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Alcoa profit dips 24%, shares rise late

marketwatch.com » 2008 » July » 8th » Alcoa profit dips 24%, shares rise late

SAN FRANCISCO (MarketWatch) -- Alcoa Inc. on Tuesday reported a second-quarter profit of $546 million, or 66 cents a share, down from $715 million, or 81 cents a share, a year earlier. The quarter's results include a charge of $39 million, or 5 cents a share, relating to a gas pipeline explosion in Western Australia and power disruptions in Texas. Sales came in at $7.6 billion, compared with … Continue Reading »

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