ATI Inc (N:ATI)

May 02, 2024 02:00 pm ET
ATI names Netta Washington to Lead HPMC Segment
Experienced leader with track record of increasing operational performance
Apr 30, 2024 07:30 am ET
ATI Announces First Quarter 2024 Results
Continued strong year-over-year revenue growth in aerospace and defense
Apr 11, 2024 01:04 pm ET
ATI Celebrates Completion of Most Advanced Materials Finishing Operations
Vandergrift expansion significant to Specialty Rolled Products transformation
Apr 02, 2024 07:30 am ET
ATI Announces Webcast for First Quarter 2024 Results
DALLAS, April 2, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its first quarter 2024 earnings conference call on Tuesday, April 30, 2024, at 7:30 a.m. CT (8:30 a.m. ET).  First quarter 2024 results are scheduled to be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET).
Feb 23, 2024 08:00 am ET
ATI Elects Kimberly A. Fields as President and CEO
Robert S. Wetherbee to become Executive Chairman 
Feb 07, 2024 12:00 pm ET
ATI CFO Don Newman to speak at Cowen Aerospace & Defense Conference
DALLAS, Feb. 7, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the Cowen 45th Annual Aerospace & Defense Conference in Arlington, Virginia, on February 14, 2024 at 10:45 a.m. ET. 
Feb 01, 2024 06:30 am ET
ATI Announces Fourth Quarter and Full Year 2023 Results
Continued strong performance and year-over-year revenue growth in aerospace and defense
Jan 04, 2024 06:30 am ET
ATI Announces Webcast for Fourth Quarter and Full Year 2023 Results
DALLAS, Jan. 4, 2024 /PRNewswire/ -- ATI (NYSE: ATI) will webcast its fourth quarter and full year 2023 conference call with the financial community on Thursday, February 1, 2024, at 9:30 a.m. CT (10:30 a.m. ET). Results will be released prior to the market opening on February 1.
Nov 29, 2023 03:15 pm ET
ATI targets 2027 revenue exceeding $5 billion on platform of organic growth
Company leaders to share insights into expanding A&D business, affirm long-term strategy
Nov 02, 2023 07:30 am ET
ATI Announces Third Quarter 2023 Results
Increasing Aerospace & Defense content drives year-over-year earnings growth
Oct 23, 2023 11:00 am ET
ATI to host in-person investor update on November 29
Company leaders to share insights into expanding A&D business, affirm long-term strategy
Oct 18, 2023 08:00 am ET
ATI reduces U.S. defined benefit pension obligation by approximately 85% through annuitization
DALLAS, Oct. 18, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that it will purchase group annuity contracts from Athene Annuity and Life Company and Athene Annuity & Life Assurance Company of New York (collectively, "Athene"), transferring approximately 85% of its U.S. qualified defined benefit pension plan obligations to Athene. The U.S. qualified defined benefit pension plans represented $1.77 billion in liabilities on December 31, 2022. In 2023, the company contributed $272 million in cash – including $222 million in September – to the Plans, which is intended to fully fund the
Sep 28, 2023 04:15 pm ET
ATI Announces Webcast for Third Quarter 2023 Results
DALLAS, Sept. 28, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Thursday, November 2, 2023, at 9:30 a.m. CT (10:30 a.m. ET).
Aug 02, 2023 07:30 am ET
ATI Announces Second Quarter 2023 Results
Strong performance in Aerospace & Defense propels sequential and year over year growth
Jul 19, 2023 07:30 am ET
ATI announces Richland, Washington as site of titanium melt expansion
Premium quality expansion will double operations to serve aerospace and defense
Jul 03, 2023 08:00 am ET
ATI Announces Webcast for Second Quarter 2023 Results
DALLAS, July 3, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Wednesday, August 2, 2023, at 9:30 a.m. CT (10:30 a.m. ET).
Jun 26, 2023 02:30 pm ET
ATI names David Weston Vice President, Investor Relations
Proven aerospace and defense financial leader  
Jun 19, 2023 07:30 am ET
ATI secures estimated $1.2 billion in aerospace and defense sales commitments
Significant new and increased share positions solidify ATI as aero industry leader 
Jun 06, 2023 04:15 pm ET
Kimberly Fields Named President and Chief Operating Officer
Driving strategic growth through tightly aligned operations and disciplined execution 
May 04, 2023 07:30 am ET
ATI Announces First Quarter 2023 Results
Aerospace and Defense sales propel strong year over year growth
Mar 30, 2023 07:30 am ET
ATI Announces Webcast for First Quarter 2023 Results
DALLAS, March 30, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, May 4th, 2023, at 10:30 a.m. ET. 
Feb 02, 2023 06:30 am ET
ATI Announces Fourth Quarter 2022 Results
Continued strong performance and year-over-year revenue growth in aerospace and defense
Jan 03, 2023 03:15 pm ET
ATI Announces Webcast for Fourth Quarter 2022 Results
DALLAS, Jan. 3, 2023 /PRNewswire/ -- ATI (NYSE: ATI) will provide live internet listening access to its conference call with the financial community scheduled for Thursday, February 2, 2023, at 10:30 a.m. ET. 
Nov 03, 2022 08:15 am ET
ATI names Jimmy Williams Chief Technology Officer
DALLAS, Nov. 3, 2022 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named Jimmy Williams, Jr. as Senior Vice President and Chief Technology Officer. This newly created role elevates technology at ATI and accelerates progress on our product and process technology priorities, more directly enabling and aligning them with our business strategy. Williams reports to ATI Board Chair, President and CEO Robert S. Wetherbee and serves on the company's Executive Council.
Nov 02, 2022 07:30 am ET
ATI Announces Third Quarter 2022 Results
Continued strong sequential and year-over-year revenue growth in aerospace and defense markets
Oct 26, 2022 04:30 pm ET
ATI Announces Time Change for Third Quarter 2022 Results Webcast
DALLAS, Oct. 26, 2022 /PRNewswire/ -- ATI (NYSE: ATI) has changed the time for its conference call with the financial community. We will conduct the call on Wednesday, November 2, 2022, as originally planned, but now at 2:30 p.m. ET. 
Oct 11, 2022 08:15 am ET
ATI Announces Webcast for Third Quarter 2022 Results
DALLAS, Oct. 11, 2022 /PRNewswire/ -- ATI (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, November 2, 2022, at 10:30 a.m. ET. 
Oct 10, 2022 08:15 am ET
ATI names Tina Busch Chief Human Resources Officer
DALLAS, Oct. 10, 2022 /PRNewswire/ -- ATI Inc. (NYSE: ATI) has named Tina Busch Senior Vice President and Chief Human Resources Officer. She'll work closely with ATI's businesses on the areas of greatest importance to ATI's talent strategy: engagement, leadership development, diversity, equity, and inclusion, and guiding a performance-driven culture. Busch reports to ATI Board Chair, President and CEO Robert S. Wetherbee and serves on the company's Executive Council.
