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Hot Stocks
Ampco-Pittsburgh falls -9.7% » 09:47
07/21/22
07/21
09:47
07/21/22
09:47
AP

Ampco-Pittsburgh

$4.36 /

-0.09 (-2.02%)

Ampco-Pittsburgh is down…

Ampco-Pittsburgh is down -9.7%, or -43c to $4.00.

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AP Ampco-Pittsburgh
$4.36 /

-0.09 (-2.02%)

Over a quarter ago
Hot Stocks
Ampco-Pittsburgh explores financing alternatives » 07:43
03/30/22
03/30
07:43
03/30/22
07:43
AP

Ampco-Pittsburgh

$6.35 /

-0.07 (-1.09%)

Ampco-Pittsburgh…

Ampco-Pittsburgh announced that it is exploring the possibility of obtaining incremental capital. The corporation is considering, among other alternatives for equity financing, amending its outstanding Series A warrants to adjust either, or both of, the exercise price or the number of shares of the corporation's common stock for which such Series A warrants may be exercised. Ampco-Pittsburgh intends to test the waters to evaluate potential forms of financing to help fund working capital growth opportunities, address rising inflation and work to complete its capital expenditure modernization program.

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AP Ampco-Pittsburgh
$6.35 /

-0.07 (-1.09%)

Hot Stocks
Ampco-Pittsburgh subsidiary wins $22M contract » 16:32
11/29/21
11/29
16:32
11/29/21
16:32
AP

Ampco-Pittsburgh

$5.05 /

+0.11 (+2.23%)

Ampco-Pittsburgh…

Ampco-Pittsburgh Corporation announced that the Buffalo Pumps Division of Air & Liquid Systems Corporation, a wholly-owned subsidiary of the corporation, has been selected by Fincantieri Marinette Marine to supply centrifugal pumps to be used in the construction of first-in-class, guided-missile frigates for the U.S. Navy. Under the contract, Buffalo Pumps will provide centrifugal pumps for nine onboard services, including seawater cooling, circulation pumps, and titanium fire pumps. The contract term covers six years and has a ceiling value of $22M if all options and award terms are exercised. Shipments are expected to begin in late 2022.

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AP Ampco-Pittsburgh
$5.05 /

+0.11 (+2.23%)

Hot Stocks
Ampco-Pittsburgh subsidiaries to boost price on forged, cast rolls » 16:53
11/03/21
11/03
16:53
11/03/21
16:53
AP

Ampco-Pittsburgh

$5.39 /

+0.13 (+2.47%)

Ampco-Pittsburgh…

Ampco-Pittsburgh Corporation announced that its subsidiary, Union Electric Steel Corporation, will raise prices on forged and cast roll products that it and its subsidiaries produce globally. This increase is effective immediately on all orders. The price adjustments are driven by continued upward pricing pressures on the cost of raw materials, natural gas, electricity, transportation, labor, and other consumables, increasing production costs due to growing product demand, and other global supply chain factors. Consequently, Union Electric Steel will increase its pricing levels on forged and cast rolls products by 8-12%, depending on contractual energy surcharge coverages currently in place. Commenting on the announcement, Skip Reinert, Vice President of Sales and Marketing, stated, "As the overall metal industry has ramped activity, manufacturing and supply chain costs, including natural gas, labor, and transportation, continue to increase dramatically. Additionally, our business continues to be impacted by the increasing costs of key raw materials. This price adjustment is necessary to maintain a reliable supply of superior-quality products for our customers."

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AP Ampco-Pittsburgh
$5.39 /

+0.13 (+2.47%)

Hot Stocks
Ampco-Pittsburgh unit to raise prices on forged engineered products » 16:33
10/25/21
10/25
16:33
10/25/21
16:33
AP

Ampco-Pittsburgh

$4.87 /

+0.07 (+1.46%)

Ampco-Pittsburgh…

Ampco-Pittsburgh announced that its subsidiary, Union Electric Steel Corporation, will raise prices on its forged engineered products. This increase is effective mmediately on all new orders received as of October 25, 2021, or as relevant contract terms permit. The Corporation will also implement an alloy and energy surcharge on all orders shipping on or after January 1, 2022. The price adjustments are driven by upward pricing pressures on the cost of raw materials, natural gas, electricity, transportation, and other consumables, increasing production costs due to growing product demand, and other global supply chain factors. Consequently, Union Electric Steel is increasing its pricing levels by approximately 12-18% for all forged engineered product lines worldwide.

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AP Ampco-Pittsburgh
$4.87 /

+0.07 (+1.46%)

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