Alcoa Inc.

alcoa inc. - All News and Analysis

• Stocks in Biggest Fall in a Month on Jobs and Tech

  Reuters - 2009-01-07

  By Chuck MikolajczakNEW YORK (Reuters) - Stocks suffered their worst decline in more than a month on Wednesday after a grim private-sector jobs report coupled with a revenue warning from top chip maker Intel Corp INTC revived deep concerns about the economy.Energy shares slid after data showed an abundance of...

  Tags: Job, Stock, Nasdaq Stock Market Inc., Intel Corp., Alcoa Inc., Apple Inc., Barack Obama, Chevron Corp., Exxon Mobil Corp., Goldman Sachs & Co., Microsoft Corp., Morgan Stanley, S&P 500, Time Warner Inc., US

• German and U.S. Job Woes Mount

  ReutersUK - 2009-01-07

  By Matt Daily and Jason NeelyNEW YORK/LONDON (Reuters UK) - Global job woes worsened on Wednesday on bleak employment data from the United States and Germany, while microchip giant Intel INTC warned that slack demand for computers would hurt its revenue.Intel's statement that fourth-quarter revenue would likely fall 23 percent...

  Tags: Job, Alcoa Inc., Genentech Inc., Intel Corp., Orbitz, Time Warner Inc., US, US Airways Group Inc.

• Alcoa to Cut 13% of Global Work Force

  AAP - 2009-01-07

  Aluminum producer Alcoa Inc said on Tuesday it will cut 13,500 jobs, or 13 per cent of its work force, and slash spending and output to cope with the global economic slowdown.The Pittsburgh-based company also said 1,700 contractors will be cut as part of a broad-based plan to reduce...

  Tags: Alcoa Inc., Recruitment & Selection, Taxes, Free Trade, Benefits, Payroll Solutions, Human Resources, Workforce Management, Financial Planning, Finance, AP

• Three Industrial Indicators of Recession

  Seeking Alpha - 2009-01-07

  Tom Lindmark submits: Three reports from industrial giants Tuesday underscored the gravity of the recession. LyondellBasel Industries sought bankruptcy protection for its U.S. subsidiary. Lyondell is the third largest independent chemical company in the World. It is headquartered in Holland. by Tom Lindmark

  Tags: Materials/Industrials, Tom Lindmark, Alcoa Inc., Toyota Motor Corp.

• Alcoa Says Cuts to Affect 18 Percent of Russia Workforce

  Reuters - 2009-01-07

  MOSCOW (Reuters) - Alcoa Inc AA, which is cutting aluminum production and jobs in the face of the global economic downturn, plans measures in Russia that will affect 18 percent of its workforce in the country, the company said on Wednesday.Alcoa, which employs 7,900 people in Russia, said it aimed...

  Tags: Russia, Alcoa Inc., Recruitment & Selection, Workforce Management, Payroll Solutions, Human Resources, Us

• Alcoa Sheds Costs, Should Benefit Greatly Once Recovery Begins

  Seeking Alpha - 2009-01-07

  Ockham Research submits: Alcoa AA announced after the close of trading Tuesday that it will cut some 15,000 jobs or about 15% of its workforce. In addition, the company is halving its capital expenditure budget and hopes to divest its unprofitable foil, electric-systems, automotive-wheel and European transportation-products businesses....

  Tags: Materials/Industrials, Ockham Research, Alcoa Inc.

• FTSE Falls on Banks and Miners

  ReutersUK - 2009-01-07

  By Dominic LauLONDON (Reuters UK) - The top share index was down 1.3 percent early on Wednesday after gaining for six straight sessions, led by miners and banks, but Marks & Spencer MKS rose on relief that its poor trading results were not worse.By 8:39 a.m., the FTSE 100...

  Tags: Bank, HBOS Plc., MKS Inc., FTSE, Alcoa Inc., Blount International Inc., BMB Munai Inc., Ferrellgas Partners L.P., Marks & Spencer, Standard Parking Corp.

• Alcoa to Slash Over 15,000 Jobs

  ReutersUK - 2009-01-07

  By Steve JamesNEW YORK (Reuters UK) - Alcoa Inc AA said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminium production in the face of the global economic downturn.The largest U.S. aluminium producer said it imposed a global salary...

  Tags: Job, Alcoa Inc., Corporate Law, Taxes, Recruitment & Selection, Transportation, Financial Accounting, Free Trade

• Alcoa to Slash Jobs and Sell 4 Units

  Reuters - 2009-01-06

  By Steve JamesNEW YORK (Reuters) - Alcoa Inc said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminum production in the face of the global economic downturn.The largest U.S. aluminum producer said it imposed a global salary and hiring...

  Tags: Job, Alcoa Inc., Corporate Law, Taxes, Recruitment & Selection, Transportation, Financial Accounting, Free Trade

• Alcoa's Price Drop Is an Opportunity

  Seeking Alpha - 2008-11-23

  The current economic crisis is creating unique buying opportunities for some blue chip companies trading at historic price lows. Alcoa AA, which is the largest aluminum producer in the US, is currently trading at below $7.00 per share. Alcoa’s stock has not been this low since the early...

  Tags: Materials/Industrials, Mark Riddix, Alcoa Inc.

• Alcoa: Analyst Downgrades and Price Cuts; Looks Like a Bottom

  Seeking Alpha - 2008-11-12

  Ryan Barnes submits: For a moment, let’s hop into the 'WayBack' machine and set it for July 1, when Alcoa AA was trading 200% higher, spot prices for aluminum were just beginning to show some weakness, and the credit crisis was still confined to the worries of a few scattered...

