Alcoa Chucks a Chunk o' Chalco
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It's not only a tongue-twister, but an interesting twist in the base metals story.
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The $101-a-share Rio Tinto bid represents a 32.8 percent premium to Alcoaâs hostile offer of $76.03 a share, potentially making it difficult for Alcoa to increase its bid.
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Another small, eco-friendly business is scooped up by a corporation.
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Gerdau Ameristeel said yesterday that it had agreed to acquire Chaparral Steel for $4.22 billion in cash in a move to diversify into high-value-added steel products.
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With its debt in check, Alcoa might be poised to put up really good numbers.
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On Monday, Mexican cement tycoon and Motley Fool Stocks 2003 pick Cemex (NYSE: CX) dropped a 70-lb. bag of quick-set on the market: It has agreed to pay $4.
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Alcoa and China's Chinalco are "monitoring developments" after mining giant BHP Billiton's bid for Rio Tinto.
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Copper is the coin of the realm for the new Chile fund.
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Shares in Alcoa Inc.  firmed in  early Wednesday trade, boosted by its new restructuring and job  cuts as the aluminum giant continued its push to trim costs and  focus on more profitable businesses.
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Alcoa's offer for Canadian rival Alcan is trumped by white knight Rio Tinto.
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Wine company Chalone thought it had a deal. Now it has better one.
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An investment product worthy of a spitball.
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The Chinese mining group Chinalco said that it had teamed up with the American aluminum producer Alcoa to buy a 12 percent in Rio Tinto.
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Alcan Inc., the world&#39;s biggest aluminum maker by sales, agreed to sell its Pechiney Electrometallurgie ferroalloy division to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136 million).
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Here's a ticker we've been watching.
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Wall Street is hammering this nut processor, but, at today's prices, it looks interesting.
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The Latin American gold miner looks to consolidate the sector in a big way.