Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 7, 2008 9:08:17 AM CDT

Learn about Newser Points »

Stories related to: Alcoa

Stories

13 Stories

  • April 2008

    • Stocks Fall on Dismal Earnings

      Wall Street Journal  |  Apr 8, 08 3:38 PM CDT

      Stocks Fall on Dismal Earnings

      (Newser) - Stocks fell today as the first-quarter earnings report season began with dismal results and a grim new report confirmed that the housing slump hasn't bottomed out, Bloomberg reports. Washington Mutual, freshly bailed out by TPG, led financials lower after it slashed its dividend 93%. The Dow fell 35.99 to close at 12,576.44, the Nasdaq 16.07 to 2,348.76, and the S&P 500 7.00 to 1,365.54. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • stocks  • New York Stock Exchange  • AMD  • WaMu  • Alcoa  • Lennar Corp.

    • Stocks Flat Despite WaMu Deal

      Wall Street Journal  |  Apr 7, 08 3:36 PM CDT

      Stocks Flat Despite WaMu Deal

      (Newser) - Stocks were flat today after worries about coming first-quarter earnings reports kept a financial stocks rally from taking hold, MarketWatch reports. The Dow rose 3.01 to 12,612.42; the S&P 500 rose 2.14 to 1,372.54; and the Nasdaq was off 6.15 to close at 2,364.83. More »

  • February 2008
  • January 2008

    • Markets Swing; Nasdaq Suffers

      MarketWatch  |  Jan 7, 08 3:54 PM CST

      Markets Swing; Nasdaq Suffers

      (Newser) - The markets seesawed towards small increases, as the Dow saw its first gains of 2008 after fluctuating in a 150-point range, MarketWatch reports. The Nasdaq continued last week’s streak of losses, falling 5.19 to 2,499.46. The Dow ended up 27.31 at 12,827.49, and the S&P 500 inched up 4.55 to 1,416.18. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • housing market  • Alcoa

  • December 2007

    • Stocks Rise on Credit Optimism

      MarketWatch  |  Dec 24, 07 1:27 PM CST

      Stocks Rise on Credit Optimism

      (Newser) - Stocks were buoyant today in an abbreviated Christmas Eve session, rising on falling interest rates and optimism that financial institutions would find new sources of capital from abroad. The Dow got a boost from a big cash infusion for Merrill Lynch and aluminum giant Alcoa’s sale of a major division, jumping 98.68 points to 13,549.33. The S&P 500 added 11.99 points to 1,496.45, and Nasdaq rose 21.51 points to close at 2,713.50 More »

      Tags

      Alcoa

  • October 2007

    • Stocks Slide on Earnings Angst

      Bloomberg  |  Oct 10, 07 4:06 PM CDT

      Stocks Slide on Earnings Angst

      (Newser) - The Dow had its biggest fall in a month today, as investors showed anxiety over third-quarter earnings. The key index dropped 85.84 points from yesterday's record high to 14,078.69, after aluminum maker Alcoa announced a sales slippage of 3.2%. Boeing contributed to the bearish day with a 2.7% loss, Bloomberg reports, after it pushed back delivery of its much-delayed 787 Dreamliner for 6 more months. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • energy  • Boeing  • earnings reports  • Alcoa

    • Fed News Boosts Dow to Record

      Wall Street Journal  |  Oct 9, 07 3:45 PM CDT

      Fed News Boosts Dow to Record

      (Newser) - The markets spiked to record highs today after the Fed released minutes from its critical September meeting that revealed unanimous consent for the large interest rate cuts. The Dow climbed 120.80 points to close at an all-time high of 14,164.53. One economist told the Journal, “Just seeing that the Fed feels your pain is worth something.”  More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • US dollar  • earnings reports  • Alcoa  • Fed

    • Stocks Dip on Bad Oil News

      Bloomberg  |  Oct 8, 07 3:40 PM CDT

      Stocks Dip on Bad Oil News

      (Newser) - Stocks fell today as oil producers and miners faced fears a slow economy would hamper demand. Crude dropped as low as $78.98 as Columbus Day brought the slowest trading session of the year; the Dow closed at 14,043.73, down 22.28. Exxon and Occidental both saw declines, and copper led tin, lead, aluminum, and nickel into negative territory, Bloomberg reports. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • crude oil  • miners  • Exxon  • Alcoa  • quarterly reports

    • Market Rises on Strong Jobs Report

      Bloomberg  |  Oct 5, 07 10:08 AM CDT

      Market Rises on Strong Jobs Report

      (Newser) - Stocks surged this morning after a highly anticipated jobs report came back reassuringly strong, with 110,000 US workers gaining jobs in September. At the same time, the upsetting August jobs loss—which fueled rampant recession fears—was revised to a gain of 89,000. Growth exceeded expectations among economists polled by Bloomberg, who had estimated 100,000 new jobs.  At 11am EDT the Dow was up 51.46 to 14,025.77, the Nasdaq 23.76 to 2,757.33 and the S&P 8.58 to 1,551.42. More »

      Tags

      Nasdaq  • Dow Jones  • job  • General Electric  • Labor Department  • Alcoa  • school holidays

  • July 2007

    • Retail Reports Catapult Markets

      Wall Street Journal  |  Jul 12, 07 3:43 PM CDT

      Retail Reports Catapult Markets

      (Newser) - The Dow soared 283.86 points to 13861.73 today, its largest single-day rally since 2002 and another record close. Traders ignored ongoing bearish rumors from the subprime sector, focusing on better-than-expected June reports from a host of retailers including Wal-Mart, J.C. Penney and American Express. More »

      Tags

      stock market  • S&P 500  • Dow Jones  • stocks  • Alcoa  • Alcan  • Rio Tinto

  • May 2007

    • Alcan Steels Itself Against Alcoa Bid

      Bloomberg  |  May 22, 07 6:17 PM CDT

      Alcan Steels Itself Against Alcoa Bid

      (Newser) - Canadian aluminum maker Alcan has rejected the $24.7-billion bid from rival Alcoa that would have been the biggest takeover in the metals industry, and signalled its intention to look elsewhere. Alcoa’s  $74.60-per-share bid was inadequate, Alcan’s CEO said today, reigniting rumors that both companies may be ripe takeover targets. More »

      Tags

      acquisitions  • merger  • Alcoa  • takeovers  • Alcan  • aluminum

    • Aluminum Giant Makes Play for Rival

      Wall Street Journal  |  May 7, 07 1:44 PM CDT

      Aluminum Giant Makes Play for Rival

      (Newser) - Aluminum titan Alcoa is hoping to get its largest rival, Alcan, to melt under a hostile takeover bid, after merger talks between the two companies collapsed. Alcoa, the world's largest aluminum company, has offered $26.9 billion for its Canadian competitor in an effort to beat out the emerging market producers who have recently dominated the industry. More »

      Tags

      acquisitions  • merger  • hostile takeover  • Alcoa  • Alcan  • aluminum  • hydropower

  • April 2007

13 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »