Al­coa’s earn­ings

Daily Freeman (Kingston, NY) - - BUSINESS -

Stub­bornly low alu­minum prices have weighed on Al­coa’s bot­tom line.

That’s one rea­son the com­pany is mov­ing ahead this year with a plan to split its alu­minum-smelt­ing busi­ness from a newly cre­ated pub­lic com­pany mak­ing light­weight prod­ucts for the aero­space and au­to­mo­bile in­dus­tries. In­vestors will be lis­ten­ing for an up­date on that tran­si­tion today, when Al­coa re­ports its third-quar­ter earn­ings.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.