Alcoa Inc

DOE Allocates $30.6 Million to Hydroelectric Projects

MATTER MAGAZINE (Free subscription) | 05/11/2009

Up to $30.6 million in economic stimulus funds will be used to finance seven hydroelectric projects nationwide, according to the U.S. Department of Energy. The additional funding means Voth Hydro, a manufacturer of hydroelectric turbines, will be able to retain 40 jobs at its manufacturing facility in York, Pa. Thanks to $13 million in stimulus funding, those employees can resume work on two replacement...

Alcoa: Upside potential, but with high risk

BloggingStocks (Free subscription) | 04/11/2009

Filed under: Alcoa Inc (AA) , Stocks to Buy Look for Alcoa Inc. (NYSE: AA ) to benefit from the the U.S./global economic recoveries, which is I'm Reiterating my Buy rating for the company, first recommended on August 17, 2009 at a price of $12.41. Alcoa's revenue in FY2010 should increase 13-15%, assuming likely stabilization in the U.S. housing and auto sectors. Aluminum companies also should benefit...

Options action in Alcoa (AA) as stock bounces higher

BloggingStocks (Free subscription) | 29/10/2009

Filed under: Alcoa Inc (AA) , Options Aloca (NYSE: AA ) kicked off earnings season a couple of weeks ago, and option players are now bulled up and looking slightly longer-term. The near-the-money December 13 calls are active today , with nearly 8,000 contracts trading versus open interest of just 997. One block of 4,450 contracts changed hands around 10:00 a.m., trading near the ask price at 69 cents...

Cramer on BloggingStocks: It's a mistake to fade 'em now

BloggingStocks (Free subscription) | 12/10/2009

Filed under: Google (GOOG) , Apple Inc (AAPL) , Cisco Systems (CSCO) , Hewlett-Packard (HPQ) , Intel (INTC) , Market matters , International Business Machines (IBM) , Caterpillar (CAT) , JPMorgan Chase (JPM) , Alcoa Inc (AA) , Best Buy (BBY) , Goldman Sachs Group (GS) , BHP Billiton Ltd ADR (BHP) , Freep't McMoRan Copper (FCX) , Cramer on BloggingStocks From TheStreet.com Network Banking on Earnings:...

• Cramer on BloggingStocks: It's a mistake to fade 'em now - Blogging Stocks - Goog

Earnings highlights: Alcoa, Costco, Family Dollar, Marriott, PepsiCo, Yum! Brands ...

BloggingStocks (Free subscription) | 10/10/2009

Filed under: Earnings reports , Coca-Cola (KO) , PepsiCo (PEP) , Alcoa Inc (AA) , Clorox Co (CLX) , Costco Wholesale (COST) , Family Dollar Stores (FDO) , Yum Brands (YUM) , Marriott Intl'A' (MAR) Here are some highlights from last week's earnings coverage from BloggingStocks: Alcoa Inc. (NYSE: AA ) reported a surprise Q3 profit due to cost cutting; revenue topped estimates as well. Avis Budget Group...

Before the bell: Futures decline following Bernanke's remarks

BloggingStocks (Free subscription) | 09/10/2009

Filed under: Before the bell , International markets , Market matters , Alcoa Inc (AA) , Economic data , Oil , Federal Reserve U.S. stock futures declined Friday morning as bulls seemed ready to take a breather after the week's good run and as Federal Reserve Chairman Ben Bernanke said that the unprecedented loose monetary policy will have to come to an end, but that interest rate will remain near...

Wall St gains as Alcoa's profit bolsters optimism

Reuters (Free subscription) | 09/10/2009

NEW YORK (Reuters) - U.S. stocks rose on Thursday as a surprising quarterly profit from Alcoa Inc got third-quarter earnings off to a strong start.

US stocks up as earning season begins

The Earth Times Online Newspaper (Free subscription) | 09/10/2009

New York - Stocks rose Thursday on Wall Street after aluminium giant Alcoa Inc kicked off earnings reports for the quarter with a surprising profit after three straight quarters of losses. Alcoa, which announced its earnings after markets closed Wedn...

Closing Bell: A great day that may feel empty (AA, PEP, VG, LEN, RPRX, PLUG, MMM, WFC)

BloggingStocks (Free subscription) | 08/10/2009

Filed under: PepsiCo (PEP) , Alcoa Inc (AA) , Lennar Corp'A' (LEN) , Wells Fargo (WFC) , Vonage Holdings (VG) Today was one of those up-days that might be a disappointment to many bulls because the gap-ups were not met by follow-on buying throughout the day. A better weekly joblessness report may have been muted by Asian central banks intervening to protect the US Dollar. Here are today's unofficial...

Cramer on BloggingStocks: Alcoa takes the wheel

BloggingStocks (Free subscription) | 08/10/2009

Filed under: Alcoa Inc (AA) , Cramer on BloggingStocks From TheStreet.com Network Alcoa Shares Rise on Surprise Profit Same-Store Sales: Thursday's Headlines TheStreet.com's Jim Cramer says the upside surprise from this perennial laggard looks to give us a lift today. It is a testament to how bad Alcoa (NYSE: AA ) ( Cramer's Take ) has been run that no one thought they could do well despite a dramatic...

Before the bell: Stock futures climb after surprising results from Alcoa

BloggingStocks (Free subscription) | 08/10/2009

Filed under: Before the bell , International markets , Earnings reports , Dell (DELL) , PepsiCo (PEP) , Market matters , International Business Machines (IBM) , Alcoa Inc (AA) , Marriott Intl'A' (MAR) , Economic data U.S. stock futures climbed Thursday morning, helped by a surprise profit from aluminum giant Alcoa (NYSE: AA ). Investors were encouraged by the news, hoping that it's a sign to come...

Alcoa Inc UK Regulatory Announcement: Alcoa Strengthens Cash Position and Returns to Profitability in Third Quarter

Business Wire (Free subscription) | 08/10/2009

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced third quarter 2009 income from continuing operations of $73 million, or $0.07 per diluted share, compared to a loss from continuing operations of $312 million, or $0.32 per share, in the second quarter 2009. Income from continuing operations in the third quarter of 2008 was $306 million, or $0.37 per share. Excluding restructuring and special...

Alcoa posts surprise quarterly profit

Reuters (Free subscription) | 08/10/2009

NEW YORK (Reuters) - Alcoa Inc posted a surprise profit on Wednesday through cost cutting and higher aluminum prices after three consecutive quarterly losses, sending its stock 6 percent higher.

• Alcoa posts surprise Q3 profit - Reuters
• Alcoa reports surprise 3rd-quarter profit of $77M, forecasts higher global aluminum demand - Star Tribune

Alcoa posts surprising third quarter profit

BloggingStocks (Free subscription) | 08/10/2009

Filed under: Major movement , Earnings reports , Forecasts , Good news , Competitive strategy , Employees , Market matters , Money and Finance Today , Alcoa Inc (AA) , DJIA , Recession Alcoa (NYSE: AA ) surprised the market this afternoon by posting its first quarterly profit of the year. The company credited recent cost cutting measures as the main reason for its profit of $77 million during the...

JP Morgan Releases Upbeat Ad Insights

Media Money with Julia Boorstin (Free subscription) | 07/10/2009

Posted By: Julia Boorstin Good news on the advertising outlook from J.P. Morgan, which this morning revealed some upbeat results from a proprietary survey about ad spending for the second half of the year. Read More Topics: Advertising | Marketing | Print Media | Movies & Film Studios | Television | Technology | Media Sectors: Media Companies: ALCOA Inc | News Corporation Limited | Walt Disney...