Core Points - Altai Resources Inc. announced the dismissal of its claim against the Government of Quebec regarding the expropriation of its oil and gas exploration assets in 2022 [1] - The dismissal was granted by the Superior Court of Quebec at the request of the Attorney General of Quebec, citing that the company no longer had legal representation [1] Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [2]

Company Performance - ATI's stock closed at $76.39, reflecting a +2.02% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, ATI shares have decreased by 0.79%, underperforming the Aerospace sector's loss of 0.69% and the S&P 500's gain of 2.09% [1] Earnings Expectations - The upcoming earnings report for ATI is expected to show an EPS of $0.75, which represents a 25% increase compared to the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $1.13 billion, indicating a 7.79% increase from the previous year [2] Full Year Projections - For the full year, analysts expect earnings of $3.06 per share and revenue of $4.62 billion, reflecting changes of +24.39% and +5.84% respectively from last year [3] - Recent changes to analyst estimates for ATI suggest a positive outlook for the business [3] Valuation Metrics - ATI is currently trading at a Forward P/E ratio of 24.51, which is a discount compared to the industry average Forward P/E of 35.18 [6] - The company has a PEG ratio of 1.02, compared to the Aerospace - Defense Equipment industry's average PEG ratio of 2.25 [6] Industry Ranking - The Aerospace - Defense Equipment industry, which includes ATI, has a Zacks Industry Rank of 53, placing it in the top 22% of all industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - ATI Inc. has appointed two experienced aerospace executives, Elizabeth Lund and Jean Lydon-Rodgers, to its Board of Directors, effective November 1, 2025, enhancing its leadership in the aerospace and defense sectors [1][5][8] Group 1: Leadership Appointments - Elizabeth Lund has over 34 years of experience in commercial aerospace, having previously served as Senior Vice President of Quality for Boeing Commercial Airplanes, where she significantly improved aircraft delivery performance and implemented safety reforms [2][3][4] - Jean Lydon-Rodgers has more than three decades of experience in aerospace, recognized for her leadership in engine development and aftermarket services, most recently leading GE Aviation Services with a $15+ billion global aftermarket division [6][7] Group 2: Strategic Impact - Lund's expertise in operational excellence and global supply chains is expected to strengthen ATI's role in next-generation aerospace platforms [5][8] - Lydon-Rodgers' strategic leadership and experience in scaling complex supply chains will directly support ATI's growth strategy in aerospace and defense [8] Group 3: Company Overview - ATI is a producer of high-performance materials and solutions for the global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy [9][10]

Accessibility StatementSkip Navigation Search for successor underway DALLAS, Sept. 10, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) today announced that Executive Vice President - Finance and Chief Financial Officer Don Newman has informed the Company he will retire March 1, 2026. As the Company conducts a search for his successor, Newman will continue to serve as Chief Financial Officer until his retirement date. Following his retirement, he will serve the Company in an advisory capacity for a period of time ...

HALIFAX, Nova Scotia, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and biodefense, today announced that Carl Gelhaus, Ph.D., Director of Non-Clinical Research, will participate in the NATO Chemical, Biological, Radiological and Nuclear (“CBRN”) Conference, taking place September 8–10, 2025, in Switzerland. Dr. Gelhaus will join NATO and allied representative ...

- Late Breaking Abstract to Present Additional Data from Aclaris’ Phase 2a Trial of ATI-2138 in Atopic Dermatitis- WAYNE, Pa., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Aclaris Therapeutics, Inc. (NASDAQ: ACRS), a clinical-stage biopharmaceutical company focused on developing novel product candidates for immuno-inflammatory diseases, today announced that a late-breaking abstract on its open-label Phase 2a trial of ATI-2138, a potent and selective investigational oral covalent inhibitor of interleukin-2-inducible T ...

Core Viewpoint - Altai Resources Inc. is facing significant legal challenges and financial burdens due to a claim against the Government of Quebec regarding the expropriation of its oil and gas exploration assets in 2022, leading the company to abandon its legal representation as it deems further pursuit of justice futile [1][5]. Group 1: Legal Proceedings - The company filed a claim in the Superior Court of Quebec in 2022 against the Ministry of Energy and Natural Resources and the Attorney General of Quebec for compensatory damages due to expropriation [1]. - Progress in the legal proceedings has been significantly delayed since the company's case was joined with other similar actions, with no hearing date set for the first phase [2]. - The company proposed advancing certain test cases to streamline the process, but this approach was rejected by the defendants, leading to concerns about escalating legal costs [3]. Group 2: Financial Implications - The company has incurred considerable legal costs and is facing a motion from the defendants seeking security for costs amounting to $250,000, which could further strain its financial resources [4]. - The company believes that the ongoing litigation and the defendants' tactics will continue to impose a crippling financial burden, prompting the decision to abandon legal representation to protect its working capital [5]. Group 3: Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [6].

Core Points - Altai Resources Inc. has announced a special cash distribution of $0.06 per common share, totaling approximately $3.4 million, following shareholder approval for a reduction of the stated capital account [1][2] - The special cash distribution will be paid to holders of common shares recorded by October 2, 2025, with payment scheduled for October 9, 2025 [2] - The common shares will trade on a "due bill" basis starting October 3, 2025, and will trade "ex-distribution" from October 10, 2025 [2] Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [3]

Group 1 - Altai Resources Inc. announced that shareholders approved a special resolution for a reduction of the stated capital account of the common shares by up to a maximum cumulative total amount of $4,000,000 [1] - Approximately 96.4% of the votes cast at the special meeting were in favor of the Stated Capital Reduction Resolution [1] - The purpose of the capital reduction is to distribute the approved amount to holders of common shares through one or more special cash distributions [1] Group 2 - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [2]

Group 1 - Altai Resources Inc. has sold its 50% working interest in the Malartic Gold Property in Quebec to Globex Mining Enterprises Inc. for a cash consideration of $142,000 [1] - The sale price represents a premium of $18,289, approximately 15%, over the carrying value of the property as per the latest interim financial statements [1] Group 2 - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [2]