI.N on New York Stock Exchange

23.01USD
13 Nov 2019
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$-0.40 (-1.71%)
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Latest Key Developments (Source: Significant Developments)

ALLEGHENY TECHNOLOGIES - Expands Carbon Steel Hot-Rolling Conversion Agreement
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - Allegheny Technologies Inc ::ATI AND NLMK EXPAND CARBON STEEL HOT-ROLLING CONVERSION AGREEMENT.ALLEGHENY TECHNOLOGIES INC - SIGNED ANOTHER 1 YEAR AGREEMENT TO EXTEND AND EXPAND CARBON STEEL HOT-ROLLING CONVERSION SERVICES FOR NLMK USA.ALLEGHENY TECHNOLOGIES INC - ATI EXPECTS 2020 VOLUMES COVERED UNDER THIS AGREEMENT TO MEANINGFULLY INCREASE OVER 2019 LEVELS.  Full Article

Allegheny Technologies Reports Q3 EPS $0.78
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Allegheny Technologies Inc ::Q3 SALES FLAT AT $1.02 BILLION.Q3 EARNINGS PER SHARE $0.33 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.78.Q3 2019 RESULTS INCLUDE $68.2 MILLION IN PRETAX GAINS ON PREVIOUSLY ANNOUNCED SALES OF NON-CORE ASSETS,."WE EXPECT CONTINUED YEAR-OVER-YEAR ATI EARNINGS GROWTH IN Q4 LED BY OUR HPMC SEGMENT".AEROSPACE & DEFENSE SALES IN Q3 2019 WERE $437.9 MILLION, DOWN 15% COMPARED TO Q2 2019.UNEVEN CUSTOMER ORDER PATTERNS AND INVENTORY MANAGEMENT ACTIONS ARE EXPECTED TO CONTINUE TO IMPACT Q4 SHIPMENTS.AEROSPACE & DEFENSE SALES IN Q3 2019 WERE $437.9 MILLION, DOWN 15% COMPARED TO Q2 2019.Q3 EARNINGS PER SHARE VIEW $0.32, REVENUE VIEW $1.01 BILLION -- REFINITIV IBES DATA.QTRLY FLAT ROLLED PRODUCTS SEGMENT SALES WERE $467.0 MILLION, UP 7%.ALLEGHENY TECHNOLOGIES - QTRLY HPMC SEGMENT SALES WERE $551.7 MILLION, 6%, DECREASE COMPARED TO Q3 2018.  Full Article

Ati Announces Third Quarter 2019 Results
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Allegheny Technologies Inc ::ATI ANNOUNCES THIRD QUARTER 2019 RESULTS.Q3 EARNINGS PER SHARE $0.33 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.78.Q3 SALES ROSE 4 PERCENT TO $1.02 BILLION.Q3 2019 RESULTS INCLUDE $68.2 MILLION IN PRETAX GAINS ON PREVIOUSLY ANNOUNCED SALES OF NON-CORE ASSETS,."WE EXPECT CONTINUED YEAR-OVER-YEAR ATI EARNINGS GROWTH IN Q4 LED BY OUR HPMC SEGMENT".AEROSPACE & DEFENSE SALES IN Q3 2019 WERE $437.9 MILLION, DOWN 15% COMPARED TO Q2 2019.UNEVEN CUSTOMER ORDER PATTERNS AND INVENTORY MANAGEMENT ACTIONS ARE EXPECTED TO CONTINUE TO IMPACT Q4 SHIPMENTS.AEROSPACE & DEFENSE SALES IN Q3 2019 WERE $437.9 MILLION, DOWN 15% COMPARED TO Q2 2019.Q3 EARNINGS PER SHARE VIEW $0.32, REVENUE VIEW $1.01 BILLION -- REFINITIV IBES DATA.QTRLY FLAT ROLLED PRODUCTS SEGMENT SALES WERE $467.0 MILLION, UP 7%.ALLEGHENY TECHNOLOGIES - QTRLY HPMC SEGMENT SALES WERE $551.7 MILLION, 6%, DECREASE COMPARED TO Q3 2018.  Full Article

ATI Extends Long-Term Purchase Agreement With Bwx Technologies
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - Allegheny Technologies Inc ::ATI EXTENDS LONG-TERM PURCHASE AGREEMENT WITH BWX TECHNOLOGIES.ALLEGHENY TECHNOLOGIES INC - AGREEMENT BEGINS IN 2019 WITH SUPPLY OF LONG LEAD-TIME MATERIALS AND RUNS THROUGH MID-2026.ALLEGHENY TECHNOLOGIES INC - ATI ANTICIPATES REVENUES TOTALING APPROXIMATELY $600 MILLION OVER MULTI-YEAR PERIOD FROM AGREEMENT.  Full Article

Allegheny Technologies Says Credit Agreement Extends Through Sept 30, 2024
Thursday, 3 Oct 2019 

