Alcoa News

Read Alcoa news updated daily from sources on the web. Local news in Alcoa, Tennessee.

Will This Upgrade Help Alcoa (AA) Stock Today? - NEW YORK (TheStreet) -- Alcoa Inc. is higher 0.37% to $13.42 in pre-market trading on Thursday, following a ratings upgrade to "sector perform" from "underperform" at RBC Capital. The firm upgraded the metal company's rating based on its recent performance in the alumina business and its GRP which, the firm says, has been stronger than expected. Must Read: Warren Buffett's 10 Favorite Growth ... - Thu, 17 Apr 2014

Alcoa Earnings: A Mixed Harbinger for This Earnings Season - Alcoa Inc. (NYSE: AA) is no longer a Dow Jones Industrial Average component, but it is still the first of the large earnings reports. Prior to Tuesday, the aluminum giant’s shares were down about 5% or ... - Tue, 08 Apr 2014

Alcoa Earnings Outlook: What to Expect, a 360-Degree View - Alcoa may no longer be a Dow Jones Industrial Average component, but it is still the first of the large stocks that the stock market tries to use as an earnings season indicator or as an economic indicator.... - Tue, 08 Apr 2014

Fitch downgrades Alcoa's credit to 'junk' status - Fitch Ratings Service downgraded Alcoa's credit rating to "junk" status on Friday, saying it thinks the company's leverage will stay high and aluminum prices and profitability will remain low. ... - Fri, 11 Apr 2014

Alcoa Cut to Junk by Fitch Amid Aluminum Glut - Alcoa Inc. (AA) , the largest U.S. aluminum producer, was cut to junk by a second ratings company as a global oversupply of the metal hampers profitability. - Fri, 11 Apr 2014

Alcoa posts 1Q loss on smelter, mill shutdowns - DALLAS (AP) — Alcoa Inc. lost $178 million in the first quarter as revenue fell on lower aluminum prices, but profit beat expectations after excluding charges to idle capacity at aluminum smelters and mills. - Tue, 08 Apr 2014

Alcoa Earnings Preview: Low Aluminum Prices Will Weigh On Results - We expect the company to report lower year-over-year revenues and profits. This is on account of lower aluminum prices as well as restructuring charges associated with shutdown of smelting capacity. The flat-rolled and engineered products divisions may partially offset the negative impact of low aluminum prices on the primary metals business. - Tue, 08 Apr 2014

Alcoa earnings beat estimates after special items, shares rise - Alcoa Inc reported a decline in first quarter adjusted profit on Tuesday as aluminum prices dropped. But earnings came in ahead of analysts' expectations, and the aluminum producer's shares rose in trading after the bell. The top line was slightly below estimates, but the bottom line was significantly better," said Stephen Massocca, fund manager at Wedbush Morgan in San Francisco. Stubbornly low ... - Tue, 08 Apr 2014

Will This Downgrade Hurt Alcoa (AA) Stock? - NEW YORK (TheStreet) -- Alcoa shares were downgraded to "junk" by analysts at Fitch Ratings. The firm maintained a stable outlook for the company.Despite the downgrade, Alcoa shares are climbing, up 0.24% to $12.57, in after hours trading on Friday. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially ... - Fri, 11 Apr 2014

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William Blount baseball downs Alcoa as relievers turn corner - Maryville Daily Times - ... varsity experience. William Blount and Alcoa avoided a replay of that 40-something run, four-hour game from an April night six years ago with only one run plating the final four innings as WB took a 10-6 win over Alcoa Tuesday night at Charlie ...Medic to hold blood drives in Blount - The Daily Times - Wed, 23 Apr 2014

Alcoa Q1 Profit Comes In Above Expectations Despite Continued Drag From ... - Forbes - The unit that once prompted one Deutsche Bank Deutsche Bank analyst to write an ode to the value of its spinoff, primary metals, has proven to be a continued thorn in Alcoa's Alcoa's side. This is one of the conclusions from the aluminum producer's ...Alcoa Sees Almost Decade-Long Aluminum Surplus Ending - BloombergAlcoa Inc (NYSE: AA) Q1 Earnings Call: Top 4 Things To Watch [VIDEO] - International Business TimesFor Alcoa, Aluminum Cars Are a Pickup - Wall Street JournalMarketWatch (blog) - -  -24/7 Wall St. - - Wed, 09 Apr 2014

Alcoa's OspreyCam watching new pair at Narrows Dam - Salisbury Post - People from across North Carolina and around the world once again have a front-row seat to watch a pair of osprey nesting atop the Narrows Dam at Badin Lake. Alcoa's popular OspreyCam returns for the third year to provide live coverage of osprey ... - Thu, 24 Apr 2014

S&P affirms BBB- rating for Alcoa, says outlook negative - Platts - "Our ratings on Alcoa reflect the company's improved operating performance despite prolonged weakness in aluminum prices," S&P said. "Alcoa has successfully implemented material cost-cutting measures and captured operating efficiencies that have ... - Thu, 24 Apr 2014

Alcoa Cut to Junk by Fitch Amid Aluminum Glut - Bloomberg - “Alcoa is aggressively transforming the company -- building out our value-add businesses and improving our competitive position by lowering the cost base of our commodity business,” the company said yesterday in an e-mailed statement. “Our debt is at ...Fitch Cuts Alcoa's Rating Into Junk Territory - Fox BusinessWill This Downgrade Hurt Alcoa (AA) Stock? - TheStreet.comAlcoa Cut to Junk by Fitch as Aluminum Glut Hampers Earnings - BusinessweekReuters -  -Business Wire (press release) - - Fri, 11 Apr 2014

Ford F-150 Alcoa Connection - Pittsburgh Post-Gazette - While the new F-150 is sure to be popular with truck buyers in Western Pennsylvania, its creation can be credited, at least in part, to a company that calls Pittsburgh home: Alcoa, Inc. The company not only has its headquarters in a state-of-the-art ... - Thu, 17 Apr 2014

Fitch Downgrades Alcoa To Junk Status - Bidness Etc - Fitch Ratings downgraded Alcoa Inc.'s (AA) credit rating on Friday after the closing bell. The credit rating agency cited Alcoa's financial constraints, including falling aluminum prices as the primary reasons behind its decision to downgrade the ...Fitch Downgrades Alcoa's Credit To "Junk" - Chem.InfoFitch downgrades Alcoa to BB+ on global oversupply - American Metal Market - Mon, 14 Apr 2014

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