  Tags: Analyst, Alcoa Inc., Seeking Alpha, Ryan Barnes, Investment, Finance, Materials/Industrials

• Chalco Appears Better Positioned for Recovery as Alcoa's Outlook Is Uncertain

  Seeking Alpha - 2008-11-04

  A tough quarter for Alcoa Results from Alcoa’s AA most recent quarter indicated that the company is faring no better than competitors and many other basic materials companies in the tough economic environment. During the most recent conference call, President and CEO, Klaus Kleinfeld expressed his surprise at the...

  Tags: Recovery, Alcoa Inc., Seeking Alpha, Chalco, Microsoft Outlook, Groupware, Microsoft Office, Office Suites, Software, Enterprise Software, Amandeep Kalsi, Materials/Industrials

• Alcoa Supplies Spaceframe for Ferrari California

  - 2008-10-23

  Lightweight Solution Latest in Alcoa and Ferrari Innovation in Aluminum CLEVELAND -- Alcoa Wheel and Transportation Products announced today that it has been selected by Ferrari S.p.A. to supply the all-aluminum spaceframe for the upcoming Ferrari California. The California, recently unveiled at the Paris International Motor Show, is the...

  Tags: Alcoa Inc., Company, Ferrari, Transportation

• Audi Selects Alcoa Wheel's Dura-Bright® Technology for New A6

  - 2008-10-10

  Stay Clean Wheel Option Latest in Alcoa and Audi Innovation in Aluminum CLEVELAND -- Audi AG has selected Alcoa to supply forged aluminum wheels with Dura-Bright[R] technology surface treatment for the new 2009 Audi A6 recently debuting at the Paris International Motor Show. Dura-Bright[R] technology enhances the image...

  Tags: Alcoa Inc., aluminum, Audi AG, Company, Transportation

• Alcoa, Inc. Q3 2008 Earnings Call Transcript

  Seeking Alpha - 2008-10-07

  Question-and-Answer SessionOperator Operator Instructions Our first question comes from John Hill - Citigroup. John Hill - Citigroup I was wondering if you could provide a bit more commentary on the currency impacts. There’s a lot of numbers in the release and the presentation. If you could...

  Tags: Call Transcript, Earnings, Citigroup Inc., Alcoa Inc., Benefits, Financial Accounting, Human Resources, Finance, Seeking Alpha

• Alcoa: Dead Money Personified

  Seeking Alpha - 2008-10-02

  Kofi Bofah submits: Alcoa AA is the world's third largest producer of aluminum and the leading producer of alumina, a white granular material that is chemically defined as aluminum oxide. The Pittsburgh corporation's refinery operation in Western Australia is capable of supplying 15% of international demand. The company manufactures thousands...

  Tags: Alcoa Inc., Materials/Industrials

• Alcoa Foundation Aids Victims of Hurricane Ike; Grant to American Red Cross Chapter in Louisiana

  - 2008-09-18

  NEW YORK -- Alcoa Foundation today announced that it has awarded a $100,000 grant to the American Red Cross of Southwest Louisiana to aid victims of last week's widespread flooding caused by Hurricane Ike. Alcoa employs approximately 200 people at its Lake Charles, Louisiana, anode plant. The grants are...

  Tags: Alcoa Inc., American Red Cross

• Dogs of the Dow in the Dumpster

  Seeking Alpha - 2008-09-17

  Mebane Faber submits: Not surprising to readers of World Beta, the Net Payout Yield strategy is beating all the dividend strategies this year (and did so in 2007 as well). Before you leave any comments please read the background posts on net payout yield - it is NOT dividend...

  Tags: US Market, Alcoa Inc., Boeing Co., Citigroup Inc., Caterpillar Inc., E. I. Du Pont de Nemours & Co., The Walt Disney Co., General Electric Co., General Motors Corp., Home Depot Inc., Honeywell International Inc., Hewlett-Packard Co., IBM Corp., J.P. Morgan Chase & Co., McDonald's Corp., Altria Group Inc., Pfizer Inc., AT&T Corp., Verizon Communications Inc., Exxon Mobil Corp.

• Year to Date Performance of Dow 30 Members

  Seeking Alpha - 2008-09-02

  Hickey and Walters Bespoke submit: Below we highlight the year to date performance of the 30 DJIA members with four months remaining in 2008.  As shown, Wal-Mart WMT tops the list with a gain of 27.5% year to date.  WMT is trailed by IBM (14%), McDonald's (8.2%), Johnson&Johnson...

  Tags: US Market, Alcoa Inc., American International Group Inc., American Express Co., Boeing Co., Bank of America Corp., Citigroup Inc., Caterpillar Inc., Chevron Corp., E. I. Du Pont de Nemours & Co., The Walt Disney Co., General Electric Co., General Motors Corp., Home Depot Inc., Hewlett-Packard Co., IBM Corp., Intel Corp., Johnson & Johnson, J.P. Morgan Chase & Co., Coca-Cola Co., McDonald's Corp., 3M Co., Merck & Co. Inc., Microsoft Corp., Pfizer Inc., Procter & Gamble Co., AT&T Corp., United Technologies Corp., Verizon Communications Inc., Wal-Mart Stores Inc., Exxon Mobil Corp.

• Difficult Stocks

  Seeking Alpha - 2008-08-26

  Mike Steinhardt submits: There are a bunch of stocks that I obviously don’t get. Over time, approximately 68% of the 53,000+ signals at HEDGEfolios have been correct. However, there are a few stocks that I am chronically challenged by and when you take a look at the performance...

  Tags: Seeking Alpha, Alcoa Inc.

• Incorporated: 1888
• CEO: Dr. Klaus Kleinfeld Ph.D.