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…
These are not at all the only stocks we saw hitting 52-week lows. These are the main names we follow that closed lower and that challenged their 52-week lows: ALCOA (AA) opened…
Alcoa (AA) kicked off the earnings season and was rewarded with shares trading up over 3% after hours. Revenues for 2007 were $30.7 billion, compared to $30.4 billion in 2006. Annual income…
Douglas A. McIntyre Alcoa, Inc. (NYSE: AA) is set to report earnings today. First Call has estimates at $0.33 EPS on $6.92 Billion in revenues. Next quarter’s estimates are $0.60 EPS on $7.03 Billion in…
Douglas A. McIntyre 2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
Pardus Capital Management, which has taken a position in Delta (DAL), is going to push a merger with United (UAUA) by taking the proposal to other shareholders. Odd as it may seem,…
BHP Billiton (BHP) has offered to buy rival Rio Tinto (RTP). BHP has a market cap of $230 billion. And Rio’s is $115 billion. Both stocks are moving up on the news.…
Back in the day when Merrill Lynch (MER) was minting money and the stock was at $98, it had made a run from $35 in early 2003. That was just this last…
Lazard Capital Markets gives a preview for earnings out of key solar companies this week. First Solar was started with coverage by Pacific Growth Equities with a Neutral rating, and after a…
It is hard to get too excited about metals and aluminum companies when technology and IT stocks are putting in new high after new high. Regardless, ALCOA (NYSE:AA) is set to lead…
Douglas A. McIntyre The Australian is just out with a piece saying BHP Billiton (BHP) will not pursue a buy-out of Alcoa (AA). Alcoa’s shares are down 4%. BHP is up almost 3%. BHP shareholders…
On today’s STOP TRADING segment on CNBC, Jim Cramer said you need to lay back and look at the smaller sub-$5 Billion stocks in the metals sector since it looks like the…
According to MarketWatch, BHP Billiton (BHP) is looking at a possible deal to buy Alcoa. Both companies missed out on getting married when Rio Tinto (RTP) locked up a bid for Alcan…
(AA) Alcoa may now be in play according to research notes since it withdrew Alcan bid.(APA) Apache may go to $100.00 and then trade up to $120.00 according to Cramer.(BHI) Baker Hughes…