Alcoa Due Diligence: Two Separate Public Companies - BrokerBank Securities
NEW YORK, Sept. 29, 2015 /PRNewswire/ -- Alcoa, Inc. (NYSE-MKT: AA) shares closed at $9.52 in yesterday's session, up 5.73%. The company announce they are splitting the company in two. This will result in one half that consists of mining and aluminum production. The other half will service the auto, aerospace, castings, titanium, and high strength aluminum and aircraft industries. As a result share volume was more than double the three month average at 59 million shares.
Our due diligence will show investors of Alcoa the information they need about the pending company split into two separate entities. Get our report at no charge by using the link below.
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About Alcoa, Inc.
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. The Global Rolled Products segment produces and sells aluminum plates, sheets, and foils, as well as rigid container sheets for food and beverage packaging markets. The Engineered Products and Solutions segment offers titanium, super alloy investment, and aluminum castings; fasteners; aluminum wheels; integrated aluminum structural systems; architectural extrusions; and forgings and hard alloy extrusions.
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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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