ATI earnings view brightens, shares up

Dec 17, 2009 | 10:37 AM | Maria Guzzo

Allegheny Technologies Inc. (ATI) has boosted its earnings expectations for the fourth quarter and full year as a result of a recent business uptick.

The Pittsburgh-based company said it expects fourth-quarter 2009 earnings to be in the range of 20 to 25 cents per share. It previously said it expected fourth-quarter 2009 earnings to be similar to the 1 cent per share earned in the third quarter this year. ATI also expects to turn a profit for the year, though specific figures weren't....





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