Latest In Arconic (Alcoa)
Sales in the fourth quarter increased 25.1 percent year-over-year.
Company reported sales for the first quarter of $2.65 billion.
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Transaction is part of effort to convert business to aerospace and automotive supplier.
Sales in the fourth quarter increased 3.5 percent year-over-year.
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For the first nine months, sales were down 11.9 percent year-over-year.
Spin-off of value-add company, Arconic, on track to be completed in second half of year.
Spin-off of value-add company, Arconic, on track to be completed in second half of year.
Sales in the fourth quarter decreased 17.8 percent year-over-year.
Profit for the quarter decreased 70.5 percent year-over-year.
Company to separate into an upstream company and a value-add company.
Aerospace, automotive and alumina organic growth was 12.7 percent.
Organic growth was driven by strong automotive and aerospace volume.
