STAMFORD, CT--(Marketwired - Oct 24, 2014) - Finacity Corporation ("Finacity") announced today that it has appointed Judith S. Schrecker as a board director of the company. Schrecker recently retired as Chief Financial Officer of Alcoa's Global Rolled Products business. Alcoa (NYSE: AA) is a Fortune 200 global leader in lightweight metals [...]
Alcoa (NYSE: AA) today announced that it has reached an agreement to sell its ownership stake in the Mt. Holly aluminum smelter in Goose Creek, South Carolina, to Century Aluminum Company for $67.5 million in cash, plus an additional potential earn-out. Mt. Holly is owned 50.3 percent by Alcoa and 49.7 percent by Century. “While Mt. Holly is a [...]
Alcoa (NYSE: AA) and Noble Group Ltd (SGX: N21) today announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals (AWAC) selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140 million. AWAC will continue as the managing operator for [...]
Alcoa (NYSE:AA), a global leader in lightweight, high-performance metals, has produced the world’s largest single-piece forged aluminum hull for combat vehicles to improve troop protection as part of a joint Alcoa-US Army initiative launched last year. Announced in Washington, DC at the Association of the US Army Annual Meeting—the largest [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported a surge in third quarter profits as the Company’s repositioning continues accelerating. Alcoa is aggressively transforming its portfolio by building out its multi-material value-add businesses to capture profitable growth and by creating a lower cost, globally competitive commodity business [...]
Alcoa (NYSE:AA), a global leader in lightweight metals technology, engineering and manufacturing, today is officially opening the world’s largest aluminum-lithium plant in Lafayette, Indiana where it produces advanced, third-generation aluminum-lithium alloys for the aerospace industry. Aircraft manufacturers are increasingly turning to lighter and [...]
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable November 25, 2014 to shareholders of record at the close of business on November 7, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2015 to shareholders of record at [...]
Alcoa (NYSE:AA) will hold a conference call on Wednesday, October 8 beginning at 5:00 p.m. EDT to discuss third quarter 2014 results and business developments. The conference call will be webcast live via Alcoa's website, www.alcoa.com, with presentation materials available online at 4:15 p.m. EDT. Conference Call Information Time: ...
Alcoa (NYSE: AA), the inventor and global leader of forged aluminum wheels, said that it will roll out its lightest heavy-duty truck wheel in Europe to help fleets increase payload and fuel efficiency. Alcoa, the inventor and global leader of forged aluminum wheels (shown here), announced that it will roll out its lightest heavy-duty truck wheel [...]
Alcoa (NYSE:AA) today announced that it has priced its underwritten public offering of $1,250,000,000 aggregate principal amount of its 5.125% Notes due 2024. The offering is expected to close on September 22, 2014, subject to customary closing conditions. Net proceeds from this offering, after deducting underwriting discount and commissions and [...]
Alcoa (NYSE:AA) today announced the pricing of its public offering of 25,000,000 of its depositary shares ("Depositary Shares") at $50 per Depositary Share. Each Depositary Share represents a 1/10th interest in a share of Alcoa’s 5.375% Class B Mandatory Convertible Preferred Stock, Series 1, par value $1.00 per share ("Mandatory Convertible [...]
Alcoa (NYSE:AA) today announced that it has commenced an underwritten public offering, subject to market and other conditions, of 25,000,000 of its depositary shares ("Depositary Shares") (or up to 28,750,000 Depositary Shares if the underwriters of the offering exercise their over-allotment option in full). Each Depositary Share represents a [...]