aluminum prices
aluminum prices Articles
Source: ThinkstockIn a little more than two weeks, Alcoa Inc. (NYSE: AA) will report third-quarter results, and there is every reason to believe that those results will not be pretty. The consensus...
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Source: ThinkstockFor the second time in as many weeks, key commodities companies have been slapped with lawsuits alleging that the two banks boosted aluminum prices by manipulating warehouse...
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Source: ThinkstockSunday’s New York Times story on the shenanigans played by Goldman Sachs Group Inc. (NYSE: GS) at its aluminum warehouse in Detroit is nothing especially new. What is new is that...
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Source: ThinkstockAlcoa Inc. (NYSE: AA) reported second-quarter fiscal 2013 results after markets closed today. The aluminum miner and refiner reported quarterly adjusted diluted earnings per share...
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Source: ThinkstockFrom those from whom not much is expected, not much is likely to be delivered. The consensus estimate for second-quarter earnings from Alcoa Inc. (NYSE: AA) have dropped about 60%...
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Source: ThinkstockTwo U.S. aluminum smelters, two more in Spain, and one in Italy have already been shut down by Alcoa Inc. (NYSE: AA) as the aluminum fabricator and miner tries to come to grips with...
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Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in...
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Source: ThinkstockAlcoa Inc. (NYSE: AA) remains pressured to build up its earnings in a very difficult environment. Now the company has announced that it will “review 460,000 metric tons of...
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Source: ThinkstockFor more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today could...
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Here we go again. We’d all feel cheated if a year were to pass without chatter about the possibility of a takeover of Alcoa Inc. (NYSE: AA).In 2007, BHP Billiton plc (NYSE: BHP) was said to be...
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Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel Holding Corp. (NYSE: AKS) this...
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The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) for $2.2 billion in...
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In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor Corp. (NYSE: NUE),...
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Aluminum prices climbed by more than 10% from January through April this year, to rise above $1.22/pound before losing all it had gained and returning to about $1.10/pound. At today’s price of...
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