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Sale Provides Significant Cash to Help Fund Balance Sheet Improvement Initiatives 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. “We...
Sales Increase Available Cash to Fund Balance Sheet Improvement Initiatives 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 por...
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, an...
"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years… We are profoundly worried that this could be a risky allocation over the next 10." - Sanford C. Bernstein & Company analysts, January 2017 "Bull markets are born ...
I’ve commented many times over the years that successful turnarounds, particularly when the company has some meaningful moats, can significantly exceed expectations. That’s certainly been playing out at Materion ( MTRN ), as the company’s restructuring efforts – i...
Allegheny Technologies ( ATI +5.8% ) has agreed to sell its Cast Products business to Consolidated Precision Products Corp of Cleveland, OH. More news on: Allegheny Technologies Incorporated, Read more ...
Strategic Portfolio Optimization Action Will Drive Improved Financial Results 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 o...
Allegheny Technologies ( ATI +0.8% ) has agreed to sell two non-core forging facilities to Wynnchurch Capital, LLC for $37M in cash. More news on: Allegheny Technologies Incorporated, Merger & acquisition news, Read more ...
Intensifies Focus on Key Aerospace & Defense Markets 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 l...
Despite strong demand growth in end markets like aerospace and oil/gas, specialty alloy producers like Universal Stainless & Alloy Products ( USAP ) have underperformed the S&P 500 by a wide margin. USAP has been particularly weak, with the stock down more than 45% over the past year v...
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announced today that it has entered into an underwriting ...
CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation announced today that it has issued a notice of conditional redemption for the outstanding US$157 million principal amount of its 9.75% Senior Secured Second Lien Notes due 2026 (the “Redemption Notes”), wh...
CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results highlighted by record Free Cash Flow, operational milestones and the continued execution on return of...