ARNC News and Press, Arconic Inc. From 02/26/19

Arconic Inc. (NYSE: ARNC) today announced that Neil Marchuk will join the Company as Executive Vice President, Human Resources, effective March 1, 2019. He will join the senior leadership team that sets strategic direction for Arconic. Mr. Marchuk brings extensive experience leading the stra...

The news that Arconic ( ARNC ) would stop the sales process of the company after rejecting a $22.20/share bid from Apollo Global Management in January sent shares tumbling lower. A large driver of the rebound has been the betting on private equity interest. While the reasons that private equ...

We're only two-thirds of the way through February 2019, but the pace at which distressed U.S. firms are announcing dividend cuts has picked up considerably. Unlike what we saw in January 2019, however, the near-real time sources that we track for dividend cut announcements suggests that di...

Under the ASR agreement, Arconic (NYSE: ARNC ) will receive initial delivery of approximately 31.9M shares on February 21, 2019. More news on: Arconic Inc, Read more ...

Arconic Inc. (NYSE:ARNC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank, National Association, London Branch, to repurchase $700 million of Arconic’s common stock, pursuant to the share repurchase program previously au...

Arconic Inc. (NYSE: ARNC) announced that it today granted an award of 1,000,000 restricted stock units to new Chief Executive Officer John C. Plant, pursuant to its letter agreement with Mr. Plant, dated February 13, 2019, as well as an award of 385,000 restricted stock units to new Chief Op...

An investment of approximately $100M will be made by Arconic ( ARNC +1.1% ) to expand its hot mill capability and add downstream equipment abilities for manufacturing industrial and automotive aluminum products at its Tennessee Operations facility. More news on: Arconic Inc, Read m...

Approximately $100 million expansion supports Company’s strategy to capture growing demand for industrial products and automotive aluminum sheet Enhances capabilities and adds capacity backed by customer commitments Arconic Inc. (NYSE: ARNC) today announced an investm...

Arconic ( ARNC ) , the Pittsburgh, Pennsylvania-based producer of aluminum products just reported its fourth-quarter earnings. The company's sales and EPS came in higher than expected. However, rising costs are pressuring operating income from core business segments which means not a lot has ...

Arconic's (NYSE: ARNC ) flurry of news today - better than expected Q4 earnings, a new spinoff plan and a fresh round of stock buybacks along with a dividend cut - probably should have resulted in gains for the stock, but shares instead sank 3.3% because Acting CEO John Plant failed to pr...