Aug 10, 2022 04:31 pm ET
Tom Wright named interim head of Investor Relations
Takes over responsibility from Scott Minder, who is leaving to pursue other opportunities
Aug 04, 2022 07:30 am ET
ATI Announces Second Quarter 2022 Results
Strong jet engine sales growth and operating discipline drive improved financial performance
Jul 19, 2022 08:38 am ET
ATI to Supply GKN Aerospace Under New Multi-Year Agreement
FARNBOROUGH, United Kingdom, July 19, 2022 /PRNewswire/ -- Today at the Farnborough International Airshow, ATI Inc. (NYSE: ATI) announced it has reached a new multi-year agreement with GKN Aerospace (NYSE: GKN) to supply high-value titanium materials used in the manufacture of commercial and military airframes.
Jul 12, 2022 08:15 am ET
ATI Announces Webcast for Second Quarter 2022 Results
DALLAS, July 12, 2022 /PRNewswire/ -- ATI (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, August 4, 2022, at 10:30 a.m. ET. 
May 12, 2022 08:00 am ET
ATI Completes Sale of Sheffield, UK Operation
Divestiture sharpens focus on aerospace and defense markets
May 04, 2022 07:30 am ET
ATI Announces First Quarter 2022 Results
Aerospace-driven growth continues, with ongoing focus on ramp readiness to support customers 
Apr 05, 2022 08:30 am ET
ATI Announces Webcast for First Quarter 2022 Results
PITTSBURGH, April 5, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, May 4, 2022 at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of first quarter results.  The conference call will be broadcast, and accompanying presentation slides will be available, at ATImetals.com.  To access the broadcast, visit ATImetals.com and select "Conference Call."  Conference call replay will be available on ATImetals.com.
Mar 09, 2022 03:30 pm ET
ATI Announces Termination of Joint Venture with Russian-Based VSMPO
PITTSBURGH, March 9, 2022 /PRNewswire/ -- Today, ATI (NYSE: ATI) announced the termination of Uniti, LLC, its joint venture with Russian-based VSMPO-AVISMA (Verkhnaya Salda Metallurgical Production Association - Berezniki Titanium-Magnesium Works) to market and sell a range of commercially pure titanium products. The joint venture primarily focused on selling to industrial markets such as power generation, chemical and petroleum processing, automotive, and transportation. It does not serve the aerospace, defense or medical markets. The joint venture is expected to wind up expeditiously, no l
Feb 17, 2022 01:13 pm ET
ATI Accelerating Strategy to Become an Aerospace & Defense Materials Leader
PITTSBURGH, Feb. 17, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) conducted an investor event earlier today, covering a broad array of strategic topics and providing long-term financial targets.
Feb 02, 2022 08:31 am ET
Thinking about buying stock in Oramed Pharmaceuticals, Allegheny Technologies, Evercore, Vertex Energy, or AST SpaceMobile?
NEW YORK, Feb. 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ORMP, ATI, EVR, VTNR, and ASTS.
Feb 02, 2022 06:45 am ET
ATI Board of Directors Authorizes $150 Million Share Repurchase
PITTSBURGH, Feb. 2, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced that its board of directors has authorized the repurchase of up to $150 million of its outstanding common stock. Repurchases under the program may be made in the open market or in privately negotiated transactions, with the amount and timing of repurchases depending on market conditions and corporate needs. Open market repurchases will be structured to occur within the pricing and volume requirements of SEC Rule 10b-18. The stock repurchase program does not obligate the Company to repurchase
Feb 02, 2022 06:30 am ET
ATI Announces Fourth Quarter 2021 Results
PITTSBURGH, Feb. 2, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2021 results, with sales of $765.4 million and a net loss attributable to ATI of $29.8 million, or $(0.23) per share. Adjusted earnings were $0.25 per share, and adjusted EBITDA was $94.7 million, or 12.4% of sales. 
Jan 19, 2022 07:15 am ET
ATI to Host Virtual Investor Day on February 17, 2022
PITTSBURGH, Jan. 19, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will host a virtual Investor Day from 10:00 AM to 1:00 PM ET on Thursday, February 17, 2022.
Jan 06, 2022 07:30 am ET
ATI Announces Webcast for Fourth Quarter 2021 and Full-Year Results
PITTSBURGH, Jan. 6, 2022 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, February 2, 2022 at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of fourth quarter and full-year results.  The conference call will be broadcast, and accompanying presentation slides will be available, at ATImetals.com.  To access the broadcast, visit ATImetals.com and select "Conference Call."  Conference call replay will be available on AT
Oct 28, 2021 07:30 am ET
ATI Announces Third Quarter 2021 Results
PITTSBURGH, Oct. 28, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2021 results, with sales of $726 million and net income attributable to ATI of $48.7 million, or $0.35 per share. Excluding pretax gains of $64.9 million for postretirement medical benefits and $13.7 million for the sale of the Flowform Products business, $2.3 million of prior restructuring charge reversals, and charges of $22.9 million for strike-related costs, adjusted net income attributable to ATI was $6.2 million, or $0.05 per share.  Adjusted EBITDA was $79.9 million, or 11.
Oct 21, 2021 08:00 am ET
Kimberly Fields Named Chief Operating Officer, Don Newman EVP
PITTSBURGH, Oct. 21, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced that the Board of Directors has appointed Kimberly A. Fields to serve as Executive Vice President and Chief Operating Officer of ATI, effective January 1, 2022.
Oct 15, 2021 09:31 am ET
Thinking about buying stock in Limelight Networks, G1 Therapeutics, Allegheny Technologies, Marathon Digital, or Nextplay Technologies?
NEW YORK, Oct. 15, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LLNW, GTHX, ATI, MARA, and NXTP.
Sep 30, 2021 08:30 am ET
Allegheny Technologies Announces Webcast of Conference Call for Third Quarter 2021 Results
PITTSBURGH, Sept. 30, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, October 28, 2021 at 10:30 a.m. ET.  The conference call will be conducted after the Company's planned release of third quarter 2021 results.  The conference call will be broadcast, and accompanying presentation slides will be available, at ATImetals.com.  To access the broadcast, visit ATImetals.com and select "Conference Call."  Conference call replay will be available on ATIme
Sep 09, 2021 06:19 pm ET
Allegheny Technologies Announces Pricing of Senior Notes Offering
PITTSBURGH, Sept. 9, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has priced its public offering of senior notes.  ATI has agreed to sell $325.0 million aggregate principal amount of 4.875% Senior Notes due 2029 (the "2029 Notes") and $350.0 million aggregate principal amount of 5.125% Senior Notes due 2031 (the "2031 Notes" and together with the 2029 Notes, the "Notes").  The 2029 Notes will pay interest semi-annually in arrears at a rate of 4.875% per year and will mature on October 1, 2029, unless earlier redeemed or repurchased.  The 2031 No
Sep 08, 2021 07:25 am ET
Allegheny Technologies Announces Proposed Senior Notes Offering
PITTSBURGH, Sept. 8, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced today its intention to offer, subject to market and other conditions, a series of eight-year senior notes and a series of ten-year senior notes (collectively, the "Notes"). 
