Morgan Stanley analyst Carlos De Alba upgraded both aluminum producer Alcoa and copper miner Freeport-McMoRan stock to Buy from Hold. EVs and HVACs will drive up the metals’ prices.
PITTSBURGH, June 11, 2024--Alcoa Corporation (NYSE: AA or "Alcoa") today announced that it has reached several key milestones in its acquisition of Alumina Limited ("Alumina") and expects the transaction to be completed on or about August 1, 2024, subject to the satisfaction of customary conditions.
PITTSBURGH, June 10, 2024--Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in a webcast session at the JP Morgan 2024 Energy, Power & Renewables Conference in New York, New York, on Tuesday, June 18, 2024.