07.10.2015 - Alcoa has signed a new contract for 1.1 billion

Aluminum сorporation Alcoa announced on an agreement with Lokheed Martin for the supply of titanium for the production program of F-35 Lightning II. The amount of the contract is estimated at $ 1.1 billion. Under the contract Alcoa will ensure the production of titanium for fighters from 2016 to 2024. We are forecasting recovery of the stock price of the company after falling about 30% for the last year. In the medium term quotations may grow by 10-15% per annum.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.