Oct 3 (Reuters) - Allegheny Technologies Inc ::ALLEGHENY TECHNOLOGIES - ON SEPT 30, CO & UNITS ENTERED INTO CERTAIN FIRST AMENDED & RESTATED REVOLVING CREDIT & SECURITY AGREEMENT.ALLEGHENY TECHNOLOGIES - CREDIT AGREEMENT AMENDS AND RESTATES REVOLVING CREDIT AND SECURITY AGREEMENT, DATED AS OF SEPTEMBER 23, 2015.ALLEGHENY TECHNOLOGIES INC - CREDIT AGREEMENT INCLUDES A $500 MILLION REVOLVING CREDIT FACILITY.ALLEGHENY TECHNOLOGIES - CREDIT AGREEMENT EXTENDS THROUGH SEPT 30, 2024 & INCLUDES $100 MILLION TERM LOAN.  Full Article

ATI CFO Pat Decourcy Announces Intention To Retire In 2020
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Allegheny Technologies Inc ::ATI CFO PAT DECOURCY ANNOUNCES INTENTION TO RETIRE IN 2020.ALLEGHENY TECHNOLOGIES INC - ATI IS ENGAGED IN A SEARCH PROCESS FOR ITS NEXT CFO.ALLEGHENY TECHNOLOGIES INC - ATI IS ENGAGED IN A SEARCH PROCESS FOR ITS NEXT CFO..  Full Article

Allegheny Technologies Monetizes Oil And Gas Rights In New Mexico
Thursday, 18 Jul 2019 

July 18 (Reuters) - Allegheny Technologies Inc ::ATI MONETIZES OIL AND GAS RIGHTS IN NEW MEXICO.ALLEGHENY TECHNOLOGIES INC - ATI'S Q2 2019 RESULTS WILL INCLUDE PRETAX NON-OPERATING INCOME AND CASH FLOWS OF $29 MILLION.ALLEGHENY TECHNOLOGIES INC - EXPECTED THAT Q3 2019 RESULTS WILL INCLUDE APPROXIMATELY $62 MILLION OF PRETAX NON-OPERATING INCOME AND CASH FLOWS.  Full Article

Allegheny Technologies Sells Titanium Investment Castings Business (June 4)
Tuesday, 4 Jun 2019 

Allegheny Technologies Inc ::ATI ANNOUNCES SALE OF TITANIUM INVESTMENT CASTINGS BUSINESS.ALLEGHENY TECHNOLOGIES INC - GROSS CASH PROCEEDS WILL BE USED TO FURTHER ATI'S CAPITAL DEPLOYMENT PRIORITIES, OTHERS.ALLEGHENY TECHNOLOGIES INC - ATI'S Q3 2019 RESULTS WILL LIKELY INCLUDE A MODEST GAIN FROM THIS TRANSACTION..ALLEGHENY TECHNOLOGIES INC - TO SELL ITS CAST PRODUCTS BUSINESS TO CONSOLIDATED PRECISION PRODUCTS CORP. (CPP) OF CLEVELAND, OH.  Full Article

A&T Stainless Joint Venture Tariff Exclusion Request Denied
Thursday, 25 Apr 2019 

April 24 (Reuters) - Allegheny Technologies Inc ::A&T STAINLESS JOINT VENTURE TARIFF EXCLUSION REQUEST DENIED.ALLEGHENY TECHNOLOGIES - A&T STAINLESS JV'S PREVIOUSLY FILED SECTION 232 TARIFF EXCLUSION REQUEST HAS BEEN DENIED BY U.S. DEPARTMENT OF COMMERCE.ALLEGHENY TECHNOLOGIES - SEMI-FINISHED STAINLESS SLABS WILL CONTINUE TO BE SUBJECT TO 25% TARIFF LEVIED ON STAINLESS STEEL PRODUCTS IMPORTED INTO U.S..ALLEGHENY TECHNOLOGIES INC - WILL WORK WITH A&T STAINLESS JOINT VENTURE PARTNER TO DETERMINE NEXT STEPS.ALLEGHENY TECHNOLOGIES INC - U.S. DOC DECISION DOES NOT CHANGE OUR STRATEGY OF RETURNING ATI'S FLAT ROLL PRODUCTS SEGMENT TO SUSTAINED PROFITABILITY.  Full Article

Allegheny Technologies To Maintain Current Production Schedules For 737 MAX And LEAP 1-B
Monday, 8 Apr 2019 

April 8 (Reuters) - Allegheny Technologies Inc ::ATI TO MAINTAIN CURRENT PRODUCTION SCHEDULES FOR 737 MAX AND LEAP 1-B.ALLEGHENY - ANTICIPATES MAINTAINING ITS CURRENT PRODUCTION AND SHIPPING SCHEDULES FOR ALL MATERIALS AND COMPONENTS SUPPLIED TO BOEING 737 MAX.ALLEGHENY TECHNOLOGIES SAYS "HAVE FULL CONFIDENCE IN BOEING".  Full Article