PITTSBURGH, PA - JANUARY 7: An Alcoa logo is seen on glass at the corporate headquarters January 7, ... [+] 2009 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)2009 Getty ImagesAlcoa has fallen almost 60% since its peak of $92 in March 2022 as compared to a 33% increase in the S&P500 index during the same time. Alcoa’s downward stock price movement is much sharper compared to that for its peers, including Century Aluminum Co which is down 33%, and Kaiser Aluminum Corp down 28% in the perio ...

SAN DIEGO, Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Alcoa Corporation (NYSE: AA) to determine whether certain Alcoa officers and directors violated securities laws and breached fiduciary duties to shareholders. Alcoa Corporation produces and sells bauxite, alumina, and aluminum products.What Now: If you own shares of Alcoa Corporation and have lost money in your investment, contact us for more information about your rights.All representation is on a contingency ...

Group 1 - Robbins LLP is investigating Alcoa Corporation to determine if certain officers and directors violated securities laws and breached fiduciary duties to shareholders [1] - Alcoa Corporation is involved in the production and sale of bauxite, alumina, and aluminum products [1] - Shareholders who have lost money in their investment in Alcoa Corporation are encouraged to contact Robbins LLP for more information about their rights [1] Group 2 - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [2] - Since its inception in 2002, Robbins LLP has recovered over $1 billion for shareholders [3]

Group 1: Hims & Hers Health - Hims & Hers Health Inc. operates a telehealth platform offering a range of health and wellness treatments, including sexual health, skincare, and weight-loss solutions [2] - The company has seen accelerated growth due to the introduction of compounded GLP-1 injections for weight loss, priced at $199 per month, significantly lower than the market price of $1,300 [3] - In Q3 2024, Hims & Hers reported an EPS of 32 cents, exceeding consensus estimates of 10 cents by 22 cents, and revenues increased by 77.1% YoY to $401.56 million, surpassing estimates of $382.2 million [4] - Subscriber growth reached 2 million, a 44% increase YoY, and the company plans to acquire a compounding lab registered with the FDA [4] - The nomination of Dr. Marty Makary as the new FDA commissioner has positively impacted Hims & Hers shares [5] Group 2: Alcoa - Alcoa Co. is an aluminum producer experiencing rising demand due to recovery in packaging, automotive, and electrical industries, with aluminum prices increasing as inventories remain low [6] - The company reported Q3 2024 EPS of 57 cents, beating consensus estimates of 25 cents by 32 cents, while revenues rose 11.6% YoY to $2.90 billion, slightly below the $2.97 billion consensus [7] - Alcoa has increased its shipment projections for 2024 to between 12.9 million to 13.1 million metric tons, up by 0.2 million metric tons from previous estimates [7] Group 3: Vicor - Vicor Co. produces modular power components and systems, benefiting from the AI boom as its products are utilized in various electrical applications [9] - The company reported Q3 2024 EPS of 26 cents, exceeding consensus estimates by 13 cents, while revenues decreased by 13.6% YoY to $93.17 million, surpassing estimates of $85.23 million [10] - Vicor's power solutions are critical for high-demand AI processors, with the NVIDIA GH200 consuming up to 2,000 watts, positioning Vicor as a key player in the market [10] Group 4: Stride Inc. - Stride Inc. operates an online education platform and faced scrutiny from short-sellers but rebounded significantly after reporting strong earnings [11] - In fiscal Q1 2025, Stride reported an EPS of 94 cents, beating consensus estimates by 72 cents, with revenues rising 14.8% YoY to $551.08 million, exceeding estimates of $504.29 million [12] - The company raised its fiscal Q2 2025 revenue guidance to between $560 million to $580 million, compared to consensus estimates of $535.34 million [12]

