STOCK TITAN

Alcoa Corporation - $AA STOCK NEWS

Welcome to our dedicated page for Alcoa Corporation news (Ticker: $AA), a resource for investors and traders seeking the latest updates and insights on Alcoa Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alcoa Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alcoa Corporation's position in the market.

Rhea-AI Summary
Alcoa Corporation (AA) to announce Q4 and full year 2023 financial results on January 17, 2024. Conference call to discuss financial results with President and CEO William Oplinger and CFO Molly Beerman.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
-
Rhea-AI Summary
Alcoa Corporation (NYSE: AA) appoints Matt Reed as Executive Vice President and Chief Operations Officer, effective January 1, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.47%
Tags
management
-
Rhea-AI Summary
Alcoa Corporation (NYSE: AA) anticipates a benefit in Cost of goods sold of $35-40 million (after-tax) in Q4 2023 related to its Massena and Warrick smelters due to the U.S. Treasury Department's guidance on Section 45X of the Advanced Manufacturing Tax Credit. However, it also expects a charge to tax expense of $140-150 million in Brazil, resulting in a net loss of $40-50 million in the same quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.23%
Tags
Rhea-AI Summary
Alcoa Corporation (NYSE: AA) has received approvals from the Western Australian Government for its 2023-2027 Mining and Management Program, allowing the company to continue bauxite mining and downstream alumina refining. The government has granted an exemption for Alcoa's mining operations, subject to stringent environmental conditions. Alcoa has also committed to modernizing State Agreements and approvals frameworks, demonstrating its focus on operating in line with evolving community expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.04%
Tags
none
-
Rhea-AI Summary
Alcoa Corporation (NYSE: AA) representatives of the Spanish operating subsidiaries are meeting with national and regional authorities in Spain to address financial losses at the San Ciprián complex, including an alumina refinery and an aluminum smelter. The smelter was curtailed in January 2022, with a phased restart planned for January 2024. The refinery has been operating at 50% capacity since Q3 2022 due to worsening economics. Market challenges, energy costs, and delayed alternative energy supplies have contributed to the situation. Alcoa has invested $65 million in 2023 to comply with obligations, but long-term solutions are needed for the unsustainable business conditions at San Ciprián operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
none
-
Rhea-AI Summary
Alcoa Corporation (NYSE: AA) announced that President and CEO William F. Oplinger will speak at the Goldman Sachs Metals and Mining Conference in New York, discussing market conditions, business outlook, and potential impact on this quarter's financial results. The presentation will be available on the company's website, with a live webcast and audio replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences
Rhea-AI Summary
Alcoa Corporation reports third quarter 2023 results with increased shipments and improved cash generation despite lower prices for alumina and aluminum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.6%
Tags
-
Rhea-AI Summary
Alcoa Corporation declares quarterly cash dividend of $0.10 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.6%
Tags
dividends
-
Rhea-AI Summary
Alcoa Corporation will announce its Q3 2023 financial results on October 18. The press release and presentation will be available on Alcoa's website. A conference call to discuss the results will be webcast live. Replay information will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.61%
Tags
News
Rhea-AI Summary
William F. Oplinger appointed President and CEO of Alcoa Corporation, Roy C. Harvey becomes Strategic Advisor to CEO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.07%
Tags
management
Alcoa Corporation

NYSE:AA

AA Rankings

AA Stock Data

6.45B
177.84M
1.07%
86.57%
8%
Alumina Refining and Primary Aluminum Production
Manufacturing
Link
United States of America
PITTSBURGH

About AA

alcoa (nyse: aa) is a global industry leader in bauxite, alumina and aluminum products, with a strong portfolio of value-added cast and rolled products and substantial energy assets. alcoa is built on a foundation of strong values and operating excellence dating back nearly 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. since inventing the aluminum industry, and throughout our history, our talented alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability and stronger communities wherever we operate.