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Advantages of Aluminum for Sustainable Transportation Outlined at Green Truck Summit
NEW YORK--(BUSINESS WIRE)--Medium and heavy duty commercial truck owners can increase the cargo capacity of their fleets, reduce fuel consumption and emissions, lower their maintenance costs and increase their resale value by using aluminum solutions, said an Alcoa executive who spoke today at CALSTART National Truck Equipment Association (NTEA) Green Truck Summit in St. Louis. Todd Summe, Division Manager, Product Design and Development at Alcoa, spoke at the session entitled, “Losing Wei
Alcoa Again Named Fortune Magazine’s Most Admired Metals Company
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has once again been named Fortune Magazine’s most admired metals company in the world. Alcoa has been named a most admired company for 27 years in a row. Fortune’s most admired ranking is the definitive report card on corporate reputation. The recognition appears in the March 22 “Global Most Admired Companies” issue of the leading U.S. business publication. In addition to being named the overall most admired in the metals industr
Marcos Ramos Named President, Alcoa Europe; Rudi Huber to Retire
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Marcos Ramos, 51, has been named President, Alcoa Europe effective March 8, 2010. He succeeds Rudi Huber, 56, who will retire after 29 years of service to Alcoa. Mr. Ramos will be responsible for coordinating the activities of all of Alcoa’s nearly 50 locations throughout Europe. In addition, he will continue as President, Global Primary Products – Europe, leading Alcoa’s smelters and refinery in Iceland, Italy, No
Alcoa Receives MCA Award for Distinctive Design of Los Angeles Performing Arts High School
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Alcoa Architectural Products (AAP) business received the Metal Construction Association’s President’s Award for Overall Excellence, an annual designation given for outstanding building projects. The MCA President’s Awards honors member companies, architects, contractors and fabricators that help achieve innovative, creative building design. AAP’s Reynobond® aluminum composite material was a key mat
New Power Contracts Create a Platform for the Future
AUSTRALIA--(BUSINESS WIRE)--Alcoa of Australia Limited and Loy Yang Power today announced new base-load electricity contracts to power Alcoa’s aluminum smelter at Point Henry, Geelong, and the Portland aluminum smelter to 2036. The contracts take effect in 2014 for the Point Henry (Geelong) smelter and in 2016 for the Portland facility. Alcoa of Australia’s Managing Director Alan Cransberg and Loy Yang Power Chief Executive Ian Nethercote agreed today’s announcement is a landma
Army Appoints Alcoa Defense to Fuel-Efficient Ground Vehicle Demonstrator (FED) Project
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been appointed by the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) to collaborate on the Army’s Fuel-Efficient Ground Vehicle Demonstrator (FED) project. In partnership with Ricardo Inc., Alcoa Defense will produce a tactical wheeled vehicle structure that significantly improves fuel efficiency while also maintaining survivability, performance and payload capability. “We are ho
Alcoa Participates in Product Lifecycle Greenhouse Gas Initiative
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is among 60 corporations pilot testing a draft protocol for accounting and reporting greenhouse gas (GHG) emissions across a product’s life cycle. The Greenhouse Gas Protocol Initiative is being launched by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). WRI and WBCSD have developed two new GHG Protocol standards, the Product Life Cycle Accounting and Report Standard a
Alcoa Defense Introduces Innovative Huck 360 and Bobtail Fasteners
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it will offer two new fasteners for the defense market – the Huck 360 and the Bobtail. Offering an unmatched durability, the fasteners will be introduced for military vehicle applications at the Association of the United States Army (AUSA) Winter Symposium and Exhibition in Ft. Lauderdale, Fla. “We are excited to be able to offer the military these innovative new fastening solutions,” said David Dobson, president
Alcoa Defense Debuts New Armor Solution at AUSA Winter
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the development of a new aluminum alloy armor plate solution – C79A. Designed to better protect soldiers in combat environments, C79A will be introduced for military vehicle applications at the Association of the United States Army (AUSA) Winter Symposium and Exhibition in Ft. Lauderdale, Fla. “For more than a century, Alcoa has been the world leader in aerospace alloy innovation,” said David Dobson, president, Alcoa
John Thuestad Elected Alcoa Executive Vice President and Group President Global Primary Products; Bernt Reitan to Retire
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Board of Directors has elected John Thuestad, 49, Executive Vice President and Group President of Global Primary Products effective March 1, 2010. He succeeds Bernt Reitan, 62, who will retire after nearly 40 years working in the aluminum industry. Mr. Thuestad will have overall responsibility for the strategic and operational management of Alcoa’s alumina refineries and primary aluminum smelters worldwide. He also will ha
Alcoa to Provide Recycling Bins Throughout U.S.
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it will provide 50,000 recycling bins to organizations and communities throughout the U.S. as part of its 2010 Recycling Bin Program. “Alcoa and the Aluminum Association have a goal of increasing the recycling rates of aluminum beverage cans in the U.S. from the current 54% to 75% by the year 2015,” said Greg Wittbecker, Alcoa Director of Recycling. “This bin distribution program is just one way that we’re
Colorful Alcoa Building Material Stands Out in Vancouver Olympic Village
NEW YORK--(BUSINESS WIRE)--Athletes participating in the 2010 Vancouver Olympic Games starting Friday in British Columbia will sleep, eat, and watch sporting events in buildings that include Alcoa’s energy–efficient, recyclable and colorful Reynobond® aluminum composite material (ACM). Athletes staying in the Olympic Village are housed in apartments that are clad in Alcoa Architectural Products’ Reynobond® ACM. The material, used on the facades of several buildings co
Alcoa and World Business Council for Sustainable Development Outline New Business Opportunities for Global Society to Be Sustainable by 2050
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and a diverse group representing 29 leading global companies across 14 industries today called on businesses around the world to develop strategies that would enable a global population of some 9 billion people to live well within the resources of the planet by 2050. Alcoa and the World Business Council for Sustainable Development (WBCSD) are partnering to provide companies with a pathway to reach a sustainable global society by 2050. The Council today
Alcoa Achieves Top Marks in Covalence Ethical Reputation Ranking
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has achieved the top spot in the Basic Resources category in the latest Covalence Ethical Rankings, a comprehensive study of the overall ethical performance of multinational corporations. Covalence’s reputation index, distributed by Thomson Reuters, Bloomberg and Capital IQ, is a barometer of how multinationals are perceived in the ethical field. Alcoa has been rated No. 1 in this category since the ranking began in 2005. Across
Chris L. Ayers Joins Alcoa in New Position as Chief Operating Officer for Alcoa Cast, Forged and Extruded Products
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Chris L. Ayers has joined the company as Chief Operating Officer, Alcoa Cast, Forged and Extruded Products. This new position was created as part of the re-alignment of Alcoa’s Engineered Products and Solutions (EPS) business to accelerate its growth platform and to support corporate initiatives. Mr. Ayers will be responsible for the Alcoa Forgings and Extrusions, Alcoa Power and Propulsion, and the Alcoa Oil and Gas businesse
Alcoa Re-Aligns Engineered Products and Solutions Business to Accelerate Growth Initiatives
Alcoa organization changes
Alcoa Honored For Customer-Supplier Relationship by Crown Cork & Seal
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Rigid Packaging Division was awarded the “Supplier Join-In Award” from Crown Cork & Seal North America, for the second consecutive year. Alcoa supplies the packaging producer with aluminum can sheet from its Warrick (Indiana) Operations and Tennessee Operations. Crown created the Supplier Join-In Award to strengthen its customer-supplier relationships in many areas from innovation to quality performance. The awar
Alcoa Recognized by Honda For Quality
Honda Motorcycle of Brazil gives quality supplier award to Alcoa.