Aug 16, 2021 04:30 pm ET
ATI Completes Sale of Flowform Products to Consolidated Boring, Inc.
PITTSBURGH, Aug. 16, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) today announced the sale of its Flowform Products business in Billerica, Massachusetts to Consolidated Boring, Inc. for $55 million in cash, completed on August 13. Consolidated Boring, Inc. is backed by a group of private investors who support medium-sized manufacturing enterprises in achieving a step change in their growth trajectory. 
Aug 03, 2021 07:30 am ET
ATI Announces Second Quarter 2021 Results
PITTSBURGH, Aug. 3, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2021 results, with sales of $616 million and a net loss attributable to ATI of $49.2 million, or $(0.39) per share. Excluding $40.3 million of strike-related costs and $6.2 million of income from reduced restructuring charge reserves, adjusted net loss attributable to ATI was $15.1 million, or $(0.12) per share.  Adjusted EBITDA was $53.7 million, or 8.7% of sales.  Sales in the first quarter 2021 were $693 million, and the net loss attributable to ATI was $7.9 million, or $(0.06)
Jul 14, 2021 07:15 am ET
ATI Employees Complete Ratification of New Four-Year Agreement
PITTSBURGH, July 14, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced its employees have ratified a new four-year labor agreement with the United Steelworkers, ending the strike that began March 30, 2021. As part of an orderly return to work process, employees will begin returning to active employment the week of July 19, 2021, with production ramping in the weeks ahead.
Jul 06, 2021 07:30 am ET
ATI and United Steelworkers Reach Tentative Agreement
PITTSBURGH, July 6, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) announced it has reached tentative agreement for its labor contract with the United Steelworkers (USW) covering approximately 1,300 represented employees located primarily within the Advanced Alloys & Solutions segment operations for the term covering March 1, 2021 – February 28, 2025.
Jun 30, 2021 08:30 am ET
Allegheny Technologies Announces Webcast of Conference Call for Second Quarter 2021 Results
PITTSBURGH, June 30, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, August 3, 2021 at 8:30 a.m. ET.  The conference call will be conducted after the Company's planned release of second quarter 2021 results.  The conference call will be broadcast, and accompanying presentation slides will be available, at ATImetals.com.  To access the broadcast, visit ATImetals.com and select "Conference Call."  Conference call replay will be available on ATImetals
Jan 28, 2021 06:30 am ET
ATI Announces Fourth Quarter 2020 Results
PITTSBURGH, Jan. 28, 2021 /PRNewswire/ --
Jan 06, 2021 07:30 am ET
Allegheny Technologies Announces Webcast of Conference Call for Fourth Quarter and Full-Year 2020 Results
PITTSBURGH, Jan. 6, 2021 /PRNewswire/ -- Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, January 28, 2021 at 8:30 a.m. ET.  The conference call will be conducted after the Company's planned release of fourth quarter and full-year 2020 results.  The conference call will be broadcast, and accompanying presentation slides will be available, at ATImetals.com.  To access the broadcast, visit ATImetals.com and select "Conference Call."  Conference call replay will be available on
Dec 02, 2020 08:00 am ET
ATI Exits Standard Stainless Sheet Products, Redeploys Capital to High-Return Opportunities
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it is exiting standard stainless sheet products, streamlining its production footprint, and investing in enhanced capabilities to accelerate the execution of its high-value strategy, primarily in aerospace and defense.
Oct 29, 2020 07:30 am ET
ATI Announces Third Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2020 results, with sales of $598 million and a net loss attributable to ATI of $50.1 million, or $(0.40) per share. Third quarter 2020 results include $2.3 million of restructuring charges for additional employee severance actions. On an adjusted basis, third quarter 2020 net loss attributable to ATI was $47.8 million, or ($0.38) per share. Adjusted EBITDA was $16.6 million, or 2.8% of sales for the third quarter 2020.
Oct 01, 2020 08:15 am ET
Allegheny Technologies Announces Webcast of Conference Call for Third Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Thursday, October 29, 2020 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of third quarter 2020 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Aug 24, 2020 01:43 pm ET
G.research Virtual Aerospace & Defense Symposium
G.research, in conjunction with Gabelli Funds, will virtually host the 26th Annual Aerospace & Defense Symposium on Thursday, September 10th, 2020. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
Aug 04, 2020 07:30 am ET
ATI Announces Second Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2020 results, with sales of $770 million and a net loss attributable to ATI of $422.6 million, or $(3.34) per share. Second quarter 2020 results include $328 million of pretax charges:
Jul 08, 2020 09:15 am ET
Allegheny Technologies Announces Webcast of Conference Call for Second Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, August 4, 2020 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of second quarter 2020 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Jun 17, 2020 08:45 pm ET
Allegheny Technologies Announces Pricing of $285.0 Million Convertible Notes Offering
Allegheny Technologies Incorporated (NYSE: ATI) announced today the pricing of $285.0 million aggregate principal amount of 3.5% Convertible Senior Notes due 2025 (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). ATI also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $40.0 million aggregate principal amount of the Notes.
Jun 17, 2020 07:13 am ET
Allegheny Technologies Announces Proposed Convertible Notes Offering
Allegheny Technologies Incorporated (NYSE: ATI) announced today its intention to offer, subject to market and other conditions, a series of convertible senior notes (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). ATI also expects to grant the initial purchasers of the Notes a 13-day option to purchase additional notes. ATI intends to use the net proceeds from this offering to repurchase a portion of its outstanding 4.75% Convertible Senior Notes due 2022 (the “2022 Notes”) and to fund the cos
May 05, 2020 07:30 am ET
ATI Announces First Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported first quarter 2020 results, with sales of $956 million and net income attributable to ATI of $21.1 million, or $0.16 per share. First quarter 2020 results include an $8 million pretax restructuring charge for an early retirement incentive program to streamline ATI’s salaried workforce. Adjusted net income attributable to ATI was $26.6 million, or $0.20 per share excluding this item. Adjusted EBITDA was $101.6 million, or 10.6% of sales for the first quarter 2020.
Apr 20, 2020 04:15 pm ET
ATI to Hold Virtual 2020 Annual Meeting of Stockholders
In light of ongoing public health concerns, Allegheny Technologies Incorporated (“ATI” or the “Company”) will hold a virtual meeting in place of a physical gathering for its 2020 Annual Meeting of Stockholders.
