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PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation announced today it is contributing $1.8 million across three years to Teach For All to expand mental health support and wellbeing initiatives in classrooms, communities and organizations. The funding will support the launch of new teacher wellbeing initiatives across three continents through support for Teach For Australia, Ensina Brasil, and Teach For America. Teach For All and its network partners have found, through programming and research, that.
Dublin, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The "Aluminum Forging Market Analysis by Forging Type, End-user, and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global aluminum forging market was valued at US$22.71 billion in 2023 and is expected to reach US$31.73 billion by 2029. The market is expected to grow at a CAGR of approx. 6% during the forecasted period of 2024-2029.
Alcoa's strong Q2'24 performance was driven by favorable aluminum prices and cost-cutting, leading to improved margins despite lower volumes. Positive macroeconomic factors, including tariffs on Chinese imports and expected aluminum demand growth, create favorable conditions for Alcoa. Alcoa's financial position strengthened by inventory reductions and strategic asset sales. I believe management will use the raised cash to deleverage the balance sheet and enhance shareholder value.
Shares of Alcoa (AA) jumped Monday as the aluminum giant said it was selling its 25.1% stake in a joint venture with Saudi Arabia Mining Co., known as Ma'aden.
U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Ma'aden for $1.1 billion.
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced today that it has entered into a binding share purchase and subscription agreement (the “Agreement”) with Saudi Arabian Mining Company (“Ma'aden”), under which Alcoa will sell its full ownership interest of 25.1% in the Ma'aden Joint Venture to Ma'aden for approximately $1.1 billion. The transaction consideration comprises approximately 86 million shares of Ma'aden (valued at $950 million based on the v.
Alcoa Corporation (NYSE:AA ) Morgan Stanley's 12th Annual Laguna Conference September 12, 2024 10:00 AM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Carlos De Alba Good morning everyone. Thank you for joining the conference.
Toronto, Ontario--(Newsfile Corp. - September 10, 2024) - Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) ("Li3 Lithium" or the "Company") is pleased to announce it will be changing its name to "Global Copper Corp." (the "Name Change"). The Name Change was approved by shareholders of the Company at its annual and special meeting held on August 22, 2024.
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce that effective on August 26, 2024, the name of Days Global Advisors' flagship Absolute Return ETF will be changed to the DGA Core Plus Absolute Return ETF. The Fund will continue to trade under the existing ticker “HF.”
Alcoa Corporation (NYSE:AA ) Jefferies Global Industrial Conference Call September 5, 2024 1:20 PM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher LaFemina - Jefferies Christopher LaFemina All right. Thank you all for attending this session.