Alcoa reports loss, but beats forecasts
Alcoa reports loss, but beats forecasts"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Aluminum giant Alcoa Inc. reported its first quarterly loss in eight years, citing the cost of plant closings and job cuts. Excluding one-time charges, however, the company’s earnings beat
analysts’ reduced expectations. The Pittsburgh-based company posted a loss of $142 million, or 17 cents a share, for the quarter ended Dec. 31, compared with profit of $392 million, or
45cents, a year ago. Excluding a $241-million restructuring charge, the company earned $99 million, or 11 cents a share, on a 21% decline in revenue to $5.2 billion. Analysts predicted
earnings of 10 cents a share. Alcoa stock fell 82 cents to $37.34 on the NYSE. MORE TO READ
Trending News
Five dead after methane leak at ArcelorMittal coal mine in KazakhstanNUR-SULTAN (Reuters) – Five people died after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan on Thursday...
Cheaper fuel cost eases India's June WPI to 2.02%Become a MemberDark ModeBecome a MemberOperation SindoorRaghav's TakeState of EducationUncovering HateQisse KahaniyaanCl...
Mission college : transfer students face obstaclesGrowing financial burdens and class cuts are narrowing the choices of many community college students hoping to transfer...
Prenatal counseling and parental decision-making following a fetal diagnosis of trisomy 13 or 18To evaluate parental decisions following a prenatal diagnosis of trisomy 13 (T13) or trisomy 18 (T18), prenatal counseli...
Who needs solidarity? Columbia offering six niche graduation ceremonies to cater to students’ race, sexuality & incomeIvy League Columbia University has joined the growing pool of colleges hosting identity-politics-based graduation ceremo...
Latests News
Alcoa reports loss, but beats forecastsAluminum giant Alcoa Inc. reported its first quarterly loss in eight years, citing the cost of plant closings and job cu...
The nad+ salvage pathway modulates cancer cell viability via p73ABSTRACT The involvement of the nicotinamide adenine dinucleotide (NAD+) salvage pathway in cancer cell survival is poor...
E3: 'halo 4' episodic content is 'a tv series you play'Are video games becoming more like television? With their richly detailed cut scenes and dazzling special effects, video...
Hurdle for Nadigar Sangam elections? Petition asks for injunctionThe South Indian Artistes’ Association aka the Nadigar Sangam is gearing up for its polls in 10 days, to be held on June...
KTLA’s Michaela Pereira goes east to start a ‘New Day’ at CNNCanadian-born “KTLA Morning News” anchor Michaela Pereira never expected to wind up as a news anchor in Los Angeles, esp...