Alcoa (AA) Misses Q3 EPS by 2c
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October 12, 2016 7:54 AM EDT
Deutsche Bank maintained a Buy rating on Alcoa (NYSE: AA) but lowered its price target to price target of $33.00 (from $36.00). The change follows the release of Q3 results.
Analyst Jorge Beristain said, "Alcoa reported adj. dil. EPS of $0.32, below DBe of $0.33 and Thomson One... More
October 11, 2016 4:50 PM EDT
BofA/Merrill Lynch downgraded Alcoa (NYSE: AA) from Buy to Neutral.
For an analyst ratings summary and ratings history on Alcoa click here. For more ratings news on Alcoa click here.
Shares of Alcoa closed at $31.51 yesterday.
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October 11, 2016 9:52 AM EDT
The United Steelworkers (USW) announced that it has reached an agreement with Alcoa on the effects of the company's pending separation into two independent, publicly-traded businesses: Arconic and Alcoa Corporation.
"This agreement affirms that that current labor and benefits agreements will remain in force and that past interpretations, practices and arbitration history will be observed by both companies," said USW International President Leo W. Gerard.
"The separation raised serious concerns about retiree... More
