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Arconic Inc (ARNC.N)

ARNC.N on New York Stock Exchange

18.72USD
22 Mar 2019
Change (% chg)

$-0.48 (-2.50%)
Prev Close
$19.20
Open
$19.06
Day's High
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$18.44
Volume
1,336,844
Avg. Vol
1,444,272
52-wk High
$24.06
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$15.63

Latest Key Developments (Source: Significant Developments)

Arconic Board Approves Quarterly Dividend
Monday, 11 Mar 2019 

March 11 (Reuters) - Arconic Inc ::ARCONIC BOARD APPROVES QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.02PER SHARE.  Full Article

Arconic - On March 4, Arthur Collins Jr & David Hess Notified Board That They Will Not Stand For Re-Election And Will Retire From Board
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Arconic Inc ::ARCONIC - ON MARCH 4, ARTHUR COLLINS JR & DAVID HESS NOTIFIED BOARD THAT THEY WILL NOT STAND FOR RE-ELECTION AND WILL RETIRE FROM BOARD.  Full Article

Arconic Invests Approximately $100 Mln To Expand Its Hot Mill Capability & Add Downstream Equipment
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Arconic Inc ::ARCONIC EXPANDS CAPACITY TO CAPTURE GROWTH IN INDUSTRIAL AND AUTOMOTIVE MARKETS.ARCONIC INC - INVESTMENT OF APPROXIMATELY $100 MILLION TO EXPAND ITS HOT MILL CAPABILITY AND ADD DOWNSTREAM EQUIPMENT.ARCONIC INC - PROJECT, WHICH IS EXPECTED TO CREATE 70 NEW JOBS, IS ALREADY UNDERWAY AND IS EXPECTED TO BE COMPLETE BY Q4 OF 2020.  Full Article

John C. Plant Appointed CEO Of Arconic, Elmer L. Doty To Serve As COO
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Arconic Inc ::JOHN C. PLANT APPOINTED CHIEF EXECUTIVE OFFICER OF ARCONIC, ELMER L. DOTY TO SERVE AS CHIEF OPERATING OFFICER.ARCONIC INC - APPOINTED JOHN C. PLANT, CURRENT CHAIRMAN OF BOARD, TO SERVE AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER.ARCONIC INC - APPOINTMENTS ARE EFFECTIVE IMMEDIATELY..ARCONIC INC - APPOINTED ARTHUR D. COLLINS, A CURRENT DIRECTOR, TO SERVE AS LEAD DIRECTOR.ARCONIC INC - PLANT SUCCEEDS CHIP BLANKENSHIP AS CHIEF EXECUTIVE OFFICER.ARCONIC INC - PLANT WILL SERVE IN ROLE OF CHIEF EXECUTIVE OFFICER FOR A PERIOD OF ONE YEAR.ARCONIC - EXPECTS TO PROVIDE AN UPDATE REGARDING STRATEGY AND PORTFOLIO REVIEW WHEN IT ANNOUNCES Q4 2018 AND FULL YEAR 2018 FINANCIAL RESULTS ON FEB 8.  Full Article

Arconic Board approves quarterly dividends
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Arconic Inc ::ARCONIC BOARD APPROVES QUARTERLY DIVIDENDS.ARCONIC - DECLARED (A) A DIVIDEND OF 6 CENTS PER SHARE ON OUTSTANDING COMMON STOCK OF CO.  Full Article

Apollo Nears Deal To Buy Arconic For More Than $10 Billion-WSJ
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - :APOLLO NEARS DEAL TO BUY ARCONIC FOR MORE THAN $10 BILLION-WSJ, CITING SOURCE.APOLLO WOULD PAY BETWEEN $21 AND $22 PER SHARE IN A DEAL THAT’S LIKELY TO BE ANNOUNCED THIS WEEK- WSJ.  Full Article

Arconic Buyout Deal Could Be Announced By Mid-December - CNBC
Monday, 19 Nov 2018 

