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Thursday, July 19, 2018

Alcoa cuts adjusted EBITDA forecast citing tariffs, shares slide

Aluminum producer Alcoa Corp lowered its forecast for adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for 2018 on Wednesday, citing U.S. tariffs on imported aluminum and rising energy costs.


from Reuters: Business News https://ift.tt/2LogPEs

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Morrisons to shut 52 cafes and 17 stores

The closures are expected to take place over the next few months, leaving hundreds of jobs at risk. from BBC News https://ift.tt/Ec6uF9h