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...Donald Trump on Monday said his administration would begin co-operating with Joe Biden’s transition team, bowing to Republican pressure to start the transfer of power even as the president vowed to continue...
...Mr Trump’s years of promoting fossil fuels would yield to a focus on international co-operation and the battle against emissions....
...Allegheny Technologies, a speciality metals company that is one of the largest 737 Max suppliers, also announced results on Tuesday but said the production slowdown would have “no impact” on its results...
...“Buck up” — they sing — “ ‘cos life sucks — and guess what? — it ain’t gonna change.” West Virginia. Here we are, with the Allegheny mountains towering over us like a team of rangy basketball players....
...The company co-operated with Alcoa in 2008 to buy a stake in Australian miner Rio Tinto, thereby blocking Rio’s merger with fellow Australian miner BHP Billiton....
...The justice department said a unit of the People’s Liberation Army in Shanghai had targeted Alcoa, Allegheny Technologies, SolarWorld, US Steel and Westinghouse Electric, as well as the United Steelworkers...
...… Altoona grew up around the spot where engineers at the Pennsylvania Railroad found a way across the Allegheny Mountains....
...The area has been led by Allegheny Technologies , which is up 15.7 per cent in September thanks to the sale of its tungsten materials business for $605m....
...Shares in Allegheny Technologies dropped 1.6 per cent to $29.82, while United States Steel lost 1.3 per cent to $20.05....
...Indeed, long cycles and production delays have given companies such as Allegheny Technologies, which makes metals for the aerospace industry, plenty of time to expand its capacity....
...Metals producer Allegheny Technologies Inc was up 7.4 per cent to $41.62 and oil and gas explorer QEP Resources jumped 6.2 per cent to $29.58....
...Elsewhere in the materials sector, Freeport-McMoRan, the largest copper miner by market capitalisation, was up 2.3 per cent to $51.62 while Allegheny Technologies rose 4.3 per cent to $64.29....
...Allegheny Technology , the speciality metal manufacturer, added 11.8 per cent to $65.29 after reporting strong fourth-quarter earnings....
...In the materials sector, Allegheny Technologies, the speciality metal manufacturer, rose 5.4 per cent to $60.97 while AK Steel Holding was up 0.5 to $14.93....
...The gains came despite the fact that the company’s reporting a fall in profits as it booked costs related to its $4.7bn purchase of Allegheny Energy in February....
...That lifted the iron and steel sector by 2.6 per cent, with Allegheny Technology , the speciality metal manufacturer, adding 1 per cent to $69.16....
...shares in metals companies, with Alcoa, aluminium producer, gaining 0.6 per cent to $11.66, Cliffs Natural Resources, an iron ore producer, advancing 4.1 per cent to $62.46 and speciality metal manufacturer Allegheny...
...Allegheny Energy jumped 12 per cent to $23.55 after FirstEnergy agreed to buy the power company for $4.7bn....
...The graveyard shift – from midnight to 8am – as a security guard at the Allegheny County Community College helped pay for post-graduate education....
...Meanwhile, Allegheny Technologies, dropped 5.4 per cent to $36.87, after the specialty-metals producer was downgraded to underweight from neutral by JPMorgan Chase....
...Allegheny Technologies, a speciality metals producer that supplies titanium to Boeing, fell 8.4 per cent to $34.81 after third-quarter income and sales missed estimates....
...Nestled at the confluence of the Allegheny, Ohio and Monongahela rivers, on land rich in coal and other resources, Pittsburgh still boasts the attributes that pulled the US into the industrial age and forged...
...The utilities sector was the heaviest faller on the S&P, led lower by Allegheny Energy, which lost 4.9 per cent to $24.50 after the company reported slightly lower profit than expected....
...Allegheny Energy rose after Barclays raised the utility company to “overweight” from “equal weight”, saying it may benefit from an auction for Pennsylvania power prices....
...Allegheny Energy was the biggest riser on the S&P, after Barclays raised the utility company to “overweight” from “equal weight”, saying the company may benefit from an auction for Pennsylvania power prices...
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