-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FU4NggmNTtgDlsrJZJrOcbAktFCsYS1Gg7y4DaIkF7lAfBq2XAw/L6oHy8oDN5Vg baxxYYb1NZBqIumDS/Ts6A== 0000950128-05-000120.txt : 20050429 0000950128-05-000120.hdr.sgml : 20050429 20050429172727 ACCESSION NUMBER: 0000950128-05-000120 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050429 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050429 DATE AS OF CHANGE: 20050429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLEGHENY TECHNOLOGIES INC CENTRAL INDEX KEY: 0001018963 STANDARD INDUSTRIAL CLASSIFICATION: STEEL PIPE & TUBES [3317] IRS NUMBER: 251792394 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12001 FILM NUMBER: 05787584 BUSINESS ADDRESS: STREET 1: 1000 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4123942800 MAIL ADDRESS: STREET 1: 100 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGHENY TELEDYNE INC DATE OF NAME CHANGE: 19960716 8-K 1 j1372201e8vk.txt ALLEGHENY TECHNOLOGIES UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) April 29, 2005 Allegheny Technologies Incorporated ----------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware ----------------------------------------------------- (State or Other Jurisdiction of Incorporation 1-12001 25-1792394 ------------------------ --------------------------------- (Commission File Number) (IRS Employer Identification No.) 1000 PPG Place, Pittsburgh, Pennsylvania 15222-5479 ---------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) (412) 394-2800 ------------------------------------------------------------------ (Registrant's Telephone Number, Including Area Code) N/A ------------------------------------------------------------------------------ (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 (see General Instruction A.2. below): [ ] 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 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION (a) On April 29, 2005, Allegheny Technologies Incorporated issued a press release with respect to an unfavorable judgment issued in a case involving the Company's Metalworking Products business, which the Company plans to appeal. As a result of this decision, Allegheny Technologies will reduce its first quarter 2005 net income by $5.3 million, or $0.05 per share, to $61.0 million, or $0.61 per share. This adjustment will be reflected in ATI's first quarter 2005 Form 10-Q. A copy of this press release is attached as Exhibit 99.1 and is being furnished, not filed, under Item 2.02 of this Current Report on Form 8-K. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits Exhibit 99.1 Press release dated April 29, 2005 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. ALLEGHENY TECHNOLOGIES INCORPORATED By: /s/ Jon D. Walton ----------------------------------------- Jon D. Walton Executive Vice President, Human Resources, Chief Legal and Compliance Officer Dated: April 29, 2005 EXHIBIT INDEX Exhibit 99.1 Press Release dated April 29, 2005 (filed herewith). EX-99.1 2 j1372201exv99w1.txt EXHIBIT 99.1 Exhibit 99.1 Allegheny Technologies NEWS RELEASE Contact: Dan L. Greenfield 412-394-3004 ATI METALWORKING PRODUCTS RECEIVES UNFAVORABLE JUDGMENT Pittsburgh, PA, April 29, 2005 - Allegheny Technologies Incorporated (NYSE:ATI) announced that it learned today that an unfavorable judgment has been issued in a case involving the Company's Metalworking Products business. The case relates to a disputed tantalum graded powder raw material supply arrangement in late 2000. As a result of this decision, Allegheny Technologies will reduce its first quarter 2005 net income by $5.3 million, or $0.05 per share, to $61.0 million, or $0.61 per share. This adjustment will be reflected in ATI's first quarter Form 10-Q. "We are surprised and extremely disappointed with this decision and plan to appeal," said Jon D. Walton, Executive Vice President, Human Resources, Chief Legal and Compliance Officer and General Counsel of Allegheny Technologies. Allegheny Technologies Incorporated (NYSE: ATI) is one of the largest and most diversified specialty materials producers in the world, with revenues of approximately $2.7 billion during 2004. The Company has approximately 9,000 full-time employees world-wide who use innovative technologies and advanced research and development to offer growing global markets a wide range of specialty materials solutions. High-value products include nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steels, super stainless steel, exotic alloys, which include zirconium, hafnium and niobium, tungsten materials, and highly engineered strip and Precision Rolled Strip(R) products. In addition, we produce commodity specialty materials such as stainless steel sheet and plate, silicon and tool steels, and forgings and castings. The Allegheny Technologies website can be found at www.alleghenytechnologies.com. ### -----END PRIVACY-ENHANCED MESSAGE-----