Alcoa Announces Dividend and Stock Contribution to Pension Plans
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2010 to shareholders of record at the close of business on February 5, 2010 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2010 to shareholders of record at the close of business on March 12, 2010. Alcoa has paid a quarterly dividend on its common stock for more than
Alcoa Defense Hails the Commissioning of New Aluminum Navy Littoral Combat Ship
WASHINGTON--(BUSINESS WIRE)--Alcoa Defense, the defense industry’s leading supplier of aluminum, titanium and other light alloys, today hailed the commissioning of the first General Dynamics Littoral Combat Ship (LCS), the USS Independence. Designed and built by a team led by General Dynamics and Austal USA in Mobile, AL, the ship’s all-aluminum trimaran hull allows it to be faster and more agile than a conventional Navy ship. The ship’s amahs, or side pontoons, provide buoyant
Alcoa Helping Couple Reach Wedding Goals Through Aluminum Can Recycling
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) will donate 150,000 aluminum cans – or 4,500 pounds - to help a Spokane, WA, couple achieve their dream of paying for their upcoming wedding through recycling. When Peter Geyer and Andrea Parrish agreed to marry, they knew they needed to raise the money to make their July wedding plans a reality. So they tapped into their desire to protect the environment, and started a campaign to recycle aluminum cans to pay for the ceremony. And when Alc
Alcoa Finishes 4Q 2009 Strong; Free Cash Flow Positive, Revenues Up 18%
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it finished its fourth quarter 2009 free cash flow positive, the first such quarterly achievement since the second quarter of 2008 when the economic downturn began to impact results. The Company is ahead of its key financial goals for 2009, including being free cash flow neutral by the end of the year. In the fourth quarter of 2009, Alcoa generated free cash flow of $761 million, a $947 million improvement from the third quarter of 2009
Nicholas Ashooh Joins Alcoa as Vice President of Corporate Affairs
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Nicholas Ashooh, Senior Vice President of Communications at American International Group will join Alcoa on January 18, 2010 as Vice President, Corporate Affairs. He will be a member of the Alcoa Executive Council and have oversight for global communications, government affairs, community relations and the Alcoa Foundation. Mr. Ashooh succeeds John D. Bergen, who has been appointed Vice President, Human Resources. Alcoa’s Pres
Alcoa, BPA Reach Power Supply Accord for Intalco Smelter Helping Secure 528 Jobs
FERNDALE, Wash.--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the Bonneville Power Administration (BPA) have reached an agreement to provide power for the Intalco aluminum smelter in Ferndale, Washington. The agreement will help secure 528 jobs at the facility, along with the associated economic benefits to the local and regional economy. The new contract provides Alcoa with up to 320 megawatts (MW) of power at the Industrial Power (IP) rate and will allow the plant to produce a total of 184,000 metric
Alcoa Announces Partnership with Ma’aden to Develop Lowest-Cost Aluminum Complex in the World
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has formed a joint venture with Ma’aden, the Saudi Arabian Mining Company, to develop a fully integrated, world-class aluminum industry in the Kingdom of Saudi Arabia. The joint venture will become the world's preeminent and lowest-cost supplier of primary aluminum, alumina and aluminum products, with access to the growing markets of the Middle East and beyond. In its initial phases, the joint venture will develop a fully integr
Alumar Alumina Refinery Expansion Dedicated
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has inaugurated the expansion of the Alumar alumina refinery in northern Brazil, where capacity more than doubled from 1.5 million metric tons per year (mtpy) to 3.6 million mtpy. Alcoa’s share of the expansion will be 1.1 million mtpy. The expansion capacity at the refinery will be in the first quintile of low cost alumina production globally. Alumar, located in Maranhão state outside São Luis, Brazil, is jointly owned by Alcoa Aluminio
Alcoa 2009 Worldwide Month of Service: Alcoa Employees Rally in Record Numbers for Their Communities
NEW YORK--(BUSINESS WIRE)--On International Volunteer Day, Alcoa President and CEO Klaus Kleinfeld congratulated the record 23,000 Alcoa employees who took part in the company’s 2009 Worldwide Month of Service - volunteering in 800 community events to support those in need and invest in the sustainability of our planet. The annual Worldwide Month of Service program brings together Alcoa’s global workforce to make a positive difference in the communities where they live and work ̵
Alcoa’s Kawneer Business Launches Make an Impact Environmental Program to Reduce Carbon Footprint; Invites Customers and Community to Participate
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa’s Kawneer business has joined together with the Pew Center on Global Climate Change to launch Make an Impact, an interactive environmental program designed to help individuals manage their carbon footprint and reduce energy costs. Kawneer is the first Alcoa (NYSE:AA) business to launch Make an Impact in North America. The Make an Impact program was initially developed for Alcoa employees and their families. Kawneer, building on its commitment to provid
Alcoa Executive Hails Aluminum’s Ability for Lightweight Automotive Design That Increases Fuel Efficiency and Reduces Emissions
DUSSELDORF, Germany--(BUSINESS WIRE)--Aluminum’s ability to offer automotive manufacturers’ lightweight design solutions that increase fuel efficiency and reduce emissions while contributing to performance, was the central theme of a presentation given by Dr.-Ing. Dietrich Wieser. Alcoa’s Director Business Development Ground Transportation Europe spoke at the European Aluminium Congress in Dusseldorf, Germany taking place November 23 and 24. Aluminum plays an important role in
Alcoa to Idle Smelting Operations in Italy While Appealing EC Ruling on Energy Tariff
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy. The curtailment is a result of uncertainty in obtaining future power supply for the smelters at competitive rates and the financial impact of today’s European Commission (EC) decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union (EU) state aid rules and that a portion of
Alcoa Aluminum Soars with Ares, Time Magazine’s 2009 Invention of the Year
NEW YORK--(BUSINESS WIRE)--Alcoa aluminum plays a critical role in the future of NASA’s Ares rocket, named by Time magazine as the 2009 Invention of the Year. The rocket, which Time called, “The best and smartest and coolest thing built in 2009 — a machine that can launch human beings to cosmic destinations we'd never considered before…” depends on Alcoa’s aluminum-lithium alloys for the lightweight, strong plates used in the structure. Breakthrough aluminum-l
Alcoa Wheels Contribute to Environmentally Friendly Coca-Cola Distribution Trucks in Belgium
