ARNC News and Press, Arconic Inc. From 07/12/22

We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owne...

We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owne...

The S&P 500 is now officially in a bear market. 73% of all stocks are now down 20% or more, with the median stock down by -29.4%. The causes of today's rout were an inflation hangover and recession fears. The next shoe to drop could be a 75 bp hike in the Fed Funds rate. T...

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 ...