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Alcoa Inc (NYSE:AA) – Maximum Upside Limited To $14.50

Alcoa Inc (NYSE:AA) spent the second consecutive session in the narrow band of $13.30-65 and finally ended the day with a marginal loss of 1.32%. The outlook for the company was changed to positive from stable by Moody’s Investors Service and that change reflected the company’s improving trends in earnings and debt protection metrics as […]

Alcoa Inc (NYSE:AA) Acquires Decade Long Gas Deal amid Profits in 1Q2015

Alcoa Inc (NYSE:AA) has successfully reported profits in its 1Q2015. The profit is mainly thought to have come from the smelting division of the company, assisted little by exchange rates. The profits amounted to $195 million, which equaled 14 cents a share. The company had reported a loss of 16 cents a share, for the […]

Alcoa Inc (NYSE:AA) Looks Forward To Selling Its Stake in Jamalco to NOBLE GROUP LTD (OTCMKTS:NOBGF) For $140 Million

Boston, MA 10/16/2014 (wallstreetpr) – According to reports, Alcoa Inc (NYSE:AA) and NOBLE GROUP LTD (OTCMKTS:NOBGF) announced collectively that they had decided to sign a definitive agreement. According to this agreement, Alcoa World Alumina and Chemicals would have to sell 100% of its ownership stake in alumina refining joint venture and Jamalco bauxite mining to NOBGF. […]

Alcoa Inc (NYSE:AA) Produces Biggest Single-Piece Forged Aluminum Hull For Battle Vehicles As Part Of Its Joint Initiatives With Army

Boston, MA 10/14/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) disclosed that it has manufactured the globe’s biggest single-piece forged aluminum hull for battle vehicles. The company expects this to enhance the protection of troop. This is part of the joint initiatives with the U.S. army unveiled last year. Jointly Designed The company stated that the single-piece […]

Stocks To Watch: Biocept, Inc. (NASDAQ:BIOC), 3D Systems Corporation (NYSE:DDD); Alcoa Inc (NYSE:AA)

Boston, MA 10/14/2014 (wallstreetpr) – Cancer diagnostics firm Biocept, Inc. (NASDAQ:BIOC) and Rosetta Genomics, Ltd. (NASDAQ:ROSG) in a joint announcement dated 13th October disclosed that they have decided to collaborate by integrating their mutually complementary diagnostic platforms in order to offer patients more reliable and cost effective solutions to diagnose cancer. The collaboration would involve […]

Alcoa Inc (NYSE:AA) Unveils Biggest Aluminum-Lithium Plant In Indiana

Boston, MA 10/02/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) disclosed that it opened the world’s biggest aluminum-lithium plant in Indiana’s Lafayette. The plant would produce sophisticated third-generation aluminum-lithium alloys targeted towards the aerospace industry. Aerospace Industry The Alcoa Inc (NYSE:AA) said that it could see more manufacturers from the aircraft industry preferring lighter but stronger aluminum-lithium […]

Ford Motor Company (NYSE:F)’S F-150 Gives Birth To Steel V/S. Aluminium Battle For Auto Industry

Boston, MA 09/25/2014 (wallstreetpr) – The steel plant of ArcelorMittal SA (ADR) (NYSE:MT) located in rural area of Alabama is keenly looking forward to the response of Big Steel for aluminium; given the riding interest by carmakers. This year, the aluminium sector took pace with the announcement of Ford Motor Company (NYSE:F)’s mostly-aluminium new F-150 […]

Alcoa Inc (NYSE:AA) Signed $1 Billion Accord With The Boeing Company (NYSE:BA) For Products Supply

Boston, MA 09/15/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) recently announced joining hands with The Boeing Company (NYSE:BA) so as to facilitate plate products and aluminium products for latter’s commercial jetliners. Alcoa signed the multi-year accord with Boeing to materialize on the transaction worth over $1 billion. Alcoa’s Expansion Plan Amidst Cheap Aluminium Price Alcoa is […]

Alcoa Inc (NYSE:AA): It is as Rosy as Possible for Now

Boston, MA 07/23/2014 (wallstreetpr) – Michael Morris Buys Shares In a positive outlook for the Alcoa Inc (NYSE:AA) Director Michael Morris has bought 30,120 shares of the common stock for an average price of $ 16.54 per share. This is a good sign for the company, as other key holders of the company were busy […]

Alcoa Inc (NYSE:AA) Receives Price Target Boost

Boston, MA 07/16/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) received $17 per share price target from analysts at Zacks in the latest note to investors. The new price target suggests nearly 6 percent premium over the prevailing price of the stock. The analysts have Neutral recommendation on the stock. Bullish analysts Analysts at Zacks are not the […]

Alcoa Inc (NYSE:AA) In $1.1 Billion Jet Engine Deal

Boston, MA 07/14/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA), an aluminum company that has struggled with poor metal prices in the recent past, has announced a $1.1 billion business deal that could also be a stepping stone to some great business opportunities in the aerospace in the future. The company announced entering a deal with United Technologies […]

Alcoa Inc (NYSE:AA) Worried Over Warehousing Reforms

Boston, MA 07/04/2014 (wallstreetpr) – Alcoa Inc (NYSE:AA) warns that the approval of the proposed new warehousing rules will impact its premiums. The company has already raised the issue with the Securities and Exchange Commission and plans to address the matter with its investors. The company said that the warehousing reforms will increase the amount of […]