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Carpenter Technology Promotes Brian Malloy To COO

RTTNews | 616 days ago

Carpenter Technology Promotes Brian Malloy To COO

(RTTNews) - Carpenter Technology Corp. (CRS) announced Tuesday Brian Malloy has been named Senior Vice President and Chief Operating Officer, effective December 4, 2023. He will continue to report directly to Tony Thene, President and Chief Executive Officer.

In this position, Malloy will expand his responsibilities and oversee the operations of Carpenter Technology's Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP) business segments.

Malloy currently serves as Senior Vice President and Group President of the SAO business segment. He joined Carpenter Technology in 2015 and previously served as Senior Vice President and Group President of the PEP business, as well as Senior Vice President and Chief Commercial Officer.

Additionally, David Graf, Vice President and Group President of the PEP business segment, will be leaving the Company to pursue other opportunities.

Tags: CRS

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Carpenter Technology Q1 Adj. EPS Tops Estimates, But Revenues Miss

Carpenter Technology Q1 Adj. EPS Tops Estimates, But Revenues Miss

Carpenter Technology Corp. (CRS) reported Thursday that net income for the first quarter surged to $84.8 million or $1.67 per share from $43.9 million or $0.88 per share in the prior-year quarter.

RTTNews | 285 days ago

Carpenter Technology Q2 Earnings Meets Estimates

Carpenter Technology Q2 Earnings Meets Estimates

Carpenter Technology Corp. (CRS) reported Thursday that net income for the second quarter soared to $42.7 million or $0.85 per share from $6.2 million or $0.13 per share in the prior-year quarter.

RTTNews | 558 days ago

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.

RTTNews | 18 minutes ago

U.S. Trade Deficit Narrows Slightly More Than Expected In June

U.S. Trade Deficit Narrows Slightly More Than Expected In June

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.

RTTNews | 1h 23min ago

Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.

RTTNews | 1h 25min ago

Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.

RTTNews | 1h 37min ago

FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.

RTTNews | 2h 5min ago

Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.

RTTNews | 2h 16min ago

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