CLEVELAND--(BUSINESS WIRE)--Renault Trucks and Coca-Cola Enterprises Belgium (CCEB) are joining forces to reduce their environmental impact, and Alcoa wheels are playing a part. Renault Trucks is making a test vehicle with a hybrid propulsion system available to Coca-Cola Enterprises Belgium - a move which will speed up development of the Renault Premium Distribution Hybrys Tech by having it used under actual operating conditions. To make the vehicle even more environmentally friendly, it is equ
Alcoa Named One of Brazil’s Most Sustainable Companies
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named one of Brazil’s Most Sustainable Companies by Exame magazine as part of the publication’s Sustainability Guide 2009. The twenty organizations included in the list – all considered “model companies” – were announced on November 11, during a recognition ceremony held in São Paulo, Brazil. Now in its 10th edition, the Guide is regarded as Brazil’s most respected corporate responsibility publicat
Alcoa’s Kawneer Architectural Aluminum Products Enhance Learning in an Environmentally Friendly Way
HOT SPRINGS, Ark.--(BUSINESS WIRE)--The Hot Springs Intermediate School, located in Hot Springs, Arkansas, may appear to be an everyday, two-story school. But in taking a closer look at the aluminum, glass and brick building it is apparent that there is much more to the building than meets the eye. Sustainability was a key factor in creating the new school. It was important that the Intermediate School incorporate solutions that help provide a healthy, productive learning environment, such as in
Alcoa to Rebuild, Enhance Forging Press in Cleveland
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that funding has been approved for the complete repair and refurbishment of its 50,000-ton forging press at the company’s Cleveland Works. The project will make Cleveland Works the world’s premier producer of large aluminum and titanium forgings for the defense, aerospace and industrial markets. “This could not have happened without the support of our employees, community leaders and leadership of United Auto Workers L
Alcoa Partners with His Royal Highness The Prince of Wales’ Rainforests Project
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is partnering with The Prince’s Rainforests Project (PRP), an environmental initiative started by His Royal Highness The Prince of Wales to protect the rainforests and tackle climate change. Alcoa joins with corporate, NGOs and other groups to support Prince Charles’ action to protect rainforests in advance of the international climate change meeting hosted by the United Nations in Copenhagen this December. Alcoa is a
Alcoa Highlights Sustainable Aluminum Design for Building and Construction Industry at Greenbuild 2009
NEW YORK--(BUSINESS WIRE)--Alcoa aluminum has always offered unique advantages for designing the shape, appearance and finish of modern buildings. Today it offers an even more important advantage: sustainability. That is what visitors to Alcoa booth (#1162) will see for themselves at the 2009 Greenbuild International Conference and Expo in Phoenix on November 10-12. The exhibit shows how aluminum products from Alcoa help architects optimize the physical environment by making buildings more energ
RUSNANO and Alcoa Sign a Memorandum of Understanding
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) President and CEO Klaus Kleinfeld and RUSNANO CEO Anatoly Chubais have signed a Memorandum of Understanding to explore opportunities for applying nanotechnology in the aluminum industry. The two companies have identified several promising technical and commercial fields to begin pursuing together. These include off-shore oil and gas drilling systems, high-efficiency power transmission, next-generation lighting, energy-efficient buildings and transportat
Alcoa and COMAC Explore Leading Technology Solutions for C919, China’s Largest Passenger Aircraft
NEW YORK & BEIJING--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Commercial Aircraft Corporation of China Ltd. (COMAC) today announced they are jointly exploring leading technology solutions for the design and development of China’s new, large passenger jet, the C919. Through a technology cooperation agreement, the two companies are examining advanced aluminum structural concepts, designs and alloys to create the 190-seat aircraft. “We are working closely with COMAC to develop a tailored sol
John Thuestad and Jean-Pierre Gilardeau Elected Vice Presidents of Alcoa
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its board of directors has elected John Thuestad, 49, and Jean-Pierre Gilardeau, 57, as vice presidents of Alcoa. Thuestad is Chief Operating Officer for Global Primary Products Worldwide, focusing primarily on reducing the cost of aluminum production within Alcoa’s worldwide aluminum smelters as well as reducing the cost of alumina production at its refineries worldwide. With the two new smelters Alcoa recently acquired in No
Alcoa Engineer Presents Sustainable Water Technologies at China America National Frontiers of Engineering Symposium
NEW YORK & CHANGSHA, China--(BUSINESS WIRE)--Natural water technology systems have enabled Alcoa (NYSE:AA) to decrease water usage and to return more clean water to the communities in which the company operates, said Rajat Ghosh, Ph.D., a senior project leader in Alcoa’s Environmental Science and Sustainable Technology Division. Speaking at the China America National Frontiers of Engineering (CAFOE) symposium held at Changsha University, Hunan Province, Ghosh explained Alcoa’s water
Daniel Cruise to Join Alcoa as Vice President – Public and Government Affairs
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Daniel Cruise will join Alcoa as Vice President for Public and Government Affairs. He will oversee all global, national, state and local governmental and regulatory affairs and other public matters for the company. Daniel Cruise comes to Alcoa from the Albright Stonebridge Group where, as a Managing Director, he ran the firm’s New York office. At Albright Stonebridge, Mr. Cruise advised global businesses as they entered new ma
Alcoa Executive Emphasizes Aluminum Advantages for Commercial Vehicle Market at SAE Conference
NEW YORK--(BUSINESS WIRE)--Low weight aluminum offers real-world fuel economy and emissions benefits to manufacturers of commercial vehicles. That was the key message Todd Summe, Division Manager, Product Design & Development for Alcoa (NYSE:AA), told attendees at the SAE Commercial Vehicle Engineering & Exhibition held last week in Illinois. Summe participated in a panel discussion on sustainability issues representing the Aluminum Association’s Aluminum Transportation Group. "Wit
Alcoa Names 2009 Top Scrap Suppliers
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa North American Rolled Products (NARP) Scrap Purchasing announced today the Top Ten Scrap Suppliers, as we continue to apply the same high purchasing standards used with our supply base for the past five years. The suppliers are recognized as a result of their performance against key measurement criteria that focus on safety, quality, volume, and delivery. With this proven strategy, NARP Scrap Purchasing has been able to sustain our scrap purchasing requir
Alcoa Defense to Supply Aluminum Armor Kits to AM General
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it will supply aluminum armor kit components for AM General’s Expanded Capacity High Mobility Multipurpose Wheeled Vehicles (HMMWV ECV). The aluminum kits increase vehicle occupant protection while improving the vehicle's mobility, dependability and performance. “We look forward to strengthening our relationship with AM General by delivering innovative armor solutions for this critical program,” said David Dobso
World Issues of Energy and Environmental Concerns Dependent on Nanotechnology Breakthroughs, Says Alcoa Chief Technology Officer
MOSCOW & NEW YORK--(BUSINESS WIRE)--Nanotechnology breakthroughs will be essential in developing game-changing solutions to address world issues, such as energy shortages, environmental concerns and greater connectivity, said Alcoa (NYSE:AA) Executive Vice President and Chief Technology Officer Mohammad A. Zaidi at Rusnanotech ’09, the second international nanotechnology forum held in Moscow Oct. 6-8. “I believe that future growth drivers in business will focus on energy, environment
Alcoa Strengthens Cash Position and Returns to Profitability in Third Quarter
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced third quarter 2009 income from continuing operations of $73 million, or $0.07 per diluted share, compared to a loss from continuing operations of $312 million, or $0.32 per share, in the second quarter 2009. Income from continuing operations in the third quarter of 2008 was $306 million, or $0.37 per share. Excluding restructuring and special items, income for the third quarter 2009 was $39 million, or $0.04 per share. The third quarter
Alcoa Executive to Discuss Nanotechnology’s Role in Industry at Rusnanotech ‘09
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Dr. Mohammad A. Zaidi, executive vice president and chief technology officer – Alcoa, will discuss the role of nanotechnology in industry at Rusnanotech ’09, second international nanotechnology forum held in Moscow on Oct. 6. Dr. Zaidi will deliver his speech and take part in the panel discussion, “Nanotechnology in Manufacturing,” from 3 to 6:45 p.m. MSD tomorrow in Hall 3 of the Moscow Central Exhibition Co
Alcoa Executive to Discuss Aluminum’s Role in Sustainable Building Design at Metalcon International Conference and Exhibition
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Eddie Bugg, Director, Sustainable Solutions for Kawneer and Alcoa Building and Construction Systems, will discuss aluminum’s role in sustainable building design at METALCON International 2009 next week in Tampa, Florida. Bugg’s presentation, “Aluminum and Sustainable Building Design”, will be held on Monday, October 5, 2009, from 1:00 – 2:30 p.m. It is sponsored by the U.S. Aluminum Association, where h
2009 Alcoa Worldwide Month of Service: Alcoa Employees Prepare to Set New Volunteering Record
NEW YORK--(BUSINESS WIRE)--This month, Alcoa (NYSE:AA) employees across the globe are expected to set a new volunteering record, as close to a third of the company’s more than 60,000 employees gear-up to make a difference during the company’s annual Worldwide Month of Service. Now in its fourth year, Alcoa’s Month of Service is a month-long event that mobilizes Alcoa’s global workforce to make a positive impact in their local communities, while also recognizing employees
Alcoa Recognized for Recruiting and Retaining Diverse Workforce
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is the first Metals and Mining company to achieve a top rating of 100 in the 2010 Corporate Equality Index and Best Places to Work Survey for its efforts in recruiting and retaining a diverse workforce. The index rates 590 businesses on a scale from 0 to 100 based on several criterion, including diversity training, transgender and partner health benefits and insurance, employer-sponsored and supported employee resource groups, an
Alcoa Foundation Joins Forces with GLOBE to Help Make Today's Youth Environmentally Aware
AMSTERDAM--(BUSINESS WIRE)--GLOBE Europe & Eurasia and the Alcoa Foundation today announced a joint program that will help enlarge GLOBE Europe's reach and impact by further developing its environment tracking network for European youngsters. Financial support for the program will be provided through a $76,000 donation from the Alcoa Foundation and will cover all European countries in which GLOBE currently is active. Measuring impact “GLOBE is all about creating environmental and susta
Alcoa Announces Third Quarter 2009 Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable November 25, 2009 to shareholders of record at the close of business on November 6, 2009 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2010 to shareholders of record at the close of business on December 11, 2009. Alcoa has paid a quarterly dividend on its common stock for more
Alcoa and Exal Combine Efforts to Promote Water Purification System New Technology to Be Unveiled at G-20 Summit
PITTSBURGH & YOUNGSTOWN, Ohio--(BUSINESS WIRE)--Alcoa (NYSE: AA), the world leader in the production and management of primary aluminum, and Exal Corporation, the world’s leading manufacturer of specialized aluminum packaging, have joined together to help promote newly developed water purification technology set to be introduced prior to the G-20 Summit. The event will be held at the Carnegie Science Center starting at 12:00 noon on Wednesday, September 23. With aluminum supplied by Alcoa,
Alcoa’s AWAC Opens Juruti Bauxite Mine in Brazil
NEW YORK--(BUSINESS WIRE)--As part of Alcoa’s (NYSE:AA) ongoing effort to continually move its global primary products operations down the cost curve, Alcoa today commissioned the opening of its new bauxite operations in Juruti, Brazil. The Juruti operations, which are part of the Alcoa World Alumina and Chemicals (AWAC) joint venture with Alumina Limited in which Alcoa holds a 60 percent share, consist of a port facility, a mine and a 50 kilometer rail system to the port. Initial output a
Alcoa Reestablishing an Ecosystem in Australia, One Million Plants at a Time
NEW YORK--(BUSINESS WIRE)--Alcoa’s (NYSE:AA) Australia Operations have been recognized by national and international organizations as a world leader in mine site rehabilitation for its long term management of the ecosystem. Once again, Alcoa has demonstrated its leadership after growing its one millionth plant at its state-of-the-art laboratory near Perth, Australia. Mine site rehabilitation is a complex and scientific process and some plant species, which need to be returned to the land d
Alcoa Bohai Sheet Business Inaugurated
BEIJING & NEW YORK--(BUSINESS WIRE)--A significant milestone was reached today for Alcoa's (NYSE:AA) growth in China with the inauguration of Alcoa Bohai sheet business at its plant in Qinhuangdao, China. Alcoa China now has the capacity to produce the highest quality aluminum sheet for the printing, transportation, electronics and packaging industries. During the inauguration ceremony that took place at the Bohai plant in Qinhuangdao, Klaus Kleinfeld, Alcoa President and Chief Executive Officer
Alcoa CEO Klaus Kleinfeld Named Chairman of U.S.-Russia Business Council
