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1500.0	2012-10-11 00:00:00 UTC	Metals & Mining Stock Outlook - Oct. 2012 - Zacks Analyst Interviews	AA	https://www.nasdaq.com/articles/metals-mining-stock-outlook-oct.-2012-zacks-analyst-interviews-2012-10-11	nan	nan	The Metals & Mining industry encompasses the extraction (mining) as well as primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for a lion's share of the output. Iron and steel commands a major chunk of the global metals market -- more than half the metals industry in terms of volume, followed by aluminum. The iron and steel industry includes metal ore exploration and mining services, as well as iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products. The precious metal and minerals industry consists of companies engaged in the extraction and primary processing of gold, silver, platinum, diamond, semi-precious stones, uranium and other rare minerals and ores, along with the cultivation of pearls. The industry is highly cyclical and competitive. Historically, it has suffered from overcapacity (excess of supply over demand). Metal producers are subject to cyclical fluctuations in prices, general economic conditions and end-user markets. The weakening outlook for global economic growth has emerged as a major headwind for the global metal industry. These near-term challenges aside, the group's long-term dynamics appear attractive. A Detailed Look into Metals: Performance and Outlook Steel As the major stakeholder in the metals market, the steel industry was severely hurt by the global economic downturn. Recovery, however, was swift and forceful. According to the World Steel Association, world crude steel production was a record 1,527 Mt in 2011, a 6.8% annual jump. In the first quarter of the current fiscal, world crude steel production was 377.3 Mt, and improved further to 388.4 Mt in the second quarter. Moreover, recent data shows that crude steel production for July and August was at 252.5 Mt, trending 0.4% higher than the comparable period last year. China retained its leadership position among the steel producing countries, yielding almost half of the global output at 48%, growing 2% year over year so far in the third quarter. Japan, the second largest producer, posted a 2% increase. The United States held the third position, producing 14.8 Mt of crude steel, flat annually and constituted 6% of the total global output. Asia improved 2.3% to 166.8 Mt, while production in Europe was a dampener, declining 4.5%. The automotive and construction markets have historically been the largest consumers of steel. The automotive sector has shown significant promise. Auto sales in the U.S. surged 13% to 1.19 million vehicles for the month of September 2012. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. The robust growth rate in the sector has been fueled by strong pent-up demand, cheap financing, launch of several redesigned and fuel-efficient vehicles, rebound in consumer confidence, thanks to a growing belief that the housing market is recovering. The construction sector had been a drag on the steel companies' earnings. However, recent figures suggest a turnaround in the non-residential as well as residential construction sector. According to the American Institute of Architects, the architecture billings index (ABI), an economic indicator that provides an approximate nine- to twelve-month glimpse into the future of non-residential construction spending activity, stood at 48.7, up considerably from 45.9 registered in June. Even though in the negative territory (since any score above 50 indicates an increase in billings), the index level pointed toward a moderation in the downturn. The momentum picked up in August with ABI climbing back into the positive territory with a score of 50.2 for the first time in five months. The American Institute of Architects projects a 4.4% increase in spending this year for non-residential construction projects, on the back of increase in demand for industrial facilities so far this year along with sustained demand for hotels and retail projects. The spending is expected to accelerate further to 6.2% in 2013. As per the U.S. Department of Commerce, housing starts increased 29% to a seasonally adjusted annual rate of 750,000 in August 2012 compared with August 2011. Building permits in August were at a seasonally adjusted annual rate of 803,000, 24.5% higher than the year-ago figure. It is worth mentioning that building permits in July this year had touched the highest level in four years at 811,000. In a nutshell, record-low mortgage rates, rising rents and reduced prices of properties are luring buyers. These figures provide a glimmer of hope that U.S. residential construction is finally stabilizing and is on the road to a much awaited recovery. Reflecting on the second quarter results of the steel companies in our coverage -- ArcelorMittal ( MT ), United States Steel Corp. ( X ), Nucor Corporation ( NUE ) and AK Steel Holding Corporation ( AKS ) -- we see revenues were constrained due to drop in average steel prices. This does not come as a surprise, however, as oversupply in the U.S. steel industry and increased steel imports in the domestic market affected steel prices, hurting margins and profits of steel players in the process. Looking forward to the third quarter, the steelmakers expect profits to be lower than the second quarter due to continued increase in steel imports, decline in average realized prices along with macroeconomic uncertainty and sluggish growth in emerging markets. For 2012, the World Steel Association provides a muted outlook, projecting a 3.6% increase in global steel usage, a sharp deceleration from 5.6% growth in 2011. This reflects a continuing slowdown in Chinese steel demand and Eurozone debt crisis uncertainties. Furthermore, questions about the U.S. growth outlook also loom large. After recording a 6.2% growth in 2011, China's steel usage in 2012 is estimated to grow 4% to 648.8 Mt as the economy is entering a less steel-intensive growth phase as a result of the government's efforts to rebalance the economy and restrain the real estate bubble. After a weak performance in 2011, India is expected to grow by 6.9% to 72.5 Mt. Japan's steel usage is expected to drop 0.6% to 63.7 Mt in 2012, due to the impact of exchange rate appreciation despite the reconstruction activities after the March 2011 earthquake. In 2013, world steel demand is expected to increase 4.5% to approximately 1,486 Mt. China's steel usage is expected to grow 4% to 674.8 Mt from the 2012 projections. India is expected to pick up pace and grow 9.4%, triggered by urbanization and surging infrastructure investment. In 2013, the steel use in the U.S. is envisioned at 99.5 Mt, recording 5.6% growth. Brazil is expected to grow 6.7% to reach 52.5 Mt in 2013. Japan is expected to decline further by 2.2% to 62.3 Mt, comprising 77% of the 2007 level. Europe is, however, expected to record a modest recovery of 3.3% to 155.8 Mt in 2013. Given the scenario in Europe, ArcelorMittal, the world's largest steelmaker in terms of volume and Europe's largest steelmaker, had earlier decided to idle five of its 25 blast furnaces in Europe and announced the extended idling of a number of facilities. The company will continue to align its steel growth projects to match demand situations. To reduce its exposure to Europe, the company recently sold its 24% share in European energy company, Enovos International. Steelmakers are increasing their consolidation efforts, particularly in China and India, in order to derive economies of scale and other synergies to remain competitive. A major development in this sector was the recent merger of Japan's largest and world's sixth-largest steel maker Nippon Steel Corporation with 27th-ranked Sumitomo Metal Industries to form the world's second biggest steel firm - Nippon Steel & Sumitomo Metal Corporation (NSSMY). With a combined capacity of 46.1 million tons, it is set to replace China's Hebei Group in the second position, which has a production of 44.4 million tons. The merger is targeted to generate savings in the face of increasingly intense global competition. To sum up, despite plagued by overcapacity and softening prices, the outlook for the sector is not that bad. The outlook for key end-markets in the automotive, transportation, energy, industrial and agricultural sectors remains favorable. The faltering construction sector is showing signs of a turnaround. China's recent attempt to bolster its economy by approving 60 infrastructure projects worth more than $150 billion will help lift up the steel sector. Prices could potentially stabilize on the back of a rebound in construction activity in the developing countries, in particular China, India and South Korea. Furthermore, the sector will also benefit from the Federal Reserve's move to boost the U.S economy. However, the European debt crisis and its potential global impact remain an overhang on the industry. Gold As per the World Gold Council, 2011 was a milestone year for gold as global demand for the yellow metal grew 0.4% to 4,067.1 tons at an estimated value of $205.5 billion -- the highest tonnage level with a value exceeding $200 billion since 1997. The increase was mainly propelled by the investment sector, particularly in India, China and Europe. In the second quarter of fiscal 2012, gold demand was at 990 tons, down 7% year over year. Increase in demand from central banks was offset by declines in demand for jewelry, investment and in the technology sectors, due to higher prices. Central banks continued to be the primary purchasers of gold, accounting for around 16% of total gold demand, at 157.5 tons. This was a record quarter for central bank, buying more than twice the purchases in the second quarter last year. In absolute terms, gold demand in the quarter was valued at $51.2 billion, a 1% decline from the second quarter of fiscal 2011. Average gold price in the first quarter stood at $1,609.49, 7% above the prior fiscal's quarter. Investment demand declined 23% to 302 tons, due to lower demand for ETFs and physical bars, particularly in India and China. Gold demand in the technology sector was 1,112.2 tons, a 5% decline year-over-year due to higher gold prices, weak consumer demand, uncertainty in Europe and substitution to more affordable alternatives. Jewelry demand dipped 15% to 418.3 tons due to higher price levels. Jewelry demand in India, a major consumer of gold, was down 30%, mainly due to a deprecation in the Indian rupee against the US dollar, which led to record high local prices. Furthermore, slowing GDP growth, domestic inflation, high interest rates and below average monsoon rain also contributed to the decline. Gold in India is currently at an all-time high in rupee terms. In China, another major market, demand for gold decreased 9% to 93.8 tons as consumers were discouraged by the slowing GDP growth and the lack of clear trend in gold price. However, China is expected to resume its pace as economic growth is expected to pick up as a result of the monetary easing implemented in the second quarter. Mine production inched up 3 tons to 706.4 tons, up 3% year over year. Adverse weather conditions, interruptions at few operations and slower ramp up of production at few mines affected the production numbers during the quarter. Recycling activity decreased 12% to 363.7 tons, bringing the total supply to 1,059.1 tons, down 6% year over year. Russia is becoming an important player in the globalgold market The Central Bank of Russia remains a significant purchaser of gold. A healthy domestic economy is driving the demand for gold jewelry in the region, catapulting it to the position of the world's fourth largest gold jewelry consumer. The region accounts for 8% of the total global gold output. Gold prices in 2011 ranged from a low of $1,310 per ounce to a high of $1,895 per ounce, with an average gold price of $1,572 per ounce in 2011. The record gold price of $1,895 per ounce was attained in September, 33% higher than the 2010 peak of $1,421 per ounce recorded in November 2010. So far in 2012, gold has ranged from $1,540 per ounce to $1,791.75 per ounce, with an average of $1,656.18 per ounce. Continuing concerns about Europe's financial problems and China's reduced economic growth forecast led to the climb. Furthermore, the announcement of a third round of quantitative easing led to a surge in the price of gold. Given the performance in 2011, and thus far in 2012, we expect this year to be stellar for gold. This climb in gold prices has not translated into increased revenues at all of the gold miners. In the second quarter, while revenues at Kinross Gold Corporation ( KGC ) and Agnico-Eagle Mines Ltd. ( AEM ) benefited from higher average realized price of gold, Barrick Gold Corporation ( ABX ), Goldcorp Inc. ( GG ) and Newmont Mining Corp. ( NEM ) could not capitalize from them due to increased cash costs. Moreover, Goldcorp was riddled with production issues at its Red Lake mine. As prices for gold rise further, gold giants such as Barrick Gold and Goldcorp being unhedged producers of gold will enjoy significant leverage to gold prices. The cost increases need to be controlled in order to rake in profits. On the other hand, gold producers like Newmont and Kinross are slated to suffer from lower ore grades that subdue production levels, increase mining costs and negate the benefits of rising gold prices. Ironically, rallying gold prices have not had the same effect on the share prices of the gold companies. Investors prefer alternative financial products that allow them to invest in gold, rather than investment in gold companies per se. These companies may be entangled in labor issues, escalating cost and other risks. Gold remains a coveted asset, given its long-term supply and demand dynamics and influenced by macro-economic factors. The value and wealth preservation attributes of gold continue to attract investors and consumers, and is considered a safe-haven investment. Concerns regarding economic growth in developed countries have made gold an attractive and safe investment option. The European sovereign debt crisis promoted gold as a currency hedge for European investors. Lingering economic concerns, higher inflation expectations in many countries, including India and China, and the relentless Euro-zone debt crisis will continue to drive gold prices this year, as well. India, which alone consumes nearly 45%−50% of the world's gold, should drive demand for gold along with China. China will likely emerge as the largestgold marketin the world in 2012 and Chinese gold demand is expected to double in 10 years. Aluminum The aluminum industry is highly cyclical, with prices subject to worldwide supply and demand. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively. On an adjusted basis, the company reported earnings per share of 3 cents compared with 6 cents per share earned in the second quarter. Results were down sequentially due to lower metal prices, seasonal factors and weakness in Europe. Alcoa's results in the past two quarters have suffered because of the decline in realized aluminum prices. The company has trimmed its 2012 outlook expecting global aluminum demand to go up by 6% this year from the earlier expectation of 7%, due to the slowdown in China. Alcoa believes that the long-term prospects for aluminum remain bright and envisions that global demand for aluminum will double by 2020. Alcoa's positive long-term outlook notwithstanding, prices have been under pressure, prompting companies to cut back on production. Rio Tinto plc ( RIO ) plans to sell its aluminium assets and close its smelter in order to cut costs. In line with this, Rio recently sold its U.S.-based wire and cable business Alcan Cable for $185 million. BHP Billiton Limited ( BHP ) is also mulling the sale of its aluminum and nickel operations to exit from its non-profitable projects. Alcoa is aggressively slashing costs and pursuing strategies to move down its cost curves in its upstream businesses. The company remains committed to achieving its target of moving down the cost curve 10 percentage points in smelting and 7 percentage points in refining by 2015. The company is curtailing 390,000 metric tons of its system smelting capacity to improve its competitive position. Alcoa permanently closed its smelter at Alcoa, Tennessee, and two lines at Rockdale, Texas. Alcoa has completed partial curtailments at La Coruña and Avilés, Spain. The curtailment at its Portovesme, Italy smelter is underway. This trend will continue until aluminum prices recover. Energy prices and other input costs are expected to pose challenges for the aluminum industry, though oil prices have been trending down lately. In addition to the curtailments, the company will step up activities to reduce the escalating cost of raw materials. In the medium to long term, aluminum consumption is expected to improve globally. The revival is palpable in the automotive and packaging industries, one of the key consumer markets. The automobile market is also becoming increasingly aluminum-intensive, benefiting from the recyclability and its light-weight properties. The global push to improve fuel efficiency in vehicles is expected to more than double demand for aluminum in the auto industry by 2025. Further, the surge in copper prices observed earlier this year is triggering a switch among manufacturers to aluminum. Automobiles, air conditioners and industrial components manufacturers are now shifting their focus on more economical metal. In response to the spurt in automotive demand, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant. We expect aluminum demand to increase over the next three years, outstripping supply growth. As a result, the aluminum market is likely to witness deficits for a prolonged period. This provides a backdrop supportive of high alumina and aluminum prices. China and India are undergoing rapid industrialization. The China stimulus plan and QE3 announcement will also work as positives for underlying aluminum demand. Leading aluminum producers such as Alcoa and Aluminum Corporation of China Limited , or Chalco ( ACH ) should also benefit from the improving demand outlook. Copper Copper is a major industrial metal, with its price strongly correlated with the outlook for economic growth. The metal's strong cyclical leverage accounts for its nickname "Dr. Copper." The metal's popularity in industrial usage reflects its high ductility, malleability and thermal and electrical conductivity, and its resistance to corrosion. In terms of consumption, copper holds the third place after iron and aluminum. Construction is the single largest market for copper, followed by electronics and electronic products, transportation, industrial machinery, and consumer and general products. Copper prices were at high levels from 2006 through most of 2008 as limited supplies, growing demand from China and other emerging economies led to the surge in copper prices and low level of inventories. In December 2008, copper prices dipped to a low of $1.26 per pound, due to reduced consumption, turbulence in the U.S. financial markets and concerns about the global economy. However, copper prices have since improved, thanks to strong demand from emerging markets and limited supply. In 2011, London Metal Exchange (LME) spot-copper prices ranged from $3.08 per pound to a record high of $4.60 per pound, with an average of $4.00 per pound. In the first quarter of 2012, LME spot copper prices ranged from $3.39 per pound to $3.93 per pound, averaging $3.77. However, during the second quarter of 2012, LME spot copper prices declined ranging from $3.29 per pound to $3.89 per pound, averaging $3.57 per pound. This drop reflected concerns regarding a slowdown in the Chinese economy, Europe's sovereign debt crisis, and a slowing U.S. economy. The drop in price has affected the results of copper producers like Freeport-McMoRan Copper & Gold Inc. ( FCX ) and Southern Copper Corp. ( SCCO ) and Newmont. Notwithstanding the current volatility in prices, we have a long-term bullish stance on copper. Prices will be influenced by demand from China and emerging markets, economic activity in the U.S. and other industrialized countries, the timing of new supplies of copper and production levels of mines and copper smelters. Despite the near-term challenges, the long-term outlook for the copper remains positive, supported by its widespread use, limited supplies from existing mines and the absence of significant new development projects. Companies that have a high leverage to copper prices will benefit immensely from the potential demand for the metal in the developing markets. Overall Industry Outlook Growth in emerging markets, particularly China and India, was a major driver of metals demand over the last few years. However, of late, demand in China has slowed down as the government cut its 2012 target growth rate to 7.5%, the lowest year-on-year growth projection in eight years. China's recent $150 billion infrastructure has helped improve sentiment and holds promise for the metals and mining industry. In the developed world, persistent recessionary conditions in Europe will have residual effects elsewhere. The U.S. economy, which looked very promising earlier this year, no longer offers a robust picture. The U.S. Federal Reserve also appears to be actively engaged in sustaining the economy's momentum and its recent announcement of another round of quantitative easing, will hopefully jumpstart growth once again. This synchronized global economic slowdown is the biggest headwind for the metals space overall at present. That said, the long-term picture remains a lot more promising as the emerging market economies are expected to get back in shape with the help of expected fiscal and monetary stimuli. ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.
1501.0	2012-10-11 00:00:00 UTC	Metals & Mining Stock Outlook - Oct. 2012 - Industry Outlook	AA	https://www.nasdaq.com/articles/metals-mining-stock-outlook-oct.-2012-industry-outlook-2012-10-11-0	nan	nan	The Metals & Mining industry encompasses the extraction (mining) as well as primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for a lion's share of the output. Iron and steel commands a major chunk of the global metals market -- more than half the metals industry in terms of volume, followed by aluminum. The iron and steel industry includes metal ore exploration and mining services, as well as iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products. The precious metal and minerals industry consists of companies engaged in the extraction and primary processing of gold, silver, platinum, diamond, semi-precious stones, uranium and other rare minerals and ores, along with the cultivation of pearls. The industry is highly cyclical and competitive. Historically, it has suffered from overcapacity (excess of supply over demand). Metal producers are subject to cyclical fluctuations in prices, general economic conditions and end-user markets. The weakening outlook for global economic growth has emerged as a major headwind for the global metal industry. These near-term challenges aside, the group's long-term dynamics appear attractive. A Detailed Look into Metals: Performance and Outlook Steel As the major stakeholder in the metals market, the steel industry was severely hurt by the global economic downturn. Recovery, however, was swift and forceful. According to the World Steel Association, world crude steel production was a record 1,527 Mt in 2011, a 6.8% annual jump. In the first quarter of the current fiscal, world crude steel production was 377.3 Mt, and improved further to 388.4 Mt in the second quarter. Moreover, recent data shows that crude steel production for July and August was at 252.5 Mt, trending 0.4% higher than the comparable period last year. China retained its leadership position among the steel producing countries, yielding almost half of the global output at 48%, growing 2% year over year so far in the third quarter. Japan, the second largest producer, posted a 2% increase. The United States held the third position, producing 14.8 Mt of crude steel, flat annually and constituted 6% of the total global output. Asia improved 2.3% to 166.8 Mt, while production in Europe was a dampener, declining 4.5%. The automotive and construction markets have historically been the largest consumers of steel. The automotive sector has shown significant promise. Auto sales in the U.S. surged 13% to 1.19 million vehicles for the month of September 2012. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. The robust growth rate in the sector has been fueled by strong pent-up demand, cheap financing, launch of several redesigned and fuel-efficient vehicles, rebound in consumer confidence, thanks to a growing belief that the housing market is recovering. The construction sector had been a drag on the steel companies' earnings. However, recent figures suggest a turnaround in the non-residential as well as residential construction sector. According to the American Institute of Architects, the architecture billings index (ABI), an economic indicator that provides an approximate nine- to twelve-month glimpse into the future of non-residential construction spending activity, stood at 48.7, up considerably from 45.9 registered in June. Even though in the negative territory (since any score above 50 indicates an increase in billings), the index level pointed toward a moderation in the downturn. The momentum picked up in August with ABI climbing back into the positive territory with a score of 50.2 for the first time in five months. The American Institute of Architects projects a 4.4% increase in spending this year for non-residential construction projects, on the back of increase in demand for industrial facilities so far this year along with sustained demand for hotels and retail projects. The spending is expected to accelerate further to 6.2% in 2013. As per the U.S. Department of Commerce, housing starts increased 29% to a seasonally adjusted annual rate of 750,000 in August 2012 compared with August 2011. Building permits in August were at a seasonally adjusted annual rate of 803,000, 24.5% higher than the year-ago figure. It is worth mentioning that building permits in July this year had touched the highest level in four years at 811,000. In a nutshell, record-low mortgage rates, rising rents and reduced prices of properties are luring buyers. These figures provide a glimmer of hope that U.S. residential construction is finally stabilizing and is on the road to a much awaited recovery. Reflecting on the second quarter results of the steel companies in our coverage -- ArcelorMittal ( MT ), United States Steel Corp. ( X ), Nucor Corporation ( NUE ) and AK Steel Holding Corporation ( AKS ) -- we see revenues were constrained due to drop in average steel prices. This does not come as a surprise, however, as oversupply in the U.S. steel industry and increased steel imports in the domestic market affected steel prices, hurting margins and profits of steel players in the process. Looking forward to the third quarter, the steelmakers expect profits to be lower than the second quarter due to continued increase in steel imports, decline in average realized prices along with macroeconomic uncertainty and sluggish growth in emerging markets. For 2012, the World Steel Association provides a muted outlook, projecting a 3.6% increase in global steel usage, a sharp deceleration from 5.6% growth in 2011. This reflects a continuing slowdown in Chinese steel demand and Eurozone debt crisis uncertainties. Furthermore, questions about the U.S. growth outlook also loom large. After recording a 6.2% growth in 2011, China's steel usage in 2012 is estimated to grow 4% to 648.8 Mt as the economy is entering a less steel-intensive growth phase as a result of the government's efforts to rebalance the economy and restrain the real estate bubble. After a weak performance in 2011, India is expected to grow by 6.9% to 72.5 Mt. Japan's steel usage is expected to drop 0.6% to 63.7 Mt in 2012, due to the impact of exchange rate appreciation despite the reconstruction activities after the March 2011 earthquake. In 2013, world steel demand is expected to increase 4.5% to approximately 1,486 Mt. China's steel usage is expected to grow 4% to 674.8 Mt from the 2012 projections. India is expected to pick up pace and grow 9.4%, triggered by urbanization and surging infrastructure investment. In 2013, the steel use in the U.S. is envisioned at 99.5 Mt, recording 5.6% growth. Brazil is expected to grow 6.7% to reach 52.5 Mt in 2013. Japan is expected to decline further by 2.2% to 62.3 Mt, comprising 77% of the 2007 level. Europe is, however, expected to record a modest recovery of 3.3% to 155.8 Mt in 2013. Given the scenario in Europe, ArcelorMittal, the world's largest steelmaker in terms of volume and Europe's largest steelmaker, had earlier decided to idle five of its 25 blast furnaces in Europe and announced the extended idling of a number of facilities. The company will continue to align its steel growth projects to match demand situations. To reduce its exposure to Europe, the company recently sold its 24% share in European energy company, Enovos International. Steelmakers are increasing their consolidation efforts, particularly in China and India, in order to derive economies of scale and other synergies to remain competitive. A major development in this sector was the recent merger of Japan's largest and world's sixth-largest steel maker Nippon Steel Corporation with 27th-ranked Sumitomo Metal Industries to form the world's second biggest steel firm - Nippon Steel & Sumitomo Metal Corporation (NSSMY). With a combined capacity of 46.1 million tons, it is set to replace China's Hebei Group in the second position, which has a production of 44.4 million tons. The merger is targeted to generate savings in the face of increasingly intense global competition. To sum up, despite plagued by overcapacity and softening prices, the outlook for the sector is not that bad. The outlook for key end-markets in the automotive, transportation, energy, industrial and agricultural sectors remains favorable. The faltering construction sector is showing signs of a turnaround. China's recent attempt to bolster its economy by approving 60 infrastructure projects worth more than $150 billion will help lift up the steel sector. Prices could potentially stabilize on the back of a rebound in construction activity in the developing countries, in particular China, India and South Korea. Furthermore, the sector will also benefit from the Federal Reserve's move to boost the U.S economy. However, the European debt crisis and its potential global impact remain an overhang on the industry. Gold As per the World Gold Council, 2011 was a milestone year for gold as global demand for the yellow metal grew 0.4% to 4,067.1 tons at an estimated value of $205.5 billion -- the highest tonnage level with a value exceeding $200 billion since 1997. The increase was mainly propelled by the investment sector, particularly in India, China and Europe. In the second quarter of fiscal 2012, gold demand was at 990 tons, down 7% year over year. Increase in demand from central banks was offset by declines in demand for jewelry, investment and in the technology sectors, due to higher prices. Central banks continued to be the primary purchasers of gold, accounting for around 16% of total gold demand, at 157.5 tons. This was a record quarter for central bank, buying more than twice the purchases in the second quarter last year. In absolute terms, gold demand in the quarter was valued at $51.2 billion, a 1% decline from the second quarter of fiscal 2011. Average gold price in the first quarter stood at $1,609.49, 7% above the prior fiscal's quarter. Investment demand declined 23% to 302 tons, due to lower demand for ETFs and physical bars, particularly in India and China. Gold demand in the technology sector was 1,112.2 tons, a 5% decline year-over-year due to higher gold prices, weak consumer demand, uncertainty in Europe and substitution to more affordable alternatives. Jewelry demand dipped 15% to 418.3 tons due to higher price levels. Jewelry demand in India, a major consumer of gold, was down 30%, mainly due to a deprecation in the Indian rupee against the US dollar, which led to record high local prices. Furthermore, slowing GDP growth, domestic inflation, high interest rates and below average monsoon rain also contributed to the decline. Gold in India is currently at an all-time high in rupee terms. In China, another major market, demand for gold decreased 9% to 93.8 tons as consumers were discouraged by the slowing GDP growth and the lack of clear trend in gold price. However, China is expected to resume its pace as economic growth is expected to pick up as a result of the monetary easing implemented in the second quarter. Mine production inched up 3 tons to 706.4 tons, up 3% year over year. Adverse weather conditions, interruptions at few operations and slower ramp up of production at few mines affected the production numbers during the quarter. Recycling activity decreased 12% to 363.7 tons, bringing the total supply to 1,059.1 tons, down 6% year over year. Russia is becoming an important player in the globalgold market The Central Bank of Russia remains a significant purchaser of gold. A healthy domestic economy is driving the demand for gold jewelry in the region, catapulting it to the position of the world's fourth largest gold jewelry consumer. The region accounts for 8% of the total global gold output. Gold prices in 2011 ranged from a low of $1,310 per ounce to a high of $1,895 per ounce, with an average gold price of $1,572 per ounce in 2011. The record gold price of $1,895 per ounce was attained in September, 33% higher than the 2010 peak of $1,421 per ounce recorded in November 2010. So far in 2012, gold has ranged from $1,540 per ounce to $1,791.75 per ounce, with an average of $1,656.18 per ounce. Continuing concerns about Europe's financial problems and China's reduced economic growth forecast led to the climb. Furthermore, the announcement of a third round of quantitative easing led to a surge in the price of gold. Given the performance in 2011, and thus far in 2012, we expect this year to be stellar for gold. This climb in gold prices has not translated into increased revenues at all of the gold miners. In the second quarter, while revenues at Kinross Gold Corporation ( KGC ) and Agnico-Eagle Mines Ltd. ( AEM ) benefited from higher average realized price of gold, Barrick Gold Corporation ( ABX ), Goldcorp Inc. ( GG ) and Newmont Mining Corp. ( NEM ) could not capitalize from them due to increased cash costs. Moreover, Goldcorp was riddled with production issues at its Red Lake mine. As prices for gold rise further, gold giants such as Barrick Gold and Goldcorp being unhedged producers of gold will enjoy significant leverage to gold prices. The cost increases need to be controlled in order to rake in profits. On the other hand, gold producers like Newmont and Kinross are slated to suffer from lower ore grades that subdue production levels, increase mining costs and negate the benefits of rising gold prices. Ironically, rallying gold prices have not had the same effect on the share prices of the gold companies. Investors prefer alternative financial products that allow them to invest in gold, rather than investment in gold companies per se. These companies may be entangled in labor issues, escalating cost and other risks. Gold remains a coveted asset, given its long-term supply and demand dynamics and influenced by macro-economic factors. The value and wealth preservation attributes of gold continue to attract investors and consumers, and is considered a safe-haven investment. Concerns regarding economic growth in developed countries have made gold an attractive and safe investment option. The European sovereign debt crisis promoted gold as a currency hedge for European investors. Lingering economic concerns, higher inflation expectations in many countries, including India and China, and the relentless Euro-zone debt crisis will continue to drive gold prices this year, as well. India, which alone consumes nearly 45%−50% of the world's gold, should drive demand for gold along with China. China will likely emerge as the largestgold marketin the world in 2012 and Chinese gold demand is expected to double in 10 years. Aluminum The aluminum industry is highly cyclical, with prices subject to worldwide supply and demand. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively. On an adjusted basis, the company reported earnings per share of 3 cents compared with 6 cents per share earned in the second quarter. Results were down sequentially due to lower metal prices, seasonal factors and weakness in Europe. Alcoa's results in the past two quarters have suffered because of the decline in realized aluminum prices. The company has trimmed its 2012 outlook expecting global aluminum demand to go up by 6% this year from the earlier expectation of 7%, due to the slowdown in China. Alcoa believes that the long-term prospects for aluminum remain bright and envisions that global demand for aluminum will double by 2020. Alcoa's positive long-term outlook notwithstanding, prices have been under pressure, prompting companies to cut back on production. Rio Tinto plc ( RIO ) plans to sell its aluminium assets and close its smelter in order to cut costs. In line with this, Rio recently sold its U.S.-based wire and cable business Alcan Cable for $185 million. BHP Billiton Limited ( BHP ) is also mulling the sale of its aluminum and nickel operations to exit from its non-profitable projects. Alcoa is aggressively slashing costs and pursuing strategies to move down its cost curves in its upstream businesses. The company remains committed to achieving its target of moving down the cost curve 10 percentage points in smelting and 7 percentage points in refining by 2015. The company is curtailing 390,000 metric tons of its system smelting capacity to improve its competitive position. Alcoa permanently closed its smelter at Alcoa, Tennessee, and two lines at Rockdale, Texas. Alcoa has completed partial curtailments at La Coruña and Avilés, Spain. The curtailment at its Portovesme, Italy smelter is underway. This trend will continue until aluminum prices recover. Energy prices and other input costs are expected to pose challenges for the aluminum industry, though oil prices have been trending down lately. In addition to the curtailments, the company will step up activities to reduce the escalating cost of raw materials. In the medium to long term, aluminum consumption is expected to improve globally. The revival is palpable in the automotive and packaging industries, one of the key consumer markets. The automobile market is also becoming increasingly aluminum-intensive, benefiting from the recyclability and its light-weight properties. The global push to improve fuel efficiency in vehicles is expected to more than double demand for aluminum in the auto industry by 2025. Further, the surge in copper prices observed earlier this year is triggering a switch among manufacturers to aluminum. Automobiles, air conditioners and industrial components manufacturers are now shifting their focus on more economical metal. In response to the spurt in automotive demand, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant. We expect aluminum demand to increase over the next three years, outstripping supply growth. As a result, the aluminum market is likely to witness deficits for a prolonged period. This provides a backdrop supportive of high alumina and aluminum prices. China and India are undergoing rapid industrialization. The China stimulus plan and QE3 announcement will also work as positives for underlying aluminum demand. Leading aluminum producers such as Alcoa and Aluminum Corporation of China Limited , or Chalco ( ACH ) should also benefit from the improving demand outlook. Copper Copper is a major industrial metal, with its price strongly correlated with the outlook for economic growth. The metal's strong cyclical leverage accounts for its nickname "Dr. Copper." The metal's popularity in industrial usage reflects its high ductility, malleability and thermal and electrical conductivity, and its resistance to corrosion. In terms of consumption, copper holds the third place after iron and aluminum. Construction is the single largest market for copper, followed by electronics and electronic products, transportation, industrial machinery, and consumer and general products. Copper prices were at high levels from 2006 through most of 2008 as limited supplies, growing demand from China and other emerging economies led to the surge in copper prices and low level of inventories. In December 2008, copper prices dipped to a low of $1.26 per pound, due to reduced consumption, turbulence in the U.S. financial markets and concerns about the global economy. However, copper prices have since improved, thanks to strong demand from emerging markets and limited supply. In 2011, London Metal Exchange (LME) spot-copper prices ranged from $3.08 per pound to a record high of $4.60 per pound, with an average of $4.00 per pound. In the first quarter of 2012, LME spot copper prices ranged from $3.39 per pound to $3.93 per pound, averaging $3.77. However, during the second quarter of 2012, LME spot copper prices declined ranging from $3.29 per pound to $3.89 per pound, averaging $3.57 per pound. This drop reflected concerns regarding a slowdown in the Chinese economy, Europe's sovereign debt crisis, and a slowing U.S. economy. The drop in price has affected the results of copper producers like Freeport-McMoRan Copper & Gold Inc. ( FCX ) and Southern Copper Corp. ( SCCO ) and Newmont. Notwithstanding the current volatility in prices, we have a long-term bullish stance on copper. Prices will be influenced by demand from China and emerging markets, economic activity in the U.S. and other industrialized countries, the timing of new supplies of copper and production levels of mines and copper smelters. Despite the near-term challenges, the long-term outlook for the copper remains positive, supported by its widespread use, limited supplies from existing mines and the absence of significant new development projects. Companies that have a high leverage to copper prices will benefit immensely from the potential demand for the metal in the developing markets. Overall Industry Outlook Growth in emerging markets, particularly China and India, was a major driver of metals demand over the last few years. However, of late, demand in China has slowed down as the government cut its 2012 target growth rate to 7.5%, the lowest year-on-year growth projection in eight years. China's recent $150 billion infrastructure has helped improve sentiment and holds promise for the metals and mining industry. In the developed world, persistent recessionary conditions in Europe will have residual effects elsewhere. The U.S. economy, which looked very promising earlier this year, no longer offers a robust picture. The U.S. Federal Reserve also appears to be actively engaged in sustaining the economy's momentum and its recent announcement of another round of quantitative easing, will hopefully jumpstart growth once again. This synchronized global economic slowdown is the biggest headwind for the metals space overall at present. That said, the long-term picture remains a lot more promising as the emerging market economies are expected to get back in shape with the help of expected fiscal and monetary stimuli. ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.
1502.0	2012-10-11 00:00:00 UTC	5 Warning Signs Of A Stock Market Correction	AA	https://www.nasdaq.com/articles/5-warning-signs-stock-market-correction-2012-10-11	nan	nan	After running up four months straight, the stock market has fallen into a correction. While profit-taking after such a long run should come as no surprise to ETF investors, there are reasons to be cautious about expecting a quick rally. Here are five warnings that show how the stock market is very weak and could get weaker: 1. High-volume distribution. SPDR S&P 500 ETF ( SPY ) shot up to a four-year high of 148.11 on Sept. 14 and then turned tail, closing in the lower half of its intraday range. Since then trading volume on the red days has outweighed volume on the up days. SPY has logged seven distribution days in the past few weeks. This suggests institutions are selling more than buying and buyers' strength is waning. "The International Monetary Fund caused the market sentiment to dip when it indicated that 'risks for a serious global slowdown are alarmingly high,' in their World Economic Outlook report, which was released in Tokyo on Tuesday ahead of the fund's annual fall meeting," said Mark Martiak. He is senior vice president of Premier Financial Advisors in New York with $300 million in assets under management. "It was its bleakest assessment of global growth prospects since the 2009 recession." Lee Munson, chief investment officer at Portfolio LLC in Albuquerque, N.M., recommends traveling to China for bargain shopping. "China, while ugly beyond belief, is selling at a 20% discount to emerging markets," Munson said. "This is a first. If you want value, and think a hard landing has already been priced in, then China and emerging markets should be the place from now until the end of the year." IShares FTSE China 25 Index ( FXI ),SPDR S&P China ( GXC ) andPowerShares Golden Dragon Halter USX China Portfolio ( PGJ ) offer easy access to the People's Republic. 2. Weak earnings outlook. Earnings -- the biggest drivers of stock prices -- look ugly. Throngs of companies have issued negative pre-earnings announcements owing to slowing demand overseas as the global economy weakens. The negative-to-positive preannouncement ratio for the third quarter is 4.3, the weakest since the third quarter of 2001, according to Pat O'Hare, chief market analyst at Briefing.com. Third-quarter corporate earnings are expected to drop 2.9% from the year-ago period, marking the first quarterly decline since 2009, according to Thomson Reuters. "Q2 was an exercise in accounting. Most of S&P 500 missed on revenue and hit on earnings. Accountants earned their keep in Q2," said Andrew Norman, an analyst at BullandBearMash.com in Plano, Texas. His firm specializes in analyzing the S&P 500, Dow and Nasdaq 100 indexes. "The only thing that will save revenues in Q3 will be channel stuffing. That's where the sales people call their distributors and play 'let's make a deal.'" "There is too much unsold product to stuff in an already stuffed channel," Norman added. "The auto industry has been stuffing going back to 2010. Channel stuffing is a process, not an event. The issue arises when channels overflow." A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. Owing to poor demand and low aluminum prices, the aluminum maker lost $143 million, or 13 cents a share, vs. a profit of $172 million, or 15 cents a share, in the year-ago period. Fellow Dow member,Chevron (CVX) said third-quarter earnings, due out Nov. 2, would be "substantially lower" than the prior quarter. Engine makerCummins (CMI) lowered its 2012 outlook for a second time this year. 3. As goes Apple... Apple (AAPL) has fallen below its key 50-day moving average and is trading 10% below its 52-week high. It corrected 19% from April to May this year. It fell 15% peak to trough between October and November last year. So it could sink considerably more while staging a normal correction. The tech giant accounts for nearly 20% ofPowerShares QQQ (QQQ) and 4.4% of SPY. As a major holding in those indexes, Apple could take both indexes down with it. "The tide may be turning for the stock, at least in the short term," said Vahan Janjigian, chief investment officer at Greenwich Wealth Management in Greenwich, Conn. "But the Apple story is not over. The company makes great products and it will continue to do so." Janjigian added: "However, I believe there has been too much enthusiasm for these products. Whether it is a new iPhone, a smaller iPad, or Apple TV, the stock runs up in anticipation and in reaction to these products." "It's normal for investors to take profits on the stock as analysts cut their sales outlook for iPhone 5 sales because of supply problems," said Alan Zafran, partner at Luminous Capital in Menlo Park, Calif. He also cited Normura's report of possible slower growth in 2014 but the stock trades at cheap valuations. "One can hardly call Apple shares expensive, currently trading at 12.5 times forward earnings, whereas shares ofGoogle (GOOG), for instance, trade at 15.3 times forward earnings," said Zafran. "Meanwhile, you have a product wildly in demand, iPhone 5, two other products along the way, iPad mini and iTV, and potential significant growth in China in 2013." 4. The smart money is short. The so-called "smart money," or commercial traders in S&P 500, S&P 400 and Nasdaq 100 index futures, are overwhelmingly short the market, or betting it will go down, according to the latest Commitment of Traders reports . Meanwhile, the so-called "dumb money," or noncommercial traders such as retail investors and speculators, is overwhelmingly long. More-knowledgeable commercial traders are more likely to be right than retail traders, who are generally wrong. Of course, that's not always the case. 5. History suggests caution. October may be the new September. The market didn't sell off in September, so it's due for a correction. Historically, the market dreads September, which has been the worst-performing month of the year for the Dow and S&P 500 since 1950, according to The Stock Trader's Almanac . It's been the worst month for the Nasdaq since 1971 and for the Russell 1000 and Russell 2000 since 1979. "Performance does improve modestly in election years, but it is still negative nearly across the board," the Almanac stated in a client note in August. "Only the small caps of the Russell 2000 have been able to escape negative territory and post a modest 0.4% average gain in the last eight election-year Septembers." "Measured on a long-term basis, the stock market typically rallies from it's midyear correction, bottoming out in September or October, and then rallies again into year end," said Brian Schreiner of Schreiner Capital Management of Exton, Pa. "But given all the variables investors are contending with right now, there are a whole range of outcomes with relatively high probabilities in play." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Apple (AAPL) has fallen below its key 50-day moving average and is trading 10% below its 52-week high. SPDR S&P 500 ETF ( SPY ) shot up to a four-year high of 148.11 on Sept. 14 and then turned tail, closing in the lower half of its intraday range.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Apple (AAPL) has fallen below its key 50-day moving average and is trading 10% below its 52-week high. Owing to poor demand and low aluminum prices, the aluminum maker lost $143 million, or 13 cents a share, vs. a profit of $172 million, or 15 cents a share, in the year-ago period.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Apple (AAPL) has fallen below its key 50-day moving average and is trading 10% below its 52-week high. "One can hardly call Apple shares expensive, currently trading at 12.5 times forward earnings, whereas shares ofGoogle (GOOG), for instance, trade at 15.3 times forward earnings," said Zafran.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Apple (AAPL) has fallen below its key 50-day moving average and is trading 10% below its 52-week high. After running up four months straight, the stock market has fallen into a correction.
1503.0	2012-10-11 00:00:00 UTC	Metals & Mining Stock Outlook - Oct. 2012 - Industry Outlook	AA	https://www.nasdaq.com/articles/metals-mining-stock-outlook-oct.-2012-industry-outlook-2012-10-11	nan	nan	The Metals & Mining industry encompasses the extraction (mining) as well as primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for a lion's share of the output. Iron and steel commands a major chunk of the global metals market -- more than half the metals industry in terms of volume, followed by aluminum. The iron and steel industry includes metal ore exploration and mining services, as well as iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products. The precious metal and minerals industry consists of companies engaged in the extraction and primary processing of gold, silver, platinum, diamond, semi-precious stones, uranium and other rare minerals and ores, along with the cultivation of pearls. The industry is highly cyclical and competitive. Historically, it has suffered from overcapacity (excess of supply over demand). Metal producers are subject to cyclical fluctuations in prices, general economic conditions and end-user markets. The weakening outlook for global economic growth has emerged as a major headwind for the global metal industry. These near-term challenges aside, the group's long-term dynamics appear attractive. A Detailed Look into Metals: Performance and Outlook Steel As the major stakeholder in the metals market, the steel industry was severely hurt by the global economic downturn. Recovery, however, was swift and forceful. According to the World Steel Association, world crude steel production was a record 1,527 Mt in 2011, a 6.8% annual jump. In the first quarter of the current fiscal, world crude steel production was 377.3 Mt, and improved further to 388.4 Mt in the second quarter. Moreover, recent data shows that crude steel production for July and August was at 252.5 Mt, trending 0.4% higher than the comparable period last year. China retained its leadership position among the steel producing countries, yielding almost half of the global output at 48%, growing 2% year over year so far in the third quarter. Japan, the second largest producer, posted a 2% increase. The United States held the third position, producing 14.8 Mt of crude steel, flat annually and constituted 6% of the total global output. Asia improved 2.3% to 166.8 Mt, while production in Europe was a dampener, declining 4.5%. The automotive and construction markets have historically been the largest consumers of steel. The automotive sector has shown significant promise. Auto sales in the U.S. surged 13% to 1.19 million vehicles for the month of September 2012. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. The robust growth rate in the sector has been fueled by strong pent-up demand, cheap financing, launch of several redesigned and fuel-efficient vehicles, rebound in consumer confidence, thanks to a growing belief that the housing market is recovering. The construction sector had been a drag on the steel companies' earnings. However, recent figures suggest a turnaround in the non-residential as well as residential construction sector. According to the American Institute of Architects, the architecture billings index (ABI), an economic indicator that provides an approximate nine- to twelve-month glimpse into the future of non-residential construction spending activity, stood at 48.7, up considerably from 45.9 registered in June. Even though in the negative territory (since any score above 50 indicates an increase in billings), the index level pointed toward a moderation in the downturn. The momentum picked up in August with ABI climbing back into the positive territory with a score of 50.2 for the first time in five months. The American Institute of Architects projects a 4.4% increase in spending this year for non-residential construction projects, on the back of increase in demand for industrial facilities so far this year along with sustained demand for hotels and retail projects. The spending is expected to accelerate further to 6.2% in 2013. As per the U.S. Department of Commerce, housing starts increased 29% to a seasonally adjusted annual rate of 750,000 in August 2012 compared with August 2011. Building permits in August were at a seasonally adjusted annual rate of 803,000, 24.5% higher than the year-ago figure. It is worth mentioning that building permits in July this year had touched the highest level in four years at 811,000. In a nutshell, record-low mortgage rates, rising rents and reduced prices of properties are luring buyers. These figures provide a glimmer of hope that U.S. residential construction is finally stabilizing and is on the road to a much awaited recovery. Reflecting on the second quarter results of the steel companies in our coverage -- ArcelorMittal ( MT ), United States Steel Corp. ( X ), Nucor Corporation ( NUE ) and AK Steel Holding Corporation ( AKS ) -- we see revenues were constrained due to drop in average steel prices. This does not come as a surprise, however, as oversupply in the U.S. steel industry and increased steel imports in the domestic market affected steel prices, hurting margins and profits of steel players in the process. Looking forward to the third quarter, the steelmakers expect profits to be lower than the second quarter due to continued increase in steel imports, decline in average realized prices along with macroeconomic uncertainty and sluggish growth in emerging markets. For 2012, the World Steel Association provides a muted outlook, projecting a 3.6% increase in global steel usage, a sharp deceleration from 5.6% growth in 2011. This reflects a continuing slowdown in Chinese steel demand and Eurozone debt crisis uncertainties. Furthermore, questions about the U.S. growth outlook also loom large. After recording a 6.2% growth in 2011, China's steel usage in 2012 is estimated to grow 4% to 648.8 Mt as the economy is entering a less steel-intensive growth phase as a result of the government's efforts to rebalance the economy and restrain the real estate bubble. After a weak performance in 2011, India is expected to grow by 6.9% to 72.5 Mt. Japan's steel usage is expected to drop 0.6% to 63.7 Mt in 2012, due to the impact of exchange rate appreciation despite the reconstruction activities after the March 2011 earthquake. In 2013, world steel demand is expected to increase 4.5% to approximately 1,486 Mt. China's steel usage is expected to grow 4% to 674.8 Mt from the 2012 projections. India is expected to pick up pace and grow 9.4%, triggered by urbanization and surging infrastructure investment. In 2013, the steel use in the U.S. is envisioned at 99.5 Mt, recording 5.6% growth. Brazil is expected to grow 6.7% to reach 52.5 Mt in 2013. Japan is expected to decline further by 2.2% to 62.3 Mt, comprising 77% of the 2007 level. Europe is, however, expected to record a modest recovery of 3.3% to 155.8 Mt in 2013. Given the scenario in Europe, ArcelorMittal, the world's largest steelmaker in terms of volume and Europe's largest steelmaker, had earlier decided to idle five of its 25 blast furnaces in Europe and announced the extended idling of a number of facilities. The company will continue to align its steel growth projects to match demand situations. To reduce its exposure to Europe, the company recently sold its 24% share in European energy company, Enovos International. Steelmakers are increasing their consolidation efforts, particularly in China and India, in order to derive economies of scale and other synergies to remain competitive. A major development in this sector was the recent merger of Japan's largest and world's sixth-largest steel maker Nippon Steel Corporation with 27th-ranked Sumitomo Metal Industries to form the world's second biggest steel firm - Nippon Steel & Sumitomo Metal Corporation (NSSMY). With a combined capacity of 46.1 million tons, it is set to replace China's Hebei Group in the second position, which has a production of 44.4 million tons. The merger is targeted to generate savings in the face of increasingly intense global competition. To sum up, despite plagued by overcapacity and softening prices, the outlook for the sector is not that bad. The outlook for key end-markets in the automotive, transportation, energy, industrial and agricultural sectors remains favorable. The faltering construction sector is showing signs of a turnaround. China's recent attempt to bolster its economy by approving 60 infrastructure projects worth more than $150 billion will help lift up the steel sector. Prices could potentially stabilize on the back of a rebound in construction activity in the developing countries, in particular China, India and South Korea. Furthermore, the sector will also benefit from the Federal Reserve's move to boost the U.S economy. However, the European debt crisis and its potential global impact remain an overhang on the industry. Gold As per the World Gold Council, 2011 was a milestone year for gold as global demand for the yellow metal grew 0.4% to 4,067.1 tons at an estimated value of $205.5 billion -- the highest tonnage level with a value exceeding $200 billion since 1997. The increase was mainly propelled by the investment sector, particularly in India, China and Europe. In the second quarter of fiscal 2012, gold demand was at 990 tons, down 7% year over year. Increase in demand from central banks was offset by declines in demand for jewelry, investment and in the technology sectors, due to higher prices. Central banks continued to be the primary purchasers of gold, accounting for around 16% of total gold demand, at 157.5 tons. This was a record quarter for central bank, buying more than twice the purchases in the second quarter last year. In absolute terms, gold demand in the quarter was valued at $51.2 billion, a 1% decline from the second quarter of fiscal 2011. Average gold price in the first quarter stood at $1,609.49, 7% above the prior fiscal's quarter. Investment demand declined 23% to 302 tons, due to lower demand for ETFs and physical bars, particularly in India and China. Gold demand in the technology sector was 1,112.2 tons, a 5% decline year-over-year due to higher gold prices, weak consumer demand, uncertainty in Europe and substitution to more affordable alternatives. Jewelry demand dipped 15% to 418.3 tons due to higher price levels. Jewelry demand in India, a major consumer of gold, was down 30%, mainly due to a deprecation in the Indian rupee against the US dollar, which led to record high local prices. Furthermore, slowing GDP growth, domestic inflation, high interest rates and below average monsoon rain also contributed to the decline. Gold in India is currently at an all-time high in rupee terms. In China, another major market, demand for gold decreased 9% to 93.8 tons as consumers were discouraged by the slowing GDP growth and the lack of clear trend in gold price. However, China is expected to resume its pace as economic growth is expected to pick up as a result of the monetary easing implemented in the second quarter. Mine production inched up 3 tons to 706.4 tons, up 3% year over year. Adverse weather conditions, interruptions at few operations and slower ramp up of production at few mines affected the production numbers during the quarter. Recycling activity decreased 12% to 363.7 tons, bringing the total supply to 1,059.1 tons, down 6% year over year. Russia is becoming an important player in the globalgold market The Central Bank of Russia remains a significant purchaser of gold. A healthy domestic economy is driving the demand for gold jewelry in the region, catapulting it to the position of the world's fourth largest gold jewelry consumer. The region accounts for 8% of the total global gold output. Gold prices in 2011 ranged from a low of $1,310 per ounce to a high of $1,895 per ounce, with an average gold price of $1,572 per ounce in 2011. The record gold price of $1,895 per ounce was attained in September, 33% higher than the 2010 peak of $1,421 per ounce recorded in November 2010. So far in 2012, gold has ranged from $1,540 per ounce to $1,791.75 per ounce, with an average of $1,656.18 per ounce. Continuing concerns about Europe's financial problems and China's reduced economic growth forecast led to the climb. Furthermore, the announcement of a third round of quantitative easing led to a surge in the price of gold. Given the performance in 2011, and thus far in 2012, we expect this year to be stellar for gold. This climb in gold prices has not translated into increased revenues at all of the gold miners. In the second quarter, while revenues at Kinross Gold Corporation ( KGC ) and Agnico-Eagle Mines Ltd. ( AEM ) benefited from higher average realized price of gold, Barrick Gold Corporation ( ABX ), Goldcorp Inc. ( GG ) and Newmont Mining Corp. ( NEM ) could not capitalize from them due to increased cash costs. Moreover, Goldcorp was riddled with production issues at its Red Lake mine. As prices for gold rise further, gold giants such as Barrick Gold and Goldcorp being unhedged producers of gold will enjoy significant leverage to gold prices. The cost increases need to be controlled in order to rake in profits. On the other hand, gold producers like Newmont and Kinross are slated to suffer from lower ore grades that subdue production levels, increase mining costs and negate the benefits of rising gold prices. Ironically, rallying gold prices have not had the same effect on the share prices of the gold companies. Investors prefer alternative financial products that allow them to invest in gold, rather than investment in gold companies per se. These companies may be entangled in labor issues, escalating cost and other risks. Gold remains a coveted asset, given its long-term supply and demand dynamics and influenced by macro-economic factors. The value and wealth preservation attributes of gold continue to attract investors and consumers, and is considered a safe-haven investment. Concerns regarding economic growth in developed countries have made gold an attractive and safe investment option. The European sovereign debt crisis promoted gold as a currency hedge for European investors. Lingering economic concerns, higher inflation expectations in many countries, including India and China, and the relentless Euro-zone debt crisis will continue to drive gold prices this year, as well. India, which alone consumes nearly 45%−50% of the world's gold, should drive demand for gold along with China. China will likely emerge as the largestgold marketin the world in 2012 and Chinese gold demand is expected to double in 10 years. Aluminum The aluminum industry is highly cyclical, with prices subject to worldwide supply and demand. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively. On an adjusted basis, the company reported earnings per share of 3 cents compared with 6 cents per share earned in the second quarter. Results were down sequentially due to lower metal prices, seasonal factors and weakness in Europe. Alcoa's results in the past two quarters have suffered because of the decline in realized aluminum prices. The company has trimmed its 2012 outlook expecting global aluminum demand to go up by 6% this year from the earlier expectation of 7%, due to the slowdown in China. Alcoa believes that the long-term prospects for aluminum remain bright and envisions that global demand for aluminum will double by 2020. Alcoa's positive long-term outlook notwithstanding, prices have been under pressure, prompting companies to cut back on production. Rio Tinto plc ( RIO ) plans to sell its aluminium assets and close its smelter in order to cut costs. In line with this, Rio recently sold its U.S.-based wire and cable business Alcan Cable for $185 million. BHP Billiton Limited ( BHP ) is also mulling the sale of its aluminum and nickel operations to exit from its non-profitable projects. Alcoa is aggressively slashing costs and pursuing strategies to move down its cost curves in its upstream businesses. The company remains committed to achieving its target of moving down the cost curve 10 percentage points in smelting and 7 percentage points in refining by 2015. The company is curtailing 390,000 metric tons of its system smelting capacity to improve its competitive position. Alcoa permanently closed its smelter at Alcoa, Tennessee, and two lines at Rockdale, Texas. Alcoa has completed partial curtailments at La Coruña and Avilés, Spain. The curtailment at its Portovesme, Italy smelter is underway. This trend will continue until aluminum prices recover. Energy prices and other input costs are expected to pose challenges for the aluminum industry, though oil prices have been trending down lately. In addition to the curtailments, the company will step up activities to reduce the escalating cost of raw materials. In the medium to long term, aluminum consumption is expected to improve globally. The revival is palpable in the automotive and packaging industries, one of the key consumer markets. The automobile market is also becoming increasingly aluminum-intensive, benefiting from the recyclability and its light-weight properties. The global push to improve fuel efficiency in vehicles is expected to more than double demand for aluminum in the auto industry by 2025. Further, the surge in copper prices observed earlier this year is triggering a switch among manufacturers to aluminum. Automobiles, air conditioners and industrial components manufacturers are now shifting their focus on more economical metal. In response to the spurt in automotive demand, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant. We expect aluminum demand to increase over the next three years, outstripping supply growth. As a result, the aluminum market is likely to witness deficits for a prolonged period. This provides a backdrop supportive of high alumina and aluminum prices. China and India are undergoing rapid industrialization. The China stimulus plan and QE3 announcement will also work as positives for underlying aluminum demand. Leading aluminum producers such as Alcoa and Aluminum Corporation of China Limited , or Chalco ( ACH ) should also benefit from the improving demand outlook. Copper Copper is a major industrial metal, with its price strongly correlated with the outlook for economic growth. The metal's strong cyclical leverage accounts for its nickname "Dr. Copper." The metal's popularity in industrial usage reflects its high ductility, malleability and thermal and electrical conductivity, and its resistance to corrosion. In terms of consumption, copper holds the third place after iron and aluminum. Construction is the single largest market for copper, followed by electronics and electronic products, transportation, industrial machinery, and consumer and general products. Copper prices were at high levels from 2006 through most of 2008 as limited supplies, growing demand from China and other emerging economies led to the surge in copper prices and low level of inventories. In December 2008, copper prices dipped to a low of $1.26 per pound, due to reduced consumption, turbulence in the U.S. financial markets and concerns about the global economy. However, copper prices have since improved, thanks to strong demand from emerging markets and limited supply. In 2011, London Metal Exchange (LME) spot-copper prices ranged from $3.08 per pound to a record high of $4.60 per pound, with an average of $4.00 per pound. In the first quarter of 2012, LME spot copper prices ranged from $3.39 per pound to $3.93 per pound, averaging $3.77. However, during the second quarter of 2012, LME spot copper prices declined ranging from $3.29 per pound to $3.89 per pound, averaging $3.57 per pound. This drop reflected concerns regarding a slowdown in the Chinese economy, Europe's sovereign debt crisis, and a slowing U.S. economy. The drop in price has affected the results of copper producers like Freeport-McMoRan Copper & Gold Inc. ( FCX ) and Southern Copper Corp. ( SCCO ) and Newmont. Notwithstanding the current volatility in prices, we have a long-term bullish stance on copper. Prices will be influenced by demand from China and emerging markets, economic activity in the U.S. and other industrialized countries, the timing of new supplies of copper and production levels of mines and copper smelters. Despite the near-term challenges, the long-term outlook for the copper remains positive, supported by its widespread use, limited supplies from existing mines and the absence of significant new development projects. Companies that have a high leverage to copper prices will benefit immensely from the potential demand for the metal in the developing markets. Overall Industry Outlook Growth in emerging markets, particularly China and India, was a major driver of metals demand over the last few years. However, of late, demand in China has slowed down as the government cut its 2012 target growth rate to 7.5%, the lowest year-on-year growth projection in eight years. China's recent $150 billion infrastructure has helped improve sentiment and holds promise for the metals and mining industry. In the developed world, persistent recessionary conditions in Europe will have residual effects elsewhere. The U.S. economy, which looked very promising earlier this year, no longer offers a robust picture. The U.S. Federal Reserve also appears to be actively engaged in sustaining the economy's momentum and its recent announcement of another round of quantitative easing, will hopefully jumpstart growth once again. This synchronized global economic slowdown is the biggest headwind for the metals space overall at present. That said, the long-term picture remains a lot more promising as the emerging market economies are expected to get back in shape with the help of expected fiscal and monetary stimuli. ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%.	The seasonally adjusted annual rate (SAAR) went up 13.7% to 14.9 million vehicles from September last year, the highest sales rate in the last four years. Auto sales for the first nine months of 2012 averaged 14.5 million SAAR and grew a promising 15%. Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, kicked off the third quarter earnings season with a revenue decline of 9% due to a 17% and 20% year-over-year decline in the realized metal price and realized alumina price, respectively.
