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Stock Market & Financial Investment News

News Breaks
April 1, 2014
08:04 EDTAAAlcoa invests $40M in Itapissuma, Brazil, rolling mill
Alcoa announced a $40M in its Itapissuma, Brazil, rolling mill to increase production of specialty foils for aseptic and flexible packages. Demand for specialty packaging in Brazil is expected to rise seven percent annually over the next three years due to population growth and consumer preference. All additional capacity has been fully committed. The expansion is expected to add approximately 50 jobs at the plant following ramp-up of production. Initial work for the expansion is underway and commissioning is expected to begin in 2016. This investment is part of Alcoa’s ongoing portfolio transformation to build out its value-added mid- and downstream businesses to capture profitable growth.
News For AA From The Last 14 Days
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September 3, 2015
09:31 EDTAAAlcoa expanding R&D center in Pennsylvania
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August 31, 2015
06:10 EDTAAAlcoa implied volatility of 56 at upper end of index
August 28, 2015
10:20 EDTAAAlcoa rallies with Freeport-McMoRan, materials sector
Shares are up over 5% to $9.33 at time of writing, putting it above downtrend resistance at the 10-day moving average. At that price next resistance is at $9.51. Support is at $9.19.
August 26, 2015
10:24 EDTAACentury Aluminum to curtail Hawesville operations due to weak prices
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