Supply Agreement, Production Results, Upcoming Earnings, and Share Buyback Program - Research Reports on Alcoa, Nucor, Rio Tinto, CSN and Reliance
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NEW YORK, July 23, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Alcoa Inc. (NYSE: AA), Nucor Corporation (NYSE: NUE), Rio Tinto plc (NYSE: RIO), Companhia Siderurgica Nacional (NYSE: SID) and Reliance Steel & Aluminum Co. (NYSE: RS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5023-100free.
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Alcoa Inc. Research Reports
On July 14, 2014, Alcoa Inc. (Alcoa) announced a 10-year, $1.1 billion agreement with Pratt & Whitney for state-of-the-art jet engine components. Under the agreement, Alcoa will supply key parts for Pratt & Whitney's PurePower PW1000G, V2500, GP7000, and other regional jet and military engines. "We're going where no materials scientist has gone before," said Klaus Kleinfeld, Chairman and CEO of Alcoa. "Combining Alcoa's proprietary alloys and unique manufacturing processes with Pratt & Whitney's design, we cracked the code on forging an aluminum fan blade that is lighter and enables better fuel efficiency. Through this exciting new 10-year deal, Alcoa will deliver not only aluminum fan blade forgings but also a range of other advanced product forms, from blades and vanes to structural castings, for some of Pratt and Whitney's best-selling engines." Pratt & Whitney is a division of United Technologies Corp. The full research reports on Alcoa are available to download free of charge at:
http://www.analystsreview.com/Jul-23-2014/AA/report.pdf
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Nucor Corporation Research Reports
On July 9, 2014, Nucor Corporation (Nucor) announced that intends to report its Q2 2014 financial results on July 24, 2014. On that day, the Company has scheduled a live conference call at 2:00 p.m. ET. The call will be hosted by John Ferriola, Chairman, CEO and President of Nucor. The full research reports on Nucor are available to download free of charge at:
http://www.analystsreview.com/Jul-23-2014/NUE/report.pdf
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Rio Tinto plc Research Reports
On July 16, 2014, Rio Tinto plc (Rio Tinto) reported Q2 2014 and H1 2014 production results. In Q2 2014, the Company's global iron ore shipments increased 23% YoY to 75.7mt, while global iron ore production was up 11% YoY to 73.1mt. The Company's global iron ore shipments for H1 2014 grew 20% YoY to 142.4mt, while global iron ore production increased 10% YoY to 139.5mt. "Our iron ore expansion continues to deliver high-margin growth reinforcing our position as a low cost producer. It has allowed us to increase shipments of our Pilbara Blend products, providing our customers with reliable, long-term supply of stable quality. Healthy copper volumes reflect higher grades and recoveries at Kennecott Utah Copper, as well as the ramp up at Oyu Tolgoi," said Sam Walsh, Rio Tinto Chief Executive. The full research reports on Rio Tinto are available to download free of charge at:
http://www.analystsreview.com/Jul-23-2014/RIO/report.pdf
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Companhia Siderurgica Nacional Research Reports
On July 18, 2014, Companhia Siderurgica Nacional (CSN) announced that its Board of Directors has authorized a new share buyback program to maximize the creation of value to shareholders by means of an efficient capital structure management. The Company informed that the number of shares to be acquired is up to c. 64.2 million shares and the effective period for performing authorized transactions is from July 18, 2014 to August 18, 2014. The full research reports on CSN are available to download free of charge at:
http://www.analystsreview.com/Jul-23-2014/SID/report.pdf
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Reliance Steel & Aluminum Co. Research Reports
On July 10, 2014, Reliance Steel & Aluminum Co. (Reliance) announced that it intends to report its Q2 2014 financial results on July 24, 2014 at 8:50 a.m. ET. On the same day, the Company has scheduled a conference call at 11:00 a.m. ET to discuss the results. The call will be hosted by Reliance Chairman of the Board and CEO David Hannah, President and COO Gregg Mollins, and Executive Vice President and CFO Karla Lewis. The full research reports on Reliance are available to download free of charge at:
http://www.analystsreview.com/Jul-23-2014/RS/report.pdf
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