Apr 14, 2020 02:18 pm ET
Allegheny Technologies Announces Webcast of Conference Call for First Quarter 2020 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, May 5, 2020 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of first quarter 2020 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Mar 31, 2020 04:15 pm ET
Lacking Tariff Relief, A&T Stainless to Idle Midland Operations
Allegheny Technologies Incorporated (NYSE: ATI) today announced that its 50% owned A&T Stainless joint venture plans to idle its Direct Roll Anneal and Pickle (DRAP) operations in Midland, Pennsylvania by the end of June 2020 due to Section 232 tariffs that make the business unsustainable. A&T Stainless has alerted the nearly 70 Midland-based employees—the majority of whom are represented by the United Steelworkers—that the DRAP will be idled by the end of the second quarter 2020.
Mar 25, 2020 09:45 am ET
ATI and United Steelworkers Extend Labor Agreement to 2021
Allegheny Technologies Incorporated (NYSE: ATI) announced that it has extended for one year its labor agreement with the United Steelworkers (USW) covering over 1,300 employees at the Company’s specialty and standard rolled products businesses and other locations. Under this contract extension, the language that governs employees’ pay, benefits and work rules remain unchanged through February 28, 2021. As a show of good faith to resume negotiations toward a new contract next year, the Company will pay each covered employee a one-time $500 extension bonus.
Mar 17, 2020 08:15 am ET
ATI Realigns Business Portfolio To Accelerate Profitable Growth
Allegheny Technologies Incorporated (NYSE: ATI) today announced a realignment of its business segments to further enhance its position as a leading specialty materials manufacturer and to accelerate sustainable long-term profitable growth. Starting with first quarter 2020 financial results, ATI will report in two business segments: a streamlined High Performance Materials & Components (HPMC) segment and the new Advanced Alloys & Solutions (AA&S) segment. As a result of this business realignment, the Company expects total annualized operational and commercial synergies of approximately $7 milli
Feb 04, 2020 07:30 am ET
ATI Announces Fourth Quarter and Full Year 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2019 results, with sales of $1.02 billion and net income attributable to ATI of $56.5 million, or $0.41 per share. Fourth quarter 2019 results include several special charges (pretax): a $21.6 million debt extinguishment charge for the early retirement of $500 million Senior Notes due January 2021, an $11.4 million impairment reserve related to our A&T Stainless joint venture, and a $4.5 million business restructuring charge to streamline ATI’s salaried workforce. Fourth quarter results also include a $41.9 million tax ben
Jan 10, 2020 08:15 am ET
Allegheny Technologies Announces Webcast of Conference Call for Fourth Quarter and Full-Year 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, February 4, 2020 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of fourth quarter and full-year 2019 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Dec 18, 2019 08:15 am ET
Don Newman to Join ATI as Chief Financial Officer
Allegheny Technologies Incorporated (NYSE: ATI) announced that effective January 6, 2020, Don P. Newman will join ATI as Senior Vice President, Finance and Chief Financial Officer. He succeeds Pat DeCourcy, who will remain as Senior Vice President and Special Advisor to the CEO until his previously announced retirement on March 31, 2020, after a 31-year career with the company.
Dec 10, 2019 07:30 am ET
ATI Extends, Expands Long-Term Purchase Agreements With GE Aviation
Allegheny Technologies Incorporated (NYSE: ATI) announced today that it has reached agreement on multiple new long-term contracts with GE Aviation (NYSE: GE) to supply iso-thermal and hot-die forgings used in the manufacture of commercial jet engines. These agreements begin in January 2021 and are multi-year agreements. ATI anticipates revenues totaling approximately $2.5 billion over the span of these agreements, averaging over $300 million per year.
Nov 26, 2019 08:30 am ET
ATI Issues 5.875% $350 Million Senior Notes Due 2027
Allegheny Technologies Incorporated (NYSE: ATI) recently announced that it issued $350 million of new senior unsecured notes at a 5.875% interest rate due in December 2027. The company will use the proceeds of the 2027 Notes, along with cash on hand, to redeem all its outstanding $500 million of 5.95% senior unsecured notes due January 2021 on December 23, 2019. Combined, these actions reduce ATI’s debt by $150 million and are expected to reduce annual interest expense by $9 million beginning in 2020.
Nov 19, 2019 06:03 pm ET
Allegheny Technologies Announces Pricing of Senior Notes Offering
Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has priced its public offering of senior notes. ATI has agreed to sell $350.0 million aggregate principal amount of 5.875% Senior Notes due 2027 (the “Notes”). The Notes will pay interest semi-annually in arrears at a rate of 5.875% per year and will mature on December 1, 2027, unless earlier redeemed or repurchased.
Nov 19, 2019 07:30 am ET
Allegheny Technologies Announces Proposed Senior Notes Offering
Allegheny Technologies Incorporated (NYSE:ATI) announced today its intention to offer, subject to market and other conditions, a series of senior notes (the “Notes”).
Nov 13, 2019 08:30 am ET
ATI and NLMK Expand Carbon Steel Hot-Rolling Conversion Agreement
Allegheny Technologies Incorporated (NYSE: ATI) announced today it signed another 1 year agreement to extend and expand carbon steel hot-rolling conversion services for NLMK USA at its world-class Hot-Rolling and Processing Facility, or HRPF, located in Brackenridge, PA. The continuation of this relationship is an important element of ATI’s drive to achieve improved and sustainable profitability in its Flat Rolled Products segment.
Oct 31, 2019 07:15 am ET
ATI Announces Third Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2019 results with sales of $1.02 billion and net income attributable to ATI of $111.0 million, or $0.78 per share. Third quarter 2019 results include $68.2 million in pretax gains on previously announced sales of non-core assets, comprised of a $62.4 million gain on the second of two transactions to monetize oil & gas rights and a $5.8 million net gain on sales of businesses. Excluding these non-core items net-of-tax, third quarter 2019 net income attributable to ATI was $44.9 million, or $0.33 per share. This compares to A
Oct 22, 2019 08:15 am ET
ATI Extends Long-Term Purchase Agreement With BWX Technologies
Allegheny Technologies Incorporated (NYSE: ATI) announced today that it has signed a new long-term agreement with BWX Technologies, Inc. (NYSE: BWXT) to supply materials used in the manufacture of naval nuclear reactor components. This agreement begins in 2019 with the supply of long lead-time materials and runs through mid-2026. ATI anticipates revenues totaling approximately $600 million over the multi-year period.
