Alcoa Inc. (AA) stock prices updated...
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Alcoa Inc. stock price, AA
Alcoa Inc. stock chart:
Alcoa Inc. close price: 31.79
Stock price forecast:
UP TO +8.74%
Total forecasts: 81
Reached: 51 (62.96%)
Total Win: 120.62 (354.31%)
Showing 1-10 of 497 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Alcoa Inc. latest news:
BRIEF-Third Point cuts share stake in Facebook, JPMorgan, ups in Alphabet
* Third Point LLC takes share stake of 2.5 million shares in
BRIEF-Alcoa files to say selling stockholders are offering about 13 mln shares
* Files to say selling stockholders are offering about 13
million shares of co's common stock - sec filing
Alcoa to shut New York office as part of cost saving plan
Alcoa Corp. will close its New York office and move its headquarters to Pittsburg, effective Sept. 1, in line with plans to consolidate the aluminum maker's offices and lower expenses, the company said Wednesday. It will also shutter seven offices in the U.S., Europe, and Asia and relocate affected employees. The company expects the streamlining to result in savings of $5 million a year. Alcoa shares were unchanged in the extended session after closing down 1.5% to $31.30. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Alcoa says consolidates administrative locations
* Alcoa Corp - company to streamline administrative
locations globally to reduce complexity and lower costs
Arconic CEO to leave company after using 'poor judgment' by sending letter to activist investor
Shares of Arconic Inc. surged 5.2% in premarket trade Monday, after the company said Chief Executive Klaus Kleinfeld was leaving the company after he used "poor judgment" by contacting an activist investment without authorization. Arconic named board member David Hess as interim CEO, while lead director Patricia Russo was named interim chairman. The company said in a statement that Kleinfeld stepped down after the broad learned that he sent a letter directly to a senior officer at investor Elliott Management, which has been pushing for Kleinfeld to step down, and for four new board members. "Importantly, this decision was not made in response to the proxy fight or Elliott Management's criticisms of the company's strategy, leadership or performance and is not in any way related to the financials or records of the company," the company said in a statement. Kleinfeld was CEO of Alcoa Inc. since 2008, then became CEO of Arconic after he led the aluminum giant's separation into two companies. The stock had soared 40% year to date through Thursday, while the S&P 500 had gained 4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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