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that President and CEO Klaus Kleinfeld has been appointed Chairman of the U.S.-Russia Business Council (USRBC), effective September 25, 2009. Mr. Kleinfeld succeeds Neville Isdell, who is stepping down following his retirement as Chairman and CEO of the Coca-Cola Company. “There is great potential for cooperation between the U.S. and Russia in many areas, and business plays a key role in helping identify and generate opportunities
Alcoa Re-Aligns Global Primary Products Business to Sustain and Accelerate Improvements, Seize Growth Opportunities
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today a re-alignment of its Global Primary Products (GPP) business organization that will sustain and accelerate the many improvements the operations have made, and seize growth opportunities as the economy recovers. Effective immediately, John Thuestad, 49, has been named to the new position of Chief Operating Officer for GPP Worldwide, reporting to Bernt Reitan, Alcoa Executive Vice President and President GPP. Thuestad was formerly Presiden
Alcoa Named Component of Dow Jones Sustainability Index for Eighth Consecutive Year
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been selected for the eighth consecutive year as a component of the Dow Jones Sustainability Indexes (DJSI). The DJSI follow a best-in-class approach and include sustainability leaders from industries worldwide and serve as an important guide for investors to assess a company’s sustainability portfolio. Selection to the indices is based on a thorough analysis of a company’s economic, environmental and social perfo
Alcoa Introduces New Web Tool that Compares the Economics of Aluminum and Steel Wheels for Truck Fleets
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Alcoa Wheel and Transportation Products business today introduced CalcuLighter™, http://www.alcoa.com/calculighter, an easy-to-use on-line tool, for truck fleet and owner-operators. CalcuLighter™ provides exact financial data comparing steel and aluminum wheel alternatives. Site visitors can quickly compare steel duals versus aluminum duals or wide base wheels, or aluminum duals compared to wide base, simply by ente
Alcoa Reinforces Its Pittsburgh Roots of 120 Years in Advance of G-20 Summit
PITTSBURGH--(BUSINESS WIRE)--Alcoa today announced initiatives to help Pittsburgh and the Company prepare for the G-20 Summit. The Company’s engineers are fixing the iconic fountain at Point State Park, Alcoa employee volunteers will clean up a 2-mile stretch of the Allegheny River and the Company is installing the Alcoa logo atop its environmentally-friendly building on the North Shore, These initiatives are intended to help make a positive first impression on the G-20 visitors as they en
Alcoa Completes Deal to Acquire Bauxite and Alumina Interests in Suriname
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Alcoa World Alumina LLC has completed its previously announced transaction to acquire BHP Billiton’s bauxite and alumina refining interests in
Alcoa Names Chief Legal and Compliance Officer
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the appointment of Nicholas DeRoma as Executive Vice President, Chief Legal & Compliance Officer, effective August 3, 2009. In addition to leading
Alcoa Partners with CIMC in China to Develop Energy-Efficient, Sustainable Aluminum Fuel Tanker Trailer
NEW YORK & CHINA--(BUSINESS WIRE)--Alcoa (NYSE:AA) and CIMC Vehicles (Shandong) Co., Ltd., a leading specialty truck manufacturer in China, announced today that they have formed a strategic partnership, to design and
Alcoa Celebrates 50 Years on the Dow at Ringing of New York Stock Exchange Opening Bell
NEW YORK--(BUSINESS WIRE)--Alcoa Chairman, Alain Belda, and CEO, Klaus Kleinfeld, rang the opening bell of the New York Stock Exchange (NYSE) this morning, commemorating Alcoa’s 50 years as a component of the Dow
Alcoa Announces Second Quarter 2009 Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2009 to shareholders of record at the close of business on
Alcoa Launches Seventeen-Inch Classic Dually Wheels
CLEVELAND--(BUSINESS WIRE)--Alcoa Automotive Wheels, a Cleveland, Ohio based business unit of Alcoa, Inc., today announced the extension of their Classic aftermarket catalog to include new seventeen-inch dually
Alcoa Second Quarter 2009 Results – Solid Cash Performance
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it generated cash from operations in the second quarter of 2009 of $328 million, a $599 million improvement from the first quarter. This improvement was
Worldwide Accolade for Alcoa Technology
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that one of the world’s most prestigious engineering accolades has been awarded to Vince Dooley of Alcoa’s global refining research and development
Tim Myers to Lead Alcoa’s Wheel and Transportation Products Business
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that effective immediately Tim D. Myers, 43, has been named President, Alcoa Wheel and Transportation Products, with responsibility for forged wheels and
Alcoa’s Kawneer Business Introduces AA®3350 ISOPORT® Window Designed to Enhance Energy Efficiency
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, introduced its
Alcoa Names Kevin Kramer to New Position as President, Growth Initiatives
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting
Alcoa Continues Penetration in Oil and Gas Market; Alcoa and Cameron Announce Joint Collaboration on Oil and Gas Projects
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has signed a development agreement with Cameron to commercialize aluminum drilling riser systems for offshore oil and gas exploration and
Alcoa Expands Position in Oil and Gas Market; Agrees to Purchase Intellectual Property from Noble for Welded Aluminum Risers
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has reached an agreement with Noble Corporation to acquire Noble’s intellectual property pertaining to welded aluminum risers used in offshore
Alcoa Russia’s Samara Plant Launches New Coating Line for Aluminum Sheet
SAMARA, Russia--(BUSINESS WIRE)--Alcoa Russia’s Samara Plant today commissioned a new state-of-the-art coating line for production of high-quality coated sheet used in the packaging market for aluminum soft drink
Alcoa Completes Divestiture of Wire Harness and Electrical Distribution Business To Platinum Equity
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has completed the divestiture of its wire harness and electrical distribution business to Platinum Equity, a California-based private equity
Alcoa Fastening Systems Expands into Casablanca, Morocco
TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) announced today that it is continuing its global growth strategy and has completed the acquisition of assets from Demicron SNC, which will be integrated
Matthew Garth Named Head of Alcoa Investor Relations
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that effective immediately Matthew Garth, 35, has been appointed Director, Investor Relations. Mr. Garth was most recently Director, Alcoa Corporate Treasury,
AIAS and Kawneer Announce 2009 Student Design Competition