Oct 03, 2019 03:00 pm ET
Allegheny Technologies Announces Webcast of Conference Call for Third Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its third quarter 2019 results conference call scheduled for Thursday, October 31, 2019 at 8:30 a.m. ET after the planned release of third quarter 2019 results. The conference call will be webcast, and accompanying presentation slides will be available, at ATImetals.com. To ac
Aug 26, 2019 10:03 am ET
G.research's 25th Annual Aerospace & Defense Conference
G.research, in conjunction with Gabelli Funds, will host the 25th Annual Aerospace & Defense Conference on Thursday, September 5th, 2019 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
Aug 06, 2019 07:15 am ET
ATI CFO Pat DeCourcy Announces Intention to Retire in 2020
Allegheny Technologies Incorporated (NYSE: ATI) announced today that Patrick J. DeCourcy, who has served as the Company’s Senior Vice President, Finance and Chief Financial Officer since 2013, intends to retire after a successful ATI career. To ensure a smooth leadership transition, he will remain in his current role until his successor is appointed and will retire from ATI on March 31, 2020. ATI is engaged in a robust search process for its next CFO.
Aug 01, 2019 07:30 am ET
G.research Aerospace & Defense Conference
G.research will host the 25th Annual Aerospace & Defense Conference on Thursday, September 5th, 2019 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
Jul 23, 2019 07:30 am ET
ATI Announces Second Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2019 results, with sales of $1.08 billion and net income attributable to ATI of $75.1 million, or $0.54 per share. Second quarter 2019 results include $21.6 million in net pretax gains on previously-announced sales of non-core assets comprised of a $29.3 million gain on the first of two transactions to monetize oil & gas rights and a $7.7 million loss on sale of the industrial forgings business. Excluding these non-core items net-of-tax, second quarter 2019 net income attributable to ATI was $55.0 million, or $0.40 per sha
Jul 22, 2019 08:45 am ET
ATI Completes Sale of Titanium Investment Castings Business
Allegheny Technologies Incorporated (NYSE: ATI) today announced it has completed the sale of its Cast Products business unit to Consolidated Precision Products Corp. (CPP) of Cleveland, OH.
Jul 18, 2019 08:15 am ET
ATI Monetizes Oil and Gas Rights in New Mexico
Allegheny Technologies Incorporated (NYSE: ATI) today announced it has completed the sale of a portion of its oil and gas rights in Eddy County, New Mexico and has reached an agreement to sell the remaining portion of these rights, both to the same undisclosed buyer. The completed second quarter 2019 sale and the definitive sales agreement, anticipated to close in third quarter 2019, are expected to generate over $90 million in pretax income and cash for ATI.
Jun 28, 2019 02:15 pm ET
Allegheny Technologies Announces Webcast of Conference Call for Second Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its second quarter 2019 results conference call scheduled for Tuesday, July 23, 2019 at 8:30 a.m. ET after the planned release of second quarter 2019 results. The conference call will be webcast, and accompanying presentation slides will be available, at ATImetals.com. To acce
Jun 04, 2019 08:15 am ET
ATI Announces Sale of Titanium Investment Castings Business
Allegheny Technologies Incorporated (NYSE: ATI) today announced it has reached a definitive agreement to sell its Cast Products business to Consolidated Precision Products Corp. (CPP) of Cleveland, OH. CPP operates 16 global facilities manufacturing products primarily for the aerospace, defense and industrial industries and is a portfolio company of Warburg Pincus, a leading global private equity firm. The transaction, subject to customary regulatory approvals, is expected to close in the early part of the third quarter 2019.
Jun 03, 2019 08:15 am ET
ATI Announces Sale of Industrial Forging Operations
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has agreed to sell two non-core forging facilities to Wynnchurch Capital, LLC for $37 million in cash. Wynnchurch Capital, LLC, based in Chicago, IL, is a leading middle-market private equity investment firm that invests in middle market companies in the United States and Canada which possess the potential for substantial growth and operational improvement. The transaction will close during the second quarter 2019.
May 31, 2019 07:15 am ET
Global Leaders David Hess and Marianne Kah Join ATI Board
Allegheny Technologies Incorporated (NYSE: ATI) today announced that David P. Hess and Marianne Kah have been appointed to the ATI Board of Directors, adding deep expertise in the aerospace and energy markets that are key to ATI’s future.
May 09, 2019 04:30 pm ET
Diane Creel Becomes ATI Board Chair
Allegheny Technologies Incorporated (NYSE: ATI) announced that at the conclusion of its 2019 Annual Meeting today, Diane C. Creel became independent Board Chair upon retirement of Executive Chairman Richard J. Harshman, completing the leadership transition announced in August 2018.
Apr 24, 2019 05:09 pm ET
A&T Stainless Joint Venture Tariff Exclusion Request Denied
Allegheny Technologies Incorporated (NYSE: ATI) today learned that the A&T Stainless joint venture’s previously filed Section 232 tariff exclusion request has been denied by the U.S. Department of Commerce. The joint venture (JV) imports semi-finished stainless slab products from Indonesia to produce 60-inch wide stainless sheet products for sale in North America. These slabs will continue to be subject to the 25% tariff levied on all stainless steel products imported into the United States.
Apr 23, 2019 07:30 am ET
ATI Announces First Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported first quarter 2019 results, with sales of $1.0 billion and net income attributable to ATI of $15.0 million, or $0.12 per share. This compares to ATI’s first quarter 2018 sales of $979 million and net income attributable to ATI of $58.0 million, or $0.42 per share, and first quarter 2018 adjusted results of $43.3 million, or $0.32 per share, excluding a $15.9 million pre-tax, or $0.10 per share, gain on the sale of a 50% interest and subsequent deconsolidation of the A & T Stainless joint v
Apr 11, 2019 05:00 pm ET
ATI Provides Update on First Quarter 2019 Financial Results
Allegheny Technologies Incorporated (NYSE: ATI) today announced that its first quarter 2019 earnings per share is expected to be in the range of $0.10 to $0.13. Sales for the first quarter are expected to be approximately $1.0 billion.
Apr 08, 2019 07:30 am ET
ATI to Maintain Current Production Schedules for 737 MAX and LEAP 1-B
Allegheny Technologies Incorporated (NYSE: ATI) affirmed that it anticipates maintaining its current production and shipping schedules for all materials and components supplied to the Boeing 737 MAX and CFM LEAP 1-B programs during the recently announced temporary aircraft production slowdown scheduled to begin in mid-April 2019.
Apr 04, 2019 08:00 am ET
Timothy Harris to Join ATI as Chief Digital and Information Officer
Allegheny Technologies Incorporated (NYSE: ATI) announced that effective May 6, 2019, Timothy J. Harris will join ATI as Senior Vice President, Chief Digital and Information Officer. This newly created role will extend ATI’s position as an innovative leader producing advanced specialty materials and components by accelerating our digitization and automation strategy.
Apr 04, 2019 07:15 am ET
ATI Extends Long-Term Purchase Agreement With Rolls-Royce
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has extended its Long-Term Purchase Agreement (LTPA) with Rolls-Royce to supply rotating disc quality specialty materials for their Trent engine family. The LTPA extends Rolls-Royce and ATI’s agreement through 2029.
