Alcoa expects Q4 to be as strong as Q3, says CEO William Oplinger as shares spike after earnings
William Oplinger, Alcoa president and CEO, to talk earnings ahead of the investor call.
Alcoa, Ignis close to signing joint funding deal for Spain aluminium plant
Alcoa said on Wednesday it was "progressing" toward a strategic cooperation agreement with Spanish renewable energy company Ignis to fund the operation of the U.S. metal producer's aluminium plant in northwestern Spain.
Curious about Alcoa (AA) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Alcoa (AA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
NuLegacy Gold announces name change to Preservation Gold
NuLegacy Gold Corp (TSX-V:NUG) has announced plans to rebrand as Preservation Gold Corporation. The name change, which is pending shareholder approval, is part of broader efforts aimed at revitalizing the company's future, with major decisions scheduled for the upcoming October 7th Annual General Meeting (AGM).
Alcoa: American Industrial Giant On Improvement Track As Aluminum Demand, Price Grows
Alcoa has shown a turnaround as Q2 earnings improved, driven by aluminum's rising price and demand, and cost efficiencies implemented. The dividend has remained stable and should be sustainable as future earnings outlooks are positive. A lower debt-to-equity ratio vs key peers can indicate a healthier debt risk at this firm.
Alcoa: New Positives To Drive The Stock Higher
Alcoa's margin expansion and expected continued profitability through 2025 make it a promising investment with an attractive forward-looking valuation. Alcoa's acquisition of Alumina Limited further strengthens the company as a leader in the industry. Alcoa's ELYSIS technology presents a compelling opportunity further out in the future.
Alcoa's Financial Position Is Improving: Upgraded To A Buy Rating
Alcoa's strong Q2'24 performance was driven by favorable aluminum prices and cost-cutting, leading to improved margins despite lower volumes. Positive macroeconomic factors, including tariffs on Chinese imports and expected aluminum demand growth, create favorable conditions for Alcoa. Alcoa's financial position strengthened by inventory reductions and strategic asset sales. I believe management will use the raised cash to deleverage the balance sheet and enhance shareholder value.
Alcoa Stock Rises After Company Sells Stake in Saudi Arabia Joint Venture
Shares of Alcoa (AA) jumped Monday as the aluminum giant said it was selling its 25.1% stake in a joint venture with Saudi Arabia Mining Co., known as Ma'aden.
Alcoa to sell its 25.1% stake in Ma'aden joint venture for $1.1 billion
U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Ma'aden for $1.1 billion.
Alcoa Corporation (AA) Morgan Stanley's 12th Annual Laguna Conference (Transcript)
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.
Alcoa Corporation (AA) Presents at Jefferies Global Industrial Conference Call (Transcript)
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.
Down -8.54% in 4 Weeks, Here's Why You Should You Buy the Dip in Alcoa (AA)
The heavy selling pressure might have exhausted for Alcoa (AA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
