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Reliance Steel (RS) Q1 Earnings and Revenues Beat Estimates

12:05pm, Thursday, 28'th Apr 2022 Zacks Investment Research
Reliance Steel (RS) delivered earnings and revenue surprises of 16.94% and 8.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Arconic (ARNC) Q1 Earnings Expected to Decline

07:01pm, Tuesday, 26'th Apr 2022 Zacks Investment Research
Arconic (ARNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PITTSBURGH--(BUSINESS WIRE)--Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss first quarter 2022 financial results on Tuesday, May 3, 2

7 Stocks Hit Hardest by Supply Chain Issues

06:30am, Thursday, 31'st Mar 2022
Buying the dips on stocks hit hardest by temporary supply chain issues could capture high return opportunities. We discuss seven options today.
Arconic Corporation manufactures aluminum sheets, plates, extrusions, and architectural products for the ground transportation, aerospace, and packaging end markets.
Arconic did a tremendous job in 2021 growing its business despite headwinds.
A Yale professor and his research team are keeping tabs on companies that are still operating in Russia following its invasion of Ukraine --- and many have now pulled out.
During the recent session, Arconic Corporation (NYSE:ARNC)’s traded shares were 0.73 million. At the last check today, the stock’s price was $25.10, reflecting an intraday gain of 1.70% or $0.42. The 52-week high for the ARNC share is $38.49, that puts it down -53.35 from that peak though still a striking 6.18% gain since the … Is Arconic Corporation (NYSE: ARNC) Still A Loss Stock Despite Being Down -25.23% YTD? Read More »
The S&P 500 is having a rough start to 2022, down 11.27% year to date. Since Russia invaded Ukraine on Feb. 24, the S&P 500 has fallen an additional 0.78%. Following are lists of sectors via Fidelity

Arconic Halts New Contracts In Russia

04:59pm, Thursday, 10'th Mar 2022 Benzinga
Arconic Corp (NYSE: ARNC ) is pausing new contracts in Russia and will only conduct business that fulfills … Full story available on Benzinga.com

How Arconic (ARNC) Stock Stands Out in a Strong Industry

01:54pm, Thursday, 10'th Mar 2022 Zacks Investment Research
Arconic (ARNC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Arconic Corp. said Thursday it will pause new contracts in Russia, as the aluminum company joined a growing list of U.S. companies halting Russia operations in response to the country''s invasion of Ukraine. Arconic said, however, that it will continue to conduct business in Russia that fulfills existing obligations, "in accordance with applicable laws, regulations and international rules." The company said it will grant $300,000 to humanitarian relief organizations and will match personal donations made by its employees. The company has a facility in Samara, Russia that produces sheets, plates, extrusions and forgings. As of Dec. 31, cash and cash equivalents held in Russia represented 7% of Arconic''s total liquidity. The stock, which was still inactive in premarket trading, has tumbled 20.9% over the past three months while the S&P 500 has lost 9.2%. 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.
Arconic (ARNC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Large caps like Renault and Citigroup have suffered double-digit declines in part due to Russia's invasion of Ukraine. The conflict has had a more severe impact on some smaller stocks.
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