Alcoa Requests Exemption as Tariffs Outweigh Positive Macro Environment [TheStreet.com]
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: TheStreet.com
The largest U.S. aluminum producer wants to be relieved of tariffs designed to improve U.S. metal production, even though President Trump said trade wars are good and easy to win. Alcoa Corp. ( AA ) late Monday requested that it be exempt from the president's 10% tariff on imported aluminum. The Pittsburgh-based company wants to exclude some of its Canadian-produced aluminum rolling slab from the tariff because it needs this product to meet demand. Due to the unavailability of U.S. production of the exact slabs, or an acceptable substitute, meeting Alcoa's alloy and dimensional specifications, Alcoa must import these slabs in order to satisfy its U.S. manufacturing demands, Alcoa said in a statement on its website. Payment of the Section 232 tariffs on these imports would result in Alcoa being less competitive both domestically and on an export basis for these products. The Trump administration in March implemented global tariffs on steel and aluminum. Init
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
- What's Hurting The Aluminum Market Should Be Good For Alcoa [Seeking Alpha]Seeking Alpha
- 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
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