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Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally.

It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.

It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Latest News >
Update: Anglo American Rejects BHP's Revised Offer
Update: Anglo American Rejects BHP's Revised Offer
May 13, 2024
09:24 AM EDT, 05/13/2024 (MT Newswires) -- (Updates attribution in first paragraph and adds details.) Anglo American rejected a revised proposal by BHP Group ( BHP ) for an all-share offer valuing the company at around 34 billion pounds ($42.67 billion), BHP said Monday. The proposal offered Anglo American shareholders 0.8132 BHP shares for each ordinary share they own, which...
EV startup Fisker to raise funds, pause production after missing interest payment (March 18)
EV startup Fisker to raise funds, pause production after missing interest payment (March 18)
May 13, 2024
March 18 (Reuters) - Fisker ( FSRN ) said on Monday it would pause production of its electric vehicles for six weeks and raise up to $150 million in funding by selling convertible notes after missing an interest payment, as the startup tries to navigate a cash crunch. The company added that none of its Ocean SUVs were produced in...
Sector Update: Consumer Stocks Gain Premarket Monday
Sector Update: Consumer Stocks Gain Premarket Monday
May 13, 2024
09:22 AM EDT, 05/13/2024 (MT Newswires) -- Consumer stocks were gaining premarket Monday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) and the Consumer Staples Select Sector SPDR Fund ( XLP ) both up 0.1%. GameStop ( GME ) shares were up past 45% after Roaring Kitty, the social media persona that sparked a massive stock rally...
Baxter International's Clinolipid Injection Approved for Expanded Use in US
Baxter International's Clinolipid Injection Approved for Expanded Use in US
May 13, 2024
09:28 AM EDT, 05/13/2024 (MT Newswires) -- Baxter International ( BAX ) said early Monday it has received expanded regulatory approval in the US for its Clinolipid injectable mixed-oil lipids emulsion for use in pediatric patients of all ages, including in preterm and newborn infants. Clinolipid has been approved by the US Food and Drug Administration since 2019 to provide...
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