Noranda Aluminum Holding Corporation Common Stock

• 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 »

• 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 »

• Alcoa Shares on a Tear

  By Meena Krishnamsetty - April 17, 2012 | Tickers: AA, FCX, KALU, NOR

  Alcoa (NYSE: AA), the largest producer of primary aluminum, fabricated aluminum and alumina, has had a nice bounce with shares up ~6.2% last Thursday after reporting tremendous earnings. Though 2011 was a slightly positive year for the S&P 500, which has since been on an upward streak from the beginning of this year, AA shares have actually declined down from over $17 in 2011 to $9.85 as more »