|Bid||46.50 x 100|
|Ask||46.74 x 100|
|Day's Range||46.52 - 50.18|
|52 Week Range||29.55 - 57.50|
|PE Ratio (TTM)||40.83|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In December 2017, Alcoa Corporation (NYSE:AA) released its latest earnings announcement, which signalled that the company finally turned profitable after delivering negative earnings on average over the past couple ofRead More...
Aluminum and steel producers hope tariffs under consideration by the Trump administration will heat up demand for their products, but the U.S. remains an expensive place to make the metals.
The U.S. Commerce Department has recommended that President Donald Trump impose steep curbs on steel and aluminum imports from China and other countries ranging from global and country-specific tariffs to broad import quotas, according to proposals released on Friday. The long-awaited unveiling of Commerce's "Section 232" national security reviews of the two industries contained global tariff options of at least 24 percent on all steel products from all countries, and at least 7.7 percent on all aluminum products from all countries.
Discover information about how investors can use ETFs to obtain exposure to the aluminum market, including information on specific funds.
Shares of U.S. Steel Corp. surged more than 12% and Alcoa Inc. stock rose nearly 3% on Friday after the U.S. Commerce Department recommended tariffs on steel and aluminum from other countries, including ...
Paul Singer’s Elliott Management Corp. pared its stake in Alcoa Corp. by almost two-thirds last quarter and billionaire George Soros’s hedge fund exited.
As commodity prices have been strong over the last few quarters, several metals and mining companies have taken a generous view of their dividend policies. Notably, mining companies’ dividends had fallen prey to lower commodity prices in 2015. While Freeport-McMoRan (FCX) has reinstated its dividend by announcing a $0.05 quarterly dividend per share, some of the other mining companies have opted for a flexible dividend policy.
Arconic guided 2018 profits low early Monday, with shares crashing to their lowest level since December despite a sound beat on the top and bottom lines for the fourth quarter of 2017.
Aluminum products maker Arconic beat analysts' estimates for profits and revenues this morning, but the company's guidance was soft and investors had reason to sell again Monday.
Australia's strained power supply grid has largely withstood soaring temperatures this summer, but a year after the nation's biggest city, Sydney, was hit by blackouts, the real test comes this month. A state-wide blackout in South Australia in September 2016 sparked a conservative backlash over the use of solar and wind at the expense of dirtier but 'always-on' coal-fired generation and a scramble to add back-up power. South Australia, the country's most wind energy-dependent state, has installed the world's biggest lithium ion battery from Tesla Inc and diesel generators.
Guinean bauxite mining company La Guineenne des Mines (GDM) shipped the first ore from its project in the western Boke region on Thursday and will target exports of 2 to 4 million tonnes this year, its chief executive said. The first cargo of 174,000 tonnes of the aluminium ore was loaded onto ships operated by Singapore's Winning Shipping and Chinese firm Shadong Weiqiao at the port of Dapilon. The companies - the main owners of the Societe Miniere de Boke (SMB) bauxite project - negotiated rights to purchase and export GDM's production.
Alcoa (AA) expects global aluminum demand to exceed supply in 2018 on China’s supply-side reforms. Notably, China has been curtailing its polluting industrial capacity in a bid to control its rising smog levels during the winter months.
In this part, we’ll see what Alcoa’s (AA) management had to say about aluminum’s demand-supply equation during its 4Q17 earnings call. First, let’s see what Alcoa had to say about the 2017 market balance. According to Alcoa, global bauxite and alumina markets (AWC) were balanced in 2017.
Alcoa (AA) reported its 4Q17 earnings on January 17, 2018, after the markets closed. The company posted an adjusted EPS (earnings per share) of $1.04 in 4Q17. Alcoa’s 4Q17 earnings fell short of analysts’ top line and bottom line estimates.
The Trump administration’s condemnation of cheap Chinese aluminum is helping resolve overcapacity in China even before any measures are implemented, according to the top U.S. producer.
Alcoa Corp (NYSE:AA) announced Q4 2017 earnings after the close of trading on Jan. 17. Depending on how you look at earnings reports, Alcoa’s numbers were either respectable or a major disappointment. With AA stock down more than 7% in early Jan. 18 trading, it appears investors have chosen the latter.
U.S. stocks drifted lower on Thursday amid growing fears of a possible government shutdown on Friday night. A breakdown in bi-partisan negotiations concerning immigration has worsened, with a pre-shutdown blame game commencing with President Donald Trump and Congressional Democrats all angling to blame the other party for what looks like an inevitable standoff. Decliners outpaced advancers by a 2.6-to-1 ratio as 180 NYSE issues made new highs vs. 93 new lows.
On a day the indexes pulled back from recent record highs, Wyndham announced it is buying La Quinta, and Alcoa reported disappointing profits.