Aluminum

BMO Capital is out with its report today on Alcoa (NYSE: AA), maintaining Underperform. In a note to clients, BMO Capital writes, "Alcoa is rated Underperform. The company continues to experience rising costs, which are offsetting higher realized aluminum prices. BMO Research estimates the stock...

Morgan Stanley is out with its report today on Alcoa (NYSE: AA), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Alcoa's 2Q revenues beat our estimate; earnings were in-line on cost pressure. Downstream contributed ~45% of earnings and alumina pricing remained above...

Goldman Sachs has a Buy rating and a $22 price target on shares of Alcoa (NYSE: AA) after it reported earnings last night. In a night to clients, Goldman Sachs writes, "Alcoa reported 2Q11 adjusted EPS of $0.32, in line with GS and the consensus estimate. The effective tax rate of 26% versus our...

Dahlman Rose is out with its report today on Alcoa (NYSE: AA), reiterating Buy. In a note to clients, Dahlman Rose writes, "Alcoa reported 2Q11 results that were largely in line with our estimates and slightly below consensus. We are maintaining our full year 2011 and 2012 estimates and...

US stock futures are lower this morning, as debt fears moved to Italy. Futures on the Dow Jones Industrial Average dropped 101 points to 12,388.00 and futures on the S&P 500 stock index fell 14.10 points to 1,304.50. Nasdaq 100 futures declined 20.75 points to 2,346.25. US stocks closed lower...

Strong revenue helped Alcoa (NYSE: AA) see its net income grow in the most recent quarter, mainly due to climbing revenue. To figure out why, let's first dig into the numbers. Then we can look a bit deeper and see what steps you can take. The Big Numbers: The company reported EPS of 28 cents/...

Cusick's Corner What does an animal do when it is cornered? It gets scared, might even cower, but more times than not it fights back which could best characterize the longs that are in this market now. VIX popped this morning, +15.4%, and the longs that were recently entering the market are in...

Alcoa (NYSE: AA) projects continued growth in all major end markets on a global basis, including aerospace (7 percent), automotive (4-8 percent), commercial transportation (7-12 percent), packaging (2-3 percent), building and construction (1-3 percent), and industrial gas turbines (5-10 percent...

Shares of Alcoa (NYSE: AA) are higher in after-hours trading despite the company reported quarterly earnings that missed earnings estimates. The company reported earnings of 32 cents per share on $6.6 billion in revenues. Wall Street had been expecting earnings of cents per 34 share on $6.32...

Stocks have continued to sell off since the opening bell, as traders begin to assess how big of an issue Italy may just become. As such, stocks are at their lows of the day, and could see additional selling pressure in the last 45 minutes of trading. At last check, the Dow was off 180 points, the...

While my crystal ball has been packed away for weeks now, I just might bust it out and shine it off this afternoon, ahead of Alcoa (NYSE: AA) kicking off the summer earning season at the close today. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against...

Alcoa (NYSE: AA) is set to report earnings tonight after the bell, and the whole world will be watching Alcoa, as the aluminum-maker is seen as a proxy for the global economy. Alcoa, which produces aluminum, is seen as a strong indicator for the global economy, as aluminum is used in many...

Cusick's Corner Selling has been brisk this morning, especially strong after the talks broke over the weekend between the Democrats and Republicans, setting up for some serious battling as we get closer to the August date of missing a payment. The EU continues to be a thorn and early news this...

Shares of Alcoa (NYSE: AA) are trading lower on the session by 2.38%, at $15.99. With the company set to report earnings after the bell today, you have to wonder where shares could head next… Bulls: The bulls will note that, due to the recent rally, shares are trading above the 18-day and 200-day...

Alcoa (NYSE: AA) is down 3% ahead of the quarterly earnings that the company is expected to report today after the close. The analysts are expecting Alcoa to report EPS of $0.34 and revenues of $6.32 billion. The shares are currently trading $15.84, a loss of 3.30%.