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Alcoa Corp

Apple gets a big upgrade, headwinds seen for Lululemon, Ulta and Tesla

by Walter Watson
Apple gets a big upgrade, headwinds seen for Lululemon, Ulta and Tesla

(This is CNBC Pro’s live coverage of Monday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Monday’s analyst calls included an upgrade …

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Alcoa to buy Australian partner Alumina in $2.2 billion all-stock deal

by Walter Watson
Alcoa to buy Australian partner Alumina in .2 billion all-stock deal

The Alcoa Corp. Kwinana Alumina Refinery in Kwinana, Australia, on Wednesday, Feb. 28, 2024. U.S. aluminum producer Alcoa made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. to consolidate ownership …

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Best trade historically has been to buy the stock kicked out of the Dow

by Walter Watson
Best trade historically has been to buy the stock kicked out of the Dow

If history is any guide, Walgreens Boots Alliance may fare better after getting tossed from the Dow Jones Industrial Average . Amazon replaced Walgreens on Monday, marking the first change …

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Morgan Stanley fund manager names 4 top stocks to buy ‘on the cheap’

by Walter Watson
Morgan Stanley fund manager names 4 top stocks to buy ‘on the cheap’

Stocks have faced a mixed environment this year, according to one portfolio manager — but several should provide good investment opportunities looking ahead following a broadening of the market. “We …

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