Alcoa urges LME not to trade Russian metal to avert 'crisis' - Bloomberg [Seeking Alpha]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.alcoa.com
Company Research
Source: Seeking Alpha
Alcoa urges LME not to trade Russian metal to avert 'crisis' - BloombergOct. 04, 2022 6:22 PM ETAlcoa Corporation (AA)By:Carl SurranSA News Editor1 CommentFuntay/iStock via Getty ImagesAlcoa (NYSE:should not be tradedAlcoa's (LME to take action to "avert an impending crisis," referring to concerns that a wave of Russian metal could be dumped on the exchange, depressing prices that are used as global benchmarks."Without immediate action, the LME aluminum contract will be disproportionately influenced by one brand that much of the Western world has rejected and will not properly reflect the actual supply and demand dynamics of the aluminum industry," the letter said, according to Bloomberg.Russian aluminum currently is not sanctioned in the U.S. and Europe, and aluminum is flowing into the U.S. from Russia at similar rates as before the war in Ukraine.Rio Tinto CEO Jakob Stausholm said last month that the continued flow of aluminum from Russia wasmaking North American producers less com
Show less
Read more
Impact Snapshot
Event Time:
AA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AA alerts
High impacting Alcoa Corporation news events
Weekly update
A roundup of the hottest topics
AA
News
- Industrial leader Dag J. Opedal elected to be the new Chair of HydrogenPro ASA [Yahoo! Finance]Yahoo! Finance
- Alcoa raised at Morgan Stanley on cost saving measures [Seeking Alpha]Seeking Alpha
- Alcoa Co. (NYSE: AA) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $36.50 price target on the stock, up previously from $28.50.MarketBeat
- Alcoa Co. (NYSE: AA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website