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Lanxess Divests its High-Performance Materials Business Unit

Lanxess has decided to divest its High-Performance Materials Business Unit to an independent legal corporate structure. The unit is claimed to be one of the leading suppliers of high-performance plastics which are used in the automotive, electrical and electronics industries. In the backgr...
Hubert Fink Legally Independent Lanxess Divests High Performance Materials Business Unit High Performance Materials

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United Steelworkers ratify new, 4-year contract with ATI, ending strike

  TribLIVEs Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Members of the United Steelworkers ratified a new, four-year contract with Allegheny Technologies, Inc., the specialty steelmaker announced Tuesday night. The agreement ends a strike by 1,300 union members at nine ATI locations that began March 30. ATI employees will begin returning to their jobs the week of July 19, with production ramping in the weeks ahead, the company sai...
United States Kim Fields Tim Conway David Mccall Alloys Solutions Allegheny Technologies Inc

ATI announces $7.9M 1st quarter loss as USW strike continues

Tribune-Review   TribLIVEs Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Allegheny Technologies Inc. reported a $7.9 million loss in the first quarter of 2021, but the company said it anticipates demand for its jet engine products will increase as air travel recovers from the covid pandemic. “Our first-quarter financial results exceeded expectations, benefiting from the ongoing modest recovery in jet engine production, our aggres...
Roberts Wetherbee Alloys Solutions Allegheny Technologies Inc Allegheny Technologies United Steelworkers Rolled Products

LANXESS (LNXSF) was Upgraded to a Buy Rating at Kepler Capital

Markets LANXESS (LNXSF – Research Report) received a Buy rating and a EUR78.00 price target from Kepler Capital analyst Martin Roediger on April 23. The company’s shares closed last Wednesday at $73.56. According to TipRanks.com, Roediger is a 4-star analyst with an average return of 10.2% and a 59.8% success rate. Roediger covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, Clariant AG, and Linde. LANXESS has an analyst consensus of Moderate Buy, with a price ...
Research Report Kepler Capital Martin Roediger Basic Materials Wacker Chemie Moderate Buy
Source: markets.co

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