ARNC News and Press, Arconic Inc. From 11/05/20

Third Quarter 2020 Key Results Sales of $1.4 billion, up 19% from prior quarter, down 22% year over year Net income of $5 million, or $0.05 per share, compared to a net loss of $24 million, or $0.22 per share, in third quarter 2019 Adjusted EBITDA of $165 million (refe...

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss third quarter 2020 financial results on Thursday, November 5, 2020 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial...

Aluminum prices (LMAHDS03:COM) are hovering near 18-month highs, with London Metal Exchanges three-month futures ending Friday at $1,863.50/mt, the highest closing level since April 2019.Other base metals also have been setting new highs on the LME, with tin touching a 15-month closing high o...

The U.S. will impose new tariffs on $1.96B worth of aluminum sheet products from 18 countries including Germany and Brazil after determining that the goods were being dumped, Commerce Secretary Ross says.The new tariffs are in effect now, even though the department's determination that there ...

The Trump administration says it is removing aluminum tariffs it imposed on Canada last month , as it reached an agreement to limit imports of raw Canadian aluminum into the U.S. More news on: Century Aluminum Company, Alcoa Corporation, Kaiser Aluminum Corporation, Commodities news, Stoc...

Arconic (NYSE: ARNC )   +5.4% pre-market as Deutsche Bank initiates coverage with a Buy rating and Street-high $32 price target , saying the company is a way for investors to gain exposure to lightweight vehicles and packaging dynamics in the U.S., where demand growth remains robust....

It's been a painful week for growth investors given significant declines in technology-oriented indexes and exchange traded funds. The NASDAQ 100 ETF ( QQQ ) fell over 11% from its intraday high this month to its intraday low this week, and returns were worse for software investors given the...

The SPDR S&P 500 Trust ETF ( SPY ) is tumbling following a massive rally that's taken a few breathers since March isn't surprising. Our service's sentiment indicator has been flashing warning signs for weeks, prompting us to highlight the risk of a pending market drop here and here. ...

Stocks have a tendency to rally further than anybody thinks, and animal spirits could continue rewarding being long, but rules governing risk control will be key when the music stops, so investors ought to be planning exit strategies now, while the going is good. If they don't, the risk of rea...

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...