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Lee is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited. Earnings season is just getting started but we are already seeing some patterns emerging in the industrial sector.
Anindya is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited. AA ) , the largest U.S. aluminum producer, reported a Q4 profit of $242 million, or 21 cents a share,
At a Brookings Institute panel today on fostering growth through innovation, Alcoa CEO Klaus Kleinfeld made a point you don't hear that often from top executives. Usually, regulation is regarded by business leaders as at best a necessary evil, and at
kicked off earnings season with in-line profits and better-than-expected revenue. The big news coming out of the report was the company's outlook for 2013. It raised its global aluminum demand growth outlook up to 7%. Even more interesting is that
has recently agreed to pay US$11.6 billion to settle Federal National Mortgage Association's claims and to resolve problems with foreclosures. Bank of America shares closed higher by 3.06% to US$11.78 with more than 199.04 million shares traded
Alcoa Inc. , the first company in the Dow to report results, reported better-than-estimated sales. Yet it fell 0.2 percent after rallying as much as 2.5 percent earlier Wednesday...Alcoa is trying to avoid a downgrade to junk by Moodys Investors
Stocks rose Wednesday after U.S. corporate earnings reports got off to a good start. The Dow Jones industrial average climbed 61.66 points to 13,390.51, its first gain of the week. The Standard & Poor's 500 gained 3.87 points to 1,461.02, and the
The aluminum producer also predicted worldwide demand for aluminum will accelerate to 7 percent in 2013. Shares of Alcoa gained, last up 0.2 percent at US$9.12 after earlier rising as high as US$9.33...Aluminum for delivery in three months rose 1.7
A group of contract workers from the troubled Alcoa aluminum smelter in Portovesme, Sardinia, lowered themselves by cable to the bottom of a 10-metre mineshaft on Wednesday in their on-going protest for social welfare benefits for laid-off workers.
RIM skips CES despite big launch coming up BlackBerry maker stays away from big Las Vegas conference in hopes of focusing its efforts on its own launch event later this month...And with higher taxes for 2013, this is an event bigger concern...Don't