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Arconic Inc

ARNC.N

Latest Trade

31.01USD

Change

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Today's Range

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52 Week Range

15.63

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31.22

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Elliott Management Cuts Share Stake In Arconic, Ups Share Stake in Marathon Petroleum

Nov 14 (Reuters) - Elliott Management :ELLIOTT MANAGEMENT UPS SHARE STAKE IN MARATHON PETROLEUM BY 86.9% TO 8.6 MILLION SHARES - SEC FILING.ELLIOTT MANAGEMENT CORP CUTS SHARE STAKE IN ARCONIC INC BY 19.9% TO 41.6 MILLION SHARES.ELLIOTT MANAGEMENT CORP - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2019.

Arconic Reports Q3 Earnings Per Share $0.21

Nov 5 (Reuters) - Arconic Inc <ARNC.N>::ARCONIC REPORTS THIRD QUARTER 2019 RESULTS.SEES Q4 2019 EARNINGS PER SHARE $0.49 TO $0.53 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.58 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.21.Q3 REVENUE $3.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.58 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.2019 GUIDANCE UPDATED.SEES FY REVENUE SEEN AT $14.15-$14.35 BILLION.INCREASED FY EARNINGS PER SHARE EXCLUDING SPECIAL ITEMS TO $2.07-$2.11.ADJUSTED FY FORECAST FOR FREE CASH FLOW UNCHANGED AT $700-$800 MILLION.INCREASED ANNUAL COST REDUCTION COMMITMENT TO APPROXIMATELY $280 MILLION ON A RUN-RATE BASIS.INCREASED 2019 COST REDUCTION COMMITMENT TO APPROXIMATELY $180 MILLION IN YEAR.FY2019 EARNINGS PER SHARE VIEW $2.04, REVENUE VIEW $14.43 BILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $0.51 -- REFINITIV IBES DATA.CONTINUES TO TARGET COMPLETION OF SEPARATION IN Q2 2020.RECORDED A PRE-TAX $102 MILLION CHARGE IN Q3 2019.

Arconic Says In Q3, Co Decided To Realign Operations By Eliminating Transportation And Construction Solutions Segment

Oct 30 (Reuters) - Arconic Inc <ARNC.N>::ARCONIC - IN Q3, CO DECIDED TO REALIGN OPERATIONS BY ELIMINATING TRANSPORTATION AND CONSTRUCTION SOLUTIONS SEGMENT.ARCONIC- DECIDED TO TRANSFER FORGED WHEELS BUSINESS TO ENGINEERED PRODUCTS AND FORGINGS SEGMENT.ARCONIC- DECIDED TO TRANSFER BUILDING AND CONSTRUCTION SYSTEMS BUSINESS TO GLOBAL ROLLED PRODUCTS SEGMENT.ARCONIC - LATIN AMERICAN EXTRUSIONS BUSINESS, WHICH WAS FORMERLY PART OF CO'S TCS SEGMENT UNTIL ITS SALE IN APRIL OF 2018, WAS MOVED TO CORPORATE.ARCONIC - REALIGNMENT HAS NO IMPACT ON HISTORICAL CONSOLIDATED BALANCE SHEET, STATEMENT OF CONSOLIDATED OPERATIONS, STATEMENT OF CONSOLIDATED CASH FLOWS.

Arconic Sets Quarterly Dividend Of $0.02 Per Share

Sept 26 (Reuters) - Arconic Inc <ARNC.N>::SETS QUARTERLY DIVIDEND OF $0.02PER SHARE.

Elliott Associates Says As Of Aug 26, Elliott, Elliott International & EICA Collectively Have Combined Economic Exposure In Arconic Of About 13.7%

Aug 28 (Reuters) - Arconic Inc <ARNC.N>::ELLIOTT ASSOCIATES - INCREASED & RESTRUCTURED EXPOSURE TO ARCONIC DUE TO ITS CONFIDENCE IN LEADERSHIP, OPERATIONAL TRAJECTORY, STRATEGIC DIRECTION.ELLIOTT ASSOCIATES - AS OF AUG 26, ELLIOTT, ELLIOTT INTERNATIONAL & EICA COLLECTIVELY HAVE COMBINED ECONOMIC EXPOSURE IN ARCONIC OF ABOUT 13.7%.ELLIOTT ASSOCIATES - AS OF DEC 19, 2017 ELLIOTT, ELLIOTT INTERNATIONAL & EICA COLLECTIVELY HAD COMBINED ECONOMIC EXPOSURE IN ARCONIC OF ABOUT 12.1%.

