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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Daniel Cruise, Vice President Government and Public Affairs, Promoted to Alcoa's Executive Council
Alcoa announced today that as a result of the increasing impact of the Government and Public Affairs function on Alcoa's business, Daniel Cruise will join Alcoa's Executive Council, the Company's senior leadership group that sets strategic direction, and report to Alcoa Chairman and CEO Klaus...
P&F Descending Triple Bottom Breakout – AA, ACH
Alcoa Inc. (NYSE:AA) percentage change surged 0.18%, to close at $11.23 and its overall traded volume was 27.99M shares in the last trading session. AA opened at $11.78 and is trading within the range of $11.20-$11.79. The 52-week range of the stock is $9.92 – $18.47. At current market price, the...
Alcoa is Among the Companies in the Aluminum Industry With the Highest Debt To EBITDA Ratio (AA, KALU, NOR)
Below are the three companies in the Aluminum industry with the highest Debt to EBITDA ratio. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is...
Alcoa's Got Mettle
Alcoa shined Monday as investors cheered an analyst upgrade of the aluminum giant's stock. Before Monday's opening bell, Davenport & Company analyst Lloyd O'Carroll and his team upgraded Alcoa (ticker: AA) from Neutral to Buy, and established an $18 price target for the stock, which represents more...
Alcoa Kawneer and AIAS Challenge Students of Architecture and Design to Create a Stadium, Arena or Civic Center
Participants in the 2011 Student Design Competition Will Learn About Building Materials, Sustainable Design and Hurricane Resistance For the sixth consecutive year, The American Institute of Architecture Students (AIAS) and Alcoa's AA -6.12% Kawneer Company, Inc. invite students of architecture and...
Analytical Reports on Alcoa Inc. and Century Aluminum Co. - Aluminum Demand Strong in 2011
Global demand for aluminum could climb 12% this year due largely to Chinese industrialization. Growing demand has also led to a 10% uptick in aluminum prices to the benefit of the industry. Aluminum demand also has been strengthened by high copper prices and cost-conscious companies. Aluminum...
Alcoa hints at leaving S.C.
Santee Cooper’s largest customer could pull out of the Lowcountry if it doesn’t get a competitive power rate. Aluminum-maker Alcoa, one of the Charleston region’s largest employers, is renegotiating its power contract with the state-owned utility and is threatening to leave if those talks go sour,...
Alcoa: Santee Cooper's rates too high
Aluminum producer Alcoa has started negotiating with Santee Cooper over its electricity rates, saying it can’t continue to pay at the current rate. “When you look at what our rate’s been recently, it’s much too high for us for a long-term solution. We’ve got to do something different,” said Alcoa...
Alcoa Spent $590,000 on Second-Quarter Lobbying
Alcoa Inc. spent $590,000 in the second quarter to lobby Congress on issues ranging from cap-and-trade to defense appropriations, according to a recent disclosure report. From April through June, Alcoa lobbied on cap-and-trade issues such as allocation credit for early action and international...
BMO Capital Markets Analysts Upgrade Alcoa Inc. (AA) Shares to "Market Perform"
Equities research analysts at BMO Capital Markets upgraded shares of Alcoa Inc. (NYSE: AA) from an "underperform" rating to a "market perform" rating in a research note to investors on Friday.
Filled Black Candles – AA, AAP, AAV, ABM, ABT
Alcoa Inc. (NYSE:AA) gained 0.08%, to close at $12.26 and its overall traded volume was 36.12M shares in the last trading session. AA shares were trading within the range of $12.11-$12.58 while its opening price was $12.55. The stock has a 52 week range of $9.92 – $18.47. The market capitalization...
Alcoa and Aluminum Play Major Role in New EPA/NHTSA Effort To Reduce GHG Emissions and Increase Fuel Efficiency
Alcoa and the aluminum industry play a major role in the new effort to reduce GHG emissions and increase fuel efficiency for medium and heavy trucks and buses announced last week by the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration. The...
Jamalco appeals NEPA enforcement notice
ALCOA Minerals of Jamaica, Inc, (Jamalco) is appealing the enforcement notice recently served by the National Environment and Planning Agency (NEPA), following the seepage of caustic liqueur at its refinery in Halse Hall, Clarendon.
CENTURY ALUMINUM IS AMONG THE COMPANIES IN THE ALUMINUM INDUSTRY WITH THE BEST RELATIVE PERFORMANCE (CENX, AWC, NOR, ACH, AA)
The top five companies in the Aluminum industry as measured by relative performance are given below. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform. Century Aluminum (NASDAQ:CENX - Snapshot Report) ranks first with a...
Alcoa Starts Construction of Refinery at Saudi Venture
Alcoa Inc., the largest U.S. aluminum producer, said it started construction on the site of an alumina refinery in Saudi Arabia. Ceremonies were held today to mark the official groundbreaking at the refinery and the pouring of the first concrete at the aluminum rolling mill, Alcoa said in a...
Alcoa Starts Construction of Refinery at Saudi Venture
Alcoa Inc., the largest U.S. aluminum producer, said it started construction on the site of an alumina refinery in Saudi Arabia. Ceremonies were held today to mark the official groundbreaking at the refinery and the pouring of the first concrete at the aluminum rolling mill, Alcoa said in a...
Alcoa Starts Construction of Refinery at Saudi Venture
Alcoa Inc., the largest U.S. aluminum producer, said it started construction on the site of an alumina refinery in Saudi Arabia. Ceremonies were held today to mark the official groundbreaking at the refinery and the pouring of the first concrete at the aluminum rolling mill, Alcoa said in a...
Alcoa, Inc. (AA): Set To Benefit From Growing Metal Demand
Improving market prices for aluminum fuelled by demand from China and other rapidly developing economies helped drive revenues for the quarter. The company's products are segmented into 4 groups – Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. For the quarter,...
