Arconic Inc. (ARNC) News
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ARNC News Highlights
- For ARNC, its 30 day story count is now at 2.
- Over the past 6 days, the trend for ARNC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about ARNC are APO.
Latest ARNC News From Around the Web
Below are the latest news stories about ARCONIC CORP that investors may wish to consider to help them evaluate ARNC as an investment opportunity.
Arconic Reports Second Quarter 2023 ResultsPITTSBURGH, July 31, 2023--Arconic Corporation (NYSE: ARNC) ("Arconic" or the "Company") today reported second quarter 2023 results. Sales were $2.0 billion, down 22% year over year due to lower aluminum prices and the divestiture of Russian Operations and up 1% organically driven by strength in aerospace and ground transportation offset by declines in industrial, packaging, and building and construction. The Company reported net income of $59 million, or $0.58 per share, compared with $114 mill |
Arconic Shareholders Approve Acquisition by Apollo FundsPITTSBURGH, July 25, 2023--Arconic Corporation (NYSE: ARNC) ("Arconic" or the "Company") announced today that its shareholders have voted at a special meeting of Arconic shareholders (the "Special Meeting") to approve the Company's pending acquisition by funds managed by affiliates of Apollo (NYSE: APO) including a minority investment from funds managed by affiliates of Irenic Capital Management. Under the terms of the merger agreement, Arconic shareholders will receive $30.00 per share in cash |
Here’s when the Arconic acquisition will likely be completedThe effective date of the takeover of Arconic Corp. has been narrowed to sometime in the third quarter, according to a filing by the Pittsburgh-based manufacturer. Arconic (NYSE: ARNC) in May reached a definitive agreement with perennial suitor Apollo Global Management Inc. (NYSE: APO) in a $5.2 billion all-cash transaction that will take Arconic private three years after it split from Alcoa. At the time, Alcoa and Apollo had expected a close sometime in the second half of 2023. |
How Arconic is approaching its environmental and social goalsWhen it came time for Arconic Corp. to set out its latest sustainability goals, the Pittsburgh-based aluminum manufacturer was guided by wanting to make sure the targets were real. Earlier this year, Arconic (NYSE: ARNC) announced it would reduce its scope 1, 2 and 3 greenhouse gas emissions 30% by 2030, as well as cut its energy intensity by 10%. This week, the company released its sustainability report that talks about what kinds of things it's done over the past year and how it plans to reach these 2030 goals. |
Arconic Presents 2030 Sustainability Goals, Launches REAL Commitment Campaign, and Publishes 2022 Sustainability ReportPITTSBURGH, June 01, 2023--Leading aluminum sheet, plate, extrusions, and architectural products manufacturer Arconic Corporation (NYSE: ARNC) ("Arconic" or the "Company") announced the details of its 2030 Sustainability Goals along with a campaign that will highlight the Company’s commitment and progress toward its sustainability agenda. |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on ThursdayIt's time for another dive into the biggest pre-market stock movers as we check in on all of the latest news for Thursday! |
Why Is Arconic (ARNC) Stock Up 28% Today?Arconic (ARNC) stock is on the rise Thursday following news that the company is being acquired by Apollo Global Management (APO). |
Why Is First Horizon (FHN) Stock Down 43% Today?First Horizon (FHN) stock is taking a beating on Thursday after the company failed to complete its merger with TD Bank (TD). |
SHOP Stock Alert: Shopify Sells Logistics Arm to FlexportShopify (SHOP) stock is on the rise Thursday after the e-commerce company revealed plans to sell its logistics arm to Flexport. |
Why Is PacWest Bancorp (PACW) Stock Down 38% Today?PacWest Bank (PACW) stock is falling hard on Thursday after the financial company said it's exploring strategic options. |