SUGAR LAND, TX--(Marketwired - Oct 10, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Aluminum producer Alcoa Inc. (NYSE:AA) (Pittsburgh, Pennsylvania) reported overall improvement in the third quarter of 2013, as a solid operating performance led to productivity gains that helped overcome weak prices in the metal markets [...]
Alcoa (NYSE:AA) today reported a sequential and year-over-year increase in third quarter profit for 2013 driven by strong operating performance and productivity gains, in spite of lower metal prices. Alcoa reported third quarter 2013 net income of $24 million, or $0.02 per share, which includes $96 million of special items primarily tied to [...]
Alcoa (NYSE:AA) will hold a conference call on Tuesday, October 8, 2013 beginning at 5:00 p.m. (Eastern Time) to discuss Third Quarter 2013 results and business developments. The conference call will be webcast live via Alcoa's website, with presentation materials available on-line. Conference Call Information Time: 5:00 – 6:00 p.m [...]
Today, Alcoa Foundation announced a US$1.25 million internship program for 500 students in eight countries over the next two years. The program is a community-wide initiative involving several manufacturing companies and will be managed by the Institute of International Education (IIE). The goal is to provide unemployed youth with the experience to [...]
President Barack Obama has tapped Alcoa (NYSE: AA) Chairman and CEO Klaus Kleinfeld to join the President’s Advanced Manufacturing Partnership Steering Committee 2.0, part of a continuing effort to maintain US leadership in the emerging technologies that will create high-quality manufacturing jobs and enhance America’s global competitiveness [...]
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable November 25, 2013 to shareholders of record at the close of business on November 8, 2013 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2014 to shareholders of record at [...]
Alcoa (NYSE: AA) was awarded Metal Bulletin’s top innovation prize for the company’s breakthrough technology enabling the production of more aluminum-intensive vehicles. Alcoa’s invention, an aluminum bonding technology, won “Best Product Innovation” of 2013 at the publication’s Global Awards for Aluminium Excellence in Geneva. “Alcoa is honored [...]
For the twelfth year in a row, Alcoa (NYSE: AA) has been named to one of the most highly recognized and longest-standing global sustainability indexes, the Dow Jones Sustainability Indexes (DJSI). Alcoa was again recognized as the global aluminum industry sustainability leader and the North American leader in the aluminum sector. “At Alcoa [...]
Alcoa (NYSE: AA) has submitted a letter to the London Metal Exchange (LME) to comment on proposed warehouse rule changes and to recommend solutions to effectively address the business needs of aluminum producers and consumers. Commenting on the proposed changes, Alcoa Chairman and CEO Klaus Kleinfeld said, "The proposed changes to the LME [...]
The composition of the Dow Jones Industrial Average has no impact on Alcoa’s ability to successfully execute our strategy, and we remain focused on delivering shareholder value. We continue to grow our value-add businesses and capture growth opportunities in end markets like aerospace and automotive. At the same time we are optimizing our upstream [...]
Alcoa (NYSE:AA) today announced it will combine its group charged with recycling aluminum in the packaging market, Evermore Recycling, with its aluminum scrap purchasing group which recycles aluminum used in other markets such as aerospace, automotive, and industrial into a single organization -- “Alcoa Recycling” – to further increase the amount [...]
Tennessee Governor Bill Haslam, U.S. Senator Lamar Alexander, Congressman John Duncan and other local and state officials joined Alcoa (NYSE: AA) Chairman and CEO Klaus Kleinfeld today to break ground on a $275 million expansion of Alcoa’s Tennessee Operations to meet growing aluminum demand for auto production. Aluminum, already the number two [...]