aluminum prices

aluminum prices Articles

Big aluminum took a hit Tuesday morning when Merrill Lynch issued downgrades for both Alcoa and Century Aluminum.
Despite a strong performance over the past year, J.P. Morgan analysts downgraded aluminum giants Alcoa and Century Aluminum.
For the most part, analysts were positive on Alcoa following its earnings report, though somewhat critical of certain segments.
Alcoa kicked off the earnings season and reported its fourth-quarter results Monday after the market close.
Wells Fargo's Sam Dubinsky has initiated analyst coverage on aluminum giant Alcoa with an Outperform rating.
The third quarter has been a roller coaster for Alcoa due to developments in the aluminum market and strategic moves within the company.
The aluminum company Alcoa is transforming. The company you used to know is upgrading itself and making its business model less and less dependent on basic aluminum trade.
Source: ThinkstockCommodity metals are having a tough time lately. Investor enthusiasm for metals has fallen, and its only necessary look at the price of gold to see why. Equities are where investors...
Source: ThinkstockAn analyst at Goldman Sachs Group Inc. (NYSE: GS) has raised its price target on Alcoa Inc. (NYSE: AA) from $12 to $15, a jump of about 36% from the stock’s trading price of...
Source: ThinkstockAs in 2013, the twin focus of the mining industry will be to lower costs and reduce capital spending. There are also likely to be some asset sales as the larger miners shed some of...
Beginning April 1, the cost to store commodities like aluminum and copper in London Metal Exchange (LME) bonded warehouses will rise at average of 3% and transportation charges out of the warehouses...
Source: ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s...
Source: ThinkstockAt its annual investor day event Thursday, Alcoa Inc. (NYSE: AA) announced a new three-year plan to drive its revenues higher and cut its costs. The company noted that in the period...
Source: ThinkstockAt the week-long metals conference known as LME week, CME Group Inc. (NASDAQ: CME) on Tuesday said it will launch an aluminum contract on an as-yet undetermined date. The contract...
Source: ThinkstockAt the annual London Metals Exchange (LME) Week, which began Monday, no one expects major changes to the way the exchange manages its warehousing system for aluminum, copper and...