Alcoa (AA) October 31.50 straddle priced for movement of 4.6% into Q3
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Alcoa (AA), USW Reach Agreement on Effects of Alcoa/Arconic Separation
October 11, 2016 9:52 AM EDTThe United Steelworkers (USW) announced that it has reached an agreement with Alcoa on the effects of the company's pending separation into two independent, publicly-traded businesses: Arconic and Alcoa Corporation.
"This agreement affirms that that current labor and benefits agreements will remain in force and that past interpretations, practices and arbitration history will be observed by both companies," said USW International President Leo W. Gerard.
"The separation raised serious concerns about retiree... More
