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Local earnings: Range Resources , MSA Safety, RTI International Metals, II-VI
2015-04-29 06:13:14| Industrial Machines - Topix.net
Range Resources reported earnings of $27.7 million, or 16 cents per share, during the first quarter of 2015, a 15 percent drop compared to $32.5 million, or 20 cents per share, during the year-ago quarter. Production jumped 26 percent year-over-year to reach an average of 1,328 million cubic feet equivalent per day.
Tags: international
local
range
resources
RTI sales, profit up in 1Q ahead of Alcoa merger
2015-04-28 17:41:21| Industrial Machines - Topix.net
On Tuesday, the Pittsburgh-based company reported net income of $4.5 million, or 15 cents per share, for the three-month period ending March 31. This compares with a loss of $4.2 million, or 13 cents per share, in the first quarter of 2014. Sales for the quarter were $198.5 million, which compares with sales of $174.5 million in the same period a year ago, driven by increases in commercial aerospace and medical device market volumes.
Tags: sales
profit
ahead
merger
Metals producer RTI posts first-quarter profit
2015-04-28 15:36:56| Industrial Machines - Topix.net
RTI International Metals today reported a first-quarter profit, reversing a year-ago loss as the Moon titanium producer benefited from strong demand from aerospace and medical industry customers. The company reported net income of $4.5 million, or 15 cents per share, vs. a loss of $4.2 million, or 14 cents per share, in the year-ago quarter.
Tags: posts
profit
producer
metals
RTI Laboratories Awarded Multi-Year Navy Contract
2015-04-27 12:31:09| Industrial Newsroom - All News for Today
Military Sealift Command: Failure Analysis Livonia, Michigan - Materials Testing Division of RTI Laboratories, Inc. has won a five-year contract with a potential total value exceeding $1M from US Navy Military Sealift Command to perform failure analysis for MSC ships. This award demonstrates our strength and...
Tags: contract
awarded
navy
laboratories
Len Boselovic's Heard off the Street: RTI demanded better deal...
2015-04-12 06:36:29| Industrial Machines - Topix.net
Alcoa's plan to invigorate its aerospace business by acquiring RTI International Metals, a Moon titanium producer, began with a Dec. 8 phone call from Alcoa Chairman and CEO Klaus Kleinfeld to Robert Hernandez, chairman of RTI's board. According to a lengthy document Alcoa filed last week with the U.S. Securities and Exchange Commission, what followed was a series of back-and-forth negotiations that culminated March 9, when the two metals producers announced a merger agreement that valued RTI at $1.5 billion.
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