About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Alcoa (AA) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 17. On the other ...

The most recent trading session ended with Alcoa (AA) standing at $31.40, reflecting a +0.16% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.14%. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq increased by 0.17%.Shares of the bauxite, alumina and aluminum products company witnessed a gain of 12.97% over the previous month, beating the performance of the Industrial Products sector with its gain of 8.96% and the S&P 50 ...

Alcoa Corporation (AA) recently finalized a binding Scheme Implementation Deed ("Agreement") to acquire Alumina Limited in an all-scrip or all-stock transaction. The agreement, first announced in February, is expected to be completed in the third quarter of 2024.Headquartered in Southbank, Victoria, Australia, Alumina invests in bauxite mining, alumina refining and aluminum smelting operations primarily in Australia, Brazil and Spain.This latest deal highlights the strength of Alcoa’s long-standing partners ...

Key TakeawaysAlcoa has finalized a deal to buy Alumina Limited for about $2.2 billion.The deal, announced last month, will give Alumina shareholders a 31.25% ownership stake in the combined venture.The two companies have operated a joint venture called Alcoa World Alumina and Chemicals for decades, mining, refining, and smelting materials like bauxite and alumina around the world.The acquisition is set to be completed in the third quarter of 2024. Alcoa (AA), one of the world's largest aluminum producers, h ...

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA or “Alcoa”) today announced that it has entered into a binding Scheme Implementation Deed (the “Agreement”) with Alumina Limited (ASX: AWC), under which Alcoa will acquire Alumina Limited in an all-scrip, or all-stock, transaction. The Agreement terms are consistent with the previously agreed and announced transaction process deed (“Process Deed”). Consistent with the Process Deed, the Alumina Limited Board of Directors has recommended that Alumina Limited sha ...

Manufacturing remains a big part of America’s economy. The U.S. today is the second largest manufacturer in the world after China. According to data from The National Association of Manufacturers, the manufacturing sector accounts for 10% of U.S. gross domestic product (GDP), employs 13 million people, and generates $1.6 trillion a year through exports of manufactured goods to other parts of the world. Americans employed in the manufacturing sector earn an average annual salary of $98,846 and 93% of them ha ...

Alcoa (AA) closed the latest trading day at $26.32, indicating a -1.42% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.55%.Heading into today, shares of the bauxite, alumina and aluminum products company had lost 12.77% over the past month, lagging the Industrial Products sector's gain of 5.62% and the S&P 500's gain of 3.98% in that time.Invest ...

Alcoa Corporation (NYSE:AA) BMO 33rd Global Metals, Mining & Critical Minerals Conference February 27, 2024 9:30 AM ET Company Participants Bill Oplinger - President and Chief Executive Officer Conference Call Participants Katja Jancic - BMO Capital Markets Katja Jancic Good morning, everyone. Next up is Alcoa, which ranks among the largest aluminum and alumina producers globally, with assets in Australia, Europe, Iceland, South America and North America. This week, Alcoa also announced that it's going to b ...

Alcoa Corporation (NYSE:AA) BMO 33rd Global Metals, Mining & Critical Minerals Conference February 27, 2024 9:30 AM ET Company Participants Bill Oplinger - President and Chief Executive Officer Conference Call Participants Katja Jancic - BMO Capital Markets Katja Jancic Good morning, everyone. Next up is Alcoa, which ranks among the largest aluminum and alumina producers globally, with assets in Australia, Europe, Iceland, South America and North America. This week, Alcoa also announced that it's going to b ...