ARNC - Arconic Inc.
| Previous Close | 20.34 |
| Open | 19.98 |
| Bid | 19.93 x 1300 |
| Ask | 19.94 x 1800 |
| Day's Range | 19.77 - 20.35 |
| 52 Week Range | 16.47 - 31.17 |
| Volume | 1,950,135 |
| Avg. Volume | 3,881,693 |
| Market Cap | 9.621B |
| Beta (3Y Monthly) | 2.78 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.73 |
| Earnings Date | Jul 23, 2018 - Jul 27, 2018 |
| Forward Dividend & Yield | 0.24 (1.16%) |
| Ex-Dividend Date | 2018-11-01 |
| 1y Target Est | 23.25 |
- CNBC Videos•yesterday
Faber Report: Arconic leveraged buyout still seen as like...
CNBC's David Faber reports on the Arconic leveraged buyout being close.
- CNBC Videos•21 days ago
Apollo Global in talks to acquire Arconic: Reuters
CNBC's Sue Herera reports Arconic's stock jumped on news that Apollo Global is in talks to acquire the company.
- CNBC•yesterday
Arconic buyout deal could be announced by mid-December, sources say
The aluminum products maker has been mulling offers and sources tell CNBC a deal is likely
- GlobeNewswire•8 days ago
Analysis: Positioning to Benefit within IDEXX Laboratories, Editas Medicine, Arconic, Cardtronics, Cloudera, and BMC Stock — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- Insider Monkey•11 days ago
Billionaire Michael Hintze’s and CQS Cayman’s Return, AUM, and New Holdings
CQS Cayman LP is a multi-strategy credit-oriented hedge fund, founded back in 1999 by its current Senior Portfolio Manager, Chief Executive and Senior Investment Officer, Sir Michael Hintze. It is based in London, with additional offices in New York, Sydney, and Hong Kong. Sir Michael Hintze was born in China to Russian parents, but he […]
- Reuters•12 days ago
U.S. to impose new duties on Chinese aluminium sheet products
The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminium sheet products of 96.3 percent to 176.2 percent. The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985. The Trump administration has promised a more aggressive approach to trade enforcement by having the Commerce Department launch more anti-dumping and anti-subsidy duties on behalf of private industry.
- InvestorPlace•13 days ago
The Buyout Offer for Symantec Stock Is Perfect Timing
On one hand, you have sector leaders like Palo Alto Networks (NYSE:PANW), which has gained nearly 26% year-to-date. On the other, you have Symantec (NASDAQ:SYMC). Beleaguered SYMC stock is down more than 19% YTD.
- Thomson Reuters StreetEvents•19 days ago
Edited Transcript of ARNC.N earnings conference call or presentation 30-Oct-18 2:00pm GMT
Q3 2018 Arconic Inc Earnings Call
- MarketWatch•21 days ago
Arconic stock jumps on report of imminent deal with Apollo Global
Shares of Arconic Inc. jumped more than 7% in the extended session Tuesday after a Reuters report said that a deal with Apollo Global Management could be reached as early as next week. The private equity company would buy Arconic for more than $11 billion, according to the report. Arconic earlier Tuesday reported third-quarter profit that beat estimates and raised its guidance for the year. Shares of Arconic ended the regular trading session up 2.5%.
- CNBC•21 days ago
Arconic jumps as Apollo reportedly moves toward acquisition
Arconic shares rose as much as 10 percent in after-hours trading on Tuesday following news that Apollo Global Management is in advanced talks to acquire the company. Arconic ARNC shares rose as much as 10 percent in after-hours trading on Tuesday following a report that Apollo Global Management is in advanced talks to acquire the company. Reuters had reported last week that Arconic was weighing the $11 billion acquisition offer, but now says that a deal could be reached as early as next week.
- The Wall Street Journal•21 days ago
[$$] Arconic Profits, Sales Rise as It Weighs Future
Inc. reported stronger revenue and profits in the third quarter, as results for the maker of aluminum and titanium parts were helped by robust demand from customers in the aerospace and automotive industries. Meanwhile, Arconic said Tuesday it continues to conduct a strategy review, one that is now expected to be complete in current quarter. The Wall Street Journal reported in July that at least two private-equity groups were considering purchasing Arconic in a leveraged buyout.
- Zacks•21 days ago
Arconic (ARNC) Beats Earnings & Revenue Estimates in Q3
Arconic's (ARNC) Q3 results benefit from higher volumes in all segments. The company raised adjusted earnings expectations for 2018.
