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Carpenter Set to Build Free Cash Flow

2015-10-23 20:03:16| Steel - Topix.net

Carpenter Technology traded sharply higher after the company released its fiscal 2016 first-quarter earnings report, but we think the results were mixed. It really was a tale of two segments in the first quarter, as the specialty alloys operations division exceeded our expectations but the performance engineered products segment delivered disappointing results.

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