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| | | ... on May 4. NEW YORK - The Dow reached its fifth straight record high at close after the world's largest aluminum producer, Alcoa, launched a $US27 billion ($A32.94 billion) bid for Canadian rival Alcan. The Dow Jones industrial average rose 48.35 points ... |
| | | | ... buoyed by a steady parade of strong profit reports and reassuring news on the economy. Standouts in the session included Alcoa Inc, up 5.2 per cent after the world's largest aluminum company said it would consider selling its unit that makes Reynolds ... |
| | | | ... reporting season wanes, you see less impressive results." In the US stocks jumped overnight as talk that aluminum producer Alcoa Inc may be a takeover target bolstered optimism about deals, and energy shares gained with a sharp rebound in oil prices. ... |
| | | | ... records, hitting 5947.3 and 5916.3 respectively. NEW YORK - US stocks rose sharply overnight as talk that aluminium producer Alcoa Inc may be a takeover target bolstered optimism over deals, and as energy shares gained with a rebound in oil prices. At ... |
| | | | ... forecast. NEW YORK - US stocks fell as concerns about slackening economic growth hurt cyclical shares such as aluminum producer Alcoa and diversified manufacturer 3M. Investors also bailed out of risky assets such as US-traded emerging-market shares ... |
| | | | ... shareholders in Brisbane. NEW YORK - US blue-chip stocks eked out a slim gain as a brokerage upgrade helped lift shares of Alcoa, while the Nasdaq fell under the weight of a drop in shares of Apple. The Dow Jones industrial average was up 4.65 points ... |
| | | | ... index was trading five points lower at 4801 at 0806 AEDT. NEW YORK - US stocks edged lower after disappointing results from Alcoa Inc. and a profit warning from Phelps Dodge Corp. reduced optimism about corporate earnings, but gains in shares of Apple ... |
| | | | ... filing could cost it as much as $12 billion. The Nasdaq Composite Index slipped to a three-month low. After the closing bell, Alcoa rose two per cent to $23.10 after reporting slightly higher third-quarter profit. The Dow Jones industrial average fell ... |
| | | | ... - US stocks closed mixed on news that Hurricane Rita weakened before it approached landfall, while a profit warning from Alcoa, the world's largest aluminum producer, dragged on blue-chip shares. Stocks cut their morning slide as the US National Hurricane ... |
| | | | ... boosted shares of mining companies, like Newmont Mining, while expectations of solid earnings helped lift aluminum maker Alcoa. By 0715 AEST the current futures contract on the Sydney Futures Exchanges - an indicator of activity ahead - was four points ... |
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