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Allegheny Technologies Inc. (NYSE: ATI) shares declined 0.19 percent to close at $30.98 a share Tuesday. The stock traded between $30.75 and $31.50 on volume of 1.53 million shares traded. On Monday, the company announced that it has agreed to sell its tungsten materials business to Kennametal Inc. for $605 million.
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Huntsman Corporation (NYSE: HUN) shares increased 1.88 percent to close at $19.50 a share Tuesday. The stock traded between $19.40 and $20.60 on volume of 12.93 million shares traded. The company announced that it has acquired the Performance Additives and Titanium Dioxide (TiO2) businesses from Rockwood Holdings, Inc. for approximately $1.1 billion in cash. Shares of Huntsman have gained approximately 23.0 percent year-to-date.
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James River Coal Company (NASDAQ: JRCC) shares declined 1.38 percent to close at $2.15 share Tuesday. The stock traded between $2.08 and $2.16 on volume of 756,200 shares traded. The company has decided to idle coal production at several locations in Central Appalachia due to "continued weakness in the domestic and international coal markets". Shares of James River Coal have fallen approximately 33.0 percent year-to-date.
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Wi-LAN Inc. (NASDAQ: WILN) shares increased 3.70 percent to close at $3.64 a share Monday. The stock traded between $3.51 and $3.66 on volume of 119,366 shares traded. The company announced that it has entered into a patent license agreement with Alcatel-Lucent USA Inc., settling all pending patent litigations. Shares of Wi-LAN have fallen approximately 20.0 percent year-to-date.
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