Alcoa cuts adjusted EBITDA forecast citing tariffs, shares slide

July 18, 2018 admin Business News Comments Off on 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.

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Source:: Reuters – Business News