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By Lu Wang and Sonja Elmquist, Bloomberg |
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
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By Agnieszka Troszkiewicz, Bloomberg |
March 15, 2013
Industrial metals headed for a second weekly advance in London on signs of a reviving economy in the U.S., the second-biggest consumer of copper and aluminum.
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By Sungwoo Park |
February 5, 2013
Copper rose to near a four-month high as signs of a recovery from China to the U.S. strengthen the outlook for demand for industrial metals.
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By Sonja Elmquist, Bloomberg |
January 9, 2013
Alcoa Inc., the largest U.S. aluminum producer, sees global demand growth for the commodity recovering to 7% in 2013 as China’s economic rebound drives demand for cans, transport and office buildings.
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By Agnieszka Troszkiewicz and Maria Kolesnikova, Bloomberg |
December 26, 2012
The record glut in aluminum will be no bar to rising prices because of delays in getting metal from warehouses, even as Barclays Plc advises investors to sell and Morgan Stanley says it has the worst outlook of any commodity.
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By Sonja Elmquist, Bloomberg |
July 9, 2012
Alcoa Inc., the largest U.S. aluminum producer, reported second-quarter earnings and revenue that beat analysts’ estimates after an increase in orders from the auto and aerospace industries.
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By Sonja Elmquist, Bloomberg |
July 9, 2012
Alcoa Inc., the largest U.S. aluminum producer, may report an 84 percent decline in second-quarter earnings as the eighth straight year of surplus global production drives down the price of the metal.
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By Phil Burgert |
May 1, 2012
Sideways action that has been a feature of both base and precious metals markets for much of the past year is expected to continue in future months, although some upturn could come late in the year.
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By Sonja Elmquist, Bloomberg |
April 10, 2012
Alcoa Inc., the largest U.S. aluminum producer, reported an unexpected first-quarter profit after customers from automakers to beverage-can manufacturers ordered more of the metal.
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By Jon Nadler |
February 13, 2012
Daily metals update including analysis of gold and silver
