Alcoa Heads to Highest Profit in 2 Years on Aluminum

Bloomberg.com reports that there is expectation that Alcoa (NYSE:AA) is about to announce its’ highest earnings in nine quarters.

The story is quoted as saying:

The company will report fourth-quarter net income of 19 cents a share after trading today, compared with a 28-cent loss a year earlier, according to the average of 15 analysts’ estimates in a Bloomberg survey. That would be the New York- based company’s biggest profit since the third quarter of 2008, when commodity prices began to tumble.

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