-
Analysts Weigh In On Alcoa's Q1 Results
Tuesday, April 12, 2016 - 12:42pm | 450Read More...Alcoa Inc (NYSE: AA) shares fell more than 4 percent after the company reported better-than-expected earnings for the first quarter, but missed analysts' sales estimates. The lightweight metals manufacturer posted first-quarter earnings of $0.07 per share ($0.05 above the Street's consensus) on...
-
Why Gabelli & Co Continues To Love Alcoa Stock
Friday, October 9, 2015 - 3:48pm | 331Read More...In a report issued Friday, analysts at Gabelli & Company reiterated a Buy rating on shares of Alcoa Inc (NYSE: AA). The report followed the announcement of the company’s third-quarter financial results, which took place Thursday evening. Shares of Alcoa were down more than 6 percent on...
-
Alcoa CEO: Competitive And Transformative Moves Shine Through 'Very Nicely' In Q1
Thursday, April 9, 2015 - 12:55pm | 404Read More...Alcoa Inc (NYSE: AA) came out with better-than-expected quarterly numbers on Wednesday on back of a turnaround in the company's smelting business. The company reported EPS of $0.14 for the quarter, compared to a loss of $0.16 in the same quarter last year. Revenue for the quarter came at $5.82...
-
Alcoa Inc. Q3 Beats Street Views; Touts Repositioning Strategy
Wednesday, October 8, 2014 - 5:23pm | 231Read More...Alcoa Inc. (NYSE: AA) kicked off the earnings season Wednesday, beating third-quarter Street views and touting its progress in shifting emphasis to value-added products. In the after-hours session, Alcoa changed hands recently at $16.37 a share, up nearly 2 percent. Chief Executive Klaus Kleinfeld...
-
Alcoa Earnings Preview: A Sign Of Earnings To Come?
Monday, July 7, 2014 - 7:39am | 864Read More...Each quarterly report from Alcoa (NYSE: AA) unofficially kicks off a new earnings season, though its reputation as a bellwether for coming earnings may be diminished by the fact that it no longer is a Dow Jones Industrial Average component. The company is scheduled to report its second-quarter...
-
Markets Slightly Lower As Bullard Hints Higher Rates Could Come Sooner Than Expected
Thursday, June 26, 2014 - 4:34pm | 2399Read More...U.S. stocks were little changed as investors digested comments coming from head of the Federal Reserve Bank of St. Louis. The Fed's Jim Bullard said that the 2.9 percent decline in the first quarter GDP is “giving me heartburn.” Bullard added that the worse than expected figure...
-
Stifel Nicolaus Comments On Alcoa Acquisition Of Firth Rixson
Thursday, June 26, 2014 - 3:20pm | 192Read More...On Thursday morning, Alcoa (NYSE: AA) announced that it will acquire Firth Rixson, a global leader in the production of aerospace jet engine components. Following the announcement, Stifel analyst, Paul Massoud issued a research note which provided some color on the deal. Massoud noted that the $2....
-
Alcoa To Acquire Firth Rixson; Shares Up 5%
Thursday, June 26, 2014 - 8:37am | 248Read More...Early Thursday morning, Alcoa (NYSE: AA) announced that it has entered into a definitive agreement with Firth Rixson to acquire the company for $2.85 billion. The deal will consist of a combination of $2.35 billion in cash and $500 million in common stock, as well as an additional $150 million...
