Stocks In News: Alcoa (NYSE:AA), Century Aluminum (NASDAQ:CENX), Noranda Aluminum Holding (NYSE:NOR), Kaiser Aluminum (NASDAQ:KALU), Aluminum Corp. of China Limited (NYSE:ACH)

Posted by on Jun 16, 2014

Alcoa Inc (NYSE:AA) will pull out of Jamaica within two years and sell its mining interests to Noble Group Ltd , Alcoa and the Jamaican government said on Friday. Alcoa Inc (NYSE:AA) net profit margin is -11.50% and weekly performance is 1.18%. On last trading day company shares ended up $14.52. Analysts mean target price for the company is $13.11. Alcoa Inc (NYSE:AA) distance from 50-day simple moving average (SMA50) is 8.32%.

On June 3, Bank of America upgraded shares of Century Aluminum Co (NASDAQ:CENX) from an underperform rating to a neutral rating in a report issued on Monday. They currently have $14.00 target price on the stock, up from their previous target price of $9.00. Century Aluminum Co (NASDAQ:CENX) shares advanced 5.25% in last trading session and ended the day on $15.45. Gross Margin is 1.30% and its return on assets is -3.30%. Century Aluminum Co (NASDAQ:CENX) quarterly performance is 24.90%.

On May 19, Noranda Aluminum Holding Corporation (NYSE:NOR) Director Alan Schumacher bought 6,000 shares of the stock on the open market in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of $3.12 per share, with a total value of $18,720.00. Following the completion of the transaction, the director now directly owns 46,664 shares in the company, valued at approximately $145,592. Noranda Aluminum Holding Corporation (NYSE:NOR) shares moved up 1.79% in last trading session and was closed at $3.41, while trading in range of $3.31 – $3.50. Noranda Aluminum Holding Corporation (NYSE:NOR) year to date (YTD) performance is 4.28%.

On June 4, 2014, the board of directors of Kaiser Aluminum Corp. (NASDAQ:KALU) appointed Peter S. Bunin as Executive Vice President – Strategy; Keith A. Harvey as Executive Vice President – Fabricated Products; and Jason D. Walsh as Vice President – Financial Planning and Analysis. Kaiser Aluminum Corp. (NASDAQ:KALU) ended the last trading day at $70.99. Company weekly volatility is calculated as 1.36% and price to cash ratio as 4.41. Kaiser Aluminum Corp. (NASDAQ:KALU) showed a negative weekly performance of -0.89%.

Aluminum Corp. of China Limited (ADR) (NYSE:ACH) net profit margin is -2.70% and weekly performance is 1.87%. On last trading day company shares ended up $9.26. Analysts mean target price for the company is $ 8.06. Aluminum Corp. of China Limited (ADR) (NYSE:ACH) distance from 50-day simple moving average (SMA50) is 0.50%.

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