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Kaiser Aluminum Corp (KALU.OQ)

KALU.OQ on NASDAQ Stock Exchange Global Select Market

99.71USD
15 Dec 2017
Change (% chg)

$0.76 (+0.77%)
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$98.95
Open
$99.42
Day's High
$100.08
Day's Low
$99.01
Volume
170,085
Avg. Vol
56,507
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$108.64
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$74.56

Latest Key Developments (Source: Significant Developments)

Kaiser Aluminum reports Q3 earnings $1.16/shr
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Kaiser Aluminum Corp :Kaiser Aluminum Corporation reports third quarter and first nine months 2017 financial results.Q3 adjusted earnings per share $0.90 excluding items.Q3 sales $333 million versus I/B/E/S view $335.4 million.Q3 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.Q3 earnings per share $1.16.Kaiser Aluminum Corp qtrly ‍value added revenue $187 million down 5% despite higher shipments​.Kaiser Aluminum Corp - ‍2017 outlook for automotive extrusions and general engineering applications remains unchanged​.Kaiser Aluminum Corp- qtrly shipments 150​ million lbs versus 148 million lbs last year.Kaiser Aluminum Corp - ‍expect 2017 aerospace shipments will be less than prior year due to slower-than-anticipated trentwood ramp-up​.  Full Article

Kaiser Aluminum Corp Q2 earnings per share $1.43
Wednesday, 20 Jul 2016 

Kaiser Aluminum Corp : Qtrly value added revenue $206 million . Kaiser aluminum corp qtrly shipments 155 million lbs versus 160 million lbs . Reiterates Outlook For Value Added Revenue Growth Of 3%-5% year-over-year . Kaiser aluminum corporation reports second quarter and first half 2016 financial results . Q2 adjusted earnings per share $1.02 excluding items . Q2 sales $335 million versus i/b/e/s view $351.7 million . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Q2 earnings per share $1.43 .Kaiser Aluminum Corp full year outlook remains unchanged.  Full Article

Kaiser Aluminum Corporation announces upsizing and pricing of senior notes
Thursday, 28 Apr 2016 

Kaiser Aluminum Corporation:Priced its previously announced offering of $375.0 million in aggregate principal amount of 5.875% senior notes due 2024 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933.This represents an increase of $50.0 million over the amount previously announced.Notes will be guaranteed by each of Kaiser Aluminum's existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum's revolving credit facility.Kaiser Aluminum intends to use the net proceeds for general corporate purposes.  Full Article

Kaiser Aluminum Corp announces private placement of senior notes
Thursday, 28 Apr 2016 

Kaiser Aluminum Corp:Plans to offer $325.0 million aggregate principal amount of senior notes due 2024.To use net proceeds to redeem all outstanding amounts of Kaiser Aluminum's existing 8.250% senior notes due 2020, consisting of aggregate principal amount of $197.8 million and a redemption premium of $8.2 million, and for general corporate purposes.  Full Article

Kaiser Aluminum Corp - Noranda refinery under fire for mercury releases - AMMMKT
Monday, 8 Feb 2016 

Kaiser Aluminum Corp:An environmental organization has put Noranda Aluminum Holding Corp. and Kaiser Aluminum Corp. on notice that it intends to sue both companies over alleged mercury emissions coming from an alumina refinery in -Gramercy, La. - AMMMKT.A notice of intent to sue directed at Noranda president and chief executive officer Layle “Kip” Smith and Kaiser chief executive officer Jack Hockema was sent Feb. 1 on behalf of the Louisiana Environmental Action Network (LEAN), - AMMMKT.which alleged that the refinery (which is currently owned by Noranda) is depositing high levels of mercury pollution into the surrounding river, groundwater, and air - AMMMKT.The notice further claims that the site has been doing so since 1959, when the refinery first began production under Kaiser’s ownership - AMMMKT.The allegedly high levels of mercury pollution come from the process of refining bauxite into alumina, LEAN said in the letter, causing the water of a nearby river to show signs of contamination, as well as a fishing advisory dating back to 1993 - AMMMKT.One of LEAN’s goals is to prompt Noranda to undertake cleanup activities at the site, Richard Webster, an attorney with Public Justice, a nonprofit legal organization representing LEAN in the litigation, told AMM Feb. 4 - AMMMKT.  Full Article

Kaiser Aluminum Appoints Keith A. Harvey President and Chief Operating Officer
Tuesday, 5 Jan 2016 

Kaiser Aluminum Corporation:Says appointment of Keith A. Harvey as President and Chief Operating Officer.Harvey has served as the Company's Executive Vice President - Fabricated Products since June 2014 with full responsibility for the sales, marketing, manufacturing and advanced engineering functions of the Company's Fabricated Products business.  Full Article

BRIEF-Kaiser Aluminum reports Q3 earnings $1.16/shr

* Kaiser Aluminum Corporation reports third quarter and first nine months 2017 financial results