ARNC News and Press, Arconic Inc. From 08/24/20

Introduction The present Coronavirus-related shutdowns has hit the industrial sector harder than others. While the tech-heavy NASDAQ index repeatedly breaks new records, the industrial-focused DJIA index is still trading at a price of nearly 10% lower compared to the Pre-Coronavirus high...

Canada's deputy prime minister Chrystia Freeland unveils C$3.6B of retaliatory tariffs on U.S. aluminum products , matching dollar-for-dollar the costs of the Trump administration's new 10% import tariff on Canadian raw aluminum that will apply starting Aug. 16. More news on: Rio Tinto ...

"Canada was taking advantage of us, as usual," President Trump announced after imposing tariffs of 10% of Canadian aluminum. "Very unfair to our jobs and our great aluminum workers." More news on: Alcoa Corporation, Century Aluminum Company, Kaiser Aluminum Corporation, Commodities news, N...

Arconic Corporation (ARNC) Q2 2020 Earnings Conference Call August 4, 2020 10:00 AM ET Company Participants Shane Rourke - Director, Investor Relations Tim Myers - Chairman & Chief Executive Officer Erick Asmussen - Executive Vice President & Chief Financial Officer Co...

The following slide deck was published by Arconic Corporation in conjunction with their 2020 Q2 earnings Read more ...

Image source: The Motley Fool. Arconic Inc.   (NYSE: ARNC) Q2 2020 Earnings Call Aug 4, 2020 , 10:00 a.m. ET Operator Continue reading

Arconic (NYSE: ARNC ) : Q2 Non-GAAP EPS (excl. special items) of -$0.14 beats by $0.02 ; GAAP EPS of -$0.84 misses by $0.68 . Revenue of $1.19B (-38.0% Y/Y) misses by $90M . Adjusted EBITDA of $94M Shares -1.3% PM. Press Release More news on: Arconic Corporation, Earnings n...

Second Quarter 2020 Key Results Sales of $1.2 billion, down 38% year over year Net loss of $92 million, or $0.84 per share due primarily to special items, compared to net income of $5 million, or $0.04 per share in second quarter 2019 Adjusted EBITDA of $94 million, down 55% y...

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss second quarter 2020 financial results on Tuesday, August 4, 2020 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial results...

To the astonishment of many, the stock market staged a strong recovery in the second quarter. What or who deserves credit for this rapid rebound? While the coronavirus news was better than the worst fears, it was not universally positive. Many of the earliest, hardest hit states have seen a co...