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Alcoa Leads Off With a Beat - Analyst Blog
Monday, January 10, 2011 - 6:01pm | 457Alcoa (AA) cut the tape on a new earnings season today with better-than-expected EPS and revenue for its fourth quarter. Now, we could debate whether or not AA is a good bellwether all day long, but it is, nonetheless, nice to see this aluminum giant with a rather positive report to begin an...
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Alcoa Leads Off With a Beat - Analyst Blog
Monday, January 10, 2011 - 5:45pm | 457Alcoa (AA) cut the tape on a new earnings season today with better-than-expected EPS and revenue for its fourth quarter. Now, we could debate whether or not AA is a good bellwether all day long, but it is, nonetheless, nice to see this aluminum giant with a rather positive report to begin an...
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Alcoa Falls After Earnings (AA)
Monday, January 10, 2011 - 5:44pm | 91Alcoa (NYSE: AA) kicked off earnings season on Monday afternoon after the closing bell. The company reported adjusted fourth quarter net income of $277 million or $0.24 per share, compared to a loss of $277 million or $0.28 per share in the year ago period. This compared to analysts' consensus EPS...
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Alcoa Beats Street Consensus, Shares Take A Beating Anyway (AA)
Monday, January 10, 2011 - 5:39pm | 69After reporting strong earnings and beating Street consensus on almost all counts, shares of Aluminum producer Alcoa (NYSE: AA) are nevertheless slightly lower in after-hours trading. The most common explanation is that the earnings were already anticipated and, therefore, priced into the shares...
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Alcoa Ends 2010 with Strong Q4 Results
Monday, January 10, 2011 - 5:09pm | 793Earnings Rise on Growing Revenue, Record Cash Performance Alcoa (NYSE: AA) today announced fourth quarter 2010 income from continuing operations of $258 million, or $0.24 per share, the company's highest quarterly income since the economic downturn and $197 million higher than the third quarter of...
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ETFs For This Week's Earnings Reports
Monday, January 10, 2011 - 3:31pm | 276This week marks the start of fourth-quarter earnings season and while only a few marquee names are due to report this week, three Dow names to be exact, it never hurts to do a little advanced planning and scope out some ETFs that may move on the back of these profit reports. For Alcoa (NYSE: AA)...
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Earnings Reports By Day This Season
Monday, January 10, 2011 - 3:25pm | 112Alcoa's (AA) report is generally considered the start to earnings season, and the company is set to report after the close. But while today does mark the unofficial start to the fourth quarter earnings season, be aware that things don't really pi... Go to SwingTradingDaily.com for full article,...
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Market is Holding Support 01-10-2011
Monday, January 10, 2011 - 3:21pm | 855Cusick's Corner Support – that's the key term to this market in the short-term. The market is holding support even after the data missed expectations Friday, the market held critical short-term support of 1260 on the S&P. I am watching the longer term trend lines to monitor any developments if...
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Markets Weak As Eyes Look For Next Catalyst
Monday, January 10, 2011 - 1:42pm | 182The jobs number passed last Friday. It was a non event and somewhat of a disappointment. Just 103,000 jobs created in the month of December. While there has been plenty of positive data in the last couple months, the markets are not seeing the jobs growth they hoped for. This is keeping new buyers...
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Catalysts and Calendars
Monday, January 10, 2011 - 1:36pm | 1415This article was originally posted in the Thematic Investor premium product. To see more quality pieces like this, subscribe now to the Thematic Investor. Last week, I mentioned that “ just because something is cheap does not mean it is going to rise in value. Rather for that to happen there needs...
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Monday's Mid-Day Options Volume Leaders (C, AAPL, BAC, INTC, AA)
Monday, January 10, 2011 - 1:25pm | 102The overall market is slightly lower on the session. The S&P 500 (CBOE: SPX) is currently trading at $1,267.00, off 4.5 points. Here are your mid-day options volume leaders… 1. Citigroup (NYSE: C) 224,340 contracts, 54.4% calls, 45.6% puts 2. Apple Inc. (NASDAQ: AAPL) 149,862 contracts, 65.9%...
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Earnings Expectations: 4Q, 2010 & 2011 - Analyst Blog
Monday, January 10, 2011 - 9:31am | 1268With the strong third quarter earnings season now well behind us, the focus turns to the forth quarter season which kicks off this week when Alcoa (AA), Intel (INTC) and J.P. Morgan (JPM) report. We have already had a handful (24) of S&P 500 firms report, but they were mostly firms with...
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Earnings Expectations: 4Q, 2010 & 2011 - Analyst Blog
Monday, January 10, 2011 - 9:05am | 1268With the strong third quarter earnings season now well behind us, the focus turns to the forth quarter season which kicks off this week when Alcoa (AA), Intel (INTC) and J.P. Morgan (JPM) report. We have already had a handful (24) of S&P 500 firms report, but they were mostly firms with...
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A Peek Into The Market Before The Trading Starts
Monday, January 10, 2011 - 8:52am | 452Pre-open movers US stock futures are lower this morning. Alcoa Inc (NYSE: AA) is all set to report its quarterly results after the closing bell today. Futures on the Dow Jones Industrial Average dropped 42 points to 11,577 and S&P 500 index futures fell 6.20 points to 1,261. Nasdaq 100 futures...
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Deutsche Bank Previews Alcoa's Earnings (AA)
Monday, January 10, 2011 - 8:37am | 126Deutsche Bank is out with a research report previewing Alcoa's (NYSE: AA) earnings. In the note, Deutsche Bank writes, "We expect Alcoa to report 4Q10 diluted EPS of $0.16, slightly below consensus of $0.18. However, we note that our estimates incorporate one-off post-tax charges of $14m (1c/share...