<< Read Full Article
<< Read Full Article
Alcoa (AA Quote) said it will sell its packaging and consumer businesses by next year.
The New York-based smelter, which earlier this year was rebuffed in an unsolicited bid to acquire rival Alcan (AA Quote), said it is also near a definitive agreement to sell its automotive castings business and should close that transaction by the end of the year.
Alcoa said it expects to take $845 million in restructuring charges to cover costs tied to the transactions. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
Connect with TheStreet