Labor Costs, Hurricane Hit Alcoa Profit
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Alcoa Inc. , the world's biggest aluminum producer, said on Thursday that net income for the quarter rose slightly, as labor problems and the effect of Hurricane Ivan offset high aluminum prices.
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US aluminium giant Alcoa warns its third quarter profits will fall below expectations, blaming restructuring costs, a fire and a strike.
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The aluminum maker extended its takeover offer to rival Alcan and said second-quarter profit slipped by nearly 4 percent
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NEW YORK - Investors worried about third quarter-earnings looked past a surprise drop in wholesale prices, sending stocks lower on profit warnings from Dow component Alcoa Inc. and Visteon Corp...
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U.S. integrated oil company Marathon  Oil Corp. MRO.N on Tuesday reported a fall in quarterly  profit, as hurricanes and disruptions in oil and gas production  outweighed record prices for crude oil.
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Allstate Corp. ALL.N, the No. 2 U.S.  home and auto insurer, warned on Wednesday its third-quarter  profits would fall well short of expectations due to more than  $1 billion in hurricane-related payouts.
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Alcoa&#39;s profit warning a thorn in industrials&#39; side. Nasdaq up with PeopleSoft, extended tech rally. NEW YORK (CNN/Money) - Alcoa&#39;s profit warning bruised the Dow Friday, while the broader market inched higher
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Health Management Associates Inc., an operator of acute care and psychiatric hospitals, said Monday that damage related to Hurricanes Charley and Frances will lower fourth-quarter earnings by 2 cents per share.
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The airline said earnings were hurt by higher oil prices, strikes and special items, but said its operating profit rose as it attracted more passengers.
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Midland Co. on Thursday said third-quarter profits fell by almost half as the specialty insurer sustained heavy claims losses from the hurricanes that swept through the Southeast during the summer.
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Third-quarter profit rose at Alcan Inc. (AL.TO: Quote, Profile, Research) on higher aluminum prices and shipments that helped it beat soaring energy costs, the company
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Alcoa Inc. AA.N, the world's  biggest aluminum producer, said on Thursday that net income for  the quarter rose slightly, as labor problems and the effect of  Hurricane Ivan offset high aluminum prices.
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Alcoa Inc. , the world's largest aluminum producer, on Thursday warned that third-quarter results would fall far short of Wall Street expectations, hurt by plant shutdowns, restructuring costs and weakness in some markets.
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Hurricane season has affected many corporations, with varying outcomes.
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CNA Financial Corp. , one of the largest commercial insurance firms in the United States, said on Monday that it had a fourth quarter profit compared with a loss a year ago, when it was hurt by claims from 2005's Hurricane Wilma.
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Alcoa Inc , the world&#39;s largest  aluminum company, on Monday extended its outstanding offer to  acquire Alcan Inc. , even as it reported a slip in  second-quarter profit.
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including hurricanes Charley, Frances, Ivan, and Jeanne -- contributed to $21.3 billion in insured property loss claims, says actuarial firm ISO.