Forex

Alcoa Miss Spells Trouble for Q4 Earnings

Jan 12th, 2010 | By Rob

Earnings season officially began, as the firstĀ memberĀ of the S&P 500 and Dow Jones Industrial Average to grab Q4 2009 earnings headlines, Alcoa (AA), reported a net profit of $0.01 EPS on Monday, January 11. The shortfall to the $0.06 EPS market consensus was explained by CEO Klaus Kleinfield by the unexpected weakness in the dollar,
[continue reading...]