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Alcoa (AA) plunges: Earnings season is off to a bad start

Earnings season is off to a rough start. Alcoa (NYSE:AA) spooked the market with a huge disappointment. What does the rest of the season have in store? By Andrew Snyder Baltimore – (TFN): With the year’s third quarter just a week or so in our past, it is time to enter earnings season. Like usual, the first [...]

Earnings Season Starts with Alcoa (AA)

“Of course, financials will lead the charge in terms of these dire expectations, followed closely behind by consumer discretionary (which reflects the lagging confidence measures). Technology is also expected to struggle; these days management must think long and hard about investing in any major systems upgrades.” — William Patalon by William [...]

Commodities Trading: Aluminum’s Alcoa bribes (maybe) and buys

"After naming Merrill Lynch CEO Stan O’Neal (yes, that Stan O’Neal, the one who was forced to step down after revealing $8.4 billion in mortgage writedowns for the investment firm last fall) to its board, Alcoa and Chinese competitor Aluminum Corporation of China, or Chalco, as it’s known, bought a 9% stake (12% [...]

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