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Technology Stocks : Thiokol now Cordant Techologies (CDD)

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To: HairyWho? who wrote (64)5/5/1998 9:10:00 AM
From: Carmine Cammarosano  Read Replies (1) of 127
 
OGDEN, Utah, May 5 /PRNewswire/ -- Thiokol Corporation (NYSE: TKC) today announced that its Board of Directors has approved a change of its corporate name to Cordant Technologies Inc. Effective May 7th, the company's new stock symbol on the New York Stock Exchange will be CDD. The new identity reflects the company's broadened business portfolio consisting of three market-leading businesses:

-- Thiokol Propulsion -- the world's leader in solid rocket propulsion systems.
-- Howmet International -- a world leader in investment cast parts for aerospace and commercial applications. Cordant Technologies owns 62 percent of Howmet.
-- Huck International -- a leader in aerospace and transportation fastening systems.
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