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Alcoa , the largest producer of aluminum in the U.S., was once a bellwether with a $40 billion market capitalization whose quarterly performance gave us a real sense of economic conditions at home ...
In this video, Motley Fool analyst Taylor Muckerman outlines three reasons to buy Alcoa . First, there is a rebound in the global economy, particularly in China and, to a lesser extent, the United ...
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Alcoa (AA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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The company was acquired by Alcoa on May 3, 2000, to become the largest aluminum company in the United States. [1] [2] On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. Hart merged his other packaging companies into ...
It’s not a good day for the stock market, for copper and aluminum futures, or for Alcoa (NYSE:AA). Regarding the last item on that list, AA stock is down almost 10% so far on Tuesday. Shares are ...
Alcoa also operates an aluminum smelting plant of similar size to the one in Tennessee in Warrick County, Indiana, just east of Newburgh. Vectren Energy operates a coal power plant on the site to provide electricity. In 2021, Alcoa retained the aluminum smelter and generating station while selling the rest of the facility to Kaiser Aluminum.