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CRS News and Press, Carpenter Technology Corporation From 07/10/20

Stock Information

Company Name: Carpenter Technology Corporation
Stock Symbol: CRS
Market: NYSE
Website: carpentertechnology.com

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CRS - Carpenter Technology Corporation Announces Pricing of 6.375% Senior Notes Due 2028

PHILADELPHIA, July 10, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it priced an offering of $400.0 million aggregate principal amount of 6.375% senior unsecured notes due 2028 (the “Notes”) in an unde...

CRS - Carpenter Technology Corporation Announces Public Offering of Senior Notes

PHILADELPHIA, July 09, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it has commenced an underwritten public offering of senior notes (the “Notes”), subject to market and other conditions. The Company i...

CRS - Can Screening For Stocks Still Generate Alpha?

This article is an overview of screening; in subsequent articles, I will be doing deep dives into some classic screens such as those by Benjamin Graham, William O'Neil, Joel Greenblatt, Joseph Piotroski, and James and Patrick O'Shaughnessy. Hundreds of thousands - perhaps millions - of inv...

CRS - Carpenter Tech issues lower than expected Q4 outlook

Carpenter Technology ( CRS +1.1% )  expects Q4 adjusted operating loss of $16M to $21M, with adjusted EPS loss of $0.30 - $0.38, vs. consensus of $0.18, primarily due to reduction in inventory by $100M-$120M, a major contributor to the lower than anticipated operating income. ...

CRS - Carpenter Technology Provides Updated Outlook and Continues Actions to Bolster Already Healthy Liquidity Position

PHILADELPHIA, July 06, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today provided a preliminary outlook for fiscal year 2021 and preliminary results, subject to finalization and audit, for the fourth quarter of fiscal year 2020. &#x...

CRS - Carpenter Technology to slash workforce by 20%

Carpenter Technology (NYSE: CRS ) says it will cut its salaried workforce by 20% , citing business challenges created by the coronavirus pandemic. More news on: Carpenter Technology Corporation, Tech stocks news, Read more ...

CRS - Carpenter Technology Announces Additional Actions to Enhance Long-Term Success

PHILADELPHIA, June 04, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced a set of company-wide actions to strengthen performance.  The plan builds upon targeted initiatives previously announced by the Company in conjunct...

CRS - An Abrupt Shift In Business Will Challenge Carpenter's Self-Improvement Story

The outbreak of Covid-19 has dramatically shifted the outlooks and operating environments for many businesses, and in the case of Carpenter Technology ( CRS ), it's going to seriously challenge the company's recent self-improvement efforts, efforts that had seen notable product mix and margi...

CRS - Corrosion Resistant Superalloy Market Projected to Gain Significant Value by 2029

New York City, NY: May 13, 2020 – Published via (Wired Release):- “Market.us presents a new report titled Corrosion Resistant Superalloy Market: 2020 Research and New Innovations in Oil and Gas Sector. The prime objective of the report is to offer updates and information related ...

CRS - Carpenter Technology Corporation (CRS) CEO Tony Thene on Q3 2020 Results - Earnings Call Transcript

Carpenter Technology Corporation (CRS) Q3 2020 Earnings Conference Call April 30, 2020 10:00 AM ET Company Participants Brad Edwards - Investor Relations Tony Thene - President & Chief Executive Officer Tim Lain - Vice President & Chief Financial Officer Conference Cal...

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