Alcoa Inc (NYSE:AA), the Dow’s one and only aluminum producer, is scheduled to report 2nd quarter 2013 financial results after the bell on Monday, July 8, 2013. The stock is down 10 percent year-to-date and about 10 percent over the last 12 months, under-performing the S&P 500 by about 20 percent as a continued supply of aluminium out of China has kept pressure on the price. This has also kept consistent downward pressure on earnings per share (EPS) and revenue estimates for Alcoa Inc (NYSE:AA). Moody’s Downgraded On May 29, Moody’s downgraded the company’s credit rating to Ba1, which is…
Alcoa Inc (AA) Receives Neutral Rating From Goldman Sachs
HFA Staff
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