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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; Tess.Stynes@dowjones.com;

Stock News for Allegheny (ATI)
DateTimeHeadline
03/27/201502:00:00ACTIA Group renouvelle son éligibilité au PEA-PME
03/25/201502:00:00ACTIA Group : Forte hausse des résultats annuels 2014
03/20/201509:18:32Proxy Statement (definitive) (def 14a)
03/09/201517:21:15Initial Statement of Beneficial Ownership (3)
03/04/201516:13:02Statement of Changes in Beneficial Ownership (4)
03/03/201516:15:26Current Report Filing (8-k)
02/27/201518:37:35Statement of Changes in Beneficial Ownership (4)
02/27/201518:29:05Statement of Changes in Beneficial Ownership (4)
02/27/201517:43:05Statement of Changes in Beneficial Ownership (4)
02/27/201517:35:39Statement of Changes in Beneficial Ownership (4)
02/27/201517:35:09Statement of Changes in Beneficial Ownership (4)
02/27/201517:35:09Statement of Changes in Beneficial Ownership (4)
02/27/201517:33:28Statement of Changes in Beneficial Ownership (4)
02/27/201517:32:01Statement of Changes in Beneficial Ownership (4)
02/27/201517:02:14Statement of Changes in Beneficial Ownership (4)
02/26/201516:33:45Annual Report (10-k)
02/26/201511:23:00Allegheny Technologies Declares Quarterly Dividend
02/26/201508:09:00Allegheny Technologies Elects New Director
02/12/201501:00:00ACTIA Group : Hausse de 11,9 % du chiffre d’affaires 2014 qui a...
02/11/201513:56:19Amended Statement of Ownership (sc 13g/a)

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