ADVFN - Advanced Financial Network.
HOME» NYSE » A » AA Stock Price » AA Stock News

Alcoa Share News

 Alcoa, Inc. Stock Price
AA Stock Price
 Alcoa, Inc. Stock Chart
AA Stock Chart
 Alcoa, Inc. Stock News
AA Stock News
 Alcoa, Inc. Company Information
AA Company Information
 Alcoa, Inc. Stock Trades
AA Stock Trades

Alcoa Unveils Plans To Curb Alumina Production

DOW JONES NEWSWIRES Alcoa Inc. (AA) said it plans to cut alumina production by about 390,000 metric tons a year, in an effort to align output with its plans to reduce smelter capacity by 12% in the first half of this year amid high costs and slumping prices. The latest cutbacks come less than a week before Alcoa, an industrial bellwether that unofficially kicks off the U.S. earnings season, releases its first-quarter results on Tuesday after the bell. The aluminum producer on Thursday said the move will reduce its capacity in the Atlantic region by about 4%. The region, where it aims to avoid adding to an oversupply, accounts for about half of the company's refining capacity of about 18 million metric tons a year. Alcoa in January reported that swung to a fourth-quarter loss amid slumping prices and rising costs. The company's profit had been surging in previous quarters thanks to demand from automobile and aerospace companies and emerging markets like China, but third-quarter results disappointed as demand weakened in areas like Europe, aluminum prices continued to fall and raw-materials costs climbed. Shares were down 4 cents at $9.77 in premarket trading. Through Wednesday's close, the stock is down 46% in the past year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Alcoa (AA)
DateTimeHeadline
07/14/201418:23:21U.S. Hot Stocks: Hot Stocks to Watch
07/09/201416:22:36MARKET SNAPSHOT: U.S. Stocks Close Higher Following Fed Minutes
07/09/201415:08:12MARKET SNAPSHOT: U.S. Stocks Rise After Fed Minutes
07/09/201410:56:29MARKET SNAPSHOT: U.S. Stocks Edge Higher; FOMC Minutes On Tap
07/09/201409:53:20MARKET SNAPSHOT: U.S. Stocks Open Higher; FOMC Minutes On Tap
07/08/201416:36:29MARKET SNAPSHOT: U.S. Stocks Fall; Momentum Plays Hit Hard
07/08/201416:21:20MARKET SNAPSHOT: U.S. Stock-market Losses Led By Momentum Plays
07/08/201416:10:08MARKET SNAPSHOT: Stocks Slip As Dow Loses Hold On 17,000
07/08/201416:07:25MARKET SNAPSHOT: Stock Futures: Dow's Hold On 17,000 Looks Shaky
07/07/201417:15:59MARKET SNAPSHOT: U.S. Stocks End Lower; Biotechs, Internet Stock...
07/07/201412:18:59MARKET SNAPSHOT: U.S. Stock Market Losses Led By Small Companies
07/07/201410:09:46MARKET SNAPSHOT: U.S. Stocks Retreat From Record Levels
07/07/201407:10:50MARKET SNAPSHOT: U.S. Stocks: Futures Down; ADM In $3 Billion...
07/07/201406:05:54MARKET SNAPSHOT: U.S. Stocks: Futures Slip; ADM In $3 Billion...
07/06/201406:18:12MARKET SNAPSHOT: Stock Valuations Riding On Stellar Earnings...
06/26/201416:59:21MARKET SNAPSHOT: U.S Stocks Trim Losses After Late-day Rally
05/23/201419:56:29U.S. to Revenue Up Hacking Fight
05/20/201422:02:19Companies Bet Exposing Hacks Will Help
05/19/201420:07:14Pittsburgh-Area Firms Allegedly Targeted by Hacking
05/16/201415:50:35Alcoa, USW Reach New Labor Deal -- Update

Alcoa and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad