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.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation plans to announce its third quarter 2023 financial results on Wednesday, October 18, 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 results will begin at 5:00.

Alcoa Schedules Third Quarter 2023 Earnings Release and Conference Call

Shares of Alcoa (AA) sank after the aluminum producer announced Executive Vice President and Chief Operating Officer (COO) William Oplinger would be the company's new CEO.

Alcoa Names a New CEO, and Shares Drop

Alcoa (NYSE:AA), the Pittsburgh-based aluminum producer, has named William Oplinger as its new president and CEO, effective immediately, the company announced.  Oplinger, 56, previously served as an executive vice president and chief operations officer starting in February.

Alcoa stock slumps following CEO change

Shares of Alcoa Corp. slumped to a multiyear low Monday as the aluminum company said that Roy Harvey had been replaced as chief executive officer after seven years in the role.

Alcoa's stock rocked after unexpected CEO transition

Aluminum maker Alcoa has tapped William Oplinger to succeed Roy Harvey as chief executive. From the share price, investors aren't too happy.

Alcoa Surprises With a New CEO. The Stock Is Dropping.

The aluminum producer announced in a Monday press release that its current executive vice president is transitioning to president and CEO.

Aluminum producer Alcoa names new president and CEO

Alcoa Corp. AA, -6.46% said Monday it has named William F. Oplinger as chief executive, replacing Roy C. Harvey who will become strategic adviser to the CEO until Dec. 31.

Alcoa names COO William F. Oplinger as CEO

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) (the “Company”) announced today that William F. Oplinger has been elected to serve as President and Chief Executive Officer of the Company and as a member of its Board of Directors. Oplinger succeeds Roy C. Harvey, effective September 24, 2023, who will serve as Strategic Advisor to the Chief Executive Officer until December 31, 2023. Oplinger, 56, has served as the Company's Executive Vice President and Chief Operations Officer since Fe.

Alcoa Announces Leadership Transition

Toronto, Ontario--(Newsfile Corp. - September 20, 2023) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company") is pleased to announce that, effective September 25, 2023, it will be changing its corporate name to "Advanced Gold Exploration Inc." The Company's stock symbol on the Canadian Securities Exchange will also be changed to "AUEX", and the Company expects its shares will commence trading under the new name and ticker symbol on or about market opening on or about Monday, September 25, 2023. A new CUSIP number has been obtained to replace the previous CUSIP number.

Advance United Holdings Announces Name Change

Alcoa Corporation (NYSE:AA ) Morgan Stanley 11th Annual Laguna Conference September 12, 2023 3:50 PM ET Company Participants Molly Beerman - EVP & CFO Unidentified Analyst Hello. Welcome, and good afternoon.

Alcoa Corporation (AA) Morgan Stanley 11th Annual Laguna Conference (Transcript)

PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation today announced that is has named Caroline Rossignol as its new President. Alcoa Foundation invests in communities around the world where Alcoa Corporation has a presence. The Foundation contributes to programs that protect and preserve the environment while also promoting access to education and skill-building. Total contributions since 2017 exceed $40 million. Ms. Rossignol will be responsible for overseeing Foundation activities to invest where A.

Alcoa Foundation Announces New President

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation announced today that Molly S. Beerman, Executive Vice President and Chief Financial Officer, will participate on Tuesday, September 12, 2023, at the Morgan Stanley 11th Annual Laguna Conference in Dana Point, California. Beerman will make brief comments, beginning at 3:50 p.m. EDT, regarding Alcoa's business and the Company's outlook in the current market, including factors that may affect the present quarter's financial results. Her remarks will b.

Alcoa's Executive Vice President and Chief Financial Officer to Participate in Morgan Stanley 11th Annual Laguna Conference

VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- ISM Resources Corp. (CSE: ISM) (OTC: ISMRF) (FRA: Q3Q0) (the “Company” or “ISM”), is pleased to announce that it plans to change its name from “ISM Resources Corp.” to “Discovery Lithium Inc.” (the “Name Change”) to reflect the Company's recent acquisition of the Lithium prospective Serindac Lake and Vaubert Lake mineral claims. The Company expects the Name Change to take effect at market open on Friday, September 1, 2023.

ISM Announces Name Change To Discovery Lithium Inc.

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China's disappointing economic data and a surprise rate cut from the Central Bank dampen market sentiment. Long-term resistance on the 10-year U.S. Treasury yield at 4.30% is a key level to watch.

