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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Century Aluminum sets date for second quarter 2014 earnings announcement
Century Aluminum Company will report second quarter 2014 earnings on Wednesday, July 30th after the close of market trading. The news release will be issued through Marketwired. The company will hold a follow-up conference call on Wednesday, July 30th at 5:00 p.m. Eastern time. The earnings call...
Alcoa beats estimates as aluminum smelting unit recovers
Alcoa Inc. (AA), the struggling U.S. aluminum producer that’s shifting its focus to manufacturing auto and aerospace components, reported better-than-expected profit on the strength of its traditional aluminum smelting business. Second-quarter profit excluding restructuring costs and other one-time...
Alcoa's quarterly earnings jump on lower costs
Aluminium producer Alcoa last night reported a jump in earnings on strong metals pricing and lower costs as it confirmed its outlook for 7% aluminium demand growth in 2014. Alcoa, the first major US company to report second-quarter earnings, said net income for the period ending June 30 was $138m,...
Goldman sachs upgrades Century Aluminum
In a research note released Monday, Goldman Sachs analyst Sal Tharani upgraded Century Aluminum from Sell to Neutral. The analyst stated, “We were wrong on CENX as its cost cutting initiatives,” adding that the price of aluminum was better than they had expected and contributed to the jump in the...
Kaiser Aluminum Corp. CEO Jack A. Hockema unloads 5,000 shares
Kaiser Aluminum Corp. CEO Jack A. Hockema sold 5,000 shares of Kaiser Aluminum Corp. stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $73.51, for a total transaction of $367,550.00. Following the completion of the transaction, the chief executive officer...
Alba’s production figures surge 2.5% in H1 2014
Aluminium Bahrain B.S.C (Alba) continues to build momentum with its production figures up by 2.5% YoY to reach 464,012 metric tonnes in the first half of 2014 (versus 452,727 mt in H1 2013), while its sales figures topped 456,282 mt for the same period in 2014, an increase of 1,852 mt versus...
Alcoa’s strong second quarter 2014 profits driven by continued portfolio transformation
2Q 2014 Highlights • Net income of $138 million, or $0.12 per share; excluding special items, net income of $216 million, or $0.18 per share, up sequentially and year-over-year • Revenue of $5.8 billion, up 7 percent sequentially, steady from the prior year period • Engineered Products and...
Vimetco publishes AGM Statement and results
Vimetco N.V., the global producer of primary and processed aluminium products, held its Annual General Meeting (“AGM”) at the World Trade Center, Strawinskylaan 1643, Tower C, Level 16, 1077 XX Amsterdam, The Netherlands, on 20 June 2014, where all proposed resolutions were duly passed. The Agenda...
Kaiser Aluminum Corp. EVP Pete Bunin unloads 2,500 shares
Kaiser Aluminum Corp. EVP Pete Bunin sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $72.66, for a total value of $181,650.00. Following the completion of the transaction, the executive vice president now directly owns...
Alumetal IPO to raise 293 mln zlotys for private equity owner
Poland's Alumetal said on Friday it would sell shares at 35 zlotys each in its initial public offering (IPO), which would raise 293 million zlotys ($96.21 million) for the majority owner of the aluminium parts maker. Alumetal's main shareholder, Poland-based private equity fund Abris, set the...
Kaiser Aluminum Corp. CEO sells $367,550 in stock
Kaiser Aluminum Corp. CEO Jack A. Hockema unloaded 5,000 shares of Kaiser Aluminum Corp. stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $73.51, for a total transaction of $367,550.00. Following the completion of the transaction, the chief...
Alcoa earnings: Aeropace demand, aluminum pricing to be in focus
Alcoa may no longer be a “blue chip” stock since its ouster from the Dow Jones Industrial Average, but it is still viewed as the company that will ceremoniously kick-off earnings season when it reports second-quarter results after Tuesday’s close. The stock has been on a roll in 2014, and investors...
Constellium NV given average recommendation of “Buy” by analysts
Shares of Constellium NV have been given a consensus recommendation of “Buy” by the thirteen ratings firms that are covering the company, Analyst Ratings Network reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have issued a buy...
Tiwai's owner improves but still records loss
Rio Tinto, majority owner of Southland's Tiwai Pt aluminium smelter, has today announced another disappointing result for its New Zealand business. Rio Tinto Alcan (New Zealand), which operates as Pacific Aluminium, owns 79 per cent of New Zealand Aluminium Smelters. Its annual financial report for...
China Zhongwang Secures $500 Mln of Low-Cost Financing
China Zhongwang Holdings Ltd. has secured $500 million of low-cost financing from a group of banks and institutions, the company announced on its website June 23. China Zhongwang entered into a facility agreement with 19 international financial institutions, which allows the company to obtain $500...
First Aluminium reverts to profitability fuelled by surge in housing demand
First Aluminium Nigeria plc, a subsidiary of Alcan Aluminium Company of Canada, is increasingly tapping into the enormous opportunities embedded in the Nigerian economy as it recorded an impressive first quarter results. However, there are challenges such as unsteady power supply, huge cost of raw...
Bridgnorth Aluminium secures a £62m finance deal
Bridgnorth Aluminium has made a deal of £62m package for helping the business develop in their on-going operations as well as future expansion of the company’s manufacturing plant located in Shropshire. The finance package from the company’s office of Lloyds Bank includes a £45m lending facility...
Century Aluminum upgraded to “Neutral” by Bank of America (CENX)
Century Aluminum was upgraded by Bank of America to a “neutral” rating in a research note issued on Monday. Shares of Century Aluminum opened at 13.65 on Monday. Century Aluminum has a 1-year low of $7.65 and a 1-year high of $14.80. The stock’s 50-day moving average is $13.79 and its 200-day...