1504.0	2012-10-10 00:00:00 UTC	Pre-Market Most Active for Oct 10, 2012 : AA, TRLG, SAP, BAC, QQQ, MT, FB, RDS/A, LXP, AAPL, EBAY, SIRI	AA	https://www.nasdaq.com/articles/pre-market-most-active-oct-10-2012-aa-trlg-sap-bac-qqq-mt-fb-rdsa-lxp-aapl-ebay-siri-2012	nan	nan	The NASDAQ 100 Pre-Market Indicator is up 4.49 to 2,746.41. The total Pre-Market volume is currently 5,695,758 shares traded. The following are the most active stocks for the pre-market session : Alcoa Inc. ( AA ) is -0.15 at $8.98, with 1,468,018 shares traded. AA's current last sale is 88.69% of the target price of $10.125. True Religion Apparel, Inc. ( TRLG ) is +4.76 at $25.77, with 1,178,101 shares traded. As reported in the last short interest update the days to cover for TRLG is 9.436467; this calculation is based on the average trading volume of the stock. SAP AG ( SAP ) is -0.75 at $69.13, with 778,170 shares traded. SAP's current last sale is 106.35% of the target price of $65. Bank of America Corporation ( BAC ) is +0.01 at $9.22, with 740,801 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.19. BAC is scheduled to provide an earnings report on 10/17/2012, for the fiscal quarter ending Sep2012. The consensus earnings per share forecast is 0.01 per share, which represents a 28 percent increase over the EPS one Year Ago PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.0008 at $67.26, with 424,247 shares traded. This represents a 27.22% increase from its 52 Week Low. ArcelorMittal ( MT ) is +0.16 at $14.90, with 287,275 shares traded. MT's current last sale is 77.4% of the target price of $19.25. Facebook, Inc. ( FB ) is -0.237 at $19.99, with 230,037 shares traded. FB's current last sale is 68.93% of the target price of $29. Royal Dutch Shell PLC (RDS/A) is -0.6 at $68.68, with 194,153 shares traded. As reported by Zacks, the current mean recommendation for RDS/A is in the "buy range". Lexington Realty Trust ( LXP ) is -0.36 at $9.45, with 166,820 shares traded. As reported in the last short interest update the days to cover for LXP is 12.599085; this calculation is based on the average trading volume of the stock. Apple Inc. ( AAPL ) is +1.95 at $637.80, with 136,536 shares traded. Over the last four weeks they have had 25 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $8.98. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". eBay Inc. ( EBAY ) is +0.33 at $46.55, with 122,414 shares traded.EBAY is scheduled to provide an earnings report on 10/17/2012, for the fiscal quarter ending Sep2012. The consensus earnings per share forecast is 0.46 per share, which represents a 42 percent increase over the EPS one Year Ago Sirius XM Radio Inc. ( SIRI ) is +0.01 at $2.64, with 121,560 shares traded. SIRI's current last sale is 96% of the target price of $2.75. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The following are the most active stocks for the pre-market session : Alcoa Inc. ( AA ) is -0.15 at $8.98, with 1,468,018 shares traded. AA's current last sale is 88.69% of the target price of $10.125. Apple Inc. ( AAPL ) is +1.95 at $637.80, with 136,536 shares traded.	The following are the most active stocks for the pre-market session : Alcoa Inc. ( AA ) is -0.15 at $8.98, with 1,468,018 shares traded. AA's current last sale is 88.69% of the target price of $10.125. Apple Inc. ( AAPL ) is +1.95 at $637.80, with 136,536 shares traded.	The following are the most active stocks for the pre-market session : Alcoa Inc. ( AA ) is -0.15 at $8.98, with 1,468,018 shares traded. AA's current last sale is 88.69% of the target price of $10.125. Apple Inc. ( AAPL ) is +1.95 at $637.80, with 136,536 shares traded.	The following are the most active stocks for the pre-market session : Alcoa Inc. ( AA ) is -0.15 at $8.98, with 1,468,018 shares traded. AA's current last sale is 88.69% of the target price of $10.125. Apple Inc. ( AAPL ) is +1.95 at $637.80, with 136,536 shares traded.
1505.0	2012-10-10 00:00:00 UTC	Morning Earnings Roundup: Alcoa Weak, Costco Strong	AA	https://www.nasdaq.com/articles/morning-earnings-roundup-alcoa-weak-costco-strong-2012-10-10	nan	nan	Alcoa ( AA ) didn't exactly kick off third-quarter earnings season with a bang yesterday. But the earnings picture is looking a bit sunnier this morning as two other big-name companies posted healthy profits. Costco ( COST ) and Yum! Brands ( YUM ) both exceeded expectations in their Q3 earnings reports, giving their stocks a nice boost. Here's a closer look at how these three companies fared in the third quarter: Alcoa has long been a stock-market bellwether not only because it's the first major company to report earnings after every quarter but also because, as an aluminum producer, it usually offers a good gauge on how other companies are faring. It's difficult to get a clear gauge this time, however, as Alcoa's results were mixed. The company's third-quarter earnings were rather pedestrian at three cents a share excluding items. However, that was better than the flat quarter most analysts were expecting. Including items, Alcoa's earnings were much bleaker, as the company swung to a $143 million loss - a steep drop-off from the $172 million the company made in the third quarter last year. That was enough to send Alcoa shares tumbling 3.8% in early trading today. Costco shares have climbed 4.6% after the bulk retailer increased sales by 21% last quarter. Earnings of $1.39 a share outpaced expectations of $1.31 a share. Yum! Brands reported a 23% improvement in third-quarter profits from a year ago. The company that owns KFC, Pizza Hut and Taco Bell posted earnings of 99 cents a share, excluding items - a couple pennies better than the 97 cents a share analysts were projecting. The improved sales, at least at Taco Bell, are in line with a prediction made by renowned hedge funder David Einhorn last week. It was enough to push the stock up nearly 9% to a five-month high of around $71.50 a share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa ( AA ) didn't exactly kick off third-quarter earnings season with a bang yesterday. But the earnings picture is looking a bit sunnier this morning as two other big-name companies posted healthy profits. Brands ( YUM ) both exceeded expectations in their Q3 earnings reports, giving their stocks a nice boost.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa ( AA ) didn't exactly kick off third-quarter earnings season with a bang yesterday. The company that owns KFC, Pizza Hut and Taco Bell posted earnings of 99 cents a share, excluding items - a couple pennies better than the 97 cents a share analysts were projecting.	Alcoa ( AA ) didn't exactly kick off third-quarter earnings season with a bang yesterday. Here's a closer look at how these three companies fared in the third quarter: Alcoa has long been a stock-market bellwether not only because it's the first major company to report earnings after every quarter but also because, as an aluminum producer, it usually offers a good gauge on how other companies are faring. Including items, Alcoa's earnings were much bleaker, as the company swung to a $143 million loss - a steep drop-off from the $172 million the company made in the third quarter last year.	Alcoa ( AA ) didn't exactly kick off third-quarter earnings season with a bang yesterday. Brands ( YUM ) both exceeded expectations in their Q3 earnings reports, giving their stocks a nice boost. The company's third-quarter earnings were rather pedestrian at three cents a share excluding items.
1506.0	2012-10-10 00:00:00 UTC	Ahead of Wall Street - October 10, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-october-10-2012-ahead-wall-street-2012-10-10	nan	nan	Wednesday, October 10, 2012 The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! Brands ( YUM ) coming ahead of expectations after the close on Tuesday. This morning's result from Costco ( COST ) is also along the same lines. But as important as beating consensus earnings expectations for the third quarter are, it is even more important to provide reassuring enough guidance for the fourth quarter and beyond. And on the outlook front, we saw Alcoa lower its aluminum demand outlook. And while Yum guided higher, the growth trend in its all-important Chinese operation appears to be slowing, though the company seems to be doing a good job on the home front. The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and less than half of the companies beating earnings expectations. It is admittedly very early going at this stage, but the performance at this stage is weaker than what these same 28 companies did in the previous quarter. That said, given how low expectations are at present, I would expect the final scorecard for the third quarter to be not materially different from what we saw in the second quarter. And while overall earnings growth and guidance were on the weak side in the second quarter reporting season, we still saw roughly two-thirds of the companies beat earnings expectations. But if the quality of guidance remains weak, then estimates for the fourth quarter will have to come down from current expectations of a strong ramp up in the final quarter of the year. The same is true for full year 2013 when current expectations are for earnings growth of about 12%, roughly double the pace of 2012. The key 'known unknown' at this stage is what this process of downward earnings adjustment will mean for the recent stock market rally that has pushed stocks close to all-time highs. I am of the view that the market will lose its momentum as this trend unfolds, but we will find out in the coming days as the reporting season gets into high gear. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Wednesday, October 10, 2012 The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! And while Yum guided higher, the growth trend in its all-important Chinese operation appears to be slowing, though the company seems to be doing a good job on the home front.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! Wednesday, October 10, 2012 The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! Wednesday, October 10, 2012 The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and less than half of the companies beating earnings expectations.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! Wednesday, October 10, 2012 The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and less than half of the companies beating earnings expectations.
1507.0	2012-10-10 00:00:00 UTC	Cameco Corporation Close to a Bottom	AA	https://www.nasdaq.com/articles/cameco-corporation-close-bottom-2012-10-10	nan	nan	Submitted by SK Options Trading as part of our contributors program . Cameco Corporation ( CCJ ) is one of the world's largest uranium producers. It is also the world's largest publicly traded uranium company. Cameco operates several mines across North America and one in Kazakhstan. Uranium continues to trade sideways to lower but long term prospects are starting to look very rosy. The future of nuclear energy in Japan is very uncertain. The Japanese government last month agreed to end reliance on nuclear power by 2040 only to renege on that statement days later. Only two of Japan's 54 reactors are currently operational which is a worrying statistic for a uranium bug. However with the approval of safety officers, idle plants can be reopened at a moment's notice so the future of nuclear power in the country is far from dead. To fill the gap left by the nuclear shutdown, Japan is importing increasing amounts of fossil fuels. With almost zero natural energy resources Japan must import all their energy needs. They are the world's biggest importers of coal and LNG and the second biggest importer of oil. This means their Co2 emissions are extremely high, compounded by the huge distance fossil fuels have to be shipped to reach the islands. Japans reliance of fossil fuels is unsustainable and potentially politically unpopular. The cheapest, most simple solution is a return to nuclear energy. When will this occur, nobody knows, but their nuclear future is unlikely to be secured prior to the general election in a few months' time. Memories will fade in time and although very serious, the consequences of Fukushima were limited. Managed well, Nuclear energy is safe and clean. In a similar vein as Japan, Germany has chosen to totally phase out reliance on nuclear energy by 2022. Bulls - don't panic just yet! There are some very positive emerging signs for Uranium. Despite the (temporary?) decommissions in Japan and Germany, (Germany appears to be having second thoughts) we believe the broader long term picture for Uranium and associated stocks is very bright. South Korea, India, China and Russia combined have 60 reactors under construction. So demand is there from other sources. On the supply side, it's only a matter of time before we see a serious crunch. Russia's program of conversion of weapons grade uranium into fuel is set to end in 2013. This currently supplies around 16% of uranium demand each year. That is a big gap to fill and will ultimately result in a shortage - driving prices up. Something's got to give, and uranium stocks may be close to making their bottoms. Cameco has had a tough time of it following the 2011 Fukushima disaster, shedding over 50% of its value from its high earlier that year. Notably, the last time we suggested Cameco was worth a short term buy the stock prices increased around 15% in the following month. An indicator that has worked well over the past 12 months to signal a buy is the MACD. The vertical lines on the chart above indicate a sub-zero MACD cross over (buy signal). This indicator has correctly picked the short term bottom with stunning regularity. The red vertical line is the only sub-zero cross over to send a false signal. With another crossover imminent, now looks to be a very good short term buying opportunity. There is strong support at $18 which we are not far from approaching, so we believe the downside is limited. Cameco has a market capitalization of $7.7 billion, a 52 week low of $16.59 and a high of $26.45. Average volume of shares traded is 1.9 million, and being the world's largest uranium company, liquidity is of no concern. It also pays a small dividend and has a reasonable P/E of 16.9 Cameco's revenue has remained relatively stable over the past couple years as it sells its products on long term contracts. Cameco's high quality assets, continued expansion of production, and vast resources make it a very attractive buy at these levels. For disclosure purposes we currently have no position in Cameco. Also note that Cameco will hold its third quarter conference call with the company's senior executives on Thursday, November 1, 2012 at 1:00pm Eastern. Have a good one. Bob Kirtley URL: www.skoptionstrading.com URL: www.gold-prices.biz Email: bob@gold-prices.biz Disclaimer: www.gold-prices.net or www.skoptionstrading.com makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents our views and replicates trades that we are making but nothing more than that. Always consult your registered adviser to assist you with your investments. We accept no liability for any loss arising from the use of the data contained on this letter. Options contain a high level or risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. Past performance is not a guide nor guarantee of future success. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	It also pays a small dividend and has a reasonable P/E of 16.9 Cameco's revenue has remained relatively stable over the past couple years as it sells its products on long term contracts. Cameco's high quality assets, continued expansion of production, and vast resources make it a very attractive buy at these levels. Options contain a high level or risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only.	It is also the world's largest publicly traded uranium company. Notably, the last time we suggested Cameco was worth a short term buy the stock prices increased around 15% in the following month. The vertical lines on the chart above indicate a sub-zero MACD cross over (buy signal).	decommissions in Japan and Germany, (Germany appears to be having second thoughts) we believe the broader long term picture for Uranium and associated stocks is very bright. Notably, the last time we suggested Cameco was worth a short term buy the stock prices increased around 15% in the following month. Cameco's high quality assets, continued expansion of production, and vast resources make it a very attractive buy at these levels.	It is also the world's largest publicly traded uranium company. The future of nuclear energy in Japan is very uncertain. This currently supplies around 16% of uranium demand each year.
1508.0	2012-10-10 00:00:00 UTC	Earnings Season Kicks Off OK - Analyst Blog	AA	https://www.nasdaq.com/articles/earnings-season-kicks-ok-analyst-blog-2012-10-10	nan	nan	The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! Brands ( YUM ) coming ahead of expectations after the close on Tuesday. This morning's result from Costco ( COST ) is also along the same lines. But as important as beating consensus earnings expectations for the third quarter are, it is even more important to provide reassuring enough guidance for the fourth quarter and beyond. And on the outlook front, we saw Alcoa lower its aluminum demand outlook. And while Yum guided higher, the growth trend in its all-important Chinese operation appears to be slowing, though the company seems to be doing a good job on the home front. The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and fewer than half of the companies beating earnings expectations. It is admittedly very early going at this stage, but the performance so far is weaker than what these same 28 companies did in the previous quarter. That said, given how low expectations are at present, I would expect the final scorecard for the third quarter to be not materially different from what we saw in the second quarter. And while overall earnings growth and guidance were on the weak side in the second quarter reporting season, we still saw roughly two-thirds of the companies beat earnings expectations. But if the quality of guidance remains weak, then estimates for the fourth quarter will have to come down from current expectations of a strong ramp up in the final quarter of the year. The same is true for full-year 2013 when current expectations are for earnings growth of about 12%, roughly double the pace of 2012. The key 'known unknown' at this stage is what this process of downward earnings adjustment will mean for the recent stock market rally that has pushed stocks close to all-time highs. I am of the view that the market will lose its momentum as this trend unfolds, but we will find out in the coming days as the reporting season gets into high gear. ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! And while Yum guided higher, the growth trend in its all-important Chinese operation appears to be slowing, though the company seems to be doing a good job on the home front.	ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! And while overall earnings growth and guidance were on the weak side in the second quarter reporting season, we still saw roughly two-thirds of the companies beat earnings expectations.	ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and fewer than half of the companies beating earnings expectations.	ALCOA INC (AA): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report YUM! The third quarter earnings season has gotten underway and we are off to a decent enough start, with both Alcoa ( AA ) and Yum! The overall earnings scorecard for the third quarter is that we have 28 companies from the S&P 500 already report results as of this morning (October 10), with total earnings down 4.9% from the same period last year and fewer than half of the companies beating earnings expectations.
1509.0	2012-10-10 00:00:00 UTC	5 Warning Signs For S&P 500 ETF In Stock Correction	AA	https://www.nasdaq.com/articles/5-warning-signs-sp-500-etf-stock-correction-2012-10-10	nan	nan	After running up four months straight, the S&P 500 has fallen into a correction. ETF investors should expect traders to take profits after such a long run. While there's no telling how much the market will fall, here are five signs that show the market is very weak. 1. High-volume distribution. SPDR S&P 500 ETF ( SPY ) shot up to a four-year high of 148.11 Sept. 14 and then turned tail, closing in the lower half of its intraday range. Since then trading volume on the red days has outweighed volume on the up days. The SPY has logged seven distribution days in the past few weeks. This suggests institutions are selling more than buying and buyers' strength is waning. Lee Munson, chief investment officer at Portfolio LLC in Albuquerque, N.M., recommends traveling to China for bargain shopping. "China, while ugly beyond belief, is selling at a 20% discount to emerging markets. This is a first," Munson said. "If you want value, and think a hard landing has already been priced in, then China and emerging markets should be the place from now until the end of the year." IShares FTSE China 25 Index ( FXI ),SPDR S&P China ( GXC ) andPowerShares Golden Dragon Halter USX China Portfolio ( PGJ ) offer easy access to the People's Republic. 2. Weak earnings outlook. Earnings -- the biggest drivers of stock prices -- look ugly. Throngs of companies have issued negative pre-earnings announcements owing to slowing demand overseas as the global economy weakens. The negative-to-positive preannouncement ratio for the third quarter is 4.3, the weakest since the third quarter of 2001, according to Pat O'Hare, chief market analyst at Briefing.com. Third-quarter corporate earnings are expected to drop 2.9% from the year-ago period, marking the first quarterly decline since 2009, according to Thomson Reuters. A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. Owing to poor demand and low aluminum prices, the aluminum maker lost $143 million, or 13 cents a share, vs. a profit of $172 million, or 15 cents a share, in the year-ago period. Fellow Dow member, Chevron (CVX) said third-quarter earnings would be "substantially lower" than the prior quarter. Engine makerCummins (CMI) lowered its 2012 outlook for a second time this year. 3. As goes Apple... Media hype often marks the beginning of the end for a stock as everyone and their brother has already bought it and there's no one left to buy to support the shares.Apple (AAPL) has fallen below its key 50-day moving average and is trading 9% below its 52-week high. It corrected 19% from April to May this year. It fell 15% peak to trough between October and November last year. So it could sink considerably more while staging a normal correction. The tech giant accounts for nearly 20% ofPowerShares QQQ (QQQ) and 4.4% of SPY. As a major holding in those indexes, Apple could take both indexes down with it. 4. The smart money is short. The so-called "smart money," or commercial traders in S&P 500, S&P 400 and Nasdaq 100 index futures, are overwhelmingly short the market, or betting it will go down, according to the latest Commitment of Traders reports . Meanwhile, the so-called "dumb money" or noncommercial traders, such as retail investors and speculators, are overwhelmingly long. More- knowledgeable commercial traders are more likely to be right than retail traders, who are generally wrong. Of course, that's not always the case. 5. History suggests caution. The market didn't sell off in September, so it's due for a correction. Historically, the market dreads September, which has been the worst-performing month of the year for the Dow and S&P 500 since 1950, according to The Stock Trader's Almanac . It's been the worst month for the Nasdaq since 1971 and for the Russell 1000 and Russell 2000 since 1979. "Performance does improve modestly in election years, but it is still negative nearly across the board," the Almanac stated in a client note. "Only the small caps of the Russell 2000 have been able to escape negative territory and post a modest 0.4% average gain in the last eight election-year Septembers." "Anemic summertime trading volumes also offer little incentive to trade," the Almanac added. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As goes Apple... Media hype often marks the beginning of the end for a stock as everyone and their brother has already bought it and there's no one left to buy to support the shares.Apple (AAPL) has fallen below its key 50-day moving average and is trading 9% below its 52-week high. A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. SPDR S&P 500 ETF ( SPY ) shot up to a four-year high of 148.11 Sept. 14 and then turned tail, closing in the lower half of its intraday range.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Media hype often marks the beginning of the end for a stock as everyone and their brother has already bought it and there's no one left to buy to support the shares.Apple (AAPL) has fallen below its key 50-day moving average and is trading 9% below its 52-week high. Owing to poor demand and low aluminum prices, the aluminum maker lost $143 million, or 13 cents a share, vs. a profit of $172 million, or 15 cents a share, in the year-ago period.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Media hype often marks the beginning of the end for a stock as everyone and their brother has already bought it and there's no one left to buy to support the shares.Apple (AAPL) has fallen below its key 50-day moving average and is trading 9% below its 52-week high. IShares FTSE China 25 Index ( FXI ),SPDR S&P China ( GXC ) andPowerShares Golden Dragon Halter USX China Portfolio ( PGJ ) offer easy access to the People's Republic.	A major Dow industrial component,Alcoa ( AA ), kicked off earnings season Tuesday night on a sour note. As goes Apple... Media hype often marks the beginning of the end for a stock as everyone and their brother has already bought it and there's no one left to buy to support the shares.Apple (AAPL) has fallen below its key 50-day moving average and is trading 9% below its 52-week high. ETF investors should expect traders to take profits after such a long run.
1510.0	2012-10-10 00:00:00 UTC	Alcoa Swings to $143 Million Q3 Loss on Charges; Adjusted Results Beat View (AA)	AA	https://www.nasdaq.com/articles/alcoa-swings-143-million-q3-loss-charges-adjusted-results-beat-view-aa-2012-10-10	nan	nan	Aluminum producer Alcoa Inc. ( AA ) late Tuesday said it swung to a third quarter loss, hurt by special items, although adjusted results beat Wall Street's expectations. The New York-based company reported a third quarter net loss of $143 million, or -13 cents per share, compared with a profit of $172 million, or 15 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 3 cents per share. Revenue fell 9% from last year to $5.83 billion. On average, Wall Street analysts expected break-even per-share earnings, on much lower revenue of $5.54 billion. On a sour note, AA cut its 2012 global aluminum demand growth forecast to 6%, down from 7% previously. The company said it made the move due to lower demand in China. Alcoa shares posted small losses in premarket trading Wednesday. The Bottom Line Shares of Alcoa ( AA ) have a 1.31% dividend yield, based on last night's closing stock price of $9.13. The stock has technical support in the $8.00-$8.50 price area. If the shares can firm up, we see overhead resistance around the $10.00-$10.50 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum producer Alcoa Inc. ( AA ) late Tuesday said it swung to a third quarter loss, hurt by special items, although adjusted results beat Wall Street's expectations. The Bottom Line Shares of Alcoa ( AA ) have a 1.31% dividend yield, based on last night's closing stock price of $9.13. On a sour note, AA cut its 2012 global aluminum demand growth forecast to 6%, down from 7% previously.	Aluminum producer Alcoa Inc. ( AA ) late Tuesday said it swung to a third quarter loss, hurt by special items, although adjusted results beat Wall Street's expectations. On a sour note, AA cut its 2012 global aluminum demand growth forecast to 6%, down from 7% previously. The Bottom Line Shares of Alcoa ( AA ) have a 1.31% dividend yield, based on last night's closing stock price of $9.13.	Aluminum producer Alcoa Inc. ( AA ) late Tuesday said it swung to a third quarter loss, hurt by special items, although adjusted results beat Wall Street's expectations. The Bottom Line Shares of Alcoa ( AA ) have a 1.31% dividend yield, based on last night's closing stock price of $9.13. On a sour note, AA cut its 2012 global aluminum demand growth forecast to 6%, down from 7% previously.	The Bottom Line Shares of Alcoa ( AA ) have a 1.31% dividend yield, based on last night's closing stock price of $9.13. Aluminum producer Alcoa Inc. ( AA ) late Tuesday said it swung to a third quarter loss, hurt by special items, although adjusted results beat Wall Street's expectations. On a sour note, AA cut its 2012 global aluminum demand growth forecast to 6%, down from 7% previously.
1511.0	2012-10-10 00:00:00 UTC	Stock Market News for October 10, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-october-10-2012-market-news-2012-10-10	nan	nan	Markets suffered yet another fall yesterday, following the International Monetary Fund's downgrade of global growth estimates to their lowest level since 2009. Investors also anxiously waited for the third-quarter earnings season to begin with Alcoa slated to report its results after the closing bell. The IMF's move came just a day after the World Bank had reduced growth estimates for East Asia and the Pacific region. A sell-off in the technology and service sectors further intensified yesterday's losses. The Dow Jones Industrial Average (DJI) lost 0.8% to close the day at 13,473.45. The Standard & Poor 500 (S&P 500) slipped 1.0% to finish yesterday's trading session at 1,441.48. The tech-laden Nasdaq Composite Index slipped 1.5% to end at 3,065.02. The fear-gauge CBOE Volatility Index (VIX) was up 8.3% to settle at 16.37. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 5.8 billion shares, significantly lower than this year's daily average of 6.53 billion shares. Declining stocks outpaced the advancers on the NYSE; as for 75% stocks that dropped, 22% stocks moved higher. The Street had a bearish sentiment from the very beginning of the trading day after the International Monetary Fund (IMF) reduced its forecast for global economic growth. Apprehensions regarding policies in the U.S. and Europe had compelled the organization to reduce global growth estimates. The IMF reduced global growth estimates for 2012 and 2013 to 3.3% and 3.6% from earlier projections of 3.5% and 3.9%, respectively. It also said China's growth may reduce to 7.8% this year. To add to these concerns, the IMF believes that the risk for a global economic downturn is "alarmingly high". The IMF noted that the U.S. has a 15% chance of slipping into a recession in 2013, whereas Japan and the European region's odds are 25% and 80%, respectively. This obviously unnerved investors since the announcement came just a day after the World Bank reduced growth estimates for East Asia and the Pacific region. The World Bank now forecasts a growth rate of 7.2% for China and Asia-Pacific countries, down from the 7.6% projected in May this year. Moreover, the World Bank noted that the slowdown in China would be far worse from what is being anticipated. Meanwhile, third-quarter corporate earnings was on the verge of kicking off with Alcoa Inc. (NYSE: AA ) reporting results after the closing bell. Benchmarks have enjoyed a decent rally this year. The future course of the markets depends a lot on how the earnings season will shape up. However, not many analysts are upbeat about corporate results this time around. Bellwether stocks such as FedEx Corporation (NYSE: FDX ), Caterpillar Inc. (NYSE: CAT ) and Hewlett-Packard Company (NYSE: HPQ ) have issued warning about upcoming earnings, indicating weak demand in Europe and China. Separately, small business sentiment suffered a fourth contraction in five months. According to the National Federation of Independent Business (NIFB), the business sentiment index, rather the optimism index, reduced by 0.1 point to 92.8. The chief economist of NIFB, William Dunkelberg, said: "Owners are in maintenance mode - spending only where necessary and not hiring, expanding or ordering more inventories until the future becomes more certain". Coming to the sectors, technology had a bad run yesterday with most of the stocks ending in the red. The fall in the technology sector also pulled the tech-laden Nasdaq index lower. Stocks such as Intel Corporation (NASDAQ: INTC ), NVIDIA Corporation (NASDAQ: NVDA ), Texas Instruments Incorporated (NASDAQ: TXN ), Hewlett-Packard Company (NYSE: HPQ ) and Atmel Corporation (NASDAQ: ATML ) lost 2.7%, 2.1%, 2.4%, 0.6% and 1.6% respectively. The Consumer Discretionary SPDR (XLY) was a heavy loser yesterday. Comcast Corporation (NASDAQ: CMCSA ) lost 2.5% and other stocks such as Time Warner Cable Inc (NYSE: TWC ), News Corp (NASDAQ: NWSA ), CBS Corporation (NYSE: CBS ) and The Walt Disney Company (NYSE: DIS ) lost 1.1%, 2.0%, 3.7% and 1.6% respectively. ALCOA INC (AA): Free Stock Analysis Report ATMEL CORP (ATML): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report NEWS CORP INC-A (NWSA): Free Stock Analysis Report TIME WARNER CAB (TWC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Meanwhile, third-quarter corporate earnings was on the verge of kicking off with Alcoa Inc. (NYSE: AA ) reporting results after the closing bell. ALCOA INC (AA): Free Stock Analysis Report ATMEL CORP (ATML): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report NEWS CORP INC-A (NWSA): Free Stock Analysis Report TIME WARNER CAB (TWC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. The Street had a bearish sentiment from the very beginning of the trading day after the International Monetary Fund (IMF) reduced its forecast for global economic growth.	ALCOA INC (AA): Free Stock Analysis Report ATMEL CORP (ATML): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report NEWS CORP INC-A (NWSA): Free Stock Analysis Report TIME WARNER CAB (TWC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, third-quarter corporate earnings was on the verge of kicking off with Alcoa Inc. (NYSE: AA ) reporting results after the closing bell. Stocks such as Intel Corporation (NASDAQ: INTC ), NVIDIA Corporation (NASDAQ: NVDA ), Texas Instruments Incorporated (NASDAQ: TXN ), Hewlett-Packard Company (NYSE: HPQ ) and Atmel Corporation (NASDAQ: ATML ) lost 2.7%, 2.1%, 2.4%, 0.6% and 1.6% respectively.	ALCOA INC (AA): Free Stock Analysis Report ATMEL CORP (ATML): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report NEWS CORP INC-A (NWSA): Free Stock Analysis Report TIME WARNER CAB (TWC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, third-quarter corporate earnings was on the verge of kicking off with Alcoa Inc. (NYSE: AA ) reporting results after the closing bell. Stocks such as Intel Corporation (NASDAQ: INTC ), NVIDIA Corporation (NASDAQ: NVDA ), Texas Instruments Incorporated (NASDAQ: TXN ), Hewlett-Packard Company (NYSE: HPQ ) and Atmel Corporation (NASDAQ: ATML ) lost 2.7%, 2.1%, 2.4%, 0.6% and 1.6% respectively.	Meanwhile, third-quarter corporate earnings was on the verge of kicking off with Alcoa Inc. (NYSE: AA ) reporting results after the closing bell. ALCOA INC (AA): Free Stock Analysis Report ATMEL CORP (ATML): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report NEWS CORP INC-A (NWSA): Free Stock Analysis Report TIME WARNER CAB (TWC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. The tech-laden Nasdaq Composite Index slipped 1.5% to end at 3,065.02.
1512.0	2012-10-10 00:00:00 UTC	Dow Fades 128 Points as Sellers Take Hold of Wall Street	AA	https://www.nasdaq.com/articles/dow-fades-128-points-sellers-take-hold-wall-street-2012-10-10	nan	nan	Make it three losses in a row for the Dow Jones Industrial Average (DJI) , which was off more than 145 points at its session low, and suffered a second straight triple-point pullback. "The broad market started off flat, but sellers slowly asserted their control," noted Schaeffer's Senior Equities Analyst Joe Bell. " Alcoa Inc. ( AA ) kicked off the third-quarter earnings season with a lackluster report, sending the shares down about 4%. While the company beat on earnings and revenues, it lowered its forecast for aluminum demand going forward. Consumer staples took a leadership role, as investors continued to reduce positions and yesterday's sell-off continued." Keep reading to see what else was on our radar today: Options pits were bustling with intraday action on Wall Street notables Sirius XM Radio Inc ( SIRI ) , Facebook Inc ( FB ) , and Pandora Media Inc ( P ) . Weekly Contrarian: Despite its technical troubles, optimism blankets Activision Blizzard, Inc. ( ATVI ) . Plus, as the market's fear gauge dips lower, call open interest in the VIX rockets higher . And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,344.97)Alcoa Inc.'s ( AA ) The S&P 500 Index (SPX - 1,432.56) and Nasdaq Composite (COMP - 3,051.78) prolonged their recent downtrends as well. The SPX retreated 8.9 points, or 0.6%, to end at its lowest level in a month. The COMP, meanwhile, burned off 13.2 points, or 0.4%, dipping below its 60-day trendline for the first time since July 25. The CBOE Market Volatility Index(VIX - 16.29) remained very near breakeven today, inching lower by 0.08 point, or 0.5%. Once again, the VIX ran into resistance at its 80-day moving average. Today's highlight : "The Federal Reserve released its Beige Book, a survey that showed nearly all regions of the United States are reporting stronger housing markets," said Bell. "The earnings season is also underway, with a few important bank reports due out later this week." Turning to today's major market stories... A collar strategy was set up on Facebook Inc ( FB ) , while a short strangle was implemented on Citigroup Inc. (C) . Option bears used long puts to bet against Sirius XM Radio Inc ( SIRI ) . Option Volume Briefs: Front-month put buyers tuned in to Pandora Media Inc ( P ) , while LEAPS activity ramped up on the iShares Silver Trust (ETF) (NYSEARCA:SLV) . Out-of-the-money calls were purchased on Chevron Corporation (CVX) . Qlik Technologies Inc (QLIK) long calls were a popular choice in the options arena. Analysts at Credit Suisse weighed in on Tyco International Ltd. (TYC) and IMAX Corporation (USA) (IMAX) . The most recent Investors Intelligence (II) sentiment survey showed a dip in the bulls-minus-bears line. Weekly Contrarian : Optimists Turn a Blind Eye to Activision's Technical Troubles. For today's activity in commodities, options, and more, head to page 2. Oil futures headed south today, just one session after the commodity soared more than 3%. Speculators appear concerned with upcoming reports that could indicate big stockpiles and lagging demand. Due to the Columbus Day holiday, the Energy Information Administration (EIA) will delay its domestic inventories data until Thursday. By the close, November crude fell $1.14, or 1.2%, to $91.25 a barrel. Following three consecutive down days, gold futures nudged higher today, as the dollar drifted modestly lower amid global economic anxieties. Gold for December delivery rose 10 cents to $1,765.10 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,344.97) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,432.56) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,051.78) - support at 2,400; resistance at 3,400 At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) kicked off the third-quarter earnings season with a lackluster report, sending the shares down about 4%. And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,344.97)Alcoa Inc.'s ( AA ) The S&P 500 Index (SPX - 1,432.56) and Nasdaq Composite (COMP - 3,051.78) prolonged their recent downtrends as well. Keep reading to see what else was on our radar today: Options pits were bustling with intraday action on Wall Street notables Sirius XM Radio Inc ( SIRI ) , Facebook Inc ( FB ) , and Pandora Media Inc ( P ) .	And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,344.97)Alcoa Inc.'s ( AA ) The S&P 500 Index (SPX - 1,432.56) and Nasdaq Composite (COMP - 3,051.78) prolonged their recent downtrends as well. Alcoa Inc. ( AA ) kicked off the third-quarter earnings season with a lackluster report, sending the shares down about 4%. Keep reading to see what else was on our radar today: Options pits were bustling with intraday action on Wall Street notables Sirius XM Radio Inc ( SIRI ) , Facebook Inc ( FB ) , and Pandora Media Inc ( P ) .	Alcoa Inc. ( AA ) kicked off the third-quarter earnings season with a lackluster report, sending the shares down about 4%. And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,344.97)Alcoa Inc.'s ( AA ) The S&P 500 Index (SPX - 1,432.56) and Nasdaq Composite (COMP - 3,051.78) prolonged their recent downtrends as well. The CBOE Market Volatility Index(VIX - 16.29) remained very near breakeven today, inching lower by 0.08 point, or 0.5%.	Alcoa Inc. ( AA ) kicked off the third-quarter earnings season with a lackluster report, sending the shares down about 4%. And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,344.97)Alcoa Inc.'s ( AA ) The S&P 500 Index (SPX - 1,432.56) and Nasdaq Composite (COMP - 3,051.78) prolonged their recent downtrends as well. Keep reading to see what else was on our radar today: Options pits were bustling with intraday action on Wall Street notables Sirius XM Radio Inc ( SIRI ) , Facebook Inc ( FB ) , and Pandora Media Inc ( P ) .
1513.0	2012-10-09 00:00:00 UTC	Stock Market News for October 9, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-october-9-2012-market-news-2012-10-09	nan	nan	Benchmarks closed in the red on Monday after the World Bank reduced growth estimates for East Asia and the Pacific region. Meanwhile, investors remained apprehensive ahead of the third-quarter earnings season, which will kick off today with Alcoa reporting its results after the closing bell. Eventually, the cautious tone and the Columbus Day holiday led to the lightest trading session for the year. Separately, Euro-zone finance ministers met in Luxembourg and said that no bailout was required for Spain. The Dow Jones Industrial Average (DJI) lost 0.2% to close the day at 13,583.65. The Standard & Poor 500 (S&P 500) slipped 0.4% to finish yesterday's trading session at 1,455.88. The tech-laden Nasdaq Composite Index was down 0.8% and ended at 3,112.35. The fear-gauge CBOE Volatility Index (VIX) added 5.4% to settle at 15.11. Consolidated volumes on the New York Stock Exchange, American Stock Exhange and Nasdaq were roughly 4.1 billion shares, significantly lower than the year-to-date average of 6.54 billion shares. The declining stocks outpaced the advancers on the NYSE; as for 58% stocks that dropped, 38% stocks moved higher. The U.S. government and bond markets remained closed for the Columbus Day holiday, resulting in low volumes. Markets opened following news that the World Bank has slashed growth forecasts for East Asia and the Pacific region. The World Bank now forecasts a growth rate of 7.2% for China and Asia-Pacific countries, down from the 7.6% projected in May this year. Moreover, the World Bank was bearish about China, the world's second largest economy, and noted that the slowdown would be far worse than what is being anticipated. The European debt crisis has hindered China's growth story. Meanwhile, all eyes are fixed on third-quarter corporate earnings, which will start with Alcoa Inc (NYSE: AA ) reporting its results after the market closes today. Markets have enjoyed a decent run in the recent past, mostly spurred by the announcement of the third round of quantitative easing. Benchmarks have rallied to reach multi-year highs. However, corporate earnings will play a crucial role this time, as they would possibly decide whether benchmarks are able to sustain the winning momentum. However, not many analysts are upbeat about the earnings season this time around. In fact, uncertainty about the upcoming earnings season intensified after bellwethers such as FedEx Corporation (NYSE: FDX ), Caterpillar Inc. (NYSE: CAT ) and Hewlett-Packard Company (NYSE: HPQ ) slashed their earnings estimates. FedEx is now expecting 2013 earning per share within the range of $6.20-$6.60, down from $6.90-$7.40. Meanwhile, Caterpillar has revised its 2015 earning estimates to $12 to $18 per share, down from the earlier range of $15 to $20 a share. Hewlett-Packard is anticipating adjusted earnings in the range of $3.40 to $3.60 per share for fiscal 2013. The weak global economic situation has hampered the growth of these companies. On the international front, European finance ministers met in Luxembourg to discuss Spain's bailout. After the meeting, Euro-zone finance ministers said Spain's steps to overhaul its economy have eliminated the need for any bailout at least at this point of time. Coming to the sectors, technology had a bad run yesterday. Tech bellwether Apple (NASDAQ: AAPL ) lost 2.21%. Other stocks such as Hewlett-Packard Company (NYSE: HPQ ), Microsoft Corporation (NASDAQ: MSFT ), Google Inc (NASDAQ: GOOG ) and SanDisk Corporation (NASDAQ: SNDK ) lost 1.8%, 0.2%, 1.3% and 0.8% respectively. While most of the sectors closed in the red at the end of yesterday's trading session, the energy sector secured a finish in the green. Energy stocks such as Exxon Mobil Corporation (NYSE: XOM ), Chevron Corporation (NYSE: CVX ), BP plc (NYSE: BP ), Statoil ASA (NYSE: STO ) and Petroleo Brasileiro Petrobras SA (NYSE: PBR ) gained 0.1%, 0.1%, 0.3%, 0.4% and 0.6%, respectively. ALCOA INC (AA): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PETROBRAS-ADR C (PBR): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report STATOIL ASA-ADR (STO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Meanwhile, all eyes are fixed on third-quarter corporate earnings, which will start with Alcoa Inc (NYSE: AA ) reporting its results after the market closes today. Tech bellwether Apple (NASDAQ: AAPL ) lost 2.21%. ALCOA INC (AA): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PETROBRAS-ADR C (PBR): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report STATOIL ASA-ADR (STO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here.	ALCOA INC (AA): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PETROBRAS-ADR C (PBR): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report STATOIL ASA-ADR (STO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, all eyes are fixed on third-quarter corporate earnings, which will start with Alcoa Inc (NYSE: AA ) reporting its results after the market closes today. Tech bellwether Apple (NASDAQ: AAPL ) lost 2.21%.	ALCOA INC (AA): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PETROBRAS-ADR C (PBR): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report STATOIL ASA-ADR (STO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, all eyes are fixed on third-quarter corporate earnings, which will start with Alcoa Inc (NYSE: AA ) reporting its results after the market closes today. Tech bellwether Apple (NASDAQ: AAPL ) lost 2.21%.	Meanwhile, all eyes are fixed on third-quarter corporate earnings, which will start with Alcoa Inc (NYSE: AA ) reporting its results after the market closes today. Tech bellwether Apple (NASDAQ: AAPL ) lost 2.21%. ALCOA INC (AA): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report PETROBRAS-ADR C (PBR): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report STATOIL ASA-ADR (STO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here.
1514.0	2012-10-09 00:00:00 UTC	Here Come Earnings, but Forecasts Are Key - Analyst Blog	AA	https://www.nasdaq.com/articles/here-come-earnings-forecasts-are-key-analyst-blog-2012-10-09	nan	nan	The downgrade of global economic growth by the International Monetary Fund (IMF) this morning provides a fitting backdrop for today's start of third quarter earnings season. This raises the prospect that most companies will cite the weak economic environment to provide a subdued outlook for the fourth quarter and beyond. And we should keep in mind that unlike for the third quarter, when consensus expectations are for earnings to decline, current expectations are for earnings to stage a robust recovery in the fourth quarter and beyond. The key question at this stage is whether the expected downward revisions to forward earnings estimates will have any bearing on the market's recent momentum, which has pushed stocks to new highs for the year and within striking distance of the all-time highs reached in the fall of 2007. Both companies reporting results today -- aluminum producer Alcoa ( AA ) and fast-food restaurant operator Yum! Brands ( YUM ) -- are exposed to the slowdown in the global economy. Aluminum's demand comes from the automotive, homebuilding and food processing end markets, among others. It will be interesting to see how Alcoa management characterizes the aluminum demand outlook in the face of a weakening global economy and favorable domestic trends in the homebuilding and auto sectors. Yum! Brands owes a lot of its 'growthy' reputation to its Chinese operations, which is in the spotlight due to that country's well-known growth problems. The point is that irrespective of how Alcoa and Yum! do relative to third quarter expectations, what will drive these two stocks tomorrow will be how they guide on the core questions relevant to their businesses for the coming periods. And what is true for these two companies will be true across the board this earnings season. Expectations for third quarter earnings have come down enough that most companies will likely beat them, as roughly two-thirds of the companies do every quarter anyway. But expectations for the fourth quarter and beyond remain quite high, with earnings in the fourth quarter expected to reverse the third quarter's decline (the first in 11 quarters) and bring in a roughly 8% growth. For full year 2013, total earnings are expected to increase in the low double digits from the 2012 level. But it's unlikely that companies will be able to achieve earnings growth as the global economy is slowing down, like this morning's IMF forecast shows. My sense is that we will see a majority of the companies come out with subdued earnings outlooks for the fourth quarter. And this will cause earnings estimates for the fourth quarter and beyond to come down. And this brings us to the key question of what this expected earnings revisions trend will mean for the market. Will the market continue to ignore this deterioration in the earnings picture by hiding behind the Fed, as it has been doing thus far, or start taking note? I am of the view that it wouldn't be able to ignore the weakening earnings trend, but we will find out soon enough. ALCOA INC (AA): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Both companies reporting results today -- aluminum producer Alcoa ( AA ) and fast-food restaurant operator Yum! ALCOA INC (AA): Free Stock Analysis Report YUM! The downgrade of global economic growth by the International Monetary Fund (IMF) this morning provides a fitting backdrop for today's start of third quarter earnings season.	Both companies reporting results today -- aluminum producer Alcoa ( AA ) and fast-food restaurant operator Yum! ALCOA INC (AA): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here.	Both companies reporting results today -- aluminum producer Alcoa ( AA ) and fast-food restaurant operator Yum! ALCOA INC (AA): Free Stock Analysis Report YUM! And we should keep in mind that unlike for the third quarter, when consensus expectations are for earnings to decline, current expectations are for earnings to stage a robust recovery in the fourth quarter and beyond.	Both companies reporting results today -- aluminum producer Alcoa ( AA ) and fast-food restaurant operator Yum! ALCOA INC (AA): Free Stock Analysis Report YUM! Expectations for third quarter earnings have come down enough that most companies will likely beat them, as roughly two-thirds of the companies do every quarter anyway.
1515.0	2012-10-09 00:00:00 UTC	Dow Sheds 110 Amid Earnings Anxiety and Tech-Sector Woes	AA	https://www.nasdaq.com/articles/dow-sheds-110-amid-earnings-anxiety-and-tech-sector-woes-2012-10-09	nan	nan	Though mired in the red for the majority of the session, the Dow Jones Industrial Average (DJI) didn't retreat to its intra-day worst of 13,473.31 until the last moments of trading. "It was another relatively quiet day for the market, although technology stocks continued to lag," remarked Schaeffer's Senior Equities Analyst Joe Bell. " Intel Corporation's ( INTC ) was hit with a downgrade, which sent the shares surging lower. The trend of cutting guidance for this group continues and we are seeing a lot of underperformance. Energy and coal stocks really stepped up, though, and performed well." Keep reading to see what else was on our radar today: 4 big-name stocks at all-time peaks that could enjoy contrarian tailwinds. Option bears continue to rail against the outperforming homebuilding sector . Plus, Joe Bell examined two "A" stocks on the move: Alcoa Inc. ( AA ) and Apple Inc. ( AAPL ) . And now, a look at the numbers... Dow Jones Industrial Average (DJI - 13,473.53)Intel Corporation's ( INTC )MCD The S&P 500 Index (SPX - 1,441.48) ripped back 14.4 points, or nearly 1%, closing below its 20-day moving average for the first time in a nearly a week. The broad-market barometer also notched a close below its 10-week trendline for the first time since June 22. The Nasdaq Composite (COMP - 3,065.02) turned in the worst performance of its fellow benchmarks, sawing off 47.3 points, or 1.5%, finding its lowest daily settlement since August 30. The tech-rich COMP also notched a close below its 10-week trendline for the first time since June 22. The CBOE Market Volatility Index (VIX - 16.37) gained 1.3 points, or 8.3%, to find a foothold at its loftiest price since September 26, though the 80-day moving average hovers above. Today's highlight : "Today, everyone's eyes were on third-quarter earnings, as they get started with Alcoa Inc. ( AA )," noted Bell. "Earnings are expected to decline for the first time since the third quarter in 2009, which makes it all the more heavily anticipated." AAPLClick here for more Turning to today's major market stories... Put players waxed pessimistic on the SPDR S&P Homebuilders (ETF) (NYSEARCA:XHB) . Option bulls strengthen their positions on Starbucks Corporation ( SBUX ) , while beleaguered RadioShack Corporation (RSH) saw an unusual uptick in call buying. Pharmaceutical concern Eli Lilly & Co. (LLY) jumped to an brokerage-induced new high . Research In Motion Limited (RIMM) extended its run atop a formerly supportive trendline, enticing weekly call buyers. Near-term put writing popped up on Nokia Corporation (ADR) (NYSE) . January-dated puts were popular with Questcor Pharmaceuticals, Inc. (QCOR) bears . Downbeat analysts weighed in on Dow heavyweight Hewlett-Packard Company (HPQ) , while casino operator Las Vegas Sands Corp. (LVS) was met with a price-target hike. Be sure to check out these four high-flying stocks with contrarian potential . For today's activity in commodities, options, and more, head to page 2. After two down days, oil futures got a boost today from bargain-hunting speculators. Plus, the commodity was supported by supply concerns, as tensions are on the rise in the Middle East. By the close, November-dated crude jumped $3.06, or 3.4%, to settle at $92.39 a barrel. While the dollar strengthened in today's session, gold futures notched their third consecutive loss on the heels of the International Monetary Fund's (IMF) warning about the rate of growth for the global economy. Gold for December delivery ripped off $10.70, or 0.6%, to end at $1,765 an ounce. This marked the malleable metal's lowest price since August 26. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,473.53) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,441.48) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,065.02) - support at 2,400; resistance at 3,400 At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Plus, Joe Bell examined two "A" stocks on the move: Alcoa Inc. ( AA ) and Apple Inc. ( AAPL ) . Today's highlight : "Today, everyone's eyes were on third-quarter earnings, as they get started with Alcoa Inc. ( AA )," noted Bell. AAPLClick here for more Turning to today's major market stories...	Plus, Joe Bell examined two "A" stocks on the move: Alcoa Inc. ( AA ) and Apple Inc. ( AAPL ) . Today's highlight : "Today, everyone's eyes were on third-quarter earnings, as they get started with Alcoa Inc. ( AA )," noted Bell. AAPLClick here for more Turning to today's major market stories...	Today's highlight : "Today, everyone's eyes were on third-quarter earnings, as they get started with Alcoa Inc. ( AA )," noted Bell. Plus, Joe Bell examined two "A" stocks on the move: Alcoa Inc. ( AA ) and Apple Inc. ( AAPL ) . AAPLClick here for more Turning to today's major market stories...	Plus, Joe Bell examined two "A" stocks on the move: Alcoa Inc. ( AA ) and Apple Inc. ( AAPL ) . Today's highlight : "Today, everyone's eyes were on third-quarter earnings, as they get started with Alcoa Inc. ( AA )," noted Bell. AAPLClick here for more Turning to today's major market stories...
