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Howmet Aerospace Inc - HWM STOCK NEWS

Welcome to our dedicated news page for Howmet Aerospace (Ticker: HWM), a resource for investors and traders seeking the latest updates and insights on Howmet Aerospace.

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 Howmet Aerospace'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 Howmet Aerospace's position in the market.

Rhea-AI Summary
Howmet Aerospace Inc. (NYSE:HWM) will release its Q1 2024 financial results on May 2, 2024. The conference call with John Plant and Ken Giacobbe will be at 10:00 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
conferences earnings
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Rhea-AI Summary
Howmet Aerospace (HWM) appoints Johan Wall as President, Engineered Structures, effective April 8, 2024. Wall brings extensive experience from Precision Castparts and Linamar Automotive, with a strong background in aerospace and quality management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none
-
Rhea-AI Summary
Howmet Aerospace Inc. (HWM) executives to participate in Bank of America Global Industrials Conference in London. Real-time webcast available on howmet.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
conferences
Rhea-AI Summary
Howmet Aerospace (NYSE:HWM) reported strong financial results for FY 2023, with revenue up 17% year over year to $6.6 billion and net income of $765 million. The company also provided optimistic guidance for FY 2024, expecting revenue growth of approximately 7%. Howmet Aerospace made significant debt paydowns, common stock repurchases, and dividend payments in FY 2023, showcasing financial strength and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.35%
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Rhea-AI Summary
Howmet Aerospace Inc. (NYSE:HWM) announced that its CEO and CFO will speak at the Barclays Industrial Select Conference on February 21, 2024. The event will be webcasted live and available for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
conferences
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Rhea-AI Summary
Howmet Aerospace (HWM) declared a dividend of 5 cents per share on the outstanding Common Stock, and 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock. The dividends will be paid on February 26, 2024, and April 1, 2024, respectively, to the holders of record at the close of business on February 9, 2024, and March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
dividends
Rhea-AI Summary
Howmet Aerospace Inc. (HWM) will announce its Q4 2023 and full year 2023 financial results on February 13, 2024. The press release and presentation materials will be available at 7:00 AM ET on the company's website. A conference call and webcast will follow at 10:00 AM ET, hosted by the Executive Chairman, CEO, and CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
Tags
conferences earnings
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News
Rhea-AI Summary
Howmet Aerospace (NYSE: HWM) completed debt actions in December 2023, drawing approximately $400 million from two term loan facilities and completing an early partial redemption of its 5.125% Notes due October 2024. The Company entered into interest rate swaps to exchange floating interest rates into fixed rates, obtaining a weighted average fixed interest rate of approximately 3.9%. S&P Global Ratings upgraded Howmet Aerospace’s Long-Term Issue Credit Rating to 'BBB-' from 'BB+' and updated the rating outlook to stable, making the company investment grade by two of the three credit rating agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
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none
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Rhea-AI Summary
Howmet Aerospace (HWM) responds to Lockheed Martin's lawsuit regarding the F-35 Program, denying allegations and emphasizing compliance with contractual and regulatory obligations. Howmet supplies titanium products to Lockheed Martin and other customers, facing challenges due to reduced global titanium sponge supply and increased prices. Despite these challenges, Howmet continues to supply the F-35 Program and its customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
Rhea-AI Summary
Howmet Aerospace (NYSE:HWM) Declares Dividend of 93.75 Cents per Share for Class A Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
dividends
Howmet Aerospace Inc

NYSE:HWM

HWM Rankings

HWM Stock Data

26.14B
405.45M
1.04%
93.18%
1.82%
Alumina Refining and Primary Aluminum Production
Manufacturing
Link
US
Pittsburgh

About HWM

howmet aerospace inc., headquartered in pittsburgh, pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. the company’s primary businesses focus on jet engine components, aerospace fastening systems, and titanium structural parts necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. with nearly 1,150 granted and pending patents, the company’s differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint.