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Century Aluminum Company

  • One Aluminum Stock to Buy, Two to Hold

    By Zain Abbas - May 20, 2013 | Tickers: AA, CENX, NOR

    The aluminum industry has long been plagued by an overcapacity issue, with major players in the industry failing to attract enough demand to meet the supply they create. As a result, aluminum prices have not moved in a favorable (upwards) direction for the industry.

    A surprise call

    The overcapacity of the industry is why the market was surprised when Alcoa (NYSE: AA), the first company in the industry to report more »

  • Going Long on The Dow's Most Shorted

    By Ryan Palmer - May 19, 2013 | Tickers: AA, AWC, CENX

    The Aluminum COmpany of America, or Alcoa (NYSE: AA) has not been receiving much love from investors lately. This is understandable, shares have fallen over 16% in the last 12 months. Alcoa shares are trading at the same levels now as in April of 2009. Recent underperformance has made betting against them popular on Wall Street. More than 8% of outstanding float is being shorted, by far more »

  • When Growth Destroys Value

    By Ted Cooper - May 17, 2013 | Tickers: AA, ATI, CENX

    If you ask investors, most would say that growth is a good thing; growth adds value. Chief Executive Officers and board members largely believe that all growth is good as well.

    Unfortunately for shareholders, such a narrow view on the value-creating ability of growth can destroy shareholder value, especially when the growth comes from a business that has no competitive advantage. Without a competitive advantage, it is nearly impossible to more »

  • Should You Bet On These Turnaround Stories?

    By Jacob Wolinsky - May 14, 2013 | Tickers: AXL, CENX, NAV

    Editor's Note: American Axle does not have a debt free balance sheet, this version has been corrected to reflect this fact. Motley Fool apologizes for the error.

    Shares of companies showing remarkable turnaround or even hints of it are often the subject of brisk advances. Navistar (NYSE: NAV), Century Aluminum (NASDAQ: CENX), and American Axle (NYSE: AXL) are players expected to show just that, and the market seems to more »

  • A Great Way to Play Industrial Recovery

    By Piyush Arora - April 22, 2013 | Tickers: AA, CENX, RIO

    Since the market crash of 2008 and 2009, shares of Alcoa (NYSE: AA) have plummeted more than 80%, while aluminum prices in the U.S have dropped by nearly 45%. Alcoa's shares have under-performed almost all the major U.S. indices, which leaves little interest for growth investors.

    But with the recovering infrastructure and automobile sectors in the U.S, China and India, aluminum is again gaining traction. Since more »

  • A Great Way To Play Industrial Recovery

    By Piyush Arora - April 18, 2013 | Tickers: AA, CENX, RIO

    Since the crash of 08-09, shares of Alcoa Inc. (NYSE: AA)have plummeted by over 80% while aluminum prices in the U.S have plunged by nearly 45%. Its shares have underperformed almost all the major indices in the U.S, which leaves little interest for growth investors. But with the recovering infrastructure and automobile sectors in the U.S, China and India, aluminum is again gaining traction. Since Alcoa more »

  • Aluminum Stocks: Are We in for Something Special?

    By Masam Abbas - April 16, 2013 | Tickers: AA, CENX, NOR

    Metals and mining is an important sector to watch during earnings season. In fact, the earnings season often kicks off with Alcoa (NYSE: AA), the aluminum player, which was once considered to be the bellwether for the US stock market. That changed in 2011, when S&P 500 index posted a gain of 3% but Alcoa’s stock fell by more than 40%.

    Alcoa has been surprising its investors in more »

  • Aluminum: Steel Industry Deja Vu?

    By Masam Abbas - February 20, 2013 | Tickers: AWC, CENX, NOR

    The aluminum industry has been going through a “prisoner’s dilemma” just like the US steel industry. Industry output has exceeded demand and therefore margins have been squeezed due to massive price cuts. Not a single player is willing to take the first step of reducing its production capacity. This has led to unfavorable returns for aluminum investors:

    Noranda Aluminum (NYSE: NOR)

    Noranda’s sales volumes are expected to improve more »

  • Alcoa Deserves A Bet

    By Federico Zaldua - January 29, 2013 | Tickers: AA, CENX, NOR

    Aluminum, which is used in everything from cans to cars or planes, has a growing global demand that increases hand in hand with the growth experienced by emerging markets like China and Brazil. As a matter of fact, Alcoa (NYSE: AA), the American aluminum champion that just reported earnings, expects global demand to grow by 7% in 2013 from 2012´s 6% (which has been the average growth rate for more »

  • Is Growth Always Good?

    By Ted Cooper - January 24, 2013 | Tickers: AA, ATI, CENX

    Investors are in love with growth. If a company is not growing, most investors are not interested. As a result, most senior-level managers like growth too. If not for a higher stock price, then CEOs want to grow for the sake of controlling a larger amount of assets.

    However, growth may not always be a good thing. Growth can either add or destroy value depending on the returns it produces more »

  • Is This Company’s Stock Worth Purchasing Now?

