Alcoa 2nd quarter profit slips; extends Alcan offer
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Kicking off the new earnings season, aluminum company Alcoa Inc  reported on Monday that second-quarter profit slipped, but still matched Wall Street expectations, even though revenue fell short of forecasts.
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Oil prices slipped further from record highs on Wednesday as traders locked in profits after the market's &#36;10 surge since mid-August.
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MONTREAL - Third-quarter profit at Alcan Inc. almost doubled, the company said Thursday, crediting higher aluminum prices and more shipments.
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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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Alcoa Inc. , the world's biggest aluminum producer, on Monday posted a lower net profit, despite higher revenue from soaring metal prices, because it took a charge for divesting non-core businesses.
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Alcoa Inc. AA.N, the world's biggest  aluminum producer, said on Monday its quarterly net profit  slipped because of higher energy costs, a weaker dollar and a  charge it took for divesting non-core businesses.
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SAN FRANCISCO (CBS.MW) -- Shares of Alcoa fell more than 5 percent in late trade Thursday after the company said it expects third-quarter earnings to fall short of Wall Street forecasts, citing a strike, a fire and restructuring costs.
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PITTSBURGH Alcoa reported slightly improved earnings today on higher aluminum prices, though the company was plagued throughout the third quarter by a fire, a hurricane and labor strife.
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LONDON, Feb. 6  â BP said Tuesday that its fourth-quarter profit fell 22 percent to a two-year low, driven down by the declining price of oil and increased safety spending.
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Halliburton Co, the No. 2 oil services  company, on Friday posted a narrower quarterly loss as energy  services profits grew, but results missed Wall Street  expectations and its shares fell.
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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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The company said that one-time costs and a recall of Easy-Bake Ovens drove its second-quarter profit well below year-ago results.
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Johnson & Johnson  on Tuesday stuck with its 2007 earnings forecast despite surprisingly strong second-quarter results, sending shares down more than 1.7 percent.
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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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U.S. Bancorp said its second-quarter profit declined 3.7 percent after a strong gain a year ago.
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Alcoa Inc. AA.N, the world's biggest  aluminum producer, on Monday posted a lower net profit, despite  higher revenue from soaring metal prices, because it took a  charge for divesting non-core businesses.
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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.