NEW YORK, October 25, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Alcoa Inc. (NYSE: AA), E.I. du Pont de Nemours and Company (NYSE:DD), Century Aluminum Company (NASDAQ: CENX), and Kaiser Aluminum Corporation (NASDAQ: KALU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Freeport-McMoRan Copper & Gold Inc. Research Report
On October 22, 2013, Freeport-McMoRan Copper & Gold Inc. (Freeport-McMoRan) announced Q3 2013 operational and financial results. In Q3 2013, the Company reported consolidated sales of 1.04 billion pounds of copper, 305,000 ounces of gold, 23 million pounds of molybdenum, and 16.5 million barrels of oil equivalents (MMBOE). The Company posted Q3 2013 revenues of $6.2 billion, up 39.6% YoY, while net income attributable to common stock during the quarter totaled $821 million, or $0.79 per diluted share, compared with $824 million, or $0.86 per share in Q3 2012. "Our third quarter results reflect strong operating performance from our global mining business together with an impressive and significant contribution from our recently acquired oil and gas operations." said the Company's management. The Full Research Report on Freeport-McMoRan Copper & Gold Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/234e_FCX]
Alcoa Inc. Research Report
On October 22, 2013, Alcoa Inc. (Alcoa) announced that it has entered into an agreement with VSMPO-AVISMA Corporation (VSMPO-AVISMA) to form a joint venture in order to meet the growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide. The Companies informed that the joint venture will combine Alcoa's expertise in manufacturing value-add products with VSMPO-AVISMA's global leadership in titanium production to manufacture high-end aerospace goods at Alcoa's plant in Samara. Alcoa expects the joint venture to begin operations in 2016. "The agreement marks an important step in leveraging Alcoa's and VSMPO-AVISMA's strengths in innovation and manufacturing to capture opportunities in the high-growth aerospace market," said Alcoa's Chairman and CEO, Klaus Kleinfeld. "This alliance will enhance Alcoa's competitiveness and position our global aerospace business for continued profitable growth." The Full Research Report on Alcoa Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f38f_AA]
E.I. du Pont de Nemours and Company Research Report
On October 22, 2013, E.I. du Pont de Nemours and Company (DuPont) reported its Q3 2013 financial results. The Company posted Q3 2013 net sales of $7.7 billion, up 4.7% YoY, while net income attributable to DuPont during the quarter totaled $285 million, compared to $5 million in Q3 2012. The Company reported Q3 2013 operating earnings of $0.45 per share, compared to $0.43 per share in Q3 2012. According to the Company, the Q3 2013 results principally reflect overall top-line growth and earnings improvements for Performance Materials, Electronics & Communications and Safety & Protection segment, as well as a lower effective tax rate, offset by expected lower earnings from the Performance Chemicals division. The Full Research Report on E.I. du Pont de Nemours and Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/13be_DD]
Century Aluminum Company Research Report
On October 14, 2013, Century Aluminum Company (Century) announced that it will release its Q3 2013 earnings results on Monday, November 4, 2013, after the close of market trading. The Company stated that it will also host a conference call on the same day at 5:00 p.m. ET to discuss the results. According to the Company, the earnings call will be webcast live on Century's website, wherein a replay of the same will also be archived approximately two hours after the completion of the live call. The Full Research Report on Century Aluminum Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/389d_CENX]
Kaiser Aluminum Corporation Research Report
On October 17, 2013, Kaiser Aluminum Corporation (Kaiser) reported its Q3 2013 financial results. The Company's Q3 2013 value added revenue (net sales less hedged cost of alloyed metal) totaled $182 million, down 1.1% YoY. Q3 2013 net income was $25 million, or $1.34 per diluted share, compared with $29 million, or $1.51 per diluted share in Q3 2012. Commenting on the results, Jack A. Hockema, President, CEO, and Chairman of Kaiser said, "Our third quarter results were affected by throughput and manufacturing inefficiencies at our Trentwood and Newark facilities that negatively impacted our sales and costs. In addition, the aerospace inventory overhang for products other than plate continued to dampen demand." The Full Research Report on Kaiser Aluminum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/91be_KALU]
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