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
$9.38
Day's Change
0.37 (4.11%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.50
Day's Low
8.83
Volume
(Average)

Today's volume of 1,092,582 shares is on pace to be in-line with ATI's 10-day average volume of 1,518,409 shares.

1,092,582

Ruby Tuesday files for bankruptcy amid 'unprecedented impact' of COVID-19

6:10 am ET October 7, 2020 (MarketWatch)
Print

Casual dining restaurant chain Ruby Tuesday filed for bankruptcy Wednesday, citing the "unprecedented impact" of the COVID-19 pandemic. The company said it has reached an understanding with its lenders to support its financial restructuring, which it plans to use strengthen its business by reducing debt. The restaurants will continue to operate "business as usual" through the bankruptcy process. "This announcement does not mean 'Goodbye, Ruby Tuesday,'" said Chief Executive Shawn Lederman. "Today's actions will allow us an opportunity to reposition the company for long-term stability as we recover from the unprecedented impact of COVID-19." Ruby Tuesday joins a list of companies that went bankrupt amid the pandemic, including fellow restaurant chain California Pizza Kitchen, Hertz Global Holdings Inc. (HTZ), Chesapeake Energy Corp. (CHKAQ) and J.C. Penney Co. Inc. (JCPNQ).

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 07, 2020 06:10 ET (10:10 GMT)

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