...were predicting 3 percent earnings growth for the first quarter.Earnings season gets under way Tuesday when the aluminum producer Alcoa becomes the first major U.S. company to release its first-quarter results.Should this batch of earnings...
...releases its fourth-quarter results today, said it would cut 13,500 jobs, or 13 percent of its work force. The aluminum producer has been hurt by falling demand as the recession spreads overseas. Chip maker Intel, which reports its earnings...
...December unemployment. Just days into 2009, data storage company EMC Corp., managed care provider Cigna Corp., aluminum producer Alcoa Inc. and computer products designer Logitech International were among those announcing big layoffs. The flurry...
...Some analysts say they will make it nine in a row this earnings season, which begins today with a report from aluminum producer Alcoa Inc.Credit Suisse analysts wrote in a recent report that they expect companies in the S&P 500 will report...
...typically get a lot of positive reinforcement from earnings." The market received some good news after the close, when aluminum producer Alcoa Inc. posted a profit that beat analysts' forecasts despite pressure from soaring energy costs and lower aluminum...
...investors formed Jenkins Cooling Systems and have spent the past few years marketing it to manufacturers, such as aluminum producer Alcoa Inc. and International Paper Co., to improve productivity among workers in hot environments. But it's...
...Alcoa's net profits up 87 percent during the second quarter, the company reported Wednesday. The world's largest aluminum producer reported a net income of $404 million, or 46 cents per share, for the three-month period that ended June 30...
...selling its Mervyn's and Marshall Field's divisions. Several brokerage analysts issued upgrades on the news. Aluminum producer Alcoa Inc. added 7 cents to $34.27 - the only stock in the Dow 30 to end the day in positive territory. In a...
...including the sale of the company." Another potential suitor is Alcan Aluminium Ltd. of Canada, the world's No. 2 aluminum producer, which already in the midst of a merger with French and Swiss competitors that would create a company that would...
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