Allegheny Technologies Inc
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Materials : Metals & Mining | Small Cap Blend
Company profile

Allegheny Technologies Incorporated is a manufacturer of specialty materials and complex components. The Company operates through two business segments: High Performance Materials & Components (HPMC), and Flat Rolled Products (FRP). The HPMC segment produces, converts and distributes a range of materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, zirconium and related alloys, including hafnium and niobium, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings, components and machined parts. The FRP segment produces, converts and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys, in a range of product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products.

Price
Delayed
$9.41
Day's Change
0.40 (4.44%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.50
Day's Low
8.83
Volume
(Average)

Today's volume of 1,007,836 shares is on pace to be in-line with ATI's 10-day average volume of 1,518,409 shares.

1,007,836

Dow opens modestly higher Wednesday as stock-market investors await Fed policy update

9:33 am ET September 16, 2020 (MarketWatch)
Print

U.S. stock benchmarks opened modestly higher early Wednesday as investors awaited the Federal Reserve's latest views on economic growth and inflation prospects. The Dow Jones Industrial Average rose 0.3% at 28,084, the S&P 500 index gained 0.3% at 3,412, while the Nasdaq Composite Index climbed 0.2% at 11,219. Investors are weighing the prospect of continued support from the Fed against further delays to a fiscal spending package expected from lawmakers. While the Fed isn't expected to change interest rates Wednesday, policy makers may revise closely watched economic and inflation projections. The Fed will release its statement at 2 p.m. Eastern Time and Chairman Jerome Powell will hold a news conference a half-hour later. In economic reports, a report on retail sales for August showed an increase of 0.6%, the government said Thursday. Economists polled by MarketWatch had forecast a 0.7% increase. In corporate news, Boeing Co. shares (BA) are in focus after the House Transportation Committee released an investigative report that blamed the aeronautics and defense contractor for deficiencies that helped lead to problems with its 737 MAX fleet of planes.

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 16, 2020 09:33 ET (13:33 GMT)

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