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Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss first quarter 2022 financial results on Tuesday, May 3, 2022 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial resul...
Aluminum prices and Alcoa stock have been on a tear since the pandemic lows. The elevated prices have called Alcoa's valuation into question but all signs point to further upside. Aluminum prices look set to cool down but should stabilize at higher levels as the major players work...
Arconic Corporation manufactures aluminum sheets, plates, extrusions, and architectural products for the ground transportation, aerospace, and packaging end markets. I expect that Arconic will be able to identify emerging technological and broader industry trends in the packaging and ...
Allegheny is heavily leveraged to the multiyear commercial aerospace recovery / expansion cycle, with higher content in engines and airframes. Exiting the commodity stainless steel business will boost margins and an improved pension situation should allow management to share upcoming ...
Arconic did a tremendous job in 2021 growing its business despite headwinds. 2022 is off to a rough start due to the war in Ukraine, which is further impacting key supply chains. However, ARNC is in a good position to grow its business long-term, with a valuation that has come dow...
Aluminum prices in London jumped following after Australia's announcement that it will ban exports of alumina and aluminum ores to Russia, raising fears of supply disruption of the metal. LME aluminum (LMAHDS03:COM) surged as much as 5.1% to $3,554/metric ton and recently traded +3.7% at $3,5...
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 ...
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Howmet Aerospace Inc. (NYSE:HWM) will announce its second quarter 2024 financial results on Tuesday, July 30, 2024. The press release and presentation materials will be available at approximately 7:00 AM ET on July 30, 2024, via the “Investors” section of the Howmet Aerospace websit...
Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Executive Chairman and Chief Executive Officer, will participate in Bernstein’s 40 th Annual Strategic Decisions Conference on Wednesday, May 29th, 2024, at 3:30 PM ET. A link to the real-time audio webcast of the...
Record Quarterly Revenue, Up 14% Year Over Year; Strong Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased Howmet Aerospace (NYSE:HWM): First Quarter 2024 GAAP Financial Results Revenue of $1...