Tags: Dollar, GBP, Alcoa
Alcoa’s results opened the third quarter yesterday, showing a loss of $454 million. The Aluminum Company stated that due to the decrease in demand of cars and construction, the price of aluminum had dropped severely throughout 2008-2009. Despite the heavy loss, the company did beat analyst’s expectations, therefore sending the stock higher. AA (Alcoa) closed the session with a gain of 4.12%
Read the full article at Dodjit.com
Alcoa’s results opened the third quarter yesterday, showing a loss of $454 million. The Aluminum Company stated that due to the decrease in demand of cars and construction, the price of aluminum had dropped severely throughout 2008-2009. Despite the heavy loss, the company did beat analyst’s expectations, therefore sending the stock higher. AA (Alcoa) closed the session with a gain of 4.12%
Read the full article at Dodjit.com
