Weekly News Roundup: Alcoa Inc. (NYSE:AA)

Categories: Roundups, Stocks





Here are this week’s stock briefings for Alcoa Inc. (NYSE:AA). Alcoa Inc. (NYSE:AA) company shares ended the week at 10.88 (as of 9/3/2010).

Weekly News Roundup: Alcoa Inc. (NYSE:AA)

Tuesday 31 August

Alcoa Inc. (NYSE:AA) used its new Reynobond aluminium to build the new air traffic control tower for LaGuardia Airport.

Adding a new kind of visibility to steel giant Alcoa Inc. (NYSE:AA) – the new 233-foot tall air traffic control tower at New York’s LaGuardia Airport.

Alcoa (NYSE:AA) announced yesterday that the tower sports a coat of many panels made of Alcoa’s ultralight Reynobond® aluminium composite material.

LaGuardia airport is one of the busiest in the world.

Wednesday 1 September

Saudi state-run mining firm Maaden and its U.S. partner Alcoa Inc. (NYSE:AA) awarded 1.03 billion riyals ($274.7 million) worth of contracts to build a mega aluminium complex in Saudi Arabia for the Maaden-Alcoa joint venture.

The contracts were awarded to various companies: German firms SMS Siemag and BWG Bergwerk, Austrian firm Ebner and U.S. Wagstaff, Maaden said in a statement on the Saudi bourse website.

The finished product of these contracts will be a full-spectrum industrial complex complete with a bauxite mine, alumina refinery, aluminium smelter and a rolling mill.

We will continue checking the Alcoa Inc. (NYSE:AA) stock price for developments over the next couple of weeks.


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