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Allegheny Technologies Sharply Boosts 4Q EPS View

DOW JONES NEWSWIRES Allegheny Technologies Inc. (ATI) boosted its fourth-quarter profit estimate sharply amid improving volume and pricing as well as benefits from earlier cost cutting and lower raw materials expenses. The metals processor's shares were up 5.1% at $40.01 in recent premarket trading. The stock was up 49% this year through Wednesday's close. The company now expects earnings of 20 cents to 25 cents a share, compared with its October view for in line with the third quarter's 1-cent profit. President and Chairman L. Patrick Hassey said Thursday that with the fourth-quarter projection, "ATI will be profitable in 2009." In addition to improving sales, the company also has been improving its position with key customers and expanding its product, market and geographic diversification. The company's markets range from aerospace and defense to chemical processing to food equipment. ATI plans to release its fourth-quarter results Jan. 27. -By Tess Stynes, Dow Jones Newswires; 212-416-2481;;

Stock News for Allegheny (ATI)
11/12/201501:00:00ACTIA Group : Chiffre d’affaires du 3ème trimestre 2015 : + 6...
11/05/201512:00:00ACTIA GROUP : Information relative au nombre total de droits...
10/29/201516:54:24Statement of Changes in Beneficial Ownership (4)
10/29/201516:52:09Statement of Changes in Beneficial Ownership (4)
10/29/201516:08:39Quarterly Report (10-q)
10/28/201516:27:52Statement of Changes in Beneficial Ownership (4)
10/25/ Daily Round Up 10/23/15: THC, ACAT, VEEV...
10/23/201516:41:37Statement of Changes in Beneficial Ownership (4)
10/23/201516:18:20Current Report Filing (8-k)
10/20/201507:30:00ATI Third Quarter 2015 Results In Line With Prior Guidance
10/06/201516:24:57Current Report Filing (8-k)
10/06/201516:15:00ATI Comments on Third Quarter 2015
10/01/201516:29:20Current Report Filing (8-k)
10/01/201510:50:00Allegheny Tech: Flat-Rolled Operations on Track
10/01/201508:45:00ATI Announces Successful Completion of Repairs to Hot-Rolling...
09/25/201516:17:44Current Report Filing (8-k)
09/24/201508:51:00ATI Completes Asset Based Lending Revolving Credit Facility Agreement
09/17/201501:00:00ACTIA Group : Mise à disposition du Rapport Financier Semestriel 2...
09/17/201501:00:00ACTIA Group : Résultats semestriels 2015
09/03/201516:29:19Current Report Filing (8-k)

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