1516.0	2012-10-09 00:00:00 UTC	After Hours Most Active for Oct 9, 2012 : QQQ, PRU, MO, AA, DTV, BAC, CTL, QCOM, SAN, INTC, MSFT, ORCL	AA	https://www.nasdaq.com/articles/after-hours-most-active-oct-9-2012-qqq-pru-mo-aa-dtv-bac-ctl-qcom-san-intc-msft-orcl-2012	nan	nan	The NASDAQ 100 After Hours Indicator is up 1.91 to 2,743.83. The total After hours volume is currently 21,582,180 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.0108 at $67.27, with 6,138,464 shares traded. This represents a 27.24% increase from its 52 Week Low. Prudential Financial, Inc. ( PRU ) is unchanged at $56.62, with 5,450,661 shares traded. As reported by Zacks, the current mean recommendation for PRU is in the "buy range". Altria Group ( MO ) is -0.0108 at $33.51, with 3,064,883 shares traded. MO's current last sale is 91.81% of the target price of $36.5. Alcoa Inc. ( AA ) is +0.07 at $9.20, with 2,234,969 shares traded. RTT News Reports: Stocks Fall Sharply After IMF Lowers Global Growth Forecast - U.S. Commentary DIRECTV ( DTV ) is unchanged at $51.02, with 2,087,017 shares traded. As reported by Zacks, the current mean recommendation for DTV is in the "buy range". Bank of America Corporation ( BAC ) is +0.02 at $9.23, with 1,718,200 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.19. BAC's current last sale is 97.16% of the target price of $9.5. CenturyLink, Inc. ( CTL ) is unchanged at $39.49, with 1,415,424 shares traded. As reported by Zacks, the current mean recommendation for CTL is in the "buy range". QUALCOMM Incorporated ( QCOM ) is +0.01 at $60.40, with 1,150,452 shares traded. As reported by Zacks, the current mean recommendation for QCOM is in the "buy range". Banco Santander, S.A. ( SAN ) is unchanged at $7.44, with 665,200 shares traded. SAN's current last sale is 50.84% of the target price of $14.635. Intel Corporation ( INTC ) is unchanged at $21.90, with 639,397 shares traded.INTC is scheduled to provide an earnings report on 10/16/2012, for the fiscal quarter ending Sep2012. The consensus earnings per share forecast is 0.5 per share, which represents a 65 percent increase over the EPS one Year Ago Microsoft Corporation ( MSFT ) is unchanged at $29.28, with 524,323 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2013. The consensus EPS forecast is $0.76. As reported by Zacks, the current mean recommendation for MSFT is in the "buy range". Oracle Corporation ( ORCL ) is -0.02 at $30.63, with 404,392 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Nov 2012. The consensus EPS forecast is $0.58. As reported by Zacks, the current mean recommendation for ORCL is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.07 at $9.20, with 2,234,969 shares traded. RTT News Reports: Stocks Fall Sharply After IMF Lowers Global Growth Forecast - U.S. Commentary DIRECTV ( DTV ) is unchanged at $51.02, with 2,087,017 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa Inc. ( AA ) is +0.07 at $9.20, with 2,234,969 shares traded. The consensus earnings per share forecast is 0.5 per share, which represents a 65 percent increase over the EPS one Year Ago Microsoft Corporation ( MSFT ) is unchanged at $29.28, with 524,323 shares traded.	Alcoa Inc. ( AA ) is +0.07 at $9.20, with 2,234,969 shares traded. RTT News Reports: Stocks Fall Sharply After IMF Lowers Global Growth Forecast - U.S. Commentary DIRECTV ( DTV ) is unchanged at $51.02, with 2,087,017 shares traded. Intel Corporation ( INTC ) is unchanged at $21.90, with 639,397 shares traded.INTC is scheduled to provide an earnings report on 10/16/2012, for the fiscal quarter ending Sep2012.	Alcoa Inc. ( AA ) is +0.07 at $9.20, with 2,234,969 shares traded. The NASDAQ 100 After Hours Indicator is up 1.91 to 2,743.83. As reported by Zacks, the current mean recommendation for QCOM is in the "buy range".
1517.0	2012-10-09 00:00:00 UTC	Ahead of Wall Street - October 9, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-october-9-2012-ahead-wall-street-2012-10-09	nan	nan	Tuesday, October 9, 2012 The downgrade of global economic growth by the International Monetary Fund (IMF) this morning provides a fitting backdrop for the start today of the third quarter earnings season. This raises the prospect that most companies will cite the weak economic environment to provide a subdued outlook for the fourth quarter and beyond. And we should keep in mind that unlike for the third quarter when consensus expectations are for earnings to decline, current expectations are for earnings to stage a robust recovery in the fourth quarter and beyond. The key question at this stage is whether the expected downward revisions to forward earnings estimates will have any bearing on the market's recent momentum, which has pushed stocks to new highs for the year and within striking distance of the all-time highs reached in the fall of 2007. Both companies reporting results today - Aluminum producer Alcoa(AA ) and fast-food restaurant operator Yum! Brands ( YUM ) - are exposed to the slowdown in the global economy. Aluminum's demand comes from the automotive, homebuilding, and food processing end markets, among others. It will be interesting to see how Alcoa management characterizes the aluminum demand outlook in the face of a weakening global economy and favorable domestic trends in the homebuilding and auto sectors. Yum! Brands owes a lot of its 'growthy' reputation to its Chinese operations, which is in the spotlight given that country's well known growth problems. The point is that irrespective of how Alcoa and Yum! do relative to third quarter expectations, what will drive these two stocks tomorrow will be how the two guide on the core questions relevant to their businesses for the coming periods. And what is true for these two companies will be true across the board this earnings season. Expectations for third quarter earnings have come down enough that most companies will likely beat them, as roughly two-thirds of the companies do every quarter any way. But expectations for the fourth quarter and beyond remain quite high, with earnings in the fourth quarter expected to reverse the third quarter's decline (the first in 11 quarters) and bring in a roughly 8% growth. For full year 2013, total earnings are expected to increase in the low double digits from the 2012 level. But it's unlikely that companies will be able to achieve earnings growth even as the global economy is slowing down, as this morning's IMF forecast shows. My sense is that we will see a majority of the companies come out with subdued earnings outlooks for the fourth quarter. And this will cause earnings estimates for the fourth quarter and beyond to come down. And this brings us to the key question of what this expected earnings revisions trend will mean for the market. Will the market continue to ignore this deterioration in the earnings picture by hiding behind the Fed, as it has been doing thus far, or start taking note? I am of the view that it wouldn't be able to ignore the weakening earnings trend; but we will find out soon enough. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Both companies reporting results today - Aluminum producer Alcoa(AA ) and fast-food restaurant operator Yum! Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report YUM! Tuesday, October 9, 2012 The downgrade of global economic growth by the International Monetary Fund (IMF) this morning provides a fitting backdrop for the start today of the third quarter earnings season.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report YUM! Both companies reporting results today - Aluminum producer Alcoa(AA ) and fast-food restaurant operator Yum! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here.	Both companies reporting results today - Aluminum producer Alcoa(AA ) and fast-food restaurant operator Yum! Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report YUM! And we should keep in mind that unlike for the third quarter when consensus expectations are for earnings to decline, current expectations are for earnings to stage a robust recovery in the fourth quarter and beyond.	Both companies reporting results today - Aluminum producer Alcoa(AA ) and fast-food restaurant operator Yum! Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report YUM! Expectations for third quarter earnings have come down enough that most companies will likely beat them, as roughly two-thirds of the companies do every quarter any way.
1518.0	2012-10-09 00:00:00 UTC	Stock Market Trends: Wall Street is Getting Shaky	AA	https://www.nasdaq.com/articles/stock-market-trends-wall-street-getting-shaky-2012-10-09	nan	nan	Wall Street is starting to feel a little uneasy in the knees. With the NASDAQ clearly below September’s pivot-low early in Tuesday trading, a short-term sell signal for the index will be triggered. It’s classic. The index corrected in September and u-turned higher at 3,093; however, the subsequent rally fell short, far short of clearing the hurdle of its previous high. Fresh lows following lower peaks are a portrait of the other side of the mountain. ETF Stocks isn’t making a full-blown sell call; rather, the NASDAQ’s breakdown is just the opening shot. For us to issue a "get out" signal, the Dow and S&P will have to join the NASDAQ and fall below their September valleys. Both are close, but have plenty of work to do. The Dow must violate 13,413.51 and the S&P 1,433.32 to make it three-for-three a.k.a. confirmation. Unfortunately, ETF Stocks market indicators are pointing to more weakness. Momentum is running south, and market leadership is failing. When the combo goes sour simultaneously, it usually isn’t good for stocks in the interim. So what should you do? First off, pay close attention to the S&P and Dow to see if they join the NASDAQ in destroying support at the levels we’ve mentioned up top. If the firewalls hold, then buying the dip is the play. If not, initiating defensive strategies could be portfolio lifesavers. Writing covered-calls against the stocks in your portfolio is one way to mitigate losses if a correction is here. Moving some portion of your portfolio to cash is another. That way you’ll have some liquidity to buy cheaper, quality stocks when the knife sticks in the cutting-board. Buying an inverse exchange-traded-fund such as ProShares Short Dow30 (DOG) or ProShares Short S&P500 (SH) could prove to be a money-making move if the indexes do trigger a change in trend. The buy or die answer should come shortly as 3rd quarter earnings get underway with Alcoa (AA) on Tuesday, October 09, 2012. So far, FedEx (FDX), Intel (INTC), and Caterpillar (CAT) warned that conditions are bad and getting worse for profits. If the fortunetellers prove correct regarding the 3rd quarter parade of earnings’ report cards, then it is a matter of when the Dow and S&P join the NASDAQ underwater. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The buy or die answer should come shortly as 3rd quarter earnings get underway with Alcoa (AA) on Tuesday, October 09, 2012. With the NASDAQ clearly below September’s pivot-low early in Tuesday trading, a short-term sell signal for the index will be triggered. First off, pay close attention to the S&P and Dow to see if they join the NASDAQ in destroying support at the levels we’ve mentioned up top.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The buy or die answer should come shortly as 3rd quarter earnings get underway with Alcoa (AA) on Tuesday, October 09, 2012. ETF Stocks isn’t making a full-blown sell call; rather, the NASDAQ’s breakdown is just the opening shot.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The buy or die answer should come shortly as 3rd quarter earnings get underway with Alcoa (AA) on Tuesday, October 09, 2012. Buying an inverse exchange-traded-fund such as ProShares Short Dow30 (DOG) or ProShares Short S&P500 (SH) could prove to be a money-making move if the indexes do trigger a change in trend.	The buy or die answer should come shortly as 3rd quarter earnings get underway with Alcoa (AA) on Tuesday, October 09, 2012. ETF Stocks isn’t making a full-blown sell call; rather, the NASDAQ’s breakdown is just the opening shot. For us to issue a "get out" signal, the Dow and S&P will have to join the NASDAQ and fall below their September valleys.
1519.0	2012-10-09 00:00:00 UTC	Baidu, RIM Drag Nasdaq 100 Below Key 50-Day Avg	AA	https://www.nasdaq.com/articles/baidu-rim-drag-nasdaq-100-below-key-50-day-avg-2012-10-09	nan	nan	The tech heavyPowerShares QQQ ( QQQ ), tracking the 100 largest nonfinancial stocks on the Nasdaq, broke below its key 50-day moving average for the first time in 10 weeks Tuesday. The technical level is widely watched by traders and often serves as a level of price support. Failure to hold that level begets market weakness. In afternoon trade, QQQ fell 1.46% to 67.35 in heavy volume. SPDR S&P 500 ( SPY ) fell 0.71% to 144.60, but held above the 50-day line. "This is a healthy correction. There's little reason to believe it's going to go lower," said Randy Frederick, managing director of active trading and derivatives at Charles Schwab. "The big bottom of the market has been taken out by (European Central Bank President Mario) Draghi and (Federal Reserve Chairman Ben) Bernanke." With no major economic news events happening this week, the market will likely level off in a day or two and start to go back up, he added. He sees the S&P 500 finding support at 1440 or 1430 -- near the low on Sept. 26. That level translates to $143 a share for SPY. "It is noteworthy that stocks have not been able to follow through on the Fed-induced rally in the first of September," said Ted Barnhart of Barnhart Investment Advisory in Oak Brook, Ill. "In addition, last week's debate has likely increased the probability of a Romney victory, which many will conclude as plus for the economy as a whole, but is likely to stall some of the recent easy money policies." ETF investors can expect more volatility as third-quarter earnings season gets under way withAlcoa ( AA ) reporting after the close Tuesday. The aluminum producer is likely to report a thin profit as its transport and aerospace products businesses help compensate for a weak global metal price environment, Reuters reported. "We continue to advise caution in this environment as the market moves in a mostly sideways consolidation, as very few, if any, stocks have issued buy signals in recent days, while some leaders have come under pressure," Virtue of Selfish Investing wrote in a client missive. Biggest Losers Chinese Internet-search giantBaidu ( BIDU ), BlackBerry smartphone makerResearch In Motion ( RIMM )and surgical robotics makerIntuitive Surgical (ISRG) led the declines. Baidu shares gapped down 6.8%. It has been trending lower since April and trading under the 200-day moving average for most of that time. It reports Q3 results Oct. 17. RIM gapped down 4.5%. It's experienced a brutal landslide since February 2011. But it started trading in a sideways range since June and may be forming a bottom. Jefferies analyst Peter Misek warned that the company's make-or-break line of new BlackBerry 10 smartphones is unlikely to hit store shelves until March, weeks later than investors had hoped, Reuters reported . Intuitive fell as much as 3.9% intraday before paring back losses to 2.7%. It's consolidating below its 200-day moving average and has been in a downtrend since early May. It's set to report third-quarter results Oct. 16. Follow Trang Ho on Twitter @TrangHoETFs . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	ETF investors can expect more volatility as third-quarter earnings season gets under way withAlcoa ( AA ) reporting after the close Tuesday. "The big bottom of the market has been taken out by (European Central Bank President Mario) Draghi and (Federal Reserve Chairman Ben) Bernanke." "We continue to advise caution in this environment as the market moves in a mostly sideways consolidation, as very few, if any, stocks have issued buy signals in recent days, while some leaders have come under pressure," Virtue of Selfish Investing wrote in a client missive.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ETF investors can expect more volatility as third-quarter earnings season gets under way withAlcoa ( AA ) reporting after the close Tuesday. The aluminum producer is likely to report a thin profit as its transport and aerospace products businesses help compensate for a weak global metal price environment, Reuters reported.	ETF investors can expect more volatility as third-quarter earnings season gets under way withAlcoa ( AA ) reporting after the close Tuesday. The tech heavyPowerShares QQQ ( QQQ ), tracking the 100 largest nonfinancial stocks on the Nasdaq, broke below its key 50-day moving average for the first time in 10 weeks Tuesday. The aluminum producer is likely to report a thin profit as its transport and aerospace products businesses help compensate for a weak global metal price environment, Reuters reported.	ETF investors can expect more volatility as third-quarter earnings season gets under way withAlcoa ( AA ) reporting after the close Tuesday. That level translates to $143 a share for SPY. It has been trending lower since April and trading under the 200-day moving average for most of that time.
1520.0	2012-10-08 00:00:00 UTC	Weekly Earnings Calendar: Alcoa (AA) Kicks Off Q3	AA	https://www.nasdaq.com/articles/weekly-earnings-calendar-alcoa-aa-kicks-q3-2012-10-08	nan	nan	The third quarter of 2012 is in the books. Now we get a chance to look at those books. As per tradition, Alcoa ( AA ) unofficially kicks off Q3 earnings season tomorrow after the market closes. The rest of the week is relatively light, though there are a few big names set to report earnings between now and Friday. Much is up in the air right now. We don't know who our next president will be. A " fiscal cliff " may be looming. The fate of several debt-ridden euro zone nations hangs in the balance. So earnings are one of the few concrete measuring sticks we have for the next month. With uncertainty plaguing the market, that makes this earnings season more important than usual. Q3 earnings may play a large role in determining which direction the market goes between now and November 6. Every report over the next month counts. With that in mind, here are this week's notable earnings reports - including the first of the big banks: Tuesday Alcoa Yum! Brands ( YUM ) Wednesday Costco (Nasdaq: COST) Ruby Tuesday ( RT ) Thursday Groupon (Nasdaq: GRPN) Safeway ( SWY ) Annie's ( BNNY ) Friday Wells Fargo (WFC) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As per tradition, Alcoa ( AA ) unofficially kicks off Q3 earnings season tomorrow after the market closes. The rest of the week is relatively light, though there are a few big names set to report earnings between now and Friday. With that in mind, here are this week's notable earnings reports - including the first of the big banks: Tuesday Alcoa Yum!	As per tradition, Alcoa ( AA ) unofficially kicks off Q3 earnings season tomorrow after the market closes. With that in mind, here are this week's notable earnings reports - including the first of the big banks: Tuesday Alcoa Yum! Brands ( YUM ) Wednesday Costco (Nasdaq: COST) Ruby Tuesday ( RT ) Thursday Groupon (Nasdaq: GRPN) Safeway ( SWY ) Annie's ( BNNY ) Friday Wells Fargo (WFC) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	As per tradition, Alcoa ( AA ) unofficially kicks off Q3 earnings season tomorrow after the market closes. The rest of the week is relatively light, though there are a few big names set to report earnings between now and Friday. With that in mind, here are this week's notable earnings reports - including the first of the big banks: Tuesday Alcoa Yum!	As per tradition, Alcoa ( AA ) unofficially kicks off Q3 earnings season tomorrow after the market closes. Every report over the next month counts. With that in mind, here are this week's notable earnings reports - including the first of the big banks: Tuesday Alcoa Yum!
1521.0	2012-10-08 00:00:00 UTC	Stock Market News for October 8, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-october-8-2012-market-news-2012-10-08	nan	nan	Markets failed to sustain Friday's initial gains, spurred by a fall in the unemployment rate, and ended mixed. The unemployment rate was at its lowest since 2009 and that helped benchmarks secure gains in the morning session. However, the benchmarks came off their highs with some apprehensions ahead of the start of earnings season. For the week though, benchmarks had a winning run and ended with gains after closing in the red for two weeks. Moreover, the Dow notched up its highest level since December 2007. The Dow Jones Industrial Average (DJI) ended 0.3% higher at 13,610.15. The Standard & Poor 500 (S&P 500) slipped a mere 0.03% or 0.47 points to close Friday's trading session at 1,460.93. The tech-laden Nasdaq Composite Index was down 0.4% and closed at 3,136.19. The fear-gauge CBOE Volatility Index (VIX) slipped 1.5% to settle at 14.33. Total volumes on the New York Stock Exchange were 3.18 billion shares. The advance and decline ratio on the NYSE was even; as for 49% stocks that gained, an equal percentage of stocks ended in the red. The big news for the day was the government's non-farm payroll numbers. The non-farm payroll gains were in line with expectations, but the encouraging side to the report came from the positive revisions to the preceding two months data and unemployment rate dropped to its lowest since 2009. The U.S. Bureau of Labor Statistics reported that total non-farm payroll employment was up by 114,000, in line with consensus estimates. Apart from healthcare, transportation and warehousing, the other sectors showed little change. As for the positive side, the change in total nonfarm payroll employment was revised higher both for July and August. While July's figures were revised up from 141,000 to 181,000; August's figures went up to 142,000 from 96,000. However, the biggest positive for the market was the fact that unemployment rate dropped by 0.3% to 7.8% last month. Not only was this well below consensus estimates of 8.2%, but the unemployment rate dropped below 8% for the first time in almost four years. In September, the number of unemployed persons fell by 456,000. Further, the report noted: "The number of job losers and persons who completed temporary jobs decreased by 468,000 to 6.5 million…The number of persons unemployed for less than 5 weeks declined by 302,000 over the month to 2.5 million". The report did have a lot for the financial markets, but also had implications for the political arena. While President Barack Obama said: "This country has come too far to turn back now,"; Republican candidate Mitt Romney said: "This is not what a real recovery looks like". The non-farm payroll data comes hot on the heels of the Automatic Data Processing's (NASDAQ: ADP ) National Employment Report and initial claims data. On Wednesday, ADP data revealed that U.S. companies added 162,000 jobs in September, higher than the expected 143,000. On Thursday, the U.S. Department of Labor reported that seasonally adjusted initial claims for the week ending September 29 rose 4,000 from the prior week to 367,000, just shy of the consensus estimates of 368, 000. As mentioned earlier, benchmarks failed to sustain the gains. The Dow was up almost 86 points before dropping lower. The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday. Certain market experts said that the earnings season might not be encouraging enough for the markets. Through the week, financial bellwethers including Wells Fargo & Company (NYSE: WFC ) and JPMorgan Chase & Co. (NYSE: JPM ) will be reporting their results. Coming to the sectors, the technology sector had a bad run. The Technology Select Sector SPDR (XLK) fell 0.5%. Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday. Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here.	Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday.	Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday.	The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday. Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here.
1522.0	2012-10-08 00:00:00 UTC	Ahead of Wall Street - October 8, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-october-8-2012-ahead-wall-street-2012-10-08	nan	nan	Monday, October 8, 2012 The World Bank's downgrade of East Asian, particularly Chinese, growth outlook will likely have a bigger play today given the absence of any significant economic release on the home front. But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. The earnings report from Yum! Brands ( YUM ) around the same time as Alcoa's release will likely shed more light on the East Asian growth question given the fast-food chain's substantial Chinese exposure. Stocks have pushed to new multi-year highs in recent days on the back of monetary stimulus from the Fed and other central banks. But can those gains be sustained should the corporate earnings picture turn out to be weaker than what the market is expecting at present? The question is not so much about the earnings results for the third quarter, but the outlook for the fourth quarter and beyond. Unlike the third quarter when earnings are expected to decline for the first time in more than 10 quarters, current outlook for the fourth quarter is of a strong earnings rebound. Consensus expectations for full-year 2013 also remain quite high, with earnings growth in the low double digits. Given what we have heard recently from companies like FedEx ( FDX ), Nike ( NKE ), and others, those growth expectations appear to be on the high side and vulnerable to downward adjustments. The market has been taking negative revisions to earnings estimates in the stride with the help of easy monetary policy. But can the trend continue once negative revisions accelerate in the coming days? Hard to tell a this stage, but we will know soon enough as the reporting season gets into high gear in the coming days. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report YUM! Monday, October 8, 2012 The World Bank's downgrade of East Asian, particularly Chinese, growth outlook will likely have a bigger play today given the absence of any significant economic release on the home front.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report YUM! But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report YUM! But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. Unlike the third quarter when earnings are expected to decline for the first time in more than 10 quarters, current outlook for the fourth quarter is of a strong earnings rebound.	But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report YUM! The earnings report from Yum!
1523.0	2012-10-08 00:00:00 UTC	Earnings Season Concerns - Analyst Blog	AA	https://www.nasdaq.com/articles/earnings-season-concerns-analyst-blog-2012-10-08	nan	nan	The World Bank's downgrade of East Asian -- particularly Chinese -- growth outlook will likely have a bigger play today given the absence of any significant economic release on the home front. But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. The earnings report from Yum! Brands ( YUM ) around the same time as Alcoa's release will likely shed more light on the East Asian growth question given the fast-food chain's substantial Chinese exposure. Stocks have pushed to new multi-year highs in recent days on the back of monetary stimulus from the Fed and other central banks. But can those gains be sustained should the corporate earnings picture turn out to be weaker than what the market is expecting at present? The question is not so much about the earnings results for the third quarter, but the outlook for the fourth quarter and beyond. Unlike the third quarter when earnings are expected to decline for the first time in more than 10 quarters, current outlook for the fourth quarter is of a strong earnings rebound. Consensus expectations for full-year 2013 also remain quite high, with earnings growth in the low double digits. Given what we have heard recently from companies like FedEx ( FDX ), Nike ( NKE ) and others, those growth expectations appear to be on the high side and vulnerable to downward adjustments. The market has been taking negative revisions to earnings estimates in the stride with the help of easy monetary policy. But can the trend continue once negative revisions accelerate in the coming days? Hard to tell a this stage, but we will know soon enough as the reporting season gets into high gear in the coming days. ALCOA INC (AA): Free Stock Analysis Report (FED): ETF Research Reports NIKE INC-B (NKE): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. ALCOA INC (AA): Free Stock Analysis Report (FED): ETF Research Reports NIKE INC-B (NKE): Free Stock Analysis Report YUM! The World Bank's downgrade of East Asian -- particularly Chinese -- growth outlook will likely have a bigger play today given the absence of any significant economic release on the home front.	ALCOA INC (AA): Free Stock Analysis Report (FED): ETF Research Reports NIKE INC-B (NKE): Free Stock Analysis Report YUM! But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here.	But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. ALCOA INC (AA): Free Stock Analysis Report (FED): ETF Research Reports NIKE INC-B (NKE): Free Stock Analysis Report YUM! Unlike the third quarter when earnings are expected to decline for the first time in more than 10 quarters, current outlook for the fourth quarter is of a strong earnings rebound.	But it's hardly surprising given what corporate management teams have been talking about and will likely become a chorus in the third quarter earnings season that gets underway with Alcoa's ( AA ) report after the close on Tuesday. ALCOA INC (AA): Free Stock Analysis Report (FED): ETF Research Reports NIKE INC-B (NKE): Free Stock Analysis Report YUM! The earnings report from Yum!
1524.0	2012-10-08 00:00:00 UTC	Earnings Preview: Alcoa Inc. - Analyst Blog	AA	https://www.nasdaq.com/articles/earnings-preview%3A-alcoa-inc.-analyst-blog-2012-10-08	nan	nan	Alcoa Inc. ( AA ) is scheduled to report its third-quarter 2012 results after the market closes on Tuesday, October 9. Analysts polled by Zacks are currently expecting the company to break even on a per share basis on revenues of $5.62 billion. With respect to earnings surprises, the company has posted two negative surprises in the preceding four quarters while it beat and met the Zacks Consensus Estimate on the other two occasions. Alcoa has delivered an average negative earnings surprise of 28.79% over the trailing four quarters, implying that it has missed the Zacks Consensus Estimate by that measure. Second Quarter Flashback Alcoa reported loss in the second quarter of 2012, hurt by lower aluminum prices. The company posted a loss of $2 million (break even on a per share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, but were ahead of the Zacks Consensus Estimate of $5,828 million. While weak aluminum prices dragged down revenues, the company saw increased demand across aerospace and automotive markets in the quarter. Alcoa stated that aluminum prices dropped 18% year over year and 4% sequentially in the second quarter. Company's Outlook For 2012, Alcoa reiterated its aluminum growth forecast of 7% globally. The company also continues to expect a deficit in global aluminum supply in 2012. Estimate Revisions Trend Agreement In the past 30 days, 7 analysts (out of 15) have made downward revisions while 1 analyst has raised his/her estimate for the third quarter. Over the last 7 days, there has been one upward revision coupled with a sole reverse movement. Magnitude Given the relative lack of movements, estimate for the third quarter has been static (at break even per share) over the past week. However, the directional pressure from a number of downward revisions has resulted in a decline of 3 cents in the estimate for the quarter over the past month. Our View We believe that Alcoa's outlook depends on the uncertainties in the aluminum market. In addition, we remain concerned about the volatile aluminum pricing and rising raw material costs. We expect rising energy and raw material (especially caustic soda) costs to continue constrain margin. The company is pursuing strategies to move down its cost curves in its upstream businesses, and record profitability in its midstream and downstream businesses. In conjunction with the revenue targets, management is committed to improving margins that will exceed historical levels in the midstream and downstream operations. The company aims to achieve these goals by optimizing its portfolio and restructuring its high-cost assets. Alcoa is aggressively slashing costs. The company curtailed 390,000 metric tons of its system smelting capacity to improve its competitive position. Alcoa, in January 2012, announced the temporarily idling of a portion of the smelters in Aviles and La Coruna, both of which will be operating at roughly 50% of capacity. However, we are optimistic about Alcoa's long-term growth projects in China, Russia, Brazil and Saudi Arabia. Demand from these countries is expected to increase its alumina and aluminum production while lowering its operating costs. The company has established itself already as a key domestic supplier in some of the markets like packaging, aerospace, and commercial and transportation in Russia. Alcoa faces stiff competition from Aluminum Corporation of China Limited ( ACH ) and Rio Tinto plc. ( RIO ). The company retains a Zacks #3 Rank, indicating a short-term (1 to 3 months) "Hold" rating. Currently, we have a long-term (more than 6 months) "Neutral" recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is scheduled to report its third-quarter 2012 results after the market closes on Tuesday, October 9. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa has delivered an average negative earnings surprise of 28.79% over the trailing four quarters, implying that it has missed the Zacks Consensus Estimate by that measure.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc. ( AA ) is scheduled to report its third-quarter 2012 results after the market closes on Tuesday, October 9. While weak aluminum prices dragged down revenues, the company saw increased demand across aerospace and automotive markets in the quarter.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc. ( AA ) is scheduled to report its third-quarter 2012 results after the market closes on Tuesday, October 9. Second Quarter Flashback Alcoa reported loss in the second quarter of 2012, hurt by lower aluminum prices.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc. ( AA ) is scheduled to report its third-quarter 2012 results after the market closes on Tuesday, October 9. While weak aluminum prices dragged down revenues, the company saw increased demand across aerospace and automotive markets in the quarter.
1525.0	2012-10-05 00:00:00 UTC	Inside the Dow Jones Industrial Average ETF (DIA) - ETF News And Commentary	AA	https://www.nasdaq.com/articles/inside-dow-jones-industrial-average-etf-dia-etf-news-and-commentary-2012-10-05	nan	nan	For over a hundred years, the Dow Jones Industrial Average (DJIA) has been serving as the primary benchmark of American stock performance. Although the benchmark certainly has its limitations its longevity is unmatched and its reign over investor perceptions about stocks is legendary. Still, while the market has certainly shifted a great deal from the time in which the Dow was first created, the benchmark has been relatively flexible and able to alter its focus away from the industrial-focused economy of the past and more on the service/knowledge economy we see today (read Are QE3 and Mortgage REIT ETFs a Winning Combo? ). Beyond the DJIA, investors also have the S&P 500, which some argue is actually the better benchmark for stock market performance. This benchmark consists of a much biggest basket of stocks and utilizes a different weighting system in order to track American stock performance. Either way, investors have a great deal of options including taking an ETF approach for the benchmarks. The SPDR S&P 500 ETF (SPY) and the SPDR Dow Jones Industrial Average ETF (DIA) are two such products by State Street Global Advisors which track the S&P 500 and the DJIA, respectively. However, before discussing the pros and cons of each of these ETFs it is important to understand the differences between the two. The following section discusses some of the key differences: Weighting Methodology and Index Construction The DJIA is a price weighted index composed of 30 large cap stocks in the U.S. equity market, contrary to its counterpart S&P 500 which is a market capitalization weighted index and consists of 500 stocks. Earlier, the value of DJIA used to be computed on a simple average basis by adding the price of each component and dividing it by the number of components. However, presently the index construction employs a Dow Divisor to incorporate management based changes such as stock splits and dividend payouts (see 12 Ways to Earn High Yields with ETFs ). Relative Movement within the Index This implies that companies with higher market price would receive a more superior weighting than a company with a lower price. Therefore the index is more biased towards stocks with a higher share prices like IBM, instead of low price ones like Alcoa (AA). For example, the index value will be more sensitive to a 10% change in a $100, than a 10% change in a $50 stock, regardless of how big the companies actually are. On the contrary, the S&P 500 averages out the percentage change of each component on its portfolio as it employs a market capitalization weighted technique. Therefore, a 10% change in a $100 stock and a 10% change in a $50 stock will be dependent on their number of shares outstanding (Note: Market capitalization equals price per share multiplied by the number of shares outstanding) (read Five Best Performing ETFs (So Far) in 2012 ). Small Sampling Bias The components of DJIA include only those stocks which are considered to be leaders in their respective industries since the index is composed of a small sample of 30 stocks. On the flip side, the S&P 500 gives a more holistic picture of the economic trends in the U.S. since it consists of a sample size which is 16.67 times that of the DJIA. Given this fact, one could argue that the S&P 500 is a better indicator of sector as well as broad based trends in the U.S. equity market. The Apple Effect Yes, it's true. Everybody's favorite - Apple Inc, is not included in the portfolio of the Dow. One reason could be the fact that in earlier days the DJIA was only composed of stocks that were traded on the New York Stock Exchange when Apple Inc was traded on the NASDAQ. However, it is widely believed that with a current market price of well north of $650/share Apple Inc would severely distort the index value even with minor price changes. International Business Machine Corp (IBM) is the company with highest price weight in the DJIA. As of September 27 th 2012, IBM was trading at $205.91 (see Three ETFs with the Most Apple Exposure ). Nevertheless, despite these differences, it is noteworthy that on an average, over the past 3 years, the one month rolling correlation between the two indexes is 98%. The same has hit a maximum of 99.7% and never gone down below 78%. Therefore, statistically there doesn't seem to be much of a difference between the two and their overall performance over long time periods. Coming back to the ETFs, the table below compares the two across various parameters that should be considered by investors before taking an investment decision. Note: i) 1 Year and YTD returns as of 26 th September 2012. ii) Standard deviation is three year annualized and as of 26 th September 2012. As the table suggests, there isn't much to be compared in terms of total returns between the two ETFs. Both these broad based ETFs have generated phenomenal returns over the past 12 months. Both DIA and SPY have returned around 25% amidst major positive developments from both sides of the Atlantic which have restored investor confidence in the riskier asset classes such as equities (read Three Forgotten Ways to Play Europe with ETFs ). However, on a year-to-date basis SPY with returns of 16% has outperformed DIA which has returned 12%. SPY has an asset base of $118.03 billion compared to $11.47 billion for DIA. Also, SPY has a phenomenally high average daily volume of 145.03 million shares whereas DIA has an average daily volume of 5.56 million shares. So while both are extremely liquid and widely held, most investors would probably be better off in SPY as opposed to DIA. While it is true that DIA pays out a more robust yield, SPY has seen better returns so far this year and it charges less in expenses, making it a potentially low cost-and undoubtedly more diversified-choice in the U.S. large cap market. Both DIA and SPY have a Zacks ETF Rank of 3 or 'Hold' with a 'Medium' risk outlook . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Therefore the index is more biased towards stocks with a higher share prices like IBM, instead of low price ones like Alcoa (AA). However, presently the index construction employs a Dow Divisor to incorporate management based changes such as stock splits and dividend payouts (see 12 Ways to Earn High Yields with ETFs ). Both DIA and SPY have returned around 25% amidst major positive developments from both sides of the Atlantic which have restored investor confidence in the riskier asset classes such as equities (read Three Forgotten Ways to Play Europe with ETFs ).	Therefore the index is more biased towards stocks with a higher share prices like IBM, instead of low price ones like Alcoa (AA). The following section discusses some of the key differences: Weighting Methodology and Index Construction The DJIA is a price weighted index composed of 30 large cap stocks in the U.S. equity market, contrary to its counterpart S&P 500 which is a market capitalization weighted index and consists of 500 stocks. Therefore, a 10% change in a $100 stock and a 10% change in a $50 stock will be dependent on their number of shares outstanding (Note: Market capitalization equals price per share multiplied by the number of shares outstanding) (read Five Best Performing ETFs (So Far) in 2012 ).	Therefore the index is more biased towards stocks with a higher share prices like IBM, instead of low price ones like Alcoa (AA). The following section discusses some of the key differences: Weighting Methodology and Index Construction The DJIA is a price weighted index composed of 30 large cap stocks in the U.S. equity market, contrary to its counterpart S&P 500 which is a market capitalization weighted index and consists of 500 stocks. Therefore, a 10% change in a $100 stock and a 10% change in a $50 stock will be dependent on their number of shares outstanding (Note: Market capitalization equals price per share multiplied by the number of shares outstanding) (read Five Best Performing ETFs (So Far) in 2012 ).	Therefore the index is more biased towards stocks with a higher share prices like IBM, instead of low price ones like Alcoa (AA). Beyond the DJIA, investors also have the S&P 500, which some argue is actually the better benchmark for stock market performance. The following section discusses some of the key differences: Weighting Methodology and Index Construction The DJIA is a price weighted index composed of 30 large cap stocks in the U.S. equity market, contrary to its counterpart S&P 500 which is a market capitalization weighted index and consists of 500 stocks.
1526.0	2012-10-05 00:00:00 UTC	Market Wrap-Up for Oct.5 (AAPL, HD, ADP, MA, PAYX, more)	AA	https://www.nasdaq.com/articles/market-wrap-oct5-aapl-hd-adp-ma-payx-more-2012-10-05	nan	nan	The market liked the better-than-expected jobs number early on this morning (the unemployment rate fell to 7.8% compared with the 8.2% analysts expected estimates), as stocks jumped up quickly. The euphoria did fade some as the indices closed mixed on the day. Overall, it was gains across the board for the markets as the first week of the 4th quarter came to a close. I am hearing lots of chatter questioning the legitimacy of the jobs numbers report, but whether or not you believe the numbers, you still have to do your investment analysis and decide where things are headed - and how to commit your capital accordingly. Looking at today's big stock movers, payroll processors like Automatic Data Processing ( ADP ) and Paychex ( PAYX ) ended up on positive analyst commentary. Elsewhere, it's clear that investors are continuing to chase performance, flocking to where the momentum is. Home Depot ( HD ) and MasterCard ( MA ) are just two examples of recent winners that continue to gain. Both stocks lack much protection from a dividend yield standpoint, HD at 1.88%, while MA offers a paltry 0.25% yield. If profit-taking were to take over at some point, the momentum traders would likely head to the exists on these names in droves. Investors should proceed with extreme caution if they are anxious to play the momentum game. Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. The stock's recent weakness does have some market watchers a bit nervous about how some of the other tech bellwether could fare in the near term. Play to Win - All the Way Through As Major League Baseball gets set to start its annual playoffs later today, plenty of teams are sitting home watching, despite opening up their checkbooks to buy some of the best players possible (the Angels and Dodgers come to mind). Looking at the Los Angeles Angels' case specifically, the team went out this past winter and gave $315 million worth of contracts to two players (Albert Pujols and C.J. Wilson), but then proceeded to make a defensive move when it came to another contract situation. There are certain rules about games played for rookies, and how that affects the date they can become arbitration-eligible (which coincides with the player's ability to make his first big payday). The Angels decided they were going to hold back their stud prospect Mike Trout for the first 20 games of the season and try and take advantage of the arbitration eligibility rules. In effect, this move bought them an extra year of control over Mike Trout, delaying his eventual big payday. Unfortunately for the Angels, the team went 6-14 in those first 20 games, only to see their fortunes turn around the moment Mike Trout was called up. Trout ended up with amazing stats, and is an absolute lock for the Rookie of the Year award (he even has an outside chance to win MVP, the most coveted individual award for a position player in baseball). The Angels, however, finished two games out of the wild card race, and were just a few more wins away from finishing in first place in their division. Had the Angels not tried to get cute with regards to Mike Trout and how his contract rights would look years from now, it is quite possible they would've made the playoffs this season. Instead, they'll watch on television as other teams that spent way less money than them compete for the World Series trophy. It's funny how a story like this is similar to how many individuals approach their own strategy to building financial freedom. Despite the extreme importance of keeping one's finances in order, people still sometimes sell themselves short. After putting tons of time and money in one's career, investments, etc., it's integral to not pinch pennies in the wrong places! Equally as important is to not overextend yourself financially, which could force you to make cuts in areas that deserve more of your hard-earned capital. Everybody Wants it All You'd be shocked at how many people are unable to pinpoint obvious blemishes in their financial game plan. Young couples, for instance, often times grossly overspend when it comes to living arrangements. Renting a two-bedroom apartment for $1,700 a month and spending the rest of your earnings on entertainment goodies (electronics, restaurants, etc.) is a fast-track to a mountain of debt. Yet these same young folks will get frustrated by how much their job is paying, how much they hate their boss, etc. Then they go on Facebook and see what their friends are spending money on, or planning to do, inspiring them to ramp up even more spending. All the while, they're digging their money hole deeper as the bills continue to add up. It's a classic case of putting the cart before the horse, or as my old boss used to say, "He's the type of guy who puts on a fancy shirt first and then he shaves." The Decision is Yours You can make moves like the Angels did, and decide you want to make the commitment to win (or in your case, build financial wealth), but you should avoid trying to cut corners and pinch in areas that you should be spending smart. Whether you choose a service like Dividend.com Premium , or any other investment service, don't ever make price be the reason you are hesitating to take that next step. If you can't respect yourself enough to use the best tools and information necessary to build that nest egg, then don't be envious of those who are willing to make those crucial sacrifices (both financially and by putting the time in to learn). Eventually those who make these smart decisions will succeed and have little to no debt, all the while surrounding themselves with those share their same ambitions. Looking ahead to the next week for stocks, fourth quarter earnings will start to shuffle in, with results from the likes of Yum! Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. The focus will also continue to be on the economic data, the Presidential election, and as usual, the latest Wall Street analyst calls. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. The market liked the better-than-expected jobs number early on this morning (the unemployment rate fell to 7.8% compared with the 8.2% analysts expected estimates), as stocks jumped up quickly.	Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. The Decision is Yours You can make moves like the Angels did, and decide you want to make the commitment to win (or in your case, build financial wealth), but you should avoid trying to cut corners and pinch in areas that you should be spending smart.	Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. Play to Win - All the Way Through As Major League Baseball gets set to start its annual playoffs later today, plenty of teams are sitting home watching, despite opening up their checkbooks to buy some of the best players possible (the Angels and Dodgers come to mind).	Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. Overall, it was gains across the board for the markets as the first week of the 4th quarter came to a close.
1527.0	2012-10-03 00:00:00 UTC	Alcoa to Clean Up Grasse River - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-to-clean-up-grasse-river-analyst-blog-2012-10-03	nan	nan	Aluminum giant Alcoa Inc. ( AA ) announced that it will assist the U.S. Environmental Protection Agency (EPA) for the Proposed Remedial Action Plan (PRAP) to clean up the Grasse River, polluted by an Alcoa aluminum plant near New York's northern border. Alcoa has collaborated with the EPA to assess alternative remedies to deal with increased levels of polychlorinated biphenyls (PCBs) in fishes in the lower Grasse River. Alcoa submitted an Analysis of Alternatives (A of A) report, which was prepared under the guidance of the EPA and other stakeholders. The EPA explored 10 different cleanup alternatives and PRAP is one of the options mentioned in the "A of A" analysis. The PRAP is also open to suggestions from the public till November 15, 2012. After the comments are received from the public, EPA will issue a final Record of Decision (ROD). The ROD will be reviewed, after which the planning and designing is expected to take two to three years, followed by the actual remediation field work that is expected to take nearly four years. The majority of funding for the project will be spent between 2016 and 2020. Alcoa expects to incur an associated after-tax charges of about $85 million or 8 cents per share in its third quarter 2012 results. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company released its second-quarter 2012 results in July 2012. It posted a loss of $2 million (break-even on a per-share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The company's bottom line was hit by lower aluminum prices during the quarter. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share. Revenues decreased 9.4% year over year to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ), currently retains a short-term Zacks #3 Rank (Hold) and we have a long-term Neutral recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) announced that it will assist the U.S. Environmental Protection Agency (EPA) for the Proposed Remedial Action Plan (PRAP) to clean up the Grasse River, polluted by an Alcoa aluminum plant near New York's northern border. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa has collaborated with the EPA to assess alternative remedies to deal with increased levels of polychlorinated biphenyls (PCBs) in fishes in the lower Grasse River.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) announced that it will assist the U.S. Environmental Protection Agency (EPA) for the Proposed Remedial Action Plan (PRAP) to clean up the Grasse River, polluted by an Alcoa aluminum plant near New York's northern border. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share.	Aluminum giant Alcoa Inc. ( AA ) announced that it will assist the U.S. Environmental Protection Agency (EPA) for the Proposed Remedial Action Plan (PRAP) to clean up the Grasse River, polluted by an Alcoa aluminum plant near New York's northern border. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) announced that it will assist the U.S. Environmental Protection Agency (EPA) for the Proposed Remedial Action Plan (PRAP) to clean up the Grasse River, polluted by an Alcoa aluminum plant near New York's northern border. Alcoa expects to incur an associated after-tax charges of about $85 million or 8 cents per share in its third quarter 2012 results.
1528.0	2012-10-02 00:00:00 UTC	Ahead of Wall Street - October 2, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-october-2-2012-ahead-wall-street-2012-10-02	nan	nan	Tuesday, October 2, 2012 We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months. This is particularly significant as the U.S. reading bucked a worldwide trend evident from PMI readings from the Euro-zone, China, and many other Asian markets. Hard to tell at this stage whether the signs of renewed life on the factory floor represent a reversal of the preceding three months' downtrend or just a one-off data point. But lingering positivity associated with the manufacturing release will have some bearing on today's trading action as well. Unconfirmed reports of Spain finally asking for a bailout should also help. We will get the much bigger service-sector ISM reading tomorrow, but the most important economic release this week is about the labor market that comes out Friday morning. The September non-farm payroll report coming out that morning is expected to show payroll gains of 115K, modestly up from August's 96K tally. A number along the expected lines would not be materially different from what we have become used to in recent months and would be further confirmatory of the lack of labor market momentum. The jobs report from payroll processor Automatic Data Processing ( ADP ) on Wednesday will provide us with a preview of the government release on Friday. But the recent track record of the ADP report has been less than stellar. In fact, the employment component of Monday's ISM report showed strong gains, likely indicating the possibility of a positive surprise. Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). I am not looking for any major surprises with respect to growth rates, beats, and revenue gains. Given how low expectations are for the third quarter, we will likely see the actual results come a tad bit better relative to current expectations. What would be most significant about the third quarter earnings season will be managements' guidance for the following quarter - the fourth quarter of the year. Unlike the third quarter when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp up. These fourth quarter earnings growth expectations (and also next year's) remain vulnerable to downward adjustments. And my sense is that the negative revision process will get into high gear as the third quarter reporting season gets underway next week. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Tuesday, October 2, 2012 We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Unlike the third quarter when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp up.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. What would be most significant about the third quarter earnings season will be managements' guidance for the following quarter - the fourth quarter of the year.
1529.0	2012-10-02 00:00:00 UTC	Lingering Positivity Ahead of Jobs Reports - Analyst Blog	AA	https://www.nasdaq.com/articles/lingering-positivity-ahead-jobs-reports-analyst-blog-2012-10-02	nan	nan	We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months. This is particularly significant as the U.S. reading bucked a worldwide trend evident from PMI readings from the Euro-zone, China and many other Asian markets. Hard to tell at this stage whether the signs of renewed life on the factory floor represent a reversal of the preceding three months' downtrend or is just a one-off data point. But the lingering positivity associated with the manufacturing release will have some bearing on today's trading action as well. Unconfirmed reports of Spain finally asking for a bailout should also help. We will get the much bigger service-sector ISM reading tomorrow, but the most important economic release this week is about the labor market that comes out Friday morning. The September non-farm payroll report is expected to show payroll gains of 115K, modestly up from August's 96K tally. A number along the expected lines would not be materially different from what we have become used to in recent months and would be further confirmatory of the lack of labor market momentum. The jobs report from payroll processor Automatic Data Processing ( ADP ) on Wednesday will provide us with a preview of the government release on Friday. But the recent track record of the ADP report has been less than stellar. In fact, the employment component of Monday's ISM report showed strong gains, likely indicating the possibility of a positive surprise. Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). I am not looking for any major surprises with respect to growth rates, beats and revenue gains. Given how low expectations are for the third quarter, we will likely see the actual results come a tad bit better relative to current expectations. What would be most significant about the third quarter earnings season will be management guidance for the following quarter - the fourth quarter of the year. Unlike the third quarter, when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp-up. These fourth quarter earnings growth expectations (and also next year's) remain vulnerable to downward adjustments. And my sense is that the negative revision process will get into high gear as the third quarter reporting season gets underway next week. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. The September non-farm payroll report is expected to show payroll gains of 115K, modestly up from August's 96K tally.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Unlike the third quarter, when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp-up.	Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months.
1530.0	2012-09-28 00:00:00 UTC	Alcoa to Modernize Cheoah Dam - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-to-modernize-cheoah-dam-analyst-blog-2012-09-28	nan	nan	Aluminum giant Alcoa Inc. ( AA ) along with the U.S. Department of Energy commissioned a modernization project at Cheoah Dam in Robbinsville. The project involves an investment of approximately $110 million and is part of Alcoa's Power Generating Inc.'s Tapoco Project, which seeks to upgrade four hydroelectric dams across the nation. The Project got a shot in the arm when the U.S. Department of Energy granted Alcoa $12.95 million as part of the 2009 American Recovery and Reinvestment Act. The modernization project has enhanced the dam's efficiency and energy output as well as extended its life by about 40-50 years. The purpose of the project was also to increase the generation capacity and results showed that the increase was about 50%, which was much more than expected. The modernization project has also led to a net decrease in total oil volume of nearly 40,000 gallons in high voltage equipment by doing away with circuit breaker oil and by lower usage of transformer oil. The project also supports the use of renewable energy resources and other recreational activities. The overall project includes the upgrade of four of the dam's five power generation units, along with process and utility systems. Another two units will be upgraded during Phase 2 of the project, expected to be completed in 2013. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company released its second-quarter 2012 results in July 2012. It posted a loss of $2 million (break-even on a per-share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The bottom line was hit by lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share. Revenues decreased 9.4% year over year to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ), retains a short-term Zacks #3 Rank (Hold). We currently have a long-term Neutral recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) along with the U.S. Department of Energy commissioned a modernization project at Cheoah Dam in Robbinsville. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The Project got a shot in the arm when the U.S. Department of Energy granted Alcoa $12.95 million as part of the 2009 American Recovery and Reinvestment Act.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) along with the U.S. Department of Energy commissioned a modernization project at Cheoah Dam in Robbinsville. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share.	Aluminum giant Alcoa Inc. ( AA ) along with the U.S. Department of Energy commissioned a modernization project at Cheoah Dam in Robbinsville. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The project involves an investment of approximately $110 million and is part of Alcoa's Power Generating Inc.'s Tapoco Project, which seeks to upgrade four hydroelectric dams across the nation.	Aluminum giant Alcoa Inc. ( AA ) along with the U.S. Department of Energy commissioned a modernization project at Cheoah Dam in Robbinsville. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The overall project includes the upgrade of four of the dam's five power generation units, along with process and utility systems.
1531.0	2012-09-27 00:00:00 UTC	Dahlman Rose Downgrades Alcoa to “Hold”; Potential Spin-off is Only Catalyst (AA)	AA	https://www.nasdaq.com/articles/dahlman-rose-downgrades-alcoa-hold-potential-spin-only-catalyst-aa-2012-09-27	nan	nan	Aluminum producer Alcoa Inc. ( AA ) on Thursday received a big downgrade from analysts at Dahlman Rose. The firm cut its rating on AA from "Buy" to "Hold," noting it sees few catalysts on the horizon. Aluminum prices are expected to remain in a tight range for the foreseeable future, and a potential spin-off of downstream operations is likely the only potential for upside. A Dahlman Rose analyst commented, "Alcoa's Global Rolled Products and Engineered Products and Solutions segments have performed quite well during this time, and this is where Alcoa's future lies, in our opinion. We believe the value of Alcoa's parts is far greater than its current share price, but do not believe that value will be realized in the company's current form." Alcoa shares were mostly flat in premarket trading Thursday. The Bottom Line Shares of Alcoa ( AA ) have a 1.35% dividend yield, based on last night's closing stock price of $8.89. The stock has technical support in the $8 price area. If the shares can firm up, we see overhead resistance around the $10.00-$10.50 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum producer Alcoa Inc. ( AA ) on Thursday received a big downgrade from analysts at Dahlman Rose. The firm cut its rating on AA from "Buy" to "Hold," noting it sees few catalysts on the horizon. The Bottom Line Shares of Alcoa ( AA ) have a 1.35% dividend yield, based on last night's closing stock price of $8.89.	Aluminum producer Alcoa Inc. ( AA ) on Thursday received a big downgrade from analysts at Dahlman Rose. The firm cut its rating on AA from "Buy" to "Hold," noting it sees few catalysts on the horizon. The Bottom Line Shares of Alcoa ( AA ) have a 1.35% dividend yield, based on last night's closing stock price of $8.89.	The Bottom Line Shares of Alcoa ( AA ) have a 1.35% dividend yield, based on last night's closing stock price of $8.89. Aluminum producer Alcoa Inc. ( AA ) on Thursday received a big downgrade from analysts at Dahlman Rose. The firm cut its rating on AA from "Buy" to "Hold," noting it sees few catalysts on the horizon.	Aluminum producer Alcoa Inc. ( AA ) on Thursday received a big downgrade from analysts at Dahlman Rose. The Bottom Line Shares of Alcoa ( AA ) have a 1.35% dividend yield, based on last night's closing stock price of $8.89. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.
1532.0	2012-09-27 00:00:00 UTC	Alcoa Wheels Helps Reduce Emissions - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-wheels-helps-reduce-emissions-analyst-blog-2012-09-27	nan	nan	Aluminum giant Alcoa Inc. ( AA ) revealed the findings of its peer-reviewed life cycle assessment (LCA), which showed that commercial vehicles using Alcoa aluminum significantly reduce the carbon footprint of the vehicles. The study concluded that the use of Alcoa forged aluminum wheels in place of steel wheels helped lower greenhouse gas emissions considerably in the commercial vehicle sector. The study also revealed that the substitution of 18 conventional steel truck wheels with Alcoa aluminum wheels in North America will cut carbon emissions by 16.3 metric tons over the lifetime of the wheels. This represents the average annual carbon footprint of a four-person household in the U.S. Moreover, the adoption of Alcoa wheels instead of steel by mass restricted vehicles in North America enhanced the capability of the vehicle to 414 lbs of additional payload per haul with the same fuel consumption. In Europe, the estimate is 215 kg of additional payload per haul. The substitution of 12 steel wheels with aluminum cuts 13.3 metric tons of carbon emissions in Europe. Further, Alcoa wheels helped save more than 520 gallons of fuel in North America and more than 1,942 liters in Europe. Using aluminum wheels also enable net energy savings throughout the life cycle of the wheel. Alcoa wheels retain their value throughout their lifetime and have an end-of-life scrap value equivalent to that of primary aluminum. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company sees a great prospect in its recycling business. Alcoa, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ), retains a short-term Zacks#4 Rank (Sell). We currently have a long-term Neutral recommendation on its shares. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) revealed the findings of its peer-reviewed life cycle assessment (LCA), which showed that commercial vehicles using Alcoa aluminum significantly reduce the carbon footprint of the vehicles. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The substitution of 12 steel wheels with aluminum cuts 13.3 metric tons of carbon emissions in Europe.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) revealed the findings of its peer-reviewed life cycle assessment (LCA), which showed that commercial vehicles using Alcoa aluminum significantly reduce the carbon footprint of the vehicles. The study also revealed that the substitution of 18 conventional steel truck wheels with Alcoa aluminum wheels in North America will cut carbon emissions by 16.3 metric tons over the lifetime of the wheels.	Aluminum giant Alcoa Inc. ( AA ) revealed the findings of its peer-reviewed life cycle assessment (LCA), which showed that commercial vehicles using Alcoa aluminum significantly reduce the carbon footprint of the vehicles. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The study also revealed that the substitution of 18 conventional steel truck wheels with Alcoa aluminum wheels in North America will cut carbon emissions by 16.3 metric tons over the lifetime of the wheels.	Aluminum giant Alcoa Inc. ( AA ) revealed the findings of its peer-reviewed life cycle assessment (LCA), which showed that commercial vehicles using Alcoa aluminum significantly reduce the carbon footprint of the vehicles. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The study also revealed that the substitution of 18 conventional steel truck wheels with Alcoa aluminum wheels in North America will cut carbon emissions by 16.3 metric tons over the lifetime of the wheels.