WASHINGTON & NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa, The American Institute of Architecture Students (AIAS) and Kawneer Company, Inc. announced today the fourth annual national student design competition. Sponsored by
Alcoa President and CEO Klaus Kleinfeld to Present at Sanford C. Bernstein Strategic Decisions Conference
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Klaus Kleinfeld, President and CEO, will speak to investors and securities analysts at the 2009 Sanford C. Bernstein Strategic Decisions Conference on
Alcoa Supports the Illinois Army National Guard Recycling Program
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that more than 50 U.S. Army National Guard facilities in Illinois, through support from the Illinois Recycling Association, will enhance their recycling
Sustainable Architectural Aluminum Products From Alcoa’s Kawneer Business Contribute to Energy Efficiency of Children’s Hospital of Pittsburgh of UPMC
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that a range of its Kawneer architectural aluminum products are contributing to the “green” campus of the newly constructed $625 million
Alumina Production at Suriname Refinery to be Curtailed by 870,000 Metric Tons
PARANAM, Suriname--(BUSINESS WIRE)--Suriname Aluminum Company LLC (Suralco) today announced that production at the Paranam, Suriname alumina refinery was being curtailed by approximately 40% or 870,000 metric tons per
Alcoa Agrees to Sell Its Wire Harness and Electrical Distribution Business to Platinum Equity
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has agreed to sell its wire harness and electrical distribution business to Platinum Equity, a California-based private equity group. The terms of the
Alcoa, BHP Billiton Reach Agreement in Principle; Alcoa’s Suralco To Acquire Joint Venture Interests of BHP Billiton in Suriname
NEW YORK--(BUSINESS WIRE)--Alcoa World Alumina LLC and Billiton Suriname Holdings B.V. have reached an agreement in principle where Suriname Aluminum Company LLC (Suralco), an Alcoa subsidiary, will acquire the bauxite
Alcoa Announces Winners of 2008 Tier 1 Core Truckload Carriers Awards
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the results of its Tier 1 Core Truckload Carrier Awards Program for 2008. The award program recognizes a select group of Tier 1 U.S. and Canadian
Lamborghini Selects Alcoa Wheels for Murciélago LP 670-4 SuperVeloce
CLEVELAND--(BUSINESS WIRE)--Alcoa Auto Wheels has been selected by Automobili Lamborghini to supply lightweight wheels for the Murciélago LP 670-4 SuperVeloce (SV). The forged aluminum wheels reduce un-sprung
Alcoa Transportation Products Wins 2009 Automotive News PACE Award
CLEVELAND--(BUSINESS WIRE)--Alcoa Transportation Products was awarded a 2009 Automotive News PACE Award. The prestigious award recognizes automotive suppliers for superior innovation, technological advancement and
Alcoa Volunteers Set to Contribute to a More Sustainable Future
NEW YORK--(BUSINESS WIRE)--As the world celebrates Earth Day, fifteen Alcoa (NYSE:AA) employees are preparing to contribute to help unlock solutions to some of the biggest sustainability challenges of our time,
Alcoa Announces Ratified Contract Extension with UAW Local 1050
CLEVELAND--(BUSINESS WIRE)--Alcoa (AA) announced today that members of the United Auto Workers Local 1050 at the company’s Cleveland Works facility have ratified a two-year extension of their current labor
Alcoa’s 2008 Sustainability Report Details Commitment to Communities, Customers and Shareholders
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the release of its 2008 Corporate Sustainability Report, an annual account of the company’s global environmental, social, and economic performance. The
Alcoa Kawneer Introduces New Institutional Solutions Brochure Demonstrating Its Capabilities for Education, Healthcare and Public Buildings
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa’s Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, has introduced a new institutional solutions
Alcoa Reports 1st Quarter 2009 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported a 27 percent sequential drop in revenue resulting in a loss of $480 million for the first quarter of 2009, reflecting the impact of the economic downturn on
NYPA, Alcoa Partner to Save Hundreds of Jobs at Massena, NY Operations Despite Major Production Curtailment
NEW YORK--(BUSINESS WIRE)--In an innovative example of a private corporation and a public entity partnering to retain jobs during the economic downturn, the New York Power Authority (NYPA) and Alcoa (NYSE:AA), the
Alcoa Completes Exchange with ORKLA ASA For 2 Norwegian Smelters and Anode Plant
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has completed its exchange of stakes with ORKLA ASA for its Elkem Norwegian smelting partnership, which includes aluminum smelters in Lista and Mosjoen, as
Webinar Offers Energy-Saving Architectural Solutions
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that an upcoming webinar co-sponsored by Lawrence Berkeley National Laboratory and Alcoa’s Kawneer architectural aluminum products business will provide
Alcoa Announces Successful Pricing on Common Stock and Convertible Debt Offerings
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE: AA) today announced that it has successfully priced its public offerings of common stock and convertible notes. The offerings were made pursuant to the Company's
Alcoa Launches Innovative Wheel Line for Trucking Customers Facing Economic Downturn
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced that its Commercial Vehicle Wheels business has launched an innovative new line of forged wheels using a new proprietary process that results in the
Alcoa Dura-Bright® Wheels Prominent at NASCAR Shelby 427
LAS VEGAS--(BUSINESS WIRE)--The NASCAR Sprint Cup Series Shelby 427 race held recently at Las Vegas Motor Speedway was led by a pack of Shelby pace cars fitted with forged aluminum wheels featuring Alcoa’s
Alcoa Takes Decisive Action: Cost Structure Improved and Liquidity Reinforced
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today a series of operational and financial actions to significantly improve the Company’s cost structure and liquidity. The operational actions will reduce
FORTUNE Names Alcoa Most Admired Metals Company
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) is the world’s most admired metals company according to Fortune magazine’s annual survey of the World’s Most Admired Companies. On newsstands starting
Alcoa Continues Commitment to Communities
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Alcoa Foundation have confirmed a continued commitment to corporate citizenship and community sustainability amidst the economic downturn, reporting 2008 community
Alcoa Continues to Reduce Greenhouse Gas Emissions in Primary Aluminum Production Through Operational Excellence
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it continues its leadership position on climate change by achieving a 36 percent reduction in total direct greenhouse gas emissions in 2008 from its
Alcoa Forms Strategic Cooperation Agreement with Henan Province in China on Aluminum Projects
