Alcoa Inc (NYSE:AA) shares went down 2.66% or -0.29 points to reach at $10.63 during the course of session. The stock traded in the range of $10.62 – $10.78 during its most recent trading session. The stock has total market worth of $13.98B and it has total of 1.32B outstanding shares. Relative strength index (RSI-14) for Alcoa Inc (NYSE:AA) is at 63.23.
Historically the stock has slipped -0.56% in the past week and soared 10.96% in the last four weeks, the stock illustrate that its three months performance stands at 1.24% while its year to date performance is at 58.86%. Stock’s price oscillated from $6.10 to $11.47 during past twelve months. The stock is now trading at a distance of 7.87% from SMA-20. The stock is presently trading 10.60% above from its SMA-50. In the current trading session, the stock’s price moved 15.70% above from its SMA-200. If we take a look on its volatility, 2.07 percent was seen in a week and for the month it was 2.93 percent. Stock’s beta value stands at 1.22 and its ATR value is at 0.34.
Lightweight metals leader Alcoa Inc (NYSE:AA) on July 12, 2016 reported second quarter 2016 results. Profit in the future combined Arconic (Value-Add) segments grew year-over-year and the future combined Alcoa Corporation (Upstream) segments strengthened sequentially. The Company is on track to complete its separation in the second half of 2016.
Alcoa reported second quarter 2016 net income of $135 million, or $0.09 per share, including $78 million in special items primarily related to separation costs, restructuring-related charges and associated tax impacts, discussed below. Year-over-year, second quarter 2016 results compare to net income of $140 million, or $0.10 per share.
Excluding the impact of special items, second quarter 2016 adjusted net income was $213 million, or $0.15 per share. All segments contributed to $375 million in productivity gains, partially offsetting the negative effects of lower year-over-year alumina and aluminum pricing and cost increases. In second quarter 2015, Alcoa reported adjusted net income, excluding special items, of $250 million, or $0.19 per share.
The second quarter effective tax rate of 46 percent was affected by special items during the quarter, including certain non-deductible expenses related to the separation and tax costs associated with the sale of company-owned life insurance policies. Excluding the impact of all special items, the quarterly tax rate on operating results was 31 percent.
Williams Companies Inc (NYSE:WMB) shares rose 1.71% or +0.42 points in order to take the company’s stock at the price of $24.99. Stock’s price oscillated between $24.14 and $25.00 for intra-day trading. Relative strength index (RSI-14) for Williams Companies Inc (NYSE:WMB) is at 69.33. It has total market capitalization of $19.66B.
Historically the stock has climbed 14.16% % in the past week and soared 10.92% in the last four weeks, the stock illustrate that its three months performance stands at 42.96% while its year to date performance is at 3.88%. The stock hit the peak level of one year at $51.85 and touched the minimum level of $9.57. Shares are trading -51.80% off from the 52-week high and +161.24% above from the 52-week bottom level. The stock is now trading at a distance of 16.28% from SMA-20. The stock is presently trading 18.19% above from its SMA-50. In the current trading session, the stock’s price moved 10.18% above from its SMA-200. The company has a Return on Assets of -1.40%. The company currently has a Return on Equity of -10.40% and a Return on Investment of -2.40%.
Williams Companies Inc (NYSE:WMB) on July 16, 2016 announced that its Board of Directors has extended to the close of business on Aug. 25, 2016, the deadline for stockholders to nominate candidates to stand for election to the Company’s Board of Directors at the Company’s 2016 Annual Meeting.
Williams is seeking additional highly qualified director candidates and is committed to maintaining a world-class Board comprised of directors with a broad range of skills and experience. As such, the Board determined to extend the nomination deadline to Aug. 25, 2016 in order to allow stockholders additional time to suggest director nominees. The Aug. 25, 2016 deadline is also consistent with Williams’ past practice of setting the nomination deadline 90 days prior to the Annual Meeting. As previously announced, the 2016 Annual Meeting is scheduled for Nov. 23, 2016.