🚗 🚙 Turn your trusty old car into trustworthy journalism Learn more

Buzzword: Alcoa

Marketplace Staff Jul 14, 2006

A market barometer brings us this week’s Marketplace Money buzzword: Alcoa

Alcoa is the world’s top producer of aluminum products. It’s also the first blue-chip company to announce its earnings every quarter, so many analysts use it to predict whether earnings season will be bleak and arctic or sunshine and rainbows.

Alcoa’s earnings report came out this week, and though profits were up more than 60 percent, sales didn’t meet Wall Street expectations.

Along with similarly cloudy reports from companies like Lucent, it was enough to make some analysts break out the umbrellas and prepare for a downpour.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.