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Stifel Weighs In On Alcoa, Continues To See Increasing Aluminum Demand From The Auto Industry
Tuesday, January 13, 2015 - 3:54pm | 373Read More...Alcoa Inc (NYSE: AA) reported its fourth quarter results on Monday after market close. The company earned $0.33 per share, beating the consensus estimate of $0.26 per share while revenue of $6.40 billion topped expectations of $5.99 billion. In a note on Tuesday, Paul Massoud of Stifel...
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4 Q4 Earnings Stories To Keep An Eye On
Sunday, January 11, 2015 - 4:28pm | 864Read More...Alcoa Inc (NYSE: AA) offers the traditional kickoff to the new earnings season on Monday. Although the stock is no longer a Dow Jones Industrial Average component, analysts are looking for positive results for the fourth quarter. Much of the focus this week, though, will be on earnings from...
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Alcoa Coverage Resumed, Consol Energy Downgraded At Citigroup
Monday, December 1, 2014 - 3:41pm | 218Read More...In a note to clients on Monday, Brian Yu of Citigroup downgraded Consol Energy, Inc. (NYSE: CNX) to Neutral from Buy with a $41 price target due to recent share appreciations. At the same time, the analyst resumed coverage of Alcoa Inc (NYSE: AA) with a Buy rating and $21 price target. "...
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Markets Virtually Flat, Oil Continues To Decline Following Bearish Outlook
Monday, October 27, 2014 - 4:58pm | 1622Read More...U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...
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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830Read More...U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294Read More...U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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UPDATE: Tigress Financial Upgrades Alcoa
Friday, October 10, 2014 - 1:34pm | 270Read More...Following Alcoa Inc's (NYSE: AA) third quarter report on Wednesday, analysts at Tigress Financial upgraded shares to Strong Buy from Buy while adding the company's name to its "Focus List." "Alcoa's third quarter solid quarterly results confirmed our belief that Alcoa's transition to higher value-...
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Alcoa Inc Could Benefit From F-150, 'Massive Trend' Toward Aluminum Automobiles
Wednesday, October 8, 2014 - 1:40pm | 713Read More...Expectations are high for Alcoa Inc's (NYSE: AA) third quarter results (scheduled for release following Wednesday's market close), but analysts are already looking to the company's future benefits. "Clearly, Ford's F-150 is going to have a lot of aluminum content,"...
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Earnings Expectations For The Week Of October 6: Alcoa Inc, PepsiCo, Inc. & More
Sunday, October 5, 2014 - 6:53pm | 962Read More...A new earnings season gets underway this week when Alcoa Inc (NYSE: AA), PepsiCo, Inc. (NYSE: PEP) and Yum! Brands, Inc. (NYSE: YUM) share their third-quarter results. Analysts expect at least some growth on the top and bottom lines for all three companies. Also scheduled to step into the...
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What Is A High Risk Market?
Monday, September 8, 2014 - 9:39am | 810Read More...As defined here, a “high risk market” refers to a geographical region fraught with risk due to bribery, corruption or geopolitical events. While any industrial sector could be at risk, some industries are more prone than others are and often find themselves ensnared by the U.S....
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139Read More...U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111Read More...U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632Read More...U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...
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Earnings Expectations For The Week Of July 14: Big Banks, Tech Giants And More
Monday, July 14, 2014 - 6:54am | 1131Read More...After Alcoa (NYSE: AA) and Wells Fargo (NYSE: WFC) kicked off the second-quarter earnings season last week, things ramp up this week with reports from many of the big banks, some tech giants and other blue-chips. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and J.P. Morgan (NYSE: JPM) get...
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Stocks Close Lower On Economic Concerns In Europe
Thursday, July 10, 2014 - 4:38pm | 2145Read More...U.S. markets followed European equities and sold off after Portugal's second largest bank Banco Espirito Santo missed a debt payment, renewing concerns over the health of the Portuguese and European economy. Despite a comeback from hefty losses, major indices still finished the day in...
