Cube Hydro Carolinas, an Affiliate of Cube Hydro Partners, Reaches Agreement to Acquire Hydroelectric Plants on the Yadkin River in North Carolina from Alcoa Power Generating Inc.

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Go back to Cube Hydro Carolinas, an Affiliate of Cube Hydro Partners, Reaches Agreement to Acquire Hydroelectric Plants on the Yadkin River in North Carolina from Alcoa Power Generating Inc.

BMO Capital Remains Sidelined on Alcoa (AA) Following 2Q EPS Beat

July 12, 2016 10:47 AM EDT

BMO Capital maintained a Market Perform rating and $9.00 price target on Alcoa (NYSE: AA) following the company's 2Q earnings report. AA reported adjusted EPS of $0.15, ahead of the consensus estimate of $0.09.

Analyst David Gagliano commented, "Versus our estimates, the main driver for the better result was in the upstream primary aluminum segment, in turn from... More