Alcoa Corp.

Alcoa (NYSE: AA), the inventor and global leader of forged aluminum wheels, said that it will roll out its lightest heavy-duty truck wheel in Europe to help fleets increase payload and fuel efficiency. Alcoa, the inventor and global leader of forged aluminum wheels (shown here), announced that it will roll out its lightest heavy-duty truck wheel in Europe to help fleets increase payload and fuel efficiency. (Photo [...]

Alcoa (NYSE:AA) today announced that it has priced its underwritten public offering of $1,250,000,000 aggregate principal amount of its 5.125% Notes due 2024. The offering is expected to close on September 22, 2014, subject to customary closing conditions. Net proceeds from this offering, after deducting underwriting discount and commissions and estimated offering expenses, are expected to be approximately $1.2 billion [...]

Alcoa (NYSE:AA) today announced the pricing of its public offering of 25,000,000 of its depositary shares ("Depositary Shares") at $50 per Depositary Share. Each Depositary Share represents a 1/10th interest in a share of Alcoa’s 5.375% Class B Mandatory Convertible Preferred Stock, Series 1, par value $1.00 per share ("Mandatory Convertible Preferred Stock"). Each share of Mandatory Convertible Preferred Stock has a [...]

Alcoa (NYSE:AA) today announced that it has commenced an underwritten public offering, subject to market and other conditions, of 25,000,000 of its depositary shares ("Depositary Shares") (or up to 28,750,000 Depositary Shares if the underwriters of the offering exercise their over-allotment option in full). Each Depositary Share represents a 1/10th interest in a share of Alcoa’s Class B Mandatory Convertible Preferred [...]

For the thirteenth year in a row, Alcoa (NYSE: AA) has been named to one of the most highly recognized and longest-standing global sustainability indexes, the Dow Jones Sustainability Indexes (DJSI). Alcoa was again recognized as the Aluminum Industry Leader on the Dow Jones World Index. “Sustainability is a core Value at Alcoa. No decision is made or action taken without a careful consideration of the economic [...]

Leading aerospace manufacturer Alcoa (NYSE:AA) has signed a long-term contract to supply aluminum sheet and plate products to Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. The multiyear contract, valued at more than $1 billion, is the largest ever between the two companies. Alcoa signs the largest-ever contract with Boeing to [...]

Alcoa (NYSE:AA) today announced that it intends to permanently close its Portovesme (Carbonia-Iglesias, Italy) primary aluminum smelter, which has been curtailed since November 2012. The closure will reduce Alcoa’s global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year. The Portovesme smelter was curtailed in 2012 because it was one of the highest cost smelters in the Alcoa system and had [...]

Ryan Directional Services, a division of Nabors (NYSE: NBR)—the world’s largest owner and operator of land-based drilling rigs—has selected Alcoa’s (NYSE:AA) oil and gas drill pipe for its onshore horizontal drilling applications across North American shale plays. Ryan Directional Services, a division of Nabors, has selected Alcoa’s oil and gas drill pipe, shown here, for faster on-shore horizontal dr...

The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2014 to shareholders of record at the close of business on August 8, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2014 to shareholders of record at the close of business on September 12, 2014. About Alcoa A global leader in [...]

Lightweight metals technology, engineering and manufacturing leader Alcoa (NYSE:AA) today announced that R&D Magazine has named Alcoa 951 — an enabler for adhesive bonding of aluminum-intensive vehicles (AIVs) — an R&D 100 Award winner. The 52nd Annual R&D Awards, known as the "Oscars of Invention", recognize the top 100 technology innovations introduced in the past year across industry, academia and government-sponsored [...]