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has formed a strategic cooperation agreement with the People’s Government of Henan Province in China to jointly establish world class
Exit of Shining Prospect to Improve Alcoa Balance Sheet
NEW YORK--(BUSINESS WIRE)--Alcoa today announced it is exiting the Shining Prospect special purpose vehicle formed together with Chinalco to purchase shares in Rio Tinto plc. Alcoa will receive a total of $1.021
Alcoa Inc. and Aluminum Corporation of China ("Chinalco") to Explore Strategic Ventures
BEIJING & NEW YORK--(BUSINESS WIRE)--Chinalco and Alcoa jointly announced today that the two companies intend to explore opportunities to expand their commercial relationship by identifying strategic ventures that will
Alcoa Sites Around the World Featured in Discovery Channel Program on How Aluminum is Made
NEW YORK--(BUSINESS WIRE)--When Discovery Channel wanted to better understand aluminum, one of the world’s most recyclable materials, for its new television series, “How Stuff Works,” they came to
Alcoa Fastening Systems Announces Successful Deployment of Trolley-Tray Fastener Kitting System
TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) announced today the successful deployment of its unique Trolley-Tray fastener kitting system at the new Airbus A320 Final Assembly Line (FAL) in Tianjin,
Alcoa Again Named One of the World's Most Sustainable Corporations at Davos
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it was named as one of the most sustainable corporations in the world in the fifth annual Global 100 ranking of the top role models in sustainable
Alcoa Continues Leadership Position in International Ethical Reputation Ranking
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has achieved the top ranking in the Basic Resource category of the 2008 Covalence Ethical Ranking, a methodology that gauges the reputation of
Alcoa Announces Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 17 cents per share payable February 25, 2009 to shareholders of record at the close of business on
Alcoa in Launch of USCAP Blueprint for Legislative Action, a Landmark Climate Protection Initiative
NEW YORK--(BUSINESS WIRE)--As a founding member of the U.S. Climate Action Partnership (USCAP), Alcoa (NYSE:AA) joined with other corporate and environmental organizations today in launching the Blueprint for
Alcoa, NY Governor Paterson, and NYPA Finalize Power Contract For Massena Operations
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it hosted New York Governor David A. Paterson to celebrate finalization of a 30-year hydropower contract to supply the company’s two aluminum smelters
Alcoa Reports 4th Quarter 2008 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported its fourth quarter 2008 results which include the impact of an historic decline in metal prices; weak end markets; and restructuring, impairment, and other
Alcoa Taking Decisive Action to Address Economic Downturn
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today detailed a series of specific actions to conserve cash, reduce costs and strengthen the Company’s competitiveness during the current economic downturn. Building
Alcoa: Worldwide: News Releases
Alcoa.com Worldwide News Releases.
Cramer's 'Mad Money' Recap: The Dogs of the Dow (Update 2)
Cramer identified 10 companies that he says need to pull their own weight if the market is going to move higher. 2010 03 09 18:47
Stocks Close Modestly Higher
Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story 2010 03 09 17:58
Advantages of Aluminum for Sustainable Transportation Outlined at Green Truck Summit
Medium and heavy duty commercial truck owners can increase the cargo capacity of their fleets, reduce fuel consumption and emissions, lower their maintenance costs and increase their resale value by 2010 03 09 17:00
Stocks Roiled by Cisco, Banks
2010 03 09 16:40
The Dow's Top 5 Gainers since the March 2009 Low
Happy birthday, bull market! Though there is still some uncertainty on Wall Street right now, you have to admit it's nothing compared to March 9, 2009. Stocks like BAC, JPM, AXP, CAT and AA have soared since then. 2010 03 09 09:19
($) Pfizer's Folly
Why is it going after Ratiopharm? This one just doesn't make sense. 2010 03 09 06:47
Cramer: Charts Support Bulls
NEW YORK (TheStreet) - Jim Cramer says the charts support a bull market and the only thing that will hold stocks back is Washington's healthcare bill. Cramer reveals his favorite stocks. 2010 03 08 11:00
Alcoa Again Named Fortune Magazine’s Most Admired Metals Company
Alcoa (NYSE:AA) has once again been named Fortune Magazine’s most admired metals company in the world. Alcoa has been named a most admired company for 27 years in a row. Fortune’s most admired 2010 03 08 10:10
MSN Money News - AA
News about Alcoa Inc
Using Options To Play Deckers' Pop
Shares of the shoemaker soar and draw bulls into a bet that Deckers stays above $115.
D.R. Horton Sparks Housing Rally
Emerson electric issues robust guidance; UPS profits nearly triple.
S&P 500 Weekly Wrap-Up
The S&P takes a dive on changing Chinese and U.S. banking policies
Patricia Russo Is Saving America, One Board At A Time
Former Lucent chief Pat Russo sees her appointments to the boards of GM and the Partnership for a Drug-Free America as a call to public service.
Retail Dip, Jobless Rise Limit Gains
Holiday season can't produce December sales gain; weekly tally of new unemployment claims ticks higher.
Technically, Airline Stocks Look Good
But with the economy still hurting, the industry that's shunned by so many great investors is hardly a slam-dunk.
Alcoa Misses, Street Runs Red
Earnings season starts with a thud; financials flail on tax worries.
Washington Eyes Bank Fees
According to reports, Wall Street may see more fees; Alcoa misses.
Alcoa Miss Slips Up Stocks
Wall Street trades lower after the aluminum producer's Q4 results disappoint; Chevron warns on profits.
What Alcoa Tells You About the Economy
After Alcoa released a quarterly earnings report last night that showed a profit of one cent per share, some on Wall Street began to voice their concerns about the sustainability of the long market rally. The overall market is down about 1% so far in today’s trading, while the shares of Aloca itself are down [...]
Slow Start For Earnings Season
Stocks dip Tuesday after Alcoa misses, Chevron warns.
Alcoa's Weak Sales
After hours: Electronic Arts cuts 2010 forecast; Phillips-Van Heusen raises guidance.
With Earnings Ahead, Stocks Make Small Gains
Bullish tone faces latest test with Q4 results on the horizon.
Heineken To Buy Femsa Unit
This is a transcript of the Afternoon update video report.
Heineken's New Brew
Beer maker gets Femsa unit; Alcoa set to report.
Street Swirls As Earnings Loom
Alcoa kicks off the season after the close.
Stocks Churn Ahead Of Earnings
Alcoa kicks off reporting season after the close; Chinese trade recovery can't keep Street rising.
Automakers Look To Impress
Expect an upbeat show in Detroit and surprises from GM, Ford and Honda.
The Weekly Layoff Report: Not So Happy New Year
No sign that the hoped-for jobs turnaround has yet begun.
U.S. Home Sales Rise, Stocks Follow
Data points to stabilizing housing market; rising dollar limits gain in energy, natural resources.