1533.0	2012-09-25 00:00:00 UTC	Alcoa Commits to Increase Recycling - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-commits-to-increase-recycling-analyst-blog-2012-09-25	nan	nan	Alcoa Foundation, a corporate foundation of aluminum giant Alcoa Inc. ( AA ), and U.S.-based non-profit organization "Keep America Beautiful" have teamed up to augment the recycling rate in the U.S. The partnership announced the launch of "Action to Accelerate Recycling" program at the Clinton Globe Initiative (CGI) Annual Meeting to create awareness and also provide recycling infrastructure to increase recycling of aluminum, plastic, glass and paper in the U.S. The "Action to Accelerate Recycling" initiative will include recycling programs to educate and activate people of all ages, and help in expanding the infrastructure for recycling. It includes various incentives by Alcoa and Alcoa Foundation. Some of them are: Pass the Can - Under this initiative, Alcoa introduced a new application (app) by Facebook Inc. (FB) that educates people about aluminum recycling in a fun way and encourages them to act and spread the awareness among friends through the social network. For every virtual can passed through this Facebook app, Alcoa Foundation will donate $1 (up to $75,000) to "Keep America Beautiful". International Union for Conservation of Nature (IUCN) and Planet Ark are also involved in this to fund recycling programs around the world. The Alcoa foundation has plans to reach 50 college campuses around the world. The foundation has also tied up with DoSomething.org, which is the largest youth-led aluminum recycling drive in the U.S. It is also working with the Ohio State University, University of Tennessee, Purdue University and Clemson University to develop innovative recycling programs that encourage fans to recycle in parking lots during football season. Pennsylvania Resources Council - The program will educate consumers about the recyclability of pet food cans and create a model for collecting cans that can be easily replicated. On the other hand, "Keep America Beautiful" has taken a pledge to increase the recycling of aluminum, paper, plastic and glass in the workplace by 10% through a variety of programs. The organization aims to reach 200 million people via multi media campaigns. It is seeking to provide access to recycling and develop best practices in 4-6 underserved public venues with funding from Alcoa. Alcoa and Alcoa Foundation have committed to fund the project and have already spent $2 million to engage millions of Americans and increase the current U.S. recycling rate by 10 percentage points. Alcoa primarily intends to increase the recycling rate of aluminum beverage cans in the U.S. to 75% by 2015 and help create sustainable and prosperous communities across the country. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ). The stock maintains a Zacks #4 Rank, which translates into a short-term (1 to 3 months) Sell rating. Currently, we have a long-term Neutral recommendation on Alcoa's shares. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Foundation, a corporate foundation of aluminum giant Alcoa Inc. ( AA ), and U.S.-based non-profit organization "Keep America Beautiful" have teamed up to augment the recycling rate in the U.S. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Some of them are: Pass the Can - Under this initiative, Alcoa introduced a new application (app) by Facebook Inc. (FB) that educates people about aluminum recycling in a fun way and encourages them to act and spread the awareness among friends through the social network.	Alcoa Foundation, a corporate foundation of aluminum giant Alcoa Inc. ( AA ), and U.S.-based non-profit organization "Keep America Beautiful" have teamed up to augment the recycling rate in the U.S. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The partnership announced the launch of "Action to Accelerate Recycling" program at the Clinton Globe Initiative (CGI) Annual Meeting to create awareness and also provide recycling infrastructure to increase recycling of aluminum, plastic, glass and paper in the U.S.	Alcoa Foundation, a corporate foundation of aluminum giant Alcoa Inc. ( AA ), and U.S.-based non-profit organization "Keep America Beautiful" have teamed up to augment the recycling rate in the U.S. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The partnership announced the launch of "Action to Accelerate Recycling" program at the Clinton Globe Initiative (CGI) Annual Meeting to create awareness and also provide recycling infrastructure to increase recycling of aluminum, plastic, glass and paper in the U.S.	Alcoa Foundation, a corporate foundation of aluminum giant Alcoa Inc. ( AA ), and U.S.-based non-profit organization "Keep America Beautiful" have teamed up to augment the recycling rate in the U.S. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The partnership announced the launch of "Action to Accelerate Recycling" program at the Clinton Globe Initiative (CGI) Annual Meeting to create awareness and also provide recycling infrastructure to increase recycling of aluminum, plastic, glass and paper in the U.S.
1534.0	2012-09-18 00:00:00 UTC	After Hours Most Active for Sep 18, 2012 : INTC, QQQ, WCRX, VRSN, SSYS, KO, DAL, HF, BAC, AA, TWX, MSFT	AA	https://www.nasdaq.com/articles/after-hours-most-active-sep-18-2012-intc-qqq-wcrx-vrsn-ssys-ko-dal-hf-bac-aa-twx-msft-2012	nan	nan	The NASDAQ 100 After Hours Indicator is down -.16 to 2,857.22. The total After hours volume is currently 31,238,642 shares traded. The following are the most active stocks for the after hours session : Intel Corporation ( INTC ) is +0.02 at $23.39, with 3,302,352 shares traded. INTC's current last sale is 89.96% of the target price of $26. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.0331 at $70.22, with 3,040,006 shares traded. This represents a 40.17% increase from its 52 Week Low. Warner Chilcott plc ( WCRX ) is -0.1958 at $12.92, with 2,409,415 shares traded. As reported by Zacks, the current mean recommendation for WCRX is in the "buy range". VeriSign, Inc. ( VRSN ) is +0.0509 at $46.87, with 1,985,263 shares traded. VRSN's current last sale is 99.73% of the target price of $47. Stratasys, Inc. ( SSYS ) is +0.19 at $58.74, with 1,699,424 shares traded. SSYS's current last sale is 100.41% of the target price of $58.5. Coca-Cola Company (The) ( KO ) is +0.0341 at $38.65, with 1,661,592 shares traded. As reported by Zacks, the current mean recommendation for KO is in the "buy range". Delta Air Lines Inc. (New) ( DAL ) is +0.02 at $8.98, with 1,552,835 shares traded. As reported by Zacks, the current mean recommendation for DAL is in the "buy range". HFF, Inc. ( HF ) is -0.04 at $15.99, with 1,301,567 shares traded. As reported in the last short interest update the days to cover for HF is 9.192095; this calculation is based on the average trading volume of the stock. Bank of America Corporation ( BAC ) is +0.02 at $9.25, with 1,277,503 shares traded. BAC's current last sale is 102.78% of the target price of $9. Alcoa Inc. ( AA ) is +0.01 at $9.50, with 1,176,130 shares traded. AA's current last sale is 95% of the target price of $10. Time Warner Inc. ( TWX ) is -0.0931 at $44.78, with 1,016,917 shares traded. As reported by Zacks, the current mean recommendation for TWX is in the "buy range". Microsoft Corporation ( MSFT ) is -0.085 at $31.09, with 844,971 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $0.77. As reported by Zacks, the current mean recommendation for MSFT is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.01 at $9.50, with 1,176,130 shares traded. AA's current last sale is 95% of the target price of $10. The following are the most active stocks for the after hours session : Intel Corporation ( INTC ) is +0.02 at $23.39, with 3,302,352 shares traded.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa Inc. ( AA ) is +0.01 at $9.50, with 1,176,130 shares traded. AA's current last sale is 95% of the target price of $10.	Alcoa Inc. ( AA ) is +0.01 at $9.50, with 1,176,130 shares traded. AA's current last sale is 95% of the target price of $10. The total After hours volume is currently 31,238,642 shares traded.	Alcoa Inc. ( AA ) is +0.01 at $9.50, with 1,176,130 shares traded. AA's current last sale is 95% of the target price of $10. The following are the most active stocks for the after hours session : Intel Corporation ( INTC ) is +0.02 at $23.39, with 3,302,352 shares traded.
1535.0	2012-09-18 00:00:00 UTC	Markets Consolidate, But Dow Muscles Higher	AA	https://www.nasdaq.com/articles/markets-consolidate-dow-muscles-higher-2012-09-18	nan	nan	" FedEx Corporation ( FDX ) came out and lowered its guidance, which may affect several industries and companies throughout the world," noted Schaeffer's Senior Equities Analyst Joe Bell. "The market was relatively flat and we once again saw a lot of the consumer staples and defensive names lead for the day, while consumer discretionary stocks and housing related companies struggled." Throughout the see-saw session, the Dow Jones Industrial Average (DJI) battled hard to maintain a perch atop newfound support at 13,500. Keep reading to see what else was on our radar today: Option Volume Briefs : China Unrest Spurs Bears into Action. Also, is this pair of bearish technical formations portending a slowdown for stocks? And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 13,564.64) began trading at its session low of 13,517.81, and then ran to its intraday high of 13,582.12 just before midday. After that, though, the Dow wavered on either side of breakeven until lifting 11.5 points, or roughly 0.1%, by the closing bell. Seventeen of the 30 components turned lower today, with Alcoa Inc.'s ( AA ) analyst-induced 0.9% decline leading the way. Conversely, a 1.8% rise from Kraft Foods Inc (NASDAQ:KFT) paced the 13 outperforming blue chips. The S&P 500 Index (SPX - 1,459.32) and the Nasdaq Composite (COMP - 3,177.80) traveled a similar path into negative territory, briefly eclipsing the breakeven line earlier in the session. By the time the dust settled, the SPX fell 1.9 points, or 0.1%, while the COMP relinquished a fraction of a point. The CBOE Market Volatility Index (VIX - 14.18) also headed south today, giving back 0.4 point, or 2.8%, to finish just atop its intraday low of 14.17. Today's highlight : "There wasn't much to cheer about," remarked Bell. "The markets continued to consolidate after last week's QE3-related rally." Turning to today's major market stories... Highs & Lows : Jazz Pharmaceuticals plc ( JAZZ ) soared to an all-time best, while Smith & Wesson Holding Corporation ( SWHC ) added to its 149% year-to-date rise. Put volume popped on the iShares FTSE China 25 Index Fund (NYSEARCA:FXI) . Analyst adjusted their positions on biotech firms Abbott Laboratories ( ABT ) and Watson Pharmaceuticals, Inc. (WPI) . Ahead of tomorrow's after-hours earnings report, put holders converged on Adobe Systems Incorporated (ADBE) . F5 Networks, Inc. (FFIV) saw a spike in buy-to-open call activity. A long strangle was set up on J.C. Penney Company, Inc. (JCP) , while shareholders could be writing covered calls on Broadcom Corporation (BRCM) . A shooting star formation, an engulfing bearish pattern, and more reasons to exercise caution with your equities positions. For today's activity in commodities, options, and more, head to page 2. On the heels of a mysterious sell-off in the last minutes of trading on Monday , oil futures stayed south for a second straight session. By the close, October-dated crude sawed off $1.33, or 1.4%, to end at $95.29 a barrel. This marked the commodity's worst settlement since Aug 31. Not many speculators returned to gold futures today, as the malleable metal was little changed by the closing bell. Gold for December delivery inched higher by 60 cents, or roughly 0.1%, to end at $1,771.20 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,564.64) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,459.32) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,177.80) - support at 2,400; resistance at 3,400 At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Seventeen of the 30 components turned lower today, with Alcoa Inc.'s ( AA ) analyst-induced 0.9% decline leading the way. " FedEx Corporation ( FDX ) came out and lowered its guidance, which may affect several industries and companies throughout the world," noted Schaeffer's Senior Equities Analyst Joe Bell. The S&P 500 Index (SPX - 1,459.32) and the Nasdaq Composite (COMP - 3,177.80) traveled a similar path into negative territory, briefly eclipsing the breakeven line earlier in the session.	Seventeen of the 30 components turned lower today, with Alcoa Inc.'s ( AA ) analyst-induced 0.9% decline leading the way. Throughout the see-saw session, the Dow Jones Industrial Average (DJI) battled hard to maintain a perch atop newfound support at 13,500. The Dow Jones Industrial Average (DJI - 13,564.64) began trading at its session low of 13,517.81, and then ran to its intraday high of 13,582.12 just before midday.	Seventeen of the 30 components turned lower today, with Alcoa Inc.'s ( AA ) analyst-induced 0.9% decline leading the way. The Dow Jones Industrial Average (DJI - 13,564.64) began trading at its session low of 13,517.81, and then ran to its intraday high of 13,582.12 just before midday. The CBOE Market Volatility Index (VIX - 14.18) also headed south today, giving back 0.4 point, or 2.8%, to finish just atop its intraday low of 14.17.	Seventeen of the 30 components turned lower today, with Alcoa Inc.'s ( AA ) analyst-induced 0.9% decline leading the way. The Dow Jones Industrial Average (DJI - 13,564.64) began trading at its session low of 13,517.81, and then ran to its intraday high of 13,582.12 just before midday. Turning to today's major market stories...
1536.0	2012-09-18 00:00:00 UTC	Back to Reality: FedEx Reports - Analyst Blog	AA	https://www.nasdaq.com/articles/back-reality-fedex-reports-analyst-blog-2012-09-18	nan	nan	The earnings report from FedEx ( FDX ) this morning puts the spotlight back on the global growth worries that were drowned out by the hoopla surrounding the QE3 announcement. Investors seem to think of QE3 as the panacea that Bernanke was at pains to point out it was not. The Fed's new program hasn't had much chance to do its magic on the economy yet, but one can reasonably assume that it is largely irrelevant to the type of issues facing global bellwether operators like FedEx. FedEx came ahead of the lowered guidance it provided two weeks back. But whatever that positive surprise is worth, it is more than offset by lowered guidance for the current quarter and full fiscal year. The company's eCommerce-centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. It is the international air freight business, accounting for more than 60% of the firm's revenue, which is facing weakening demand as a result of the worldwide economic slowdown. We will likely hear more about this theme of weak economic backdrop weighing on corporate profitability as the third quarter earnings season gets underway. Estimates are for earnings to drop 3.9% in the third quarter from the same period last year, which reflects a roughly equivalent drop in revenues and flat margins. This is the weakest earnings growth outlook at the start of a reporting season that we have seen since late 2009. Expectations are for a turnaround in the fourth quarter, with earnings expected to increase a solid 7.9%. For next year, the consensus expectation is for growth of about 10%, on top of the high single digits growth this year. Count me as skeptical of these forecasts. With growth a problem all over the world, these growth expectations may not be much different than 'hoping for the best.' Technically speaking, the third quarter reporting season started today with the FedEx report, though the market starts paying attention only after Alcoa's ( AA ) results next month. We still have some time to go before then. But I would be surprised if the market can build on its recent gains in this time period. And hardly anyone would find the key take-away from the actual reporting season to be reassuring enough to sustain the gains made in recent days. Bottom line, this fall may not be that kind to the stock market. ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The company's eCommerce-centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. Technically speaking, the third quarter reporting season started today with the FedEx report, though the market starts paying attention only after Alcoa's ( AA ) results next month. ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here.	Technically speaking, the third quarter reporting season started today with the FedEx report, though the market starts paying attention only after Alcoa's ( AA ) results next month. ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. The company's eCommerce-centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5.	Technically speaking, the third quarter reporting season started today with the FedEx report, though the market starts paying attention only after Alcoa's ( AA ) results next month. ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. The company's eCommerce-centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5.	The company's eCommerce-centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. Technically speaking, the third quarter reporting season started today with the FedEx report, though the market starts paying attention only after Alcoa's ( AA ) results next month. ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here.
1537.0	2012-09-18 00:00:00 UTC	Jeffries Sees Shares of Alcoa as Fully Valued in the Near Term, Prefers Freeport McMoran (AA, FCX)	AA	https://www.nasdaq.com/articles/jeffries-sees-shares-alcoa-fully-valued-near-term-prefers-freeport-mcmoran-aa-fcx-2012-09	nan	nan	New York city based aluminum giant Alcoa ( AA ) was downgraded this morning over at Jeffries & Co from Buy to Hold with a price target of $11.00. The analyst at Jeffries is clearly more enthusiastic about Freeport McMoRam ( FCX ) citing, "We have said for some time that if/when Alcoa shares got an upside bump, we would be inclined to downgrade the stock. It did. We are downgrading. Within base metals, we strongly prefer the shares of FCX ( FCX ). After Alcoa spent the summer oscillating in a tight range between between $8.00 and $9.00 it broke out recently and jumped to nearly $10. Currently sitting at $9.58 Jeffries target implies 14.8%. The Bottom Line Shares of Alcoa ( AA ) have a 1.25% dividend yield, based on last night's closing stock price of $9.58. The stock has technical support in the $8.00-$8.50 price area. If the shares can firm up, we see overhead resistance around the $10.50-$11.00 price levels. Alcoa ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	New York city based aluminum giant Alcoa ( AA ) was downgraded this morning over at Jeffries & Co from Buy to Hold with a price target of $11.00. The Bottom Line Shares of Alcoa ( AA ) have a 1.25% dividend yield, based on last night's closing stock price of $9.58. Alcoa ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	Alcoa ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. New York city based aluminum giant Alcoa ( AA ) was downgraded this morning over at Jeffries & Co from Buy to Hold with a price target of $11.00. The Bottom Line Shares of Alcoa ( AA ) have a 1.25% dividend yield, based on last night's closing stock price of $9.58.	New York city based aluminum giant Alcoa ( AA ) was downgraded this morning over at Jeffries & Co from Buy to Hold with a price target of $11.00. The Bottom Line Shares of Alcoa ( AA ) have a 1.25% dividend yield, based on last night's closing stock price of $9.58. Alcoa ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	New York city based aluminum giant Alcoa ( AA ) was downgraded this morning over at Jeffries & Co from Buy to Hold with a price target of $11.00. The Bottom Line Shares of Alcoa ( AA ) have a 1.25% dividend yield, based on last night's closing stock price of $9.58. Alcoa ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.
1538.0	2012-09-18 00:00:00 UTC	Ahead of Wall Street - September 18, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-september-18-2012-ahead-wall-street-2012-09-18	nan	nan	Tuesday, September 18, 2012 The earnings report from FedEx ( FDX ) this morning puts the spotlight back on the global growth worries that were drowned out by the hoopla surrounding the Fed's QE3 announcement. Investors seem to think of QE3 as the panacea that Bernanke was at pains to point out it was not. The Fed's new program hasn't had much chance to do its magic on the economy yet, but one can reasonably assume that it is largely irrelevant to the type of issues facing global bellwether operators like FedEx. FedEx came ahead of the lowered guidance it provided two weeks back. But whatever that positive surprise is worth, it is more than offset by lowered guidance for the current quarter and full fiscal year. The company's ecommerce centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. But it is the international air freight business that accounts for more than 60% of the firm's revenue which is facing weakening demand as a result of the worldwide economic slowdown. We will likely hear more about this theme of weak economic backdrop weighing on corporate profitability as the third quarter earnings season gets underway. Estimates are for total earnings to drop 3.9% in the third quarter from the same period last year, which reflects a roughly equivalent drop in revenues and flat margins. This is the weakest earnings growth outlook at the start of a reporting season that we have seen since late 2009. Expectations are for a turnaround in the fourth quarter, with earnings expected to increase a solid 7.9%. For next year, the consensus expectation is for growth of about 10%, on top of the high single digits growth this year. Count me as skeptical of these forecasts. With growth a problem all over the world, these growth expectations may not be much different than just 'hoping for the best'. Technically speaking, the third quarter reporting season started today with the FedEx report today, though the market starts paying attention only after Alcoa's ( AA ) results next month. We still have some time to go before then. But I would be surprised if the market can build on its recent gains in this time period. And hardly anyone would find the key take-away from the actual reporting season to be reassuring enough to sustain the gains made in recent days. Bottom line, this fall may not be that kind to the stock market. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The company's ecommerce centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. Technically speaking, the third quarter reporting season started today with the FedEx report today, though the market starts paying attention only after Alcoa's ( AA ) results next month. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here.	Technically speaking, the third quarter reporting season started today with the FedEx report today, though the market starts paying attention only after Alcoa's ( AA ) results next month. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. The company's ecommerce centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5.	Technically speaking, the third quarter reporting season started today with the FedEx report today, though the market starts paying attention only after Alcoa's ( AA ) results next month. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. The company's ecommerce centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5.	The company's ecommerce centric package delivery business seems to be doing fine and would likely get a further lift in the current period from strong demand for Apple's ( AAPL ) iPhone 5. Technically speaking, the third quarter reporting season started today with the FedEx report today, though the market starts paying attention only after Alcoa's ( AA ) results next month. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here.
1539.0	2012-09-17 00:00:00 UTC	Stocks Break Winning Streak but Hold Technical Support	AA	https://www.nasdaq.com/articles/stocks-break-winning-streak-hold-technical-support-2012-09-17	nan	nan	"After disappointing Empire State manufacturing data, the market finished in the red," said Schaeffer's Senior Equities Analyst Joe Bell. "Obviously, the big news last week was QE3 and the market's strong positive reaction. After such a strong run up, it makes a lot of sense for a little breather today." Although the Dow Jones Industrial Average (DJI) drifted to its first loss in the past five sessions, the index secured its third consecutive close atop the 13,500 level. Keep reading to see what else was on our radar today: Call playing revved up on these 3 big-name equities . Option Volume Briefs: Housing Optimists Bet on Support . Plus, what's behind the recent uptick in the CBOE Market Volatility Index ? And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 13,553.10) was off nearly 67 points at its intraday low of 13,526.67. But by the time the closing bell sounded, the Dow had pared some of its deficit, giving up 40.3 points, or 0.3%. Nineteen of the 30 blue chips finished with losses, as Alcoa Inc. ( AA ) and Bank of America Corp ( BAC ) paced the underperformers with 2.6% declines each. On the other hand, Pfizer Inc. ( PFE ) and AT&T Inc. ( T ) led the winning issues with a 0.9% gains. Microsoft Corporation ( MSFT ) parked at breakeven. After reaching a roughly five-year peak on Friday, the S&P 500 Index (SPX - 1,461.19) headed south today, retreating 4.6 points, or 0.3%. Meanwhile, the Nasdaq Composite (COMP - 3,178.67) faced a similar fate, dropping 5.3 points, or 0.2%, from its decade-plus high perch. The CBOE Market Volatility Index(VIX - 14.59) turned higher by a tenth of a point, or 0.6%, settling atop the 14.50 mark for a second straight session. Today's highlight : "Beneath today's small sell-off, we saw more mergers and acquisitions activity," noted Bell. "Medical equipment supplier, IRIS International, Inc. (IRIS) was up huge after being acquired by Danaher Corporation (DHR). In recent months, we have seen a pickup in this type of activity , which is a good sign for the strength of the market." Turning to today's major market stories... Put writers wagered on the uptrending SPDR S&P Homebuilders (ETF) (NYSEARCA:XHB) . EMC Corporation (EMC) saw an uptick in January-dated options activity. Gilead Sciences, Inc. (GILD) and LDK Solar Co., Ltd (ADR) (LDK) posted record-breaking runs in today's session . Despite the shares' overall downtrend, call holders continue to swarm AK Steel Holding Corporation (AKS) . Pre-earnings options players pounced on FedEx Corporation (FDX) and CarMax, Inc (KMX) . Energy issue Arch Coal Inc. (ACI) and streaming video name Netflix, Inc. (NFLX) were tapped with analysts adjustments today. Bullish and bearish call bettors had a hankering for Chipotle Mexican Grill, Inc. (CMG) . Option Trends : Akamai Technologies (AKAM), Molycorp (MCP), and Peabody Energy (BTU). For today's activity in commodities, options, and more, head to page 2. With tensions mounting in the Middle East, as well as between China and Japan, crude oil futures were in positive territory for most of the session. But in the last minutes of trading, the commodity took a significant dive on talk of a release from domestic strategic oil reserves. Against this backdrop, crude for October delivery lopped off $2.38, or 2.4%, to close at $96.62 a barrel. Following a six-month high settlement on Friday, gold futures buckled today, as speculators took their profits from last-week's Fed-inspired gains. By the close, December-dated gold slipped $2.10, or 0.1%, to end at $1,770.60 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,553.10) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,461.19) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,178.67) - support at 2,400; resistance at 3,400 At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Nineteen of the 30 blue chips finished with losses, as Alcoa Inc. ( AA ) and Bank of America Corp ( BAC ) paced the underperformers with 2.6% declines each. "After disappointing Empire State manufacturing data, the market finished in the red," said Schaeffer's Senior Equities Analyst Joe Bell. Although the Dow Jones Industrial Average (DJI) drifted to its first loss in the past five sessions, the index secured its third consecutive close atop the 13,500 level.	Nineteen of the 30 blue chips finished with losses, as Alcoa Inc. ( AA ) and Bank of America Corp ( BAC ) paced the underperformers with 2.6% declines each. Although the Dow Jones Industrial Average (DJI) drifted to its first loss in the past five sessions, the index secured its third consecutive close atop the 13,500 level. Plus, what's behind the recent uptick in the CBOE Market Volatility Index ?	Nineteen of the 30 blue chips finished with losses, as Alcoa Inc. ( AA ) and Bank of America Corp ( BAC ) paced the underperformers with 2.6% declines each. Although the Dow Jones Industrial Average (DJI) drifted to its first loss in the past five sessions, the index secured its third consecutive close atop the 13,500 level. Today's highlight : "Beneath today's small sell-off, we saw more mergers and acquisitions activity," noted Bell.	Nineteen of the 30 blue chips finished with losses, as Alcoa Inc. ( AA ) and Bank of America Corp ( BAC ) paced the underperformers with 2.6% declines each. After such a strong run up, it makes a lot of sense for a little breather today." For today's activity in commodities, options, and more, head to page 2.
1540.0	2012-09-14 00:00:00 UTC	Stock Market News for September 14, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-september-14-2012-market-news-2012-09-14	nan	nan	The Fed finally announced additional economic measures and benchmarks soared to touch new multi-year highs on Thursday. The announcement that the US Federal Reserve will buyback mortgage securities worth $40 billion every month until the labor market improves pushed the benchmarks instantly higher and the financial sector enjoyed robust gains. Investor confidence was bolstered following the news and led to above-average volumes. The Dow Jones Industrial Average (DJI) soared 206.51 points or 1.6% to 13,539.86. The Standard & Poor 500 (S&P 500) jumped 1.6% to finish yesterday's trading session at 1,459.99. The tech-laden Nasdaq Composite Index surged 1.3% to end significantly higher at 3,155.83. The fear-gauge CBOE Volatility Index (VIX) plunged 11.1% to settle at 14.05. The Street had its busiest day since June 22 as consolidated volumes on the New York Stock Exchange, Nasdaq and the American Stock Exchange amounted to roughly 8.14 billion shares, higher than 2011's daily average of 7.84 billion shares. Advancers stormed past the declining stocks on the NYSE; as for four stocks that rose, only one stock edged lower. The robust gains yesterday drove the benchmarks to fresh multi-year highs. The Dow and S&P 500 both soared to levels last witnessed in 2007, before the global recession battered the benchmarks. The Nasdaq posted an even better performance, closing at its highest level since November 2000. The robust gains in the blue-chip index helped all 30 of its components close in the green. Apart from financial stocks, the gains were led by Alcoa, Inc. (NYSE: AA ), Chevron Corporation (NYSE: CVX ), The Home Depot, Inc. (NYSE: HD ), The Coca-Cola Company (NYSE: KO ), United Technologies Corp. (NYSE: UTX ) and Exxon Mobil Corporation (NYSE: XOM ) and they gained 3.0%, 1.8%, 2.2%, 2.1%, 2.2% and 1.9%, respectively. The day was dominated by the announcement that the Fed would undertake a third round of quantitative easing (QE3). The central bank also announced that it will maintain the funds rate near zero at least till mid 2015. The announcement for QE3 came after months of anticipation. Moreover, the central bank did not restrict the purchase of mortgage debt within a specific time frame. The Fed announced that it will buy back mortgage-backed securities worth $40 billion every month till labor conditions improve. Fed Chairman Ben Bernanke said: "The employment situation ... remains a grave concern…While the economy appears to be on a path of moderate recovery, it isn't growing fast enough to make significant progress reducing the unemployment rate." It was clear that the Fed is taking concerns about the labor market seriously The central bank said that it may "employ its other policy tools" if the "labor market does not improve substantially." For past many trading sessions, volumes have been low as investors' adopted a cautious stance and awaited action by the central bank. However, announcement of the QE3 drove the volumes beyond average. More importantly, the announcement brought cheer to investors who were awaiting the economic stimulus for months. It is widely believed that additional economic measures have the potential to bolster the economic recovery. A market strategist noted that the plan would improve confidence about the economy, consumers will boost their spending and GDP will move up. The central bank stated that QE3 "should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative". On a day when the additional economic measure was announced and was stated to continue till the jobs market improved, data suggested that initial claims had increased. The U.S. Department of Labor reported that initial claims jumped to a seasonally adjusted 382,000 in the week ending September 8, up 15,000 from prior week's 367,000. This was also higher than consensus estimates of 368, 000. While none of the 10 industry groups in the S&P closed in the red, the financial sector was one of the biggest gainers. The Financial Select Sector SPDR (ETF) jumped 2.7% and stocks including American Express Company (NYSE: AXP ), Bank of America Corp (NYSE: BAC ), JPMorgan Chase & Co. (NYSE: JPM ), Citigroup Inc. (NYSE: C ) and Morgan Stanley (NYSE: MS ) surged 3.1%, 4.8%, 3.7%, 4.2% and 2.8%, respectively. ALCOA INC (AA): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Apart from financial stocks, the gains were led by Alcoa, Inc. (NYSE: AA ), Chevron Corporation (NYSE: CVX ), The Home Depot, Inc. (NYSE: HD ), The Coca-Cola Company (NYSE: KO ), United Technologies Corp. (NYSE: UTX ) and Exxon Mobil Corporation (NYSE: XOM ) and they gained 3.0%, 1.8%, 2.2%, 2.1%, 2.2% and 1.9%, respectively. ALCOA INC (AA): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. The announcement that the US Federal Reserve will buyback mortgage securities worth $40 billion every month until the labor market improves pushed the benchmarks instantly higher and the financial sector enjoyed robust gains.	Apart from financial stocks, the gains were led by Alcoa, Inc. (NYSE: AA ), Chevron Corporation (NYSE: CVX ), The Home Depot, Inc. (NYSE: HD ), The Coca-Cola Company (NYSE: KO ), United Technologies Corp. (NYSE: UTX ) and Exxon Mobil Corporation (NYSE: XOM ) and they gained 3.0%, 1.8%, 2.2%, 2.1%, 2.2% and 1.9%, respectively. ALCOA INC (AA): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. The Financial Select Sector SPDR (ETF) jumped 2.7% and stocks including American Express Company (NYSE: AXP ), Bank of America Corp (NYSE: BAC ), JPMorgan Chase & Co. (NYSE: JPM ), Citigroup Inc. (NYSE: C ) and Morgan Stanley (NYSE: MS ) surged 3.1%, 4.8%, 3.7%, 4.2% and 2.8%, respectively.	Apart from financial stocks, the gains were led by Alcoa, Inc. (NYSE: AA ), Chevron Corporation (NYSE: CVX ), The Home Depot, Inc. (NYSE: HD ), The Coca-Cola Company (NYSE: KO ), United Technologies Corp. (NYSE: UTX ) and Exxon Mobil Corporation (NYSE: XOM ) and they gained 3.0%, 1.8%, 2.2%, 2.1%, 2.2% and 1.9%, respectively. ALCOA INC (AA): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. The announcement that the US Federal Reserve will buyback mortgage securities worth $40 billion every month until the labor market improves pushed the benchmarks instantly higher and the financial sector enjoyed robust gains.	Apart from financial stocks, the gains were led by Alcoa, Inc. (NYSE: AA ), Chevron Corporation (NYSE: CVX ), The Home Depot, Inc. (NYSE: HD ), The Coca-Cola Company (NYSE: KO ), United Technologies Corp. (NYSE: UTX ) and Exxon Mobil Corporation (NYSE: XOM ) and they gained 3.0%, 1.8%, 2.2%, 2.1%, 2.2% and 1.9%, respectively. ALCOA INC (AA): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. The announcement that the US Federal Reserve will buyback mortgage securities worth $40 billion every month until the labor market improves pushed the benchmarks instantly higher and the financial sector enjoyed robust gains.
1541.0	2012-09-14 00:00:00 UTC	I'm Buying $10,000 in This Unique Fund to Stay Ahead of This Fast-Changing Market	AA	https://www.nasdaq.com/articles/im-buying-10000-unique-fund-stay-ahead-fast-changing-market-2012-09-14	nan	nan	Even if you're abuy-and-hold investor by nature, you have to be nimble enough toprofit from any short-term gifts themarket may hand you. In late May, with the market swooning, I took advantage of that opening by acquiring even more shares of Citigroup (NYSE: C ) for my $100,000 Real-Money Portfolio . That move has paid off nicely. Citigroup has been surging in recent weeks, thanks to market-boosting comments from Federal Reserve Chairman Ben Bernanke. Make no mistake, I still think this stock is headed into the $40s -- and beyond -- as theeconomy firms. But I also know the recent $30 billion increase in Citigroup'smarket value could vanish the next time we have a scary economic crisis. My colleague Jim Woods recently laid out the case why you should bebearish on banks in the near-term. I'm actually quitebullish for this sector in the long haul, but I share his short-term view. The portfolio rebound Citigroup, along with some other strong gainers, has finally rescued my $100,000 Real-Money Portfolio , which had gotten off to a poor start. By the middle of June, this portfolio was 13.5% in the red. But only three months later, it's now up 5%. That works out to a 22% three-month gain, compared to a 9% gain for the S&P 500. The portfolio rebound may not be simply based on oversold stocks getting fresh support. I think it's due to more recent picks performing quite well. Four of my five picks from this summer are up at least 10%, led by a 35% gain in Maxwell Technologies (Nasdaq: MXWL ) . Tivo (Nasdaq: TIVO ) , the most recent pick, is flat thus far. Notably, I still see solid upside for each of these picks. A shift in portfolio focus You may have noticed a subtle shift in this portfolio. Recent picks have tended to be of smaller companies that are not as likely to be household names. At the same time, I've sold bigger stocks such as Hasbro (NYSE: HAS ) , Alcoa (NYSE: AA ) and Freeport-McMoRan (NYSE: FCX ) . I still only focus on stocks with clear downside support, but I am returning to my roots as a seeker of underappreciated, off-the-radar stocks. This allows me to not just track market returns (with some hoped-for upside) but pursue major returns as well. A number of picks in this portfolio are capable of 50% to 100% upside when their stars finally align. (Note that Ford (NYSE: F ) , my favorite investment idea of anyasset class , is staying put for the long haul.) But this market makes me nervous right now. I don't want to sell these stocks, which have such solid upside, but I also need to preserve capital in case we get into profit-taking mode. Action to Take -- > As such, here are my moves. I will sell 400 shares of Citigroup (freeing up roughly $14,000 in funds) two trading days after you read this. At the same time, I will be once again taking a position in the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA ) . I intend to buy 800 shares, or around $10,700 worth. I will have roughly $10,000 in firepower after these two moves, so stay tuned for another fresh pick in coming weeks. -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	At the same time, I've sold bigger stocks such as Hasbro (NYSE: HAS ) , Alcoa (NYSE: AA ) and Freeport-McMoRan (NYSE: FCX ) . Citigroup has been surging in recent weeks, thanks to market-boosting comments from Federal Reserve Chairman Ben Bernanke. (Note that Ford (NYSE: F ) , my favorite investment idea of anyasset class , is staying put for the long haul.)	At the same time, I've sold bigger stocks such as Hasbro (NYSE: HAS ) , Alcoa (NYSE: AA ) and Freeport-McMoRan (NYSE: FCX ) . -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC.	At the same time, I've sold bigger stocks such as Hasbro (NYSE: HAS ) , Alcoa (NYSE: AA ) and Freeport-McMoRan (NYSE: FCX ) . In late May, with the market swooning, I took advantage of that opening by acquiring even more shares of Citigroup (NYSE: C ) for my $100,000 Real-Money Portfolio . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC.	At the same time, I've sold bigger stocks such as Hasbro (NYSE: HAS ) , Alcoa (NYSE: AA ) and Freeport-McMoRan (NYSE: FCX ) . I'm actually quitebullish for this sector in the long haul, but I share his short-term view. The portfolio rebound Citigroup, along with some other strong gainers, has finally rescued my $100,000 Real-Money Portfolio , which had gotten off to a poor start.
1542.0	2012-09-13 00:00:00 UTC	Why the bear market is finally ending	AA	https://www.nasdaq.com/articles/why-bear-market-finally-ending-2012-09-13	nan	nan	All I have known is the bear market, and now it's over. I began my career covering U.S. financial markets on April 1, 2000, less than three weeks after the peak of the Nasdaq bubble. I watched hundreds of stocks go to zero and witnessed the collapse of an entire industry of high-fee, growth-chasing tech funds. I saw Johnny-come-lately Pets.com sink into nothingness and witnessed the implosion of Worldcom, Enron, and later much of the U.S. financial system. But something has been changing in the last few months. Bad news is increasingly shrugged off or ends up being not so bad after all. Greece and Spain have, for all practical purposes, already defaulted, but the euro has rallied. The U.S. economy has slowed but is still growing. China is worsening, yet steel, coal, and copper appear to have bottomed. It's hard to know how exactly how the new bull market will unfold. Precious metals, agriculture, and domestic energy will probably be involved, but so will countless other stocks that get less attention, such as deathcare and firearms (two groups that interest me). But they usually begin quietly with large numbers of so-called experts remaining highly skeptical, which has been the case for the last few months. The fact they're skeptical means that those same people are not in the market. That's actually bullish because stocks will go up as these investors come off the sidelines. The recent lack of selling pressure is another positive. Since early August, the S&P 500 has ground higher, slowly but surely, with plenty of opportunities for people to sell at the highs. Yet it simply hasn't happened. This has been especially true in the last week. There are reasons, obviously, to be cautious. Most people will cite "worries about Europe" or "a lack of stimulus from the Fed," but I see things differently. For me, the main concerns are technical chart patterns--namely, bearish momentum potentially affecting many charts. The euro is a case in point. The CurrencyShares Euro Trust (FXE) has been getting squeezed higher and is now parked at its 200-day moving average. Does it keep rallying straight up? There is a good chance that the answer is no. The same is true for a stock like Alcoa (AA). The downside risk looks minimal because it has formed some substantial support around $8 and could now be coming back from the dead. But it too is sitting at its 200-day moving average. In my view, options make it easier to play these names. For example, we know that AA will probably hold $8. You can sell the October 8 puts for $0.05 and buy the October 11 calls for the same price, so you will pay nothing but the commission. If AA rallies, you'll clean up. If it drops to $8, you'll buy shares, but you'd want to buy at that support level anyway. And if it does nothing, then the whole position simply goes away. That way you have long exposure but don't have to mess with all the back-and-forth that could occur at these levels over the next few weeks. Alternatively, you can use the "strangled long" strategy: Say you want to own 200 shares. You then buy 100 for about $9.40 while selling 1 October 9 put for $0.23 and 1 October 10 call for $0.15, lowering your cost basis to about $9.02. If it pulls back to $9, you get assigned another 100 shares for that price but, including the credit earned, that second block of stock would cost you $8.62. If AA rallies to $10, you will have to sell your 100 shares for that price. But including the credit, your effective exit would actually be $10.38. Turning to researchLAB , two groups that have been grabbing some attention recently are the cruise ship operators and the commercial real-estate management companies. Both got battered by global economic worries, but they've also been outperforming the S&P 500 in the last month. And don't forget about obesity drugs , which have pulled back after huge rallies and could now be ready for more upside. Finally, here are two smaller individual names trending higher that are now showing some nice pullbacks: 3D Systems (DDD) : Seems to be bouncing around the same $37 level where it peaked in early July. Earnings have been so-so, but revenue is growing around 50 percent a year and short interest is more than 30 percent of the float. StemCells (STEM) : It started lifting in July after its use of adult stem cells showed promise treating Alzheimer's disease. Earnings were good in August and more positive data followed on Sept. 4. Small drug developers have been hot for more than a year now as potential takeover candidates, and STEM could now benefit from that trend as well. (A version of this article appeared in optionMONSTER's What's the Trade? newsletter of Sept. 12.) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The same is true for a stock like Alcoa (AA). For example, we know that AA will probably hold $8. If AA rallies, you'll clean up.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The same is true for a stock like Alcoa (AA). For example, we know that AA will probably hold $8.	If AA rallies to $10, you will have to sell your 100 shares for that price. The same is true for a stock like Alcoa (AA). For example, we know that AA will probably hold $8.	If AA rallies to $10, you will have to sell your 100 shares for that price. The same is true for a stock like Alcoa (AA). For example, we know that AA will probably hold $8.
1543.0	2012-09-10 00:00:00 UTC	After Hours Most Active for Sep 10, 2012 : NIHD, AA, PAY, DELL, BAC, QQQ, STT, INTC, AIG, DRYS, HBAN, CVH	AA	https://www.nasdaq.com/articles/after-hours-most-active-sep-10-2012-nihd-aa-pay-dell-bac-qqq-stt-intc-aig-drys-hban-cvh	nan	nan	The NASDAQ 100 After Hours Indicator is down -1.3 to 2,787.05. The total After hours volume is currently 23,698,554 shares traded. The following are the most active stocks for the after hours session : NII Holdings, Inc. ( NIHD ) is +0.0829 at $6.40, with 3,015,946 shares traded. NIHD's current last sale is 53.36% of the target price of $12. Alcoa Inc. ( AA ) is +0.0081 at $9.06, with 1,896,299 shares traded. AA's current last sale is 90.58% of the target price of $10. Verifone Systems, Inc. ( PAY ) is unchanged at $32.17, with 1,005,092 shares traded. PAY's current last sale is 76.6% of the target price of $42. Dell Inc. ( DELL ) is -0.004 at $10.61, with 843,790 shares traded. DELL's current last sale is 75.79% of the target price of $14. Bank of America Corporation ( BAC ) is -0.03 at $8.55, with 834,260 shares traded. BAC's current last sale is 95% of the target price of $9. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.01 at $68.55, with 724,037 shares traded. This represents a 36.84% increase from its 52 Week Low. State Street Corporation ( STT ) is +0.2086 at $43.11, with 696,602 shares traded. STT's current last sale is 89.81% of the target price of $48. Intel Corporation ( INTC ) is +0.2684 at $23.53, with 676,723 shares traded. INTC's current last sale is 84.03% of the target price of $28. American International Group, Inc. ( AIG ) is -0.01 at $33.29, with 533,518 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.69. AIG's current last sale is 86.47% of the target price of $38.5. DryShips Inc. ( DRYS ) is +0.01 at $2.37, with 527,700 shares traded. DRYS's current last sale is 67.71% of the target price of $3.5. Huntington Bancshares Incorporated ( HBAN ) is -0.015 at $6.67, with 479,963 shares traded. HBAN's current last sale is 95.29% of the target price of $7. Coventry Health Care, Inc. ( CVH ) is unchanged at $41.41, with 452,174 shares traded. CVH's current last sale is 98.6% of the target price of $42. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.0081 at $9.06, with 1,896,299 shares traded. AA's current last sale is 90.58% of the target price of $10. The following are the most active stocks for the after hours session : NII Holdings, Inc. ( NIHD ) is +0.0829 at $6.40, with 3,015,946 shares traded.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa Inc. ( AA ) is +0.0081 at $9.06, with 1,896,299 shares traded. AA's current last sale is 90.58% of the target price of $10.	Alcoa Inc. ( AA ) is +0.0081 at $9.06, with 1,896,299 shares traded. AA's current last sale is 90.58% of the target price of $10. Dell Inc. ( DELL ) is -0.004 at $10.61, with 843,790 shares traded.	AA's current last sale is 90.58% of the target price of $10. Alcoa Inc. ( AA ) is +0.0081 at $9.06, with 1,896,299 shares traded. The NASDAQ 100 After Hours Indicator is down -1.3 to 2,787.05.
1544.0	2012-09-10 00:00:00 UTC	Buy or Sell? Monday's Winners: PPHM, CENX	AA	https://www.nasdaq.com/articles/buy-or-sell-mondays-winners-pphm-cenx-2012-09-10	nan	nan	Among the biggest winners in Monday's early trading are Peregrine Pharmaceutical (Nasdaq: PPHM) and Century Aluminum (Nasdaq: CENX). The key to find winning investments in biotech: focus on companies that can handily exceed the increasingly stringent restrictions placed on Phase II trials. As noted in today's look at falling stocks , troubling Phase II results are tripping up Geron (Nasdaq: GERN) this morning. On the flip side, Peregrine Pharmaceuticals is posting a nice 7.5% gain today precisely because Phase II results appear favorable. The company has been testing bavituximab (Bavi), in conjunction with docetaxel (a biotech analogue version of the drug taxol, which is now thegold standard of treatment for many cancer tumors). In recent months, it has become increasingly apparent that Bavi was quite helpful in boosting the efficacy of docetaxel, boosting the stock from $0.50 in early July to above $4 in recent sessions. The company announced on Friday, Sept. 7, that the Bavi/docetaxel combo led to 11.1 months of survival, compared with 5.6 months for docetaxel alone.Shares are moving higher again today as management confirms what interim data had shown: that Bavi works quite well. "The statistically significant overall survival seen in that study is an obvious green light for us to begin plans to advance the program into Phase III and goes a long way toward validating the technology platform," noted the company in a press release. Frankly, it's a bit hard to figure out where share go from here -- especially after rising nearly 50% in the last two trading sessions and nearly 800% in the third quarter. The company'smarket value now exceeds $500 million, which needs to be measured against the totalmarket opportunity for Bavi. Peregrine has much work ahead of it, including the ability to line up marketing partners that can fund further clinical development, and equally important, the ability to prove that Bavi works well in Phase III clinical trials, where safety concerns are taken into greater account. Aluminum's move On Friday, Sept. 7, investors were treated to an 8.5% gain in Freeport McMoran ( FCX ) . Expectations have been building that looming action from the Federal Reserve will light a fire undercommodity stocks, as has been the case with prior rounds of quantitative easing. (I have doubts that the commodity rally can last as economic troubles in China could erode demand . Still, we can consider Friday to be "copper day" thanks to Freeport's strong one-day gain. And today is shaping up to be "aluminum day." Fed-induced hopes have pushed shares of Alcoa ( AA ) above $9 for the first time since mid-May, and rival Century Aluminum is up an impressive 7% today. As is the case with Alcoa, Century Aluminum has been working throughout 2012 to lower its cost structure. The company is expected to lose around $0.45 a share this year, assuming aluminum prices stay below 90 cents per pound (which appears to be the basis for many analysts' forecasts). Well, thespot price of aluminum just moved back up above 90 cents for the first time since mid-May, largely based on hopes for a fed boost to commodities. On a fundamental basis, there's actually little reason for aluminum -- or any other commodities to keep rising. So caution here is advised. Action to Take --> Peregrine Pharma's strong recent gains suggest that long-term investors now sitting on a bigprofit may look to sell some of their positions. So it may be wiser to see if the stock consolidates lower in the near-term, giving you the chance to learn more about Bavi, and the size of the market opportunity it faces. If you are looking at aluminum producers, then why not go with Alcoa, which in many respects is the industry's strongest operator, with the lowest-cost smelters and the most robust finished products business. Century Aluminum is a big gainer for today, but Alcoa is the class of the field. -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Fed-induced hopes have pushed shares of Alcoa ( AA ) above $9 for the first time since mid-May, and rival Century Aluminum is up an impressive 7% today. The company has been testing bavituximab (Bavi), in conjunction with docetaxel (a biotech analogue version of the drug taxol, which is now thegold standard of treatment for many cancer tumors). "The statistically significant overall survival seen in that study is an obvious green light for us to begin plans to advance the program into Phase III and goes a long way toward validating the technology platform," noted the company in a press release.	Fed-induced hopes have pushed shares of Alcoa ( AA ) above $9 for the first time since mid-May, and rival Century Aluminum is up an impressive 7% today. Among the biggest winners in Monday's early trading are Peregrine Pharmaceutical (Nasdaq: PPHM) and Century Aluminum (Nasdaq: CENX). -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article.	Fed-induced hopes have pushed shares of Alcoa ( AA ) above $9 for the first time since mid-May, and rival Century Aluminum is up an impressive 7% today. Among the biggest winners in Monday's early trading are Peregrine Pharmaceutical (Nasdaq: PPHM) and Century Aluminum (Nasdaq: CENX). The company announced on Friday, Sept. 7, that the Bavi/docetaxel combo led to 11.1 months of survival, compared with 5.6 months for docetaxel alone.Shares are moving higher again today as management confirms what interim data had shown: that Bavi works quite well.	Fed-induced hopes have pushed shares of Alcoa ( AA ) above $9 for the first time since mid-May, and rival Century Aluminum is up an impressive 7% today. On the flip side, Peregrine Pharmaceuticals is posting a nice 7.5% gain today precisely because Phase II results appear favorable. Well, thespot price of aluminum just moved back up above 90 cents for the first time since mid-May, largely based on hopes for a fed boost to commodities.
1545.0	2012-09-04 00:00:00 UTC	Alcoa Gains Control of Evermore - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-gains-control-of-evermore-analyst-blog-2012-09-04	nan	nan	Aluminium giant Alcoa Inc. ( AA ) has announced that it has gained full control of Evermore Recycling, effective August 31, 2012. Evermore Recycling was part of the joint venture between Alcoa and Novelis. Evermore recycling, which is a used beverage container recycling specialist, has now become a part of Alcoa's Global Packaging group and will remain headquartered in Nashville, USA. Alcoa sees a great prospect in recycling and believes that aluminum cans are the most easily recycled containers. The company believes that full control of Evermore Recycling will make its stake stronger in the scrap markets. Aluminum cans take less than two months to be converted into new cans. Moreover, the energy requirement of the recycled cans is almost 95% lesser than the cans using primary metals. Aluminum has the unique ability of being recycled quite a number of times and about two thirds of the aluminum that was first produced in 1888 is still in the market. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company released its second-quarter 2012 results in July 2012. It posted a loss of $2 million (break-even on a per-share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The bottom line was hit by lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share. Revenues decreased 9.4% year over year to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the second quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ), retains a short-term Zacks #3 Rank (Hold). We currently have a long-term Neutral recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminium giant Alcoa Inc. ( AA ) has announced that it has gained full control of Evermore Recycling, effective August 31, 2012. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminium giant Alcoa Inc. ( AA ) has announced that it has gained full control of Evermore Recycling, effective August 31, 2012. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but below the year-ago earnings of 32 cents a share.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminium giant Alcoa Inc. ( AA ) has announced that it has gained full control of Evermore Recycling, effective August 31, 2012. Alcoa sees a great prospect in recycling and believes that aluminum cans are the most easily recycled containers.	Aluminium giant Alcoa Inc. ( AA ) has announced that it has gained full control of Evermore Recycling, effective August 31, 2012. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa sees a great prospect in recycling and believes that aluminum cans are the most easily recycled containers.
1546.0	2012-08-28 00:00:00 UTC	BHP Divests Uranium Deposit - Analyst Blog	AA	https://www.nasdaq.com/articles/bhp-divests-uranium-deposit-analyst-blog-2012-08-28	nan	nan	BHP Billiton Ltd (BHP) recently entered into an agreement with Cameco Corporation to sell its wholly-owned Yeelirrie uranium deposit in Western Australia. The asset sale, subject to relevant approvals from the Australian Foreign Investment Review Board and the Government of Western Australia, is expected to generate proceeds of US$430 million. Yeelirrie Uranium deposit was discovered back in 1972 by Western Mining Corporation and was acquired by BHP in 2005. Located 630 kilometres north-east of Perth in the Northern Goldfields region of Western Australia, Yeelirrie is one of the finest uranium deposits and preferred by miners. Post asset disposition, Cameco, one of the world's largest publicly listed uranium producers is expected to carry this promising Yeelirrie project forward with greater zeal and responsibility. Dean Dalla Valle, the Uranium President at BHP Biliton, seems contented regarding this divestiture deal with Cameco. Billiton's high quality resource base and low-cost operations ensure significant competitive advantage over the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ). The company's strategic acquisitions, as well as divestiture of non-performing assets help to control and strengthen its balance sheet, raising investor confidence. BHP, one of the world's largest diversified resource companies operating in mineral exploration, production and processing, oil and gas exploration and development, and steel production and merchandising, remains positive based on an improving global economy driven by urbanization and industrialization in the future. Currently, we are maintaining a long-term 'Neutral' recommendation on BHP. Also, the company has a Zacks #5 Rank, implying a short-term (1-3 months) 'Strong Sell' rating. ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Billiton's high quality resource base and low-cost operations ensure significant competitive advantage over the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ). ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. The asset sale, subject to relevant approvals from the Australian Foreign Investment Review Board and the Government of Western Australia, is expected to generate proceeds of US$430 million.	ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. Billiton's high quality resource base and low-cost operations ensure significant competitive advantage over the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ). BHP Billiton Ltd (BHP) recently entered into an agreement with Cameco Corporation to sell its wholly-owned Yeelirrie uranium deposit in Western Australia.	ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. Billiton's high quality resource base and low-cost operations ensure significant competitive advantage over the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ). BHP Billiton Ltd (BHP) recently entered into an agreement with Cameco Corporation to sell its wholly-owned Yeelirrie uranium deposit in Western Australia.	Billiton's high quality resource base and low-cost operations ensure significant competitive advantage over the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ). ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. BHP Billiton Ltd (BHP) recently entered into an agreement with Cameco Corporation to sell its wholly-owned Yeelirrie uranium deposit in Western Australia.
1547.0	2012-08-28 00:00:00 UTC	After Hours Most Active for Aug 28, 2012 : T, HPQ, KFT, AA, QQQ, VRSN, PHM, BAC, JPM, VXUS, FITB, MYL	AA	https://www.nasdaq.com/articles/after-hours-most-active-aug-28-2012-t-hpq-kft-aa-qqq-vrsn-phm-bac-jpm-vxus-fitb-myl-2012	nan	nan	The NASDAQ 100 After Hours Indicator is up .08 to 2,782.77. The total After hours volume is currently 20,499,069 shares traded. The following are the most active stocks for the after hours session : AT&T Inc. ( T ) is +0.1014 at $36.74, with 1,907,457 shares traded. T's current last sale is 102.06% of the target price of $36. Hewlett-Packard Company ( HPQ ) is +0.03 at $16.93, with 1,450,253 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Oct 2012. The consensus EPS forecast is $1.16. , following a 52-week high recorded in today's regular session. Kraft Foods Inc. ( KFT ) is -0.0068 at $41.85, with 1,363,914 shares traded. As reported by Zacks, the current mean recommendation for KFT is in the "buy range". Alcoa Inc. ( AA ) is unchanged at $8.50, with 1,049,510 shares traded. AA's current last sale is 85% of the target price of $10. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.03 at $68.37, with 1,017,697 shares traded. This represents a 36.48% increase from its 52 Week Low. VeriSign, Inc. ( VRSN ) is unchanged at $47.26, with 952,873 shares traded. VRSN's current last sale is 102.74% of the target price of $46. PulteGroup, Inc. ( PHM ) is -0.1242 at $13.16, with 868,850 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.2. PHM's current last sale is 93.97% of the target price of $14. Bank of America Corporation ( BAC ) is +0.005 at $7.97, with 824,747 shares traded. BAC's current last sale is 88.5% of the target price of $9. J P Morgan Chase & Co ( JPM ) is +0.07 at $37.20, with 752,249 shares traded. As reported by Zacks, the current mean recommendation for JPM is in the "buy range". Vanguard STAR Funds Vanguard Total International Stock ETF ( VXUS ) is -0.05 at $43.63, with 665,392 shares traded. This represents a 14.75% increase from its 52 Week Low. Fifth Third Bancorp ( FITB ) is +0.01 at $14.95, with 647,439 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.38. As reported by Zacks, the current mean recommendation for FITB is in the "buy range". Mylan Inc. ( MYL ) is -0.0415 at $23.39, with 520,081 shares traded. As reported by Zacks, the current mean recommendation for MYL is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is unchanged at $8.50, with 1,049,510 shares traded. AA's current last sale is 85% of the target price of $10. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Oct 2012.	Alcoa Inc. ( AA ) is unchanged at $8.50, with 1,049,510 shares traded. AA's current last sale is 85% of the target price of $10. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012.	Alcoa Inc. ( AA ) is unchanged at $8.50, with 1,049,510 shares traded. AA's current last sale is 85% of the target price of $10. The following are the most active stocks for the after hours session : AT&T Inc. ( T ) is +0.1014 at $36.74, with 1,907,457 shares traded.	Alcoa Inc. ( AA ) is unchanged at $8.50, with 1,049,510 shares traded. AA's current last sale is 85% of the target price of $10. The NASDAQ 100 After Hours Indicator is up .08 to 2,782.77.
