Productivity Improvements & Value-Added Businesses Offset Impact Of Weak Aluminum Pricing For Alcoa

Alcoa released its second quarter earnings results and conducted a conference call with analysts on Wednesday, July 8. Productivity improvements and Alcoa?s ongoing transformation of its product portfolio towards value-added products offset the impact of weak aluminum pricing and higher maintenance and labor related costs on the company?s results. The company?s adjusted net income, which excludes the impact of one-time charges, stood at $250 million in Q2 2015, as compared to $216 million in the...