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Citi Skeptical Of Alcoa Split: Are There Benefits?
Tuesday, September 29, 2015 - 3:41pm | 479Alcoa Inc (NYSE: AA) has announced that it will be splitting its Value-Add and Upstream businesses into separate public companies. The decision is somewhat of a surprise given the company’s past statements and the current commodity environment. Citi fails to see the benefits to such a move,...
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Alcoa's CEO On TITAL Acquisition And Effects On Business From Lower Oil Prices
Monday, December 15, 2014 - 3:25pm | 352The third-largest producer of aluminum in the world, Alcoa Inc (NYSE: AA), announced Monday morning that it will be acquiring Germany-based castings company TITAL. Klaus Kleinfeld, chairman and CEO at Alcoa, was on CNBC to discuss the deal and the company’s further expansion in the...