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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Noranda Aluminum gets hold rating at UBS AG
UBS AG reissued their hold rating on shares of Noranda Aluminum Holding Corp. in a research report sent to investors on Thursday morning, Stock Ratings Network reports. The firm currently has a $2.40 price target on the stock. Shares of Noranda Aluminum Holding Corp. traded down 1.16% on Thursday,...
Kaiser Aluminum Corp. announces quarterly dividend
Kaiser Aluminum Corp. declared a quarterly dividend on Wednesday, October 16th, Stock Ratings News reports. Investors of record on Friday, October 25th will be given a dividend of $0.30 per share on Friday, November 15th. This represents a $1.20 dividend on an annualized basis and a yield of 1.65%....
Century aluminum sets date for third quarterearnings announcement
Century Aluminum Company will report third quarter 2013 earnings on Monday, November 4th after the close of market trading. The news release will be issued through Marketwired. The company will hold a follow-up conference call on Monday, November 4th at 5:00 p.m. Eastern time. The earnings call...
Bauxite Resources Limited publishes annual report
During the year Bauxite Resources Limited focused on the development of its bauxite interests in Western Australia with the objective of commercial development of bauxite and alumina capacity to support a developing market in China. Achievements during the financial year were: - Exceptional...
Noranda Aluminum Holding Corp. Upgraded to Neutral by Zacks
Zacks upgraded shares of Noranda Aluminum Holding Corp. (NYSE:NOR) from an underperform rating to a neutral rating in a research note released on Tuesday morning, Stock Ratings Network reports. They currently have $2.40 target price on the stock. A number of other analysts have also recently...
Montenegro court declares country's sole aluminium plant bankrupt
A Montenegrin court on Wednesday declared the country's sole aluminium plant and a top exporter bankrupt, paving the way for its sale to repay 380 million euros ($516.67 million) of debt. In its heyday in the late 1970s, Kombinat Aluminijuma Podgorica had 5,000 workers. With its workforce cut to a...
Alcoa Overcomes Price Slump by Posting stronger-than-expected 3Q profit
Former Dow Industrials member Alcoa (AA) unofficially kicked off earnings season on a cautiously optimistic note on Tuesday by swinging to a stronger-than-expected third-quarter profit despite a 7% drop in aluminum prices. Shares of the Pittsburgh-based aluminum maker, which was recently booted...
Aluminium Bahrain sales soar 4.2% in Q3 2013
Aluminium Bahrain B.S.C (Alba) continues to maintain a positive momentum in Q3 2013 with sales figures up by 4.2% year-on-year to reach 227,758 metric tonnes (mt) versus 218,507 mt in Q3 2012 while production figures increased by 10,377 mt to reach 230,058 mt as compared to the same period of 2012....
Aluminum maker Alcoa battered by tough week
The news hasn’t been good this week for aluminum manufacturer Alcoa Inc. It’s stock price is tumbling, a Duetsche Bank analyst downgraded the stock to sell and forecasters were predicting aluminum prices would fall 12 percent or more over the next two years. All this on the heels of Alcoa being...
Alcoa Inc.to publish Q3 earnings preview on Oct.8
Alcoa, Inc. is set to "officially" kick start the third quarter earnings season by reporting its financials on Oct.8. The company will hold a conference call on the same day at 5:00 p.m. (Eastern Time) to discuss the results and business developments. Alcoa is the world's leading producer of...
Ess Dee Aluminium updates on dividend payment date
Ess Dee Aluminium Ltd has informed BSE that due to some technical problems the dividend declared by the members at Annual General Meeting of the Company for the financial year ended March 31, 2013 will be paid on October 03, 2013 instead of October 01, 2013 through NECS facility of Payment and...
Continued losses in shares of Noranda Aluminum
Shares of Noranda Aluminum traded at a new 52-week low today of $2.48. So far today approximately 254,000 shares have been exchanged, as compared to an average 30-day volume of 429,000 shares. Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum...
Trimet Aluminium returns to the profit zone
Trimet Aluminium SE has concluded the financial year 2012/2013 with sales of 1.2 billion euros (previous year: 1.3 billion). With an annual result of 1.7 million euros, the medium-size company returned to the profit zone. Despite the slight decline in sales the material specialist experienced a...
National Aluminium Company to pay Rs 322.15 crore as dividend to govt.
Aluminium giant National Aluminium Company Ltd (Nalco) has announced a total dividend payout of 25 per cent, amounting to Rs 322.15 crore for 2012-13, as against 20 per cent paid in the previous year. Announcing this after the Annual General Meeting of the company here, National Aluminium Company...
Mubadala releases first half 2013 financial results
Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, released its interim financial statements and business highlights for the first half of 2013. Business highlights from across the Mubadala Group in the first half of 2013 included: • The inauguration of...
Crown Holdings trims Q3 Guidance citing weaker demand
Crown Holdings, Inc. reduced its third quarter earnings per share guidance to a range of $1.05 to $1.10 citing weaker-than-expected demand in European food cans and North American beverage can markets. Shares of the packaging company fell 4.5% to $41.50 in after-hours trading on Tuesday. Crown...
Alba on track to meet 2013 targets despite low LME prices
Aluminium Bahrain (Alba), one of the largest and most modern aluminium smelters in the world, is on track to meet its growth targets despite low LME prices, said its top official. Speaking at Alba's third quarterly meeting for 2013, chairman Mahmood Hashim Al Kooheji said Alba had made a...
Ormet's total losses increase to near $100 million
As it awaits a final regulatory decision that could decide its future, US aluminum producer Ormet Corp. continues to lose money and is fast approaching $100 million in total net losses since it filed for bankruptcy on February 25, according to court filings. In August, the Hannibal, Ohio-based...