- Zacks•21 days ago
Arconic (ARNC) Tops Q3 Earnings and Revenue Estimates
Arconic (ARNC) delivered earnings and revenue surprises of 6.67% and 1.14%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
- The Wall Street Journal•21 days ago
[$$] Arconic Profits, Sales Rise as It Weighs Future
Inc. reported stronger revenue and profits in the third quarter, as results for the maker of aluminum and titanium parts were helped by robust demand from customers in the aerospace and automotive industries. Meanwhile, Arconic said Tuesday it continues to conduct a strategy review, one that is now expected to be complete in current quarter. The Wall Street Journal reported in July that at least two private-equity groups were considering purchasing Arconic in a leveraged buyout.
- Reuters•21 days ago
Aluminum products maker Arconic's profit beats on strong aero parts demand
U.S. specialty metals maker Arconic Inc reported a better-than-expected quarterly profit on Tuesday and raised its full year earnings forecast, driven by higher demand for aluminum parts used in airplanes. Arconic has increased hiring and capital expenditure this year to meet higher demand for parts from planemakers as they ramp up production to satisfy growing global demand for air travel. Arconic's decision to extend its review comes as its board was reportedly mulling an $11 billion acquisition offer from buyout firm Apollo Global Management LLC.
- Associated Press•21 days ago
Arconic: 3Q Earnings Snapshot
On a per-share basis, the New York-based company said it had net income of 32 cents. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research ...
- MarketWatch•21 days ago
Arconic beats profit estimates and raises guidance, extends strategic review
Arconic Inc. said Tuesday it had net income of $161 million, or 32 cents a share, in the third quarter, up from $119 million, or 22 cents a share, in the year-earlier period. The maker of aluminum products for the aerospace and automotive industries said adjusted per-share earnings also came to 32 cents, ahead of the FactSet consensus of 30 cents. Revenue rose 9% to $3.5 billion to match the FactSet consensus. "Our team remains focused on operational improvements and portfolio refinements; this quarter we made the strategic decision to sell our idled rolling mill in Texarkana, Texas, which provides us with added financial flexibility as we continue to explore opportunities to enhance our portfolio," Chief Executive Chip Blankenship said in a statement. The company sold the mill for about $300 million in cash, plus additional contingent payments of up to $50 million. Arconic is extending the scope and duration of its strategic review and expects to report an outcome in the fourth quarter, he said. In the meantime, the company raised its forecast for 2018 adjusted EPS to a range of $1.28 to $1.34 from a prior range of $1.17 to $1.27. It is still expecting full-year revenue of $13.7 billion to $14.0 billion. Shares were not yet active premarket, but have fallen 29.5% in 2018, while the S&P 500 has fallen 1.2%.
Markit•24 days agoSee what the IHS Markit Score report has to say about Arconic Inc (Pre-Reincorporation).
Arconic Inc (Pre-Reincorporation) NYSE:ARNC
- Zacks•25 days ago
Arconic (ARNC) Q3 Earnings: What's in Store for the Stock?
Arconic (ARNC) is expected to gain from its cost reduction actions and strength across key markets in Q3.
- Zacks•25 days ago
Why Earnings Season Could Be Great for Arconic (ARNC)
Arconic (ARNC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Investor's Business Daily•28 days ago
Arconic Mulls $11 Billion Bid As Trump Tariffs On Aluminum Bite
Arconic is weighing an $11 billion acquisition offer from buyout firm Apollo Global Management as Trump tariffs on aluminum weigh.
- American City Business Journals•28 days ago
Bidders are 'skittish' in auction for N.Y.C. metals company, report says
Per The New York Post, "skittishness grew" due to Arconic's aluminum cladding being partly blamed for a 2017 fire at Grenfell Tower, a 24-story residential building in London. A 2017 class-action shareholder lawsuit alleges that Arconic (NYSE: ARNC) knew the panels had a combustible core and that the company failed to properly disclose the information. Goldman Sachs Group (NYSE: GS) is handling the Arconic auction.
- Zacks•28 days ago
Arconic (ARNC) Q3 Earnings Preview: What's in the Cards?
Arconic (ARNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Reuters•29 days ago
Arconic weighs $11 billion offer from Apollo - sources
The offer is at a small premium to where Arconic shares are trading, adding pressure on the U.S. company to decide if it will remain independent after President Donald Trump's imposition of aluminium tariffs drove up its costs this year and weighed on business prospects. Apollo's offer values Arconic at between $23 and $24 per share, one of the sources said. Another bidding group, comprising buyout firms Blackstone Group LP, Carlyle Group LP, Onex Corp and Canada Pension Plan Investment Board, has yet to submit an offer for Arconic, and it is not clear whether it will submit a bid to rival Apollo's in the coming days, the sources said.