Apr 03, 2019 07:15 am ET
Investor Expectations to Drive Momentum within The Hain Celestial Group, Allegheny Technologies, The Hanover Insurance Group, Zimmer Biomet, Corbus Pharmaceuticals, and Preformed Line Products — Disco
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Hain Celestial Group, Inc. (NASDAQ:HAIN), Allegheny Technologies...
Apr 01, 2019 08:15 am ET
Allegheny Technologies Announces Webcast of Conference Call for First Quarter 2019 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its first quarter 2019 results conference call scheduled for Tuesday, April 23, 2019 at 8:30 a.m. ET after the planned release of first quarter 2019 results. The conference call will be webcast, and accompanying presentation slides will be available, at
Mar 28, 2019 07:15 am ET
ATI Wins $45 Million Supply Contract for Deepwater Pipeline
Allegheny Technologies Incorporated (NYSE: ATI) has been selected to supply the nickel-based flat rolled products for a large oil pipeline project in South America. Revenue to the ATI Flat Rolled Products (FRP) segment is expected to be approximately $45 million, with shipments beginning in second quarter 2019 and scheduled to be completed by year-end.
Mar 14, 2019 07:45 am ET
ATI STAL Joint Venture Commissions New Line
Allegheny Technologies Incorporated (NYSE: ATI) today commissioned STAL 3, the latest expansion of its 20-year STAL joint venture to produce precision stainless steel strip for China and the Asian markets. Thought to be the most advanced in the world, STAL 3 increases capacity by approximately 65%.
Mar 12, 2019 08:00 am ET
Kimberly Fields to Lead ATI’s Flat Rolled Products Group
Allegheny Technologies Incorporated (NYSE: ATI) announced that effective April 1, 2019, Kimberly A. Fields will join ATI as Executive Vice President with full P&L responsibility for the Flat Rolled Products Group, succeeding Robert S. Wetherbee, who held this role until becoming ATI’s President and CEO.
Feb 28, 2019 04:05 pm ET
Leroy Ball Joins ATI Board of Directors
Allegheny Technologies Incorporated (NYSE: ATI) today announced that Leroy M. Ball has been appointed to the ATI Board of Directors.
Jan 29, 2019 07:35 am ET
Factors of Influence in 2019, Key Indicators and Opportunity within The Hain Celestial Group, Allegheny Technologies, NVR, Greif, CorMedix, and Enzo Biochem — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Hain Celestial Group, Inc. (NASDAQ:HAIN), Allegheny Technologies...
Jan 22, 2019 07:15 am ET
ATI Announces Full Year and Fourth Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported 2018 results. For the full year 2018, sales increased 15%, to $4.05 billion, and segment operating profit increased by 46%, to $413.2 million, or 10.2% of sales. Net income attributable to ATI for 2018 was $222.4 million, or $1.61 per share, compared to a full year 2017 net loss attributable to ATI of $91.9 million, or $(0.83) per share. On an adjusted basis, full year 2018 net income was $207.7 million, or $1.51 per share, excluding a $14.7 million, or $0.10 per share, gain on the sale of
Jan 03, 2019 08:00 am ET
Allegheny Technologies Announces Webcast of Conference Call for Fourth Quarter and Full-Year 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, January 22, 2019 at 8:15 a.m. ET. The conference call will be conducted after the Company’s planned release of fourth quarter and full-year 2018 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Nov 26, 2018 08:00 am ET
ATI and Bruker Announce Agreement to Further Advance Niobium-Based Superconductor Technology and Manufacturing Processes
Allegheny Technologies Incorporated (NYSE: ATI) and Bruker Energy & Supercon Technologies (BEST), a wholly owned subsidiary of Bruker Corporation, today announced that they have entered into a joint technology development agreement to advance state-of-the-art niobium-based superconductors, including those used in magnetic resonance imaging (MRI) magnets for the medical industry, and preclinical MRI magnets used in the life-science tools industry.
Nov 08, 2018 07:00 am ET
Allegheny Technologies Announces Webcast of Investor Day Presentation
Allegheny Technologies Incorporated (NYSE:ATI) will provide live Internet listening access to an upcoming investor presentation scheduled for Thursday, November 8, 2018 at 9:00 a.m. ET. The webcast and accompanying presentation slides will be available at ATImetals.com. To access the webcast, visit
Oct 30, 2018 07:45 am ET
Market Trends Toward New Normal in M/I Homes, Omnicell, Allegheny Technologies, S&P Global, First Solar, and Mohawk Industries — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of M/I Homes, Inc. (NYSE:MHO), Omnicell, Inc. (NASDAQ:OMCL), Allegheny...
Oct 23, 2018 07:15 am ET
ATI Announces Third Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2018 results, with sales of $1.02 billion and net income attributable to ATI of $50.5 million, or $0.37 per share. Prior year results were sales of $869 million and a net loss attributable to ATI of $121.2 million, or $(1.12) per share, which included a $113.6 million, or $(1.05) per share, goodwill impairment charge related to ATI’s titanium investment castings business, which was excluded from business segment results. Third quarter 2017 results excluding the goodwill charg
Oct 18, 2018 08:00 am ET
ATI and NLMK Sign Carbon Steel Hot-Rolling Conversion Agreement
Allegheny Technologies Incorporated (NYSE: ATI) announced today it has signed an agreement to provide carbon steel hot-rolling conversion services for NLMK USA at ATI’s world-class Hot-Rolling and Processing Facility, or HRPF, located in Brackenridge, PA. Slab shipments to ATI will begin immediately and increase to anticipated production levels in the first quarter of 2019. This agreement covers conversion services through December 2019.
Sep 28, 2018 08:15 am ET
Allegheny Technologies Announces Webcast of Conference Call for Third Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its third quarter 2018 results conference call scheduled for Tuesday, October 23, 2018 at 8:15 a.m. ET after the planned release of third quarter 2018 results. The conference call will be webcast, and accompanying presentation slides will be available, at
Aug 28, 2018 07:55 am ET
Detailed Research: Economic Perspectives on Allegheny Technologies, Ring Energy, Aerohive Networks, Omeros, Adtalem Global Education, and BioPharmX — What Drives Growth in Today's Competitive Landscap
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Allegheny Technologies Incorporated (NYSE:ATI), Ring Energy, Inc....
Aug 14, 2018 07:15 am ET
ATI Announces CEO Succession Plan
Allegheny Technologies Incorporated (NYSE: ATI) announced today that its Board of Directors has appointed Robert S. Wetherbee to become ATI’s President and Chief Executive Officer effective January 1, 2019, when he will also join the ATI Board.
