In the latest market close, Allegheny Technologies (ATI) reached $59.06, with a -1.2% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.78%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%.Heading into today, shares of the maker of steel and specialty metals had gained 8.3% over the past month, outpacing the Basic Materials sector's gain of 1.42% and the S&P 500's gain of 2.14% in that time.The upcoming earnings release of Allegheny Technolo ...

DALLAS, July 2, 2024 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its second quarter 2024 earnings conference call on Tuesday, August 6, 2024, at 7:30 a.m. CT (8:30 a.m. ET).  Second quarter 2024 results are scheduled to be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET).The conference call will be broadcast, and accompanying presentation slides will be available, at ATImaterials.com. To access the broadcast, visit ATImaterials.com and select "Conference Call." Conference ca ...

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 ...

After a nice run higher, one analyst moves to the sidelines.Specialty materials company ATI (ATI -11.14%) has been flying high this year, with the shares up more than 40% since Feb. 1.At least one Wall Street analyst believes that momentum is likely to stall from here. Shares of ATI were down about 10% as of 10:45 a.m. ET Friday after the stock was downgraded to neutral.A strong surge subsides?ATI, formerly known as Allegheny Technologies, is a maker of high-performance materials and advanced metal alloys u ...

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 ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Allegheny Technologies (ATI) .Allegheny Technologies currently ha ...