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Stock Market & Financial Investment News

News Breaks
May 9, 2014
08:07 EDTGTIGrafTech urges investors to vote for its seven director nominees
GrafTech says "The Board and management team have built an advantaged, low-cost, backward-integrated business model that is supported by a strong capital structure. The Company believes the business model has the power to deliver $500 million to $600 million in EBITDA when market demand fully recovers. Over the past five years, GrafTech’s Board and management team have implemented initiatives to improve the competitive strength of the Company during the industry’s current severe cyclical downturn and to best position GrafTech in anticipation of a recovery in the steel market. GrafTech’s Board and management team have a strong track record of value creation and a clear, winning strategy to drive long-term stockholder value. GrafTech's experienced and highly qualified Board is committed to serving the interests of ALL stockholders. Two leading independent proxy advisory firms, Glass Lewis and Egan-Jones, have recommended that GrafTech stockholders vote FOR the Company’s experienced and highly qualified nominees on the WHITE proxy card."
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.
October 7, 2014
14:46 EDTGTIApple supplier GT Advanced recovers some of yesterday's losses
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10:29 EDTGTIGT Advanced lists Apple, Airgas, GrafTech, Ultra Clean among top 30 creditors
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