Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
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Alcoa Inc. reports its first quarter earnings and conference call details
Alcoa Inc. (NYSE:AA) reported its first quarter earnings and discussed the following topics in its earnings conference call. Take a look. Portfolio Changes Michael Gambardella – JPMorgan: I have a question. Klaus, you’ve mentioned the word ‘portfolio’ when you were talking about your businesses,...
Alcoa's surprise profit is good news for Alumina holders
BELIEVE it or not, there's a silver (actually, aluminium) lining to Wall Street's 1.5 per cent nervy turn overnight and it comes from this year's second worst-performing main metal (behind only nickel). Kicking off the US quarterly earnings season, Pittsburgh plodder Alcoa reported earnings of...
Aluminum maker Alcoa reports surprise 1Q profit on higher revenue; could boost slumping stocks
Alcoa may have given a slumping Wall Street just what it needed: a surprise profit. The largest U.S. aluminum manufacturer said Tuesday that it earned 9 cents share in the first quarter. It surpassed analyst forecasts for a small loss by selling more aluminum to a wide range of customers, including...
Alcoa Squeezed by Lower Prices
Alcoa Inc. AA -2.92% reported that first-quarter earnings fell 69% as the company was squeezed by lower aluminum prices and higher costs for energy. The company said it would contend with sluggish aluminum prices by cutting costs, limiting production and relying more on high-margin end products...
Alcoa Posts First-Quarter Profit
Aluminum producer Alcoa Inc on Tuesday reported a first-quarter profit after a loss in the fourth quarter of 2011 as a result of improved market conditions. Income from continuing operations in the first quarter was $94 million, or 9 cents per share, compared with a profit of $309 million, or 27...
Alcoa trains to outlast its aluminium industry competitors
ALCOA is eager to dispel myths about why its quarterly reports mark the unofficial start of earnings season. No, it has nothing to do with its alphabetical order in the Dow Jones industrials - its ticker symbol is "AA" - or even its status as an economic bellwether. Alcoa's habit of publishing...
Aluminium buckles under weight of supply pressure
“I don’t like aluminium.” That may seem an unlikely statement from the world’s sixth-largest producer of the metal. But Marius Kloppers, chief executive of BHP Billiton, is putting his money where his mouth is. BHP will from now on run its aluminium division for cash, he announced in February. Mr...
Century Aluminum Sets Date for First Quarter 2012 Earnings Announcement
Century Aluminum Company (NASDAQ: CENX - News) will report first quarter 2012 earnings on Wednesday, April 25th after the close of market trading. The news release will be issued through Marketwire. The company will hold a follow-up conference call on Wednesday, April 25th at 5:00 p.m. Eastern...
Noranda Aluminum Holding Upgraded to “Buy” at Bank of America (NOR)
Noranda Aluminum Holding (NYSE: NOR) was upgraded by Bank of America (NYSE: BAC) from a “neutral” rating to a “buy” rating in a research note issued on Monday. The analysts wrote, “[We] think the negative catalyst of private equity owner Apollo’s share sale has passed. NOR announced a $1.25/shr...
Global Alumina Releases Year-End 2011 Results
Global Alumina Corporation CA:GLA.U +7.89% (the "Company" or "Global Alumina"), a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced its financial and...
Kaiser Aluminum Corporation (KALU) - Financial and Strategic SWOT Analysis Review
Financial and Strategic SWOT Analysis Review - Kaiser Aluminum Corporation (Kaiser) is a metal production company. It is engaged in the manufacturing and marketing of semi-fabricated aluminum products. The company produces rolled, extruded, and drawn aluminum products, which are broadly classified...
Loften Aluminum Foil’s 2011 Net Profit Plummets 67.75%
Shandong Loften Aluminum Foil Co., Ltd. released the 2011 annual report recently, saying its operating revenues were RMB 179,356,990,000 in 2011, up 75.52% YoY; operating profits were RMB 11.10 million, down 76.66% YoY; and net profits attributable to shareholders of listed company were RMB 11.78...
Bhoruka Alum - Extension of Financial Year
Bhoruka Aluminium Ltd has informed BSE that pursuant to the approval received from the Registrar of Companies, Bangalore, Karnataka, vide letter dated March 22, 2012, the Company has decided to prepared the financial accounts for a period of 18 months instead of 12 months by extending the financial...
Weak Economic Conditions Hurt Dongyangguang Aluminum’s 2011 Earnings
Guangdong Dongyangguang Aluminum Co., Ltd. released the 2011 annual report recently, saying its operating revenues were RMB 4.76 billion in 2011, up 26% YoY; total profits were RMB 502 million, up 24% YoY; and net profits attributable to shareholders of listed company were RMB 287 million, up 15.8%...
Dubal defies slowdown to record 65% jump in net profit in 2011
Dubai: State-owned aluminium smelter Dubai Aluminium Ltd (Dubal) said it achieved a 65 per cent jump in net profit to Dh3.51 billion last year, up from Dh2.12 billion in 2010, despite the slowdown in the global economy. Gross sales revenue grew 28.5 per cent year-on-year to Dh11.14 billion from...
World’s largest aluminum producer takes $1.4 billion writedown
RUSAL, the world’s top aluminium maker, took a $1.4 US billion hit in its 2011 financials on Monday on the value of its stake in Norilsk Nickel, whose fate is at the centre of a row between two Russian billionaire shareholders. The writedown, and a qualified opinion by RUSAL’s auditor on the...
India's NALCO targets 8 pct rise in 2012/13 revenue
India's state-run National Aluminium Co Ltd (NALCO) is targeting revenue of 70.73 billion rupees ($1.41 billion) for the next fiscal year, about 8 percent higher than the current year's target, the company said in a statement. NALCO, India's third-largest aluminium maker, on Monday signed a pact...
RUSAL 2011 net dives 92 percent on Norilsk valuation
RUSAL, the world's top aluminum maker, posted a 92 percent drop in yearly net profit, hit by a write-down in the value of its stake in miner Norilsk Nickel as it grapples with a damaging row over its future between two Russian billionaires. Despite the profit plunge, RUSAL (0486.HK) (RUAL.PA) said...