    By Garima Arora - January 23, 2013 | Tickers: AA, ACH, CENX

    One of the world's top producers of alumina and aluminum, Alcoa (NYSE: AA) recently declared its earnings and gave a positive outlook for 2013. It reported better than expected results, which were welcomed by the market.  The company reported revenues of $5.9 billion, up by 1% from the previous quarter, but 2% down in comparison to the prior year.

    Measurable aspects

    Alcoa generated cash flows from operations of more »

  • Is It The Time to Buy Alcoa?

    By Anindya Batabyal - January 15, 2013 | Tickers: AA, ACH, CENX, KALU

    Alcoa (NYSE: AA), the largest U.S. aluminum producer, reported a Q4 profit of $242 million, or 21 cents a share, reversing the loss of $193 million a year ago. Excluding one-time items, the company earned $64 million, or 6 cents a share, reversing a year-ago loss of 3 cents a share. Revenue for the quarter fell 2% to $5.90 billion from $5.99 billion as aluminum prices remained more »

  • What Does the Future Hold for Alcoa?

    By Fani Kelesidou - December 31, 2012 | Tickers: AA, ACH, CENX | Editor's Choice

    With a market capitalization of $9 billion, Alcoa (NYSE: AA) remains at the forefront of the aluminum industry. Alcoa is the world's largest aluminum provider, as well as, a leading refiner of alumina and miner of bauxite.

    Yet, over the past five years, the firm has lost about 70% of its value. Alcoa's five-year stock chart shows a sharp downward momentum. The stock reached the peak of $39 more »

  • This Old Economy Stock Is Set to Run

    By Ted Cooper - December 12, 2012 | Tickers: AA, ATI, CENX

    With nearly $24 billion in revenues, Alcoa (NYSE: AA) is one of the most important players in the aluminum industry. It is the largest producer of alumina, a synthetic compound used for smelting aluminum. The company also makes aluminum products like soda cans and steel beams for construction. In addition, Alcoa has developed substantial economies of scale in alumina production and aluminum smelting. But investors have become skeptical of Alcoa more »

  • Is This Aluminum Manufacturer A Good Stock to Buy?

    By Meena Krishnamsetty - October 12, 2012 | Tickers: AA, ACH, CENX, FCX, KALU

    Alcoa (NYSE: AA) is down 1% so far in 2012, continuing a bear run in the stock that has been going on for several years (the stock price peaked above $45 in July 2007 and now trades just above $9 per share). The stock was hit hard by the financial crisis and recession in the U.S., as might be expected given that the basic materials stock as a beta more »

  • Avoid These 2 Risky Stocks, Buy This Breakup Play

    By David Gould - October 11, 2012 | Tickers: AA, AWC, CENX

    Basic materials can be highly unpredictable. Prices rise and fall overnight. Companies collapse to pressure. Others are cornered out of the market. And some manage to generate attractive returns to shareholders through appropriately managing production to optimally meet demand. In the end, the tail of basic materials is largely a tail of managing risks. Below, I review three aluminum producers to consider buying.

    Alcoa (NYSE: AA): End The Risk By more »

  • An Opportunity in Alcoa Before it Strikes Monday?

    By Neha Chamaria - July 6, 2012 | Tickers: AA, CENX, TSLA, BA

    The Street, and that includes me, is waiting with bated breath for Monday when Alcoa (NYSE: AA) reports its second quarter numbers. And I can’t help but wonder-- can, and what if the world’s largest aluminum producer surprises us yet again? If you ask me, chances of the company beating consensus estimates aren’t too far- fetched. The way its end markets have been performing in the past more »

  • Is Alcoa a Gem?

    By Elise Ralph - March 15, 2012 | Tickers: AA, ACH, CENX

    There was a time when aluminum was more valuable than gold. Then, in the late 1800's, chemists found new ways to extract it and its price dropped 97% over five years. Commodities can be a tough business.

    Over the course of 2008, as the recession began, stocks of aluminum accumulated, the spot price of Aluminum dropped by 60% and Alcoa (NYSE: AA), blue-chip giant in the aluminum business, dropped more »

  • 6 Reasons Alcoa Is Undervalued

    By Robert Fisher - January 13, 2012 | Tickers: AA, CENX

    With Alcoa (NYSE: AA) down 40% over the past 52 weeks, I thought it would be a good idea to take a closer look at the company to see if it is being undervalued by the market or it has more room to fall. Here are six points I looked at while researching AA:

    Valuation: Alcoa’s current P/B ratio is 0.6 and it has averaged 1.1 more »

  • If You Like Alcoa’s Outlook, You’re Going to Love This Little Brother

    By James Brumley - January 11, 2012 | Tickers: AA, CENX, KALU

    2012’s fourth quarter earnings season is officially here now that Alcoa Inc. (NYSE: AA) has kicked things off by sharing its recent fiscal results. As usual, all eyes were on the company’s numbers, since how this major name fared last quarter is an omen of how the entire earnings season will pan out.

    That’s the theory anyway. In reality, however, the theory doesn’t hold water. There more »

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