Wall Street set to open slightly lower [Reuters]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: Reuters
Wall Street set to open slightly lower | Reuters 3 Min Read (Reuters) - Wall Street was set to open slightly lower on Thursday, a day after the Dow extended a new year rally to close above 26,000 for the first time. Alcoa ( AA.N ) fell about 7.8 percent in premarket trading after the aluminum producer’s quarterly earnings missed analysts’ estimates. Technology majors Facebook ( FB.O ), Apple ( AAPL.O ) and Intel ( INTC.O ) were slightly lower. Morgan Stanley ( MS.N ) wrapped up earnings season for the big U.S. banks with a better-than-expected adjusted profit, sending its shares up 0.85 percent. “Fourth quarter in terms of net interest margins for money center banks were better than expected, so that’s good news. And with interest rates rising, the outlook for financials are pretty good,” said Art Hogan, chief market strategist at B. Riley FBR in Boston. At 8:58 a.m. ET, Dow e-minis 1YMc1 were up 8 points, or 0.03 percent, with 42,809 contracts changing hands. S&P 500 e-minis
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News
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- Alcoa Co. (NYSE: AA) had its price target raised by analysts at UBS Group AG from $27.00 to $32.00. They now have a "sell" rating on the stock.MarketBeat
- Alcoa First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website