1548.0	2012-08-24 00:00:00 UTC	Bulls Lift Dow 100 Points; Banks Move to Buoy Global Economy	AA	https://www.nasdaq.com/articles/bulls-lift-dow-100-points-banks-move-buoy-global-economy-2012-08-24	nan	nan	"The market started off in the red, but strengthened during early afternoon trading, as news came out that the European Central Bank (ECB) is considering setting a yield band target as part of the new bond-buying program," noted Schaeffer's Senior Equities Analyst Joe Bell. "The real push higher came after a letter from Fed Chairman Bernanke to a state representative surfaced, with Ben saying there was room for further action by the central bank." The Dow Jones Industrial Average (DJI) parked in positive territory for the first session out of the last five, but still saw red on the week. Keep reading to see what else was on our radar today: 2 M&A stories that could have a buoyant effect on the broader market. A new species of iron condors ? CBOE announced new range-trading options on the S&P 500 Index (SPX). And now, a look at the numbers... The Dow Jones Industrial Average(DJI - 13,157.97) fought off an early deficit to make its way 100.5 points, or 0.8%, higher for the day. At its session peak, the blue-chip barometer was up 118 points. All but five of the Dow's 30 components enjoyed wins today, as Verizon Communications Inc. ( VZ ) led the outperforming majority with a 2.2% advance. Intel Corporation's ( INTC ) 0.5% pullback paced the four losing issues, while Alcoa Inc. ( AA ) stayed at breakeven. The Dow dropped 0.9% on the week. Likewise, the S&P 500 Index(SPX - 1,411.13) and Nasdaq Composite (COMP - 3,069.79) turned higher for the day. The SPX increased by 9.1 points, or 0.7%, while the COMP leapt 16.4 points, or 0.6%. Over the past five sessions, the SPX faltered 0.5%, and the COMP drifted 0.2% lower. The CBOE Market Volatility Index (VIX - 15.18) ended its four-day win streak today, and fell 4.9% to close at its intraday low. However, the market's fear gauge notched a weekly return of more than 12.8%. Today's highlight : "The Dow ended its four-day losing streak, as the market shook off some of its recent lackluster performance," said Bell. "The durable goods orders came in better than expected as well, mostly led by gains in transportation orders." Turning to today's major market stories... 2 restaurant issues made big acquisitions that could satiate Wall Street bulls. Fashion clothiers Michael Kors Holdings Ltd ( KORS ) and bebe stores, inc. ( BEBE ) were among the equities making notable runs today. Shareholders used covered calls to bet on potential range-bound activity for Facebook Inc (FB) . Put players bought and sold contracts on Cisco Systems, Inc. (CSCO) , while Amazon.com, Inc.'s (AMZN) new annual peak aroused weekly call buyers. Eleventh-hour options bulls tried to take a bite out of Apple Inc. (AAPL) . Aruba Networks, Inc. (ARUN) and Autodesk, Inc. (ADSK) were hit with post-earnings analyst attention. Upside potential in the oil patch? See why Schaeffer's Equities Analyst Bryan Sapp thinks Exxon Mobil Corporation (XOM) could gap higher. For today's activity in commodities, options, and more, head to page 2. Crude futures racked up a second straight loss today. Investors stayed on the sidelines, despite a storm in the Gulf of Mexico that could prove detrimental to supply and production operations there. By the close, October-dated oil inched lower by 12 cents, or 0.1%, to end at $96.15 a barrel. For the week, black gold eked out a 0.1% gain. Conversely, gold futures ticked higher for a second day in a row, after hopes for global economic stimulus were lifted on the ECB's new bond-buying plan and optimism that the Fed will take action soon. Gold for December delivery added 10 cents, to settle at $1,672.90 an ounce. The malleable metal enjoyed a 3.3% rise on the week. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,157.97) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,411.13) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,069.79) - support at 2,400; resistance at 3,400 At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Intel Corporation's ( INTC ) 0.5% pullback paced the four losing issues, while Alcoa Inc. ( AA ) stayed at breakeven. Eleventh-hour options bulls tried to take a bite out of Apple Inc. (AAPL) . "The market started off in the red, but strengthened during early afternoon trading, as news came out that the European Central Bank (ECB) is considering setting a yield band target as part of the new bond-buying program," noted Schaeffer's Senior Equities Analyst Joe Bell.	Intel Corporation's ( INTC ) 0.5% pullback paced the four losing issues, while Alcoa Inc. ( AA ) stayed at breakeven. Eleventh-hour options bulls tried to take a bite out of Apple Inc. (AAPL) . Likewise, the S&P 500 Index(SPX - 1,411.13) and Nasdaq Composite (COMP - 3,069.79) turned higher for the day.	Intel Corporation's ( INTC ) 0.5% pullback paced the four losing issues, while Alcoa Inc. ( AA ) stayed at breakeven. Eleventh-hour options bulls tried to take a bite out of Apple Inc. (AAPL) . The CBOE Market Volatility Index (VIX - 15.18) ended its four-day win streak today, and fell 4.9% to close at its intraday low.	Intel Corporation's ( INTC ) 0.5% pullback paced the four losing issues, while Alcoa Inc. ( AA ) stayed at breakeven. Eleventh-hour options bulls tried to take a bite out of Apple Inc. (AAPL) . At its session peak, the blue-chip barometer was up 118 points.
1549.0	2012-08-23 00:00:00 UTC	BHP Delivers Weak Fiscal Numbers - Analyst Blog	AA	https://www.nasdaq.com/articles/bhp-delivers-weak-fiscal-numbers-analyst-blog-2012-08-23	nan	nan	BHP Billiton Ltd. (BHP) has reported financial results for fiscal year 2012 ended June 30, 2012 with diluted earnings per ordinary share of $2.88, down considerably from $4.27 in the year-ago period. Revenues inched up 0.7% to $72.2 billion from $71.7 billion for the fiscal year ended June 30, 2011. Underlying EBIT and EBIDTA were recorded at $27.2 billion and $33.7 billion, down 14.8% and 9% year over year, respectively. Net operating cash flows decreased marginally to $24.4 billion from $30.1 billion in the corresponding period last year. Capital and exploration expenditure totaled $20.8 billion for the fiscal year ended June 30, 2012. Expenditure on major growth projects came in at $16.3 billion, which includes $5.1 billion on Petroleum projects and $11.2 billion on Minerals projects. Capital expenditure on sustaining and other items stood at $2.0 billion. Exploration expenditure was $2.5 billion, which includes $1.6 billion classified within net operating cash flows. Net financing cash flows included proceeds from borrowings of $13.3 billion. Such proceeds are partially offset by dividend payments of $5.9 billion and debt repayments of $4.3 billion. Net debt, comprising interest bearing liabilities less cash, was $23.6 billion, up from $17.8 billion as of June 30, 2011. Cash and cash equivalent, net of overdrafts, at the end of the period, was recorded at $4.8 billion, down from $10.1 billion a year ago. BHP Billiton maintains a progressive dividend policy, upholding shareholder sentiments and confidence. On August 22, 2012, BHP Billiton declared a final dividend of 57 cents per share ($3,049 million), scheduled to be paid on September 28, 2012. BHP Billiton declared an interim dividend of 55 cents per share on February 8, 2012, which has already been paid to holders on March 22, 2012. BHP Billiton is one of the world's largest diversified resource companies operating in mineral exploration, production and processing, oil and gas exploration and development, and steel production and merchandising. The company competes directly with the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ) and remains positive on the outlook for an improving global economy driven by urbanization and industrialization, in the future ahead. ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The company competes directly with the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ) and remains positive on the outlook for an improving global economy driven by urbanization and industrialization, in the future ahead. ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. BHP Billiton maintains a progressive dividend policy, upholding shareholder sentiments and confidence.	ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. The company competes directly with the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ) and remains positive on the outlook for an improving global economy driven by urbanization and industrialization, in the future ahead. BHP Billiton Ltd. (BHP) has reported financial results for fiscal year 2012 ended June 30, 2012 with diluted earnings per ordinary share of $2.88, down considerably from $4.27 in the year-ago period.	ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. The company competes directly with the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ) and remains positive on the outlook for an improving global economy driven by urbanization and industrialization, in the future ahead. Expenditure on major growth projects came in at $16.3 billion, which includes $5.1 billion on Petroleum projects and $11.2 billion on Minerals projects.	The company competes directly with the likes of Alcoa Inc ( AA ) and Vale S.A ( VALE ) and remains positive on the outlook for an improving global economy driven by urbanization and industrialization, in the future ahead. ALCOA INC (AA): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here. BHP Billiton Ltd. (BHP) has reported financial results for fiscal year 2012 ended June 30, 2012 with diluted earnings per ordinary share of $2.88, down considerably from $4.27 in the year-ago period.
1550.0	2012-08-16 00:00:00 UTC	Alcoa to Divest Rockdale Assets - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-to-divest-rockdale-assets-analyst-blog-2012-08-16	nan	nan	Aluminum giant Alcoa Inc. ( AA ) intends to divest certain assets at its Rockdale, Texas site to Lower Colorado River Authority. The sale will include approximately 34,000 acres of property, all surface and groundwater rights, certain common plant and equipment assets, and Alcoa's power contracts with Luminant. However, Alcoa did not disclose the terms of the deal. The deal is expected to close by early next year subject to requisite approvals and fulfillment of necessary conditions. Alcoa also announced that it will retain the ownership of its smelter and aluminum powder operations at the site. Alcoa had temporarily stalled smelting operations in Rockdale back in 2008 and permanently shut down two of its six lines in January this year to reduce costs due to weak aluminum prices. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company reported a loss of $2 million (break-even on a per-share basis) in the second quarter of 2012 compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The year-over-year decline was due to lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but lower than the year-ago earnings of 32 cents per share. Revenues decreased 9.4% year over year to $5,963 million, but were ahead of the Zacks Consensus Estimate of $5,828 million. While weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ). The stock maintains a Zacks #4 Rank, which translates into a short-term (1 to 3 months) Sell rating. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) intends to divest certain assets at its Rockdale, Texas site to Lower Colorado River Authority. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The sale will include approximately 34,000 acres of property, all surface and groundwater rights, certain common plant and equipment assets, and Alcoa's power contracts with Luminant.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) intends to divest certain assets at its Rockdale, Texas site to Lower Colorado River Authority. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate but lower than the year-ago earnings of 32 cents per share.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) intends to divest certain assets at its Rockdale, Texas site to Lower Colorado River Authority. Alcoa had temporarily stalled smelting operations in Rockdale back in 2008 and permanently shut down two of its six lines in January this year to reduce costs due to weak aluminum prices.	Aluminum giant Alcoa Inc. ( AA ) intends to divest certain assets at its Rockdale, Texas site to Lower Colorado River Authority. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. While weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter.
1551.0	2012-08-16 00:00:00 UTC	Ball Corp to Streamline Production - Analyst Blog	AA	https://www.nasdaq.com/articles/ball-corp-to-streamline-production-analyst-blog-2012-08-16	nan	nan	Ball Corporation ( BLL ) recently announced that it will cut down 12-ounce beverage can and end production capacity by stalling production at its two plants. In response to the current market demand, the company intends to step up its beverage can capacity in North America. The company will incur an after-tax charge of approximately $30 million related to employee severance and benefits, facility shut down and other actions, and the majority of which is expected to be recorded in the third quarter of 2012. The two plants to cease production by the end of 2012 are the metal beverage packaging manufacturing plants in Columbus, Ohio, and Gainesville, Florida, subject to customer requirements. The Columbus plant employs around 110 people and two of its four existing lines manufacture standard 12-ounce cans. The Gainesville plant employs 125 people and produces variety of beverage can ends for standard can sizes. Ball has been witnessing softness in demand for its standard 12-ounce beverage cans. To offset this loss, the company intends to capitalize on the increasing demand for specialty beverage can packaging. Ball Corporation's second-quarter 2012 adjusted earnings stood at 89 cents per share, which exceeded the Zacks Consensus Estimate of 87 cents as well as the year-ago adjusted earnings of 85 cents. Total revenue however decreased 0.6% year over year to $2.296 billion, and missed the Zacks Consensus Estimate of $2.347 billion. Over the past few years, Ball Corporation has closed facilities to evenly match supply with market demand and effectively cut down costs. It has also taken steps to improve its return on invested capital through the redeployment of assets within its operations. The current plant closures will not only help Ball Corporation rationalize costs in a competitive market, but will further align supply with ever changing customer demand. In the rigid packaging industry, reducing costs, increasing prices, developing new products and expanding volumes are all possible avenues available for boosting earnings. Broomfield, Colorado-based Ball Corporation is a manufacturer of metal and plastic packaging, primarily for beverages and foods. It also supplies aerospace and other technologies and services to government and commercial customers. Ball Corporation competes with Alcoa Inc. ( AA ), Rexam plc ( REXMY ) and Silgan Holdings Inc. ( SLGN ). Ball Corp. retains a short-term Zacks #3 Rank (Hold rating). Currently, we have a long-term Neutral recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report BALL CORP (BLL): Free Stock Analysis Report REXAM PLC-ADR (REXMY): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Ball Corporation competes with Alcoa Inc. ( AA ), Rexam plc ( REXMY ) and Silgan Holdings Inc. ( SLGN ). ALCOA INC (AA): Free Stock Analysis Report BALL CORP (BLL): Free Stock Analysis Report REXAM PLC-ADR (REXMY): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report To read this article on Zacks.com click here. The company will incur an after-tax charge of approximately $30 million related to employee severance and benefits, facility shut down and other actions, and the majority of which is expected to be recorded in the third quarter of 2012.	Ball Corporation competes with Alcoa Inc. ( AA ), Rexam plc ( REXMY ) and Silgan Holdings Inc. ( SLGN ). ALCOA INC (AA): Free Stock Analysis Report BALL CORP (BLL): Free Stock Analysis Report REXAM PLC-ADR (REXMY): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report To read this article on Zacks.com click here. In response to the current market demand, the company intends to step up its beverage can capacity in North America.	ALCOA INC (AA): Free Stock Analysis Report BALL CORP (BLL): Free Stock Analysis Report REXAM PLC-ADR (REXMY): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report To read this article on Zacks.com click here. Ball Corporation competes with Alcoa Inc. ( AA ), Rexam plc ( REXMY ) and Silgan Holdings Inc. ( SLGN ). Ball Corporation ( BLL ) recently announced that it will cut down 12-ounce beverage can and end production capacity by stalling production at its two plants.	Ball Corporation competes with Alcoa Inc. ( AA ), Rexam plc ( REXMY ) and Silgan Holdings Inc. ( SLGN ). ALCOA INC (AA): Free Stock Analysis Report BALL CORP (BLL): Free Stock Analysis Report REXAM PLC-ADR (REXMY): Free Stock Analysis Report SILGAN HOLDINGS (SLGN): Free Stock Analysis Report To read this article on Zacks.com click here. Ball Corporation ( BLL ) recently announced that it will cut down 12-ounce beverage can and end production capacity by stalling production at its two plants.
1552.0	2012-08-14 00:00:00 UTC	Last-Minute Selling Pressure Drags Dow, SPX Near Breakeven	AA	https://www.nasdaq.com/articles/last-minute-selling-pressure-drags-dow-spx-near-breakeven-2012-08-14	nan	nan	"The retail sales number coming in much better than expected was a nice change," said Schaeffer's Senior Technical Strategist Ryan Detrick. "This number has been weak the past few months, and today's data confirms the U.S. economy continues to improve. With housing and consumer confidence both slowly improving, this is yet another sign that the U.S. consumer isn't dead, and very well might surprise to the upside during the second half of the year." Although the Dow Jones Industrial Average (DJI) was up early on this news, the blue-chip barometer was flat on the day. Keep reading to see what else was on our radar today: Too little brokerage love could be a good thing for this bull market. A contrarian lesson gleaned from Groupon ( GRPN ) analysts. Plus, the options pits can't get enough if these 3 hot telecom-related issues . And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 13,172.14) was up more than 53 points at its session peak of 13,223.01 today, but lost most of this by the time the closing bell sounded. Ultimately, the Dow inched just 2.7 points, or 0.02%, higher. Seventeen of the 30 components ended lower today, as Alcoa Inc. ( AA ) led the laggards with a 1.6% slide. The Home Depot, Inc.'s ( HD ) 3.6% earnings-related bounce paced the winning minority. The S&P 500 Index's(SPX - 1,403.93) couldn't keep its early gains, and drifted to a fractional loss for the session. Meanwhile, the Nasdaq Composite (COMP - 3,016.98) also parked in the red today, giving up 5.5 points, or 0.2%. The CBOE Market Volatility Index (VIX - 14.85) increased by 8.4% today, and landed just below its intraday high of 15.06. This marked the VIX's third consecutive settlement below 15. Today's highlight : "Again, it came down to technicals, and once again the Russell 2000 Index (RUT) found trouble near the 800 level," noted Detrick. "This isn't the end of the world, but my take is we need the RUT above this area for the bull market's next leg higher to take place." Turning to today's major market stories... See why a dearth of analyst attention bodes well for this bull market. Wal-Mart Stores, Inc. ( WMT ) and Southwest Airlines Co. ( LUV ) were tapped with analyst adjustments today. Weekly Contrarian : Why Sears Holdings Bears Should Be On Guard. A court case could be behind the glut of call buying on Suntech Power Holdings Co., Ltd. (ADR) (STP) . Highs & Lows : Stocks at new peaks easily outshined those notching new bottoms. Pre-earnings option activity spiked on Pandora Media Inc (P) and Applied Materials, Inc. (AMAT) . Put players lined each side of the aisle on Akamai Technologies, Inc. (AKAM) . Front-month calls flew off the shelf as Google Inc (GOOG) rallied and Ciena Corporation (CIEN) turned south . Option Trends : Alcatel Lucent SA (ALU), Leap Wireless International, Inc. (LEAP), and Nokia Corporation (NOK). Schaeffer's Senior Equities Analyst Joe Bell examined Wall Street sentiment after Groupon's ( GRPN ) disappointing earnings report. For today's activity in commodities, options, and more, head to page 2. Oil futures ended the day in positive territory, following a better-than-expected U.S. retail sales report and well-received economic reports out of the euro zone. The commodity was also supported by elevated supply concerns out of the North Sea and the Middle East. September-dated crude gained 70 cents, or 0.8%, to settle at $93.43 a barrel. Gold futures racked up a second straight day in the red, as macroeconomic data depleted safe-haven demand. As the greenback gained momentum, gold for December delivery peeled back $10.20, or 0.6%, to close at $1,602.40 an ounce. This marked the malleable metal's lowest price since August 2. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,172.14) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,403.93) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,016.98) - support at 2,400; resistance at 3,400 Click through to read coverage of today's notable annual highs and lows . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Seventeen of the 30 components ended lower today, as Alcoa Inc. ( AA ) led the laggards with a 1.6% slide. "The retail sales number coming in much better than expected was a nice change," said Schaeffer's Senior Technical Strategist Ryan Detrick. The Dow Jones Industrial Average (DJI - 13,172.14) was up more than 53 points at its session peak of 13,223.01 today, but lost most of this by the time the closing bell sounded.	Seventeen of the 30 components ended lower today, as Alcoa Inc. ( AA ) led the laggards with a 1.6% slide. Although the Dow Jones Industrial Average (DJI) was up early on this news, the blue-chip barometer was flat on the day. The Dow Jones Industrial Average (DJI - 13,172.14) was up more than 53 points at its session peak of 13,223.01 today, but lost most of this by the time the closing bell sounded.	Seventeen of the 30 components ended lower today, as Alcoa Inc. ( AA ) led the laggards with a 1.6% slide. The Dow Jones Industrial Average (DJI - 13,172.14) was up more than 53 points at its session peak of 13,223.01 today, but lost most of this by the time the closing bell sounded. Turning to today's major market stories... See why a dearth of analyst attention bodes well for this bull market.	Seventeen of the 30 components ended lower today, as Alcoa Inc. ( AA ) led the laggards with a 1.6% slide. "The retail sales number coming in much better than expected was a nice change," said Schaeffer's Senior Technical Strategist Ryan Detrick. The Dow Jones Industrial Average (DJI - 13,172.14) was up more than 53 points at its session peak of 13,223.01 today, but lost most of this by the time the closing bell sounded.
1553.0	2012-08-13 00:00:00 UTC	Dow Dips, SPX Snaps Winning Streak as Bulls Take a Breather	AA	https://www.nasdaq.com/articles/dow-dips-spx-snaps-winning-streak-bulls-take-breather-2012-08-13	nan	nan	"After the S&P 500 Index (SPX) gained for six straight sessions, a little pause was well deserved," said Schaeffer's Senior Technical Strategist Ryan Detrick. "Still, considering the losses were muted, you have to hand it to the bulls for hanging tough yet again." After falling 95 points to an intraday low of 13,112.94, the Dow Jones Industrial Average (DJI) battled back for a slimmer loss on the day. Keep reading to see what else was on our radar today: Small caps versus large caps : these bellwethers battle to control current-market momentum. The broader market could get a healthy boost from Apple Inc.'s ( AAPL ) recent rally . Plus, how well does the SPX perform during August expiration week ? And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 13,169.43) saw a sixth consecutive settlement atop 13,100, but ultimately closed lower on the day. By the closing bell, the blue-chip barometer lopped off 38.5 points, or 0.3%. All but five components turned south today, as Alcoa Inc. ( AA ) led the 25 losers with a 1.7% slide. American Express Company ( AXP ) paced the outperformers with a 0.5% rise. The S&P 500 Index's(SPX - 1,404.11) string of six straight wins came to an end with today's narrow loss, though the index kept its perch above 1,400. For the session, the SPX slipped 1.8 points, or 0.1%. On the other hand, the Nasdaq Composite (COMP - 3,022.52) climbed to a minor victory, notching a second consecutive day atop 3,020 for the tech-rich benchmark. The CBOE Market Volatility Index(VIX - 13.70) dropped 7.1% today, and landed just above its session low of 13.67. This marked the VIX's lowest close since June 2007. Today's highlight : "I'm looking forward to tomorrow," noted Detrick. "With retail sales on tap, we have potential market-moving news that could trigger some volatility. Given this has been a rather sleepy market over the past week or so, some movement would be a nice change to wake up market participants." Turning to today's major market stories... With small caps in the driver's seat , the broad-market rally could gain momentum. Analysts weighed in on retailers Bed Bath & Beyond Inc. ( BBBY ) and J.C. Penney Company, Inc. ( JCP ) . Despite an analyst-induced pullback, option buyers scooped bullish bets on Yahoo! Inc. (YHOO) . Michael Kors Holdings Ltd (KORS) saw its front-month options fly off the shelves. Pre-earnings put buying ramped up on Dollar Tree, Inc. (DLTR) . Highs & Lows : Equities reaching new peaks easily outnumbered stocks at fresh lows today. Put players predicted a short-term loss for GameStop Corp. (GME) . Schaeffer's contributor Alan Knuckman suggested options to construct a spread strategy on bonds . For today's activity in commodities, options, and more, head to page 2. A sluggish session also ended poorly for gold futures, as the malleable metal reversed its recent three-day upswing today. By the close, December-dated gold gave up $10.20, or 0.6%, to end at $1,612.60 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,169.43) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,404.11) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 3,022.52) - support at 2,400; resistance at 3,400 Click through to read coverage of today's notable annual highs and lows . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The broader market could get a healthy boost from Apple Inc.'s ( AAPL ) recent rally . All but five components turned south today, as Alcoa Inc. ( AA ) led the 25 losers with a 1.7% slide. "After the S&P 500 Index (SPX) gained for six straight sessions, a little pause was well deserved," said Schaeffer's Senior Technical Strategist Ryan Detrick.	The broader market could get a healthy boost from Apple Inc.'s ( AAPL ) recent rally . All but five components turned south today, as Alcoa Inc. ( AA ) led the 25 losers with a 1.7% slide. After falling 95 points to an intraday low of 13,112.94, the Dow Jones Industrial Average (DJI) battled back for a slimmer loss on the day.	The broader market could get a healthy boost from Apple Inc.'s ( AAPL ) recent rally . All but five components turned south today, as Alcoa Inc. ( AA ) led the 25 losers with a 1.7% slide. The S&P 500 Index's(SPX - 1,404.11) string of six straight wins came to an end with today's narrow loss, though the index kept its perch above 1,400.	The broader market could get a healthy boost from Apple Inc.'s ( AAPL ) recent rally . All but five components turned south today, as Alcoa Inc. ( AA ) led the 25 losers with a 1.7% slide. For the session, the SPX slipped 1.8 points, or 0.1%.
1554.0	2012-08-10 00:00:00 UTC	Alcoa Deploys Drill Pipe in Brunei - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-deploys-drill-pipe-in-brunei-analyst-blog-2012-08-10	nan	nan	Aluminum giant Alcoa Inc. ( AA ) has announced that its Alcoa Oil and Gas Division has set up a 1800 meters (5,905 feet) long Aluminum Alloy Drill Pipe (AADP) in the Iron Duke Well C offshore Seria, Brunei. The company has collaborated with Brunei Shell Petroleum Co. ("BSP") and AMRTUR Corp. on the project. The Iron Duke Well is considered to be the most complicated amongst those operated by BSP as it has deviations in the form of three "S" shaped curves and a big horizontal section measuring 5,000 metres. The well was drilled up to 7,485 meters in about 60 meters (197 feet) of water. Earlier, high cantilever loading, high torque, high drag, high sideforce, and casing wear concerns were the main hindrances faced by BSP. Alcoa's light aluminum alloy pipes were identified as means to tackle these problems and also help maximizing recovery and minimizing cost. The Aluminum Alloy Drill Pipe is about 40% lighter than steel pipes and has the potential to significantly reduce drill string hook load. The tube uses a proprietary thermal connection technology that allows steel tool joints to be attached to the aluminum pipe body. The tubes are produced at Alcoa's Lafayette, Indiana, facility and the finished drill pipes are assembled at its Oil & Gas facility in Houston, Texas. BSP is planning to deploy AADP on other wells in Brunei and is also planning a drilling project using AADP in New Zealand. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. The company reported a loss of $2 million (break-even on a per-share basis) in the second quarter of 2012 compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The year-over-year decline was due to lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate and lower than the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year to $5,963 million, but were ahead of the Zacks Consensus Estimate of $5,828 million. While weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the second quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa competes with Aluminum Corporation of China Limited (ACH ) and RioTinto plc. ( RIO ). The stock maintains a Zacks #4 Rank, which translates into a short-term (1 to 3 months) Sell rating. We currently have a long-term Neutral recommendation on Alcoa. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) has announced that its Alcoa Oil and Gas Division has set up a 1800 meters (5,905 feet) long Aluminum Alloy Drill Pipe (AADP) in the Iron Duke Well C offshore Seria, Brunei. BSP is planning to deploy AADP on other wells in Brunei and is also planning a drilling project using AADP in New Zealand. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here.	Aluminum giant Alcoa Inc. ( AA ) has announced that its Alcoa Oil and Gas Division has set up a 1800 meters (5,905 feet) long Aluminum Alloy Drill Pipe (AADP) in the Iron Duke Well C offshore Seria, Brunei. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. BSP is planning to deploy AADP on other wells in Brunei and is also planning a drilling project using AADP in New Zealand.	Aluminum giant Alcoa Inc. ( AA ) has announced that its Alcoa Oil and Gas Division has set up a 1800 meters (5,905 feet) long Aluminum Alloy Drill Pipe (AADP) in the Iron Duke Well C offshore Seria, Brunei. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. BSP is planning to deploy AADP on other wells in Brunei and is also planning a drilling project using AADP in New Zealand.	Aluminum giant Alcoa Inc. ( AA ) has announced that its Alcoa Oil and Gas Division has set up a 1800 meters (5,905 feet) long Aluminum Alloy Drill Pipe (AADP) in the Iron Duke Well C offshore Seria, Brunei. BSP is planning to deploy AADP on other wells in Brunei and is also planning a drilling project using AADP in New Zealand. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here.
1555.0	2012-08-07 00:00:00 UTC	Stock Market News for August 7, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-august-7-2012-market-news-2012-08-07	nan	nan	Benchmarks had a quiet session on Monday in the absence of major domestic headlines and ended with meager gains. Positive sentiment created by nonfarm payroll data released on Friday overflowed into Monday as well. Meanwhile, Spanish Economy Minister Luis de Guindos said that there is no need for any further austerity measures. Also, representatives from the troika of IMF, ECB and European Commission concluded its visit to Greece last Sunday. Hopes of help from the ECB also lingered to add to the gains. The Dow Jones Industrial Average (DJI) gained 0.2% and ended at 13,117.51. The Standard & Poor 500 (S&P 500) also added 0.2% to finish yesterday's trading session at 1,394.23. The tech-laden Nasdaq Composite Index increased 0.7% and closed at 2,989.91. The fear-gauge CBOE Volatility Index (VIX) edged up almost 2.0% and settled at 15.95. Consolidated volumes on the New York Stock Exchange, Nasdaq and the American Stock Exchange were roughly 5.33 billion shares, sharply lower than last year's daily average of 7.84 billion. Advancers outran the decliners on the NYSE; as for 61% stocks that gained, 35% stocks ended lower. Interestingly enough, the Dow rose on Monday for the first time since May 21. For nine consecutive Mondays, the Dow had settled in negative territory, its longest losing streak since 1973. 19 of the 30 Dow components ended in the green. Prominent gainers included Alcoa Inc. (NYSE: AA ), Bank of America Corp (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), E I Du Pont De Nemours And Co (NYSE: DD ) and Caterpillar Inc. (NYSE: CAT ) and they jumped 1.6%, 2.8%, 2.1%, 2.4%, 1.4% and 1.6%, respectively. Gains were meager yesterday; but were sufficient to ensure that benchmarks closed the trading session on a three-month high. This was primarily due to the strong gains made on Friday. While Usain Bolt treated us to yet another lightning fast run, benchmarks also had a robust upward rally on Friday. The Dow gained the lowest, by 1.7%. Better-than-expected nonfarm payroll data boosted sentiment and also reversed the markets' four-day losing streak on the closing day of last week. On Monday, the positive sentiment from jobs data continued to boost indices. The day lacked any major domestic headlines, Friday's addition of 163,000 nonfarm payroll employment in July was a significant jump from the addition of 64, 000 jobs in June (revised downwards from the original level of 80, 000). The figure was also clearly ahead of consensus estimates that projected the addition of 99, 000 jobs. The Fed had suggested that jobs data was an important criterion for it to decide whether fresh economic measures were needed. But robust jobs numbers have not shut the doors on a possible third round of quantitative easing (QE3). The general sentiment is that the rise in the unemployment rate to 8.3% from 8.2% has kept the door open for that possibility. Thus, while those hopes spilled over to Friday, investors were also hoping that the European Central Bank (ECB) would make a move to buyback Spanish and Italian bonds. Reportedly, German Chancellor Angela Merkel is also in favor of the plan and has said that the German government is "not worried" about the move. Separately, representatives of ECB, European Commission and International Monetary Fund, collectively called the troika, concluded their Greece visit and have met Greece's Finance Minister Yannis Stournaras. Reports suggested that the troika and Greece agreed that they need to strengthen 'policy efforts'. However, the troika noted that the nation has been able to progress a great deal following budgetary cuts. Meanwhile, the Spanish economy minister ruled out the need of any more austerity measures. However, he said the nation would now seek aid from the European rescue fund. The minister also urged European members to place their trust in Spain and said the nation has provided "more than enough signs that it deserves that confidence". ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Prominent gainers included Alcoa Inc. (NYSE: AA ), Bank of America Corp (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), E I Du Pont De Nemours And Co (NYSE: DD ) and Caterpillar Inc. (NYSE: CAT ) and they jumped 1.6%, 2.8%, 2.1%, 2.4%, 1.4% and 1.6%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here. Benchmarks had a quiet session on Monday in the absence of major domestic headlines and ended with meager gains.	Prominent gainers included Alcoa Inc. (NYSE: AA ), Bank of America Corp (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), E I Du Pont De Nemours And Co (NYSE: DD ) and Caterpillar Inc. (NYSE: CAT ) and they jumped 1.6%, 2.8%, 2.1%, 2.4%, 1.4% and 1.6%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here. The day lacked any major domestic headlines, Friday's addition of 163,000 nonfarm payroll employment in July was a significant jump from the addition of 64, 000 jobs in June (revised downwards from the original level of 80, 000).	ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here. Prominent gainers included Alcoa Inc. (NYSE: AA ), Bank of America Corp (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), E I Du Pont De Nemours And Co (NYSE: DD ) and Caterpillar Inc. (NYSE: CAT ) and they jumped 1.6%, 2.8%, 2.1%, 2.4%, 1.4% and 1.6%, respectively. The day lacked any major domestic headlines, Friday's addition of 163,000 nonfarm payroll employment in July was a significant jump from the addition of 64, 000 jobs in June (revised downwards from the original level of 80, 000).	Prominent gainers included Alcoa Inc. (NYSE: AA ), Bank of America Corp (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), E I Du Pont De Nemours And Co (NYSE: DD ) and Caterpillar Inc. (NYSE: CAT ) and they jumped 1.6%, 2.8%, 2.1%, 2.4%, 1.4% and 1.6%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report To read this article on Zacks.com click here. Advancers outran the decliners on the NYSE; as for 61% stocks that gained, 35% stocks ended lower.
1556.0	2012-08-06 00:00:00 UTC	Stock Market News for August 6, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-august-6-2012-market-news-2012-08-06	nan	nan	A strong nonfarm payroll report helped benchmarks snap their four-day losing streak on Friday. More importantly, strategists believed that better-than-expected jobs data did not completely rule out chances of further economic stimulus from the central bank. The Dow had its best day since June 29, while the S&P 500 was at its highest level since May. Friday's gains also ensured that benchmarks finished in the green for the week; despite registering only paltry gains. The Dow Jones Industrial Average (DJI) gained 217.29 points or 1.7% and ended at 13,096.17. The Standard & Poor 500 (S&P 500) jumped 1.9% to finish Friday's trading session at 1,390.99. The tech-laden Nasdaq Composite Index surged a robust 2% to close 58.13 points higher at 2,967.90. The fear-gauge CBOE Volatility Index (VIX) slumped almost 11% to settle at 15.64, reflecting easing investor fears. Consolidated volumes on the New York Stock Exchange, NYSE and Nasdaq was 6.8 billion shares. Advancing stocks were far ahead of decliners. For 80% of stocks that gained, 17% stocks closed in the red. The Dow registered its best one-day performance since late June, rebounding to the psychological 13, 000 level. This level is a key indicator for the markets as it boosts investor confidence. Further, Friday's gains helped the Dow close in the green for the week. For the blue-chip index, Verizon Communications Inc. (NYSE: VZ ) was the only stock among the 30 Dow components that ended in negative territory, dropping 0.4%, while McDonald's Corp. (NYSE: MCD ) ended flat. Among the remaining 28 components, Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), General Electric Company (NYSE: GE ), Hewlett-Packard Company (NYSE: HPQ ), Kraft Foods Inc. (NASDAQ: KFT ), Procter & Gamble Co. (NYSE: PG ), United Technologies Corp. (NYSE: UTX ) led the gains moving up 2.3%, 3.5%, 3.9%, 2.1%, 4.1%, 4.0%, 3.1% and 3.2%, respectively. During the earlier part of last week, investors adopted a wait and watch stance as the Federal Open Market Committee held the crucial two-day meet. However, the meeting concluded with no announcements on quantitative easing. The disappointment was intensified a day later when European Central Bank President Mario Draghi failed to live up to his pledge of doing "whatever it takes" to preserve the Euro-zone. While these key events dampened investor sentiment, nonfarm payroll data easily reversed the markets' losing streak. The U.S. Bureau of Labor Statistics announced that total nonfarm payroll employment jumped 163,000 in July. This was a significant jump from the addition of 64, 000 jobs in June (revised downwards from the original level of 80, 000). The figure was also clearly ahead of consensus estimates that projected the addition of 99, 000 jobs. Professional and business services, food services and drinking places, and manufacturing reported higher employment. Professional and business services employment jumped 49,000 while employment in food services and drinking places and manufacturing were up by 29, 000 and 25, 000, respectively, in July. Investors received much needed relief from better-than-expected nonfarm payroll data. Incidentally, the robust jobs data has not affected the prospects of the third round of bond buyback by the government. The central bank has suggested that their eyes are on the jobs number which one of the prime criteria about the necessity of economic measure. However, the general sentiment is that the rise in the unemployment rate to 8.3% from 8.2% has kept the door open for the central bank to decide on a third round of quantitative easing. Separately, the Institute for Supply Management released its data about economic activity in the non-manufacturing sector. According to the report: "The NMI registered 52.6 percent in July, 0.5 percentage point higher than the 52.1 percent registered in June. This indicates continued growth this month at a slighter faster rate in the non-manufacturing sector". This is marginally higher than consensus estimates of a reading of 52.2. Nonfarm payroll data was not only responsible for Friday's gains, but also helped benchmarks close in the green for the week. The Dow, S&P 500 and Nasdaq ended the week with gains of 0.2%, 0.4% and 0.3%, respectively. The Dow notched up a record in this regard too, enjoying its longest weekly stretch of gains this year. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report KRAFT FOODS INC (KFT): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Among the remaining 28 components, Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), General Electric Company (NYSE: GE ), Hewlett-Packard Company (NYSE: HPQ ), Kraft Foods Inc. (NASDAQ: KFT ), Procter & Gamble Co. (NYSE: PG ), United Technologies Corp. (NYSE: UTX ) led the gains moving up 2.3%, 3.5%, 3.9%, 2.1%, 4.1%, 4.0%, 3.1% and 3.2%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report KRAFT FOODS INC (KFT): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. During the earlier part of last week, investors adopted a wait and watch stance as the Federal Open Market Committee held the crucial two-day meet.	Among the remaining 28 components, Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), General Electric Company (NYSE: GE ), Hewlett-Packard Company (NYSE: HPQ ), Kraft Foods Inc. (NASDAQ: KFT ), Procter & Gamble Co. (NYSE: PG ), United Technologies Corp. (NYSE: UTX ) led the gains moving up 2.3%, 3.5%, 3.9%, 2.1%, 4.1%, 4.0%, 3.1% and 3.2%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report KRAFT FOODS INC (KFT): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Professional and business services, food services and drinking places, and manufacturing reported higher employment.	Among the remaining 28 components, Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), General Electric Company (NYSE: GE ), Hewlett-Packard Company (NYSE: HPQ ), Kraft Foods Inc. (NASDAQ: KFT ), Procter & Gamble Co. (NYSE: PG ), United Technologies Corp. (NYSE: UTX ) led the gains moving up 2.3%, 3.5%, 3.9%, 2.1%, 4.1%, 4.0%, 3.1% and 3.2%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report KRAFT FOODS INC (KFT): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Nonfarm payroll data was not only responsible for Friday's gains, but also helped benchmarks close in the green for the week.	Among the remaining 28 components, Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Cisco Systems, Inc. (NASDAQ: CSCO ), General Electric Company (NYSE: GE ), Hewlett-Packard Company (NYSE: HPQ ), Kraft Foods Inc. (NASDAQ: KFT ), Procter & Gamble Co. (NYSE: PG ), United Technologies Corp. (NYSE: UTX ) led the gains moving up 2.3%, 3.5%, 3.9%, 2.1%, 4.1%, 4.0%, 3.1% and 3.2%, respectively. ALCOA INC (AA): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report KRAFT FOODS INC (KFT): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report To read this article on Zacks.com click here. Friday's gains also ensured that benchmarks finished in the green for the week; despite registering only paltry gains.
1557.0	2012-08-03 00:00:00 UTC	Alcoa Clinches Drill Pipe Contract - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-clinches-drill-pipe-contract-analyst-blog-2012-08-03	nan	nan	Aluminum heavyweight Alcoa Inc. ( AA ) has sealed a major contract from oil and gas exploration company Pennsylvania General Energy ("PGE"). Under the pact, the company will produce and supply 3,500 feet of aluminum alloy drill pipe to PGE for gas drilling in the Marcellus Shale formation of Pennsylvania. PGE was among the first companies to explore and drill a well in the region, in 2005. Alcoa noted that its 4.5 inch drill pipe will extend the reach of the drilling rig on natural gas well in the Marcellus Shale to roughly 7,500 feet, which is 1,000 feet deeper than commonly used steel drill pipe can penetrate without using larger, more expensive rigs. The financial terms of the deal, however, were undisclosed. The novel drill pipe is a tapered, high-strength, aluminum alloy tube powered by the company's proprietary thermal connection technology, which enables tool joints to attach to the aluminum pipe. This increases the pipe's strength-to-weight ratio and allows it to be used with steel pipe. The drill pipe's high strength-to-weight ratio will enable PGE to drill deeper with less energy and increase operating efficiency. The unique design and construction of Alcoa's pipe makes it up to 50% lighter than conventional steel pipe while maintaining the durability and strength of steel. The deal underscores the growing traction of aluminum as a replacement for steel. Alcoa's second-quarter 2012 adjusted earnings of 6 cents a share came in line with the Zacks Consensus Estimate. On a reported basis, the company swung to a loss in the quarter, hit by weak aluminum pricing. Revenues decreased 9.4% year over year to $5,963 million, yet beat the Zacks Consensus Estimate of $5,828 million. While weak aluminum prices dragged down sales, the company saw increased demand across aerospace and automotive markets in the quarter. Alcoa expects demand for aluminum to remain strong moving ahead. Higher demand in the end markets, especially aerospace and automotive, is expected to drive future growth. Alcoa is divesting underperforming assets through its restructuring program. We believe that the company's cost reduction efforts are, to some extent, offsetting the impact of higher energy and raw material costs on its bottom line. We currently have a long-term Neutral recommendation on Alcoa. The company, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ) among others, holds a short-term Zacks #4 Rank (Sell). ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum heavyweight Alcoa Inc. ( AA ) has sealed a major contract from oil and gas exploration company Pennsylvania General Energy ("PGE"). ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. On a reported basis, the company swung to a loss in the quarter, hit by weak aluminum pricing.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum heavyweight Alcoa Inc. ( AA ) has sealed a major contract from oil and gas exploration company Pennsylvania General Energy ("PGE"). Under the pact, the company will produce and supply 3,500 feet of aluminum alloy drill pipe to PGE for gas drilling in the Marcellus Shale formation of Pennsylvania.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum heavyweight Alcoa Inc. ( AA ) has sealed a major contract from oil and gas exploration company Pennsylvania General Energy ("PGE"). Alcoa noted that its 4.5 inch drill pipe will extend the reach of the drilling rig on natural gas well in the Marcellus Shale to roughly 7,500 feet, which is 1,000 feet deeper than commonly used steel drill pipe can penetrate without using larger, more expensive rigs.	Aluminum heavyweight Alcoa Inc. ( AA ) has sealed a major contract from oil and gas exploration company Pennsylvania General Energy ("PGE"). ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Under the pact, the company will produce and supply 3,500 feet of aluminum alloy drill pipe to PGE for gas drilling in the Marcellus Shale formation of Pennsylvania.
1558.0	2012-08-02 00:00:00 UTC	Wall Street Sells on the News; Dow Drops 92 Points	AA	https://www.nasdaq.com/articles/wall-street-sells-news-dow-drops-92-points-2012-08-02	nan	nan	A bearish mood clouded the Street today, knocking the Dow Jones Industrial Average (DJI) down more than 190 points at its intraday low. "Today was all about the European Central Bank (ECB) and the fact that they really didn't say or do anything new. You could argue that the market dropped because the ECB didn't take any immediate action, but I'm in the 'sell the news' camp," said Schaeffer's Senior Technical Strategist Ryan Detrick. "ECB President Mario Draghi said last week that they would do whatever it takes to save the euro, which sparked a big three-day bounce. Remember, that's still on the table and will probably happen. Just not today." Keep reading to see what else was on our radar today: What did the market contrarian say to the bonds guru ? See how low expectations and fear-based selling in consumer stocks could have bullish implications. And now, a look at the numbers... Although the Dow Jones Industrial Average (DJI - 12,878.88) closed a second straight day below 13,000, the index managed to bounce from its session low of 12,778.90 and end with a 92.2-point, or 0.7%, deficit. All but four blue chips found a perch in the red, as Alcoa, Inc. ( AA ) led the parade of underperformers with a roughly 3% pullback. On the other hand, Caterpillar Inc. ( CAT ) and Wal-Mart Stores, Inc. ( WMT ) paced the winning minority with gains of 0.6% apiece. The S&P 500 Index (SPX - 1,365.00) and Nasdaq Composite (COMP - 2,909.77) also parked in negative territory on the day. The SPX chewed off 10.1 points, or 0.7%, while the COMP peeled back 10.4 points, or 0.4%. After touching an intraday peak of 19.25, the CBOE Market Volatility Index (VIX - 17.57) fell 7.3% and closed at its session low. The VIX dipped back below 18 for the first time in four days. Today's highlight : "For starters, we finally had a big move on better volume," remarked Detrick. "At the same time, one big concern is that small-caps have been lagging big-caps for quite some time now. This doesn't mean the market will collapse tomorrow, but it sure is something to be aware of and hopefully it will reverse soon." Plus, see what bonds king Bill Gross said to make Ryan smile. Turning to today's major market stories... An overabundance of short selling and skepticism could prompt a contrarian rally for consumer-related stocks . We took a pre-earnings look at LinkedIn Corporation ( LNKD ) with Schaeffer's Senior Options Strategist Tony Venosa. Apparel retailers The Gap Inc. ( GPS )and Abercrombie & Fitch Co. (ANF) made record-breaking moves today. Weekly options players converged on First Solar, Inc. (FSLR) and Bed Bath & Beyond Inc. (BBBY) . Following yesterday's circuit-breaker fiasco, Nokia Corporation (NOK) saw a surge in front-month options activity. Put players bet on a poor second-quarter showing for Chesapeake Energy Corporation (CHK) . Analysts adjusted their positions on biotech stocks Gilead Sciences, Inc. (GILD) and Onyx Pharmaceuticals, Inc. (ONXX) . Options bears think a deeper decline is in store for Dell Inc. (DELL) . Call buyers see a back-month bounce for range-bound Yahoo! Inc. (YHOO) . What does uptrending Toll Brothers Inc (TOL) have to do to get some love around here? For today's activity in commodities, options, and more, head to page 2. Oil futures took a hit today, after speculators were let down by the European Central Bank's (ECB) decision to provide no immediate relief to the debt-strapped euro zone. As the dollar strengthened, September-dated crude gave up $1.78, or 2%, to end at $87.13 a barrel. Likewise, gold futures tumbled for a third consecutive session, as the ECB voted to leave interest rates unchanged, and ECB President Mario Draghi's pledge to save the euro fell flat. Yesterday's remarks by the Federal Reserve also continued to weigh on the commodity. By the close, gold for December delivery tripped $16.60, or 1%, to land at $1,590.70 an ounce. Today marked the lowest daily settlement for the precious metal in over a week. Levels to watch in trading... Dow Jones Industrial Average (DJI - 12,878.88) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,365.00) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,909.77) - support at 2,400; resistance at 3,400 Click the links for coverage on today's notable annual highs and notable annual lows . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	All but four blue chips found a perch in the red, as Alcoa, Inc. ( AA ) led the parade of underperformers with a roughly 3% pullback. You could argue that the market dropped because the ECB didn't take any immediate action, but I'm in the 'sell the news' camp," said Schaeffer's Senior Technical Strategist Ryan Detrick. Although the Dow Jones Industrial Average (DJI - 12,878.88) closed a second straight day below 13,000, the index managed to bounce from its session low of 12,778.90 and end with a 92.2-point, or 0.7%, deficit.	All but four blue chips found a perch in the red, as Alcoa, Inc. ( AA ) led the parade of underperformers with a roughly 3% pullback. A bearish mood clouded the Street today, knocking the Dow Jones Industrial Average (DJI) down more than 190 points at its intraday low. Although the Dow Jones Industrial Average (DJI - 12,878.88) closed a second straight day below 13,000, the index managed to bounce from its session low of 12,778.90 and end with a 92.2-point, or 0.7%, deficit.	All but four blue chips found a perch in the red, as Alcoa, Inc. ( AA ) led the parade of underperformers with a roughly 3% pullback. Although the Dow Jones Industrial Average (DJI - 12,878.88) closed a second straight day below 13,000, the index managed to bounce from its session low of 12,778.90 and end with a 92.2-point, or 0.7%, deficit. Levels to watch in trading... Dow Jones Industrial Average (DJI - 12,878.88) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,365.00) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,909.77) - support at 2,400; resistance at 3,400 Click the links for coverage on today's notable annual highs and notable annual lows .	All but four blue chips found a perch in the red, as Alcoa, Inc. ( AA ) led the parade of underperformers with a roughly 3% pullback. Just not today." The VIX dipped back below 18 for the first time in four days.
1559.0	2012-07-30 00:00:00 UTC	Stock Market News for July 30, 2012 - Market News	AA	https://www.nasdaq.com/articles/stock-market-news-for-july-30-2012-market-news-2012-07-30	nan	nan	The nation's central bank and the European Central Bank sparked off fresh hopes of economic stimulus among investors that boosted benchmarks to their highest levels since early May. The Dow soared above the 13, 000 mark for the first time since May 7. Meanwhile, the S&P 500 touched its highest level since May 3. The Dow Jones Industrial Average (DJI) soared 187.73 points or 1.5% to close at 13,075.66. The Standard & Poor 500 (S&P 500) jumped a sharp 1.9% and finished Friday's trading session at 1,385.97. The tech-laden Nasdaq Composite Index surged 64.84 points or 2.2% to end sufficiently higher at 2,958.09. The fear-gauge CBOE Volatility Index (VIX) dropped 4.7% and settled at 16.70. Consolidated volumes on the New York Stock Exchange, the Nasdaq and the American Stock Exchange were 7.54 billion shares, well above the year-to-date daily average of 6.75 billion shares. Advancing stocks easily outpaced the decliners on the NYSE; as for 81% stocks that gained, only 16% stocks closed in the red. The S&P 500 was at its highest point since May 3. Moreover, the two-day gain of the S&P 500 was the largest since December last year. Meanwhile, the Dow not only crossed the psychological barrier of 13, 000 for the first time since May 7 but settled higher. Friday's gains also ensured that the blue-chip index would post its fifth triple-digit gain out of six sessions. The Dow's robust rally since Wednesday through Friday resulted in the index's best three-day gain this year. The Dow's wait to settle above the 13, 000 mark was comparatively shorter this time around. The last time the Dow moved below that level in May 2008, it had to wait for almost four years to post such a high. It is true that the Dow has only 30 components in its portfolio, but that includes many industry bellwethers and perhaps justifies the importance related to the index crossing a psychological mark. Associated Press noted that crossing the psychological level makes investors' more confident about the economy which would spur them in to invest more. Economic headlines were the major drivers behind the indices gains, especially in case of the Dow. However, individual components of the Dow also played a indices rally on Friday, as none of the 30 Dow components had to close in the red. The biggest gainers among the Dow components included Alcoa, Inc. (NYSE: AA ), Caterpillar Inc. (NYSE: CAT ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), JPMorgan Chase & Co. (NYSE: JPM ), Merck & Co. Inc. (NYSE: MRK ) and AT&T, Inc. (NYSE: T ), which jumped 3.2%, 3.4%, 2.0%, 3.1%, 3.0%, 4.1% and 2.3%, respectively. Coming to the headlines that actually guided the markets; a Bloomberg report confirmed that European Central Bank President Mario Draghi would meet Bundesbank President Jens Weidman and discuss ways to help the euro-zone survive the scare of lingering financial woes. 'Several measures' that Mario Draghi is to discuss include a bond-buyback program. Investors were once again hopeful of new economic stimulus being introduced to improve Europe's flagging economic condition, and this sentiment actually helped lift the benchmarks. European shares ended higher and the ripples spread across the pond to the US. Separately, a report earlier in the day by a French newspaper about ECB preparing to buy bonds of Italy and Spain further fuelled the positive momentum. According to the report in Le Monde (as translated in English): "The European Central Bank (ECB) will not lead only the "great battle" to save the euro. She would prepare, according to our information, a concerted action with the states...While it will take another few days or even weeks to finalize the device in question, the ECB would prepare an operation coordinated with the states may limit the surge in interest rates of Spain , but also the Italy". The report also noted that French President Francois Hollande and German Chancellor Angela Merkel were to discuss these plans and further added: "The President of the ECB and key executives in the euro area have increased contacts in recent days. The negotiations were to continue in the day Friday. A telephone conversation between Francois Hollande and German Chancellor Angela Merkel , was, on this, not excluded in the afternoon." While the ripple effects spread to US and the markets enjoyed a steep upward rally, economic data was dissapointing. The Bureau of Economic Analysis released the Gross Domestic Product (GDP) "advance" estimate, where it noted: "Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.5 percent in the second quarter of 2012, (that is, from the first quarter to the second quarter)". This was marginally higher than consensus estimates that had predicted a growth of 1.4%. However, it was lower than the first quarter's rate of 2%. Nonetheless, the economic reading did not have a negative impact, as investors' hopes for economic stimulus received a boost. For a long time now investors have been hoping for the third round of quantitative easing (QE3), but their hopes have been dashed every time. Now, after a slew of relatively weaker economic reports and a dismal outlook for labor market, investors' belief that the central bank might introduce economic measures gained strength. Eventually, markets remained buoyant based on hopes on the domestic front and the news reports from across the Atlantic. Friday's gains also guaranteed the benchmarks their weekly gains, and the Dow, S&P 500 and Nasdaq were up 2%, 1.7% and 1.1%, respectively. ALCOA INC (AA): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The biggest gainers among the Dow components included Alcoa, Inc. (NYSE: AA ), Caterpillar Inc. (NYSE: CAT ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), JPMorgan Chase & Co. (NYSE: JPM ), Merck & Co. Inc. (NYSE: MRK ) and AT&T, Inc. (NYSE: T ), which jumped 3.2%, 3.4%, 2.0%, 3.1%, 3.0%, 4.1% and 2.3%, respectively. ALCOA INC (AA): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. It is true that the Dow has only 30 components in its portfolio, but that includes many industry bellwethers and perhaps justifies the importance related to the index crossing a psychological mark.	The biggest gainers among the Dow components included Alcoa, Inc. (NYSE: AA ), Caterpillar Inc. (NYSE: CAT ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), JPMorgan Chase & Co. (NYSE: JPM ), Merck & Co. Inc. (NYSE: MRK ) and AT&T, Inc. (NYSE: T ), which jumped 3.2%, 3.4%, 2.0%, 3.1%, 3.0%, 4.1% and 2.3%, respectively. ALCOA INC (AA): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. The report also noted that French President Francois Hollande and German Chancellor Angela Merkel were to discuss these plans and further added: "The President of the ECB and key executives in the euro area have increased contacts in recent days.	The biggest gainers among the Dow components included Alcoa, Inc. (NYSE: AA ), Caterpillar Inc. (NYSE: CAT ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), JPMorgan Chase & Co. (NYSE: JPM ), Merck & Co. Inc. (NYSE: MRK ) and AT&T, Inc. (NYSE: T ), which jumped 3.2%, 3.4%, 2.0%, 3.1%, 3.0%, 4.1% and 2.3%, respectively. ALCOA INC (AA): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. Now, after a slew of relatively weaker economic reports and a dismal outlook for labor market, investors' belief that the central bank might introduce economic measures gained strength.	The biggest gainers among the Dow components included Alcoa, Inc. (NYSE: AA ), Caterpillar Inc. (NYSE: CAT ), Cisco Systems, Inc. (NASDAQ: CSCO ), Hewlett-Packard Company (NYSE: HPQ ), JPMorgan Chase & Co. (NYSE: JPM ), Merck & Co. Inc. (NYSE: MRK ) and AT&T, Inc. (NYSE: T ), which jumped 3.2%, 3.4%, 2.0%, 3.1%, 3.0%, 4.1% and 2.3%, respectively. ALCOA INC (AA): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. The nation's central bank and the European Central Bank sparked off fresh hopes of economic stimulus among investors that boosted benchmarks to their highest levels since early May.
