Alcoa stock fell
Alcoa’s shares tumbled this Tuesday after the largest U.S. aluminum producer announced cut in its dividend for the first time in more than a quarter century. For full story, click here
Alcoa’s shares tumbled this Tuesday after the largest U.S. aluminum producer announced cut in its dividend for the first time in more than a quarter century. For full story, click here
Aluminum prices are near five-year lows as orders drop from automakers, builders and appliance manufacturers. The global recession, collapsing consumer and corporate confidence and plunging demand for industrial metals have combined to drop the aluminum prices on the LME to their lowest monthly rate since April 2003.
Aldex Co., Ltd. announced that its 11th, 12th, 14th and 15th convertible bonds have been converted for combined 2,376,436 shares of the Company, at the conversion price of KRW 1,336, KRW 1,317, KRW 1,315 and KRW 1,315 per share, respectively. For full story, click here
Aldex Co., Ltd. announced that its convertible bonds have been converted for 379,650 shares, at conversion price of KRW 1,317 per share, which brings the Company’s outstanding common shares to 97,959,796. For full story, click here
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