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 is expected to publish its Q2 2024 results around July 17, reporting on a quarter that saw aluminum prices pick up notably. Alcoa stock has fared well this year, rising by 17% since early January.

Up 17% This Year, Will Alcoa Stock Gain Further Following Q2 Earnings?

Home Depot

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Investors should take Wall Street's view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company's future is bearish, that analyst could risk losing his or her job over a particular stock's rating.

3 Stocks Upgraded by Analysts: Home Depot, U.S. Steel, Alcoa

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced further progress on ELYSIS technology with Rio Tinto's plans to launch the first industrial-scale demonstration of the breakthrough technology, which eliminates all greenhouse gas (GHG) emissions from the traditional smelting process and produces oxygen as a byproduct. Established in 2018, ELYSIS is a technology partnership between Alcoa and Rio Tinto to advance technology first developed at the Alcoa Technical Center (AT.

Alcoa Announces Agreement on Industrial-Scale Demonstration of ELYSIS™ Carbon-Free Smelting Technology

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The S&P 500 continues to enjoy a solid run as the improving macro environment, coupled with the AI optimism and recent stock upgrades, provides solid support for risk assets. Last week, Goldman Sachs (NYSE: GS ) increased its year-end forecast for the S&P 500 Index to 5,600, up from the previous target of 5,200.

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Here is how Alcoa (AA) and Intellicheck Mobilisa, Inc. (IDN) have performed compared to their sector so far this year.

Are Industrial Products Stocks Lagging Alcoa (AA) This Year?

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) plans to announce its second quarter 2024 financial results on Wednesday, July 17, 2024, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the second quarter financial results on July 17, 2024, at 5:00 p.m. EDT, and the call will be webcast live via Alcoa's website, www.alcoa.com. The press release with financial results, and a related presentation, will be available on the “Investors.

Alcoa Schedules Second Quarter 2024 Earnings Release and Conference Call

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Morgan Stanley analyst Carlos De Alba has upgraded Freeport-McMoRan Inc FCX, Alcoa Corp AA, and Compañía de Minas Buenaventura SAA BVN to Overweight, citing persistent copper supply challenges and positive developments within these companies.

Copper Shortages Signal Bright Future For Freeport-McMoRan, Alcoa, Buenaventura: Morgan Stanley

Morgan Stanley analyst Carlos De Alba upgraded both aluminum producer Alcoa and copper miner Freeport-McMoRan stock to Buy from Hold. EVs and HVACs will drive up the metals' prices.

Buy Freeport-McMoRan, Alcoa Stocks to Bet on Copper, Aluminum, Says Analyst

Start Time: 09:10 January 1, 0000 9:35 AM ET Alcoa Corporation (NYSE:AA ) JPMorgan Energy, Power and Renewables Conference June 18, 2024, 09:10 AM ET Company Participants Molly Beerman - EVP and CFO Conference Call Participants Unidentified Analyst Good morning, everyone, and welcome back to the 2024 JPMorgan Energy, Power and Renewables Conference. We are very grateful to be hosting Alcoa this morning, and we are joined by Molly Beerman, the company's CFO.

Alcoa Corporation (AA) Presents at JPMorgan Energy, Power and Renewables Conference (Transcript)

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA or “Alcoa”) today announced that it has reached several key milestones in its acquisition of Alumina Limited (“Alumina”) and expects the transaction to be completed on or about August 1, 2024, subject to the satisfaction of customary conditions. The milestones include: Alcoa filed its definitive proxy statement with the Securities and Exchange Commission on June 6, 2024, and scheduled the Special Meeting of Shareholders to vote on the tra.

Alcoa Provides Update on Transaction Milestones for Acquisition of Alumina Limited

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in a webcast session at the JP Morgan 2024 Energy, Power & Renewables Conference in New York, New York, on Tuesday, June 18, 2024. At 9:10 a.m. EDT, Beerman will participate in a question-and-answer session regarding Alcoa's business, the announced acquisition of Alumina Limited, and outlook in the current market, including factors that could affect the Compa.

Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to participate in JP Morgan 2024 Energy, Power & Renewables Conference

VANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd. (TSX-V: GQ) (“Great Quest” or the “Company”) announces its intention to change its name to “Great Quest Gold Ltd.

Great Quest Announces Name Change

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PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. (NYSE: AA or “Alcoa”) today announced it has entered into a Deed of Amendment and Restatement (the “Amendment”) of the Scheme Implementation Deed previously announced March 11, 2024 (the “Agreement”) with Alumina Limited in relation to the acquisition of Alumina Limited (the "Scheme"). Alumina Limited shareholders will continue to receive the previously announced Scheme Consideration of 0.02854 New CHESS Depositary Interests (“New Alcoa CDIs") or equival.

Alcoa Announces Update on Acquisition of Alumina Limited

Alcoa Corporation (NYSE:AA ) BofA Securities 2024 Global Metals, Mining & Steel Conference Transcript May 14, 2024 3:00 AM ET Executives Bill Oplinger - President and CEO Analysts James Hetherington - Bank of America, Australian Sales Desk James Hetherington My name is James Hetherington, I'm from BofA's Australian Sales Desk. It's my great pleasure to introduce this afternoon Bill Oplinger, President and CEO of Alcoa Corp. As most of you will know, Bill has performed a number of roles at Alcoa over the past couple of decades, becoming President and CEO last year.

Alcoa Corporation (AA) Management Presents at BofA Securities 2024 Global Metals, Mining & Steel Conference (Transcript)

The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a rollercoaster ride. While the sector benefited from the post-pandemic economic recovery and increased demand for commodities, the tides have started to turn for these materials stocks to sell.

3 Materials Stocks to Sell in May Before They Crash & Burn

Alcoa Corp  (NYSE:AA) stock is down 3.1% to trade at $36.41 at last check, looking to snap a four-day win streak as it pulls back from an April 29, 52-week high of $38.20.

Alcoa Stock's Pullback May Not Last Long

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There are some undervalued materials stocks for investors to consider buying in May. These companies are well-positioned to benefit from rising demand and prices for raw materials and commodities.

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PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation President and Chief Executive Officer William F. Oplinger will participate in a webcast session at the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida, on Tuesday, May 14, 2024. At 3:00 p.m. EDT, Oplinger will deliver a presentation regarding Alcoa's business, the announced acquisition of Alumina Limited, and outlook in the current market, including factors that could affect the Company's present quarter's financial r.

Alcoa President and Chief Executive Officer William Oplinger to Participate in BofA Securities 2024 Global Metals, Mining & Steel Conference

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Recently, Zacks.com users have been paying close attention to Alcoa (AA). This makes it worthwhile to examine what the stock has in store.

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Alcoa Corp (NYSE:AA) stock is up 1.7% to trade at $35.86 this morning, after Morgan Stanley issued an upgrade to "equal weight" from "underweight," to go with a price-target hike to $36.50 from $28.50.

Analyst: Alcoa Stock Sports Strong Setup

The headline numbers for Alcoa (AA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for Alcoa Stock (AA)