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.

ATOME Energy PLC (AIM:ATOM) has announced it will change its name, to ATOME PLC, to better reflect the company's focus on industrial-scale green fertiliser. The company said it will retain the current stock market ticker, ATOM, and its ISIN and SEDOL codes will remain unchanged.

ATOME announces name change to better reflect fertiliser focus

Century Aluminum

Alcoa and other depressed aluminum stocks bounced on news the European Union may impose a broader ban of imports from Russia.

AA Stock, Century Aluminum Jump On Russia Sanction Report

Alcoa (AA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Alcoa (AA): Strong Industry, Solid Earnings Estimate Revisions

Alcoa (AA) reports fourth-quarter 2023 results, wherein its revenues decline 2.6% year over year on weakness in the Alumina segment.

Alcoa (AA) Q4 Loss Narrower Than Expected, Revenues Miss

Alcoa's NYSE: AA prominence as a bellwether of the US economy faded over the last decade but should not be discounted. Alumina, aluminum, and the products made from them are leading indicators of the economy and have a story to tell today.

Is the bottom in for bellwether Alcoa?

Alcoa Corporation (AA) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Alcoa (AA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Alcoa (AA) Q4 Earnings: A Look at Key Metrics

Alcoa (AA) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.99. This compares to loss of $0.70 per share a year ago.

Alcoa (AA) Reports Q4 Loss, Misses Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported fourth quarter and full year 2023 results that demonstrate progress on key priorities. Financial Results and Highlights M, except per share amounts 4Q23 3Q23 FY23 FY22 Revenue $2,595 $2,602 $10,551 $12,451 Net loss attributable to Alcoa Corporation $(150) $(168) $(651) $(123) Loss per share attributable to Alcoa Corporation $(0.84) $(0.94) $(3.65) $(0.68) Adjusted net (loss) income $(100) $(202) $(405) $869 Adjusted (loss).

Alcoa Corporation Reports Fourth Quarter and Full Year 2023 Results

The shares of aluminum stock Alcoa Corp (NYSE:AA) are sliding today, after UBS initiated coverage with a "sell" rating and $29 price target, though BMO threw in a price-target hike to $30 from $28.

Alcoa Stock Receives Pre-Earnings Bear Note

Alcoa (AA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Alcoa (AA) This Earnings Season?

Evaluate the expected performance of Alcoa (AA) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about Alcoa (AA) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Alcoa (AA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Alcoa (AA) Q4 Earnings Expected to Decline

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced it plans to fully curtail production in 2024 at its Kwinana Alumina Refinery in Western Australia, with the process beginning in the second quarter. The Kwinana refinery has an annual nameplate production capacity of 2.2 million metric tons. The refinery has been operating at approximately 80 percent of its nameplate capacity since January of 2023. Matt Reed, Alcoa's Executive Vice President and Chief Operations Officer,.

Alcoa announces curtailment of Kwinana Alumina Refinery in Western Australia

In the most recent trading session, Alcoa (AA) closed at $31.73, indicating a -1.24% shift from the previous trading day.

Alcoa (AA) Stock Drops Despite Market Gains: Important Facts to Note

NEW YORK--(BUSINESS WIRE)--With great pleasure, we announce that our Firm, Labaton Sucharow LLP, will now be known as Labaton Keller Sucharow LLP. The addition of Chairman Christopher J. Keller to the Firm's name recognizes his stellar career as a renowned litigator and his strategic contributions to the Firm. Chris was appointed as the Firm's Chairman in 2019. In his role as Chairman, Chris has been responsible for establishing and executing upon the Firm's strategic priorities, including adva.

Labaton Sucharow LLP Announces Name Change

The Multidisciplinary Association for Psychedelics Studies Public Benefit Corporation (MAPS PBC) has announced that it has closed an oversubscribed Series A financing for more than $100 million led by Helena and that it is changing its name to Lykos Therapeutics. The wholly-owned subsidiary of MAPS recently submitted an Investigational New Drug application to the US Food and Drug Administration (FDA) for MDMA-assisted therapy for post-traumatic stress disorder (PTSD) which could be approved as soon as this summer with a launch to follow in late 2024.

MAPS PBC raises $100M and announces name change to Lykos Therapeutics

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation plans to announce its fourth quarter and full year 2023 financial results on Wednesday, January 17, 2024, after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the “Investors” section of Alcoa's website, www.alcoa.com. A link to the press release will also be on Alcoa's X handle @Alcoa at www.X.com/Alcoa. A conference call to discuss the financial result.

Alcoa Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024. Reed, who will be based in Western Australia, will lead Alcoa's global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmental management, productivity, cost management, and long-term strateg.

Alcoa appoints Matt Reed as EVP and Chief Operations Officer

Aluminum-production giant Alcoa Corp. AA, -1.86% on Monday said it expected a “benefit” to production costs related to two of its smelting facilities in New York and Indiana, after the U.S. government said that commercial-grade aluminum could qualify for a manufacturing-related tax credit. The company said it expected to “record a benefit in cost of goods sold” of between $35 million and $40 million after taxes, or 20 to 22 cents a share, related to the two facilities in the fourth quarter.

Alcoa sees ‘benefit' to costs, after government's clarification on tax credit

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) welcomes the U.S. Treasury Department's (Treasury) announced guidance on Section 45X of the Advanced Manufacturing Tax Credit, enacted as part of the Inflation Reduction Act (IRA). The Notice of Proposed Rulemaking (the Notice) clarifies that commercial grade aluminum can qualify for the credit, which was designed to incentivize domestic production of critical materials important for the transition to clean energy. In the fourth quarter.

Alcoa Welcomes Clarification of Advanced Manufacturing Tax Credit and Updates Fourth Quarter 2023 Outlook

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today welcomed decisions from the Western Australian (WA) Government that will allow the Company to continue bauxite mining and downstream alumina refining in the State, while also pledging to enhance the way it operates to meet evolving requirements and expectations. The government has announced that it will approve Alcoa's latest five-year mine plan – known as the 2023-2027 Mining and Management Program (MMP) – for its Huntly and Willo.

Alcoa Welcomes Decisions That Support Western Australian Operations

PITTSBURGH--(BUSINESS WIRE)--As part of a planned series of meetings with key stakeholders, representatives of the Spanish operating subsidiaries of Alcoa Corporation (NYSE: AA) will be meeting this week with representatives of the national and regional authorities in Spain to discuss financial losses at the San Ciprián complex, which consists of an alumina refinery and an aluminum smelter. The San Ciprián smelter was curtailed in January 2022 as a result of an agreement with the workers' repre.

Alcoa engages with Spanish government regarding San Ciprián complex

In the closing of the recent trading day, Alcoa (AA) stood at $25.12, denoting a -0.48% change from the preceding trading day.

Here's Why Alcoa (AA) Fell More Than Broader Market

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Level 14 Ventures Ltd. (CSE: LVL) ("Level 14" or the "Company") announces it will change its name (the "Name Change") to Copper Standard Resources Inc. ("Copper Standard") to better reflect the Company's strategic decision to focus on assembling quality copper/gold projects.

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