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Details for AAI

Code: AAI Name: ALCOA INC. CDI Issued Share: 866,018,842 Dividend per Share: 11.61
Price Close: 1175.00 Date: 2010-09-08 Market Cap: 10,175,721,394 Earnings Yield: 0.00
Year High: 4703.00 Year Low: 1450.00 Sector: MATERIALS Divident Yield: 0.99
EPS: -137.14 PE: 0.00 Beta: 0.3115 NTA: 0
Debt/Equity: 63.1 Other Details on Yahoo

Resource Updates / Drilling Reports

2009-01-13: Alcoa Inc provided its fourth quarter 2008 results, reporting a loss of $929m, or $1.16 per share, including restructuring, impairment, and other special charges of $708m or $0.88 per share. Results were driven by a 35% decline in aluminum prices in the quarter, (a 56% decline from July) and a sharp drop in demand, particularly from the automotive, commercial transportation and building and construction sectors. Net income for the fourth quarter 2008 was a loss of $1.19bn or $1.49 per share, which includes restructuring, impairment and other special charges of $920m ($212m is included in discontinued operations) or $1.15 per share, 80% of which is non-cash. Revenues for the fourth quarter 2008 were $5.7bn, down from $7bn in the third quarter 2008 and $6.1bn in the fourth quarter 2007 after excluding divested businesses. Cash from operations in the fourth quarter 2008 was $608m.

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