Alcoa Named Aluminum Industry Leader for 2013 NEW YORK--(BUSINESS WIRE)-- Alcoa ( NYS: AA ) was presented with the Industry Leadership Award for Aluminum at the inaugural Platts Global Metals Awards, sponsored by Platts, a leading global provider of energy, petrochemical and metals information. Show More Summary
State-of-the-Art Alcoa Facility to Cut in Half Energy Used to Recycle Aluminum for Forged Wheels New Plant Expected to Recycle 100 Million Pounds of Aluminum Each Year CLEVELAND--(BUSINESS WIRE)-- Alcoa ( NYS: AA ) announced today that...Show More Summary
Aluminum maker Alcoa and credit card issuer American Express square off in a battle of dividend fundamentals.
Dividend stocks outperform non-dividend-paying stocks over the long run. It happens in good markets and bad, and the benefit of dividends can be quite striking: Dividend payments have made up about 40% of the market's average annual return from 1936 to the present day. Show More Summary
Editor’s note: This article was published yesterday, post market close. With the first quarter’s earnings season essentially in the books, the bull run we’ve seen from the Dow Jones Industrial Average over the past weeks ran out of fuel as the blue chips finished down slightly by 0.1%, or 19 points. On a day with [...]
Editor’s note: This article was originally published yesterday, post market close. If you look through some explanations of why the Dow Jones Industrial Average (Dow Jones Indices:.DJI) failed to set a new record today, you’ll find a common theme: Investors are worried about a potential correction. Yet the problem with that hypothesis is that investors have [...]
Today, the Dow Jones Industrial Average is slowly continuing its upward climb. As of 1 p.m. EDT the Dow is up just 11 points, while the S&P 500 is up about two points. There were no U.S. economic releases today. The market is awaiting Wednesday’s release of the notes from the May 1 Federal Open [...]
American Express and Alcoa are today's Dow leaders.
Alcoa Foundation Presents Sustainability Awards to Young Talent at Intel ISEF 2013 Special Awards Ceremony PHOENIX--(BUSINESS WIRE)-- Alcoa Foundation announced six winners in two award categories, Power Economy and Using Metals, at the 2013 Intel International Science and Engineering Fair (Intel ISEF) in Phoenix. Show More Summary
By Soha Group: The big news for Alcoa (AA) recently was its announcement of production cuts as well as similar cuts by others in the industry. However, the price of aluminum on the London Metals Exchange (LME) is $1,863 per metric ton (3 month buyer) and has been trading in a tight range for the last month. Show More Summary
The aluminum industry has long been plagued by an overcapacity issue, with major players in the industry failing to attract enough demand to meet the supply they create. As a result, aluminum prices have not moved in a favorable (upwards) direction for the industry. A surprise call The overcapacity of the industry is why the [...]
Supply. Demand. Any basic economics class will start with these two words on the blackboard. They are the yin and yang of the market. Whenever one of these two items falls out of balance, it can take a major toll on companies that do business in that space. In recent years, certain sectors have been [...]
If you ask investors, most would say that growth is a good thing; growth adds value. Chief Executive Officers and board members largely believe that all growth is good as well. Unfortunately for shareholders, such a narrow view on the value-creating ability of growth can destroy shareholder value, especially when the growth comes from a [...]
Alcoa Reduces Greenhouse Gases by 23 Percent from 2005 Baseline Among Environmental Social, and Economic Achievements Listed in 11 th Annual Sustainability Report NEW YORK--(BUSINESS WIRE)-- Alcoa ( NYS: AA ) published its 2012 Sustainability Report, detailing the Company's global environmental, social and economic performance during 2012. Show More Summary
Alcoa Revises Schedule for Modernization of Baie-Comeau Smelter Initial work begins with permanent closure of Soderberg potlines NEW YORK--(BUSINESS WIRE)-- Alcoa ( NYS: AA ) announced today it is postponing construction of a new potline...Show More Summary
By MetalMiner: By Stuart Burns Alcoa (AA) announced this week it plans to “review 460,000 metric tons of aluminum smelting capacity over the next 15 months for possible curtailment in the face of massive global over-production.” TheShow More Summary
Robert Wilt Named President of Alcoa Global Primary Products
NEW YORK--(BUSINESS WIRE)-- Alcoa ( NYS: AA ) today announced that Robert Wilt, currently Chief Operating Officer of Alcoa's Global Primary Products (GPP) business, has been named President of Global Primary Products effective June 1. Show More Summary
Conflicting economic data once again has U.S. stock markets searching for direction. The National Association of Home Builders/Wells Fargo Housing Market Index climbed to 44 this month from 41 in April, another sign that the housing market is improving. On the flip side, manufacturing production fell 0.4% in April, and industrial output dropped 0.5%, which [...]
The basic materials sector is considered a risky one in which to invest due to exchange rates, commodity price volatility, import controls, governmental regulation, environmental policies and changes in consumer demand. The article compares...Show More Summary