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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

STEEL

Allegheny Tech swings to a profit

The steel maker earned 35 cents a share profit in Q4, topping views by a penny. Sales rose 61% to $778 mil. High-performance metal sales climbed 52% to $230.4 mil. Flat-rolled product sales rose 75%. Allegheny Technologies sees base prices in '05 rising above '04 levels for about 95% of shipments in both categories. Shares rose 8% to 24.

MEDICAL

Wyeth growth falls short of views

The drug maker earned 64 cents a share ex items, 4 cents over a year ago, but 3 cents ...

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