Kaiser Aluminum Corp
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Materials : Metals & Mining | Small Cap Value
Company profile

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The Company operates in the Fabricated Products segment. The Company's Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications. The Company offers its products for various end market applications, such as aerospace and high strength (Aero/HS products); automotive (Automotive Extrusions); general engineering (GE products), and other industrial (Other products). The Company's fabricated aluminum mill products include flat-rolled (plate and sheet), extruded (rod, bar, hollows and shapes), drawn (rod, bar, pipe and tube) and cast aluminum products.

Closing Price
$74.00
Day's Change
1.90 (2.64%)
Bid
--
Ask
--
B/A Size
--
Day's High
76.70
Day's Low
73.56
Volume
(Below Average)
Volume:
127,827

10-day average volume:
142,944
127,827

Target's stock tumbles after holiday sales disappoint

6:43 am ET January 15, 2020 (MarketWatch)
Print

Shares of Target Corp. (TGT) tumbled 8.6% in premarket trading Wednesday, after the discount retailer reported disappointing holiday-period same-store sales. The company said same-store sales during the November/December period rose 1.4% from a year ago, which Target said was "below expectations." Sales increases in apparel (up 5%), essentials and beauty (up 6%) and food and beverage (up 3%) was offset by declines in home (down 1%) and hardlines (down 3%), which includes toys (about flat) and electronics (down more than 6%). Target said it now expects fourth-quarter same-store sales growth of 1.4%, which is well below the FactSet consensus of 3.7% growth, but is maintaining its earnings-per-share guidance; the FactSet consensus is $1.70. Thes tock has soared 83.6% over the past 12 months through Tuesday, while the S&P 500 has gained 25.8%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 15, 2020 06:43 ET (11:43 GMT)

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