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Allegheny Technologies Inc (ATI)

ATI on New York Consolidated

15.12USD
22 Jul 2016
Change (% chg)

$0.14 (+0.93%)
Prev Close
$14.98
Open
$14.90
Day's High
$15.15
Day's Low
$14.69
Volume
1,753,113
Avg. Vol
2,916,442
52-wk High
$22.74
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$7.08

Latest Key Developments (Source: Significant Developments)

Allegheny Technologies agreed to sell $250.0 million aggregate principal of 4.75% convertible senior notes due 2022
Wednesday, 18 May 2016 09:25pm EDT 

Allegheny Technologies Inc: Agreed to sell $250.0 million aggregate principal amount of 4.75% convertible senior notes due 2022 . Has granted underwriters a 30-day option to purchase up to an additional $37.5 million aggregate principal amount of notes . Notes will pay interest semi-annually in arrears at a rate of 4.75% per year and will mature on July 1, 2022 .Allegheny technologies announces pricing of convertible senior notes offering.  Full Article

Allegheny Technologies agreed to sell $250.0 million aggregate principal of 4.75% convertible senior notes due 2022
Wednesday, 18 May 2016 06:19pm EDT 

Allegheny Technologies Inc: Agreed to sell $250.0 million aggregate principal amount of 4.75% convertible senior notes due 2022 . Has granted underwriters a 30-day option to purchase up to an additional $37.5 million aggregate principal amount of notes . Notes will pay interest semi-annually in arrears at a rate of 4.75% per year and will mature on July 1, 2022 .Allegheny technologies announces pricing of convertible senior notes offering.  Full Article

Allegheny Technologies sets quarterly dividend of $0.08/shr
Friday, 6 May 2016 01:41pm EDT 

Allegheny Technologies Inc :Sets quarterly cash dividend of $0.08 per share.  Full Article

Allegheny Technologies Inc to cut over 250 positions at its FRP operations - Reuters News
Tuesday, 19 Apr 2016 02:18am EDT 

Allegheny Technologies Inc:ATI announces restructuring actions to further streamline flat rolled products operations.Allegheny Technologies Inc says $9 million of Q1 2016 charges for salaried workforce reductions.Over $30 million of annual savings from restructuring actions to begin in Q3 2016.Reduction of approximately one third of FRP's salaried workforce through elimination of over 250 positions.Allegheny Technologies Inc says restructuring of its flat rolled products (FRP) operations with reduction of over 250 positions.Expect flat rolled products business to be modestly profitable in second half of 2016.Workforce reduction will be completed by end of Q2 2016.  Full Article

Allegheny Technologies Incorporated announces restructuring actions to further streamline flat rolled products operations
Monday, 18 Apr 2016 04:25pm EDT 

Allegheny Technologies Incorporated:The next phase in the restructuring of its Flat Rolled Products (FRP) operations with the reduction of approximately one third of FRP's salaried workforce through the elimination of over 250 positions.This workforce reduction will be completed by the end of the second quarter 2016.As a result of these actions, ATI will record a $9 million severance charge in first quarter 2016 results.These actions are expected to generate annualized cost savings benefits of over $30 million beginning in the third quarter 2016.  Full Article

Allegheny Technologies Inc issues statement regarding nlrb complaint
Thursday, 11 Feb 2016 04:51pm EST 

Allegheny Technologies Inc:Says issues statement regarding nlrb complaint.Issues statement regarding nlrb complaint.Says "believes this is a legal work stoppage that resulted after a lack of progress in contract negotiations".  Full Article

Allegheny Technologies Declares Quarterly Dividend
Thursday, 10 Dec 2015 04:45pm EST 

Allegheny Technologies Incorporated:declared a quarterly cash dividend of $0.08 per share of common stock. The dividend is payable on December 30, 2015 to stockholders of record at the close of business on December 21, 2015.Reducing our quarterly cash dividend to $0.08 per share from $0.18 per share in the previous quarter.  Full Article

Allegheny Technologies Inc issues lockout notice to USW - Reuters
Thursday, 13 Aug 2015 08:00pm EDT 

Allegheny Technologies Inc:Says issued a lockout notice involving more than 2,000 workers at various facilities.Says lockout takes effect Saturday, August 15, 2015.Says USW negotiating committee has not accepted the company's offer or allowed the ATI employees to vote on it.Says Will continue to operate affected facilities with ATI salaried and non-union employees, temporary professional staffing.  Full Article

Allegheny Technologies Inc declares quarterly dividend
Thursday, 30 Jul 2015 11:48am EDT 

Allegheny Technologies Inc:Declared a quarterly cash dividend of $0.18 per share of common stock.Payable on September 16.Record date as on August 19.  Full Article

Allegheny Technologies Inc. and USW Continue to Operate Under Existing Labor Pacts - Health and Beauty Close-Up
Saturday, 4 Jul 2015 08:00pm EDT 

Allegheny Technologies Inc:Says ATI and the United Steelworkers (USW) are continuing to operate under the terms and conditions of the collective bargaining agreements that expired at 11:59 PM on June 30 - Health and Beauty Close-Up.Says ATI remains hopeful that progress can be made toward new agreements, but significant issues need to be resolved.Says ATI continues to work in good faith with the USW toward new and fair agreements.  Full Article

Indonesia's MNC Land to invest $500 million in theme park - CEO

JAKARTA, June 17 Indonesia's MNC Land, part of the MNC group, will invest $500 million in a theme park in West Java province, CEO Hary Tanoesoedibjo said on Friday.