Key Developments: Allegheny Technologies Inc (ATI)
19 Dec 2013
Latest Key Developments (Source: Significant Developments)
Allegheny Technologies Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is payable on March 28, 2012 to stockholders of record at the close of business on March 14, 2012. Full Article
Allegheny Technologies Inc. Issues FY 2012 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Allegheny Technologies Inc. announced that for fiscal 2012, it expects revenue growth of at least 10%. The Company reported revenue of $5.183 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $5.821 billion for fiscal 2012. Full Article
- Kennametal Inc said it would buy Allegheny Technologies Inc's tungsten materials business for $605 million to boost supply of the raw material used to make its metal-working tools, increasing its exposure to aerospace and energy markets.