New User:

-or-
Username:
Password:
Forgot your password?
News Breaks
November 19, 2009
15:53 EDTAA
theflyonthewall.com: Alcoa to idle smelting operations in Italy
Alcoa announced it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy. The curtailment is a result of uncertainty in obtaining future power supply for the smelters at competitive rates and the financial impact of today’s European Commission decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union state aid rules and that a portion of the benefit received by Alcoa must be refunded. Alcoa is appealing the decision. The curtailments in Italy will bring Alcoa’s total global smelting system curtailments to approximately 24 percent. The company will continue to take steps to optimize its global smelting system as market conditions warrant. The Company expects to take a fourth quarter 2009 charge of between $300M and $500M, pre-tax, including temporary curtailment and recovery actions. Most, if not all, of the charge is not expected to impact fourth quarter cash flow. :theflyonthewall.com



News For AA From The Last 14 Days
Check below for free stories on AA the last two weeks.
There are 13 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing.
February 12, 2012
11:38 EDTAA
theflyonthewall.com: China extends loans to local governments to avoid defaults, FT says

Subscribe for More Information
:theflyonthewall.com

February 10, 2012
16:13 EDTAA
theflyonthewall.com: On The Fly: Closing Wrap

Subscribe for More Information
:theflyonthewall.com
11:04 EDTAA
theflyonthewall.com: Excess aluminum supply to continue for years, Reuters says

Subscribe for More Information
:theflyonthewall.com

February 8, 2012
23:32 EDTAA
theflyonthewall.com: Jim Cramer's "Mad Money"

Subscribe for More Information
:theflyonthewall.com
10:22 EDTAA
theflyonthewall.com: Alcoa calls active on renewed takeover chatter
Alcoa February and March 11 calls are active on total call volume of 21K contracts (4K puts) following renewed takeover chatter. February and March 34 call option implied volatility of 34 is below its 26-week average of 41 according to Track Data. Active call volume suggests larger price movement suggests traders taking positions for upside price movement. :theflyonthewall.com
10:16 EDTAA
theflyonthewall.com: Rumor: Alcoa moves up on renewed takeover chatter

Subscribe for More Information
:theflyonthewall.com
05:52 EDTAA
theflyonthewall.com: Alcoa reviewing Point Henry aluminum smelter, Daily Telegraph reports

Subscribe for More Information
:theflyonthewall.com

February 7, 2012
23:34 EDTAA
theflyonthewall.com: Jim Cramer's "Mad Money"

Subscribe for More Information
:theflyonthewall.com

February 3, 2012
15:46 EDTAA
theflyonthewall.com: Alcoa calls active on low volatility as shares trend higher
Alcoa February 11 and April 12 calls are active on total call volume of 88K contracts (25K puts). February and April call option implied volatility of 32 is below its 26-week average of 43 according to Track Data, suggesting decreasing price movement. :theflyonthewall.com
15:26 EDTAA
theflyonthewall.com: Alcoa management to meet with Dahlman Rose

Subscribe for More Information
:theflyonthewall.com

February 1, 2012
06:51 EDTAA
theflyonthewall.com: China January PMI 50.5 vs. 50.3in December, Reuters reports

Subscribe for More Information
:theflyonthewall.com

January 30, 2012
14:43 EDTAA
theflyonthewall.com: WTO says Chinese export restrictions are unfair, AP reports

Subscribe for More Information
:theflyonthewall.com
09:20 EDTAA
theflyonthewall.com: Pre-market top 5 losers
The following stocks were the top percentage losers before the open on solid volume of at least 50,000 shares, trading at over $10 the prior day. RIG (2.9%), FCX (2%), MHS (1.7%), JPM (1.5%), AA (1.4%). :theflyonthewall.com