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Stock Market & Financial Investment News

News Breaks
July 29, 2014
08:56 EDTGTIGrafTech evaluating structure of Industrial Materials, Engineered Solutions
The company is reevaluating its business structure of the Industrial Materials and Engineered Solutions segments and the ongoing needs to support those businesses. The company expects to complete this assessment over the next quarter. Anticipated actions under consideration include a combination of layoffs, attrition, early retirement, reduced contractor costs and other cost savings initiatives designed to simplify work processes and drive greater accountability.
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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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