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Alcoa Inc

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  • LONDON, Aug 29- For the world's hard-pressed aluminum producers the current outlook is the rosiest in many years. That's largely thanks to the combination of a robust London Metal Exchange price, currently trading around $2,100 per tonne, its highest level since early 2013, and historically elevated physical premiums.

  • Glencore in talks to mine huge Australian bauxite deposit Thursday, 28 Aug 2014 | 12:18 AM ET

    SYDNEY, Aug 28- Glencore will hold talks with the government of the Australian state of Queensland over developing vast bauxite reserves that have remained untapped for decades despite a series of attempts by mining companies to get a project off the ground.

  • *Alcoa to shut Sardinian ops, cut aluminium capacity by 150,000 T. LONDON, Aug 26- Aluminium touched a 18- month peak on Tuesday, boosted by a big long position and declining available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures.

  • *Alcoa to shut Sardinian ops, cut aluminum capacity by 150,000 T. LONDON, Aug 26- Aluminum touched a 18- month peak on Tuesday, boosted by a big long position and a shortage of available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures.

  • LONDON, Aug 26- Copper prices rose to three-week highs on Tuesday, as hopes of stimulus measures by the European Central Bank gathered pace following signs of a weakening European economy.

  • SYDNEY, Aug 26- London copper climbed to a three-week high as the market reopened after a holiday weekend on Tuesday, with signs of weakening in Europe's economy fanning hopes for fresh stimulus. *Three-month copper on the London Metal Exchange traded at $7,097 a tonne by 0027 GMT, having earlier reached its highest since Aug. 5 at $7,108.75 a tonne.

  • Aug 25- Aluminum producer Alcoa Inc said on Monday it will permanently close its Portovesme smelter on the Italian island of Sardinia. The closure of the plant, which has not operated since November 2012, will reduce Alcoa's global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year.

  • UPDATE 1-Alcoa to close smelter in Italy Monday, 25 Aug 2014 | 9:29 AM ET

    Aug 25- Aluminum producer Alcoa Inc said on Monday it would permanently close its Portovesme smelter on the Italian island of Sardinia. The closure of the plant, which has not operated since November 2012, will reduce Alcoa's global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year.

  • Alcoa to close smelter in Italy Monday, 25 Aug 2014 | 8:59 AM ET

    Aug 25- Aluminum producer Alcoa said it would permanently close its Portovesme smelter on the Italian island of Sardinia. The closure of the plant, which has not operated since November 2012, will reduce Alcoa's global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year.

  • LONDON, Aug 13- When the London Metal Exchange consulted with its industrial users on what it should do about long load-out queues at some of its warehouses, the only point of general agreement in a polarised response was that it should improve transparency.

  • 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..

  • Meg Whitman appointed chair of HP board Thursday, 17 Jul 2014 | 4:34 PM ET
    Meg Whitman, CEO of Hewlett-Packard

    Hewlett-Packard President and CEO Meg Whitman has been appointed chair of the company's board of directors, HP announced Thursday.

  • HP appoints CEO Whitman chairman, expands board Thursday, 17 Jul 2014 | 4:27 PM ET

    SAN FRANCISCO, July 17- Hewlett-Packard Co appointed Chief Executive Officer Meg Whitman its chairman on Thursday and enlisted Alcoa CEO Klaus Kleinfeld as an independent director, adding a 12th member to its board.

  • *Australia axes world's second biggest ETS before it starts. *Opposition calls it an "appalling" day for Australia. Australia is one of the world's biggest carbon emitters on a per capita basis and abandoning plans for the world's second largest emissions trading scheme after Europe, set to begin from 2015, is a major setback for global CO2 trading.

  • Midday movers: Citigroup, Newmont Mining & More Monday, 14 Jul 2014 | 12:38 PM ET
    Trader on the floor of the New York Stock Exchange.

    Some of Monday's midday movers:

  • There's no bubble in commercial airlines: Execs Monday, 14 Jul 2014 | 10:50 AM ET
    The Airbus A330-900 NEO aircraft in model form.

    Executives running the world's largest airplane makers and suppliers said they don't see a downturn coming anytime soon.

  • Alcoa CEO on US: 'This place rocks' Monday, 14 Jul 2014 | 9:46 AM ET
    A worker walks among rolls of semi-finished aluminum at an Alcoa aluminum factory.

    Alcoa has invested heavily in its U.S. aerospace business because of the country's leading position in advanced manufacturing, CEO Klaus Kleinfeld tells CNBC.

  • The US is on a roll: Alcoa CEO     Monday, 14 Jul 2014 | 8:44 AM ET

    Alcoa Chairman and CEO Klaus Kleinfeld joins CNBC from the Farnborough International Airshow in England, where he talked about U.S. manufacturing.

  • Alcoa signs $1.1B deal with Pratt & Whitney     Monday, 14 Jul 2014 | 8:40 AM ET

    CNBC's Phil LeBeau and Klaus Kleinfeld, Alcoa chairman & CEO, discuss the company's jet engine supply deal with Pratt & Whitney, and weighs in on what's driving growth in the airline sector.

  • July 14- Alcoa Inc said it signed a 10- year supply agreement with Pratt& Whitney, a unit of United Technologies Corp, for $1.1 billion.