Alcoa Corp. announced that as a result of a temporary power outage at the Warrick Operations smelter near Evansville, Ind., it has shut down one of the three potlines that are part of the Warrick aluminum smelter restart. The decision was made with a focus on safety and to protect the assets. Alcoa is assessing the effects of this event, including [...]
Alcoa Corp. today made discretionary contributions to its U.S. pension plans of $500 million, the gross proceeds of a recently closed debt offering. On May 17, 2018, Alcoa Nederland Holding B.V., a wholly-owned subsidiary of Alcoa, closed its offering of $500 million aggregate principal amount of 6.125 percent senior notes due 2028. The notes were [...]
Alcoa Corp. announced today that Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa, closed its offering of $500,000,000 aggregate principal amount of 6.125% senior notes due 2028. The issuer intends to use the net proceeds from the issuance of the notes for general corporate purposes, including to make mandatory or discretionary [...]
Alcoa Corp. announced today that Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa, has priced an offering of $500,000,000 aggregate principal amount of 6.125% senior notes due 2028. The sale of the notes is expected to be completed on May 17, 2018, subject to customary closing conditions. The issuer intends to use the net proceeds [...]
Alcoa Corp. announced today a proposed offering of senior notes by Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa. The timing of pricing and terms of the notes are subject to market conditions and other factors. The issuer intends to use the net proceeds from the issuance of the notes being offered for general corporate purposes [...]
Alcoa Corp. and Rio Tinto today announced a revolutionary process to make aluminum that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Alcoa, Rio Tinto and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, announced today that Roy C. Harvey, President and Chief Executive Officer, and William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate at the Bank of America Merrill Lynch Annual Global Metals, Mining & Steel Conference in Miami, Florida, on [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, will host a live audio webcast of its 2018 Annual Meeting of Stockholders to be held Wednesday, May 9, beginning at 10:00 a.m. EDT. The webcast and presentation materials will be available on the Investors section of Alcoa’s website http://investors.alcoa.com. A replay [...]
Alcoa Corp. : Net income of $150 million, or $0.80 per share Excluding special items, adjusted net income of $145 million, or $0.77 per share $653 million of adjusted earnings before interest, tax, depreciation, and amortization excluding special items Revenue of $3.1 billion $1.2 billion cash balance and $1.5 billion of debt, for net debt of $0.3 [...]
Alcoa Corp. plans to announce its first quarter 2018 financial results on Wednesday, April 18, 2018 after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the “Investors” section of Alcoa’s website, www.alcoa.com. A link to the press [...]
Alcoa Corp. today announced that its President and Chief Executive Officer Roy Harvey will present at the BMO Capital Markets 27th Global Metals & Mining Conference in Hollywood, Florida, on Tuesday, February 27, at 10:30 a.m. EST. Mr. Harvey’s presentation will be available through a live audio webcast on the “Investors” section [...]
Alcoa Corporation , a global leader in bauxite, alumina and aluminum products, today reported fourth quarter and full-year 2017 results. M, except per share amounts 4Q161 3Q17 4Q17 FY161 FY17 Revenue $2,537 $2,964 $3,174 $9,318 $11,652 Net income attributable to Alcoa Corporation $ $113 $ $ $217 Earnings per share attributable to Alcoa Corporation [...]
