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Stock Market & Financial Investment News

News Breaks
March 20, 2014
18:16 EDTGTIGrafTech fails to settle with Daniel and Nathan Milikowsky Group
GrafTech International announced that, in an effort to reach a mutually agreeable resolution that would benefit all stockholders and avoid a potentially costly and distracting proxy contest, it has made two separate settlement offers to the Daniel and Nathan Milikowsky Group. The Daniel and Nathan Milikowsky Group, which has nominated five directors to stand for election to the company’s existing seven person board to take control of the company at the May 15 annual meeting, has rejected both offers.
News For GTI From The Last 14 Days
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October 9, 2014
07:54 EDTGTIGrafTech valuation offers 'exceptional' opportunity, says Jefferies
Jefferies believes current valuation levels offer an "exceptional" buying opportunity into shares of GrafTech. The firm lowered its price target for shares to $11 from $13.50 to account for the company's guidance cut, but points out its channel checks indicate the electrode market has bottomed. Jefferies sees "considerable" upside as the market improves and keeps a Buy rating on GrafTech.

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