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Stock Market & Financial Investment News

News Breaks
April 7, 2014
06:14 EDTAAAlcoa may see turnaround due to investment in aluminum cars, WSJ says
Alcoa may be turning itself around due to its commitment to using aluminum for the bodies and frames of its car as it invests $575M to expand new lines in Iowa and Tennessee, reports the Wall Street Journal. Aluminum producers have also began to cut capacity to try to counteract a glut. Reference Link
News For AA From The Last 14 Days
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May 28, 2015
09:42 EDTAACentury Aluminum, Alcoa price targets lowered at JPMorgan
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09:34 EDTAAActive equity options trading on open
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May 27, 2015
12:26 EDTAAAluminum prices decline on excess supply, Bloomberg says
Aluminum prices have been under pressure as prices for the metal fell 9.4% in May in the largest monthly drop since October 2012, says Bloomberg. According to the Bloomberg report aluminum producers in China have been encouraged by cheap coal to operate their furnaces and may expand exports. Companies in the aluminum space include Alcoa (AA) and Century Aluminum (CENX). Reference Link

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