Aluminum

TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has completed the divestiture of its fastener businesses to Alcoa Inc. (NYSE: AA) for approximately $240 million. These businesses, which...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Medifast (NYSE: MED) has “no growth.” He added, “I suggest you look into Weight Watcher's (NYSE: WTW) which has great growth and is shareholder friendly." Cramer likes PPL Corp (NYSE: PPL), adding that the stock is a “super duper...

As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. First up is Alcoa (AA). Alcoa gets a combined score of -3.5. Most of that is due to the poor technicals that shares have been exhibiting. Shares just popped above the 50-day moving average where...

Alcoa (NYSE: AA) today announced that it has finalized a deal with ORKLA ASA to acquire full ownership of the technology associated with the carbothermic aluminum production process, previously jointly owned by the companies. Details of the transaction were not disclosed.

Alcoa (NYSE: AA) announced today it has become a minority investor in Electronic Recyclers International (ERI). Alcoa Vice President and Chief Sustainability Officer Kevin Anton will also become a director of ERI. Consumer electronics represents a fast-growing market for aluminum because of the...

The broad market took it on the chin yesterday, losing around 1.5%, and Alcoa (AA) was among the worst-performing names in the Dow, shedding more than 3% of its value. The aluminum company's CEO said Tuesday that while U.S. industrial demand for the metal is improving, he doesn't feel “the current...

Cusick's Corner Buck bounces after Bernanke's testimony and Oil pulls back from $100. This market is entering what I might refer to as the Bermuda Triangle -- moderate volatility, 50/50 short-term sentiment, Put/Call Ratio 1.074 (OEX). Front month volatility, as measured by VIX, is currently 20.31...

Cusick's Corner News out of the Middle East is flowing out, with overnight markets tossing and turning on each headline. I watched the futures trade quite erratically with each headline, but decided that this action was extremely choppy and not worth playing. This choppy action has continued and...

Dahlman Rose & Company maintained its Kaiser Aluminum (NASDAQ: KALU) Hold rating in a research report published today. In the report, Dahlman Rose & Company states, "Kaiser Aluminum reported 4Q10 EBITDA ex-non-run-rate items (NRR) of $15.7 MM, versus our estimate of $15 MM. Total 4Q10...

Dahlman Rose is out with a research report this afternoon, where it reiterates its Hold rating on Century Aluminum (NASDAQ: CENX). The DR analysts noted that CENX's recently quarterly results were above the consensus estimate on higher revenues, as the company's US production and the realized...

PRE-MARKET MOVERS:(PLAB),(ELOS),(AEIS),(CENX)..

Century Aluminum Company (NASDAQ: CENX) reported net income of $65.3 million ($0.65 per basic and $0.64 per diluted common share) for the fourth quarter of 2010. Financial results were negatively impacted by a mark-to-market loss on forward contracts of $5.7 million primarily related to LME price...

Benzinga is switching to a new feed. Check this blog post to find out more. Welcome to Zing Talk, where Benzinga brings you the biggest names and brightest minds from Silicon Valley to New York City. Direct Download Subscribe In iTunes I'm Matt Boesler and joining us today is Vitaliy...

Russian aluminum giant United Company RUSAL, the world's largest producer of the industrial metal, said that an exchange traded fund backed by physical aluminum could make its debut in a matter of weeks. There are currently no ETFs available on the market that are backed by physical aluminum. "...

Recently, the U.S. Dollar Index has staged a small two week rally. The U.S. Dollar Index made a short term low around the $77.00 area on February 2, 2011. This morning the U.S. Dollar Index is trading higher by 0.33 cents to $$78.59. Usually, when the U.S. Dollar Index rallies higher the major...