July 24- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit, as merger and acquisition advisory and asset management fees rose amid an increase in corporate deals. In one of its big deals in the second quarter, Lazard advised jet engine parts maker Firth Rixson on the $2.85 billion sale to aluminum group Alcoa Inc..» Read More
Alcoa is paying $384 million to settle a bribery scandal in the Middle East. Jeff Kilburg, KKM Financial founder & CEO, and John Spallanzani GFI Group director, debate the play on Alcoa. Kilburg says there is too much inventory in the aluminum space for the stock to gain.
Live at the 2013 APEC summit, Oleg Deripaska, CEO at the world's largest aluminum firm UC Rusal told CNBC's Martin Soong that he expects aluminum's downstream growth rate to continue at 9%.
The big bank is getting hit with a class-action lawsuit over its aluminum storage methods, reports CNBC's Kate Kelly.
Goldman Sachs is disputing a report that a Goldman controlled warehouse in Detroit is behind a rise in aluminum prices, with CNBC's Mary Thompson.
Goldman Sachs is inflating the cost of aluminum cans and CNBC's Mary Thompson reports how they're doing it.
Eivind Kallevik, CFO of aluminum producer, Norsk Hydro, tells CNBC they are seeing an improvement driven by higher prices on their primary products and good seasonal upswing in sales volumes.
Vladislav Soloviev, deputy CEO of Rusal, says China should do more to help the aluminum industry combat oversupply.
Alcoa kicked off earnings season with a beat on earnings but slight miss on revenue. Shares slipped after-hours.
CNBC's Adam Bakhtiar looks at shares of Hong-Kong listed Rusal for the daily 'Stock in 60' segment after the world's largest aluminum producer reported a 63% fall in 2012 EBITDA.
Rio Tinto's Sam Walsh faces his first difficult decision as chief executive -- whether to shut the 1,400-staff Gove alumina refinery in Australia -- as under-performing units come under tougher scrutiny following $14 billion in writedowns this month.
Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.
Jorgen Rostrup, CFO of the Norwegian aluminum and renewable energy company, Norsk Hydro, shares his view on why the group swung to a net loss in the third quarter and when he sees these conditions lifting.
CNBC's Jane Wells reports Yum! Brands' Q3 earnings; and Bill Barker, Motley Fool Asset Management, owns a little more than 99,000 shares of Yum! Brands. Barker weighs in on what the company's earnings says about the global economy.
Shares of Alcoa are up about 2.6 percent after reporting Q3 earnings. Klaus Kleinfeld, Alcoa chairman and CEO, offers insight.
The aluminum maker's stock decline could be signaling bad news for the market.
Klaus Kleinfeld, chairman & CEO of Alcoa, shares his view of earnings, adding that the aluminum market fundamentals remain sound with strong demand.
Bridget Freas, Morningstar senior analyst, and David Lipschitz, Credit Agricole Securities analyst, discuss the impact of weak aluminum prices on Alcoa and the best way to play the stock ahead of earnings.
Warren Gilman, Chairman & CEO at CEF Holdings says he is a long-term believer in gold, and is confident that the precious metal's price will rise eventually.
Europe is a "big question mark" for commodity markets but at the same time demand for aluminum is strong, Klaus Kleinfeld Alcoa Chairman and Chief Executive Officer, told CNBC on Friday at the Saint Petersburg International Economic Forum.
Nick Trevethan, Senior Commodities Strategist, ANZ Research says aluminum prices have suffered from the global synchronous slowdown. He adds the metal remains at risk and is currently oversold.