Alcoa shares are doing some nice business this morning, up 5.7% in premarket trading at $9.86. Despite seeing first-quarter earnings slide nearly 70%, the company jumped over a very low bar in terms of earnings expectations, and that's good enough for the Street.
Next week kicks off earnings season for the second quarter, with Alcoa traditionally leading the announcements. As last week was one of the market’s best in the last two years, investors seem to be optimistic. Here’s what to look fo... Read Post
This is a tough crowd. J.P. Morgan substantially beat analysts earning expectations, but analysts and investors are still concerned about the banks fourth quarter results. J.P. Morgans shares sank about 1% in premarket trading. Read Post
Everyone gets nervous ahead of Alcoa earnings because they tend to be pretty volatile, and the company has a tendency to come in weak. But at least this quarter they were fine. The company's $5.2 billion in Q3 revenue was better tha... Read Post