Maybe It's Time to Rethink Applying to Law School
For years, law school has been the backup plan for 25-year olds stuck in a career rut and liberal arts majors who aren’t quite sure what they really want to do. But as Deb Weinstein writes in a recent Money Builder story on Forbes.com, some future lawyers don’t realize that they are studying to join [...]
Google's Tax Windfall
Yelp walks away from search giant; Intel, Alcoa Upgrade.
Preparing For Bearish Action In MannKind
It's a double in the past two months, but some traders have their sights on a slip in shares of the biopharmaceutical company.
Health Care, Deal News Lift Street
Insurers rally as leaner reform bill clears Senate hurdle; M&A and upgrades boost stocks elsewhere.
Health Care Helps Street Rally
Insurers gain after U.S. reform bill passes crucial Senate test; French drug maker Sanofi shelling out $1.9 billion for Chattem.
Forbes.com: aa
The latest Forbes.com news on the ticker aa.
Dow 11,000? It Depends on These 10 Stocks (at CNBC)
Stocks Roiled by Cisco, Banks but DJIA Gains 11.86 Points (at The Wall Street Journal Online)
Futures Fall on Key Anniversary U.S. stock futures edged lower, as caution dominated sentiment on the one-year anniversary of the beginning of the stock market's rebound from its lows last year.
Stocks Eke Out Gain; Citi Jumps, Cisco Skids (at CNBC)
Advantages of Aluminum for Sustainable Transportation Outlined at Green Truck Summit (Business Wire)
NEW YORK----Medium and heavy duty commercial truck owners can increase the cargo capacity of their fleets, reduce fuel consumption and emissions, lower their maintenance costs and increase their resale value by using aluminum solutions, said an Alcoa executive who spoke today at CALSTART National Truck Equipment Association Green Truck Summit in St.
Markets up slightly by noon Tuesday (at bizjournals.com)
4 Worst Dow Stocks Year To Date (at Investopedia)
[audio] Danielson: Party's not over, but quieting down [7.1 min] (at MarketWatch)
Wall Street's been having a party in the past year, but the consumer has been a no-show. "And if they're invited but don't come, it's hard for the economy to be strong under that scenario," says Loren Danielson of RBC Wealth Management.
Cramer: Charts Support Bulls (TheStreet.com TV)
[$$] Pfizer's Folly (at RealMoney by TheStreet.com)
Cramer: Retail Investors, Get in the Game Now! (at CNBC)
[audio] Battle: Wrestling with fed-driven economy's future [6.6 min] (at MarketWatch)
Buckle your helmet. Brian Battle, director of trading at Performance Trust Capital Partners, says the equity markets are in a volatile "wrestling match." In one corner, a weak-in-the-knees economic recovery.
[video] Cramer: Charts Support Bulls (at TheStreet.com)
Alcoa Again Named Fortune Magazine's Most Admired Metals Company (Business Wire)
NEW YORK----Alcoa has once again been named Fortune Magazine’s most admired metals company in the world. Alcoa has been named a most admired company for 27 years in a row. Fortune’s most admired ranking is the definitive report card on corporate reputation.
Stocks Open Higher; McDonald's Leads Dow (at CNBC)
Sell Alcoa!: Against the Grain (TheStreet.com TV)
Which Dow Stock Is Up the Most So Far in 2010? (at Seeking Alpha)
Jobs Report Boosts Dow 122.06 Points (at The Wall Street Journal Online)
Futures Rise as Payroll Numbers Surprise U.S. stock futures climbed after the government reported the U.S. economy shed fewer jobs than expected in February and the unemployment rate was steady at 9.7%.
Stocks Gain 2.3% for Week; Materials Lead (at CNBC)
Friday Options Recap: Active Trading (at Seeking Alpha)
Bumpy ride for corporate giving amid recession (Reuters)
Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010.
Yahoo! Finance: AA News
Latest Financial News for Alcoa Inc. Common Stock
High Energy Costs and Dollar’s Decline Undermine Alcoa’s Profit
An increase in energy costs and the dollar’s decline against the euro and the Brazilian real hold down profit for the giant aluminum producer.
Alcoa Posted Profit for 3rd Quarter
Cost-cutting and higher aluminum prices helped the aluminum maker’s bottom line.
Alcoa Posts Loss as Demand Falls
The aluminum maker’s $454 million loss is the latest evidence of a drop in orders by crucial buyers in the aerospace, automotive and construction industries.
Alcoa Lost $497 Million in First Quarter
The company reported a loss of 61 cents a share on lower demand and price cuts, a greater loss than analyst expectations of 56 cents per share.
Alcoa Cuts Dividend by 82% as It Tries to Cut Costs
The aluminum producer is moving to trim spending in a bid to weather the steep downturn in demand for its product.
Alcoa Lost $1.19 Billion as 4th-Quarter Sales Fell
Alcoa’s loss highlighted the impact of the weakening world economy on key aluminum markets, including construction and autos.
Alcoa Plans to Close Plants and Trim Work Force
The aluminum maker said it would cut 13,500 jobs, 13 percent of its total work force, as well as slash spending and output to cope with the global economic slowdown.
Alcoa Profit Falls 52%; Buyback Plan Ends
One of the world’s largest aluminum producer, the company said it would conserve cash by suspending its stock buyback program and all noncritical capital projects.
Ice Free
Will global warming give Greenland its independence?
Alcoa Profit Tops Estimates After Price Rise
Alcoa, the aluminum producer, reported second-quarter profit that topped analyst estimates as the company raised prices.
Fed’s Concerns Contribute to Market Dip
Stocks slipped on Tuesday after disappointing first-quarter earnings reports, then fell further after minutes from the Fed’s March 18 meeting were released.
Alcoa’s Profit Drops 54% on Energy Costs and a Soft Dollar
Net income for the aluminum producer dropped to $303 million, or 37 cents a share, in the first three months of the year, compared with $662 million, or 75 cents a share, in the same period last year.
Alcoa, Accused of Bribery, Is Under U.S. Investigation
Alcoa is under criminal investigation by the Justice Department over accusations that the company bribed officials in Bahrain in an effort to obtain business.
Alcoa Accused of Fraud by Firm in Bahrain
A smelting firm in Bahrain is seeking more than $1 billion in a lawsuit against Alcoa, accusing it of a 15-year conspiracy involving overcharging, fraud and bribery.
Rio Tinto Rejects Latest Offer
The board of the mining company said BHP Billiton’s improved takeover offer of about $147 billion still undervalues the company significantly.
NYT > Alcoa Inc.