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  "documentTitle": "Arconic Inc. (ARNC)",
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  "notes": "Uses a 'villain critique' style to highlight management's failure to meet stated goals.",
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      "text": "Each of Arconic’s businesses missed their 3-year targets for revenue and profits",
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      "text": "Each of Arconic’s businesses missed their 3-year targets for revenue and profits",
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      "kind": "quote",
      "text": "Global Rolled Products, Transportation and Construction Solutions are on track to meet their three-year targets",
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      "text": "So, that’s pretty much what’s been happening, strong operational results, transformation fully on track.",
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      "text": "So let me conclude. Lots going on. We are creating a sustainable value for our shareholder. We continue to deliver strong operational results, profitable growth, driven organic as well as inorganic, fully on track, disciplined execution....",
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      "text": "This is very much in line and on track to achieve the targets that we set out in our 3-year targets, our 2016 targets.",
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      "text": "\"So let me conclude. Lots going on. We are creating a sustainable value for our shareholder. We continue to deliver strong operational results, profitable growth, driven organic as well as inorganic, fully on track, disciplined execution....\" — Dr. Klaus Kleinfeld, April 8, 2015; \"This is very much in line and on track to achieve the targets that we set out in our 3-year targets, our 2016 targets.\" — Dr. Klaus Kleinfeld, January, 12, 2015; \"Global Rolled Products, Transportation and Construction Solutions are on track to meet their three-year targets\" — Dr. Klaus Kleinfeld, April 11, 2016; \"So, that’s pretty much what’s been happening, strong operational results, transformation fully on track.\" — Dr. Klaus Kleinfeld, April 8, 2015",
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      "kind": "source-note",
      "text": "Source: Company filings; Arconic Investor Presentations. Note: GRP EBITDA is EBITDA/MT; EPS Segment adjusted for sale of Remmele medical device business...",
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      "text": "Operating Results: Missed Targets in Every Business",
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