Alcoa reports 2nd-quarter loss of $454M as global recession continues to hammer demand, prices

PITTSBURGH — Alcoa Inc. unofficially opened the earnings season by posting a loss of $454 million, citing continued weak prices and demand for its aluminum products amid the global recession.

Stocks fall amid mixed IMF report on economy, falling oil prices; Investors await earnings

NEW YORK — Investors can’t shake their worries that the economy won’t recover by the end of the year.

Business Highlights

Retailers see sales begin to recover in September

NEW YORK (AP) — The nation’s stores saw their first sales gain in 14 months in September, a sign of life from shoppers that fuels some hope for the holiday shopping season.

Poll

Do you think Barack Obama is a good choice for Nobel Peace Prize

View Results

Comments

Show all Polls
Loading ... Loading ...

Latest Tweets

Alcoa inc

  • SP_500 Alcoa, Inc. (AA) Discussed on CNBC's Fast Money: >>> some traders put on the brakes ahead of earnings .. https://bit.ly/vNjkv
  • SP100index Alcoa, Inc. (AA) Discussed on CNBC's Fast Money: But I do think we are seeing a long-term trend toward commodit.. https://bit.ly/1xlCL8
  • SP_500 Alcoa, Inc. (AA) Discussed on CNBC's Power Lunch: Big upleg and then sideways. We're in a period where we shoul.. https://bit.ly/m3MY4
  • SP100index Alcoa, Inc. (AA) Discussed on Fox Business's Fox Business: To watch rnings, since a lot of the traders are watc.. https://bit.ly/iIYap
  • News_Daily US stocks up as earning season begins - Stocks rose Thursday on Wall Street after aluminium giant Alcoa Inc kicked ... https://ow.ly/15TNEp
  • BLOOMBARG US stocks, commodities gain on jobs data: US stocks gained as Alcoa Inc. started the earnings season with an un.. https://bit.ly/3wdP05
  • TradingMadeSmpl The toronto stock exchange added to this week s gains thursday after alcoa inc. s better than expected earnings.. https://bit.ly/3OM1Da
  • CandleCourse Wall Street Rallies On Earnings Optimism, Caterpillar (NYSE: CAT) Jumps: Shares of Alcoa Inc. (NYSE: AA), the l.. https://bit.ly/10dSrp
  • safebanks New blog post: AAI - ALCOA INC - down $1.00 at $46.00 - The Age https://bit.ly/mFRvh
  • safebanks New blog post: AAI - ALCOA INC - down $1.00 at $46.00 - The Age https://bit.ly/Ihye7
  • investmentfeed Alcoa stock up after profit Wall St didnt expect: NEW YORK (Reuters) - Alcoa Inc shares rose on Thursday.. https://bit.ly/421u1H
  • ChasLitster #ashes US manufacturing rises from the ashes: Alcoa Inc.'s surprising profit on Wednesday on the back of painfu.. https://bit.ly/BExBc
  • hotnewsro Wall-Street inchide pe plus pe fondul optimismului generat de profitul Alcoa Inc.: Bursa americana a inchis pe .. https://bit.ly/RECMt

Latest Friend Feeds

Alcoa inc

  • code95 Stock News Briefs: Alcoa Earnings Rallies Stock; PepsiCo Beats 3Q Estimates; IBM Investigated For Antitrust
  • businesshelp Alcoa results, oil price help lift TSX - Financial Post
  • jschulmansr Business Highlights | Washington Examiner: The upbeat mood on Wall Street began when Alcoa Inc. surprised inves..
  • jschulmansr Jeffrey Business Highlights | Washington Examiner: The upbeat mood on Wall Street began when Alcoa Inc. surprised inves..
  • stiri Wall-Street inchide pe plus pe fondul optimismului generat de profitul Alcoa Inc.
  • brkalert Wall-Street inchide pe plus pe fondul optimismului generat de profitul Alcoa Inc. https://ping.fm/KBYFO
  • theblackbook Alcoa shares strengthen on third-quarter earnings
  • wjtsearch ALCOA INC- ALCOA AND OTHER STOCKS UP AS COMMODITIES KEEP CLIMBING. ��U.S. stocks gained after ...
  • petrbuben Shares jump after Alcoa posts surprise 3Q profit (AP)
  • petrbuben Shares jump after Alcoa posts surprise 3Q profit
  • petrbuben Alcoa stock up after surprise profit (Reuters)
  • petrbuben U.S. stocks open higher on Alcoa, jobless data
  • randomnescence Stock Futures Advance on Alcoa Profit, Commodities - ABC News
  • polymath22 Alcoa posts surprise quarterly profit (source: Reuters): NEW YORK (Reuters) - Alcoa Inc post.. https://bit.ly/xR3Et #economy #business
  • bocable ReutersBiz: Alcoa posts surprise quarterly profit: NEW YORK (Reuters) - Alcoa Inc posted a surprise .. https://bit.ly/zJTBR
  • polymath22 Alcoa Inc. (NYSE: AA): Third Quarter Earnings Preview 2009 https://bit.ly/zabuN
  • petrbuben Alcoa sees aluminum demand picking up in second half
  • vegaswholesale Alcoa posts surprise quarterly profit (Reuters) : Reuters - Alcoa Inc posted a surprise profit on Wednesday t.. https://bit.ly/3XmEIk
  • equipmentlease Alcoa posts surprise quarterly profit: NEW YORK (Reuters) - Alcoa Inc posted a surprise profit on Wednesday thr.. https://bit.ly/zJTBR
  • jitefaith : Alcoa posts surprise quarterly profit (Reuters): Reuters - Alcoa Inc posted a surprise profit on Wednesday t... https://bit.ly/10Yh97
Protected by Comment Guard Pro