Alcoa (NYSE: AA ) looks promising as an investment as the company returned to profitability. The good news is that Alcoa is expected to complete 2024 with a profit and continue its profitability in 2025. The company is likely toDavid focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. Th ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst ...

Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - Veta Resources Inc. (the "Company") announces that, further to its press releases of June 28, 2024 and August 21, 2024, and in connection with the reverse takeover of the Company by Metaworld Corporation (dba Syntheia), it has filed articles of amendment to change the name of the Company to "Syntheia Corp." (the "Name Change") and consolidate its issued and outstanding common shares (the "Common Shares") on the basis of 2.017753 pre-consolidation Co ...

Core Insights - Alcoa is divesting its 25.1% stake in the Saudi Arabia Mining Company (Ma'aden) to enhance long-term competitiveness [1] - The transaction will yield $1.1 billion in Ma'aden stock and cash, including approximately 86 million shares valued at about $950 million [1] - Alcoa shares experienced a rise of about 7% in morning trading and have increased approximately 20% over the past year [1] Group 1 - The joint venture with Ma'aden was established in 2009, creating the world's largest, lowest-cost fully integrated aluminum facility [1] - Alcoa's CEO stated that the divestment simplifies the company's portfolio and enhances visibility in the value of its investment in Saudi Arabia [1] - The deal is anticipated to close in the first half of the next year [1]

Alcoa Corporation (NYSE:AA) Morgan Stanley's 12th Annual Laguna Conference September 12, 2024 10:00 AM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Carlos De Alba Good morning everyone. Thank you for joining the conference. And Molly Beerman, Executive Vice President and CFO of Alcoa. Very happy to have you here with us and do this again. And so look, maybe for those folks that might not be as famili ...

Alcoa Corporation (NYSE:AA) Jefferies Global Industrial Conference Call September 5, 2024 1:20 PM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher LaFemina - Jefferies Christopher LaFemina All right. Thank you all for attending this session. It's my pleasure to host Molly Beerman, who is the CFO at Alcoa and it's going to be a fireside chat format between me and Molly, but we're going to give you an opportunity to ask some ...

1 | --- | --- | --- | --- | --- | |-------|-----------------------|-------|-------|-------------------------| | | | | | | | | Investor Presentation | | | | | | September 2024 | | | | | | | | | OUR VALUES | | | | | | Act with Integrity | | | | | | Operate with Excellence | | | | | | Care for People | | | | | | Lead with Courage | Cautionary Statement regarding Forward-Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking ...

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 June 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 _____ (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 201 Isabella Stree ...

Group 1 - Alcoa (AA) has experienced an 8.5% decline over the past four weeks, indicating significant selling pressure, but it is now in oversold territory, suggesting a potential trend reversal [1] - Wall Street analysts have strong consensus that Alcoa will report better earnings than previously predicted, with a notable increase in earnings estimates [1][3] - The Relative Strength Index (RSI) for Alcoa is at 29.93, indicating that the heavy selling may be exhausting, which could lead to a price rebound [2][3] Group 2 - There has been a 521.2% increase in the consensus EPS estimate for Alcoa over the last 30 days, driven by a strong agreement among sell-side analysts [3] - Alcoa holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [3]

Quite a few stocks stand out after exceeding Q2 earnings expectations this week with several sporting a Zacks Rank #2 (Buy) following their favorable quarterly reports.Furthermore, here’s a look at two of these buy-rated stocks that investors shouldn’t overlook after beating EPS estimates on Wednesday.Alcoa (AA) Integrated aluminum producer and bauxite miner Alcoa is appealing among the industrial products sector after Q2 EPS of $0.16 comfortably topped estimates of $0.11 per share. More importantly, this c ...