1560.0	2012-07-30 00:00:00 UTC	Hopes Might Be High, But Wall Street Is Wary Before Fed, ECB Meetings	AA	https://www.nasdaq.com/articles/hopes-might-be-high-wall-street-wary-fed-ecb-meetings-2012-07-30	nan	nan	"After a very strong rally late last week, the market seemed to take a bit of a breather today," said Schaeffer's Senior Equities Analyst Joe Bell. "Most market participants are now looking forward to the Federal Reserve and European Central Bank announcements later this week." Although the Dow Jones Industrial Average (DJI) shot higher right out of the gate, the index couldn't keep the momentum going and reversed its three-day rise of more than 3%. Keep reading to see what else was on our radar today: How well have options players positioned themselves during this earnings season? Plus, continuing coverage of earnings-induced options activity. And now, a look at the numbers... After tagging its session peak of 13,128.64 this morning, the Dow Jones Industrial Average (DJI - 13,073.01) pulled back into the red. Though the blue-chip barometer poked its head above breakeven several times after midday, the Dow finally notched a slight 2.7-point, or 0.02%, loss. Sixteen of the 30 components finished lower, with JPMorgan Chase & Co. ( JPM ) leading the laggards with a 2% decline. The Coca-Cola Company ( KO ) paced the 13 winning issues with a 1.4% jump, while Alcoa Inc. ( AA ) remained unchanged. The S&P 500 Index (SPX - 1,385.30) and the Nasdaq Composite (COMP - 2,945.84) endured a similar fate as the Dow, slipping into negative territory after an early run in the green. While the SPX suffered a fractional deficit, the COMP suffered the worst performance of its fellow benchmarks, tumbling 12.3 points, or 0.4%. The CBOE Market Volatility Index (VIX - 18.03) rose nearly 8% today, finding a perch just under its intraday high of 18.08. The VIX ran into resistance at its 32-day moving average. Today's highlight : "AT&T Inc. ( T ) bought another $300 million shares, and The Shaw Group Inc. ( SHAW ) was purchased at a more than 50% premium from Friday's closing price," noted Bell. "This is a great sign that companies still think there is big-time value out there." Turning to today's major market stories... Schaeffer's columnist Adam Warner studied the expectations from the options pits during this earnings season. A large-scale debit spread was constructed on Lululemon Athletica inc. (LULU) . A pair of Dow components reached new peaks today, while two solar power concerns tripped to new lows . Bearish bettors predict a prolonged slide for Trina Solar Limited (TSL). On the heels of Friday's short-selling ban, put buying revved up on Facebook Inc (FB) . Despite a trek in all-time low territory, weekly option bulls are hoping Zynga Inc (ZNGA) will bounce higher . Electronic Arts Inc. (EA) and Cirrus Logic, Inc. (CRUS) were tagged with pre-earnings brokerage notes today. Option strategists employed a bull call spread on Seagate Technology PLC (STX) , as well as long strangles on both Best Buy Co., Inc. (BBY) and AT&T Inc. ( T ) . For today's activity in commodities, options, and more, head to page 2. Crude-oil futures dipped slightly lower today, receiving their first loss in five days. Many speculators appear to be staying on the sidelines ahead of meetings of the Federal Open Market Committee and the European Central Bank. Also on the domestic front, the nonfarm payrolls report and unemployment figures for July will be released on Friday. By the close today, September-dated crude inched lower by 35 cents, or 0.4%, to end at $89.78 a barrel. Make it four wins in a row for gold futures, as hopes mount for new economic stimulus from the U.S. and European Central Bank. Gold for August delivery gained $0.70, or 0.1%, to settle at $1,618.70 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 13,073.01) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,385.30) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,945.84) - support at 2,400; resistance at 3,400 Click the links for coverage on today's notable annual highs and notable annual lows . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The Coca-Cola Company ( KO ) paced the 13 winning issues with a 1.4% jump, while Alcoa Inc. ( AA ) remained unchanged. Although the Dow Jones Industrial Average (DJI) shot higher right out of the gate, the index couldn't keep the momentum going and reversed its three-day rise of more than 3%. The S&P 500 Index (SPX - 1,385.30) and the Nasdaq Composite (COMP - 2,945.84) endured a similar fate as the Dow, slipping into negative territory after an early run in the green.	The Coca-Cola Company ( KO ) paced the 13 winning issues with a 1.4% jump, while Alcoa Inc. ( AA ) remained unchanged. Although the Dow Jones Industrial Average (DJI) shot higher right out of the gate, the index couldn't keep the momentum going and reversed its three-day rise of more than 3%. Despite a trek in all-time low territory, weekly option bulls are hoping Zynga Inc (ZNGA) will bounce higher .	The Coca-Cola Company ( KO ) paced the 13 winning issues with a 1.4% jump, while Alcoa Inc. ( AA ) remained unchanged. "After a very strong rally late last week, the market seemed to take a bit of a breather today," said Schaeffer's Senior Equities Analyst Joe Bell. Turning to today's major market stories... Schaeffer's columnist Adam Warner studied the expectations from the options pits during this earnings season.	The Coca-Cola Company ( KO ) paced the 13 winning issues with a 1.4% jump, while Alcoa Inc. ( AA ) remained unchanged. Crude-oil futures dipped slightly lower today, receiving their first loss in five days. Make it four wins in a row for gold futures, as hopes mount for new economic stimulus from the U.S. and European Central Bank.
1561.0	2012-07-25 00:00:00 UTC	Largest option buying in equities so far	AA	https://www.nasdaq.com/articles/largest-option-buying-equities-so-far-2012-07-25	nan	nan	Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system. Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02. International Game Technology (IGT): About 15,000 October 15 puts were for $2.75 as an investor exited a winning bearish position after the stock fell. IGT is down 15 percent to $12.48. Symantec (SYMC): Investors sold more than 13,000 January 17.50 calls, mostly for $0.51. Volume was below open interest, indicating that existing positions were closed. SYMC rose 15 percent to $15.10. Citigroup (C): Investors sold more than 30,000 August 22 puts for $0.11 to $0.12, looking for the banking giant to hold its ground. C rose 1.78 percent to $25.69. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02.	Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02. International Game Technology (IGT): About 15,000 October 15 puts were for $2.75 as an investor exited a winning bearish position after the stock fell.	Alcoa (AA): An investor purchased 20,000 January 2014 calls for $1.51, looking for the metal stock to rally over the next 18 months. AA is unchanged at $8.02. IGT is down 15 percent to $12.48.
1562.0	2012-07-24 00:00:00 UTC	Obama's "CAFE" Mandate Could Double Demand for this Metal	AA	https://www.nasdaq.com/articles/obamas-cafe-mandate-could-double-demand-metal-2012-07-24	nan	nan	On July 19, I told you about one of the biggest opportunities in commodities since 1997 . If you missed my analysis, the point was simple: Aluminum hasn't been this attractively priced in more than 15 years. But aluminum's depressed price levels aren't the only reason I'm bullish on the metal. In fact, there's another catalyst affecting this commodity right now... and it could increase demand by more than 200% in a little more than a decade. Before I get into that though, let me ask you this... Does your car get 54.5 miles per gallon? Mine doesn't. Not even close. But that's the mandate that has been set down by President Obama's Corporate Average FuelEconomy ( CAFE ) standards. And while you may not have heard about this government edict, the automakers know all about it. The 54.5 miles per gallon rule doesn't go into effect until 2025, but automakers are still scrambling to meet the 2016 CAFE standard of 35.5 miles per gallon. The United States isn't alone either. Other countries are implementing similar rules and regulations. So automotive engineers around the world are under pressure to find ways to squeeze out more miles per gallon from newer models. As with any regulatory change, there will be winners and losers from these tighter fuel-economy standards. Judging by feedback from manufacturers, it seems that steel will relinquish some of itsmarket share to aluminum. Since aluminum is more lightweight than steel, aluminum supports better gas mileage when it's used to make cars. In order to meet the new CAFE mandate, automakers are using more aluminum in the automobile manufacturing process. That's one reason aluminum usage in the auto sector could double by 2025. One of the biggest aluminum miners -- Alcoa (NYSE: AA ) -- is already starting to see the effects of the CAFE mandate... In June, Alcoa's Randall Scheps told a group of industry executives: "We have every car maker calling us, wanting to increase their aluminum content, wanting to start new R&D projects about how they can convert bodies from steel to aluminum, wanting to convert hoods and doors." This comes from Alcoa's director of automotive marketing, so some cheerleading is to be expected. But that doesn't make his comments less true. The next time you get stuck in traffic, staring at an endless line of brake lights in front of you, picture all those hoods and doors rolling off the assembly lines with aluminum instead of steel. As a consumer, I'm not thrilled with the fuel mandates. There's no doubt the costs of complying will be passed along to drivers like you and me. That being said, investors can take advantage of these regulatory catalysts. High-end carmakers such as BMW are already upping their aluminum content. And this could be just the beginning. Right now, the average vehicle is built with 343 pounds of aluminum. Alcoa believes the total will eventually rise to 550 pounds. Multiply that by about the millions of cars and trucks assembled every year, and you understand why aluminum producers could be in for a demand jolt. If Alcoa's forecasts are accurate, auto industry aluminum consumption could double to 24.8 million tons per year by 2025 from 11.5 million tons per year. Don't get me wrong, this investment isn't without risk. The European debt crisis and slowing Chinese growth could hurt demand for automobiles. Not to mention, the mandate changes are still years away and could be adjusted going forward. But still, this is a major catalyst that aluminum producers like Alcoa have going for them right now. With aluminum trading at its lowest relative valuation in the past 15 years -- and Obama's CAFE mandate helping surcharge demand for the lightweight metal -- this look like one of the biggest opportunities in commodities we've seen in years. Good investing! P.S. -- There is an energy crisis looming in the U.S. In case you haven't heard, in six months a major event will take place that could cause 10% of America's electric energy supply to dry up. As the country scrambles to react, one company could shoot up by hundreds of percent. For more information on how toprofit from the coming crisis, click here . -- Nathan Slaughter Nathan Slaughter does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	One of the biggest aluminum miners -- Alcoa (NYSE: AA ) -- is already starting to see the effects of the CAFE mandate... So automotive engineers around the world are under pressure to find ways to squeeze out more miles per gallon from newer models. Multiply that by about the millions of cars and trucks assembled every year, and you understand why aluminum producers could be in for a demand jolt.	One of the biggest aluminum miners -- Alcoa (NYSE: AA ) -- is already starting to see the effects of the CAFE mandate... The 54.5 miles per gallon rule doesn't go into effect until 2025, but automakers are still scrambling to meet the 2016 CAFE standard of 35.5 miles per gallon. If Alcoa's forecasts are accurate, auto industry aluminum consumption could double to 24.8 million tons per year by 2025 from 11.5 million tons per year.	One of the biggest aluminum miners -- Alcoa (NYSE: AA ) -- is already starting to see the effects of the CAFE mandate... The 54.5 miles per gallon rule doesn't go into effect until 2025, but automakers are still scrambling to meet the 2016 CAFE standard of 35.5 miles per gallon. In June, Alcoa's Randall Scheps told a group of industry executives: "We have every car maker calling us, wanting to increase their aluminum content, wanting to start new R&D projects about how they can convert bodies from steel to aluminum, wanting to convert hoods and doors."	One of the biggest aluminum miners -- Alcoa (NYSE: AA ) -- is already starting to see the effects of the CAFE mandate... Don't get me wrong, this investment isn't without risk. But still, this is a major catalyst that aluminum producers like Alcoa have going for them right now.
1563.0	2012-07-20 00:00:00 UTC	Earnings Scorecard: Alcoa - Analyst Blog	AA	https://www.nasdaq.com/articles/earnings-scorecard%3A-alcoa-analyst-blog-2012-07-20	nan	nan	The largest U.S. aluminum producer Alcoa Inc. ( AA ) posted a loss in the second quarter of 2012 due to lower aluminum prices. The company, however, expects demand for aluminum to remain strong in the near term. Second Quarter Flashback The company posted a loss of $2 million (break-even on a per-share basis) in the second quarter of 2012 compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Alcoa stated that aluminum prices dropped 18% year over year and 4% sequentially in the second quarter of 2012. Alcoa witnessed strong performances across all its businesses driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects improved aluminum demand from automobile, aerospace, packaging and commercial transportation end markets. We have discussed the quarterly results at length here: Weak Price Hits Alcoa in 2Q Agreement - Estimate Revisions Estimates for Alcoa have barely moved over the past week. Out of 15 analysts covering the stock, just two analysts have lowered their earnings estimate for the third quarter over the past 7 days while none moved in the opposite direction. An identical trend applies to the estimates for fiscal 2012, with two downward revisions. Estimates for third quarter demonstrates a strong negative bias over the last 30 days with 13 analysts downgrading their forecasts with no upward movement. For fiscal 2012, estimates are negatively inclined over the past month with 14 analysts lowering their forecasts and no positive revisions. Magnitude - Consensus Estimate Trend Estimates for the third quarter and fiscal 2012 haven't moved much over the last week, with each quarterly and annual estimates dropping by a penny. The decline has been much more profound over the last month with estimates for the third quarter decreasing by 14 cents and for fiscal 2012 by 27 cents. The current Zacks Consensus Estimates for the third quarter and 2012 are 3 cents and 29 cents, respectively. Neutral on Alcoa Pennsylvania-based Alcoa Inc. is among the world's leading producers of primary and fabricated aluminum and alumina. The company is engaged in mining, refining, smelting, fabricating and recycling of aluminum. The company is pursuing strategies to move down its cost curves in its upstream businesses, and record profitability in its midstream and downstream businesses. The company aims to achieve these goals by optimizing its portfolio while restructuring its high-cost assets. In the second quarter of 2012, the company's midstream and downstream businesses delivered good results driven by the aerospace and automobile markets. We believe that the company's cost reduction efforts are, to some extent, will offset the impact of higher energy and raw material costs on its bottom line. Alcoa is divesting underperforming assets through its restructuring program. Alcoa also contends with weak pricing. In the quarter, realized metal price and alumina price declined 18% and 17% year over year, respectively, leading to lower revenues. Aluminum prices also decreased 18% year over year in the quarter. The company also competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc . ( RIO ). Currently, the stock maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating and we have a long-term Neutral recommendation on the shares of Alcoa. About Earnings Estimate Scorecard As a PhD from MIT, Len Zacks proved over 30 years ago that earnings estimate revisions are the most powerful force impacting stock prices. He turned this ground breaking discovery into two of the most celebrating stock rating systems in use today. The Zacks Rank for stock trading in a 1 to 3 month time horizon and the Zacks Recommendation for long-term investing (6+ months). These "Earnings Estimate Scorecard" articles help analyze the important aspects of estimate revisions for each stock after their quarterly earnings announcements. Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The largest U.S. aluminum producer Alcoa Inc. ( AA ) posted a loss in the second quarter of 2012 due to lower aluminum prices. Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter.	Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The largest U.S. aluminum producer Alcoa Inc. ( AA ) posted a loss in the second quarter of 2012 due to lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents.	Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The largest U.S. aluminum producer Alcoa Inc. ( AA ) posted a loss in the second quarter of 2012 due to lower aluminum prices. We have discussed the quarterly results at length here: Weak Price Hits Alcoa in 2Q Agreement - Estimate Revisions Estimates for Alcoa have barely moved over the past week.	The largest U.S. aluminum producer Alcoa Inc. ( AA ) posted a loss in the second quarter of 2012 due to lower aluminum prices. Learn more about earnings estimates and our proven stock ratings at http://www.zacks.com/education/ ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter.
1564.0	2012-07-19 00:00:00 UTC	One of the Biggest Opportunities in Commodities Since 1997	AA	https://www.nasdaq.com/articles/one-biggest-opportunities-commodities-1997-2012-07-19	nan	nan	If you want to be successful in the stock market , then sometimes you must think like a contrarian . I've spent 15 years in the investment industry. In that time, I've seen many investors struggle and many others make a fortune. The difference between success and failure usually has little to do with intelligence or analytical skills. Rather, the best investors generally have an ability to stay cool under pressure and the fortitude to break away from the herd when necessary. Keep that in mind with the metal I'm going to tell you about. Since April 2011, prices for this industrial metal have fallen close to 30% -- from $2,667 per ton to under $1,900. But the recent selloff has made this metal cheap... too cheap. And investors who buy now have the opportunity to make a lot of money if prices rebound. The metal I'm talking about is aluminum, a substitute for copper. Back in 1987, and again in 1997, the two metals were close to parity (they cost about the same). But during the past decade, copper prices have quadrupled to $8,800 per ton, while aluminum has remained stuck at $2,000 per ton. This is the most extreme pricing disparity (and thus most advantageous climate for buyers to switch to aluminum) in the past 15 years. This divergence can't last forever. Manufacturers aren't stupid. If there are two industrial metals that can perform similar duties, but one is trading at a discount to the other, then which one do you think they're going to chose? And this isn't just my prediction either... we're already seeing it happening. Right now, aluminum is displacing 400,000 tons of copper usage annually. With aluminum rapidly replacing more and more copper every year, I believe prices will converge not by copper falling, but by aluminum rising. And there are several other factors at play that point to the exact same conclusion. Due to falling prices, many aluminum manufacturers are shutting down some key production operations... helping sop up excess supply. Last October, several Chinese facilities representing 1.7 million tons of annual aluminum smelting were closed. The Henan province went so far as to ban new aluminum projects for the next three years. Alcoa ( AA ) , followed in January with plans to close plants in Texas, Tennessee, Italy and Spain, removing another 530,000 metric tons (12% of the firm's annual capacity) from the market. This is a large cut from the global aluminum assembly line. Some of these plants are just temporarily idled, but others have been completely decommissioned and won't be coming back. And if prices don't rebound soon, then there will be more. With prices languishing near $1 per pound, some research outfits believe 30% of the world's smelters are cash negative right now, meaning they are unprofitable. I've seen other sources say 50% of aluminum plants are currently operating in the red. Let's split the difference and say 40%. That wouldmean two out of every five aluminum smelters worldwide are currently losing money. Only efficient operations are still turning a profit . You're not going to keep producing something that sells for $1 if it costs $1.15 or $1.25 to make it. With aluminum below the industry's cost of production, there will likely be more production curtailments going forward. That's particularly true in China, where there is limited bauxite (a key raw ingredient) and many of the country's inefficient, high-cost smelters are being pinched by rising electricity costs. At the very least, this should mop up some of the excess supply that has kept prices low. Meanwhile, global demand is expected to rise 7% this year to 48 million tons (China will consume about 40% of that). Much of the metal will go to the usual places, such as beer and soft drink cans. But I'm particularly optimistic about the outlook for global auto and commercial aircraft manufacturing -- both of which are heavy users of aluminum. Just in Japan, aluminum imports reached 166,000 tons in April, the third consecutive monthly increase, thanks to a 48% jump in sales to car makers. And Boeing ( BA ) and France's Airbus have 2,581 planes scheduled for delivery in 2012 and 2013. Action to Take --> With plant closures putting a crimp in supplies and buyers demanding a few million extra tons this year, the world could be headed toward an aluminum deficit in the next 12 months. If so, then it would end a six-year surplus -- perhaps marking the turning point from bust to boom. If you're interested in buying aluminum stocks, I cover the metal extensively in my premium newsletter, Scarcity & Real Wealth . Learn more about what's going on in the aluminum market by clicking here . -- Nathan Slaughter Nathan Slaughter does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa ( AA ) , followed in January with plans to close plants in Texas, Tennessee, Italy and Spain, removing another 530,000 metric tons (12% of the firm's annual capacity) from the market. That's particularly true in China, where there is limited bauxite (a key raw ingredient) and many of the country's inefficient, high-cost smelters are being pinched by rising electricity costs. Action to Take --> With plant closures putting a crimp in supplies and buyers demanding a few million extra tons this year, the world could be headed toward an aluminum deficit in the next 12 months.	Alcoa ( AA ) , followed in January with plans to close plants in Texas, Tennessee, Italy and Spain, removing another 530,000 metric tons (12% of the firm's annual capacity) from the market. Meanwhile, global demand is expected to rise 7% this year to 48 million tons (China will consume about 40% of that). -- Nathan Slaughter Nathan Slaughter does not personally hold positions in any securities mentioned in this article.	Alcoa ( AA ) , followed in January with plans to close plants in Texas, Tennessee, Italy and Spain, removing another 530,000 metric tons (12% of the firm's annual capacity) from the market. But during the past decade, copper prices have quadrupled to $8,800 per ton, while aluminum has remained stuck at $2,000 per ton. With aluminum rapidly replacing more and more copper every year, I believe prices will converge not by copper falling, but by aluminum rising.	Alcoa ( AA ) , followed in January with plans to close plants in Texas, Tennessee, Italy and Spain, removing another 530,000 metric tons (12% of the firm's annual capacity) from the market. Since April 2011, prices for this industrial metal have fallen close to 30% -- from $2,667 per ton to under $1,900. And investors who buy now have the opportunity to make a lot of money if prices rebound.
1565.0	2012-07-17 00:00:00 UTC	Alcoa to Control Evermore - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-to-control-evermore-analyst-blog-2012-07-17	nan	nan	Aluminum giant Alcoa Inc. ( AA ) has announced that it is in the process of taking full control of aluminum beverage can recycling company, Evermore Recycling. Evermore Recycling was part of the joint venture between Alcoa and Novelis and both the companies purchased more recycled cans than any other group in the world. Under the new agreement with Novelis, Alcoa will assume the full ownership and operation of Evermore Recycling. Evermore will be a part of its Global Packaging Division, effective August 31, 2012. Alcoa sees a great prospect in recycling and believes that aluminum cans are the most easily recycled containers. According to the company, the deal will make its stake stronger in the scrap markets. Aluminum cans take less than two months to be converted into new cans. Moreover, the energy requirement of the recycled cans is almost 95% lesser than the cans that use primary metals. Aluminum has the unique ability to be recycled quite a number of times and about two thirds of the aluminum that was first produced in 1888 is still in the market. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina. Few days back, the company released its second-quarter 2012 results. It posted a loss of $2 million (break-even on a per-share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. The bottom line was hit by due to lower aluminum prices. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the second quarter. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near term. Alcoa competes with Aluminum Corporation of China Limited (ACH ) and RioTinto plc. ( RIO ). The stock maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) has announced that it is in the process of taking full control of aluminum beverage can recycling company, Evermore Recycling. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa is a leading producer of primary and fabricated aluminum as well as the world's largest miner of bauxite and refiner of alumina.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) has announced that it is in the process of taking full control of aluminum beverage can recycling company, Evermore Recycling. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents.	Aluminum giant Alcoa Inc. ( AA ) has announced that it is in the process of taking full control of aluminum beverage can recycling company, Evermore Recycling. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report To read this article on Zacks.com click here. Evermore Recycling was part of the joint venture between Alcoa and Novelis and both the companies purchased more recycled cans than any other group in the world.	Aluminum giant Alcoa Inc. ( AA ) has announced that it is in the process of taking full control of aluminum beverage can recycling company, Evermore Recycling. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report To read this article on Zacks.com click here. Evermore Recycling was part of the joint venture between Alcoa and Novelis and both the companies purchased more recycled cans than any other group in the world.
1566.0	2012-07-16 00:00:00 UTC	After Hours Most Active for Jul 16, 2012 : YHOO, SVU, F, BSX, AA, LSI, WM, CTRP, CMCSA, NWSA, CSCO, CELG	AA	https://www.nasdaq.com/articles/after-hours-most-active-jul-16-2012-yhoo-svu-f-bsx-aa-lsi-wm-ctrp-cmcsa-nwsa-csco-celg	nan	nan	The NASDAQ 100 After Hours Indicator is down -.45 to 2,576.6. The total After hours volume is currently 18,891,073 shares traded. The following are the most active stocks for the after hours session : Yahoo! Inc. ( YHOO ) is +0.255 at $15.90, with 2,064,078 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2012. The consensus EPS forecast is $0.23. YHOO is scheduled to provide an earnings report on 7/17/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.2 per share, which represents a 19 percent increase over the EPS one Year Ago SuperValu Inc. ( SVU ) is -0.02 at $2.46, with 1,792,533 shares traded. As reported in the last short interest update the days to cover for SVU is 15.022735; this calculation is based on the average trading volume of the stock. Ford Motor Company ( F ) is +0.01 at $9.27, with 1,497,883 shares traded. As reported by Zacks, the current mean recommendation for F is in the "buy range". Boston Scientific Corporation ( BSX ) is -0.0094 at $5.56, with 1,436,734 shares traded. BSX's current last sale is 80.88% of the target price of $6.875. Alcoa Inc. ( AA ) is +0.02 at $8.35, with 1,125,517 shares traded. AA's current last sale is 83.5% of the target price of $10. LSI Logic Corporation ( LSI ) is +0.02 at $5.84, with 1,028,014 shares traded. As reported by Zacks, the current mean recommendation for LSI is in the "buy range". Waste Management, Inc. ( WM ) is -0.0753 at $32.39, with 968,798 shares traded. As reported in the last short interest update the days to cover for WM is 7.981581; this calculation is based on the average trading volume of the stock. Ctrip.com International, Ltd. ( CTRP ) is unchanged at $14.71, with 833,862 shares traded., following a 52-week high recorded in today's regular session. Comcast Corporation ( CMCSA ) is unchanged at $31.83, with 764,357 shares traded. As reported by Zacks, the current mean recommendation for CMCSA is in the "buy range". News Corporation ( NWSA ) is +0.01 at $21.86, with 758,864 shares traded. As reported by Zacks, the current mean recommendation for NWSA is in the "buy range". Cisco Systems, Inc. ( CSCO ) is +0.03 at $16.22, with 725,665 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the "buy range". Celgene Corporation ( CELG ) is -0.2206 at $65.93, with 565,727 shares traded. As reported by Zacks, the current mean recommendation for CELG is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.02 at $8.35, with 1,125,517 shares traded. AA's current last sale is 83.5% of the target price of $10. As reported in the last short interest update the days to cover for SVU is 15.022735; this calculation is based on the average trading volume of the stock.	Alcoa Inc. ( AA ) is +0.02 at $8.35, with 1,125,517 shares traded. AA's current last sale is 83.5% of the target price of $10. The total After hours volume is currently 18,891,073 shares traded.	Alcoa Inc. ( AA ) is +0.02 at $8.35, with 1,125,517 shares traded. AA's current last sale is 83.5% of the target price of $10. The consensus earnings per share forecast is 0.2 per share, which represents a 19 percent increase over the EPS one Year Ago SuperValu Inc. ( SVU ) is -0.02 at $2.46, with 1,792,533 shares traded.	Alcoa Inc. ( AA ) is +0.02 at $8.35, with 1,125,517 shares traded. AA's current last sale is 83.5% of the target price of $10. The following are the most active stocks for the after hours session : Yahoo!
1567.0	2012-07-12 00:00:00 UTC	Alcoa Signs $1.4bn Deal with Airbus - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-signs-%241.4bn-deal-with-airbus-analyst-blog-2012-07-12	nan	nan	Aluminum giant Alcoa Inc. ( AA ) announced that it has signed multi-year agreements with Airbus for virtually all Airbus commercial programs, including models like A320, A350 and A380. The deal is valued at approximately $1.4 billion. Per the deal, Alcoa will provide Airbus with aluminum sheet and plate, and aluminum lithium alloys for manufacturing aircraft. A number of Alcoa's facilities will be utilized in executing the deal. Moreover, Alcoa's plants in Lafayette, Indiana, Halethorpe in Baltimore and Hannover in Germany will supply hard alloy extruded products. Flat rolled products will be supplied from the company's plants in Davenport, Iowa, Kitts Green, England and Belaya Kalitva, Russia. Airbus is the world's leading aircraft manufacturer and relies on industrial co-operation and partnerships with major companies all over the world. Alcoa has been in the aerospace market and is famous for its innovations that have been major milestones for the aerospace industry. Few days back, Alcoa released its second-quarter 2012 results. The company posted a loss of $2 million (break-even on a per-share basis) in the quarter due to lower aluminum prices compared with a profit of $322 million (or 28 cents a share) in the year-ago quarter. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share in the quarter, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. Though weak aluminum prices dragged down revenues, the company witnessed increased demand across aerospace and automotive markets in the quarter. Aluminum prices dropped 18% year over year and 4% sequentially in the second quarter of 2012. Alcoa witnessed strong performances across all its businesses during the quarter, driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects higher demand for aluminum from automobile, aerospace, packaging and commercial transportation end markets in the near-term. The company competes with Aluminum Corporation Of China Limited ( ACH ) and RioTinto plc. ( RIO ). The stock maintains a Zacks #4 Rank, which translates into a short-term (1 to 3 months) Sell rating. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant Alcoa Inc. ( AA ) announced that it has signed multi-year agreements with Airbus for virtually all Airbus commercial programs, including models like A320, A350 and A380. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Alcoa's plants in Lafayette, Indiana, Halethorpe in Baltimore and Hannover in Germany will supply hard alloy extruded products.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) announced that it has signed multi-year agreements with Airbus for virtually all Airbus commercial programs, including models like A320, A350 and A380. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Aluminum giant Alcoa Inc. ( AA ) announced that it has signed multi-year agreements with Airbus for virtually all Airbus commercial programs, including models like A320, A350 and A380. Per the deal, Alcoa will provide Airbus with aluminum sheet and plate, and aluminum lithium alloys for manufacturing aircraft.	Aluminum giant Alcoa Inc. ( AA ) announced that it has signed multi-year agreements with Airbus for virtually all Airbus commercial programs, including models like A320, A350 and A380. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Per the deal, Alcoa will provide Airbus with aluminum sheet and plate, and aluminum lithium alloys for manufacturing aircraft.
1568.0	2012-07-12 00:00:00 UTC	After Hours Most Active for Jul 12, 2012 : QQQ, BAC, AA, WM, TWTC, AMD, AOL, NLY, WIN, MSFT, ATVI, AMRN	AA	https://www.nasdaq.com/articles/after-hours-most-active-jul-12-2012-qqq-bac-aa-wm-twtc-amd-aol-nly-win-msft-atvi-amrn-2012	nan	nan	The NASDAQ 100 After Hours Indicator is up .68 to 2,545.98. The total After hours volume is currently 17,717,320 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.01 at $62.42, with 2,864,014 shares traded. This represents a 25.02% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is -0.01 at $7.47, with 1,155,820 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Jun 2012. The consensus EPS forecast is $0.16. BAC is scheduled to provide an earnings report on 7/18/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.16 per share, which represents a -90 percent increase over the EPS one Year Ago Alcoa Inc. ( AA ) is unchanged at $8.30, with 1,139,975 shares traded. AA's current last sale is 83% of the target price of $10. Waste Management, Inc. ( WM ) is unchanged at $31.89, with 982,723 shares traded. As reported in the last short interest update the days to cover for WM is 7.981581; this calculation is based on the average trading volume of the stock. tw telecom inc. ( TWTC ) is -0.0151 at $25.58, with 948,401 shares traded. TWTC's current last sale is 98.4% of the target price of $26. Advanced Micro Devices, Inc. ( AMD ) is -0.01 at $4.87, with 860,896 shares traded.AMD is scheduled to provide an earnings report on 7/19/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.08 per share, which represents a 9 percent increase over the EPS one Year Ago AOL Inc. ( AOL ) is +0.0499 at $27.58, with 502,700 shares traded. AOL's current last sale is 95.1% of the target price of $29. Annaly Capital Management Inc ( NLY ) is unchanged at $16.85, with 467,415 shares traded. NLY's current last sale is 100.6% of the target price of $16.75. Windstream Corporation ( WIN ) is unchanged at $9.73, with 454,453 shares traded. WIN's current last sale is 81.08% of the target price of $12. Microsoft Corporation ( MSFT ) is -0.01 at $28.62, with 397,186 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $0.74. MSFT is scheduled to provide an earnings report on 7/19/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.63 per share, which represents a 69 percent increase over the EPS one Year Ago Activision Blizzard, Inc ( ATVI ) is unchanged at $11.90, with 361,681 shares traded. As reported by Zacks, the current mean recommendation for ATVI is in the "buy range". Amarin Corporation PLC ( AMRN ) is +0.03 at $14.66, with 346,070 shares traded. As reported by Zacks, the current mean recommendation for AMRN is in the "strong buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The consensus earnings per share forecast is 0.16 per share, which represents a -90 percent increase over the EPS one Year Ago Alcoa Inc. ( AA ) is unchanged at $8.30, with 1,139,975 shares traded. AA's current last sale is 83% of the target price of $10. As reported in the last short interest update the days to cover for WM is 7.981581; this calculation is based on the average trading volume of the stock.	The consensus earnings per share forecast is 0.16 per share, which represents a -90 percent increase over the EPS one Year Ago Alcoa Inc. ( AA ) is unchanged at $8.30, with 1,139,975 shares traded. AA's current last sale is 83% of the target price of $10. The consensus earnings per share forecast is 0.08 per share, which represents a 9 percent increase over the EPS one Year Ago AOL Inc. ( AOL ) is +0.0499 at $27.58, with 502,700 shares traded.	The consensus earnings per share forecast is 0.16 per share, which represents a -90 percent increase over the EPS one Year Ago Alcoa Inc. ( AA ) is unchanged at $8.30, with 1,139,975 shares traded. AA's current last sale is 83% of the target price of $10. The consensus earnings per share forecast is 0.08 per share, which represents a 9 percent increase over the EPS one Year Ago AOL Inc. ( AOL ) is +0.0499 at $27.58, with 502,700 shares traded.	The consensus earnings per share forecast is 0.16 per share, which represents a -90 percent increase over the EPS one Year Ago Alcoa Inc. ( AA ) is unchanged at $8.30, with 1,139,975 shares traded. AA's current last sale is 83% of the target price of $10. The NASDAQ 100 After Hours Indicator is up .68 to 2,545.98.
1569.0	2012-07-10 00:00:00 UTC	Weak Price Hits Alcoa in 2Q - Analyst Blog	AA	https://www.nasdaq.com/articles/weak-price-hits-alcoa-in-2q-analyst-blog-2012-07-10	nan	nan	The largest U.S. aluminum producer Alcoa Inc. ( AA ) turned to a loss in the second quarter of 2012, hurt by lower aluminum prices. The company posted a loss of $2 million (break-even on a per-share basis) in the quarter compared with a profit of $322 million (or 28 cents a share) reported in the year-ago quarter. Excluding one-time special items (including restructuring and other charges, litigation expenses and tax-related items), Alcoa earned 6 cents a share, in line with the Zacks Consensus Estimate and below the year-ago earnings of 32 cents. Revenues decreased 9.4% year over year and 0.7% sequentially to $5,963 million, surpassing the Zacks Consensus Estimate of $5,828 million. While weak aluminum prices dragged down revenues, the company saw increased demand across aerospace and automotive markets in the quarter. Alcoa said that aluminum prices dropped 18% year-over-year and 4% sequentially in the second quarter. Alcoa witnessed strong performances across all its businesses driven by higher utilization rates, process innovations, lower scrap rates and usage reductions. The company expects improved aluminum demand from automobile, aerospace, packaging and commercial transportation end markets. Segment Details Alumina - Shipments in the reported quarter were 2.19 million metric tons on production of 4.03 million metric tons. The After Tax Operating Income (ATOI) decreased 87.6% year over year to $23 million. Adjusted EBITDA dropped $20 million to $147 million, representing a sequential decrease of 13.6%. The second-quarter results were impacted by lower volumes and higher raw material costs, partly offset by improved productivity and favorable currency. Primary Metals - Shipments in the second quarter were 0.75 million metric tons versus 0.72 million metric tons in the previous-year quarter. Production in the quarter was 0.94 million metric tons, a slight decrease of 0.4% from the year-ago quarter. ATOI was a negative $3 million compared with $201 million in the year-ago quarter and $10 million in the prior quarter. Adjusted EBITDA plunged 11.2% sequentially to $119 million in the quarter. The segment reported increased productivity and lower raw material costs compared with the previous quarter. Global Rolled Products - Shipments in the quarter were 0.48 million metric tons, compared with $0.47 million in the prior-year quarter. Third-party revenues in the second quarter were $1.91 million, up 8.2% year over year. The segment posted ATOI of $95 million, down 4% year over year. Increased raw material costs and lower price mix were offset by higher volumes and productivity gains. Engineered Products and Solutions - Shipments in the quarter were 0.59 million metric tons versus 0.57 million metric tons in the prior-year quarter. ATOI was $160 million, up 7.4% year over year, and 3.2% sequentially, mainly driven by productivity improvements and higher volumes, partially offset by increased costs and unfavorable impact due to fire at Massena. Sales for the segment jumped 3.6% year over year to $1.42 million and increased 2.2% from the last quarter. Adjusted EBITDA of $276 million increased by $15 million over the year-ago quarter. Financial Position The company ended the second quarter with strong liquidity position with cash and cash equivalents of $1.7 billion as of June 30, 2012, compared with $1.94 billion as of December 31, 2011. Debt-to-capital ratio for the quarter was 36.1%. Capital expenditure was $291 million in the quarter compared with $270 million in first-quarter 2012. Alcoa Reducing Smelting Capacity Alcoa curtailed 390,000 metric tons of its system refining capacity in the reported quarter. The company also remains on track for further capacity curtailments of its system refining capacity to improve its competitive position. The curtailments will improve the competitiveness of the company's Primary Products business. Outlook For 2012, Alcoa reiterated its forecast that aluminum demand will grow by 7% globally. The company also continues to expect that there will be a deficit in global aluminum supply in 2012. Our Take Pennsylvania-based Alcoa Inc. is among the world's leading producers of primary and fabricated aluminum and alumina. The company competes with Aluminum Corporation Of China Limited ( ACH ) and RioTinto plc. ( RIO ). We believe that the company's cost reduction efforts are, to some extent, offsetting the impact of higher energy and raw material costs on its bottom line. Alcoa is divesting underperforming assets through its restructuring program. The company is making efforts to reduce costs of its upstream business and achieve record profit in its mid stream and downstream businesses. We currently have a long-term Neutral recommendation on Alcoa. The stock maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The largest U.S. aluminum producer Alcoa Inc. ( AA ) turned to a loss in the second quarter of 2012, hurt by lower aluminum prices. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. While weak aluminum prices dragged down revenues, the company saw increased demand across aerospace and automotive markets in the quarter.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The largest U.S. aluminum producer Alcoa Inc. ( AA ) turned to a loss in the second quarter of 2012, hurt by lower aluminum prices. Segment Details Alumina - Shipments in the reported quarter were 2.19 million metric tons on production of 4.03 million metric tons.	The largest U.S. aluminum producer Alcoa Inc. ( AA ) turned to a loss in the second quarter of 2012, hurt by lower aluminum prices. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. ATOI was a negative $3 million compared with $201 million in the year-ago quarter and $10 million in the prior quarter.	The largest U.S. aluminum producer Alcoa Inc. ( AA ) turned to a loss in the second quarter of 2012, hurt by lower aluminum prices. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. ATOI was a negative $3 million compared with $201 million in the year-ago quarter and $10 million in the prior quarter.
1570.0	2012-07-10 00:00:00 UTC	Pre-Market Most Active for Jul 10, 2012 : AMD, ARR, BAC, MAKO, TEF, ASML, SNH, AA, SIRI, QQQ, AAPL, INTC	AA	https://www.nasdaq.com/articles/pre-market-most-active-jul-10-2012-amd-arr-bac-mako-tef-asml-snh-aa-siri-qqq-aapl-intc	nan	nan	The NASDAQ 100 Pre-Market Indicator is up 4.11 to 2,614.42. The total Pre-Market volume is currently 18,035,779 shares traded. The following are the most active stocks for the pre-market session : Advanced Micro Devices, Inc. ( AMD ) is -0.49 at $5.13, with 8,732,822 shares traded. AMD's current last sale is 58.63% of the target price of $8.75. Armour Residential R ( ARR ) is -0.17 at $7.27, with 2,698,303 shares traded. ARR's current last sale is 100.28% of the target price of $7.25. Bank of America Corporation ( BAC ) is +0.07 at $7.63, with 1,217,551 shares traded. BAC's current last sale is 76.3% of the target price of $10. MAKO Surgical Corp. ( MAKO ) is -9.71 at $14.90, with 820,425 shares traded. MAKO's current last sale is 42.57% of the target price of $35. Telefonica SA ( TEF ) is +0.01 at $12.21, with 603,200 shares traded. TEF's current last sale is 61.64% of the target price of $19.81. ASML Holding N.V. ( ASML ) is +4.42 at $52.88, with 559,850 shares traded. As reported by Zacks, the current mean recommendation for ASML is in the "buy range". Senior Housing Properties Trust ( SNH ) is -0.53 at $22.00, with 302,155 shares traded. SNH's current last sale is 95.65% of the target price of $23. Alcoa Inc. ( AA ) is +0.06 at $8.82, with 300,580 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.19. AA's current last sale is 83.01% of the target price of $10.625. Sirius XM Radio Inc. ( SIRI ) is +0.005 at $2.08, with 297,930 shares traded. As reported in the last short interest update the days to cover for SIRI is 10.547786; this calculation is based on the average trading volume of the stock. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.17 at $64.17, with 274,968 shares traded. This represents a 28.52% increase from its 52 Week Low. Apple Inc. ( AAPL ) is +2.86 at $616.75, with 262,804 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $15.59. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Intel Corporation ( INTC ) is -0.32 at $25.85, with 244,304 shares traded.INTC is scheduled to provide an earnings report on 7/17/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.52 per share, which represents a 59 percent increase over the EPS one Year Ago The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.06 at $8.82, with 300,580 shares traded. AA's current last sale is 83.01% of the target price of $10.625. Apple Inc. ( AAPL ) is +2.86 at $616.75, with 262,804 shares traded.	Alcoa Inc. ( AA ) is +0.06 at $8.82, with 300,580 shares traded. AA's current last sale is 83.01% of the target price of $10.625. Apple Inc. ( AAPL ) is +2.86 at $616.75, with 262,804 shares traded.	Alcoa Inc. ( AA ) is +0.06 at $8.82, with 300,580 shares traded. AA's current last sale is 83.01% of the target price of $10.625. Apple Inc. ( AAPL ) is +2.86 at $616.75, with 262,804 shares traded.	AA's current last sale is 83.01% of the target price of $10.625. Alcoa Inc. ( AA ) is +0.06 at $8.82, with 300,580 shares traded. Apple Inc. ( AAPL ) is +2.86 at $616.75, with 262,804 shares traded.
1571.0	2012-07-10 00:00:00 UTC	Largest option buying in equities so far	AA	https://www.nasdaq.com/articles/largest-option-buying-equities-so-far-2012-07-10	nan	nan	Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system. MetroPCS Communications (PCS): More than 5,000 July 7 calls were purchased for $0.15 as investors look for the stock to rally. PCS rose 4.27 percent to $6.59. Alcoa (AA): Investors purchased almost 11,000 January 9 calls, but volume was below open interest in the strike. AA fell 2.63 percent to $8.53. Focus Media (FMCN): A block of 6,000 July 23 calls was purchased for $0.25 as investors look for upside in the share price. FMCN fell 3.40 percent to $21.01. Procter & Gamble (PG): Investors sold about 2,000 August 62.50 calls for $0.73 and bought an equal number of August 60 puts for $0.87, positioning for downside in the share price. PG rose 0.21 percent to $61.68. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa (AA): Investors purchased almost 11,000 January 9 calls, but volume was below open interest in the strike. AA fell 2.63 percent to $8.53. Nearing the halfway mark in today's session, here are the individual equity names with the most call and put buying on optionMONSTER's ActionTracker data system.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa (AA): Investors purchased almost 11,000 January 9 calls, but volume was below open interest in the strike. AA fell 2.63 percent to $8.53.	Alcoa (AA): Investors purchased almost 11,000 January 9 calls, but volume was below open interest in the strike. AA fell 2.63 percent to $8.53. MetroPCS Communications (PCS): More than 5,000 July 7 calls were purchased for $0.15 as investors look for the stock to rally.	Alcoa (AA): Investors purchased almost 11,000 January 9 calls, but volume was below open interest in the strike. AA fell 2.63 percent to $8.53. PCS rose 4.27 percent to $6.59.
1572.0	2012-07-10 00:00:00 UTC	Ahead of Wall Street - July 10, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-july-10-2012-ahead-wall-street-2012-07-10	nan	nan	Tuesday, July 10, 2012 Today's trading action will reflect the modestly improved sentiment on Spain following decisions by Euro-zone finance officials on Monday that are perceived favorable to the country. There is no substantive change on the ground, but these day-to-day sentiment swings do have a bearing on the market and today's trend is relatively on the favorable side. The market may also like some aspects of Alcoa' s ( AA ) quarterly report after the close on Monday and try to project that to the coming earnings season. It may be premature if not altogether erroneous to draw any firm conclusions about the health and quality of corporate profitability from Alcoa's results, but some optimism may nevertheless be warranted. If Alcoa's results are a sign of things to come in the second quarter reporting season, then we can probably afford to be a little less anxious. I am not referring to the aluminum giant's in-line 'adjusted' earnings, but rather to management's positive outlook for the coming quarters. The company sees aluminum prices rebounding in the back half of the year, driven by what they see as supply deficit and demand momentum in the key automotive and aerospace end-markets. The price of aluminum has been hit hard by concerns about global growth; the same force that has been pushing down the prices of all other commodities. Alcoa and the aluminum space has some unique attributes that differentiate them from the broader commodity producing space. But overall, what's good for aluminum is also good for a number of other industrial commodities. And it is in that context that Alcoa's results Monday could be considered a modest positive for the broader basic materials sector. Earnings expectations have been coming down steadily in recent weeks (Alcoa met expectations that had come down by 50% in the past month) for all sectors, including basic materials. It may be premature to say that perhaps expectations have come down more than they needed to, as was the case in the first quarter, but Alcoa's report does improve the odds of that possibility. We will know more about the quality of this earnings season in the coming days. But given how far expectations have fallen in the run up to the reporting season, it will not take much to come out ahead of them. In corporate news, Advanced Micro Devices ( AMD ) pre-announced a lowered outlook, citing difficult conditions in Europe and China. Negative pre-announcements and weaker guidance have been a prominent attribute of this earnings season, with a number of major companies citing Europe and China for their woes. Wolverine Worldwide ( WWW ), the apparel and footwear maker, came out with weaker than expected results this morning. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The market may also like some aspects of Alcoa' s ( AA ) quarterly report after the close on Monday and try to project that to the coming earnings season. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Tuesday, July 10, 2012 Today's trading action will reflect the modestly improved sentiment on Spain following decisions by Euro-zone finance officials on Monday that are perceived favorable to the country.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. The market may also like some aspects of Alcoa' s ( AA ) quarterly report after the close on Monday and try to project that to the coming earnings season. And it is in that context that Alcoa's results Monday could be considered a modest positive for the broader basic materials sector.	The market may also like some aspects of Alcoa' s ( AA ) quarterly report after the close on Monday and try to project that to the coming earnings season. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings expectations have been coming down steadily in recent weeks (Alcoa met expectations that had come down by 50% in the past month) for all sectors, including basic materials.	The market may also like some aspects of Alcoa' s ( AA ) quarterly report after the close on Monday and try to project that to the coming earnings season. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. We will know more about the quality of this earnings season in the coming days.
1573.0	2012-07-10 00:00:00 UTC	Twin Contracts for Textron - Analyst Blog	AA	https://www.nasdaq.com/articles/twin-contracts-for-textron-analyst-blog-2012-07-10	nan	nan	Textron Marine & Land Systems, a unit of Textron Inc. ( TXT ), has received a fixed-price, incentive-fee contract worth approximately $213 million from the U.S. Navy under a Ship-to-Shore Connector ("SSC") program. The contract includes options for the delivery of up to eight production craft worth $570 million by 2020. Per the original contract, the company will be responsible for the complete designing and construction of an initial SSC Test and Training Craft. The task has to be completed by February 2017. The main aim of the SSC program is to retain the Navy's incomparable transport options from ship to shore and beyond. This SSC will replace the Landing Craft Air Cushion (LCAC) and help the Navy in landing at more than 80% of the world's shorelines for the next 30 years. SSC will endow the surface assault portion of the U.S. Joint Expeditionary Maneuver Warfare tactical plan with the capability to project and sustain military operations from the sea, independent of tides, water depth, underwater obstacles, or beach gradient. The Textron team for the contract includes Alcoa Inc. ( AA ) for aluminum alloys and structural engineering and L-3 Communications Holdings Inc. ( LLL ) for command, control and navigation systems. Work will be performed at New Orleans, Camden, Great Britain, St Louis, Indianapolis and Eatontown. However, final manufacturing will take place at Textron Marine & Land Systems' shipyard near New Orleans, with an area of 600,000 square foot. Meanwhile, AAI Unmanned Aircraft Systems, an operating unit of Textron, received a contract worth $358 million from the Army and Marine Corps for engineering support and system upgrades of RQ-7B Shadow Tactical Unmanned Aircraft Systems (TUAS). This will create a fleet of 45 upgraded systems out of which delivery of 43 systems to the Army and the remaining 2 to the Marine Corps are expected to begin in late 2013. The upgraded Shadow aircraft is built on the same architecture that has proven highly successful on the current Shadow aircraft throughout nearly 750,000 flight hours. The modernization has increased the aircraft's endurance capacity from six to nine hours, has extended the wing with hard points to carry external stores and payloads and added an electronic fuel injection engine for greater reliability. Textron Inc. is a global multi-industry company that manufactures aircraft, automotive engine components, and industrial tools. It is also a provider of solutions and services for aircraft, fastening systems, and industrial products and components. The company is involved in numerous modernization programs. Moreover, Textron's diversified presence across commercial, manufacturing and industrial products, as well as financing operations, insulates it from specific business risk. However, we prefer to remain on the sidelines due to the defense spending cutbacks and lower backlog at Cessna, the company's business jet division. The rate of recovery of the business jet market still remains tenuous. The company presently retains a short-term Zacks #4 Rank (Sell). We have a long-term Neutral recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report L-3 COMM HLDGS (LLL): Free Stock Analysis Report TEXTRON INC (TXT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The Textron team for the contract includes Alcoa Inc. ( AA ) for aluminum alloys and structural engineering and L-3 Communications Holdings Inc. ( LLL ) for command, control and navigation systems. Meanwhile, AAI Unmanned Aircraft Systems, an operating unit of Textron, received a contract worth $358 million from the Army and Marine Corps for engineering support and system upgrades of RQ-7B Shadow Tactical Unmanned Aircraft Systems (TUAS). ALCOA INC (AA): Free Stock Analysis Report L-3 COMM HLDGS (LLL): Free Stock Analysis Report TEXTRON INC (TXT): Free Stock Analysis Report To read this article on Zacks.com click here.	Meanwhile, AAI Unmanned Aircraft Systems, an operating unit of Textron, received a contract worth $358 million from the Army and Marine Corps for engineering support and system upgrades of RQ-7B Shadow Tactical Unmanned Aircraft Systems (TUAS). ALCOA INC (AA): Free Stock Analysis Report L-3 COMM HLDGS (LLL): Free Stock Analysis Report TEXTRON INC (TXT): Free Stock Analysis Report To read this article on Zacks.com click here. The Textron team for the contract includes Alcoa Inc. ( AA ) for aluminum alloys and structural engineering and L-3 Communications Holdings Inc. ( LLL ) for command, control and navigation systems.	Meanwhile, AAI Unmanned Aircraft Systems, an operating unit of Textron, received a contract worth $358 million from the Army and Marine Corps for engineering support and system upgrades of RQ-7B Shadow Tactical Unmanned Aircraft Systems (TUAS). ALCOA INC (AA): Free Stock Analysis Report L-3 COMM HLDGS (LLL): Free Stock Analysis Report TEXTRON INC (TXT): Free Stock Analysis Report To read this article on Zacks.com click here. The Textron team for the contract includes Alcoa Inc. ( AA ) for aluminum alloys and structural engineering and L-3 Communications Holdings Inc. ( LLL ) for command, control and navigation systems.	Meanwhile, AAI Unmanned Aircraft Systems, an operating unit of Textron, received a contract worth $358 million from the Army and Marine Corps for engineering support and system upgrades of RQ-7B Shadow Tactical Unmanned Aircraft Systems (TUAS). The Textron team for the contract includes Alcoa Inc. ( AA ) for aluminum alloys and structural engineering and L-3 Communications Holdings Inc. ( LLL ) for command, control and navigation systems. ALCOA INC (AA): Free Stock Analysis Report L-3 COMM HLDGS (LLL): Free Stock Analysis Report TEXTRON INC (TXT): Free Stock Analysis Report To read this article on Zacks.com click here.
