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Stocks Hold Steady as Weak Dollar Offsets Jobs Report
Friday, December 3, 2010 - 4:02pm | 293Wall Street refused to succumb to fears sparked by November's dreary jobs report on Friday as a sinking U.S. dollar offset the economic gloom. Today's Markets As of 2:36 p.m. ET, the Dow Jones Industrial Average fell 14.19 points, or 0.12%, to 11348.37, the Standard & Poor's 500 declined 1.22...
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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 10:30am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Alcoa Down Over 1% In Pre-Market (AA)
Friday, December 3, 2010 - 10:04am | 76Alcoa Inc. (NYSE: AA) is down more than 1% this morning, as a terribly ugly November jobs report hit equity futures this morning, and risk is being taken off this morning so far. Futures are tumbling as well, as we inch closer to the start of trading. At last check, Dow futures were off 65 points...
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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 5:16am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Rio Tinto on an Investment Spree - Analyst Blog
Thursday, December 2, 2010 - 4:00pm | 494Rio Tinto Plc (RIO) is on an investment spree to enhance production driven by the gradual market recovery. In July 2010, Rio Tinto announced an investment plan of $5.1 billion over five years in the Pilbara region to boost the production capacity by more than 50%. The production capacity is...
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Alcoa Breaking Out (AA, CENX)
Thursday, December 2, 2010 - 1:28pm | 74Shares of Aluminum producer Alcoa (NYSE: AA) are breaking out today and are challenging their recent high. Shares are up 41 cents, or 3.02%, to $13.98. The stock's three-month high is $14.17 reached on November 9th. Alcoa shares are up 29% over the last three months, but are still down 16% year-to-...
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Stock Market News for December 2, 2010 - Market News
Thursday, December 2, 2010 - 10:54am | 664U.S. stocks kicked off December on a solid note, with major averages climbing at least 2%, as a batch of upbeat economic data from the United States and China helped investors set aside eurozone contagion worries. The rally was led by material and energy shares. The blue-chip Dow Jones...
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Rio Tinto on an Investment Spree - Analyst Blog
Thursday, December 2, 2010 - 10:38am | 494Rio Tinto Plc (RIO) is on an investment spree to enhance production driven by the gradual market recovery. In July 2010, Rio Tinto announced an investment plan of $5.1 billion over five years in the Pilbara region to boost the production capacity by more than 50%. The production capacity is...
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Stock Market News for December 2, 2010 - Market News
Thursday, December 2, 2010 - 5:23am | 664U.S. stocks kicked off December on a solid note, with major averages climbing at least 2%, as a batch of upbeat economic data from the United States and China helped investors set aside eurozone contagion worries. The rally was led by material and energy shares. The blue-chip Dow Jones...
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Alcoa Names New Vice Presidents
Tuesday, November 30, 2010 - 5:42pm | 60Alcoa (NYSE: AA) announced today that Julia Steyn and George King have been named Vice Presidents and co-Managing Directors of the company's Business Development Group, succeeding J. Michael Schell, Executive Vice President – Business Development. Ms. Steyn and Mr. King will report to Charles...
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Rio Tinto's Investment Plans - Analyst Blog
Friday, November 26, 2010 - 1:30pm | 528Rio Tinto Plc. (RIO) has decided to invest C$10 million (approximately US$10.1 million) for five years to build a Rio Tinto Centre for Underground Mine Construction. The new centre would improve construction activities in underground mines and help maximize output. Rio Tinto is also on an...
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Rio Tinto's Investment Plans - Analyst Blog
Friday, November 26, 2010 - 8:15am | 528Rio Tinto Plc. (RIO) has decided to invest C$10 million (approximately US$10.1 million) for five years to build a Rio Tinto Centre for Underground Mine Construction. The new centre would improve construction activities in underground mines and help maximize output. Rio Tinto is also on an...
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Stock Market News for November 19, 2010 - Market News
Friday, November 19, 2010 - 10:03am | 518Talks that the Irish government had agreed to a bailout package and General Motors' successful initial public offering gave investors reason to cheer after a slew of unnerving news about the global economy. The optimism fueled a rally in blue-chip stocks and sent the Dow average to a 173-point gain...
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Stock Market News for November 19, 2010 - Market News
Friday, November 19, 2010 - 4:55am | 518Talks that the Irish government had agreed to a bailout package and General Motors' successful initial public offering gave investors reason to cheer after a slew of unnerving news about the global economy. The optimism fueled a rally in blue-chip stocks and sent the Dow average to a 173-point gain...
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Aloca Up 3% (AA)
Thursday, November 18, 2010 - 12:25pm | 58Alcoa Inc. (NYSE: AA) is up more than 4% this morning, on fairly heavy volume. At last check, shares were up 45 cents to $13.39 on more than 10 million shares. The average daily volume is around 27 million shares. Alcoa engages in the production and management of primary aluminum, fabricated...