Alcoa

Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. It operates through the following segments: Bauxite, Alumina, and Aluminum. The Bauxite segment represents the company’ global bauxite mining operations. The Alumina segment includes the company’s worldwide refining system, which processes bauxite into alumina. The Aluminum segment combines smelting and casting operations to produce primary aluminum. The smelting operations produce molten primary aluminum, which is then formed by the casting operations into either foundry ingot or into value-add ingot products, including billet, rod, and slab. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

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Alcoa reports Q4 loss, focuses on safety and market challenges

Alcoa faced a net loss in Q4 2022 but returned capital to stockholders and simplified its reporting structure for 2023.
The company highlighted safety, operational highlights, and strategic restarts while addressing market challenges.
Confidence in new leadership appointments and a positive outlook on aluminum demand and market opportunities.
Challenges in cost structures, energy prices, and bauxite quality require effective solutions for sustainable growth.

Alcoa reports improved Q1 earnings, focuses on sustainability and operational challenges

Alcoa's Q1 2023 Earnings Call highlighted improved financial performance, strategic initiatives towards sustainability, and operational challenges in capacity restarts and market dynamics. The company remains focused on responsible mining practices, innovation in low-carbon products, and addressing challenges in the alumina and aluminum markets. Alcoa's progress in financial metrics, operational updates, and long-term strategies underscore its commitment to sustainable growth and market leadership.

Alcoa reports revenue growth and cost challenges amid market uncertainties

Alcoa's Q2 performance showed revenue growth and improved net loss, but faced challenges from cost pressures and market uncertainties.
The company is leveraging strengths like new contracts, demand for low-carbon products, and cost-saving initiatives to navigate the current environment.
Opportunities lie in operational improvements, market influence efforts, and balanced global markets for aluminum and alumina.

Alcoa reports Q3 loss, eyes aluminum demand rebound in 2024

Alcoa's Q3 performance showed a net loss but highlighted operational achievements and strategic focus.
The company is addressing challenges while aiming to capitalize on opportunities in the aluminum market.
Strategic initiatives focus on cost control, operational improvements, and long-term growth strategies.
Analysts and investors are closely monitoring Alcoa's progress and future outlook.

Alcoa reports stable Q4 revenue, eyes EBITDA growth opportunities

Alcoa's financials showed mixed results in Q4 2023, with revenue flat but improved EBITDA.
The company faces challenges with cash preservation at San Ciprian and cost reduction efforts.
Opportunities lie in production expectations for 2024 and doubling EBITDA in the next 2 years.
Alcoa's focus on safety, production records, and low-carbon solutions are key strengths.

Alcoa to acquire Alumina Limited, reports stable Q1 performance

Alcoa's Q1 performance showed stable revenue, improved safety, and operational achievements, with a focus on cost savings and shareholder value enhancement.
The company faces challenges in asset sales, cash flow management, technology implementation timelines, and achieving profitability targets.
Opportunities lie in the pending acquisition, market outlook, operational progress, and potential cost benefits, driving optimism for Alcoa's future.
Overall, Alcoa remains resilient amidst challenges, leveraging strengths in market conditions and strategic initiatives to navigate the industry landscape.

Alcoa reports strong Q2 earnings, poised for growth amid market strength

Alcoa's Q2 2024 earnings call highlighted robust financial results, strategic acquisitions, operational excellence, and positive market outlook. While challenges in managing expenses and addressing analyst inquiries exist, the company is well-positioned to capitalize on market strength and drive future growth through ongoing initiatives.

Alcoa reports strong Q3 performance, eyes growth amid market opportunities

Alcoa's Q3 showed strength in operational performance and strategic actions, though challenges in the Aluminum segment persisted. The company is capitalizing on opportunities in the alumina market and profitability improvement programs. With a positive market environment and strategic updates, Alcoa is poised for growth.

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Alcoa Corp. engages in the mining of bauxite. The firm is also involved in the upstream aluminum industry. It operates through the Alumina and Aluminum segments. The Alumina segment consists of a refining system, including the mining of bauxite, which is then refined into alumina, a compound of aluminum and oxygen that is the raw material used by smelters to produce aluminum metal. The Aluminum segment is composed of smelting and casthouse system, as well as energy assets in Brazil, Canada, and the United States. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

Alcoa has experienced extreme swings in its stock price. Aluminum is a commodity and commodity producers depend on operating leverage to generate cash.

Alcoa: Wait For It To Become Cheaper

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In an outlook report issued Thursday, Moody's Investors Service lowered its 12-month sector rating on metals and mining stocks from stable to negative.

Why Moody's Turned Negative on Metals and Mining Stocks

Alcoa stock has declined by almost 22% over the past month (about 21 trading days) considerably underperforming the broader S&P 500 which remains down by about 9% over the same period.

What's Happening With Alcoa Stock?

Alcoa (AA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock Alcoa (AA) a Buy Now?

Alcoa has entered a difficult phase of the economic cycle as it now experiences lower demand, lower prices, and high input prices due to the lasting energy crisis. The good news is that Alcoa is a better company now with streamlined operations, much lower demand, and a plan to reduce money-losing operations.

