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Ampco-Pittsburgh (AP) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Ampco-Pittsburgh Corporation (American Metal Products Company) is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. [3] It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based ...
Pittsburgh was chosen to hold the 2009 G-20 summit for multiple reasons. Pittsburgh utilizes its past by building on previous successes in manufacturing, business services, and green energy. "Pittsburgh manufacturers employ almost 100,000 workers and the region is the second-largest market in the United States for metals industry employment."
Over the past few years, the steel industry has suffered as a lack of demand and increased supply has put pressure on prices. Ampco-Pittsburgh is well positioned to ride out the current storm, and ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The ...
Edgar Thomson Steel Works in the mid-1990s. The Edgar Thomson Steel Works is a steel mill in the Pittsburgh area communities of Braddock and North Braddock, Pennsylvania. It has been active since 1875. It is currently owned by U.S. Steel and is known as Mon Valley Works – Edgar Thomson Plant.
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, cold-rolled steel equipment producer Ampco-Pittsburgh (NYS ...
Nippon's $14.9 billion bid in late 2023 represented a nearly 40% premium to U.S. Steel's share price at the time. Most recently, President Biden blocked Nippon's $55-per-share cash bid on national ...