Weekly Report: what happened at AP last week (0708-0712)?
Weekly Report · 10h ago
Ampco-Pittsburgh (NYSE:AP) Has No Shortage Of Debt
Ampco-Pittsburgh Corporation (NYSE:AP) has US$84.8m of debt on its balance sheet. The company's debt is a concern for shareholders, but is Ampco- Pittsburgh's debt a risk? Debt assists a business until it has trouble paying it off. The debt is based on the company's earnings before interest and tax. It has a healthy balance sheet, but its debt levels are a concern to shareholders. Amp co-pittsburgh let its EBIT decrease by 7.6% over the last year.
Simply Wall St · 2d ago
Ampco-Pittsburgh Sees Sequential Sales Growth in 2Q
Dow Jones · 4d ago
Ampco-Pittsburgh says Q2 net sales expected to be between $107M and $112M
Ampco-Pittsburgh says Q2 net sales expected to be between $107M and $112M. AP -5.69% after hours to $1.16. The company says net sales for the quarter ended June 30, 2024, is expected in the range of $107 million to $112 million.
Seeking Alpha · 4d ago
Ampco-Pittsburgh Expects Q2 EPS Of $0.05 - $0.10; Expects To File Its Q2 Report On Form 10-Q On Approximately August 12, 2024
As of July 9, 2024, the Corporation's liquidity position improved modestly compared to March 31, 2024. Net income for the quarter ended June 30, 2024 is expected to be in the range of $1.1 to $2.1 million. The company has cash on hand of approximately $8.6 million.
Benzinga · 4d ago
Ampco-Pittsburgh Expects Strong Sequential Earnings Improvement In Q2 2024 Compared To Q1 2024
Ampco-Pittsburgh says Q2 2024 earnings should improve sequentially versus Q1 2024. The company says the impact of the Sweden foundry fire in Q1 is largely behind them. Ampco says it is still experiencing excess capacity in its European cast roll business.
Benzinga · 4d ago
*Ampco-Pittsburgh Sees 2Q EPS 5c-EPS 10c >AP
Dow Jones · 4d ago
*Ampco-Pittsburgh Sees 2Q Sales $107M-$112M >AP
Dow Jones · 4d ago
Why SeaStar Medical Holding Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
SeaStar Medical Holding Corporation shares fell 34% to $8.55 on Wednesday. Virpax Pharmaceuticals, Inc. Shares jumped 139% in the mid-day session. The company entered into a $10 million registered direct offering of shares at $10.55 per share.
Benzinga · 5d ago
Why Is Zapp Electric Vehicles (ZAPP) Stock Down 25% Today?
Zapp Electric Vehicles (NASDAQ:ZAPP) stock is falling 24.7% on Wednesday morning. The electric vehicle company’s shares closed up 94.3% on Tuesday. ZAPP Electric Vehicles’ shares are falling on Wednesday despite a massive rally yesterday. stock is down 28% and Vivopower stock is up 101% in the stock market on Wednesday. We have all of the latest stock market news you need to know for Wednesday.
Investorplace · 5d ago
Why Is (LZ) Stock Down 28% Today? (NASDAQ:LZ) stock is down 28% as of Wednesday morning. The online legal services company announced changes to its leadership. The company lowered its revenue guidance for 2024 to between $675 million and $685 million. Vivopower (VVPR) and Ampco-Pittsburgh (AP) are the biggest pre-market stock movers today.
Investorplace · 5d ago
Why Is Vivopower (VVPR) Stock Up 101% Today?
Vivopower (NASDAQ:VVPR) stock is up 101% as of Wednesday morning. Vivopower has secured an extended loan financing facility agreement. The sustainable energy solutions company is up 36.4% year-to-date. More than 15 million shares of VVPR stock are changing hands on Wednesday. Find out what has shares of Ampco-Pittsburgh (NYSE:AP) up 49% in the stock market news for Wednesday.
Investorplace · 5d ago
Why Is Ampco-Pittsburgh (AP) Stock Up 49% Today?
Ampco-Pittsburgh's stock is up 49% as of Wednesday morning. Union Electric Steel secured contracts to provide initial provisioning of rolls for two mill projects. The company also updated its sales backlog to show growth in Air and Liquid Processing orders. More than 6.6 million shares of AP stock are changing hands on Wednesday.
Investorplace · 5d ago
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday
Ampco-Pittsburgh stock is rocketing more than 75% on commercial contract wins and backlog news. Vivopower shares are soaring over 54% on a new extended loan facility agreement. Seelos Therapeutics stock is surging more than 33% in pre-market trading. Biggest pre- market stock movers are new contracts and agreements.
Investorplace · 5d ago
Ampco-Pittsburgh Stock Skyrocket 70% In Pre-Market Following $11.7M Deals Secured By Subsidiary
Shares of Ampco-Pittsburgh Corporation soared nearly 70% during Wednesday's pre-market. The company's subsidiary, Union Electric Steel Corporation, secured contracts estimated at $11.7 million. The contracts include rolls for two new rolling mill projects in Mexico and Scandinavia.
Benzinga · 5d ago
Why VivoPower International Shares Are Trading Higher By Around 31%; Here Are 20 Stocks Moving Premarket
Shares of VivoPower International PLC rose sharply in today's pre-market trading. The company announced it secured an extension for a $34 million loan financing facility agreement. Ampco-Pittsburgh Corporation shares rose 72.6% to $1.32 in pre- market trading.
Benzinga · 5d ago
Ampco-Pittsburgh unit announces commercial contract wins
Ampco-Pittsburgh unit announces commercial contract wins. Air and Liquid Processing segment achieved a record level of new orders in the quarter ended June 30, 2024. The company expects to supply rolls for two new rolling mill projects under construction in the U.S.
Seeking Alpha · 5d ago
Ampco-Pittsburgh Subsidiaries Announce Commercial Contract Wins and Strong Growth in Sales Order Backlog
Ampco-Pittsburgh Corporation has been selected to supply the initial provisioning of rolls for two new rolling mill projects under construction. Union Electric Steel Corporation is a leader in the manufacture of Forge and Cast rolls for the steel and aluminum industries. The Corporation's Air and Liquid Processing segment achieved a record level of new orders in the quarter ended June 30, 2024.
Barchart · 6d ago
Uber Technologies looks for a smoother ride in Hong Kong
Hong Kong government wants to regulate online car-hailing platforms like Uber. Authorities in Hong Kong want to impose tougher penalties on illegal ride services. Shares of Uber Technologies (UBER) inched up 0.10% in Monday afternoon trading. The government is aiming for a "win-win" scenario for the transport industry.
Seeking Alpha · 07/08 18:58
Weekly Report: what happened at AP last week (0701-0705)?
Weekly Report · 07/08 09:28
Webull provides a variety of real-time AP stock news. You can receive the latest news about Ampco-Pittsburg Corp through multiple platforms. This information may help you make smarter investment decisions.
About AP
Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. The Company's segments include Forged and Cast Engineered Products (FCEP) and the Air and Liquid Processing (ALP). The FCEP segment produces forged hardened steel rolls, cast rolls and forged engineered products. Forged hardened steel rolls are used primarily in hot and cold rolling mills by producers of steel, aluminum and other metals. Cast rolls are produced in a variety of iron and steel qualities. The ALP segment includes Aerofin, Buffalo Air Handling and Buffalo Pumps, all divisions of Air & Liquid Systems Corporation, a subsidiary of the Company. Aerofin produces custom-engineered finned tube heat exchange coils and related heat transfer products for a variety of industries including original equipment manufacturer/commercial, nuclear power generation and industrial manufacturing.