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Allegheny Technologies Inc (ATI)

ATI on New York Consolidated

18.57USD
18 Aug 2017
Change (% chg)

$0.46 (+2.54%)
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$18.11
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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

BRIEF-Allegheny Technologies Inc Q2 earnings per share $0.09

* Allegheny Technologies Inc - remained on track in HPMC segment in first half 2017