Alcoa Stock News

NEW YORK CITY (dpa-AFX) - Alcoa Corporation (AA) announced the purchase of group annuity contracts that will facilitate the transfer of approximately $1 billion of pension obligations and assets a

Alcoa Corp. said Wednesday that it has bought group annuity contracts that will help transfer $1 billion in pension obligations for defined benefit pension plans for certain retirees and beneficiaries in the U.S. The aluminum company''s stock rose 1.6% in premarket trading. The transfer will be completed later in November. Alcoa said the group annuity contracts will be executed by subsidiaries of Athene Holding Ltd. , with Athene assuming payments in December 2021 for about 11,200 participants in U.S. pension plans. The stock has soared 109.1% year to date through Tuesday, while Athene shares have shot up 99.6% and the S&P 500 has gained 25.2%. 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.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced the purchase of group annuity contracts that will facilitate the transfer of approximately $1 billion of pension obligations and assets associated with defined benefit pension plans for certain United States retirees and beneficiaries. The transfer, which will be complete later this month, will further enhance Alcoa’s strong balance sheet, reduce the risk from volatility in pension plan obligations, and continue to meet c

Alcoa Corp. AA, -4.80% said Wednesday that it has bought group annuity contracts that will help transfer $1 billion in pension obligations for defined benefit pension plans for certain retirees and be

Analysts at Wolfe Research started coverage on shares of Alcoa (NYSE:AA) in a research report issued on Tuesday, The Fly reports. The brokerage set an “outperform” rating on the industrial products company’s stock. AA has been the topic of several other reports. B. Riley increased their price target on shares of Alcoa from $51.00 to […]

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) has once again been recognized for environmental, social and governance (ESG) performance based on criteria in the annual Dow Jones Sustainability Indices. The Dow Jones Sustainability Indices (DJSI) are the longest-running benchmarks to assess the sustainability performance of the worlds largest companies. Alcoas name has been included in the DJSI every year since the inception of the annual listings in 1999. Sustainability is embedd

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Alcoa stock has jumped 8.5% in just the last one week and has surpassed $50 level, outperforming the S&P 500 which declined marginally in the last week. If you look at the change in the stock over the

In the latest trading session, 4.17 million Alcoa Corporation (NYSE:AA) shares changed hands as the companys beta touched 2.41. With the companys most recent per share price at $50.21 changed hands at -$1.71 or -3.30% at last look, the market valuation stands at $9.58B. AAs current price is a discount, trading about -14.66% off its Alcoa Corporation (NYSE: AA): Dont Ditch AA Stock In 2021 Read More »

IFP Advisors Inc increased its holdings in Alcoa Co. (NYSE:AA) by 12,447.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,459 shares of the industrial products companys stock after buying an additional 120,491 shares during the period. IFP []

Aluminium pioneer Alcoa Corporation announced this week a technological plan that it hopes will lead the aluminium industry into more sustainably producing the metal in the future. The firm says its technological roadmap are capable of not only moving the aluminium industry into wider sustainability, but are also economically beneficial in the coming low-carbon future. [] The post Alcoa Unveils Roadmap To Sustainable Aluminium appeared first on Aluminium Insider .

Equities analysts expect Alcoa Co. (NYSE:AA) to post earnings of $2.50 per share for the current quarter, according to Zacks. Three analysts have made estimates for Alcoas earnings. The lowest EPS estimate is $2.12 and the highest is $2.73. Alcoa reported earnings of $0.26 per share during the same quarter last year, which would indicate []

Alcoa Is Positioned For A Move Higher (The Momentum Investor)