Arconic Corporation News
Coronavirus, Dow Futures Plunge, Google and Kobe Bryant - 5 Things You Must Know Monday
Stock futures sink as investors weigh the human and economic costs of the accelerating spread of the deadly coronavirus; Apple, Facebook, Microsoft and Amazon report earnings this week; basketball legend Kobe Bryant dies in a helicopter crash.
Dow Futures, Uber, Shake Shack and China Trade - 5 Things You Must Know Tuesday
U.S. stock futures rise a day after the three major U.S. benchmark indexes posted record closing highs on positive trade developments between the U.S. and China and strong corporate earnings; Uber posts $1.2 billion loss but sees profitability in 2021; Shake Shacks sinks on a weak same-store sales forecast.
Arconic Shares Rise on Cowen Upgrade to Outperform
Analyst Gautam Khanna also increased the price target to $31 from $26.
Arconic Adds $500 Million to Its $1 Billion Share-Buyback Program
Arconic's board approves another $500 million to its existing $1 billion share-buyback plan.
Arconic to Split Businesses and Cut Dividend in Revamp Effort
The aluminum products maker plans to split the company into two separate units after rejecting private-equity firm Apollo Global's takeover offer; earnings beat analysts' forecasts.
Dow Tumbles on China Pessimism, Nasdaq Rises on Tech Rebound
The Dow Jones Industrial Average falls Friday amid pessimism over trade negotiations between the U.S. and China.
Bezos and the National Enquirer, China Trade, Mattel - 5 Things You Must Know
U.S. stock futures decline following Donald Trump's decision not to meet with Chinese President Xi Jinping before their self-imposed deadline for a trade deal; Jeff Bezos, CEO of Amazon.com and owner of The Washington Post, accuses the publisher of the National Enquirer of blackmail; Mattel soars as Barbie sales drive profit.
Arconic Shares Plunge After Company Says No Longer Pursuing a Sale
Apollo Global Management was reported to have been a leading bidder for Arconic.
Dow Sinks as Global Growth Warnings Rattle Wall Street, Nasdaq Tumbles Over 2%
The Dow Jones Industrial Average slumps Tuesday after the blue-chip index had closed higher for four straight sessions.
Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023
Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.
Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence
Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.
Struggling Electric-Truck Maker Nikola Makes a Major Change
Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.