ARNC News and Press, Arconic Inc. From 06/11/22

Beijing-based Kanzhun took the spot again among industrial gainers this week, while shipping stock led the decliners list. For the week ending June 10, The SPDR S&P 500 Trust ETF (SPY) was back in red (-5.05%) after two rare weeks of gains, which had followed a 7-week losing streak. ...

Alcoa (NYSE:AA) -4.9% in Friday's trading to a new YTD low, as aluminum prices plummet to their lowest in nearly six months, as concerns over the prospect of weak economic growth hit metals demand. Three-month aluminum on the London Metal Exchange (LMAHDS03:COM) recently traded -2.8% to $2,68...

The United Steelworkers said late Wednesday that members voted to ratify a new four-year contract with Arconic (NYSE:ARNC) covering roughly 3,400 workers at four plants in Indiana, Iowa, New York and Tennessee, avoiding a potential strike. The USW said the newly ratified contract increases wa...

Union Members Ratify Four-Year Agreement with Arconic PR Newswire PITTSBURGH , June 1, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that members ratified a new, four-year master contract with Arconic (NYSE: ARNC) covering roughly 3,400 wo...

Arconic is one of America's biggest producers of aluminum products. Automotive demand remains an issue on top of ongoing economic demand weakness. However, a lot has been priced in, and EBITDA, free cash flow, and other indicators are expected to rise rapidly after 2022. The v...

Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) has published its 2021 Environmental, Social and Governance (ESG) Report . The report, which can be downloaded from the ESG page of the company’s website, underscores the Company’...

Arconic (NYSE:ARNC) says it will look to sell its Russian operations, saying the war in Ukraine has made its position in Russia "untenable," and it expects to record a related charge of as much as $500M. Arconic's (ARNC) metallurgical plant in Samara, Russia, has been in operation since 1960 ...

Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that the Company will be pursuing the sale of its Russian operations. The Company undertook a thoughtful review of strategic alternatives given the limitations imposed on our operat...

Elliot Management has exited its positions in financial services firm Santander Consumer (NYSE:SAN) USA and Dell Technologies (NYSE:DELL) during the first quarter, according to a 13F filing dated Monday. The hedge funded also got rid of Diamond Offshore Drilling (NYSE:DO) in Q1. Meanwhil...

The United Steelworkers said that the union has entered into a tentative agreement with Arconic (NYSE:ARNC) on a new, four-year master contract that covers about 3,400 workers at Arconic facilities in Davenport, Iowa, Alcoa, Tenn., Lafayette, Ind., And Massena, NY. Th...