Orlando, FL -- (SBWIRE) -- 10/24/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Alcoa Inc (NYSE:AA), AK Steel Holding Corporation (NYSE:AKS).
Alcoa Inc (NYSE:AA) shares fell 0.96% and closed at $9.27. Alcoa and Russia's VSMPO-AVISMA Corporation on Oct. 22 have agreed to join forces to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide.
Additionally, Alcoa (NYSE: AA) and the U.S. Army Research Laboratory on Oct. 21 have launched a cooperative effort to develop an aluminum solution to a grave threat to soldier safety: Improvised Explosive Devices (IEDs). The solution, a single-piece aluminum hull for ground combat vehicles, would replace today's assembled hulls and deliver even greater strength and durability. In addition to safety benefits, the single-piece hull would reduce vehicle weight and assembly time, and, therefore, overall cost.
Are investors worried about the recent updates with AA? Find out with a free trend analysis HERE
AK Steel Holding Corporation (NYSE:AKS) shares gained 3.27% to $4.11.UBS Investment Research analyst Matt Murphy on Oct. 22 downgraded the rating on AK Steel Holding from Neutral to Sell, but raised the price target from $3.00 to $3.50.
Additionally, the company said on Oct. 22 that Mark G. Essig has been elected to its Board of Directors, effective November 1, 2013. Mr. Essig currently is the Chief Executive Officer of FKI Security Group. He previously held senior executive positions with several companies in the steel industry, including Shale-Inland, Washington Steel Corporation, RathGibson LLC, GS Industries and AK Steel. At AK Steel, he served as executive vice president from 1992 to 1998.
Is AKS going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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