Last $18.34 USD
Change Today -0.20 / -1.08%
Volume 11.2K
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As of 3:11 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

ampco-pittsburgh corp (AP) Key Developments

Ampco-Pittsburgh Corporation Announces Management Changes, Effective January 1, 2015

Ampco-Pittsburgh Corporation announced that appointed John S. Stanik as Chief Executive Officer and also as a Director, effective January 1, 2015. Mr. Stanik will succeed Robert A. Paul as the Company’s Chief Executive Officer upon Mr. Paul’s retirement effective December 31, 2014. Mr. Paul will remain on the Company’s Board of Directors and serve as its non-executive Chairman of the Board. Mr. Stanik worked at Calgon Carbon Corporation from 1991 through 2012 when he retired for personal reasons. He served as President and CEO of Calgon from 2003 to 2012 and became its Chairman of the Board in 2007. Prior to joining Calgon, Mr. Stanik worked in various capacities with increasing responsibility for Davy Corporation, ultimately serving as Davy’s General Manager of Operations.

Ampco-Pittsburgh Corporation Announces Regular Quarterly Dividend, Payable on January 30, 2015

Ampco-Pittsburgh Corporation announced the declaration of a regular quarterly dividend of $0.18 per share on the common stock of the Corporation. The dividend will be paid on January 30, 2015 to shareholders of record on January 15, 2015.

Ampco-Pittsburgh Corporation Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Ampco-Pittsburgh Corporation announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported sales of $65,409,000 against $64,433,000 a year ago. Income from operations was $42,000,000 against $20,777,000 a year ago. Loss before income taxes was $376,000 against income before income taxes of $20,212,000 a year ago. Net loss was $343,000 or $0.03 per diluted share against net income of $12,705,000 or $1.22 per diluted share a year ago. For the nine months, the company reported sales of $198,270,000 against $203,995,000 a year ago. Income from operations was $2,837,000 against $24,879,000 a year ago. Income before income taxes was $2,449,000 against $23,210,000 a year ago. Net income was $856,000 or $0.08 per diluted share against $13,937,000 or $1.34 per diluted share a year ago.

Ampco-Pittsburgh Corporation Announces Regular Quarterly Dividend, Payable on October 31, 2014

Ampco-Pittsburgh Corporation announced the declaration of a regular quarterly dividend of $0.18 per share on the common stock of the Corporation. The dividend will be paid on October 31, 2014 to shareholders of record on October 15, 2014.

Ampco-Pittsburgh Corp. Reports Earnings Results for the Second Quarter Ended Six Months Ended June 30, 2014

Ampco-Pittsburgh Corp. reported earnings results for the second quarter ended six months ended June 30, 2014. For the quarter, the company reported sales of $69,949,000 against $69,938,000 a year ago. Income from operations was $2,018,000 against $2,391,000 a year ago. Income before income taxes was $1,930,000 against $1,931,000 a year ago. Net income was $1,121,000 against $1,106,000 a year ago. Diluted earnings per share were $0.11 against $0.11 a year ago. For the six months, the company reported sales of $132,862,000 against $139,562,000 a year ago. Income from operations was $2,795,000 against $4,102,000 a year ago. Income before income taxes was $2,825,000 against $2,998,000 a year ago. Net income was $1,199,000 against $1,232,000 a year ago. Diluted earnings per share were $0.12 against $0.12 a year ago.

 

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