Jul 24, 2018 07:15 am ET
ATI Announces Second Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported second quarter 2018 results, with sales of $1.01 billion and net income attributable to ATI of $72.8 million, or $0.52 per share, a $0.10 per share sequential improvement compared to the first quarter 2018 and a $0.20 per share increase compared to adjusted first quarter 2018 results of $0.32 per share, which excludes the Q1 stainless sheet joint venture gain. Compared to the prior year quarter, ATI sales were 15% higher and earnings per share of $0.52 was more than five times the Q2 2017
Jul 16, 2018 03:00 am ET
ATI Acquires Aerospace & Defense Additive Manufacturer Addaero
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has acquired Addaero Manufacturing (Addaero), a leader in metal alloy-based additive manufacturing for the aerospace and defense industries, located in New Britain, CT.
Jun 28, 2018 08:30 am ET
Allegheny Technologies Announces Webcast of Conference Call for Second Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its second quarter 2018 results conference call scheduled for Tuesday, July 24, 2018 at 8:15 a.m. ET after the planned release of second quarter 2018 results. The conference call will be webcast, and accompanying presentation slides will be available at
Jun 26, 2018 08:15 am ET
Recent Analysis Shows Teradata, Brookdale Senior Living, Jacobs Engineering Group, Allegheny Technologies, Tronox, and IZEA Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Teradata Corporation (NYSE:TDC), Brookdale Senior Living Inc. (NYSE:BKD),...
Jun 04, 2018 04:30 pm ET
ATI Announces Treasury Leadership Transition
Allegheny Technologies Incorporated (NYSE: ATI) today announced that Scott A. Minder has been named Vice President, Treasurer, and Investor Relations. Mr. Minder succeeds Rose Marie Manley, currently Vice President, Treasurer, who informed the company that she will retire in July 2018. Mr. Minder will continue to report to Patrick J. DeCourcy, Senior Vice President, Finance and Chief Financial Officer. Ms. Manley will serve as Vice President and Special Assistant to the CFO until her retirement to help ensure a smooth transition of ATI’s treasur
May 09, 2018 08:10 am ET
Detailed Research: Economic Perspectives on Allegheny Technologies, Swift Transportation, Boyd Gaming, DSW, The Cheesecake Factory, and Service Corporation International — What Drives Growth in Today'
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Allegheny Technologies Incorporated (NYSE:ATI), Swift Transportation...
Apr 24, 2018 07:30 am ET
ATI Announces First Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported first quarter 2018 results, with sales of $979 million and net income attributable to ATI of $58.0 million, or $0.42 per share. Adjusted first quarter 2018 net income attributable to ATI was $43.3 million, or $0.32 per share, excluding a $15.9 million pre-tax, or $0.10 per share, gain on the sale of a 50% interest and subsequent deconsolidation of the A&T Stainless joint venture in March 2018, which was excluded from business segment results. ATI sales were 8% higher and adjusted net incom
Apr 03, 2018 08:50 am ET
Allegheny Technologies Announces Webcast of Conference Call for First Quarter 2018 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its first quarter 2018 results conference call scheduled for Tuesday, April 24, 2018 at 8:30 a.m. ET after the planned release of first quarter 2018 results. The conference call will be webcast, and accompanying presentation slides will be available, at
Mar 27, 2018 09:15 am ET
Allegheny & Tsingshan Stainless Joint Venture Files Tariff Exclusion Request
Allegheny Technologies Incorporated (NYSE: ATI) today announced that the company filed for an exclusion from Section 232 tariffs on behalf of its recently formed Allegheny & Tsingshan Stainless joint venture (JV). The JV imports semi-finished stainless slab products from Indonesia. These slabs are currently subject to the 25% tariffs recently levied on all stainless steel products imported into the United States.
Mar 22, 2018 11:00 am ET
ATI to Expand Aerospace Iso-Thermal Forging Capacity
Allegheny Technologies Incorporated (NYSE: ATI) today announced that its board of directors has approved an investment to expand its iso-thermal forging and heat treating capacities to satisfy growing demand from the aerospace jet engine market. This self-funded, multi-year expansion of approximately $95 million represents ATI’s fourth iso-thermal press which, along with the associated heat treating expansion, will be located at the company's iso-thermal forging center of excellence in Cudahy, WI. The investment will take approximately 3 years t
Mar 07, 2018 08:00 am ET
Investor Expectations to Drive Momentum within Teradata, Hershey, Allegheny Technologies, The Cheesecake Factory, TEGNA, and Covanta Holding — Discovering Underlying Factors of Influence
NEW YORK, March 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Teradata Corporation (NYSE:TDC), Hershey Company (NYSE:HSY),...
Mar 01, 2018 08:30 am ET
ATI and Tsingshan Announce Formation of Joint Venture
Allegheny Technologies Incorporated (NYSE: ATI) stated today that it formed its previously announced 50-50 joint venture (JV) with an affiliate company of Tsingshan Group (Tsingshan) to produce 60-inch wide stainless sheet products for sale in North America. Initial customer shipments are expected in the first half of 2018.
Feb 21, 2018 08:30 am ET
ATI Elects New Director
Allegheny Technologies Incorporated (NYSE: ATI) today announced that Herbert J. “Hawk” Carlisle has been elected to the ATI Board of Directors. His election increases the number of directors to eleven.
Jan 23, 2018 07:30 am ET
ATI Announces Fourth Quarter and Full Year 2017 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2017 results, with sales of $910 million and net income attributable to ATI of $1.7 million, or $0.01 per share. Adjusted fourth quarter 2017 net income attributable to ATI was $34.6 million, or $0.27 per share, excluding a debt extinguishment charge of $37.0 million, net of tax, or $(0.29) per share, for the full redemption of the $350 million, 9.375% Senior Notes due 2019, and $4.1 million of tax benefits from the 2017 Tax Cuts and Jobs Act legislation.
Jan 11, 2018 07:50 am ET
ATI Announces New Long-Term Agreements With General Dynamics Land Systems
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has signed two new Long-Term Pricing Agreements (LTPAs) with General Dynamics (GD) Land Systems to be the preferred supplier of titanium plate for the Abrams tank (United States) and the AJAX specialist vehicle (United Kingdom). The Abrams LTPA runs through 2019 while the AJAX LTPA runs through 2021.
Jan 05, 2018 09:50 am ET
Allegheny Technologies Announces Webcast of Conference Call for Fourth Quarter and Full-Year 2017 Results
Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Tuesday, January 23, 2018 at 8:30 a.m. ET. The conference call will be conducted after the Company’s planned release of fourth quarter and full-year 2017 results. The conference call will be broadcast, and accompanying presentation slides will be available, at
Dec 07, 2017 07:31 am ET
ATI Selected to Supply Innovative Solution for Large Pipeline Repair Project
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has been selected to supply the nickel-based alloy product for a large oil pipeline repair project. The project’s estimated revenue value to the ATI Flat Rolled Products segment is $30 million. Shipments are expected to begin in the first quarter 2018.
