Globeflex Capital L P has acquired a new position in Kaiser Aluminum Corporation, buying 8,903 shares valued at about USD 1.74 million, according to a filing with the US Securities and Exchange Commission. The investment gave Globeflex an approximately 0.05 per cent stake in the US aluminium...
An employee at Kaiser Aluminum’s Kalamazoo facility passed away following a workplace incident, prompting an investigation by the Michigan Occupational Safety and Health Administration (MIOSHA). According to a MIOSHA report, the 43-year-old maintenance technician was welding inside a pneumatically...
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The Sherman Economic Development Corporation (SEDCO) presented Kaiser Aluminum with a $232,000 cash grant to help offset the cost of a $5.8 million expansion. Kaiser Aluminum Corporation maintains 12 focused production facilities in North America and is a leading provider of automotive aluminum...
Kaiser Aluminum Corporation announced yesterday the appointment of Keith A. Harvey as President and Chief Operating Officer. Mr. Harvey has served as the company's Executive Vice President - Fabricated Products since June 2014 with full responsibility for the sales, marketing, manufacturing and...
Kaiser Aluminum Corp.was downgraded by a leading investment research firm from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, December 29. According to the investment firm “KAISER ALUMINUM is a leading producer of fabricated aluminum products for...
Kaiser Aluminum Corp announced that it will spend US $150 million on capital improvements at its Spokane, Washington facility over next five years. The investment, according to Kaiser Aluminum, will help to reduce cost, increase opreational efficiency and expand production capacity. Kaiser Aluminum...
The Society of Collision Repair Specialists (SCRS) has announced that the feature presentations delivered during the second annual OEM Collision Repair Technology Summit at last November’s SEMA Show are now available. The event, hosted by SCRS and held on Thursday, November 5th, put show attendees...
Kaiser Aluminum Corporation announced that it has commenced a five-year, $150 million capital investment project at its Spokane, Washington facility to further advance the Company’s cost and quality leadership position and to meet continued demand growth. The investments will focus on equipment...
According to a study conducted by the Industrial Info Resources, Sugar Land, Texas, aluminium smelters across the United States have gone through a distressed phase of cutbacks and closures, amid a global oversupply and resultant price decline. Even so, downstream aluminium-related projects in the...
Kaiser Aluminum Corp., the Foothill Ranch-based maker of semi-fabricated aluminum products for defense, aviation and automotive industries, beat Wall Street expectations on second-quarter revenue and income. The company posted net income of $20 million, or $1.11 per diluted share, compared to net...
Kaiser Aluminium released its first quarter results showing mixed outcomes. Although it beat the Wall Street’s revenue outlook, it fell short of the earnings projections. The company posted a net loss of $292 million or $16.85 per diluted share with a net income of $18 million. The revenues...
Kaiser Aluminum Corporation today announced that, as a result of the definitive expiration of its obligation to make annual variable contributions to the union voluntary employees' beneficiary association (the "Union VEBA") for any period after September 2017, it has removed from the Company's...
Kaiser Aluminum Corporation today announced that union members at the Company's Newark, OH and Spokane, WA ("Trentwood") facilities have ratified a new five-year labor agreement. The agreement which affects approximately 900 union members is effective on October 1, 2015 and extends through...
Kaiser Aluminum Corp. was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Friday. The firm currently has a $72.20 price target on the stock. Zacks‘s target price would suggest a potential upside of 0.52% from the company’s current price. Shares of...
Kaiser Aluminum Corp. CEO Jack A. Hockema unloaded 5,000 shares of the stock on the open market in a transaction dated Monday, December 1st. The stock was sold at an average price of $73.13, for a total value of $365,650.00. Following the transaction, the chief executive officer now directly owns...
Kaiser Aluminium is in a tight spot registering a high short interest at 17.59% of the floated shares. Each of its share is trading at $73.15 that is curiously 10.4% above the 53-week low and 10.4% lower that the 52-week high. However, there is good news in the near future as massive unwinding of...
Celebrating its fiftieth year in North Texas, Kaiser Aluminum received a six-figure birthday present from the Sherman Economic Development Corp. Tuesday morning. The SEDCO Board of Directors voted unanimously to enter into a $232,000 agreement with Kaiser to help offset the cost of a $5.8 million...
Kaiser Aluminum Corp. Monday reported a drop in profit for the third quarter, hurt largely by higher operating costs despite increased revenue. Earnings for the quarter fell short of analysts estimates, as did revenues, sending shares of the aluminum products maker down seven percent in the...
Kaiser Aluminum Corp. declared a quarterly dividend on Wednesday, October 15th, American Banking and Market News reports. Stockholders of record on Friday, October 24th will be given a dividend of 0.35 per share on Friday, November 14th. This represents a $1.40 dividend on an annualized basis and a...
After the 2015 annual meeting of stockholders, Kaiser Aluminium Corporation (KALU) announced that the board of directors has sanctioned an increase in authorized members from 10 to 11. They have even appointed L. Patrick Hassey to the board. Until his retirement in May 2011, Mr. Hassey served as...
