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Market Update : 
Alcoa Reports Lower Net
Author: 123jump.com Staff
123jump.com
Last Update: 4:56 PM EDT October 10 2006


Popular averages traded in a tight range as investos awaited earnings season to start. Alcoa reported third quarter operating earnings of 66 cents a share on revenue of $7.63 billion. Analysts had expected earnings of 77 cents and revenue of $7.75 billion. Stock fell 8% in the after hours trading. European markets closed higherled by mining, technology and banking stocks.

 

 

 

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