On Tuesday, Shares of Alcoa Inc. (NYSE:AA), lost -1.10% to $8.11.
Alcoa will challenge the chairman of the U.S. commodities regulator on its authority to interfere in the London Metal Exchange’s warehousing reform at a meeting on Wednesday, a spokeswoman said on Tuesday, according to Reuters.
The meeting between U.S. Commodity Futures Trading Commission (CFTC) chairman Timothy Massad and Alcoa Executive Vice President and Chief Financial Officer Bill Oplinger comes after Alcoa ramped up public criticism of the regulator’s intervention in the LME’s warehousing reform plan. Reuters Reports
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.
Shares of The Home Depot, Inc. (NYSE:HD), declined -1.40% to $110.97, during its last trading session.
The Home Depot declared it has accomplished its $1.625 billion acquisition of Interline Brands, Inc., a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The agreement to acquire Interline was formerly declared on July 22, 2015.
Interline brings an practiced outside and national account sales force, fulfillment capabilities across the facilities maintenance market, and an extensive local distribution network of more than 90 locations throughout the U.S., Canada and Puerto Rico.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
Finally, Towers Watson & Co. (NASDAQ:TW), ended its last trade with -0.25% loss, and closed at $120.07.
Towers Watson declared that its Board of Directors approved a regular quarterly cash dividend of $0.15 per common share for the quarter ended June 30, 2015. The dividend is payable on or about October 15, 2015 to stockholders of record at the close of business on September 30, 2015.
Towers Watson & Co., a professional services company, provides human capital and financial consulting services worldwide. The company’s Benefits segment offers actuarial and consulting services for large defined benefit and defined contribution plans, such as consulting on plan design, funding, and risk administration strategies; and plan administration consulting services through the health and group benefit programs, counting health, dental, disability, life, and other coverage.
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