UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) |
December 17, 2009 |
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Allegheny Technologies Incorporated |
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(Exact name of registrant as specified in its charter) |
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Delaware |
1-12001 |
25-1792394 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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1000 Six PPG Place, Pittsburgh, Pennsylvania |
15222-5479 |
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(Address of principal executive offices) |
(Zip Code) |
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Registrant’s telephone number, including area code |
(412) 394-2800 |
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N/A |
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(Former name or former address, if changed since last report). |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On December 17, 2009, Allegheny Technologies Incorporated issued a press release updating its fourth quarter 2009 earnings outlook. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 99.1 Press release dated December 17, 2009.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ALLEGHENY TECHNOLOGIES INCORPORATED |
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By: |
/s/ Jon D. Walton |
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Jon D. Walton |
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Executive Vice President, Human Resources, |
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Chief Legal and Compliance Officer |
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Dated: |
December 17, 2009 |
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EXHIBIT INDEX
| Exhibit No. | Description | |
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Exhibit 99.1 |
Press release dated December 17, 2009. |
Exhibit 99.1
Allegheny Technologies Updates Fourth Quarter 2009 Outlook
PITTSBURGH--(BUSINESS WIRE)--December 17, 2009--Allegheny Technologies Incorporated (NYSE:ATI) expects fourth quarter 2009 earnings to be in the range of $0.20 to $0.25 per share. ATI had previously said that it expected fourth quarter 2009 earnings to be similar to the $0.01 per share earned in the third quarter 2009.
“ATI will be profitable in 2009,” said L. Patrick Hassey, Chairman, President and Chief Executive Officer. “Each of our three segments is seeing some improvement. Fourth quarter 2009 performance is benefiting from better volume, pricing, and mix for certain products, lower raw materials costs, and our improved cost structure. In addition, we have been growing our position with key customers, and we are expanding our product, market, and global diversification.”
ATI plans to release fourth quarter and full-year 2009 earnings on January 27, 2010, before the market opens. ATI will provide live Internet listening access to its conference call with investors and analysts at 1 p.m. ET on January 27, 2010. The conference call will be broadcast at www.alleghehenytechnologies.com .
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or achievements to materially differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Allegheny Technologies' filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
Building the World’s Best Specialty Metals Company™
Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of $5.3 billion during 2008. ATI has approximately 8,500 full-time employees world-wide who use innovative technologies to offer global markets a wide range of specialty metals solutions. Our major markets are aerospace and defense, chemical process industry/oil and gas, electrical energy, medical, automotive, food equipment and appliance, machine and cutting tools, and construction and mining. Our products include titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, and forgings and castings. The Allegheny Technologies website is www.alleghenytechnologies.com .
CONTACT:
Allegheny Technologies Incorporated
Dan L. Greenfield,
412-394-3004
www.AlleghenyTechnologies.com