18.30 -0.01 (-0.05%)
After hours: 7:42PM EDT
|Bid||18.26 x 500|
|Ask||18.43 x 1000|
|Day's Range||18.18 - 18.94|
|52 Week Range||11.78 - 24.77|
|PE Ratio (TTM)||35.90|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.40|
Century Aluminum CEO Michael Bless discusses volatility in aluminum stocks and what further impact the tariffs could have on the stocks and the overall economy.
Alcoa Corp (NYSE:AA) has posted its numbers, and the first-quarter earnings season is unofficially underway. After years of running on thin supplies that still managed to meet demand, the industry suddenly finds itself in a position where consumption could actually outpace the available supply of aluminum in the very near future. Bank of America Corp (NYSE:BAC) gave us its numbers on Monday and so did Netflix, Inc. (NASDAQ:NFLX).
Alcoa (AA) released its 1Q18 earnings on April 18, 2018, after the markets closed. The company reported revenues of $3.09 billion in 1Q18—compared to $3.17 billion in 4Q17 and $2.65 billion in 1Q17. Alcoa’s 1Q18 earnings were better than expected.
Snap-on's (SNA) first-quarter results are likely to gain from robust performance in the Repair Systems & Information as well as Commercial & Industrial segments.
CHICAGO, April 16, 2018-- Century Aluminum Company will report first quarter 2018 earnings on Thursday, May 3, 2018 after the close of market trading. The news release will be issued through GlobeNewswire. ...
In the previous article, we saw what analysts are projecting for Alcoa’s (AA) 1Q18 earnings. In this part, we’ll look at the key updates that markets might watch for in Alcoa’s 1Q18 earnings call. The macro environment has been quite volatile for aluminum.
Alcoa’s (AA) 1Q18 earnings are expected on April 18. Bauxite, alumina, and aluminum are the three key commodities that Alcoa sells. Analysts polled by Thomson Reuters expect Alcoa to post revenues of $3.08 billion in 1Q18.
Alcoa (AA) is scheduled to release its 1Q18 earnings on April 18. Overall, 2018 is turning out to be a volatile year for Alcoa and other aluminum producers like Century Aluminum (CENX), Rio Tinto (RIO), and Norsk Hydro (NHYDY).
President Trump has imposed sanctions on some Russian entities, including RUSAL. The company was once the largest global aluminum producer and is still a major player in aluminum markets, accounting for almost 6% of global aluminum production. Not surprisingly, aluminum prices rose sharply after the sanctions. Before, aluminum prices briefly dipped below $2,000 per metric ton amid the US-China trade war.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding CENX totaled $511 million.
The sell-off in index heavyweights like Facebook (FB) and Amazon (AMZN) has impacted broader market indices. Facebook is facing scrutiny due to how it handled users’ data. Amazon saw selling pressure after President Trump targeted the company in a tweet. The PowerShares QQQ ETF (QQQ) has pared some of its 2018 gains based on the closing prices on April 10.
The Zacks Analyst Blog Highlights: Triumph Bancorp, Century Aluminum, Boise Cascade, Arch Coal and Oasis Midstream
Analysts are looking for a strong Q1 earnings season, mostly in response to the corporate tax cut policy signed into law last December, and robust economic growth both at home and abroad.
NEW YORK, NY / ACCESSWIRE / April 10, 2018 / Shares of aluminum companies were exploding on Monday after the United States slapped sanctions against a Russian producer of aluminum. Shares of Alcoa and ...
One of the hardest-hit U.S. stocks from the new sanctions against Russia? The $177 million Central & Eastern European Fund (CEE), a closed-end mutual fund that trades like a stock. While FactSet’s broad index of Russia stocks looks dirt cheap on 6.5 times forecast earnings, it has been there for years.
Aluminum stocks rose on Monday amid higher prices for the commodity after U.S. sanctions hit top Russian producer Rusal.
The American aluminum industry is getting a double benefit from Donald Trump’s harder stance on trade and Russian oligarchs.
Aluminum prices jump after the U.S. announces sanctions on Russia late last week, including the country’s aluminum giant United Company Rusal. The metal likely has further room to run to the upside.
Under Trump's Presidency, manufacturing sector is witnessing strong business spending at factories for expensive durable items such as machinery and vehicles.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Basic Materials sector is rising.
Glencore fell as much as 5 per cent on Monday amid concerns about its exposure to Rusal , the Russian aluminium producer reeling from the impact of fresh US sanctions. Shares in the Swiss commodity trader ...
China's retaliatory tariffs on imports worth $3 billion will only make matters more difficult for a number of U.S. companies, whose revenues depend on bulk exports to China.