Wall Street's Freaky Season, Trading Updates And China's Disappointing Data

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - Burin Gold Corp. (TSXV: BURG) ("Burin" or the "Company") is pleased to announce that it will change its name to "INFINICO METALS CORP". (the "Name Change"), which is expected to take effect on August 23, 2023, subject to final acceptance of the TSXV Exchange Inc. (the "TSXV").

Burin Gold Announces Name Change and Appointment of New Officers

VANCOUVER, BC , Aug. 15, 2023 /PRNewswire/ - Alchemist Mining Incorporated (the "Company" or "LiTHOS") (CSE: LITS) is pleased to announce a name change from "Alchemist Mining Incorporated" to "Lithos Energy Ltd." (the "Name Change) effective today.

Alchemist Announces Name Change to LiTHOS Energy trading under the ticker symbol LITS

VANCOUVER, BC , Aug. 11, 2023 /PRNewswire/ - Alchemist Mining Incorporated (the "Company" or "Alchemist") (CSE: AMS) is pleased to announce a name change from "Alchemist Mining Incorporated" to "Lithos Energy Ltd." (the "Name Change"), to be effective on August 15, 2023.

Alchemist Announces Name Change to Lithos Energy Ltd.

THE WOODLANDS, Texas--(BUSINESS WIRE)--Fuzionaire Diagnostics, Inc. announced today that it has changed its name to Fuzionaire Theranostics, Inc. (“Fuzionaire Tx”). Originally directed to make diagnostic radiopharmaceuticals for PET scans, the company's HetSiFA® library has become a powerful theranostics platform that can also make radioligand therapies. HetSiFAs, or heteroaromatic silicon-fluoride acceptors, are modular radiolabeling moieties that enable rapid prototyping of peptide-based ther.

Fuzionaire Diagnostics, Inc. Announces Name Change to Fuzionaire Theranostics, Inc. and Preclinical Oncology Pipeline

Aerospace supplier Universal Alloy on Wednesday persuaded a federal jury in Atlanta to reject accusations from Alcoa spinoffs Arconic Corp and Howmet Aerospace that it stole trade secrets related to aluminum parts used in aircraft wings.

Universal Alloy wins Alcoa trade-secret trial over airplane wing parts

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced that it has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. The company's current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa. Bacchi will lead the Company's sales and trading, marketing, supply chain, commercial operations, procurement, and transportation. He previously served as Chief Strategy & Innovation.

Alcoa announces new Chief Commercial Officer

Alcoa Corporation (NYSE:AA ) Q2 2023 Earnings Conference Call July 19, 2023 5:00 PM ET Company Participants James Dwyer - VP, IR Roy Harvey - President and CEO Molly Beerman - EVP and CFO Conference Call Participants Alex Hacking - Citi Carlos de Alba - Morgan Stanley Timna Tanners - Wolfe Research Lucas Pipes - B. Riley Securities Chris LaFemina - Jefferies Michael Dudas - Vertical Research Katja Jancic - BMO Capital Markets Bill Peterson - JPMorgan John Tumazos - John Tumazos Independent Research Operator Good afternoon, and welcome to the Alcoa Corporation Second Quarter 2023 Earnings Presentation and Conference Call.

Alcoa Corporation (AA) Q2 2023 Earnings Call Transcript

Alcoa (AA) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to earnings of $2.67 per share a year ago.

Alcoa (AA) Reports Q2 Loss, Tops Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported second quarter 2023 results that included higher sequential revenue as increased shipments outweighed lower average realized pricing. Second Quarter Generated revenue of $2.68 billion Posted Net loss attributable to Alcoa of $102 million, or $0.57 per share, an improvement of 56 percent sequentially Recorded Adjusted EBITDA excluding special items of $137 million Finished the second quarter with a cash balance of $1.0 bill.

Alcoa Corporation Reports Second Quarter 2023 Results

TORONTO, ON / ACCESSWIRE / July 18, 2023 / Galway Gold Inc. (TSXV:GWM) (the "Company" or "Galway") is pleased to announce that it has made an application to the TSX Venture Exchange ("TSXV") to change the Company's name to "Montauk Metals Inc." (the "Name Change"). Pursuant to the Name Change, the Company's securities are expected trade on the TSXV under the ticker ‘MTK'.

Galway Gold Announces Name Change to Montauk Metals Inc.

On Friday, J.P. Morgan analyst Bill Peterson downgraded Alcoa shares to Hold from Buy.

News for Alcoa Stock (AA)