Alcoa Inc. (NYSE:AA) declared that it anticipates Chinese exports of semi-finished aluminum to slow as prices drop and Beijing increases oversight, still as the U.S. firm blamed the world’s top producer and consumer for a ballooning global surplus. Chief Executive Officer Klaus Kleinfeld said shipments of semis, including profiles and […]

Aluminum maker Alcoa Inc. (NYSE:AA) released that a slight surge in profit, thanks to its strong aerospace and automotive divisions that narrowly made up for a worldwide aluminum glut that continues to depress prices. Alcoa, the first main U.S. firm to report quarterly earnings, posted a profit of $140 million, […]

Alcoa Inc. (NYSE:AA) dropped over 3.21% in early trading session on Wednesday as the Beijing’s panicked reaction to sliding Chinese stock prices must be reasoning a few ripples of anxiety at Alcoa, too. When Alcoa released Q2 results, investors will be looking for any glimmers of a rebound in metal […]

Hewlett-Packard Company (NYSE:HPQ) declared that its Bill Veghte, Executive VP of HP’s Enterprise Group, would depart the firm later this summer to follow a new prospect. Since October, Veghte has been leading the separation efforts for Hewlett Packard Enterprise, working closely with Chris Hsu and the Separation Management Office, while […]