Nov 10, 2017 07:50 am ET
Report: Developing Opportunities within C.H. Robinson, Intrepid Potash, DSW, Allegheny Technologies, Manitowoc, and International Paper – Future Expectations, Projections Moving into 2018
NEW YORK, Nov. 10, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), Intrepid...
Nov 07, 2017 09:18 pm ET
Allegheny Technologies Announces Pricing of Common Stock Offering
Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has priced an underwritten offering of 17,000,000 shares of common stock at a public offering price of $24.00 per share, before offering discounts. The offering will result in gross proceeds of approximately $408 million to ATI. ATI granted the underwriters a 30-day option to purchase up to 2,550,000 additional shares of common stock at the public offering price, less the underwriting discount. The offering is expected to close on November 9, 2017, subject to customary closin
Nov 07, 2017 04:05 pm ET
Allegheny Technologies Announces Common Stock Offering
Allegheny Technologies Incorporated (NYSE:ATI) announced today its intention to offer, subject to market and other conditions, 17,000,000 shares of common stock in an underwritten registered public offering. ATI expects to grant the underwriter a 30-day option to purchase up to 2,550,000 additional shares of common stock.
Nov 02, 2017 06:55 am ET
ATI and Tsingshan to Form Innovative Stainless Steel Joint Venture
Allegheny Technologies Incorporated (NYSE: ATI) today announced that it has reached a definitive agreement to form an innovative 50-50 joint venture (JV) with an affiliate company of Tsingshan Group (Tsingshan). Tsingshan is vertically integrated and is the world’s largest stainless steel producer. Formation of the JV is subject to customary regulatory and anti-trust clearances, which are expected by the first quarter 2018. The JV will manufacture and sell 60 inch-wide stainless sheet in North America. First shipments are expected in early 2018.
Oct 24, 2017 07:30 am ET
ATI Announces Third Quarter 2017 Results
Allegheny Technologies Incorporated (NYSE: ATI) reported third quarter 2017 sales of $869 million and a net loss attributable to ATI of $121.2 million, or $(1.12) per share. ATI’s third quarter 2017 results include a previously-announced non-cash goodwill impairment charge of $113.6 million, net of tax, or $(1.05) per share, for ATI’s cast products business, which was excluded from business segment results. Excluding this charge, the net loss attributable to ATI was $7.6 million, or $(0.07) per share. Business segment operating profit, which exc
Oct 12, 2017 07:30 am ET
ATI Comments on Third Quarter 2017 Financial Results
Allegheny Technologies Incorporated (NYSE: ATI) today commented on third quarter financial results and announced a non-cash net of tax charge of $114 million, or $(1.05) per share, for goodwill impairment related to the Cast Products business.
Mar 03, 2017 02:37 pm ET
U.S. Producers Of Stainless Steel Sheet And Strip Applaud ITC Decisions In Unfair Trade Cases On Imports From China
WASHINGTON, March 3, 2017 /PRNewswire/ -- The U.S. International Trade Commission (ITC) today issued a unanimous determination that the U.S. industry has been materially injured by unfairly traded imports of stainless steel sheet and strip from China.  As a result, unfair trade orders will be issued by the U.S. Department of Commerce in the coming days imposing antidumping duties on imports from China ranging from 63.86 to 76.64 percent and countervailing duties ranging from 75.60 to 190.71 percent. 
Jan 25, 2017 09:31 am ET
PriceWatch Option Alert: Covered-Call Reports for Allegheny Technologies, eBay, Corning Inc., Johnson & Johnson and Micron
CHICAGO, Jan. 25, 2017 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ATI, EBAY, GLW, JNJ, and MU.
Dec 21, 2016 09:31 am ET
Sep 12, 2016 03:02 pm ET
U.S. Stainless Steel Sheet And Strip Producers Encouraged By Commerce Department's Affirmative Preliminary Determination In Antidumping Investigation
WASHINGTON, Sept. 12, 2016 /PRNewswire/ -- The U.S. Department of Commerce today announced its preliminary determination that imports of stainless steel sheet and strip from China are being sold at less than fair value (or "dumped") in the United States.  As a result, the Commerce Department will instruct U.S. Customs and Border Protection ("CBP") to begin requiring U.S. importers of stainless steel sheet and strip from China to deposit estimated antidumping duties at the time of importation.  Further, based on its previously announced preliminary affirmative critical circumstances determina
Aug 30, 2016 10:31 am ET
Kinder Morgan trade offers a 6% return in 108 days, or find similar option trades on Amazon.com, Alleghany Technologies, Boeing, and Exelixis
CHICAGO, Aug. 30, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, ATI, BA, EXEL, and KMI.
Jul 27, 2016 10:31 am ET
Apple, Illumina, Alleghany Technologies, Las Vegas Sands, and Cirrus Logic and more offer option-trading opportunities that offer returns of more than 20%
CHICAGO, July 27, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, ATI, CRUS, ILMN, and LVS.
Jul 12, 2016 03:25 pm ET
U.S. Stainless Steel Sheet and Strip Industry Encouraged by Commerce Department's Affirmative Preliminary Determination in China Subsidy Investigation
WASHINGTON, July 12, 2016 /PRNewswire/ -- Today, the U.S. Department of Commerce announced its preliminary determination that imports of stainless steel sheet and strip ("SSSS") from China are benefitting from unfair government subsidies.  As a result, it will instruct U.S. Customs and Border Protection ("CBP") to begin to require U.S. importers of SSSS from China to deposit estimated countervailing duties at the time of importation.  Further, based on its previously announced preliminary affirmative critical circumstances determination, the Commerce Department will instruct CBP to suspend l
Jul 12, 2016 10:31 am ET
GoPro, US Steel, eBay, Alleghany Technologies, and JC Penney and more offer option-trading opportunities that offer returns of more than 20%
CHICAGO, July 12, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ATI, EBAY, GPRO, JCP, and X.
Jun 27, 2016 12:50 pm ET
Domestic Producers Applaud Commerce Department's Preliminary Critical Circumstances Determination in Subsidy Investigation of Stainless Steel Sheet and Strip from China
WASHINGTON, June 27, 2016 /PRNewswire/ -- The U.S. Department of Commerce published in the Federal Register today its preliminary affirmative determination of critical circumstances regarding imports of stainless steel sheet and strip from the People's Republic of China, a decision that was applauded by the domestic industry.
Feb 01, 2016 09:31 am ET
Covered Call Alerts For Mobileye NV, Consol Energy, Alleghany Technologies, Celgene and LinkedIn Released By InvestorsObserver
CHICAGO, Feb. 1, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MBLY, CNX, ATI, CELG and LNKD.

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.