Robert S. Wetherbee becomes Executive Chairman DALLAS, July 1, 2024 /PRNewswire/ -- Kimberly A. Fields today became President and CEO of ATI Inc. [NYSE: ATI]. In a planned leadership transition, she succeeds Robert S. "Bob" Wetherbee, who becomes Executive Chairman.Fields served as ATI's Chief Operating Officer since 2022, becoming President in July 2023. During Kim's tenure, ATI has grown as one integrated operation, sharpening its operational advantages, increasing capacity and capability for the extraord ...

LIKMEZ™ (ATI-1501) for Metronidazole Oral Suspension 500mg/5mL launched and commercial sales ongoing Funding commitments from U.S. Air Force Academy intended to advance ATI-1701 toward an IND submission to the FDA Engaging regulatory authorities to align on ATI-1801 development plans  HALIFAX, Nova Scotia, June 25, 2024 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX:APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medic ...

Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Rheumatoid Arthritis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034" report has been added to ResearchAndMarkets.com's offering.The 7 major rheumatoid arthritis markets reached a value of US$ 27.5 billion in 2023. Looking forward, the 7MM are projected to reach US$ 33.8 billion by 2034, exhibiting a growth rate (CAGR) of 2.32% during 2023-2034. This report provides an exhaustive analysis of the rheumatoid arthri ...

cumhurkaplan/iStock via Getty Images The Thesis The topline weakness of ATI (NYSE:ATI) continued as it entered 2024, however, the company saw some improvement in the AA&S segment due to increased titanium shipment for airframes during the quarter. I expect the topline to grow in the coming quarters as the demand environment remains strong for the company's materials mainly in the A&D and medical end market. The capacity expansion initiative for titanium production also continued which should drive the c ...

Monty RakusenThere has been no shortage of issues at major aircraft OEMs Airbus (EADSY) or Boeing (BA), but those headwinds haven’t prevented ATI (NYSE:ATI) from leveraging this upturn in aerospace and generating meaningfully better margins than in past years. With that, these shares have done alright since my last update, climbing more than 25%, though other specialty alloy rivals like Carpenter (CRS) and Universal Stainless & Alloy Products (USAP) have done even better. I do have some concerns that th ...

Core Viewpoint - ATI's stock has experienced significant growth, rising over 40% since February 1, but an analyst has downgraded it to neutral, suggesting potential momentum may stall [1][2]. Company Overview - ATI, formerly known as Allegheny Technologies, specializes in high-performance materials and advanced metal alloys for aerospace and industrial applications [2]. - The materials produced by ATI contribute to fuel efficiency in aerospace and heavy equipment, providing strength and durability comparable to steel while being lighter [2]. Recent Performance - The stock's rise was fueled by strong earnings reports in early February and late April, attracting investor interest [2]. - Analyst Chris Olin from Northcoast Research downgraded ATI to neutral from buy, citing concerns about demand in certain industrial subsectors and the stock's high earnings multiple [2]. Market Outlook - Despite short-term uncertainties, there are long-term opportunities for ATI as the commercial aerospace sector is in the early stages of a multi-year ramp-up, with airlines looking to expand and replace older jets [3]. - Current issues faced by Boeing have temporarily affected deliveries but have not diminished the demand for new equipment [3]. - Investors may consider holding their positions or taking profits, as the stock's recent performance suggests a cautious approach moving forward [3].

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Allegheny Technologies (ATI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Allegheny Technologies is a member of our Basic Materials group, which includes ...

DALLAS, June 6, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Chief Financial Officer Don Newman will speak at the 2024 Wells Fargo Industrials Conference in Chicago, IL, on June 11, 2024, at 12:45 p.m. CT. The link to the fireside chat is available at the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.ATI: Proven to Perform.ATI (NYSE: ATI) is a global producer of high performance materials and solutions for ...

Investors might want to bet on Allegheny Technologies (ATI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...