Alcoa expects mostly ‘flat’ third quarter: exec
Jul 10, 2013 | 09:53 AM
| Michael Cowden
CHICAGO Alcoa Inc. expects financial results across its business units to be flat to slightly improved on a sequential basis in the third quarter, assuming no changes in metal prices or foreign exchange rates, executive vice president and chief financial officer William F. Oplinger said.
The Pittsburgh-based aluminum producers engineered products and solutions business should benefit from a "gradual recovery" in the North American nonresidential construction market and continued strength in the aerospace market, he said during a conference call with analysts July 8.....
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