Arconic Inc (ARNC.N)
15 Jun 2018
LONDON London's Grenfell Tower, where a huge fire killed 71 people a year ago, had been fitted during a recent refurbishment with cladding containing a material as flammable as petrol, a public inquiry heard on Tuesday.
* ARCONIC - NOTIFIED WELLS FARGO BANK THAT POTENTIAL CHANGE IN CONTROL, AS DEFINED IN SEPT 24, 2007 TRUST AGREEMENT NO LONGER EXISTED AS OF APRIL 13
Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free cash flow on expectations that the price of the metal would remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.
* Shares down 17.8 pct (Adds Breakingviews link, closing share price)
BRIEF-Arconic Says Updated 2018 Guidance Assumes Current Aluminum Prices Will Hold At These Elevated Levels
* ARCONIC SAYS REVENUE FOR Q1, WAS UP 8 PERCENT YEAR-OVER-YEAR AS ALUMINUM PRICES ACCOUNTED FOR $109 MILLION OR ABOUT 40 PERCENT OF THE INCREASE - CONF CALL
NEW YORK, April 19 U.S. customers of Rusal are scrambling to figure out how to replace supply from the Russian company after U.S. sanctions on the world's second-largest aluminum producer caused prices to spike to a seven-year high, the companies and metals analysts said.
NEW YORK, April 18 U.S. customers of Rusal are scrambling to figure out how to replace supply from the Russian company after U.S. sanctions on the world's second-largest aluminum producer caused prices to spike to a seven-year high, the companies and metals analysts said.
* NORSK HYDRO SAYS ACQUISITION OF ARCONIC'S EXTRUSION PLANTS IN BRAZIL COMPLETED, STRENGTHENING HYDRO'S DOWNSTREAM POSITION IN BRAZIL
* ARCONIC INC - ON FEB 14, JULIE G. RICHARDSON NOTIFIED THE BOARD OF OF CO THAT SHE HAD DECIDED TO RESIGN FROM THE BOARD
* ARCONIC INC - DECLARED DIVIDEND OF 6 CENTS PER SHARE ON OUTSTANDING COMMON STOCK OF COMPANY Source text for Eikon: Further company coverage:
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