Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
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Alcoa invests $100M in plants
...Alcoa Canada said Tuesday it will invest $100 million to upgrade its four Quebec plants this year and keep them in shape to handle growing demand for aluminum. The amount excludes the $1.2-billion multi-year modernization of its main Baie Comeau smelter due for completion in 2015...
Steel Guru : Maaden and Alcoa ink deal worth USD 590 million with <b>...</b>
... a bauxite mine and an alumina refinery is set to start by 2014. ... When Maaden and Alcoa first announced the project they said the mill ...
Alcoa on Track for a Bumper Year
...Alcoa (NYSE:AA) recently announced its performance for the first quarter of 2011. [1] Based on these figures, we have updated our price estimate to $17 from the earlier value of $17.68. While the increase in aluminium prices and divisional shipment figures have been close to the values we...
Alcoa Broke Support
...Shares of Alcoa, Inc. (NYSE:AA) closed the trading session at $16.13 below calculated support at $16.38 breaking the stock technically, raising concerns by investors, as the move might trigger more selling...
Alcoa Broke Support
...Shares of Alcoa, Inc. (NYSE:AA) closed the trading session at $16.13 below calculated support at $16.38 breaking the stock technically, raising concerns by investors, as the move might trigger more selling...
Alcoa Broke Support
...Shares of Alcoa, Inc. (NYSE:AA) closed the trading session at $16.13 below calculated support at $16.38 breaking the stock technically, raising concerns by investors, as the move might trigger more selling...
Alcoa invests $100 million in Quebec plants
...Alcoa Canada said Tuesday it will invest $100 million to upgrade its four Quebec plants this year and keep them in shape to handle growing demand for aluminum...
Workers at southern Alberta Alcoa-owned plant say they will strike Thursday
...The union representing more than 200 workers at a plant in southern Alberta have served strike notice. Canadian Auto Workers union Local 99 represents 218 workers at Kawneer Manufacturing, a division of Alcoa, in Lethbridge, Alta...
Aluminum price boosts Alcoa ratings
...Home > News > United States Aluminum price boosts Alcoa ratings Monday, Apr 18, 2011 ??:3 Trade activity this week showed that Alcoa with its credit rating one step away from junk levels is winning over bond investors by extending its debt maturities and increasing revenue as aluminum prices...
Aluminum price boosts Alcoa ratings
...Home > News > United States Aluminum price boosts Alcoa ratings Monday, Apr 18, 2011 ??:3 Trade activity this week showed that Alcoa with its credit rating one step away from junk levels is winning over bond investors by extending its debt maturities and increasing revenue as aluminum prices...
Alcoa will buy back debt with cash tender offer expiring May 12
...Alcoa Inc. issued two new tender offers to buy back its debt and enhance the maturity profile of its debt load. The aluminum mining and processing company said Wednesday that it will offer to buy back with cash all of its 5.375 percent notes due in 2013 and up to $400 million worth of its...
Alcoa will buy back debt with cash tender offer expiring May 12
...Alcoa Inc. issued two new tender offers to buy back its debt and enhance the maturity profile of its debt load. The aluminum mining and processing company said Wednesday that it will offer to buy back with cash all of its 5.375 percent notes due in 2013 and up to $400 million worth of its...
Alcoa prices $1.25 billion in notes due 2021
...Alcoa Inc. on Wednesday said it will sell $1.25 billion in debt, and use the proceeds to buy back notes that come due eight years earlier. The Pittsburgh-based aluminum mining and processing company said it expects net proceeds of more than $1.24 billion from the sale of 5.40 percent notes due...
Alcoa prices $1.25 billion in notes due 2021
...Alcoa Inc. on Wednesday said it will sell $1.25 billion in debt, and use the proceeds to buy back notes that come due eight years earlier. The Pittsburgh-based aluminum mining and processing company said it expects net proceeds of more than $1.24 billion from the sale of 5.40 percent notes due...
Alcoa prices $1.25 billion in notes due 2021
...Alcoa Inc. on Wednesday said it will sell $1.25 billion in debt, and use the proceeds to buy back notes that come due eight years earlier. The Pittsburgh-based aluminum mining and processing company said it expects net proceeds of more than $1.24 billion from the sale of 5.40 percent notes due...
Alcoa profits up but sales disappoint
...Revenue in the quarter rose 22% to $5.96 billion, helped by rising prices for aluminium and alumina - the raw material for the metal - but this lagged the Wall Street forecast of $6.08 billion...
Alcoa profits up but sales disappoint
...Revenue in the quarter rose 22% to $5.96 billion, helped by rising prices for aluminium and alumina - the raw material for the metal - but this lagged the Wall Street forecast of $6.08 billion...
Aluminum ETFs Follow Alcoa Lower After Results
...Exchange traded products that invest in aluminum followed Alcoa shares lower Tuesday morning after the Dow component reported quarterly results that disappointed Wall Street. Alcoa said it swung to a profit in the first quarter as aluminum prices rose, but traders punished the stock and Alcoa...
