Today’s action started off strong but slowly weakened throughout the day as earnings season was on the horizon. Alcoa reported a few minutes ago at 44 cents per share vs. a consensus estimate of 48 cents per share. Currently, Alcoa’s halted pending further news regarding their earnings report.
It’s been an extremely long week trust me. 18 hours inside a car over a 72 hour period is not fun.
In any event, here’s a quick recap of the week’s events!
10/9: The market began reaching all time highs. The NASDAQ reached a 6.75 year new high while the Dow Jones and S&P [...]
Board Increases Share Buyback Program to 25% of Outstanding Shares
NEW YORK–(BUSINESS WIRE)–Alcoa (NYSE:AA):
Highlights:
Income from continuing operations of $558 million, or $0.64 per share, a three percent increase from a year ago.
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