U.S. aluminum products maker Arconic Corp said on Thursday it would pursue a sale of its Russian operations after a review of strategic alternatives and warned of a charge of up to $500 million. Arconic joins other Western companies that are selling their Russian assets as they scramble to comply with sanctions over the Ukraine war. "Sadly, the conflict in Ukraine has made our operation in Russia untenable," Arconic Chief Executive Tim Myers said in a statement.
PITTSBURGH, May 11, 2022--Howmet Aerospace Inc. (NYSE:HWM) will host its 2022 Annual Meeting of Shareholders on Wednesday, May 25, 2022, at 9:00 a.m. Eastern Time. The annual meeting will be held in a virtual format only, via webcast at http://www.virtualshareholdermeeting.com/HWM2022. A replay of the webcast will be available on the company website from 10:00 a.m. Eastern Time on Thursday, May 26, 2022, until March 1, 2023.
Here is how Howmet (HWM) and Landsea Homes Corporation (LSEA) have performed compared to their sector so far this year.