1574.0	2012-07-10 00:00:00 UTC	Smidgeon of Good News - Analyst Blog	AA	https://www.nasdaq.com/articles/smidgeon-good-news-analyst-blog-2012-07-10	nan	nan	Today's trading action will reflect the modestly improved sentiment on Spain following decisions by Euro-zone finance officials on Monday that are perceived favorable to the country. There is no substantive change on the ground, but these day-to-day sentiment swings do have a bearing on the market, and today's trend is relatively on the favorable side. The market may also like some aspects of Alcoa's (AA) quarterly report after the close on Monday and try to project that to the coming earnings season. It may be premature -- if not altogether erroneous -- to draw any firm conclusions about the health and quality of corporate profitability from Alcoa's results, but some optimism may nevertheless be warranted. If Alcoa's results are a sign of things to come in the second quarter reporting season, then we can probably afford to be a little less anxious. I am not referring to the aluminum giant's in-line 'adjusted' earnings, but rather to management's positive outlook for the coming quarters. The company sees aluminum prices rebounding in the back half of the year, driven by what they see as supply deficit and demand momentum in the key automotive and aerospace end-markets. The price of aluminum has been hit hard by concerns about global growth -- the same force that has been pushing down the prices of all other commodities. Alcoa and the aluminum space has some unique attributes that differentiate them from the broader commodity producing space. But overall, what's good for aluminum is also good for a number of other industrial commodities. And it is in that context that Alcoa's results Monday could be considered a modest positive for the broader basic materials sector. Earnings expectations have been coming down steadily in recent weeks (Alcoa met expectations that had come down by 50% in the past month) for all sectors, including basic materials. It may be premature to say that perhaps expectations have come down more than they needed to, as was the case in the first quarter, but Alcoa's report does improve the odds of that possibility. We will know more about the quality of this earnings season in the coming days. But given how far expectations have fallen in the run up to the reporting season, it will not take much to come out ahead of them. In corporate news, Advanced Micro Devices (AMD) pre-announced a lowered outlook, citing difficult conditions in Europe and China. Negative pre-announcements and weaker guidance have been a prominent attribute of this earnings season, with a number of major companies citing Europe and China for their woes. Wolverine Worldwide (WWW), the apparel and footwear maker, came out with weaker-than-expected results this morning. (This article was originally published as Ahead of Wall Street - July 10, 2012.) ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The market may also like some aspects of Alcoa's (AA) quarterly report after the close on Monday and try to project that to the coming earnings season. ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Today's trading action will reflect the modestly improved sentiment on Spain following decisions by Euro-zone finance officials on Monday that are perceived favorable to the country.	ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. The market may also like some aspects of Alcoa's (AA) quarterly report after the close on Monday and try to project that to the coming earnings season. And it is in that context that Alcoa's results Monday could be considered a modest positive for the broader basic materials sector.	The market may also like some aspects of Alcoa's (AA) quarterly report after the close on Monday and try to project that to the coming earnings season. ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings expectations have been coming down steadily in recent weeks (Alcoa met expectations that had come down by 50% in the past month) for all sectors, including basic materials.	The market may also like some aspects of Alcoa's (AA) quarterly report after the close on Monday and try to project that to the coming earnings season. ALCOA INC (AA): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. We will know more about the quality of this earnings season in the coming days.
1575.0	2012-07-10 00:00:00 UTC	After Hours Most Active for Jul 10, 2012 : TEF, BAC, AA, MSFT, SNH, WM, V, MAKO, QCOR, INTC, WIN, NWSA	AA	https://www.nasdaq.com/articles/after-hours-most-active-jul-10-2012-tef-bac-aa-msft-snh-wm-v-mako-qcor-intc-win-nwsa-2012	nan	nan	The NASDAQ 100 After Hours Indicator is up .01 to 2,585.53. The total After hours volume is currently 23,558,188 shares traded. The following are the most active stocks for the after hours session : Telefonica SA ( TEF ) is +0.1143 at $12.21, with 2,802,300 shares traded. TEF's current last sale is 61.66% of the target price of $19.81. Bank of America Corporation ( BAC ) is unchanged at $7.48, with 2,319,028 shares traded. BAC's current last sale is 74.8% of the target price of $10. Alcoa Inc. ( AA ) is +0.02 at $8.42, with 1,702,311 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.19. AA's current last sale is 79.25% of the target price of $10.625. Microsoft Corporation ( MSFT ) is -0.072 at $29.67, with 1,255,527 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2013. The consensus EPS forecast is $0.74. As reported by Zacks, the current mean recommendation for MSFT is in the "buy range". Senior Housing Properties Trust ( SNH ) is unchanged at $22.26, with 1,222,346 shares traded. SNH's current last sale is 96.78% of the target price of $23. Waste Management, Inc. ( WM ) is +0.0022 at $33.07, with 1,013,042 shares traded. As reported in the last short interest update the days to cover for WM is 8.631757; this calculation is based on the average trading volume of the stock. Visa Inc. ( V ) is -0.012 at $122.27, with 932,709 shares traded. As reported by Zacks, the current mean recommendation for V is in the "buy range". MAKO Surgical Corp. ( MAKO ) is +0.089 at $14.10, with 769,293 shares traded., following a 52-week high recorded in today's regular session. Questcor Pharmaceuticals, Inc. ( QCOR ) is +0.33 at $45.40, with 639,151 shares traded. As reported in the last short interest update the days to cover for QCOR is 9.625208; this calculation is based on the average trading volume of the stock. Intel Corporation ( INTC ) is -0.01 at $25.55, with 606,220 shares traded.INTC is scheduled to provide an earnings report on 7/17/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.52 per share, which represents a 59 percent increase over the EPS one Year Ago Windstream Corporation ( WIN ) is +0.0664 at $9.85, with 475,679 shares traded. WIN's current last sale is 82.05% of the target price of $12. News Corporation ( NWSA ) is +0.0368 at $21.90, with 450,168 shares traded. As reported by Zacks, the current mean recommendation for NWSA is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.02 at $8.42, with 1,702,311 shares traded. AA's current last sale is 79.25% of the target price of $10.625. As reported in the last short interest update the days to cover for WM is 8.631757; this calculation is based on the average trading volume of the stock.	Alcoa Inc. ( AA ) is +0.02 at $8.42, with 1,702,311 shares traded. AA's current last sale is 79.25% of the target price of $10.625. The total After hours volume is currently 23,558,188 shares traded.	Alcoa Inc. ( AA ) is +0.02 at $8.42, with 1,702,311 shares traded. AA's current last sale is 79.25% of the target price of $10.625. The total After hours volume is currently 23,558,188 shares traded.	Alcoa Inc. ( AA ) is +0.02 at $8.42, with 1,702,311 shares traded. AA's current last sale is 79.25% of the target price of $10.625. The NASDAQ 100 After Hours Indicator is up .01 to 2,585.53.
1576.0	2012-07-10 00:00:00 UTC	Jefferies Keeps “Buy” Rating on Alcoa, but Lowers Price Target and Estimates (AA)	AA	https://www.nasdaq.com/articles/jefferies-keeps-buy-rating-alcoa-lowers-price-target-and-estimates-aa-2012-07-10	nan	nan	Aluminum producer Alcoa Inc. ( AA ) on Tuesday caught some mixed commentary from analysts at Jefferies & Co. The firm maintained its "Buy" rating on AA but reduced its price target from $12 to $11. That new target suggests a 26% upside to the stock's Monday closing price of $8.76. The firm also cut its 2012 earnings estimate from 70 cents all the way down to 40 cents per share, while 2013 outlook was lowered from 90 cents to 80 cents. A Jefferies analyst commented, "Unfortunately, we continue to believe the benefits of Alcoa's extensive cost cutting efforts are flowing largely to customers and not shareholders. With the strong dollar and sluggish aluminum prices, we are compelled to reduce estimates once again." Alcoa shares rose 7 cents, or +0.8%, in premarket trading Tuesday. The company reported second quarter earnings late Monday that exceeded expectations on an adjusted basis. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on last night's closing stock price of $8.76. The stock has technical support in the $8 price area. If the shares can firm up, we see overhead resistance around the $10-$11 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum producer Alcoa Inc. ( AA ) on Tuesday caught some mixed commentary from analysts at Jefferies & Co. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on last night's closing stock price of $8.76. The firm maintained its "Buy" rating on AA but reduced its price target from $12 to $11.	Aluminum producer Alcoa Inc. ( AA ) on Tuesday caught some mixed commentary from analysts at Jefferies & Co. The firm maintained its "Buy" rating on AA but reduced its price target from $12 to $11. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on last night's closing stock price of $8.76.	The firm maintained its "Buy" rating on AA but reduced its price target from $12 to $11. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on last night's closing stock price of $8.76. Aluminum producer Alcoa Inc. ( AA ) on Tuesday caught some mixed commentary from analysts at Jefferies & Co.	Aluminum producer Alcoa Inc. ( AA ) on Tuesday caught some mixed commentary from analysts at Jefferies & Co. The firm maintained its "Buy" rating on AA but reduced its price target from $12 to $11. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on last night's closing stock price of $8.76.
1577.0	2012-07-09 00:00:00 UTC	Focus Shifts to Earnings - Analyst Blog	AA	https://www.nasdaq.com/articles/focus-shifts-earnings-analyst-blog-2012-07-09	nan	nan	The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. Early signs indicate that the earnings cycle may have run its course, with revenue gains hard to come by in a slowing global economy and margins already topped out. We will know for sure in the coming days as the earnings season gets into high gear, but the initial reports and pre-announcements seem to indicate that earnings growth may not be available as a reliable prop for the market anymore. The softening earnings picture will likely get added to the market's existing worry list of Europe, China and the questionable domestic economic scene. With respect to Europe, finance officials are meeting today to hammer out details of the agreement announced in the last Euro-zone summit a few days back. The market is getting nervous on lack of follow-through progress, particularly with respect to the agreement's banking sector provisions. Moving towards joint banking supervision is the stated Euro-zone goal, but hardly anyone expects the path leading there to be without twists and turns. And the related anxieties have started showing up in the region's government bond yields, with Spain and Italy's yields inching back up in the wrong direction. Europe is not the sole global issue weighing on the equity markets; the evolving outlook for the Chinese economy is equally if not more significant. The Chinese prime minister's statement about the economy over the weekend seems to confirm some of the concerns raised by last week's surprise rate cut by the central bank, the second in less than a month. The decline in inflationary pressures, as confirmed by this morning's inflation reading, indicates that the Chinese central bank could afford to get more aggressive in its easing efforts. We will know the extent of Chinese slowdown later this week -- the second quarter GDP report comes out on Friday. The current consensus expectation of 7.6% growth in the second quarter will be its weakest reading since early 2009. It is perhaps not unreasonable to see downside risks to Friday's growth number in light of last week's interest rate cut and the weekend comment from the prime minister. On the home front, the market will be keeping a close eye on the Fed to handicap the odds for further QE following the latest run of weak economic reports. Minutes of the Fed's June meeting coming out Wednesday afternoon will be of particular interest in that respect. The earnings season will get into high gear from next week onwards, but results from Google ( GOOG ) after the close on Thursday and J.P. Morgan ( JPM ) and Wells Fargo ( WFC ) Friday morning will give us some flavor of things to come. (This article was originally published as Ahead of Wall Street - July 9, 2012.) ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The Chinese prime minister's statement about the economy over the weekend seems to confirm some of the concerns raised by last week's surprise rate cut by the central bank, the second in less than a month.	ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. It is perhaps not unreasonable to see downside risks to Friday's growth number in light of last week's interest rate cut and the weekend comment from the prime minister.	ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. We will know for sure in the coming days as the earnings season gets into high gear, but the initial reports and pre-announcements seem to indicate that earnings growth may not be available as a reliable prop for the market anymore.	The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. With respect to Europe, finance officials are meeting today to hammer out details of the agreement announced in the last Euro-zone summit a few days back.
1578.0	2012-07-09 00:00:00 UTC	Ahead of Wall Street - July 9, 2012 - Ahead of Wall Street	AA	https://www.nasdaq.com/articles/ahead-wall-street-july-9-2012-ahead-wall-street-2012-07-09	nan	nan	Monday, July 9, 2012 The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. Early signs indicate that the earnings cycle may have run its course with revenue gains hard to come by in a slowing global economy and margins already topped out. We will know for sure in the coming days as the earnings season gets into high gear, but the initial reports and pre-announcements seem to indicate that earnings growth may not be available as a reliable prop for the market anymore. The softening earnings picture will likely get added to the market's existing worry list of Europe, China, and the questionable domestic economic scene. With respect to Europe, finance officials are meeting today to hammer out details of the agreement announced in the last Euro-zone summit a few days back. The market is getting nervous on lack of follow-through progress, particularly with respect to the agreement's banking sector provisions. Moving towards joint banking supervision is the stated Euro-zone goal, but hardly anyone expects the path leading there to be without twists and turns. And the related anxieties have started showing up in the region's government bond yields, with Spain and Italy's yields inching back up in the wrong direction. Europe is not the sole global issue weighing on the equity markets, the evolving outlook for the Chinese economy is equally if not more significant. The Chinese prime minister's statement about the economy over the weekend seems to confirm some of the concerns raised by last week's surprise rate cut by the central bank, the second less than a month. The decline in inflationary pressures, as confirmed by this morning's inflation reading, indicates that the Chinese central bank could afford to get more aggressive in its easing efforts. We will know the extent of Chinese slowdown later this week as the second quarter GDP report comes out on Friday. The current consensus expectation of 7.6% growth in the second quarter will be weakest reading since early 2009. It is perhaps not unreasonable to see downside risks to Friday's growth number in light of last week's interest rate cut and the weekend comment from the prime minister. On the home front, the market will be keeping a close eye on the Fed to handicap the odds for further QE following the latest run of weak economic reports. Minutes of the Fed's June meeting coming out Wednesday afternoon will be of particular in that respect. The earnings season will get into high gear from next week onwards, but results from Google ( GOOG ) after close on Thursday and J.P. Morgan ( JPM ) and Wells Fargo ( WFC ) Friday morning will give us some flavor of things to come. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Monday, July 9, 2012 The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The Chinese prime minister's statement about the economy over the weekend seems to confirm some of the concerns raised by last week's surprise rate cut by the central bank, the second less than a month.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Monday, July 9, 2012 The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. Zacks Investment Research Want the latest recommendations from Zacks Investment Research?	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Monday, July 9, 2012 The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. We will know for sure in the coming days as the earnings season gets into high gear, but the initial reports and pre-announcements seem to indicate that earnings growth may not be available as a reliable prop for the market anymore.	Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Monday, July 9, 2012 The domesticeconomic calendaris on the thin side this week, though the second quarter earnings season gets into the spotlight with Alcoa's ( AA ) release later this afternoon. With respect to Europe, finance officials are meeting today to hammer out details of the agreement announced in the last Euro-zone summit a few days back.
1579.0	2012-07-09 00:00:00 UTC	4 Stocks to Watch During this Earnings Season	AA	https://www.nasdaq.com/articles/4-stocks-watch-during-earnings-season-2012-07-09	nan	nan	Do quarterly results even matter? Investors had been anticipating a fairly tough set of reports prior to the most recent earnings season , but they bid up stocks throughout March anyway. When those reports rolled in across April and early May, the numbers (and outlooks) were quite good -- and stocks stumbled badly anyway. It's as if investors didn't care. Of course, quarterly results do matter. It's only that events such as the Greek economic crisis dictated the market action this past spring. Now, the European crisis is no longer boiling rather just simmering, which should enable investors to focus more squarely upon -- and respond to -- quarterly reports. My take: the numbers should be fine. Analysts have been steadily lowering their second-quarter forecasts, and the newly-lowered bar will be stepped over once again by many companies. It's the forward view that should give you pause. Three months ago, many companies noted that business was holding up reasonably well, considering the global headwinds in place. Credit went to a still-solid U.S. economy . This time around, there's much less reason for cheer. As I recently noted , an important indicator, the CFNAI, is flashing red. And as we saw on Friday, July 6, the U.S. economy is creating fewer new jobs than was the case a few months ago. Will earnings season be another period of misery? Not necessarily. U.S. corporations have shown a great deal of resilience thus far, and may be able to maintain profit margins near current record levels. Still, I'll be watching the companies that report early in earnings season. What they have to say may set the tone for the rest of the earnings season. The four on my radar: 1. Alcoa (NYSE: AA ) Reports after the market close on Monday, July 9 Alcoa's quarterly numbers aren't all that important. They will be tepid -- at best -- which is already reflected in the stock price. But Alcoa's management delivers a lengthy global commentary on the company's quarterly conferencecall , and you can glean a great deal of current economic and industrial trends taking place across the world. 2. JP Morgan Chase (NYSE: JPM ) Friday, July 13 Investors will finally get a clear sense of the depth of the bank's trading losses due to ill-conceived hedging and derivative strategies in Europe. If the damage is not as bad as feared, shares may move back toward or past $40, where they stood two months ago. Equally important, JP Morgan will be the first major bank to discuss current trends in the financial services sector. This is a tricky sector for investors: Risks abound, but current valuations are quite low. (As an aside, Citigroup (NYSE: C ) reports second-quarter results after that weekend, on Monday, July 16.) 3. IBM (NYSE: IBM ) Wednesday, July 18 This company's report is important for two reasons. First, its massive global presence will help us understand current trends taking place in China, Brazil, Europe and elsewhere. Second, IBM will give a clear read on the current appetite for spending on information technology ( IT ). The second half of the year often brings a stepped-up pace of IT spending as chief information officers (CIOs) opt to spend their allocated funds as part of the year-end "budget flush." Yet these CIOs have a lot of discretion and sometimes choose to cancel spending plans, saving budgeted funds for some future date. IBM is likely to focus on this issue. 4. GE (NYSE: GE ) Friday, July 20 Though earnings season will be fully underway by this point, GE's commentary always has the possibility to move the markets. With exposure to aviation, health care, finance, infrastructure, clean energy, security and a few other niches, GE will reset investor expectations for many of these industries. GE's shares are near a three-and-a-half year high, which may imply that investors anticipate a fairly bullishquarterly report and outlook. Risks to Consider: There are so many mine fields out there, led by a seemingly slowing U.S. economy, that the risks are too numerous to mention. You'll need to keep a close eye on the market and economic developments throughout this earnings season, as well as the summer, in order to get a clear idea of how to position yourself for the rest of the year. Action to Take --> Note earnings season is just a snapshot in time, and if the coming earnings season is downbeat, it doesn't necessarily portend even tougher times ahead. After all, things looked pretty bleak last summer but seemed to rebound by the fall and winter. So if we have any sort of deep sell-off, then it may prove myopic as the next rebound could still be around the corner, just as was the case in 2010 and again in 2011. [ Note: If you haven't heard about this unique opportunity, then I want to tell you about it now. StreetAuthority has staked me with $100,000 of real money to invest in my absolute best ideas. For a limited time, you'll be able to follow along with me completely free. Go here to learn more .] -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC owns shares of AA, C in one or more if its "real money" portfolios. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa (NYSE: AA ) Reports after the market close on Monday, July 9 Alcoa's quarterly numbers aren't all that important. StreetAuthority LLC owns shares of AA, C in one or more if its "real money" portfolios. But Alcoa's management delivers a lengthy global commentary on the company's quarterly conferencecall , and you can glean a great deal of current economic and industrial trends taking place across the world.	Alcoa (NYSE: AA ) Reports after the market close on Monday, July 9 Alcoa's quarterly numbers aren't all that important. StreetAuthority LLC owns shares of AA, C in one or more if its "real money" portfolios. But Alcoa's management delivers a lengthy global commentary on the company's quarterly conferencecall , and you can glean a great deal of current economic and industrial trends taking place across the world.	Alcoa (NYSE: AA ) Reports after the market close on Monday, July 9 Alcoa's quarterly numbers aren't all that important. StreetAuthority LLC owns shares of AA, C in one or more if its "real money" portfolios. Investors had been anticipating a fairly tough set of reports prior to the most recent earnings season , but they bid up stocks throughout March anyway.	Alcoa (NYSE: AA ) Reports after the market close on Monday, July 9 Alcoa's quarterly numbers aren't all that important. StreetAuthority LLC owns shares of AA, C in one or more if its "real money" portfolios. You'll need to keep a close eye on the market and economic developments throughout this earnings season, as well as the summer, in order to get a clear idea of how to position yourself for the rest of the year.
1580.0	2012-07-09 00:00:00 UTC	After Hours Most Active for Jul 9, 2012 : PG, ABT, XOM, COP, VRSN, AA, HSH, MAKO, QQQ, INTC, MSFT, ASML	AA	https://www.nasdaq.com/articles/after-hours-most-active-jul-9-2012-pg-abt-xom-cop-vrsn-aa-hsh-mako-qqq-intc-msft-asml-2012	nan	nan	The NASDAQ 100 After Hours Indicator is down -1.4 to 2,608.91. The total After hours volume is currently 20,228,836 shares traded. The following are the most active stocks for the after hours session : Procter & Gamble Company (The) ( PG ) is +0.0402 at $61.59, with 4,021,547 shares traded. PG's current last sale is 91.24% of the target price of $67.5. Abbott Laboratories ( ABT ) is unchanged at $65.61, with 3,005,464 shares traded., following a 52-week high recorded in today's regular session. Exxon Mobil Corporation ( XOM ) is +0.05 at $83.70, with 2,854,243 shares traded. As reported by Zacks, the current mean recommendation for XOM is in the "buy range". ConocoPhillips ( COP ) is +0.04 at $54.37, with 1,793,151 shares traded. COP's current last sale is 90.62% of the target price of $60. VeriSign, Inc. ( VRSN ) is unchanged at $43.43, with 1,498,973 shares traded. VRSN's current last sale is 98.7% of the target price of $44. Alcoa Inc. ( AA ) is +0.01 at $8.77, with 1,485,476 shares traded. RTT News Reports: Stocks Close Modestly Lower But Well Off Worst Levels - U.S. Commentary Hillshire Brands Company (The) (HSH) is unchanged at $28.77, with 1,428,000 shares traded. HSH's current last sale is 91.33% of the target price of $31.5. MAKO Surgical Corp. ( MAKO ) is -8.41 at $16.20, with 1,162,860 shares traded. MAKO's current last sale is 46.29% of the target price of $35. PowerShares QQQ Trust, Series 1 ( QQQ ) is unchanged at $64.00, with 1,019,384 shares traded. This represents a 28.18% increase from its 52 Week Low. Intel Corporation ( INTC ) is -0.27 at $25.90, with 633,471 shares traded. INTC's current last sale is 86.33% of the target price of $30. Microsoft Corporation ( MSFT ) is unchanged at $30.00, with 433,216 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.9. As reported by Zacks, the current mean recommendation for MSFT is in the "buy range". ASML Holding N.V. ( ASML ) is +2.74 at $51.20, with 242,732 shares traded. As reported by Zacks, the current mean recommendation for ASML is in the "buy range". The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.01 at $8.77, with 1,485,476 shares traded. The following are the most active stocks for the after hours session : Procter & Gamble Company (The) ( PG ) is +0.0402 at $61.59, with 4,021,547 shares traded. Abbott Laboratories ( ABT ) is unchanged at $65.61, with 3,005,464 shares traded., following a 52-week high recorded in today's regular session.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Alcoa Inc. ( AA ) is +0.01 at $8.77, with 1,485,476 shares traded. As reported by Zacks, the current mean recommendation for XOM is in the "buy range".	Alcoa Inc. ( AA ) is +0.01 at $8.77, with 1,485,476 shares traded. RTT News Reports: Stocks Close Modestly Lower But Well Off Worst Levels - U.S. Commentary Hillshire Brands Company (The) (HSH) is unchanged at $28.77, with 1,428,000 shares traded. Microsoft Corporation ( MSFT ) is unchanged at $30.00, with 433,216 shares traded.	Alcoa Inc. ( AA ) is +0.01 at $8.77, with 1,485,476 shares traded. The NASDAQ 100 After Hours Indicator is down -1.4 to 2,608.91. The following are the most active stocks for the after hours session : Procter & Gamble Company (The) ( PG ) is +0.0402 at $61.59, with 4,021,547 shares traded.
1581.0	2012-07-09 00:00:00 UTC	Alcoa Swings to Q2 Loss, but Adjusted Net Beats View (AA)	AA	https://www.nasdaq.com/articles/alcoa-swings-q2-loss-adjusted-net-beats-view-aa-2012-07-09	nan	nan	Aluminum producer Alcoa Inc. ( AA ) late Monday kicked off the summer earnings season by posting a second quarter loss, but adjusted results bested Wall Street's expectations. The New York-based company reported a second quarter net loss of $2 million, or less than a penny per share, compared with a net profit of $322 million, or 28 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 6 cents per share. Revenue fell more than 9% from last year to $5.96 billion. On average, Wall Street analysts expected a smaller profit of 5 cents per share, on lower revenue of $5.81 billion. Alcoa shares closed mostly flat in Monday trading, and the shares were indicated slightly higher in aftermarket action. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on today's closing stock price of $8.76. The stock has technical support in the $8 price area. If the shares can firm up, we see overhead resistance around the $10-$11 price levels. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum producer Alcoa Inc. ( AA ) late Monday kicked off the summer earnings season by posting a second quarter loss, but adjusted results bested Wall Street's expectations. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on today's closing stock price of $8.76. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	Aluminum producer Alcoa Inc. ( AA ) late Monday kicked off the summer earnings season by posting a second quarter loss, but adjusted results bested Wall Street's expectations. The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on today's closing stock price of $8.76. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on today's closing stock price of $8.76. Aluminum producer Alcoa Inc. ( AA ) late Monday kicked off the summer earnings season by posting a second quarter loss, but adjusted results bested Wall Street's expectations. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	The Bottom Line Shares of Alcoa ( AA ) have a 1.37% dividend yield, based on today's closing stock price of $8.76. Aluminum producer Alcoa Inc. ( AA ) late Monday kicked off the summer earnings season by posting a second quarter loss, but adjusted results bested Wall Street's expectations. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.
1582.0	2012-07-09 00:00:00 UTC	Stock Investors Likely to Take a Pass on Earnings Season	AA	https://www.nasdaq.com/articles/stock-investors-likely-take-pass-earnings-season-2012-07-09	nan	nan	By James Hyerczyk Commodities Trading Advisor After Friday’s dismal jobs data ignited a sell-off on Wall Street, investors will have no time to dwell on the aftermath. This week they face the Federal Open Market Committee’s release of minutes from last month’s meeting, as well as consumer and inflation data. In addition, the focus will be on the earnings reports from Alcoa (AA) and J.P. Morgan (JPM) to name two important ones. Alcoa reports first late Monday but the consensus is mixed as to whether this report will have enough interest to set the tone for the earnings season. Investors are looking for the aluminum giant to report a decline in earnings. A 30% drop in aluminum prices is to blame for the weak outlook. Analysts are looking for Alcoa’s earnings to slump to 6 cents per share with revenue failing to $5.84 billion. This will be a poor showing when compared to last year’s 28 cents and $6.59 billion. JPMorgan Chase & Co. (JPM) will also report earnings this week. Investors will be fervent to know how big of a hit the bank’s earnings took on the fouled up hedge position it reported several weeks ago. At first glance, the initial estimated loss at the bank was $2 billion but current talk on the street suggests it could be as much as $8 billion. International events could also drive equity prices this week. China reports gross domestic product data. Traders are pricing in negative news, but this report could produce a positive surprise. Economists expect China to report year-on-year GDP growth of 7.6 percent, compared to the first quarter figure of 8.1 percent. ECB President Mario Draghi’s testimony before Europe’s parliament on Monday could be a market mover. Of the many investor concerns, the focus remains on Italian and Spanish borrowing costs and how the Euro Region will pay for the recently proposed banking system bailout deal. In my opinion, the most important event for the week will be the release of the FOMC minutes. Last month the U.S. Federal Reserve extended Operation Twist by $267 billion through 2012. This report can move the markets because it often gives investors insight into future policymaking. Stocks dropped sharply on June 20 after the Fed disappointed investors by extending Operation Twist. Investors will be looking for any signs from the Fed that more aggressive action may be necessary especially in the wake of the poor jobs data on Friday. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In addition, the focus will be on the earnings reports from Alcoa (AA) and J.P. Morgan (JPM) to name two important ones. By James Hyerczyk Commodities Trading Advisor After Friday’s dismal jobs data ignited a sell-off on Wall Street, investors will have no time to dwell on the aftermath. This week they face the Federal Open Market Committee’s release of minutes from last month’s meeting, as well as consumer and inflation data.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In addition, the focus will be on the earnings reports from Alcoa (AA) and J.P. Morgan (JPM) to name two important ones. Last month the U.S. Federal Reserve extended Operation Twist by $267 billion through 2012.	In addition, the focus will be on the earnings reports from Alcoa (AA) and J.P. Morgan (JPM) to name two important ones. Alcoa reports first late Monday but the consensus is mixed as to whether this report will have enough interest to set the tone for the earnings season. Investors are looking for the aluminum giant to report a decline in earnings.	In addition, the focus will be on the earnings reports from Alcoa (AA) and J.P. Morgan (JPM) to name two important ones. Investors will be fervent to know how big of a hit the bank’s earnings took on the fouled up hedge position it reported several weeks ago. In my opinion, the most important event for the week will be the release of the FOMC minutes.
1583.0	2012-07-05 00:00:00 UTC	Earnings Preview: Alcoa Inc. - Analyst Blog	AA	https://www.nasdaq.com/articles/earnings-preview%3A-alcoa-inc.-analyst-blog-2012-07-05	nan	nan	Alcoa Inc. ( AA ) is scheduled to report its second-quarter 2012 results after the market closes on Monday, July 9. The Zacks Consensus Estimate for the quarter is a profit of 6 cents per share, representing a significant year-over-year estimated decline of 80.63%. With respect to earnings surprises, the company missed the Zacks Consensus Estimate in three of the trailing four quarters while exceeding in one of the quarters. This is reflected in the average earnings surprise of -23.06%. First Quarter 2012 Synopsis Alcoa reported earnings of 9 cents per share in the first quarter of 2012, down drastically from 27 cents in the first quarter of 2011. Excluding restructuring charges and other items, Alcoa's profit came in at 10 cents per share, beating the Zacks Consensus Estimate of a loss of 4 cents. However, it was lower than the year-ago profit of 28 cents per share. Quarterly revenues increased by 0.3% sequentially to $6,006 million and edged up 0.8% over the prior-year quarter. It surpassed the Zacks Consensus Estimate of $5,735 million. The increase was driven by strong results in Global Rolled Products and Engineered Products and Solutions. Company's Outlook For 2012, Alcoa raised its growth forecast for the aerospace market by 3 percentage points to the range of 13% to 14%. The company expects global growth for the automotive sector to be in the range of 3%-7%, commercial transportation in the range of 1%-5%, packaging in the range of 2%-3%, building and construction in the range of 2.5% - 3.5%, and industrial gas turbine in the band of 1%-2%. The company believes that there will be a deficit in global aluminum supply in 2012 and reiterated its expectation that aluminum demand will grow by 7% globally in this year. Agreement of Estimate Revisions In the past 30 days, ten analysts made downward revisions while none of the analysts made upward revision for the second quarter of 2012. In the last seven days, four analysts made downward revision and only one analyst made an upward revision of estimate. Magnitude of Estimate Revisions Analysts gradually lower their estimates on Alcoa for the second quarter. The Zacks Consensus Estimate for the quarter has been reduced to 6 cents per share recently from 12 cents in the last 90 days and 8 cents in the last 7 days. Our Viewpoint We believe that Alcoa's outlook depends on the uncertainties in the aluminum market. We are concerned about the volatile prices of aluminum and rising raw material costs. We expect rising energy and raw material (especially caustic soda) costs to continue constraining margin. Alcoa is also aggressively slashing cost. The company curtailed 390,000 metric tons of its system smelting capacity to improve its competitive position. In the first quarter of 2012, the company announced the permanent closure of the Tennessee smelter as part of its initiative to reduce costs. The company also announced that it will permanently close two of the six idled potlines at its Rockdale, Texas smelter. In addition to the closures and curtailments, Alcoa plans to aggressively accelerate actions to reduce the cost of raw materials used by its Primary Products business and will adjust capacity across the company's global refining system to reflect internal demand as well as prevailing market conditions. However, we are optimistic about Alcoa's long-term growth projects in China, Russia, Jamaica, Suriname, Brazil and Saudi Arabia. Demand from these countries is expected to increase its alumina and aluminum production while lowering its operating costs. The company has established itself already as a key domestic supplier in some of the markets like packaging, aerospace, and commercial and transportation in Russia. Alcoa also faces stiff competition from Aluminum Corporation of China Limited ( ACH ) and Rio Tinto plc. ( RIO ). In view of the above stated reasons, the company retains a Zacks #3 Rank, indicating a short-term (1 to 3 months) "Hold" rating. Currently, we have a long-term (more than 6 months) "Neutral" recommendation on the stock. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is scheduled to report its second-quarter 2012 results after the market closes on Monday, July 9. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. In addition to the closures and curtailments, Alcoa plans to aggressively accelerate actions to reduce the cost of raw materials used by its Primary Products business and will adjust capacity across the company's global refining system to reflect internal demand as well as prevailing market conditions.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc. ( AA ) is scheduled to report its second-quarter 2012 results after the market closes on Monday, July 9. In the last seven days, four analysts made downward revision and only one analyst made an upward revision of estimate.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc. ( AA ) is scheduled to report its second-quarter 2012 results after the market closes on Monday, July 9. First Quarter 2012 Synopsis Alcoa reported earnings of 9 cents per share in the first quarter of 2012, down drastically from 27 cents in the first quarter of 2011.	Alcoa Inc. ( AA ) is scheduled to report its second-quarter 2012 results after the market closes on Monday, July 9. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate for the quarter has been reduced to 6 cents per share recently from 12 cents in the last 90 days and 8 cents in the last 7 days.
1584.0	2012-07-03 00:00:00 UTC	Alcoa’s Estimates Cut at Dahlman Rose on Weak Aluminum Prices, but Still a “Buy” (AA)	AA	https://www.nasdaq.com/articles/alcoas-estimates-cut-dahlman-rose-weak-aluminum-prices-still-buy-aa-2012-07-03	nan	nan	Aluminum producer Alcoa Inc. ( AA ) on Tuesday received some mixed commentary from analysts at Dahlman Rose. The firm lowered its second quarter earnings estimates for AA from 7 cents per share on $640 million in revenue, to 3 cents per share on revenue of $550 million. Dahlman Rose maintained its "Buy" rating and $14.65 price target, however, which suggests a massive 70% upside to the stock's Monday closing price of $8.63. A Dahlman Rose analyst commented, "We are lowering our 2Q12 estimates to reflect recent LME aluminum price declines and believe that consensus estimates still need to come down. While we are encouraged by recent downstream performance, the company's upstream business should continue to weigh on the shares amid depressed LME prices." Alcoa shares rose 20 cents, or +2.4%, in morning trading Tuesday. The Bottom Line Alcoa currently offers a 1.39% dividend yield, based on last night's closing price of $8.63 and the company's annualized dividend payout of 12 cents per share. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum producer Alcoa Inc. ( AA ) on Tuesday received some mixed commentary from analysts at Dahlman Rose. The firm lowered its second quarter earnings estimates for AA from 7 cents per share on $640 million in revenue, to 3 cents per share on revenue of $550 million. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	The firm lowered its second quarter earnings estimates for AA from 7 cents per share on $640 million in revenue, to 3 cents per share on revenue of $550 million. Aluminum producer Alcoa Inc. ( AA ) on Tuesday received some mixed commentary from analysts at Dahlman Rose. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	The firm lowered its second quarter earnings estimates for AA from 7 cents per share on $640 million in revenue, to 3 cents per share on revenue of $550 million. Aluminum producer Alcoa Inc. ( AA ) on Tuesday received some mixed commentary from analysts at Dahlman Rose. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.	Aluminum producer Alcoa Inc. ( AA ) on Tuesday received some mixed commentary from analysts at Dahlman Rose. The firm lowered its second quarter earnings estimates for AA from 7 cents per share on $640 million in revenue, to 3 cents per share on revenue of $550 million. Alcoa Inc. ( AA ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 2.9 out of 5 stars.
1585.0	2012-07-03 00:00:00 UTC	Bulls Claim Victory in Shortened Session; Dow Jumps 72 Points	AA	https://www.nasdaq.com/articles/bulls-claim-victory-shortened-session-dow-jumps-72-points-2012-07-03	nan	nan	After a very sluggish start to the pre-holiday session, the Dow Jones Industrial Average (DJI) finally got moving, ending at its highest level in nearly two months. "It was simply a light volume day, with very little news out there," observed Schaeffer's Senior Technical Strategist Ryan Detrick. "We've found these days tend to trend higher, and that's exactly what happened." Keep reading to see what else was on our radar today: How does a mid-week holiday usually pan out for stocks ? Plus, selling climaxes and further proof that the market has reached a major bottom . And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 12,943.82) spent just a few minutes lower this morning, but made the shift into positive territory, closing the abbreviated session 72.4 points, or 0.6%, higher. Twenty-three of the 30 blue chips ended with gains, as Caterpillar ( CAT ) and Alcoa ( AA ) led the winning components with upticks of 3.3% and 3.2%, respectively. Home Depot's ( HD ) 2.6% tumble paced the seven losing issues. The S&P 500 Index (SPX - 1,374.02)* edged out a victory today, adding 5.3 points, or 0.4%. Meanwhile, the Nasdaq Composite (COMP - 2,976.08) posted an increase of 24.9 points, or 0.8%, turning in the best performance of its fellow peers. The CBOE Market Volatility Index (VIX - 16.65) didn't move much by the closing bell, ticking 0.2% lower. Today's highlight : "After a shortened summer session, it'll be nice to have tomorrow off to enjoy the holiday with family and friends," said Detrick. Turning to today's major market stories... Independence Day and market movement : Schaeffer's Senior Quantitative Analyst Rocky White studied the impact of the mid-week holiday on the SPX . Ryan Detrick suggested that the abundance of stocks making selling climaxes could prompt a summer rally. The Coca-Cola Company ( KO ) and Groupon Inc ( GRPN ) were among the equities making record-breaking runs today. Analysts weighed in on biotech issue Amylin Pharmaceuticals, Inc. (AMLN) and telecom giant QUALCOMM, Inc. (QCOM) . Put activity neared an annual peak on MAKO Surgical Corp. (MAKO). Xerox Corporation (XRX) put players rolled their bets up and out . As Agrium Inc. (AGU) danced beneath new-high territory, call players initiated new positions . Best Buy Co., Inc. (BBY) continued to see a surge in options volume . Front-month calls have been flying off the shelf on Yamana Gold Inc. (AUY). Don't forget to check out the July edition of Bernie Schaeffer's Option Advisor market commentary. For today's activity in commodities, options, and more, head to page 2. Following yesterday's sell-off, oil futures have charged decidedly higher today, reaching levels not touched since late May. The commodity is soaring on mounting tensions between Iran and the West concerning sanctions against the oil-rich nation. Black gold also caught a lift from a better-than-expected rise for U.S. factory orders in May. At 1:00 p.m. EST, August-dated crude is up $3.28, or 3.9%, to trade at $87.03 a barrel. In similar fashion, gold futures reversed Monday's weakness and have surged higher today, eclipsing $1,600, on expectations for a European Central Bank (ECB) rate cut. Gold for August delivery is up $24.50, or 1.5%, trading at $1,622.20 an ounce, at 1:00 p.m. EST. Levels to watch in trading... Dow Jones Industrial Average (DJI - 12,943.82) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,370.81) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,976.08) - support at 2,400; resistance at 3,400 Click the links for coverage on today's notable annual highs and notable annual lows . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. *Editorial note, 7/5/12: The closing numbers for certain indexes (SPX, OEX, RUT, VIX) were corrected from earlier figures. We apologize for any confusion this may have caused. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Twenty-three of the 30 blue chips ended with gains, as Caterpillar ( CAT ) and Alcoa ( AA ) led the winning components with upticks of 3.3% and 3.2%, respectively. After a very sluggish start to the pre-holiday session, the Dow Jones Industrial Average (DJI) finally got moving, ending at its highest level in nearly two months. The Dow Jones Industrial Average (DJI - 12,943.82) spent just a few minutes lower this morning, but made the shift into positive territory, closing the abbreviated session 72.4 points, or 0.6%, higher.	Twenty-three of the 30 blue chips ended with gains, as Caterpillar ( CAT ) and Alcoa ( AA ) led the winning components with upticks of 3.3% and 3.2%, respectively. After a very sluggish start to the pre-holiday session, the Dow Jones Industrial Average (DJI) finally got moving, ending at its highest level in nearly two months. The Dow Jones Industrial Average (DJI - 12,943.82) spent just a few minutes lower this morning, but made the shift into positive territory, closing the abbreviated session 72.4 points, or 0.6%, higher.	Twenty-three of the 30 blue chips ended with gains, as Caterpillar ( CAT ) and Alcoa ( AA ) led the winning components with upticks of 3.3% and 3.2%, respectively. Independence Day and market movement : Schaeffer's Senior Quantitative Analyst Rocky White studied the impact of the mid-week holiday on the SPX . Levels to watch in trading... Dow Jones Industrial Average (DJI - 12,943.82) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,370.81) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,976.08) - support at 2,400; resistance at 3,400 Click the links for coverage on today's notable annual highs and notable annual lows .	Twenty-three of the 30 blue chips ended with gains, as Caterpillar ( CAT ) and Alcoa ( AA ) led the winning components with upticks of 3.3% and 3.2%, respectively. The Dow Jones Industrial Average (DJI - 12,943.82) spent just a few minutes lower this morning, but made the shift into positive territory, closing the abbreviated session 72.4 points, or 0.6%, higher. For today's activity in commodities, options, and more, head to page 2.
1586.0	2012-07-03 00:00:00 UTC	Market Wrap-up for July 3	AA	https://www.nasdaq.com/articles/market-wrap-july-3-2012-07-03	nan	nan	The markets rose in abbreviated trading today, helped by an unexpected uptick in factory orders. The Commerce Department said that May orders rose 0.7% from April. This move follows two straight months of factor order declines. Quick note: the markets will be closed tomorrow (Wednesday) in observance of the Independence Day holiday. In stock-related news, Duke Energy ( DUK ) (one of our current recommendations) completed the acquisition of Progress Energy. The company then did a 1-for-3 stock split and named a new CEO. We expect the company to continue its previous payout level following the merger. For more information, see our article here , as well as Duke's Investor Relations section here . Elsewhere in the markets, Alcoa ( AA ) shares are higher despite a cautious analyst note . The aluminum producer has struggled badly as of late, as demand for its metals has slumped. Meanwhile, Wal-Mart ( WMT ) share are hitting new 52-week highs. Finally, Gold ( GLD ) prices are jumping around 1.4%, and Oil ( USO ) is up $3.65, or +4.4%, following yesterday's decline. We'll be keeping a close eye on these commodity price movements as the summer progresses. Getting Back a Piece of Your Youth There are pressures all around adults these days from the economy, finances, careers, and whatever else. If you think back to when we were all younger, we'd often hear adults mumble how kids don't have a worry in the world. Fast forward to later in life and you see the pressures I just mentioned begin to mount. Depression has become a common symptom for adults as a result of the pressures. If we can somehow get back the mindset we had in our youth, I can guarantee you that life would be a lot more enjoyable. How can we do this? How about taking a mental break for some "recess" time. As a kid in school, how I would look forward to going outside and play with my friends. We didn't know what it was we do often times, but ideas would come quick and the next thing you know we were "free." As an adult, we need time like this each and every day if possible, regardless of the pressures around us. I see too many adults these days with too serious of a demeanor, and it saddens me to think that any particular item can overwhelm someone to the point where laughter is hard to come by. It's not just this current generation or time period that undergoes the stress I am describing. If you watch older TV movies or shows, you would see the same things affect lives decades ago. Back then, some of the problems centered around the loneliness of kids getting married and leaving the nest, leaving the mother of the household lonely without any of the chores they were used to doing. Being a homemaker, they would always be busy, but when the children moves out, mothers were confused as to what their daily lives would become. In today's society, the thrill of the unknown is becoming less and less. You want answers to most questions, just turn on your computer and you'll find numerous answers from many different sources. That's not necessarily a bad thing, but adults can tell you how quickly kids of this generation know so much more than most of us adults would have known back in our day. I know the main focus of what we do at Dividend.com is to help people gain a knowledge of better investing ideas through our research, but I like to remind myself and others that we do need to enjoy our life as much as we can, regardless of any trials and tribulations we may be currently facing. Turning away from the negatives and those who may carry that crutch is one way to do it, but we need to just remember what it's like to be a child and how much fun things were. If we take more enjoyment in what we have - and what we can achieve - we'll all be primed for more success in all of our endeavors. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Elsewhere in the markets, Alcoa ( AA ) shares are higher despite a cautious analyst note . The markets rose in abbreviated trading today, helped by an unexpected uptick in factory orders. Quick note: the markets will be closed tomorrow (Wednesday) in observance of the Independence Day holiday.	Elsewhere in the markets, Alcoa ( AA ) shares are higher despite a cautious analyst note . In stock-related news, Duke Energy ( DUK ) (one of our current recommendations) completed the acquisition of Progress Energy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Elsewhere in the markets, Alcoa ( AA ) shares are higher despite a cautious analyst note . Getting Back a Piece of Your Youth There are pressures all around adults these days from the economy, finances, careers, and whatever else. As an adult, we need time like this each and every day if possible, regardless of the pressures around us.	Elsewhere in the markets, Alcoa ( AA ) shares are higher despite a cautious analyst note . This move follows two straight months of factor order declines. As an adult, we need time like this each and every day if possible, regardless of the pressures around us.
1587.0	2012-07-02 00:00:00 UTC	Alcoa to Sell Hydropower Project - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-to-sell-hydropower-project-analyst-blog-2012-07-02	nan	nan	Aluminum giant, Alcoa Inc. ( AA ) struck a deal with Brookfield Renewable Energy Partners to sell its Tapoco Hydroelectric Project. Alcoa expects to receive $600 million from the sale, which is expected to close by the end of 2012. The 351-megawatt Tapoco Hydroelectric project is located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and western North Carolina. It is operated by the wholly owned subsidiary of Alcoa, known as Alcoa Power Generating Inc. The deal includes four generating stations and dams along the Little Tennessee and Cheoah rivers, 86 miles of transmission line and 14,500 acres of land. J.P. Morgan is the advisor for Alcoa in the transaction. Brookfield Renewable Energy Partners operates renewable power platforms globally. Its portfolio is primarily hydroelectric, with about 5,000 megawatts of installed capacity. Pennsylvania-based Alcoa Inc. is among the world's leading producers of primary and fabricated aluminum and alumina. The company is engaged in mining, refining, smelting, fabricating and recycling of aluminum. Few months back, Alcoa released its first-quarter 2012 results. The company reported earnings of 9 cents per share in the quarter, down drastically from earnings of 27 cents in the first quarter of 2011. Excluding restructuring charges and other items, Alcoa's profit came in at 10 cents per share, beating the Zacks Consensus Estimate of a loss of 4 cents, but missing the year-ago profit of 28 cents. The impressive results were attributable to higher production and volumes, and improved market conditions. Quarterly revenues inched up 0.3% sequentially to $6,006 million and edged up 0.8% over the prior-year quarter. It surpassed the Zacks Consensus Estimate of $5,735 million. The increase in revenues was driven by strong results in the company's Global Rolled Products and Engineered Products and Solutions businesses. Alcoa competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ). Currently, the stock maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum giant, Alcoa Inc. ( AA ) struck a deal with Brookfield Renewable Energy Partners to sell its Tapoco Hydroelectric Project. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The deal includes four generating stations and dams along the Little Tennessee and Cheoah rivers, 86 miles of transmission line and 14,500 acres of land.	Aluminum giant, Alcoa Inc. ( AA ) struck a deal with Brookfield Renewable Energy Partners to sell its Tapoco Hydroelectric Project. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Brookfield Renewable Energy Partners operates renewable power platforms globally.	Aluminum giant, Alcoa Inc. ( AA ) struck a deal with Brookfield Renewable Energy Partners to sell its Tapoco Hydroelectric Project. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. Excluding restructuring charges and other items, Alcoa's profit came in at 10 cents per share, beating the Zacks Consensus Estimate of a loss of 4 cents, but missing the year-ago profit of 28 cents.	Aluminum giant, Alcoa Inc. ( AA ) struck a deal with Brookfield Renewable Energy Partners to sell its Tapoco Hydroelectric Project. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report To read this article on Zacks.com click here. The 351-megawatt Tapoco Hydroelectric project is located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and western North Carolina.
1588.0	2012-07-02 00:00:00 UTC	After Hours Most Active for Jul 2, 2012 : CHSI, AA, SOA, NLY, BAC, ITUB, WIN, QQQ, INTC, STZ, MSFT, LNCR	AA	https://www.nasdaq.com/articles/after-hours-most-active-jul-2-2012-chsi-aa-soa-nly-bac-itub-win-qqq-intc-stz-msft-lncr	nan	nan	The NASDAQ 100 After Hours Indicator is down -1.92 to 2,623.11. The total After hours volume is currently 14,932,788 shares traded. The following are the most active stocks for the after hours session : Catalyst Health Solutions, Inc ( CHSI ) is +0.3 at $92.30, with 907,643 shares traded. CHSI's current last sale is 114.66% of the target price of $80.5. Alcoa Inc. ( AA ) is +0.005 at $8.63, with 899,853 shares traded.AA is scheduled to provide an earnings report on 7/9/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.07 per share, which represents a 32 percent increase over the EPS one Year Ago Solutia Inc ( SOA ) is +0.03 at $27.85, with 761,103 shares traded. SOA's current last sale is 99.46% of the target price of $28. Annaly Capital Management Inc ( NLY ) is -0.03 at $16.92, with 756,704 shares traded. NLY's current last sale is 101.01% of the target price of $16.75. Bank of America Corporation ( BAC ) is -0.03 at $8.02, with 609,516 shares traded. BAC's current last sale is 80.2% of the target price of $10. Itau Unibanco Banco Holding SA ( ITUB ) is -0.1018 at $14.08, with 529,589 shares traded. As reported by Zacks, the current mean recommendation for ITUB is in the "buy range". Windstream Corporation ( WIN ) is -0.01 at $9.81, with 486,231 shares traded. WIN's current last sale is 85.3% of the target price of $11.5. PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.1 at $64.25, with 481,266 shares traded. This represents a 28.68% increase from its 52 Week Low. Intel Corporation ( INTC ) is -0.015 at $26.65, with 469,436 shares traded. INTC's current last sale is 88.83% of the target price of $30. Constellation Brands Inc ( STZ ) is +0.19 at $29.00, with 456,229 shares traded., following a 52-week high recorded in today's regular session. Microsoft Corporation ( MSFT ) is -0.13 at $30.43, with 402,134 shares traded. Over the last four weeks they have had 11 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2012. The consensus EPS forecast is $0.9. As reported by Zacks, the current mean recommendation for MSFT is in the "buy range". Lincare Holdings Inc. ( LNCR ) is -0.01 at $41.34, with 380,883 shares traded., following a 52-week high recorded in today's regular session. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Alcoa Inc. ( AA ) is +0.005 at $8.63, with 899,853 shares traded.AA is scheduled to provide an earnings report on 7/9/2012, for the fiscal quarter ending Jun2012. The following are the most active stocks for the after hours session : Catalyst Health Solutions, Inc ( CHSI ) is +0.3 at $92.30, with 907,643 shares traded. Constellation Brands Inc ( STZ ) is +0.19 at $29.00, with 456,229 shares traded., following a 52-week high recorded in today's regular session.	Alcoa Inc. ( AA ) is +0.005 at $8.63, with 899,853 shares traded.AA is scheduled to provide an earnings report on 7/9/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.07 per share, which represents a 32 percent increase over the EPS one Year Ago Solutia Inc ( SOA ) is +0.03 at $27.85, with 761,103 shares traded. Constellation Brands Inc ( STZ ) is +0.19 at $29.00, with 456,229 shares traded., following a 52-week high recorded in today's regular session.	Alcoa Inc. ( AA ) is +0.005 at $8.63, with 899,853 shares traded.AA is scheduled to provide an earnings report on 7/9/2012, for the fiscal quarter ending Jun2012. The consensus earnings per share forecast is 0.07 per share, which represents a 32 percent increase over the EPS one Year Ago Solutia Inc ( SOA ) is +0.03 at $27.85, with 761,103 shares traded. Windstream Corporation ( WIN ) is -0.01 at $9.81, with 486,231 shares traded.	Alcoa Inc. ( AA ) is +0.005 at $8.63, with 899,853 shares traded.AA is scheduled to provide an earnings report on 7/9/2012, for the fiscal quarter ending Jun2012. The NASDAQ 100 After Hours Indicator is down -1.92 to 2,623.11. NLY's current last sale is 101.01% of the target price of $16.75.