Alcoa: The Huge Bull Case Beyond Current Gloom And Doom

Morgan Stanley is setting its sights on the mining and metal sector, with the brokerage earlier doling out bull notes to stocks that offer “deep value” and have strong earnings potential.

Analyst: Alcoa Stock Offers "Deep Value," Earnings Potential

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Stock Market: 3 Islands Of Strength In A Sea Of Red

Alcoa Corporation (NYSE:AA ) Morgan Stanley 10th Annual Laguna Conference Call September 14, 2022 4:45 PM ET Company Participants William Oplinger - Executive Vice President & Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Carlos De Alba Thank you very much for joining us in the fireside chat with Alcoa. Bill -- Bill Oplinger is the CFO of Alcoa.

Alcoa Corporation (AA) Morgan Stanley 10th Annual Laguna Conference (Transcript)

The aluminum producer's stock got sold off in sympathy with one of its materials peers.

Why Shares in Alcoa Crashed Today

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced new innovations in alloy development and deployment, further strengthening its position as a supplier of advanced aluminum alloys. The Company's innovations include the introduction of a new high-strength, 6000 series alloy, A210 ExtruStrongTM, that delivers benefits across a wide range of extruded applications, including transport, construction, industrial, and consumer goods. Alcoa also announced today that its C611 EZC

Alcoa announces innovations in alloy development and deployment

Zacks.com users have recently been watching Alcoa (AA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Alcoa (AA) Worth Betting on Now?

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that it has received certification from the Aluminium Stewardship Initiative (ASI) for its Poços de Caldas operations in Brazil. All of the Company's operating locations in Brazil are now ASI certified, which brings the global number of Alcoa sites that have earned ASI's Performance Standard certification to 17. Founded in 1965, the Poços de Caldas site was Alcoa's first venture in Brazil. It includes a bauxite mine, alum

Alcoa's Poços de Caldas location in Brazil Earns Certification from Aluminium Stewardship Initiative (ASI)

Ortho Regenerative Technologies Inc (CSE:ORTH) announced that it has changed its corporate name to ChitogenX Inc to better reflect the company's expanded clinical and commercial opportunities, mission, values, and core competencies. The company's shares are expected to begin trading on the Canadian Stock Exchange under the new name and new ticker symbol, CHGX at market open on or around September 12, 2022, the clinical-stage orthobiologics company focused on the development of novel soft tissue repair regenerative technologies noted.

Ortho Regenerative Technologies announces name change to ChitogenX

The aluminum market is cracking under global pressures.

Why Alcoa Stock Lost Momentum This Week

Despite a Q2 report that investors cheered, Alcoa shares are slumping with the broader market. However, Wall Street has an ambitious price target on the stock.

Is Alcoa A Buy After Strong Q2 Results And More Share Buybacks?

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a question-and-answer session at the Morgan Stanley 10th Annual Laguna Conference in Dana Point, California beginning at 6:45 p.m. Eastern Daylight Time (EDT) on Wednesday, September 14, 2022. The question-and-answer session will follow introductory comments regarding the Company's positioning and outlook in the current market environ

Alcoa's Executive Vice President and Chief Financial Officer to Participate in Morgan Stanley 10th Annual Laguna Conference

It's not a good day for the stock market, for copper and aluminum futures, or for Alcoa (NYSE: AA ). Regarding the last item on that list, AA stock is down almost 10% so far on Tuesday.

Why Is Alcoa (AA) Stock Down 10% Today?

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The materials sector sold off on recession fears.

Why Freeport-McMoRan, Steel Dynamics, and Alcoa Plunged Today

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it will curtail one third of its production capacity at its Lista smelter in Norway to mitigate high energy costs for the site. The Lista smelter has three potlines with an annual nameplate capacity of 94,000 metric tons per year. The curtailment of one potline, or approximately 31,000 metric tons, will begin immediately and is expected to be complete within 14 days. The employees will remain to complete an orderly shutdown of t

Lista Smelter in Norway to Partially Curtail to Offset Energy Costs

PITTSBURGH--(BUSINESS WIRE)--A strike action that affected Alcoa's Mosjøen smelter in Norway will end immediately, now that a solution has been reached on a labor dispute. The strike began on Monday, August 22, 2022, and affected numerous industrial plants representing the Norwegian electrochemical industry. Negotiations were between Industri Energi, which represents workers, and Norsk Industri, which is a federation of Norwegian industries that includes Alcoa. Now that the parties have reached

Labor strike ends at Alcoa's Mosjøen smelter in Norway

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PITTSBURGH--(BUSINESS WIRE)--A strike at Alcoa's Mosjøen smelter in Norway began today, August 22, 2022, after a collective agreement between Industri Energi and Norsk Industri was not reached by the agreed-upon deadline. The strike action is being implemented at several industrial plants that represent the Norwegian electrochemical industry. While the labor negotiations cover multiple locations, individual sites included in the strike action have their own Controlled Reduction Agreements. The

Strike at Alcoa's Mosjøen smelter in Norway commences

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When it comes to the economy and the stock market, the near term remains murky. It's possible the market has mostly factored in inflation, interest rate hikes and recession risks.

News for Alcoa Stock (AA)