Key Points Company and Industry Overview * **Company**: Alcoa Corporation (NYSE:AA) * **Industry**: Basic Materials, Aluminum Production * **Event**: Citi's 2024 Basic Materials Conference, December 4, 2024 Core Views and Arguments * **2024 Achievements**: Alcoa highlighted several key achievements in 2024, including the acquisition of Alumina Limited, resolution of the bauxite situation, and progress in rebuilding the company culture. * **2025 Priorities**: The company's main focus areas for 2025 are safety, operational excellence, rebuilding the high-performance culture, and capital allocation. * **Financial Performance**: Alcoa expects a net unfavorable impact of $20 million in EBITDA performance for the quarter due to various factors, including inventory write-downs and currency impacts. * **Market Conditions**: The company discussed various market conditions, including the Guinea bauxite situation, alumina prices, and the impact of tariffs and regulations on the aluminum market. Other Important Points * **Safety**: Alcoa achieved no fatalities and no serious or life-altering injuries in 2024 and intends to maintain this record in 2025. * **Operational Stability**: The company's operational stability improved significantly in 2024, and it expects to meet its production and shipment targets for the year. * **Deleveraging**: Alcoa repaid $385 million of debt in 2024 and plans to continue deleveraging in 2025. * **Capital Allocation**: The company's capital allocation framework includes returns to shareholders, transformation of the portfolio, and positioning for growth. * **Growth Ambitions**: Alcoa aims to grow organically and inorganically in areas where it can provide returns to shareholders that exceed its weighted average cost of capital (WACC). References * [1] * [2] * [3] * [4] * [5] * [6] * [7] * [8] * [9] * [10] * [11] * [12] * [13] * [14] * [15] * [16] * [17] * [18] * [19] * [20] * [21] * [22] * [23] * [24] * [25] * [26] * [27] * [28] * [29] * [30] * [31] * [32] * [33] * [34] * [35] * [36] * [37] * [38] * [39] * [40] * [41] * [42] * [43] * [44] * [45] * [46] * [47] * [48] * [49] * [50]

Core Points - The company 1329293 B.C. Ltd. has officially changed its name to Auranova Resources Inc. and has executed a share consolidation [3] - The consolidation ratio is set at one post-consolidation share for every 2.5 pre-consolidation shares, reducing the total from approximately 22,590,750 shares to about 9,036,296 shares [3] - The company has undergone a significant management and board reconstitution, with several key resignations and new appointments [5][6] Company Changes - The name change to Auranova Resources Inc. was approved and executed on November 6, 2024 [3] - A letter of transmittal has been sent to registered shareholders for the share consolidation process [4] - Jen Thor has resigned as President and CEO, and Arvin Ramos has resigned as CFO, along with several directors [5] New Appointments - Thomas Obradovich has been appointed as the new CEO, bringing over 42 years of experience in mining exploration and development [6][7] - Katharine Reid has been appointed as CFO, with over 30 years of experience in public accounting and auditing [6][9] - The board now includes Thomas Obradovich, Chris Taylor, and Timothy A. Young [6][8][10]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to _____ Commission File Number 1-37816 ALCOA CORPORATION (Exact name of registrant as specified in its charter) Delaware 81-1789115 (State or other ...

Core Insights - Alcoa reported Q3 2024 results with EBITDA of $455 million, a 6.5x increase year-over-year, and stock price increased by 75% over the last 12 months [1] - The company’s 2024 guidance includes alumina shipments projected between 12.9 million to 13.1 million metric tons, and aluminum segment shipments between 2.5 to 2.6 million tons [1] - Alcoa's stock has shown volatility with returns of 159% in 2021, -23% in 2022, and -24% in 2023, contrasting with the more stable Trefis High Quality Portfolio [1][2] Financial Performance - Net income rose from $30 million in the previous quarter to $135 million in Q3 2024, with EPS increasing from $0.16 to $0.57 [2] - Aluminum production increased for the eighth consecutive quarter, reaching 559,000 metric tons, a 3% sequential increase [2] - The acquisition of Alumina Ltd. on August 1 increased Alcoa's economic exposure to the alumina market, raising third-party sales from 2 million to approximately 6 million metric tons [2] Market Dynamics - Rising investments in renewable energy sectors, including electric vehicles and solar power, are driving aluminum demand [3] - Alcoa benefits from a strong balance sheet and lower energy costs due to its U.S.-based facilities compared to European competitors [3] - The company aims to enhance productivity and optimize assets, with a revised stock price estimate of $46 per share, approximately 10% above the current market price [3]

Core Points - Alcoa will trade ex-dividend on 10/29/24, with a quarterly dividend of $0.10 payable on 11/15/24, representing approximately 0.24% of the recent stock price of $42.02 [1] - The historical dividend data suggests that the current estimated annual yield of 0.95% may be a reasonable expectation going forward [1] - Alcoa's stock has a 52-week range with a low of $23.17 and a high of $45.48, with the last trade recorded at $41.34 [1] Market Performance - In recent trading, Alcoa shares are up about 0.3% on the day [2]

Group 1 - The article discusses the reinitiation of coverage on Alcoa Corporation (NYSE: AA) in April 2024, highlighting its potential benefits from sanctions against its largest competitor, Rusal [1] - It is anticipated that there will be an increase in global aluminum prices due to the competitive landscape [1] Group 2 - The investing group Beyond the Wall Investing offers features such as a fundamentals-based portfolio, weekly analysis from institutional investors, and alerts for short-term trade ideas based on technical signals [1] - The article emphasizes the importance of access to high-quality equity research reports, which can save investors thousands of dollars annually [1]