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Gold/Mining/Energy : Titanium Metals Corp (TIE) -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (22)1/19/1998 8:10:00 PM
From: Grommit  Respond to of 229
 
Ignore this.

(I just noticed that this is old news.)

RTI announced increased earnings.

biz.yahoo.com
Here's a clip:

RMI's 1997 results were aided by revenue and earnings growth in all areas... The principal business driver in 1997, as well as in 1996, was the strength of demand from the commercial aerospace market which resulted in increased shipments and prices of RMI's titanium products. RMI's sales in 1997 increased to $318.5 million, 27% over the $251.4 million recorded in 1996. Exclusive of the tax credits noted above, earnings represented a gain of 76% over 1996. The Company's order backlog grew by 17% over the same period.