Hindalco Surges; Rival Alcoa Earnings Beat Forecasts
Business | Thursday October 9, 2014
Alcoa Inc's earnings beat forecasts, propelled by higher aluminium prices. This Augurs well for the company's unit Novelis Inc, investors say.
Wall Street Climbs Ahead of Federal Reserve Statement; DuPont Up
Business | Wednesday September 17, 2014
US stocks rose on Wednesday, ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the US central bank.
Hindalco Gains After Alcoa Earnings Beat
Business | Wednesday July 9, 2014
Alcoa also increased its 2014 growth estimate for the North America commercial transportation market.
Wall Street Retreats as Cyclicals Weigh; Small-Caps Sag
Business | Tuesday July 8, 2014
US stocks dipped on Monday, retreating from last week's record levels as investors hesitated to make big bets before the start of earnings season.
China Warns US of Retaliation After Accusations of Cyberspying
World News | Reuters | Tuesday May 20, 2014
China has warned the United States that it would retaliate if Washington presses on with charges against five Chinese military officers accused of hacking into American companies to steal trade secrets, state media said on Tuesday.
Wall Street opens higher, Alcoa rises
Business | Wednesday April 9, 2014
US stocks opened higher on Wednesday, putting the S&P 500 on track for a second straight advance, after Alcoa Inc reported adjusted profits that beat expectations.
As automakers use more aluminum, can providers expand fast enough?
Business | Saturday January 11, 2014
The U.S. market for aluminum sheet is expected to be up fivefold this year from 2012 with the development of vehicles like Ford Motor Co's next generation F-150 full-size pickup truck, a more aluminum intensive model that will be shown Monday at the Detroit auto show.
Hindalco falls after peer Alcoa disappoints on earnings, outlook
Business | Friday January 10, 2014
Excluding the impairment charge of $1.7 billion on smelter acquisitions and other special items, Alcoa group earnings fell to $40 million, falling short of analysts' expectations.
Asian shares gain, dollar near three-year high
Business | Tuesday July 9, 2013
Japan's Nikkei share average rose 2.3 per cent, looking set to hit a six-week closing high, while MSCI's Asia-Pacific ex-Japan index rose 1.2 per cent.
Wall Street jumps before Alcoa opens earnings season
Business | Monday July 8, 2013
Wall Street mostly rose on Monday, extending gains after last week's robust June payrolls report to push the S&P 500 about 2 per cent below its all-time high set in May, just before the start of earnings season.
Ratan Tata gets over Rs 1 crore as director fee from Alcoa
Business | Tuesday April 23, 2013
Mr. Tata, who retired as the head of salt-to-software Indian conglomerate Tata group last December, has been on the board of the $26 billion firm aluminum producer since 2007.
World stocks gain on China data; yen rallies
Business | Tuesday April 9, 2013
The yen rallied on Tuesday, snapping a three-day decline against the dollar and euro as it neared 100 to the dollar, while a fall in Chinese inflation and expectations for modest growth in US corporate earnings helped stocks.
Wall Street closes higher in late-day rally
Business | Tuesday March 5, 2013
US stocks closed higher on Monday as investors staged a late-day rebound, extending a recent trend of buying on dips and pushing major indexes near all-time highs despite concerns about growth and China's housing market.
Wall Street gains as Europe girds for turmoil
Business | Monday June 18, 2012
The Dow Jones industrial average was up 66.11 points, or 0.52 per cent, at 12,718.02.
Apple, Google could join Dow index: Barron's
Business | Monday April 30, 2012
The business weekly said the Dow has no timetable, but a new company or two could be added in the next year.
Hindalco Surges; Rival Alcoa Earnings Beat Forecasts
Business | Thursday October 9, 2014
Alcoa Inc's earnings beat forecasts, propelled by higher aluminium prices. This Augurs well for the company's unit Novelis Inc, investors say.
Wall Street Climbs Ahead of Federal Reserve Statement; DuPont Up
Business | Wednesday September 17, 2014
US stocks rose on Wednesday, ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the US central bank.
Hindalco Gains After Alcoa Earnings Beat
Business | Wednesday July 9, 2014
Alcoa also increased its 2014 growth estimate for the North America commercial transportation market.
Wall Street Retreats as Cyclicals Weigh; Small-Caps Sag
Business | Tuesday July 8, 2014
US stocks dipped on Monday, retreating from last week's record levels as investors hesitated to make big bets before the start of earnings season.
China Warns US of Retaliation After Accusations of Cyberspying
World News | Reuters | Tuesday May 20, 2014
China has warned the United States that it would retaliate if Washington presses on with charges against five Chinese military officers accused of hacking into American companies to steal trade secrets, state media said on Tuesday.
Wall Street opens higher, Alcoa rises
Business | Wednesday April 9, 2014
US stocks opened higher on Wednesday, putting the S&P 500 on track for a second straight advance, after Alcoa Inc reported adjusted profits that beat expectations.
As automakers use more aluminum, can providers expand fast enough?
Business | Saturday January 11, 2014
The U.S. market for aluminum sheet is expected to be up fivefold this year from 2012 with the development of vehicles like Ford Motor Co's next generation F-150 full-size pickup truck, a more aluminum intensive model that will be shown Monday at the Detroit auto show.
Hindalco falls after peer Alcoa disappoints on earnings, outlook
Business | Friday January 10, 2014
Excluding the impairment charge of $1.7 billion on smelter acquisitions and other special items, Alcoa group earnings fell to $40 million, falling short of analysts' expectations.
Asian shares gain, dollar near three-year high
Business | Tuesday July 9, 2013
Japan's Nikkei share average rose 2.3 per cent, looking set to hit a six-week closing high, while MSCI's Asia-Pacific ex-Japan index rose 1.2 per cent.
Wall Street jumps before Alcoa opens earnings season
Business | Monday July 8, 2013
Wall Street mostly rose on Monday, extending gains after last week's robust June payrolls report to push the S&P 500 about 2 per cent below its all-time high set in May, just before the start of earnings season.
Ratan Tata gets over Rs 1 crore as director fee from Alcoa
Business | Tuesday April 23, 2013
Mr. Tata, who retired as the head of salt-to-software Indian conglomerate Tata group last December, has been on the board of the $26 billion firm aluminum producer since 2007.
World stocks gain on China data; yen rallies
Business | Tuesday April 9, 2013
The yen rallied on Tuesday, snapping a three-day decline against the dollar and euro as it neared 100 to the dollar, while a fall in Chinese inflation and expectations for modest growth in US corporate earnings helped stocks.
Wall Street closes higher in late-day rally
Business | Tuesday March 5, 2013
US stocks closed higher on Monday as investors staged a late-day rebound, extending a recent trend of buying on dips and pushing major indexes near all-time highs despite concerns about growth and China's housing market.
Wall Street gains as Europe girds for turmoil
Business | Monday June 18, 2012
The Dow Jones industrial average was up 66.11 points, or 0.52 per cent, at 12,718.02.
Apple, Google could join Dow index: Barron's
Business | Monday April 30, 2012
The business weekly said the Dow has no timetable, but a new company or two could be added in the next year.
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