Arconic To Sell Aluminum Rolling Mill In Itapissuma, Brazil For About $50 Mln

Aug 26 (Reuters) - Arconic Inc <ARNC.N>::ARCONIC - ON AUG. 23 REACHED AGREEMENT TO SELL ALUMINUM ROLLING MILL IN ITAPISSUMA, BRAZIL TO COMPANHIA BRASILEIRA DE ALUMINIO FOR ABOUT $50 MILLION.ARCONIC INC - EXPECTS TO RECOGNIZE A RESTRUCTURING-RELATED CHARGE OF ABOUT $40 MILLION TO $50 MILLION PRE-TAX IN Q3 OF 2019.ARCONIC INC - SALE OF ALUMINUM ROLLING MILL IN ITAPISSUMA IS PART OF ANNOUNCED INTENTION TO DIVEST NON-CORE BUSINESSES.

Arconic Announces $200 Million Accelerated Share Repurchase

Aug 6 (Reuters) - Arconic Inc <ARNC.N>::ARCONIC ANNOUNCES $200 MILLION ACCELERATED SHARE REPURCHASE.ARCONIC INC - WILL RECEIVE INITIAL DELIVERY OF APPROXIMATELY 6.8 MILLION SHARES ON AUGUST 8.ARCONIC INC - ASR AGREEMENT IS EXPECTED TO BE COMPLETED DURING SECOND HALF OF 2019.

Arconic Q2 Earnings Per Share $0.58 Excluding Items

Arconic Inc <ARNC.N>::ARCONIC REPORTS SECOND QUARTER 2019 RESULTS.SEES Q3 2019 EARNINGS PER SHARE $0.47 TO $0.53 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.58 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.27.Q2 REVENUE $3.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.63 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.50 -- REFINITIV IBES DATA.INCREASED ANNUAL COST REDUCTION COMMITMENT TO APPROXIMATELY $260 MILLION ON A RUN-RATE BASIS.INCREASED 2019 COST REDUCTION COMMITMENT TO APPROXIMATELY $140 MILLION IN YEAR.INCREASED MIDPOINT OF FY EARNINGS PER SHARE FORECAST EXCLUDING SPECIAL ITEMS BY 10%.PORTFOLIO SEPARATION REMAINS ON TRACK FOR COMPLETION IN Q2 2020.INCREASED FY ADJUSTED FREE CASH FLOW TO $700-$800 MILLION.IN QUARTER RECORDED A PRE-TAX $428 MILLION NON-CASH IMPAIRMENT CHARGE RELATED TO DISKS BUSINESS WITHIN ENGINEERED PRODUCTS AND SOLUTIONS.SEES FY ADDED GUIDANCE FOR EBITDA EXCLUDING SPECIAL ITEMS AT $2.25-$2.35 BILLION.Q3 EARNINGS PER SHARE VIEW $0.47 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $1.86 -- REFINITIV IBES DATA.2019 REVENUE GUIDANCE UNCHANGED AT $14.3-$14.6 BILLION.FY2019 REVENUE VIEW $14.36 BILLION -- REFINITIV IBES DATA.

Arconic Board Approves Quarterly Dividends

July 11 (Reuters) - Arconic Inc <ARNC.N>::ARCONIC BOARD APPROVES QUARTERLY DIVIDENDS.ARCONIC INC - DECLARED DIVIDEND OF 2 CENTS/SHARE ON OUTSTANDING COMMON STOCK, PAYABLE ON AUGUST 25.

USW, Arconic Announce Tentative Agreement

June 28 (Reuters) - The United Steelworkers::USW, ARCONIC ANNOUNCE TENTATIVE AGREEMENT.USW - TO NOT BE DISCUSSING DETAILS OF PROPOSED NEW CONTRACT WITH PUBLIC UNTIL AFTER MEMBERS HAVE HAD OPPORTUNITY TO REVIEW IT.USW - NEGOTIATING COMMITTEE WILL BE RECOMMENDING TO MEMBERSHIP THAT THIS AGREEMENT WITH ARCONIC BE RATIFIED.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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