Alcoa Profit Up Sharply Even as Price Of Metal Falls.

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    • Subject Terms:
      UNITED States
    • Subject Terms:
      ALCOA Inc. 001339472 AA
    • Abstract:
      The aluminum producer Alcoa posted a stronger-than-expected second-quarter profit Monday and raised its estimate for global aluminum consumption, sending its shares up 3 percent in after-hours trading. The company, whose results are often viewed as a bellwether of the United States economy, cited strength in several industrial sectors and raised its estimate for aluminum consumption this year, even as metal prices have been falling recently. [ABSTRACT FROM PUBLISHER]
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