Are stocks set to rip higher in the second half of 2024? Or will investors be in for a nasty October surprise? Market timing is tricky at any time, but particularly at a time when a single data point can swiftly swing investor sentiment from positive to negative or vice versa. That may be of interest to traders. However, buy-and-hold investors tend to follow a different plan. And that plan frequently includes finding blue chip stocks under $100.  Blue-chip stocks can have their moment, but they’re generally ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alcoa (AA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Alcoa is one of 222 individual stocks in the Industrial Products sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. ...

Loading...Loading...Morgan Stanley analyst Carlos De Alba has upgraded Freeport-McMoRan Inc FCX, Alcoa Corp AA, and Compañía de Minas Buenaventura SAA BVN to Overweight, citing persistent copper supply challenges and positive developments within these companies.Freeport-McMoRanDe Alba upgrades Freeport stock to Overweight. He expects the company to benefit from higher copper and gold prices, with a 26% upside to a $62 price target. FCX's delivery of the PT-FI smelter and the expected Grasberg mine agreement ...

Start Time: 09:10 January 1, 0000 9:35 AM ET Alcoa Corporation (NYSE:AA) JPMorgan Energy, Power and Renewables Conference June 18, 2024, 09:10 AM ET Company Participants Molly Beerman - EVP and CFO Conference Call Participants Unidentified Analyst Good morning, everyone, and welcome back to the 2024 JPMorgan Energy, Power and Renewables Conference. We are very grateful to be hosting Alcoa this morning, and we are joined by Molly Beerman, the company's CFO. And we have Jim Dwyer and Yolande Doctor from Inves ...

PALM BEACH, Fla., June 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The scrap metal markets are projected to continue to grow in the coming years. Scrap metals collected from various sources are raw materials used in metal recycling. Scrap metals are separated and processed several times to yield recycled metals. A report from Precision Reports said that the global Metal Recycling market was valued at US$ 292860 million in 2023 and is anticipated to reach US$ 386740 million by 2030, witness ...

Market Overview - The global vehicle armour materials market was valued at US$6.20 billion in 2023 and is projected to grow at a CAGR of 6.7% during the forecast period 2024-2034 [1] Key Drivers - The focus on weight reduction and mobility is a significant driver for the vehicle armour materials market, with military and law enforcement agencies seeking lightweight armour solutions that enhance fuel efficiency and mobility [2] - Advanced materials such as high-strength alloys, composites, and ceramics are being utilized to achieve weight reduction while maintaining high levels of protection [3] - The application of vehicle armour materials is expanding into civilian markets, with increasing demand in sectors like banking and VIP transportation [8] - Defence modernisation programs initiated by various countries are driving demand for advanced vehicle armour materials, focusing on upgrading military capabilities [9][10] - The expanding global military presence and operations are contributing to market growth, necessitating robust armoured vehicles for personnel safety in hostile environments [10][11] Innovations and Developments - Modern armoured vehicles require protection against a wide range of threats, leading to the development of hybrid armour systems and active protection systems [12][13] - Major players in the market are adopting strategies such as mergers and acquisitions, R&D investments, and new product launches to enhance their competitive position [14] Recent Developments - On March 11, 2024, Alumina Limited and Alcoa signed an agreement for an all-stock transaction [15] - On January 22, 2024, DuPont signed an exclusive agreement to supply body armour made with Kevlar® EXOTM aramid fibre to North American law enforcement departments [15]

VANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd. (TSX-V: GQ) (“Great Quest” or the “Company”) announces its intention to change its name to “Great Quest Gold Ltd.” (the “Name Change”). The Company’s ticker symbol will remain “GQ”. The Company will seek shareholder approval for the Name Change at its upcoming annual and general meeting of common shareholders scheduled for July 17, 2024 (the “AGM”). For further details regarding the AGM and/or other matters to be pres ...

The Copper Trade Is Done. Buy These 8 ‘Greenflation’ Stocks Instead. ...

BALTIMORE, May 23, 2024 (GLOBE NEWSWIRE) -- Lawsuits have been filed alleging that a number of large corporate employers have offloaded billions of dollars in pension obligations to Athene Annuity and Life Company and/or Athene Annuity & Life Assurance Company of New York, subsidiaries of Athene Holding Ltd. (collectively, "Athene") in violation of ERISA. In addition to AT&T Inc. (NYSE:T), Lockheed Martin Corporation (NYSE:LMT), and Alcoa Corporation (NYSE:AA), against which lawsuits have already been filed ...

Alcoa Corporation Conference Call Summary Company Overview - Alcoa Corporation is a global pure play upstream aluminum company with operations in 27 locations across six continents, focusing on two business segments: alumina and aluminum [2][3] Key Developments - Alcoa announced a proposed acquisition of Alumina Limited, aiming for 100% ownership of the AWAC joint venture, with an equity value of approximately $2.2 billion and a premium of 13.1% to Alumina Limited's share price [4][5] - The acquisition is expected to enhance Alcoa's vertical integration across the aluminum value chain, providing stability throughout commodity cycles [5][10] Financial Metrics - In 2023, Alcoa reported production of 41 million metric tons of bauxite, 10.9 million metric tons of alumina, and 2.1 million metric tons of aluminum [5] - The transaction will simplify governance and operational flexibility, increasing Alcoa's economic interest in core Tier 1 assets [10][11] Strategic Priorities - Alcoa's strategic priorities include reducing complexity, driving returns for stockholders, and advancing sustainability [3] - The company maintains a strong balance sheet with investment-grade metrics, allowing for self-funding of capital requirements and technology development projects [6] Market Outlook - The near-term outlook for alumina prices is positive, reaching a two-year high of $423 per ton, driven by steady demand and supply concerns [17] - Aluminum prices have recently hit their highest level in a year, with strong demand in automotive and electrical sectors, although building construction remains challenged [18] Risks and Challenges - The Alumar restart has faced delays due to equipment reliability and personnel experience issues, while the San Ciprián site is under review for long-term viability or potential sale [15][16] - Political risks and trade uncertainties are increasing, impacting supply chains, but Alcoa has managed to navigate these challenges due to its global diversity [22][23] Sustainability Initiatives - Alcoa is focused on developing low-carbon and recycled content products, with ongoing R&D projects aimed at reducing carbon emissions and improving efficiency [6][9] - The company recognizes the growing importance of secondary aluminum demand and is exploring ways to participate in this market [30] Conclusion - The acquisition of Alumina Limited is seen as a strategic move to enhance Alcoa's position in the aluminum market, providing immediate value for shareholders and aligning interests [12][11] - Alcoa remains committed to long-term growth and sustainability, with a positive outlook for both alumina and aluminum markets [20][21]