Tue July 9, 2013
Alcoa Kicks Off Earnings Season
Originally published on Tue July 9, 2013 3:56 am
Over the next few weeks, thousands of U.S. based publicly traded corporations will be reporting their quarterly results. Within days though, judgments will start to be made on whether the economy is holding up well enough to justify stock prices that are approaching a new peak. Alcoa says it lost more money than expected during the second quarter of this year because of restructuring costs.