Wall St. liked Alcoa’s (AA) earnings. They were down, but no by as much as most analysts had supposed. Earnings at the metal company dropped 24% to $546 million. Revenue was down…
Douglas A. McIntyre According to Reuters, large Yahoo! (YHOO) shareholder Legg Mason said Carl Icahn’s bid would have more support if he guaranteed he would not sell the company for less than $33. Reuters writes…
Alcoa Inc. (NYSE: AA) has come out and reported earnings, marking the first of the large companies to post earnings to kick off earnings season. The metals giant posted $0.66 EPS on…
Douglas A. McIntyre Alcoa, Inc. (NYSE: AA) is set to lead off Q2-2008 earnings season. After looking around at many last minute sources, we’d caution against you falling for tying the overall bias of earnings…
Douglas A. McIntyre These are ten of the individual analyst calls seen out there this Thursday morning ahead of a 3-day weekend: Aetna (NYSE: AET) cut to Sell at Goldman Sachs. Alcoa (NYSE: AA) Raised…
These are ten of the analyst calls we are focusing on this Wednesday morning in the early pre-market hours: Alcoa (NYSE: AA) cut to Neutral at JP Morgan. American Capital (NASDAQ: ACAS)…
There is one key thing that the U.S. Dollar weakness could bring about if the dollar stays where it is. If it continues its slide next year even though our interest rate…
According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff.…
ALCOA Inc. (NYSE: AA) gave a strange earnings report today. The aluminum giant gave $0.37 EPS on $7.4 Billion in revenues. First Call had this quarter estimates at $0.48 EPS and $7.2…
Douglas A. McIntyre ALCOA, Inc. (NYSE: AA) is seeing shares trade higher ahead of its earnings report after today’s close. Goldman Sachs appears to be the initial reason as it has raised its targets on…
Douglas A. McIntyre These are some of the top analyst calls this morning: Alcoa (NYSE: AA) cut to Market Perform at FBR. Dr. Reddy’s (NYSE: RDY) cut to Hold at Citigroup. Freeport-McMoRan (NYSE: FCX) cut…
According to Reuters, Fed chief Bernanke said the Fed was ready to help the economy if necessary. Reuters writes that financial results at Deutsche Telekom (DT) met expectations for 2007. Reuters writes…
On Tuesday (actually late Monday night in the U.S.), we’ll get to see earnings out of BHP Billiton Ltd. (NYSE: BHP). The estimates from First Call for the metal and mining giant…
Most on Wall St. believed that Alcoa (AA) was the odd man out in the metals industry. It missed out on buying Alcan. It has been nowhere to be seen in the…
According to Reuters, Chinese mining group Chinalco and Alcoa (AA) have bought 12% of Rio Tinto (RTP) setting up a potential bid against BHP Billiton (BHP). Reuters writes that Motorola (MOT) is…
