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Kaiser Aluminum Corp (KALU.OQ)

KALU.OQ on NASDAQ Stock Exchange Global Select Market

85.21USD
9 Dec 2016
Change (% chg)

$-0.16 (-0.19%)
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$85.37
Open
$85.50
Day's High
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Day's Low
$84.64
Volume
57,938
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67,433
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$95.65
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$69.51

Latest Key Developments (Source: Significant Developments)

Kaiser Aluminum Corp reports Q3 EPS of $0.82
Wednesday, 19 Oct 2016 04:15pm EDT 

Kaiser Aluminum Corp : Kaiser Aluminum Corp reports third quarter and first nine months 2016 financial results . Q3 adjusted earnings per share $1.02 excluding items . Q3 sales $321 million versus I/B/E/S view $333.5 million . Q3 earnings per share view $1.27 -- Thomson Reuters I/B/E/S . Q3 earnings per share $0.82 . Qtrly value added revenue down 2 pct to $195 million . Qtrly shipments 148 million LBS versus 151 million LBS . For FY 2016 continue to anticipate about 5 pct year-over-year value added revenue growth for aerospace and high strength applications ."We expect aerospace industry demand for 2017 will be off slightly from 2016".  Full Article

Kaiser Aluminum Corp Q2 earnings per share $1.43
Wednesday, 20 Jul 2016 04:30pm EDT 

Kaiser Aluminum Corp : Qtrly value added revenue $206 million . Kaiser aluminum corp qtrly shipments 155 million lbs versus 160 million lbs . Reiterates Outlook For Value Added Revenue Growth Of 3%-5% year-over-year . Kaiser aluminum corporation reports second quarter and first half 2016 financial results . Q2 adjusted earnings per share $1.02 excluding items . Q2 sales $335 million versus i/b/e/s view $351.7 million . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Q2 earnings per share $1.43 .Kaiser Aluminum Corp full year outlook remains unchanged.  Full Article

Kaiser Aluminum Corporation announces upsizing and pricing of senior notes
Thursday, 28 Apr 2016 12:00pm EDT 

Kaiser Aluminum Corporation:Priced its previously announced offering of $375.0 million in aggregate principal amount of 5.875% senior notes due 2024 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933.This represents an increase of $50.0 million over the amount previously announced.Notes will be guaranteed by each of Kaiser Aluminum's existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum's revolving credit facility.Kaiser Aluminum intends to use the net proceeds for general corporate purposes.  Full Article

Kaiser Aluminum Corp announces private placement of senior notes
Thursday, 28 Apr 2016 07:51am EDT 

Kaiser Aluminum Corp:Plans to offer $325.0 million aggregate principal amount of senior notes due 2024.To use net proceeds to redeem all outstanding amounts of Kaiser Aluminum's existing 8.250% senior notes due 2020, consisting of aggregate principal amount of $197.8 million and a redemption premium of $8.2 million, and for general corporate purposes.  Full Article

Kaiser Aluminum Corp - Noranda refinery under fire for mercury releases - AMMMKT
Monday, 8 Feb 2016 01:20am EST 

Kaiser Aluminum Corp:An environmental organization has put Noranda Aluminum Holding Corp. and Kaiser Aluminum Corp. on notice that it intends to sue both companies over alleged mercury emissions coming from an alumina refinery in -Gramercy, La. - AMMMKT.A notice of intent to sue directed at Noranda president and chief executive officer Layle “Kip” Smith and Kaiser chief executive officer Jack Hockema was sent Feb. 1 on behalf of the Louisiana Environmental Action Network (LEAN), - AMMMKT.which alleged that the refinery (which is currently owned by Noranda) is depositing high levels of mercury pollution into the surrounding river, groundwater, and air - AMMMKT.The notice further claims that the site has been doing so since 1959, when the refinery first began production under Kaiser’s ownership - AMMMKT.The allegedly high levels of mercury pollution come from the process of refining bauxite into alumina, LEAN said in the letter, causing the water of a nearby river to show signs of contamination, as well as a fishing advisory dating back to 1993 - AMMMKT.One of LEAN’s goals is to prompt Noranda to undertake cleanup activities at the site, Richard Webster, an attorney with Public Justice, a nonprofit legal organization representing LEAN in the litigation, told AMM Feb. 4 - AMMMKT.  Full Article

Kaiser Aluminum Appoints Keith A. Harvey President and Chief Operating Officer
Tuesday, 5 Jan 2016 04:30pm EST 

Kaiser Aluminum Corporation:Says appointment of Keith A. Harvey as President and Chief Operating Officer.Harvey has served as the Company's Executive Vice President - Fabricated Products since June 2014 with full responsibility for the sales, marketing, manufacturing and advanced engineering functions of the Company's Fabricated Products business.  Full Article

Kaiser Aluminum Corp renews a senior secured revolving credit facility
Tuesday, 1 Dec 2015 04:30pm EST 

Kaiser Aluminum Corp:Announces renewal of a five-year, $300 million, senior secured revolving credit facility.Says amended facility extends the maturity date from September 2016 to December 2020.  Full Article

Kaiser Aluminum Corp raises FY 2015 revenue guidance
Tuesday, 21 Jul 2015 04:30pm EDT 

Kaiser Aluminum Corp:Increases FY 2015 revenue growth from 6%-8% to 7%-9%.Reported revenue of $1.35 bln in FY 2014.FY 2015 revenue of $1.44 bln - Thomson Reuters I/B/E/S.  Full Article

Kaiser Aluminum Corp announces quarterly dividend payment
Wednesday, 15 Jul 2015 02:00am EDT 

Kaiser Aluminum Corp:Says on July 14 has declared a quarterly cash dividend of $0.40 per share payable on Aug 14, to shareholders of record as of the close of business on July 24.  Full Article

Kaiser Aluminum Corp announces quarterly dividend payment and $100 mln increase in share repurchase authorization
Thursday, 16 Apr 2015 04:30pm EDT 

Kaiser Aluminum Corp:Declared a quarterly cash dividend of $0.40 per share on the Company's outstanding common stock.Payable on May 15 to shareholders of record as of the close of business on April 27.Authorized an additional $100 million for share repurchases.  Full Article

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German supermarkets Edeka, Rewe agree to take over rival Kaiser's

DUESSELDORF, Germany Germany's largest supermarket group Edeka and rival Rewe on Friday agreed a deal to take over the loss-making Kaiser's chain, potentially ending years of uncertainty over the future of the group.