1589.0	2012-06-29 00:00:00 UTC	Why I Think These 2 Commodity Stocks Will Make You Money	AA	https://www.nasdaq.com/articles/why-i-think-these-2-commodity-stocks-will-make-you-money-2012-06-29	nan	nan	Investors have been fretting about a weaker economy and the implications for economically-sensitive assets such as steel, copper, iron ore and other commodities. Indeed, the underlying spot prices for several key commodities are at multi-year lows and stock prices of commodity-sensitive companies have also been quite weak. Yet I continue to think such a backdrop spells opportunity. That's why I added Alcoa (NYSE: AA ) to my $100,000 Real-Money Portfolio at the start of the year , and then added copper and gold producer Freeport-McMoran (NYSE: FCX ) to the portfolio in April 2012. Did I think these stocks were poised for an imminent rally? No. I only believed they represented the chance for great multi-year gains and, equally important, likely carried a solid degree of downside protection. How has this view played out? Even as the global economic outlook has weakened considerably since the start of the year, this economically-sensitive stock has fallen less than 10%. Crucially, with this stock price near tangible book value (of about $8.25 a share) I don't see a lot more downside. I'll take that. And though I doubt shares will hit the $40 mark anytime soon (which is where they traded back in 2007), a move to $15, $20 or even $25 looks to be in the cards in a year or two. This kind of positioning is in keeping with my portfolio strategy: "Look for stocks with limited downside but potentially long-term upside." What about Freeport-McMoran? Since I added this stock to my portfolio in late April, copper prices have fallen from roughly $3.65 a pound to a recent $3.35. Shares have fallen from $37 to $32 since then, which I'm not happy about, but also see as a small downward move in the context of a potentially more robust long-term gain. Completely different drivers Though both of these commodity-sensitive stocks are surely affected by the current scary economic picture in Europe, the factors that will help determine future performance are quite different. For Alcoa, a rebound could only come when global aluminum demand exceeds supply. I recommended this stock in January precisely because the Chinese government was signaling plans to curtail domestic aluminum output, as the manufacturing process is very energy-intensive. Alcoa, which has the lowest-cost smelters in the world, stood a chance to greatly benefit from supply reductions by rivals. The company even showed its own industry leadership by announcing capacity cuts back in February. Trouble is, China never followed through on its promise, so supply has not been cut to the extent that I had expected. Yet it's crucial to note that Alcoa is currently operating at break-even in the context of current spot aluminum prices (of about 82 cents per pound), while major rivals are operating at a loss, due to their higher-cost smelters. As a result, I still expect to see industry capacity cuts in coming quarters and eventually a solid rebound in demand. When that happens, this stock will likely go considerably higher, perhaps 100% of 150% above current levels. The global picture for Freeport McMoran differs. The copper market is actually quite undersupplied right now and key copper inventories are dropping. The fact that copper prices -- and this stock -- are falling is solely due to fears of an ever-deeper economic slowdown. Yet even a drop in demand may still keep this market undersupplied, so copper prices should stage a solid rally when commodity traders come to see that a copper glut has not emerged. That should light a fire under this stock, though I caution that it may not come before 2013. And this stock could slip into the upper $20s before any such rally kicks in. A shared virtue The key appeal for these two stocks is the nature of their assets. Alcoa operates the world's most advanced network of aluminum smelters and a set of appealing downstream businesses as well. Freeport-McMoran owns some of the most productive copper mines in the world, and notably, geologists believe we'll be past the peak point of supply for copper within a few years as the world's most productive copper mines start to play out. So Alcoa and Freeport-McMoran are sitting on a world-class set of assets, which again, provides support to shares in scary economic times. Risks to Consider: Though Alcoa appears to have solid support in the current $8.25-8.75 range, Freeport-McMoran is a bit more volatile and, as noted earlier, could move another 10% to 15% lower from here before any eventual rebound. Action to Take --> On these companies' upcoming quarterly conference calls, listen closely for discussions of industry supply and demand. Alcoa has deep insights into global supply trends, so management's commentary will likely set the tone for the rest of the year. Freeport-McMoran is likely to continue to highlight the fact that copper demand still exceeds supply, even as the global economy stinks. I don't anticipate either of these companies delivering second-quarter results that will ignite shares. Instead, it will be the broad investor sense that the European crisis has (at least temporarily) been contained. Or it may be the expectation that the new round of Chinese economic stimulus will bolster commodity prices. In a nutshell, the backdrop for these stocks is simply lousy right now, which is why I find them so appealing. You only make money in commodity stocks when they are deeply out of favor. [ Note: Be sure not to miss a single thing and have $100,000 Portfolio updates sent to your email inbox, free for a limited time, as soon as they're published by signing up here .] -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC owns shares of FCX, AA in one or more if its "real money" portfolios. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	That's why I added Alcoa (NYSE: AA ) to my $100,000 Real-Money Portfolio at the start of the year , and then added copper and gold producer Freeport-McMoran (NYSE: FCX ) to the portfolio in April 2012. StreetAuthority LLC owns shares of FCX, AA in one or more if its "real money" portfolios. I recommended this stock in January precisely because the Chinese government was signaling plans to curtail domestic aluminum output, as the manufacturing process is very energy-intensive.	That's why I added Alcoa (NYSE: AA ) to my $100,000 Real-Money Portfolio at the start of the year , and then added copper and gold producer Freeport-McMoran (NYSE: FCX ) to the portfolio in April 2012. StreetAuthority LLC owns shares of FCX, AA in one or more if its "real money" portfolios. As a result, I still expect to see industry capacity cuts in coming quarters and eventually a solid rebound in demand.	That's why I added Alcoa (NYSE: AA ) to my $100,000 Real-Money Portfolio at the start of the year , and then added copper and gold producer Freeport-McMoran (NYSE: FCX ) to the portfolio in April 2012. StreetAuthority LLC owns shares of FCX, AA in one or more if its "real money" portfolios. Yet even a drop in demand may still keep this market undersupplied, so copper prices should stage a solid rally when commodity traders come to see that a copper glut has not emerged.	That's why I added Alcoa (NYSE: AA ) to my $100,000 Real-Money Portfolio at the start of the year , and then added copper and gold producer Freeport-McMoran (NYSE: FCX ) to the portfolio in April 2012. StreetAuthority LLC owns shares of FCX, AA in one or more if its "real money" portfolios. For Alcoa, a rebound could only come when global aluminum demand exceeds supply.
1590.0	2012-06-29 00:00:00 UTC	Economic Focus in Holiday-Shortened Week - Earnings Preview	AA	https://www.nasdaq.com/articles/economic-focus-holiday-shortened-week-earnings-preview-2012-06-29	nan	nan	Announcements out of the Euro-zone summit have significantly brought down concerns about that region, at least for now. ( See here for a focused discussion .) Attention now shifts to the domestic scene, where the holiday-shortened week is chock full of material economic reports, with the June non-farm payroll report giving us a good sense of developments in the labor market. Other key reports include the manufacturing and non-manufacturing ISM surveys. We don't have much on the earnings front next week, with only a handful of lesser-known companies reporting results. The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Given the overall low expectations for the second quarter, we will likely see a replay of the first quarter results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. The Chicago PMI report, which historically has had a strong correlation with the national manufacturing ISM reading, came roughly in-line with expectations on Friday. We also have the May Construction Spending report coming out at the same time as the ISM report. The expectation is for construction spending to come down from April's 0.3% growth pace. The only notable earnings release this morning is from lighting solutions provider Acuity Brands ( AYI ) before the open. Tuesday - 7/3 We will get the May Factory Orders report after the market opens, with expectations of 0.1% growth following 0.6% drop in March. We will also be getting the June motor vehicle sales numbers throughout the day, with the annualized sales pace in June expected to increase to 14 million from May's 13.8 million pace. The only notable earnings release this day is from JDA Software ( JDAS ), after the close. Wednesday - 7/4 July 4th holiday. Thursday - 7/5 We have a busy day of economic releases, with the June ADP (ADP) report and the weekly Jobless Claims data coming out in the morning, while the non-manufacturing ISM report coming out after the market opens. The ADP report is the last major release before Friday's jobs report and will set the tone for market expectations for the Friday number. The Non-Manufacturing ISM report is expected to pullback modestly from May's 53.7 level. International Speedway ( ISCA ), the motorsports promoter, will report results in the morning, while U.K.-based tech company Xyratex ( XRTX ) will report after the close. Friday - 7/6 The June non-farm payroll report is expected to bring in 100K jobs following the 69K jobs tally in May. The unemployment rate is expected to remain unchanged at 8.2%. Following three months of disappointing jobs reports, expectations have come down significantly. But it will be interesting to see if even these lowered expectations will be met on Friday. Note: There are no earnings releases aside from ones mentioned here already. To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. The Chicago PMI report, which historically has had a strong correlation with the national manufacturing ISM reading, came roughly in-line with expectations on Friday.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. We will also be getting the June motor vehicle sales numbers throughout the day, with the annualized sales pace in June expected to increase to 14 million from May's 13.8 million pace.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. Thursday - 7/5 We have a busy day of economic releases, with the June ADP (ADP) report and the weekly Jobless Claims data coming out in the morning, while the non-manufacturing ISM report coming out after the market opens.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. We don't have much on the earnings front next week, with only a handful of lesser-known companies reporting results. The expectation is for construction spending to come down from April's 0.3% growth pace.
1591.0	2012-06-29 00:00:00 UTC	Earnings Focus in Holiday-Shortened Week - Earnings Preview	AA	https://www.nasdaq.com/articles/earnings-focus-holiday-shortened-week-earnings-preview-2012-06-29	nan	nan	Announcements out of the Euro-zone summit have significantly brought down concerns about that region, at least for now. ( See here for a focused discussion .) Attention now shifts to the domestic scene, where the holiday-shortened week is chock full of material economic reports, with the June non-farm payroll report giving us a good sense of developments in the labor market. Other key reports include the manufacturing and non-manufacturing ISM surveys. We don't have much on the earnings front next week, with only a handful of lesser-known companies reporting results. The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Given the overall low expectations for the second quarter, we will likely see a replay of the first quarter results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. The Chicago PMI report, which historically has had a strong correlation with the national manufacturing ISM reading, came roughly in-line with expectations on Friday. We also have the May Construction Spending report coming out at the same time as the ISM report. The expectation is for construction spending to come down from April's 0.3% growth pace. The only notable earnings release this morning is from lighting solutions provider Acuity Brands ( AYI ) before the open. Tuesday - 7/3 We will get the May Factory Orders report after the market opens, with expectations of 0.1% growth following 0.6% drop in March. We will also be getting the June motor vehicle sales numbers throughout the day, with the annualized sales pace in June expected to increase to 14 million from May's 13.8 million pace. The only notable earnings release this day is from JDA Software ( JDAS ), after the close. Wednesday - 7/4 July 4th holiday. Thursday - 7/5 We have a busy day of economic releases, with the June ADP (ADP) report and the weekly Jobless Claims data coming out in the morning, while the non-manufacturing ISM report coming out after the market opens. The ADP report is the last major release before Friday's jobs report and will set the tone for market expectations for the Friday number. The Non-Manufacturing ISM report is expected to pullback modestly from May's 53.7 level. International Speedway ( ISCA ), the motorsports promoter, will report results in the morning, while U.K.-based tech company Xyratex ( XRTX ) will report after the close. Friday - 7/6 The June non-farm payroll report is expected to bring in 100K jobs following the 69K jobs tally in May. The unemployment rate is expected to remain unchanged at 8.2%. Following three months of disappointing jobs reports, expectations have come down significantly. But it will be interesting to see if even these lowered expectations will be met on Friday. Note: There are no earnings releases aside from ones mentioned here already. To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. The Chicago PMI report, which historically has had a strong correlation with the national manufacturing ISM reading, came roughly in-line with expectations on Friday.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. We will also be getting the June motor vehicle sales numbers throughout the day, with the annualized sales pace in June expected to increase to 14 million from May's 13.8 million pace.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. Thursday - 7/5 We have a busy day of economic releases, with the June ADP (ADP) report and the weekly Jobless Claims data coming out in the morning, while the non-manufacturing ISM report coming out after the market opens.	The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. We don't have much on the earnings front next week, with only a handful of lesser-known companies reporting results. The expectation is for construction spending to come down from April's 0.3% growth pace.
1592.0	2012-06-28 00:00:00 UTC	Alcoa ColorKast Debuts with Samsung - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-colorkast-debuts-with-samsung-analyst-blog-2012-06-28	nan	nan	Aluminum heavyweight Alcoa Inc. ( AA ) has achieved a key milestone as its aluminum die casting technology, dubbed ColorKast, has been used by Samsung in its new digital camera, marking the first major push of this innovative technology in the consumer electronics space. ColorKast allows Alcoa to make color anodizable aluminum die cast components with high-end cosmetics. This breakthrough technology was featured on Samsung's new digital camera, NX210, which has a built-in Wi-Fi connectivity. ColorKast's performance and aesthetic requirements were validated with Alcoa's South Korean marketing ally Global Kwangsung before its entry to the market. Alcoa said that other consumer electronic makers are keen on using this novel technology in their products. ColorKast enables consumer electronics manufacturers to develop high-end, lightweight and cost-effective components for portable electronic devices leveraging Alcoa's proprietary alloy, process and finishing technologies, developed at the company's technical center in New Kensington, Pennsylvania. Products made from ColorKast not only have the rich, metallic look and feel of anodized aluminum but are also eco-friendly given the infinite recyclability of aluminum. This results in a better green solution vis-à-vis plastics and/or composites. Recycled aluminum produces 95% less greenhouse gas emissions compared to new aluminum. Alcoa saw roughly 18% growth in the consumer electronics end market in the last reported quarter. It remains actively focused on boosting its foothold in this fast-growing market. The company sees healthy growth in aluminum content in electronic devices, especially in products like notebooks and LCD TVs, over the next few years. Use of aluminum in consumer electronics has been growing rapidly as the industry increasingly looks for the metal for its light weight, recyclability, aesthetic quality and the ability to be a heat sink. Given these qualities, the use of the metal is increasing in hand-held and other portable electronic devices. Alcoa expects the global demand for aluminum to grow 7% in 2012 as it remains confident that the increased consumption patterns in North America, Brazil, India and Russia will contribute to the increased demand. The company projects an 8% growth in Asia (excluding China) this year. We currently have a long-term Neutral recommendation on Alcoa. The company, which competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc. ( RIO ) among others, holds a short-term Zacks #3 Rank (Hold). ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report (SSNLF): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Aluminum heavyweight Alcoa Inc. ( AA ) has achieved a key milestone as its aluminum die casting technology, dubbed ColorKast, has been used by Samsung in its new digital camera, marking the first major push of this innovative technology in the consumer electronics space. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report (SSNLF): ETF Research Reports To read this article on Zacks.com click here. ColorKast allows Alcoa to make color anodizable aluminum die cast components with high-end cosmetics.	ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report (SSNLF): ETF Research Reports To read this article on Zacks.com click here. Aluminum heavyweight Alcoa Inc. ( AA ) has achieved a key milestone as its aluminum die casting technology, dubbed ColorKast, has been used by Samsung in its new digital camera, marking the first major push of this innovative technology in the consumer electronics space. ColorKast enables consumer electronics manufacturers to develop high-end, lightweight and cost-effective components for portable electronic devices leveraging Alcoa's proprietary alloy, process and finishing technologies, developed at the company's technical center in New Kensington, Pennsylvania.	Aluminum heavyweight Alcoa Inc. ( AA ) has achieved a key milestone as its aluminum die casting technology, dubbed ColorKast, has been used by Samsung in its new digital camera, marking the first major push of this innovative technology in the consumer electronics space. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report (SSNLF): ETF Research Reports To read this article on Zacks.com click here. ColorKast enables consumer electronics manufacturers to develop high-end, lightweight and cost-effective components for portable electronic devices leveraging Alcoa's proprietary alloy, process and finishing technologies, developed at the company's technical center in New Kensington, Pennsylvania.	Aluminum heavyweight Alcoa Inc. ( AA ) has achieved a key milestone as its aluminum die casting technology, dubbed ColorKast, has been used by Samsung in its new digital camera, marking the first major push of this innovative technology in the consumer electronics space. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report (SSNLF): ETF Research Reports To read this article on Zacks.com click here. Alcoa saw roughly 18% growth in the consumer electronics end market in the last reported quarter.
1593.0	2012-06-26 00:00:00 UTC	The One Number That Should Change Your Entire Investment Strategy	AA	https://www.nasdaq.com/articles/one-number-should-change-your-entire-investment-strategy-2012-06-26	nan	nan	One clear theme that has been in place throughout the second quarter: The broader market should make you cautious, while individual stock bargains abound. I've been hammering home these seemingly contradicting themes, highlighting the need to keep seeking out entry and exit points for the stocks you own and the stocks you are researching. Well, a just-released economic indicator brings even greater emphasis on the "exit" part of your trading activities. It paints a picture of a tough summer ahead, and as we head into earnings season , and you should be prepared to be taking profits whenever they emerge. (There is a silver lining of this coming period though, as I mention in a moment). The economic indicator I'm talking about: The Chicago Fed National Activity Index (CFNAI). Four months ago, I noted this was one of three economic indicators I closely track. The index is "a monthly snapshot of the economic growth rate. It gathers 85 inputs, covering virtually every aspect of the U.S. economy and translates it all into one handy number," I wrote then. In effect, this number portends what the widely-tracked quarterly gross domestic product ( GDP ) reading will look like. In recent months, this figure has steadily weakened, which is why a number of economists say GDP will likely grow less than 2% in the current quarter (a first read on second-quarter GDP will be released on July 27). Economists say GDP growth will remain muted -- but positive -- for the rest of 2012. If the just-released CFNAI reading for May is any indication, then I'm not so sure. The Chicago Fed notes that the three-month moving average for the index just slumped to -0.34, the worst reading since June 2011. Does this imply we're headed for recession ? Perhaps. Economic indicators weakened in the spring and summer of 2011, but eventually snapped back, enabling our economy to keep from moving into negative territory. This time around, however, it's unclear whether we can count on any rebound. That's because Washington's dithering about the coming fiscal cliff has already begun to sap business confidence, according to a few reports. At this point, you should be concerned that the coming earnings season will be dominated by more cautious outlooks. So even if second-quarter results are solid, then investors may focus on a dire outlook ahead. The playbook This is why it's crucial that you remain prepared to book profits on any holdings you have. The market has been gyrating during the past few weeks, posting large gains or losses on any given day. Whenever the market has spiked, you've had a chance to "sell into strength." Simply put, the S&P 500's move above 1,400 at the end of the first quarter now looks like the high watermark for the year, in my opinion. It would take a remarkable turnaround of current economic trends to justify a fresh rally later this year, which is hard to see right now. So the near-term outlook is challenging as the economy slows, while the mid-term outlook is also sobering due to the fiscal cliff and events in Europe. The silver lining Longer-term, there's ample reason for optimism, in large part because companies will likely continue to operate in a very lean fashion, generating solid margins and building cash levels ever higher. In my 20 years following the market, I don't think I've ever seen "corporate America" look quite so solid. U.S. companies are extremely well-positioned to play leading roles in the global economy -- when it gets healthier. So even as I think profit-taking is the prudent stance for this current market, I also think we are seeing stunning values emerge -- if you are a long-term investor. That's why I don't want to own any stocks that are richly-valued based on near-term operating strength. Instead, I want to own stocks that are deeply undervalued in the context of where the U.S. economy will be as we move into the middle of the decade. This means banks, industrials, commodities, housing and other beaten-down sectors (or at least any stocks that have been crushed within these sectors). It's no coincidence that my $100,000 Real-Money Portfolio owns stocks like Ford (NYSE: F ) , Citigroup (NYSE: C ) , Alcoa (NYSE: AA ) and Freeport McMoran (NYSE: FCX ) . These are well-run companies with bright long-term futures and discounted near-term valuations. Risks to Consider: Upside risks? They're hard tospot . A resolution to the crisis in Europe would help avoid further global economic downdrafts. And if Washington miraculously got its act together and enacted bipartisan solutions to our current fiscal mess, then global investors would pour into the U.S. market. Also, the Chinese government is now stimulating its economy, which could provide a sharp lift to commodity stocks in coming months. Action to Take --> You only score big multi-year gains when stocks are hated, as was the case in late 2008 and early 2009. We're not quite there yet, which is why I think this is a good time to raise cash. But if the CFNAI reading is indeed a harbinger of even lower GDP forecasts to come, then we will likely see the market fall to levels that we used tocall a once-in-a-generation buying opportunity (which sadly comes a lot more frequently these days). -- David Sterman David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC owns shares of F, C, AA, FCX in one or more if its "real money" portfolios. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	It's no coincidence that my $100,000 Real-Money Portfolio owns stocks like Ford (NYSE: F ) , Citigroup (NYSE: C ) , Alcoa (NYSE: AA ) and Freeport McMoran (NYSE: FCX ) . StreetAuthority LLC owns shares of F, C, AA, FCX in one or more if its "real money" portfolios. Economic indicators weakened in the spring and summer of 2011, but eventually snapped back, enabling our economy to keep from moving into negative territory.	It's no coincidence that my $100,000 Real-Money Portfolio owns stocks like Ford (NYSE: F ) , Citigroup (NYSE: C ) , Alcoa (NYSE: AA ) and Freeport McMoran (NYSE: FCX ) . StreetAuthority LLC owns shares of F, C, AA, FCX in one or more if its "real money" portfolios. The economic indicator I'm talking about: The Chicago Fed National Activity Index (CFNAI).	It's no coincidence that my $100,000 Real-Money Portfolio owns stocks like Ford (NYSE: F ) , Citigroup (NYSE: C ) , Alcoa (NYSE: AA ) and Freeport McMoran (NYSE: FCX ) . StreetAuthority LLC owns shares of F, C, AA, FCX in one or more if its "real money" portfolios. In recent months, this figure has steadily weakened, which is why a number of economists say GDP will likely grow less than 2% in the current quarter (a first read on second-quarter GDP will be released on July 27).	It's no coincidence that my $100,000 Real-Money Portfolio owns stocks like Ford (NYSE: F ) , Citigroup (NYSE: C ) , Alcoa (NYSE: AA ) and Freeport McMoran (NYSE: FCX ) . StreetAuthority LLC owns shares of F, C, AA, FCX in one or more if its "real money" portfolios. It paints a picture of a tough summer ahead, and as we head into earnings season , and you should be prepared to be taking profits whenever they emerge.
1594.0	2012-06-26 00:00:00 UTC	Stocks Reverse Early Weakness; Is the Housing Sector on the Mend?	AA	https://www.nasdaq.com/articles/stocks-reverse-early-weakness-housing-sector-mend-2012-06-26	nan	nan	"The market started relatively flat as investors digested a weaker-than-expected consumer confidence number," noted Senior Equities Analyst Joe Bell. "The market showed a lot of resilience, though, as most sectors rallied to finish in the green after yesterday's strong sell-off." Indeed, just before midday, the Dow Jones Industrial Average (DJI) shook off the lingering negativity and spent the afternoon reclaiming as much of Monday's loss as it could. Click through to see what else was on our radar today: How low will they go? Shares of JPMorgan may not have reached a bottom . Did the homebuilders leave out the welcome mat for the Case-Shiller housing index? When is a death cross not a death cross? And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 12,534.67) was up as much as 73 points today -- reaching a session peak of 12,576.41 in the last hour of trading -- but by the closing bell, the Dow turned in a gain of 32 points, or 0.3%. Sixteen of the 30 blue chips ended with wins, as Chevron Corporation ( CVX ) paced the outperformers with a 1.9% rise. Kraft Foods Inc's ( KFT ) 2.2% decline led the 12 laggards, while Alcoa Inc. ( AA ) and The Travelers Companies, Inc. ( TRV ) remained unchanged. The S&P 500 Index (SPX - 1,319.99) tacked on 6.3 points, or 0.5%, while the Nasdaq Composite (COMP - 2,854.06) moved 17.9 points, or 0.6%, higher. The CBOE Market Volatility Index (VIX - 19.72) pulled back 3.2% and gave up its hold on the 20 level today, landing just above its session low of 19.42. Today's highlight : "The Case-Shiller 20-city housing index was better-than-expected and homebuilding stocks reacted very positively," remarked Bell. "This was the second day in a row that we heard good housing data, and the strong bounce from this home construction sector was a bright spot for the market." Turning to today's major market stories... Deconstructing the bullish implications of death crosses for the SPX. Schaeffer's Senior Technical Strategist Ryan Detrick sees a deeper decline in store for JPMorgan Chase & Co. ( JPM ) . Option Trends : Molycorp, Inc. (MCP), Chesapeake Energy Corporation (CHK), and Skyworks Solutions, Inc. (SWKS). Banking giant Morgan Stanley (MS) and online auction site eBay Inc. (EBAY) were tapped with analyst adjustments today. Outperformers Family Dollar Stores, Inc. (FDO), Lumber Liquidators Holdings Inc. (LL), and Monster Beverage Corp. (MNST) have the legs to run higher . The Ryland Group, Inc. (RYL) and Arch Coal Inc (ACI) were among the securities making record-breaking moves today . Out-of-the-money put sellers could be looking to snatch up shares of Under Armour Inc (UA) , should the stock take a near-term dip. Put players are betting that Constellation Brands, Inc. (STZ) will experience some post-earnings blues later this week. Ahead of the U.S. Supreme Court's decision on Obamacare, call volume ramped up on Medtronic, Inc. (MDT) . For today's activity in commodities, options, and more, head to page 2. Oil futures staged a comeback in the last minutes of trading today, lifting their head above breakeven just before the close. Although a disappointing U.S. consumer confidence report weighed on the commodity for most of the session, crude for August delivery eked out a 15-cent, or 0.2%, win to settle at $79.36 a barrel. Gold futures reversed their previous two-session upswing today, following a new five-month low for consumer confidence and ongoing concerns about what could come of this week's European Union (EU) summit . August-dated gold melted $13.50, or 0.9%, to close at $1,574.90 an ounce. Levels to watch in trading... Dow Jones Industrial Average (DJI - 12,534.67) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,319.99) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,854.06) - support at 2,400; resistance at 3,400 For today's notable annual highs and lows, click here . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	Kraft Foods Inc's ( KFT ) 2.2% decline led the 12 laggards, while Alcoa Inc. ( AA ) and The Travelers Companies, Inc. ( TRV ) remained unchanged. "The market started relatively flat as investors digested a weaker-than-expected consumer confidence number," noted Senior Equities Analyst Joe Bell. Outperformers Family Dollar Stores, Inc. (FDO), Lumber Liquidators Holdings Inc. (LL), and Monster Beverage Corp. (MNST) have the legs to run higher .	Kraft Foods Inc's ( KFT ) 2.2% decline led the 12 laggards, while Alcoa Inc. ( AA ) and The Travelers Companies, Inc. ( TRV ) remained unchanged. Indeed, just before midday, the Dow Jones Industrial Average (DJI) shook off the lingering negativity and spent the afternoon reclaiming as much of Monday's loss as it could. The S&P 500 Index (SPX - 1,319.99) tacked on 6.3 points, or 0.5%, while the Nasdaq Composite (COMP - 2,854.06) moved 17.9 points, or 0.6%, higher.	Kraft Foods Inc's ( KFT ) 2.2% decline led the 12 laggards, while Alcoa Inc. ( AA ) and The Travelers Companies, Inc. ( TRV ) remained unchanged. The Dow Jones Industrial Average (DJI - 12,534.67) was up as much as 73 points today -- reaching a session peak of 12,576.41 in the last hour of trading -- but by the closing bell, the Dow turned in a gain of 32 points, or 0.3%. The CBOE Market Volatility Index (VIX - 19.72) pulled back 3.2% and gave up its hold on the 20 level today, landing just above its session low of 19.42.	Kraft Foods Inc's ( KFT ) 2.2% decline led the 12 laggards, while Alcoa Inc. ( AA ) and The Travelers Companies, Inc. ( TRV ) remained unchanged. Click through to see what else was on our radar today: How low will they go? The Dow Jones Industrial Average (DJI - 12,534.67) was up as much as 73 points today -- reaching a session peak of 12,576.41 in the last hour of trading -- but by the closing bell, the Dow turned in a gain of 32 points, or 0.3%.
1595.0	2012-06-25 00:00:00 UTC	Alcoa Appreciates Tesla for Model S - Analyst Blog	AA	https://www.nasdaq.com/articles/alcoa-appreciates-tesla-for-model-s-analyst-blog-2012-06-25	nan	nan	Alcoa Inc . ( AA ), one of the members of the Aluminum Transportation Group (ATG), applauded Tesla Motors ( TSLA ) on the launch of its Model S electric vehicle. The Model S is an electronic vehicle that intensively uses aluminum, which reduces weight and produces zero emissions while offering rapid acceleration and nimble performance. The ATG educates vehicle manufacturers about the benefits of aluminum in transportation applications and increase its usage in transportation through research and development activities. The ATG acts as a central resource for the automotive and commercial vehicle industries on aluminum issues. There are increasing concerns about automotive safety and fuel economy and it is where aluminum plays an important role in the design and engineering of cars and light trucks. As per Tesla Motors, aluminum will reduce the overall weight of Model S to help maximize efficiency and range. The structure of the model is designed in such a way that it not only provides protection to the passengers, but also enables smooth handling of the car. Aluminum forms an integral aspect of the car as almost every parts of the car that are visible are made up of aluminum. Tesla intends to increase the production of Model S throughout 2012 and plans to deliver 5,000 vehicles by the year-end. Reservations for the model currently exceed 10,000 units. Pennsylvania-based Alcoa Inc. is among the world's leading producers of primary and fabricated aluminum and alumina. The company is engaged in mining, refining, smelting, fabricating and recycling of aluminum. Few months back, Alcoa released its first-quarter 2012 results. The company reported earnings of 9 cents per share in the quarter, compared with earnings of 27 cents in the first quarter of 2011. Excluding restructuring charges and other items, Alcoa's profit came in at 10 cents per share, beating the Zacks Consensus Estimate of a loss of 4 cents but missing the year ago profit of 28 cents. The impressive results were attributable to higher production and volumes, and improved market conditions. Quarterly revenues inched up 0.3% sequentially to $6,006 million and edged up 0.8% over the prior-year quarter. It surpassed the Zacks Consensus Estimate of $5,735 million. The increase in revenues was driven by strong results in the company's Global Rolled Products and Engineered Products and Solutions businesses. Alcoa competes with Aluminum Corporation of China Limited ( ACH ) and RioTinto plc . ( RIO ). Currently, the stock maintains a Zacks #3 Rank, which translates into a short-term (1 to 3 months) Hold rating. We have a long-term Neutral recommendation on the shares of Alcoa. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	( AA ), one of the members of the Aluminum Transportation Group (ATG), applauded Tesla Motors ( TSLA ) on the launch of its Model S electric vehicle. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. The Model S is an electronic vehicle that intensively uses aluminum, which reduces weight and produces zero emissions while offering rapid acceleration and nimble performance.	( AA ), one of the members of the Aluminum Transportation Group (ATG), applauded Tesla Motors ( TSLA ) on the launch of its Model S electric vehicle. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	( AA ), one of the members of the Aluminum Transportation Group (ATG), applauded Tesla Motors ( TSLA ) on the launch of its Model S electric vehicle. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Excluding restructuring charges and other items, Alcoa's profit came in at 10 cents per share, beating the Zacks Consensus Estimate of a loss of 4 cents but missing the year ago profit of 28 cents.	( AA ), one of the members of the Aluminum Transportation Group (ATG), applauded Tesla Motors ( TSLA ) on the launch of its Model S electric vehicle. ALCOA INC (AA): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report RIO TINTO-ADR (RIO): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Alcoa Inc .
1596.0	2012-06-25 00:00:00 UTC	Alcoa draws huge call buyer at lows	AA	https://www.nasdaq.com/articles/alcoa-draws-huge-call-buyer-lows-2012-06-25	nan	nan	One investor is trying to bottom-fish Alcoa as the stock attempts to hold its lows from last year. optionMONSTER's tracking systems detected the purchase of more than 20,000 January 9 calls for $0.75 against open interest of 7,223 contracts. Almost all the volume occurred in a single large block. The investor now has the right to buy shares in the aluminum giant for $9 for the next six months--no matter how high the stock may go. As a result, he or she will enjoy significant leverage in the event of a rally. But the drawback of the strategy is that the trader will also lose the entire investment if the shares don't appreciate. (See our Education section) AA rose 0.82 percent to $8.62 on Friday and has been weak along with most other metals companies because of the European debt crisis and lackluster growth in China. Quarterly results will come out after the bell on July 9 in what is traditionally considered the beginning of corporate-earnings season. Overall option volume was almost triple the daily average on Friday. Volume was almost 6 times greater than average in the session. (A version of this post appeared on InsideOptions Pro on Friday.) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	(See our Education section) AA rose 0.82 percent to $8.62 on Friday and has been weak along with most other metals companies because of the European debt crisis and lackluster growth in China. optionMONSTER's tracking systems detected the purchase of more than 20,000 January 9 calls for $0.75 against open interest of 7,223 contracts. The investor now has the right to buy shares in the aluminum giant for $9 for the next six months--no matter how high the stock may go.	The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. (See our Education section) AA rose 0.82 percent to $8.62 on Friday and has been weak along with most other metals companies because of the European debt crisis and lackluster growth in China. Overall option volume was almost triple the daily average on Friday.	(See our Education section) AA rose 0.82 percent to $8.62 on Friday and has been weak along with most other metals companies because of the European debt crisis and lackluster growth in China. One investor is trying to bottom-fish Alcoa as the stock attempts to hold its lows from last year. Overall option volume was almost triple the daily average on Friday.	(See our Education section) AA rose 0.82 percent to $8.62 on Friday and has been weak along with most other metals companies because of the European debt crisis and lackluster growth in China. One investor is trying to bottom-fish Alcoa as the stock attempts to hold its lows from last year. optionMONSTER's tracking systems detected the purchase of more than 20,000 January 9 calls for $0.75 against open interest of 7,223 contracts.
1597.0	2012-06-22 00:00:00 UTC	Metals & Mining Stock Outlook - June 2012 - Industry Outlook	AA	https://www.nasdaq.com/articles/metals-mining-stock-outlook-june-2012-industry-outlook-2012-06-22-0	nan	nan	The Metals & Mining industry encompasses the extraction (mining) as well as primary and secondary processing of metals and minerals. These include aluminum and gold, other precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for a lion's share of the output. Iron and steel commands the largest segment of the global metals market. They comprise more than half the metals industry in terms of volume, followed by aluminum. The iron and steel industry includes metal ore exploration and mining services, as well as iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products. These include pipe and tube, wire and spring, rolls and bars. The precious metal and minerals industry consists of companies engaged in the extraction and primary processing of gold, silver, platinum, diamond, semi-precious stones, uranium and other rare minerals and ores, along with the cultivation of pearls. The global metal industry is highly cyclical and competitive. Historically it has suffered from overcapacity (excess of supply over demand). Metal producers are subject to cyclical fluctuations in prices, general economic conditions and end-user markets. The recent focus on the weakening outlook for global economic growth has emerged as a major headwind for the global metal industry. These near-term challenges aside, the group's long-term dynamics appear attractive. A Detailed Look into Metals: Performance and Outlook Steel As the major stakeholder (about 60%) of the metals market, the steel industry was severely bruised by the global economic downturn. Recovery, however, has been swift and forceful. According to the World Steel Association, world crude steel production reached a record level of 1,527 million tons (Mt) in 2011, outperforming the 2010 record of 1,414 Mt, a 6.8% jump. This trend has largely remained in place this year, though the emerging growth worries will likely force some producers to take production off-line. China remains the largest steel-producing country, accounting for roughly half of all global production at 46%, though its first quarter 2012 volumes were barely up from the year-earlier level. Japan, the second largest producer, posted a 4.1% decline. The U.S. is in the third position, though its first quarter production was 9.2% higher year over year. North American crude steel production was up 7.7% in the first quarter, Asia was flat, while Europe dipped 3.8%. In April 2012, world crude steel production was down 3% from March, but up 1% from the April 2011 levels. As we look into the first quarter results of the steel companies in our coverage -- ArcelorMittal ( MT ), United States Steel Corp. ( X ), Nucor Corporation ( NUE ) and AK Steel Holding Corporation ( AKS ) -- we find revenues benefitted from higher average steel prices. On the volume front, ArcelorMittal and U.S. Steel saw a rise, while Nucor and AK Steel suffered declines. Revenues increased at all the companies except AK Steel. However, we note margin compression across the board. The automotive and construction markets have historically been the largest consumers of steel. The automotive sector has shown significant promise. In February 2012, total motor vehicle sales reached their highest level since February 2008 at 15.1 million SAAR (Seasonally Adjusted Annual Rate). For the first five months of 2012, sales have averaged 14.4 million SAAR. Many auto manufacturers made their best Memorial Day sales in over five years. Motor vehicle sales were at 13.8 million in May, declining from 14.4 million in April. Even though sales slid to the lowest level so far in 2012, it is still better than consensus expectations from the beginning of the year. On a year-over-year basis, sales increased 26% in May. The construction sector has been a drag on steel companies' earnings. According to the American Institute of Architects, the architecture billings index, an economic indicator that provides an approximately nine- to twelve-month glimpse into the future of non-residential construction spending activity, was 48.4 in April 2012. This followed a 50.4 reading in March, and of significance since any score above 50 indicates an increase in billings. After remaining at a level over 50 for five consecutive months, the index has slipped into negative territory. Given the continued uncertainty in the market, we do not expect any immediate recovery in this sector. The residential construction market has improved in recent months, but the pace of improvement has been very slow and halting. This means that this end market is unlikely to emerge as a key growth driver for steel producers any time soon. The World Steel Association projects global steel usage to rise 3.6% in 2012, a sharp deceleration from 2011's 5.6% growth. This reflects continuing slowdown of Chinese steel demand and Eurozone debt crisis uncertainties. Questions about the U.S. growth outlook make another cloud on the horizon. China's steel use in 2012 is estimated to grow 4% to 648.8 million tons, following 6.2% growth in 2011. The slackening is due to the economy entering a less steel-intensive growth phase as a result of the government's efforts to rebalance the economy and restrain the real estate bubble. After a weak performance in 2011, India is expected to grow by 6.9% to reach 72.5 Mt. Apparent steel use in the U.S. is forecast to grow 5.7% in 2012. In Central and South America, apparent steel use will attain a historical high of 49.1 Mt, up 6.8% in 2012. Brazil is expected to return to positive growth. Japan's steel use is expected to drop 0.6% to 63.7 Mt in 2012 due to the impact of exchange rate appreciation, despite the reconstruction efforts following the March 2011 earthquake. Steel usage in the European Union is expected to decline by 1.2% to 150.9 Mt in 2012 as sovereign debt problems persist. Given the scenario in Europe, ArcelorMittal, the world's largest steelmaker by volume and Europe's largest steelmaker, had earlier decided to idle five of its 25 blast furnaces in Europe and announced the extended idling of a number of facilities. The company will continue to align its steel growth projects to match demand situations. Furthermore, the company's focus on its mining business given its more attractive returns has resulted in some planned steel investments being deferred. To reduce its exposure to Europe, the company recently sold its 24% share in European energy company Enovos International. To sum it up, despite relatively over-supplied conditions and softening prices, the outlook for the sector is not that bad. Prices could potentially stabilize, as visibility on the economic growth questions of countries like China, India and South Korea improves. The outlook for key end-markets in the automotive, transportation, energy, industrial and agricultural sectors remains favorable. However, the European debt crisis and its potential global impact remain an overhang on the industry. Gold As per the World Gold Council, last year was a milestone year for gold as global demand for the yellow metal grew 0.4% to 4,067.1 tons at an estimated value of $205.5 billion -- the highest tonnage level with a value exceeding $200 billion since 1997. The increase was mainly propelled by the investment sector, particularly in India, China and Europe. In the first quarter of fiscal 2012, gold demand was at 1097.6 tons, a 5% year over year decline. Increase in investment demand was offset by declines in demand for jewelry and in the technology sectors, due to higher prices. Central banks continued to be purchasers of gold, accounting for around 7% of total gold demand, at 80.8 tons. However, in absolute terms, gold demand in the quarter was valued at $59.7 billion, a 16% jump compared with the first quarter of fiscal 2011. Average gold price in the first quarter stood at $1,690.57. This was 22% above the prior fiscal's quarter. In value terms, all the sectors of gold demand posted growth, barring physical bars and the official sector. Investment demand posted robust growth in the quarter, particularly led by ETFs and similar products. Gold demand in the technology sector was at 107.7 tons, a 7% decline year-over-year due to higher gold prices, weak consumer demand, higher inventories and the uncertainty in Europe. Jewelry demand dipped 6% to 519.8 tons due to higher price levels. The 22% higher quarterly average price suggests that jewelry demand is not directly related to price. Value of jewelry demand grew 14% to a record $28.3 billion. China, Russia and Egypt recorded growth, while weakness was witnessed in India, a number of Middle Eastern markets and in Europe. Jewelry demand in India, otherwise a major consumer of gold, was down 19% and investment demand declined 46%. This was mainly due to a sharp decline in the rupee, which led to higher local prices, rise in import taxes on gold and imposition of excise duty on jewelry in that country. However the excise duty was later withdrawn by the government. Gold in India is currently at an all-time high in rupee terms. In China, demand for gold increased 10% to a record high of 255.5 tons. China remained the largest jewelry market for the third consecutive quarter. Boosted by the local New Year holiday earlier this year, jewelry demand was at 156.6 tons, up 8% year over year, and accounting for 30% of global jewelry demand. Even though the pace of growth is slowing, gold demand remains high due to rising income levels, urbanization, economic growth and inflation. Mine production increased to 673.8 tons, up 3% year over year. The additional supply came from new projects coming on stream and the continued ramping up of projects that entered into production two to three years ago across the globe. Recycling activity increased 11% to 391.5 tons, bringing the total supply to 1,070.3 tons, up 5% year over year. Gold prices in 2011 ranged from a low of $1,310 per ounce to a high of $1,895 per ounce, with an average gold price of $1,572 per ounce in 2011. The record gold price of $1,895 per ounce was attained in September, 33% higher than the 2010 peak of $1,421 per ounce recorded in November 2010. So far in 2012, gold has ranged from $1,540 per ounce to $1,781 per ounce, with an average of $1,657 per ounce. Continuing concerns about Europe's financial problems and China's reduced economic growth forecast led to the climb. Given the performance in 2011, and thus far in 2012, we expect this year to be stellar for gold. It also remains a coveted asset, given its long-term supply and demand dynamics and influenced by macro-economic factors. Concerns regarding economic growth in developed countries have made gold an attractive and safe investment option. The European sovereign debt crisis promoted gold as a currency hedge for European investors. Lingering economic concerns, higher inflation expectations in many countries, including India and China, the relentless Euro-zone debt crisis and a still-high American unemployment rate will continue to support gold prices this year, as well. The value and wealth preservation attributes of gold continue to attract investors and consumers, and is considered a safe-haven investment. Jewelry and investment demand in non-western markets continue to rebound, while industrial demand has started to recover in response to an improvement in economic conditions. India, which alone consumes nearly 45%−50% of the world's gold, should drive demand for gold along with China. China will likely emerge as the largestgold marketin the world in 2012 and Chinese gold demand is expected to double in 10 years. Analyzing the results of the gold companies in our coverage -- Barrick Gold Corporation ( ABX ), Kinross Gold Corporation ( KGC ), Goldcorp Inc. ( GG ) and Agnico-Eagle Mines Ltd. ( AEM ) -- we find that first-quarter profits were driven by higher average realized gold prices. As prices for gold rise further, gold giants such as these will benefit. On the other hand, gold producers like Newmont Mining Corp. ( NEM ) and Kinross are slated to suffer from lower ore grades that subdue production levels, increase mining costs and negate the benefits of rising gold prices. Ironically, rallying gold prices have not had the same effect on the share prices of the gold companies. This is reflected in our overall long-term Neutral view on the space. Investors prefer alternative financial products that allow them to invest in gold, rather than investment in gold companies per se. These companies may have labor issues, escalating cost and other risks. Aluminum The aluminum industry is highly cyclical, with prices subject to worldwide supply and demand. In the first quarter of fiscal 2012, Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, reported better-than-expected results on the back of growth in the aerospace and automobile sectors. The company anticipates that global aluminum demand will go up by 7% this year. It also expects that burgeoning demand for aluminum along with market-related production cutbacks will lead to a global aluminum industry deficit of 600,000 metric tons in 2012. Region-wise, in 2012, China and India are expected to lead with double-digit growth. Russia and Brazil are projected to have 4% to 5% increases in aluminum consumption rates. Overall, Alcoa believes that the long-term prospects for aluminum remain bright and envisions that global demand for aluminum will double by 2020. Alcoa's positive outlook notwithstanding, prices have been under pressure, prompting companies to cut back on production. Rio Tinto ( RIO ) plans to sell its aluminium assets and close its smelter in order to cut costs. Alcoa plans to close or curtail 390,000 metric tons, or approximately 12% of its global smelting capacity, in 2012. This will lower the company's cost position by 10 percentage points in smelting and 7 percentage points in refining, by 2015 and improve its competitiveness. This trend will continue until aluminum prices recover. Energy prices and other input costs are expected to pose challenges for the aluminum industry, though oil prices have been trending down lately. In addition to the curtailments, the company will step up action to reduce the escalating cost of raw materials. In the medium to long term, aluminum consumption is expected to improve globally. The revival is palpable in the automotive and packaging industries, one of the key consumer markets. The automobile market is also becoming increasingly aluminum-intensive, benefiting from the recyclability and its light-weight properties. The global push to improve fuel efficiency in vehicles is expected to more than double demand for aluminum in the auto industry by 2025. Further, the surge in copper prices this year is triggering a switch among manufacturers to aluminum. Automobiles, air conditioners and industrial components manufacturers are now shifting their focus on the more economical metal. In response to the spurt in automotive demand, Alcoa has invested $300 million in expansion projects at its Davenport, Iowa rolled products plant. We expect aluminum demand to increase over the next three years, outstripping supply growth. As a result, the aluminum market is likely to witness deficits for a prolonged period. This provides a backdrop supportive of high alumina and aluminum prices. China and India are undergoing rapid industrialization. Both these factors are positive for underlying aluminum demand. Leading aluminum producers such as Alcoa and Aluminum Corporation of China Limited , or Chalco ( ACH ) should benefit from the improving demand outlook. Copper Copper is a major industrial metal, with its price strongly correlated with the outlook for economic growth. The metal's strong cyclical leverage accounts for its nickname "Dr. Copper." The metal's popularity in industrial usage reflects its high ductility, malleability and thermal and electrical conductivity, and its resistance to corrosion. In terms of consumption, copper ranks third after iron and aluminum. Construction is the single largest market for copper, followed by electronics and electronic products, transportation, industrial machinery, and consumer and general products. Copper prices were at high levels from 2006 through most of 2008 as limited supplies, growing demand from China and other emerging economies resulted in high copper prices and low level of inventories. In December 2008 copper prices dipped to a low of $1.26 per pound, due to reduced consumption, turbulence in the U.S. financial markets and concerns about the global economy. However, copper prices have since improved, thanks to strong demand from emerging markets and limited supply. During 2011, London Metal Exchange (LME) spot-copper prices ranged from $3.08 per pound to a record high of $4.60 per pound, with an average of $4.00 per pound. In the first quarter of 2012, LME spot copper prices ranged from $3.39 per pound to $3.93 per pound, averaging $3.77. This rising trend has benefited copper producers like Freeport-McMoRan Copper & Gold Inc. ( FCX ) and Southern Copper Corp. ( SCCO ). Notwithstanding the volatility in prices, we have a long-term bullish stance on copper prices. Prices will be influenced by demand from China, economic activity in the U.S. and other industrialized countries, the timing of new supplies of copper and production levels of mines and copper smelters. Despite near-term challenges, the outlook for the copper remains positive, supported by widespread use of copper, limited supplies from existing mines and the absence of significant new development projects. Companies that have a high leverage to copper prices will benefit immensely from the potential demand for the metal in the developing markets. Overall Industry Outlook Growth in the emerging markets, particularly China and India, was a major driver of metals demand over the last few years. In the developed world, Europe's problems have likely pushed it into a recession already, which will have residual effects elsewhere in the world. The U.S. economy, which looked very promising earlier this year, no longer offers a robust picture. This synchronized global economic slowdown is the biggest headwind for the metals space overall at present. That said, the long-term picture remains a lot more promising as the emerging market economies are expected to get back in shape with the help of expected fiscal and monetary stimuli. The U.S. Federal Reserve also appears to be actively engaged in sustaining the economy's momentum. But the Fed's ability to make a meaningful change may be limited in the absence of fiscal measures that are unlikely to come through in this election year. ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	In the first quarter of fiscal 2012, Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, reported better-than-expected results on the back of growth in the aerospace and automobile sectors. In February 2012, total motor vehicle sales reached their highest level since February 2008 at 15.1 million SAAR (Seasonally Adjusted Annual Rate). For the first five months of 2012, sales have averaged 14.4 million SAAR.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. In February 2012, total motor vehicle sales reached their highest level since February 2008 at 15.1 million SAAR (Seasonally Adjusted Annual Rate). For the first five months of 2012, sales have averaged 14.4 million SAAR.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. In February 2012, total motor vehicle sales reached their highest level since February 2008 at 15.1 million SAAR (Seasonally Adjusted Annual Rate). For the first five months of 2012, sales have averaged 14.4 million SAAR.	In February 2012, total motor vehicle sales reached their highest level since February 2008 at 15.1 million SAAR (Seasonally Adjusted Annual Rate). For the first five months of 2012, sales have averaged 14.4 million SAAR. In the first quarter of fiscal 2012, Alcoa, Inc. ( AA ), the world leader in the production of primary aluminum, reported better-than-expected results on the back of growth in the aerospace and automobile sectors.
1598.0	2012-06-22 00:00:00 UTC	Metals & Mining Stock Outlook - June 2012 - Zacks Analyst Interviews	AA	https://www.nasdaq.com/articles/metals-mining-stock-outlook-june-2012-zacks-analyst-interviews-2012-06-22	nan	nan	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	ALCOA INC (AA): Free Stock Analysis Report BARRICK GOLD CP (ABX): Free Stock Analysis Report ALUMINUM CP-ADR (ACH): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report GOLDCORP INC (GG): Free Stock Analysis Report KINROSS GOLD (KGC): Free Stock Analysis Report ARCELOR MITTAL (MT): Free Stock Analysis Report NEWMONT MINING (NEM): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report SOUTHERN COPPER (SCCO): Free Stock Analysis Report UTD STATES STL (X): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
1599.0	2012-06-21 00:00:00 UTC	Dow Plunged 251 Points; Wall Street Overrun With Downbeat Data	AA	https://www.nasdaq.com/articles/dow-plunged-251-points-wall-street-overrun-downbeat-data-2012-06-21	nan	nan	It was another wild ride for the Dow Jones Industrial Average (DJI) today, as a slew of domestic data kept buyers sidelined. "The day started off with initial jobless claims that sent the four-week moving average of this figure to its highest level since December 2011," said Schaeffer's Senior Equity Analyst Joe Bell. "The Philadelphia Fed's manufacturing index also came in much worse than expected, and existing home sales once again declined. Rumors also surfaced that Moody's downgrade of global banks was imminent, which just added to the negative news on the day." Keep reading to see what else was on our radar today: See what major round-number area Bernie Schaeffer is tracking for European stocks . Time to buy? : Is the SPDR S&P 500 Trust ETF ( SPY ) showing something bullish? Plus, did Moody's expected downgrade trigger a massive volatility play in the financial sector? And now, a look at the numbers... The Dow Jones Industrial Average (DJI - 12,573.57) was only able to keep its head above breakeven for a few moments this morning, before tumbling 250.8 points, or nearly 2%, in one of its worst daily performances in 2012. All but two of the Dow's 30 components notched losses, as Alcoa ( AA ) and Hewlett-Packard ( HPQ ) paced the long line of laggards with deficits of 4.2% and 4.1%, respectively. Meanwhile, Merck ( MRK ) closed with a 0.6% rise and Verizon ( VZ ) inched fractionally higher. The S&P 500 Index (SPX - 1,325.51) stayed south for a second straight session, lopping off 30.2 points, or 2.2%. Turning in the worst performance of its peers, the Nasdaq Composite (COMP - 2,859.09) ended its five-day winning streak with a 71.4-point, or 2.4%, dive. The CBOE Market Volatility Index (VIX - 20.08) inched above the 20 level just before the closing bell today, jumping 16.5%. The VIX ended below its session peak of 20.48, and marked its first settlement atop 20 since last week. Today's highlight : "There just wasn't much for investors to cheer about today," stated Bell. "After a decent rally earlier this week, the bulls were nowhere to be found, and massive selling quickly became the theme for today." Turning to today's major market stories... Bernie Schaeffer On Charts : Why 2,200 Matters for the EURO STOXX 50. Option Trends : Arena Pharmaceuticals (ARNA), Marvell Technology Group (MRVL), and Citrix Systems (CTXS). The SPDR S&P 500 Trust ETF ( SPY ) broke through the bullish inverted head-and-shoulders pattern . An options trader employed a long strangle to bet on some big-time action for Target (TGT). Deckers Outdoor (DECK) and U.S. Airways Group (LCC) were among the record-breaking standouts today. November-dated options have been exceedingly popular on Acme Packet (APKT). At-the-money call buyers are hoping that OpenTable (OPEN) will topple familiar technical resistance . Put players expect shares of Coach (COH) to extend their recent foray below trendline support . J.P. Morgan adjusted its stance on Finnish telecom company Nokia (NOK) and biotech firm Onyx Pharmaceuticals (ONXX) . Eagle Bulk Shipping (EGLE) saw options bulls return with gusto . Schaeffer's contributor Frederic Ruffy spotted a shrewdly timed strangle on the Financial Select Sector SPDR (XLF). For today's activity in commodities, options, and more, head to page 2. Oil futures prolonged their recent dive today, plummeting to their lowest price since October, and marking their worst percentage drop since December. Oversupply concerns, coupled with a batch of lackluster data -- including weekly jobless claims, existing home sales, and a disappointing Philly Fed manufacturing report -- weighed heavily on black gold. And as the greenback grew stronger, crude for August delivery sank $3.25, or 4%, to end at $78.20 a barrel. Suffering a similar fate, gold futures slipped to their lowest price since late May at the hands of a buoyed dollar, weak domestic data, and ongoing concerns of a global economic slowdown . By the close, August-dated gold hacked off $50.30, or 3.1%, to close at $1,565.50 an ounce. This marked the malleable metal's biggest percentage loss since early April. Levels to Watch in Trading : Dow Jones Industrial Average (DJI - 12,573.57) - support at 11,500; resistance at 14,000 S&P 500 Index (SPX - 1,325.51) - support at 1,100; resistance at 1,500 Nasdaq Composite (COMP - 2,859.09) - support at 2,400; resistance at 3,400 For today's notable annual highs and lows, click here . At the end of every market day, the staff at Schaeffer's Investment Research reviews the trading day in detail, covering major events and key market developments. Don't miss this critical, timely and insightful report. If you enjoyed today's edition of Market Recap, sign up here for free daily delivery straight to your inbox. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.	All but two of the Dow's 30 components notched losses, as Alcoa ( AA ) and Hewlett-Packard ( HPQ ) paced the long line of laggards with deficits of 4.2% and 4.1%, respectively. "The day started off with initial jobless claims that sent the four-week moving average of this figure to its highest level since December 2011," said Schaeffer's Senior Equity Analyst Joe Bell. Oversupply concerns, coupled with a batch of lackluster data -- including weekly jobless claims, existing home sales, and a disappointing Philly Fed manufacturing report -- weighed heavily on black gold.	All but two of the Dow's 30 components notched losses, as Alcoa ( AA ) and Hewlett-Packard ( HPQ ) paced the long line of laggards with deficits of 4.2% and 4.1%, respectively. It was another wild ride for the Dow Jones Industrial Average (DJI) today, as a slew of domestic data kept buyers sidelined. Oversupply concerns, coupled with a batch of lackluster data -- including weekly jobless claims, existing home sales, and a disappointing Philly Fed manufacturing report -- weighed heavily on black gold.	All but two of the Dow's 30 components notched losses, as Alcoa ( AA ) and Hewlett-Packard ( HPQ ) paced the long line of laggards with deficits of 4.2% and 4.1%, respectively. It was another wild ride for the Dow Jones Industrial Average (DJI) today, as a slew of domestic data kept buyers sidelined. The CBOE Market Volatility Index (VIX - 20.08) inched above the 20 level just before the closing bell today, jumping 16.5%.	All but two of the Dow's 30 components notched losses, as Alcoa ( AA ) and Hewlett-Packard ( HPQ ) paced the long line of laggards with deficits of 4.2% and 4.1%, respectively. The Dow Jones Industrial Average (DJI - 12,573.57) was only able to keep its head above breakeven for a few moments this morning, before tumbling 250.8 points, or nearly 2%, in one of its worst daily performances in 2012. The CBOE Market Volatility Index (VIX - 20.08) inched above the 20 level just before the closing bell today, jumping 16.5%.

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