Nov 19 (Reuters) - :ARCONIC BUYOUT DEAL COULD BE ANNOUNCED BY MID-DECEMBER - CNBC, CITING SOURCES.ELLIOTT MANAGEMENT HAS BEEN PUSHING ARCONIC TO EXPLORE A SALE; ELLIOTT IS EXPECTED TO ROLL ITS EQUITY IN THE COMPANY INTO THE BUYOUT- CNBC.  Full Article

Arconic Is Looking Across Product Lines And Evaluating Next Steps as Strategic Review Nears Completion
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Arconic Inc ::ARCONIC SAYS GOAL OF CO’S STRATEGIC REVIEW IS TO DEVELOP ACTIONS THAT WILL ENHANCE SHAREHOLDER VALUE, STREAMLINE PORTFOLIO, TIGHTEN FOCUS AND STRENGTHEN FINANCIAL PROFILE - CONF CALL.ARCONIC SAYS CONTINUES TO SEE ‘UNPRECEDENTED CUSTOMER DEMAND’ FOR CO’S PRODUCTS IN ENGINEERED PRODUCTS AND SOLUTIONS UNIT - CONF CALL.ARCONIC SAYS CO IS FOCUSED ON IMPROVING THROUGHPUT AND CAPACITY TO MEET THAT DEMAND IN THE EP&S BUSINESS- CONF CALL.ARCONIC EXPECTS PRICE OF $2,561 PER METRIC TON OF ALUMINUM FOR 2018 VERSUS $2,720, PREVIOUSLY - CONF CALL.ARCONIC SAYS CO’S 15,000-TON PRESS IN CLEVELAND WORKS FACILITY EXPERIENCED A HYDRAULIC LEAK RESULTING FROM A CRACKED CYLINDER THAT CAUSED OPERATORS TO SHUT DOWN THE PRESS - CONF CALL.ARCONIC SAYS LENGTH OF THE OUTAGE HAS NOT YET BEEN DETERMINED BUT CO DOES NOT ANTICIPATE RETURN TO SERVICE IN Q4- CONF CALL.ARCONIC SAYS COS IS MOVING WORK TO OTHER PRESSES IN THE FACILITY AND WORKING WITH CUSTOMERS TO PRIORITIZE SHIPMENTS - CONF CALL.ARCONIC SAYS CO’S RINGS AND DISKS OPERATIONS ARE STABILIZING - CONF CALL.ARCONIC SAYS CO HAS BEGUN MAKING PARTS ACROSS OTHER PRESSES IN THE CLEVELAND FACILITY.ARCONIC SAYS, WITH RESPECT TO THE STRATEGIC REVIEW, CO IS LOOKING ACROSS PRODUCT LINES AND EVALUATING NEXT STEPS.ARCONIC SAYS SEE NO MATERIAL UPDATE TO THE LIABILITIES ASSOCIATED WITH THE GRENFELL TOWER.ARCONIC SAYS CONTINUES TO SEE PRICING PRESSURE ACROSS ENTIRE PORTFOLIO IN THE EP&S UNIT.  Full Article

Arconic Announces Sale Of Its Texarkana, Texas, Rolling Mill
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Arconic Inc ::ARCONIC ANNOUNCES SALE OF ITS TEXARKANA, TEXAS, ROLLING MILL.ARCONIC INC - * TEXARKANA WILL BE SOLD FOR APPROXIMATELY $300 MILLION IN CASH PLUS CONTINGENT CONSIDERATION OF UP TO $50 MILLION.ARCONIC INC - COMPANY EXPECTS TO RECORD A GAIN ON SALE.ARCONIC INC - TO SELL ITS TEXARKANA, TEXAS ROLLING MILL TO TA CHEN INTERNATIONAL, INC.  Full Article

Arconic Sets Quarterly Dividend Of $0.06 Per Share
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Arconic Inc ::SETS QUARTERLY DIVIDEND OF $0.06PER SHARE.  Full Article

EU starts investigation into Chinese steel wheel imports

BRUSSELS The European Commission has begun an investigation into whether Chinese producers are dumping steel vehicle wheels into Europe at excessively low prices, the EU official journal said on Friday.