Alcoa Sees Weak Prices, Restructuring Charges Offset Operational Improvement in First-Quarter 2014
Alcoa Sees Weak Prices, Restructuring Charges Offset Operational Improvement in First-Quarter 2014
SUGAR LAND--April 11, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Aluminum producer Alcoa Incorporated (NYSE:AA) (Pittsburgh, Pennsylvania) reported mixed overall results in the first quarter of 2014, as record downstream profits and solid improvement in the midstream businesses were offset by a drop in shipments in the Primary Metals segment and exceptional expenses tied to companywide restructuring. Industrial Info is tracking more than $5.6 billion in active projects involving Alcoa.
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