On Friday, Shares of Alcoa Inc. (NYSE:AA), lost -0.46% to $12.94.
Alcoa, was presented with two top awards at the Platts 2015 Global Metals Awards ceremony held last night in London.
Platts named Alcoa Metals Company of the Year, the publication’s highest award, for all-around excellence in executing a metals strategy. The Company also received the Aluminum Industry Leadership Award for taking decisive action resulting in substantial transformation in the industry and for demonstrating leadership, innovation and financial success. Alcoa has been undergoing a noteworthy transformation, building its value-add portfolio of multi-material, innovation-rich businesses, and creating a globally competitive commodity business.
“By transforming Alcoa, we’re increasing profitable growth in our value-add portfolio, and better controlling our own destiny in the commodity business,” said Alcoa Chairman and CEO Klaus Kleinfeld. “This transformation strategy, combined with the talent and energy of our 59,000 Alcoans, is assisting to build an even stronger future for our Company and delivering value to our shareholders.”
Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The Alumina segment is involved in mining bauxite, which is then refined into alumina. The Primary Metals segment produces primary aluminum.
Shares of America Movil S.A.B. de C.V. (NYSE:AMX), declined -0.88% to $20.38, during its last trading session.
America Movil SAB is offering 2.25 billion euros ($2.5 billion) of bonds that can be converted into shares of Royal KPN NV, two years after billionaire Carlos Slim’s failed bid to take over the largest Dutch phone company, according to Bloomberg.
The sale of bonds that mature in five years has a so-called upsize option of 250 million euros, and the exchange premium will be 40 percent to 45 percent more than a reference price to be set on Wednesday, America Movil said in a statement. KPN shares fell 3 percent to 3.38 euros at 10:15 a.m. in Amsterdam, valuing the company at 14.4 billion euros. Bloomberg Reports.
América Móvil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. It offers mobile and fixed voice services, counting airtime, local, domestic, and international long-distance services, in addition to network interconnection and public telephony services.
At the end of Friday’s trade, Shares of KeyCorp. (NYSE:KEY), lost -0.13% to $14.90.
The top executive at Rich Products Corp. in Buffalo has secured another one-year term as a director of the board that oversees KeyCorp, the Cleveland-based parent of KeyBank N.A.
William Gisel Jr. and 13 other nominees were elected Thursday during the company’s annual shareholders meeting, according to a release. Gisel, who is president and CEO of the worldwide food service company headquartered on Buffalo’s West Side, first joined the board in 201l.
He is presently the only Western New Yorker on the board. As of March 23, he owned 4,900 common shares of KeyCorp (NYSE: KEY) stock, up from 3,400 shares at this time last year.
KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Finally, Altria Group Inc. (NYSE:MO), ended its last trade with -0.79% loss, and closed at $51.23. The company has the market capitalization of 100.75B. 4,141,782 shares changed hands as compared to its average volume of 7,017,060 shares. The company’s next earning date is estimated to be 29th July 2015.
Altria Group, Inc., through its auxiliaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky, and Marlboro Snus brand names.
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