|Bid||0.00 x 1800|
|Ask||0.00 x 1800|
|Day's Range||28.68 - 30.21|
|52 Week Range||28.12 - 62.35|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 16, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||54.80|
Saudi Arabian Mining Company helped Saudi Arabia's stock index gain ground in early trading on Sunday, while Dubai's market remained flat after falling to its lowest level in more than five years last ...
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Carl Icahn and George Soros think. Those hedge fund operators make billions of dollars each […]
LONDON (Reuters) - Insurance group Hiscox (HSX.L) and Spirax-Sarco Engineering (SPX.L) will be joining Britain's top share FTSE 100 (.FTSE) index as a result of this month's quarterly review, FTSE Russell ...
A Japanese aluminium buyer has agreed to pay a global producer a premium of $85 per tonne over the benchmark price for shipments in January to March, the lowest in more than two years, two sources involved in pricing talks said on Tuesday. Japan is Asia's biggest importer of aluminium and the premiums (PREM-ALUM-JP) for primary metal shipments it agrees to pay each quarter over the benchmark London Metal Exchange cash price set the benchmark for the region. The latest quarterly price negotiations began last month between Japanese buyers and global producers, including Rio Tinto, South32 Ltd and Alcoa Corp .
Alcoa (AA), the leading US-based aluminum producer, fell 9.0% in November. Alcoa has fallen 41% in 2018. Century Aluminum (CENX) and Rio Tinto (RIO) have fallen 54% and 6.3% year-to-date, respectively, based on their closing prices on November 30. In this part, we’ll discuss why Alcoa stock fell 9% in November.
NEW YORK, NY / ACCESSWIRE / November 28, 2018 / Metal stocks were suffering on Tuesday as Traders showed their growing concerns over Chinese demand waning and according to Bloomberg, “Soon-to-be-published ...
Alcoa Corp. (NYSE:AA) announced via a release that it entered into an amended and restated $1.5 billion revolving credit agreement earlier this month. "Our ability to successfully amend our revolving credit agreement reflects Alcoa'a improving financial profile," said Alcoa's executive vice president and CFO, William Opinger.
Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today announced that it entered into an amended and restated $1.5 billion revolving credit agreement on November 21, 2018.
China is the world’s biggest metal consumer. In 2015, metal prices fell due to concerns about Chinese demand. In 2018, concerns about China’s growth outlook have sent jitters across metal prices.
Commodity prices have whipsawed in 2018. Copper prices, which are seen as an indicator of global economic activity, reached a four-year high earlier in 2018 and topped $7,300 per metric ton. However, prices didn’t stay at those levels and fell below $6,000 per metric ton a few times. Despite the current sell-off wave in equity markets, copper hasn’t fallen below $6,000 per metric. Freeport-McMoRan (FCX) has fallen 42.7% in 2018 based on the closing prices on November 23. Freeport-McMoRan has followed copper lower.
The North American aluminum industry is going up against Quebec's powerful dairy lobby in a renegotiated NAFTA.
Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, announced today that Executive Vice President and Chief Financial Officer William Oplinger will participate in a question and answer session at the Goldman Sachs Global Metals & Mining Conference in New York, New York, on Wednesday, November 28, 2018, starting at 10:30 a.m. EST. A real-time live audio webcast of the session will be available on the “Investors” section of Alcoa’s website at www.alcoa.com. Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com.
Nespresso, part of food giant Nestle (NESN.S), aims to use sustainable aluminium in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto (RIO.L) (RIO.AX) announced on Monday. Both companies have faced criticism for adding to pressure on the planet, with campaigners saying Nespresso coffee machines are wasteful and many of the used capsules end up in landfill. Under the deal, Anglo-Australian Rio Tinto will supply aluminium produced with renewable power and respect for biodiversity to Nespresso, the world leader in the coffee pod market.
Nespresso, part of food giant Nestle, aims to use sustainable aluminium in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto announced on Monday. Both companies have faced criticism for adding to pressure on the planet, with campaigners saying Nespresso coffee machines are wasteful and many of the used capsules end up in landfill. Under the deal, Anglo-Australian Rio Tinto will supply aluminium produced with renewable power and respect for biodiversity to Nespresso, the world leader in the coffee pod market.
The Section 232 tariffs were President Trump’s first move in the trade war. Since then, President Trump imposed tariffs on $250 billion worth of Chinese goods. The US-China trade war and the general slowdown in China’s aluminum demand have taken a toll on aluminum prices, which hurt aluminum producers’ earnings.
As we noted in the previous part, US-based aluminum producers including Alcoa (AA) and Century Aluminum (CENX) have seen a selling spree this year despite President Trump’s Section 232 tariffs. Aluminum prices have also come under pressure. In this part, we’ll see what has been impacting aluminum prices.
Earlier this year, President Trump imposed a 10% tariff on aluminum imports and a 25% tariff on steel imports. The tariffs were imposed under the little-used Section 232 of the Trade Expansion Act of 1962. The Department of Commerce’s investigation found that steel and aluminum imports are a threat to US national security.
NEW YORK, NY / ACCESSWIRE / November 14, 2018 / U.S. equities saw losses on Tuesday as continued weakness in oil prices pressured energy stocks lower. Crude oil dropped for the 12th consecutive session, ...