On Tuesday, Alcoa Inc (NYSE:AA)’s shares inclined 2.67% to $9.63.
Lightweight metals leader Alcoa (AA) declared it will commercialize its breakthrough MicromillTM technology, working with the Danieli Group, a global supplier of plants and equipment to the metals industry. Danieli will license Alcoa’s intellectual property associated with manufacturing advanced Micromill® products. In a separate declaration made earlier recently, Alcoa and Ford Motor Company said that the automaker has selected Micromill material to be used on its 2016 Ford F-150 truck.
Under the letter of intent, Alcoa and Danieli will work toward an agreement to sell Micromill equipment and license the patented Micromill technology. As part of the collaboration, Alcoa will grant Danieli exclusive rights to sell Micromill equipment for a limited period of time. In addition, the companies will work together to license the Micromill alloys and process technology to potential customers around the world, initially targeting Europe, South America, and Southeast Asia.
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.
JetBlue Airways Corporation (NASDAQ:JBLU)’s shares gained 0.15% to $26.37.
JetBlue (JBLU) declared that its highly acclaimed Mint experience has been named a finalist in Fast Company’s 2015 Innovation By Design Awards. The awards honor innovative and disruptive design that pushes boundaries and seeks to change the world.
For years, airlines have neglected their “business class” cabins, offering travelers a stale, unfriendly experience at sky-high fares or through complicated upgrade schemes. JetBlue saw an opportunity to create its own refreshing take on premium travel with a completely rethought design and a more human approach to service, addressing the needs of the modern traveler.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
At the end of Tuesday’s trade, American Express Company (NYSE:AXP)‘s shares surged 1.81% to $76.50.
American Express Company (AXP) plans to host a live audio webcast of its earnings conference call at 5:00 p.m. (ET) on Wednesday, October 21, 2015 to talk about third quarter 2015 financial results. The Company’s financial results are planned to be declared shortly after the market closes that day.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
United Technologies Corporation (NYSE:UTX), ended its Tuesday’s trading session with 0.93% gain, and closed at $92.68.
A webcast of United Technologies Corp. (UTX) President and CEO Gregory Hayes speaking at the Morgan Stanley 3rd Annual Laguna Conference is planned for 8:45 a.m. PT (11:45 a.m. ET) on Thursday, Sept. 17, 2015. The presentation will be broadcast live on the Internet at www.utc.com and will be archived on the website.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
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