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Yashi

Monday, January 9, 2012

BREAKING NEWS: Alcoa Posts 4Q Loss In-Line With Street’s View, Revenue Beats

Alcoa kicked off the fourth-quarter earnings period with a per-share loss that matched Wall Street expectations, though revenue handily topped views. The company lost 3 cents a share in the period on sales of $6 billion, while Wall Street was looking for a loss of 3 cents on sales of $5.7 billion.


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