ARNC News and Press, Arconic Inc. From 03/17/22

Aluminum prices rise for a second straight day on hopes of economic stimulus in China, the biggest consumer, but the London Metal Exchange's attempt to reopen trading in the nickel market was delayed for hours due to problems with the LME's electronic system. According to Reuters, LME benchma...

Aluminum prices in London are higher Friday but down 10% this week in volatile commodity market trading, according to Reuters, after uncertainty about exports from Russia pushed prices to record highs. London Metal Exchange benchmark aluminum recently was (LMAHDS03:COM) +1.4% at $3,474/metric...

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) announced today that the Company will only conduct business in Russia that fulfills existing obligations in accordance with applicable laws, regulations and international rules. The Company is pausing ne...

Alcoa (NYSE:AA) +3.1% pre-market, looking to continue its scorching gains with aluminum prices surging to yet another record peak, as the war in Ukraine intensifies the threat of commodity supply disruptions from Russia. According to Reuters, three-month aluminum (LMAHDS03:COM) on the London ...

London aluminum prices jump to another all-time high, reaching as high as $3,525/metric ton before trimming gains to $3,416/ton, +1.7%, amid increased Western sanctions including blocking some Russian banks from the SWIFT international payments system. Century Aluminum (CENX +2.1%) pops to a ...

With tensions rising between Russia and Ukraine the JPMorgan Chase macro research team screened Tuesday for stocks facing positive and negative impacts from the situation. "Russia-Ukraine tension is a low earnings risk for US corporates, but an Energy price shock amidst an aggressive central ...

Prices for aluminum and nickel prices climb to multiyear highs in London, Reuters reports, after Russian President Vladimir Putin recognized breakaway regions in east Ukraine and sent troops into the area as "peacekeepers." Benchmark aluminum (LMAHDS03:COM) on the London Metal Exchange, alrea...

Arconic Corporation (ARNC) Q4 2021 Results Conference Call February 18, 2022 10:00 AM ET Company Participants Shane Rourke - Director, IR Tim Myers - CEO Erick Asmussen - EVP, CFO Conference Call Participants Corinne Blanchard - Deutsche Bank Curt Woodworth - Credit Suisse Emily Chieng - Gold...

Arconic (NYSE:ARNC) +0.3% pre-market after reporting a narrower Q4 loss than in the same quarter last year, although the $0.36/share result may not be comparable to the $0.49/share analyst consensus. Q4 net loss was $38M, compared with a year-ago net loss of $64M, as the 2021 figure includes ...

Arconic press release (NYSE:ARNC): Q4 GAAP EPS of -$0.36 misses by $0.85. Revenue of $2.1B (+40.0% Y/Y) in-line. Tim Myers, Chief Executive Officer, said, “While 2022 is starting with similar challenges, our end markets are strong and we expect to deliver another year of double-digit A...