Aluminum Industry
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The Aluminum Industry's Alcoa (AA) was InvestorGuide.com's Stock of the Day on 10/8/2009.
Aluminum Giant Alcoa Announces Surprise Profit
Back in January, investors were stunned when Alcoa posted a quarterly loss for the first time in six years. The company followed suit for the next two earnings periods as well, unable to post a profit, and this quarter was suspected to be no different. So when Alcoa reported their third quarter earnings yesterday evening, everyone who was expecting another loss was instead pleasantly surprised at the news of an unexpected profit! How was the company able to turn things around in less than a year, and what are the company's expectations for the future?Read more
Click here to see the complete Stock of the Day archives!
Aluminum Giant Alcoa Announces Surprise Profit
Back in January, investors were stunned when Alcoa posted a quarterly loss for the first time in six years. The company followed suit for the next two earnings periods as well, unable to post a profit, and this quarter was suspected to be no different. So when Alcoa reported their third quarter earnings yesterday evening, everyone who was expecting another loss was instead pleasantly surprised at the news of an unexpected profit! How was the company able to turn things around in less than a year, and what are the company's expectations for the future?Read more
Click here to see the complete Stock of the Day archives!
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On This Date
March 18, 1850:
American Express is founded.
American Express is founded.
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