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Alcoa paid $50 a share in cash for half of the shares and 0.6975 Alcoa share for each of the remaining Alumax shares. Alcoa also assumed $1 billion in debt. [ 19 ] Alumax's assets included the Eastalco aluminum smelter in Adamstown, Maryland , the Intalco aluminum smelter in Ferndale, Washington , and the Kawneer brand of building construction ...
Alcoa Corporation (NYSE:AA) shares are trading higher on premarket Thursday. On Wednesday, the company reported third quarter sales of $2.904 billion, missing the consensus of $2.967 billion.
Alcoa Corporation ( NYSE:AA ) shareholders have seen the share price descend 26% over the month. In contrast, the...
Alumina was founded in December 2002 when Western Mining Corporation spun off its aluminium and bauxite assets. [1]Alumina's only business activity is as the owner of a 40% share in Alcoa World Alumina & Chemicals (AWAC), a joint venture with Alcoa.
Clorox shares rose 2.1% to $166.80 in pre-market trading. Jefferies boosted the price target for Alcoa Corporation (NYSE: AA) from $52 to $60. Alcoa shares rose 0.7% to $47.06 in pre-market trading.
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The company was acquired by Alcoa on May 3, 2000, to become the largest aluminum company in the United States. [1] [2] On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. Hart merged his other packaging companies into ...
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