Monday, April 12, 2010

ALCOA INC "AA" $14.58 Good Earnings



ALCOA INC $14.58 +0.19 (1.32%) 52Wk Range: 8.02 - 17.56
Alcoa Inc., the largest U.S. aluminum producer, reported profit that topped analysts’ estimates as aluminum prices rose.

Earnings excluding certain items were 10 cents a share, exceeding the 9-cent average estimate of 17 analysts surveyed by Bloomberg. The net loss of $201 million, or 20 cents a share, narrowed from a net loss of $497 million, or 61 cents, a year earlier, New York-based Alcoa said today in a statement. Sales rose 18 percent to $4.89 billion.

http://www.bloomberg.com/apps/quote?ticker=AA%3AUS

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