Weaker Payrolls Dampen Rate Outlook, Support Gold Demand – Yahoo Finance

Please enter your Phone Number. Send Thanks! A link has been sent. Done Weaker Payrolls Dampen Rate Outlook, Support Gold Demand By Richard Cox 1 hour ago View gallery .
Source: http://finance.yahoo.com/news/weaker-payrolls-dampen-rate-outlook-123924910.html

Tuesday Sector Laggards: Energy, Utilities – Forbes

Launched last year, XSLV provides exposure to a basket of 120 small cap stocks having the lowest realized volatility over the past 12 months. The fund manages an AUM of $57.5 million and charges 34 basis points as fees. State Streets SMLV was also launched last year and has managed to gather $14.3 million since inception. The fund charges 25 basis points as expenses. Bottom Line The newly launched fund might be able to garner decent assets given the fact that the fund not only focuses on small cap stocks with minimum volatility, but also places emphasis on choosing quality stocks.
Source: http://finance.yahoo.com/news/compass-launches-small-cap-low-145342142.html

Compass Launches Small Cap Low Volatility ETF – Yahoo Finance

The next worst performing sector is the Utilities sector, showing a 1.1% loss. Among large Utilities stocks, Ameren Ameren ( NYSE: AEE ) and AES ( NYSE: AES ) are the most notable, showing a loss of 2.8% and 2.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 1.2% in midday trading, and up 9.06% on a year-to-date basis. Ameren, meanwhile, is up 5.34% year-to-date, and AES is up 0.83% year-to-date. Combined, AEE and AES make up approximately 3.7% of the underlying holdings of XLU. Click here to find out 10 ETFs With Stocks That Insiders Are Buying Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Heres a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Tuesday.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/05/tuesday-sector-laggards-energy-utilities-2/

China To ‘punish’ Chrysler, Audi For Monopoly | Fox Business

Holdings : Top holdings include Gazprom 4.2%, Petroleo Brasileiro 3.3%, China Construction Bank Corp 2.7%, Petroleo Brasileiro 2.7% and Industrial & Commercial Bank of China 2.4%. PXH has a 0.49% expense ratio. The ETF has 338 holdings and the top ten components make up 25.9% of the overall portfolio. Sector allocations include financials 30.2%, energy 23.7%, information tech 10.4%, materials 10.3%, telecom services 9.8%, consumer staples 4.4%, utilities 3.7%, consumer discretionary 3.7%, industrials 3.6% and health care 0.3% Country allocations include China 22.5%, Brazil 22.0%, Taiwan 13.3%, Russia 10.5%, South Africa 8.2%, India 6.7%, Mexico 4.3%, Turkey 2.9%, Malaysia 2.5% and Thailand 2.2%. Fundamental indexes attempt to address a problem with cap-weighted indexesthat the latter overweights expensive stocks, according to Morningstar analyst Patricia Oey.
Source: http://finance.yahoo.com/news/etf-spotlight-fundamentally-weighted-emerging-120018488.html

Almost All Chinese Cities Fail On Air Quality | Fox Business

The Xinhua News Agency report said separate investigations into Chrysler and Audi by government bodies in Shanghai and Hubei provice, respectively, were “drawing to an end,” though the spokesman didn’t specify what the punishments would be. The same report said both Shanghai and neighboring Jiangsu province had also launched an antitrust probe into Daimler AG’s Mercedes-Benz. Reports earlier this week said Chinese authorities had raided a Mercedes office in Shanghai. Copyright 2014 MarketWatch, Inc. While car auctions promise to fetch millions of dollars for sought-after autos, a growing market of affordable rides are ready to hit the road.
Source: http://www.foxbusiness.com/industries/2014/08/06/china-to-punish-chrysler-audi-for-monopoly/

ETF Spotlight: Fundamentally Weighted Emerging Markets – Yahoo Finance

The air-quality standards, released in 2012, sets pollution SP500 buy etf limits for the first time on ozone, carbon monoxide, and PM 2.5 — fine particles which penetrate deep into the lungs. Among the 161 urban centers monitored, the average concentration level of PM 2.5 in the air was 69 microgram per cubic meter, exceeding the standard level of 35 microgram per cubic meter which Chinese authorities see as “healthy,” the 21st Century Business Herald quoted a report from the MEP as saying. Meanwhile, the metropolitan areas of Beijing and Tianjin, along with the surrounding Hebei province, recoded the worst air quality, with 20% of days in the area “heavily polluted,” the report said. Copyright 2014 MarketWatch, Inc. While car auctions promise to fetch millions of dollars for sought-after autos, a growing market of affordable rides are ready to hit the road.
Source: http://www.foxbusiness.com/markets/2014/08/06/almost-all-chinese-cities-fail-on-air-quality/

Advertisements

Obama, African Leaders To Talk Security, Economics – Yahoo News

Obama, Bush 1st ladies press for girls’ education – Yahoo News

View photo President Barack Obama offers a toast at a dinner for the U.S. Africa Leaders Summit, on the South Lawn of the White House,Tuesday, Aug. 5, 2014. African heads of state are gathering in Washington for an unprecedented summit to promote business development. (AP Photo/Charles Dharapak) WASHINGTON (AP) — President Barack Obama says even as African nations face challenges, a stronger continent is emerging.
Source: http://news.yahoo.com/obama-african-leaders-talk-security-070321748.html

Send Thanks! A link has been sent. Done Obama, Bush 1st ladies press for girls’ education By DARLENE SUPERVILLE 11 hours ago 0 shares President Obama said he lacks information to green-light a promising drug to treat the deadly Ebola virus and that initial response should focus on containment. Rough Cut (no reporter narration). Load More WASHINGTON (AP) Michelle Obama and Laura Bush, first ladies from different generations and opposing political parties, spoke with one voice Wednesday on the importance of educating women and girls worldwide, saying countries will be more prosperous as a result. “You have to change attitudes before you can change behaviors,” Mrs.
Source: http://news.yahoo.com/obama-bush-1st-ladies-press-girls-education-155738931–politics.html

Obama, African leaders confront continent’s crises – Yahoo News

During the ceasefire, leaders from Hamas and Israel have agreed to work toward a long-term end to the fighting, in negotiations aided by the Egyptian government. Obama said on Wednesday that his administration intends to support the process that is taking place in Egypt. The Presidents statements on Gaza were the highlight of an otherwise run-of-the-mill Q&A session with reporters, during which topics from Russian sanctions to the threat of Ebola were touched on, with little new ground broken. When asked about sanctions, Obama said they are working as intended in putting enormous pressure and strain on the Russian economy. The first question on Wednesday addressed an issue hanging heavily over many of the legislators in attendance at the summit: the spread of the deadly Ebola virus in West Africa in an outbreak which the CDC says has killed at least 932 people so far. Two American patients who were confirmed to be infected with Ebola are currently at Emory University Hospital in Atlanta. The two patients are being treated with an experimental drug , and have shown signs of progress though the drug has not yet been approved for use on humans. When asked if he would consider distributing the drug at high rates, if necessary, Obama said the all the necessary information isnt yet available.
Source: http://time.com/3087868/obama-no-sympathy-for-hamas/

President Obama Speaks, Answers Questions their website at End of Africa Summit – TIME

Calling Africa “an underappreciated continent,” Mrs. Obama said it was incumbent upon the world to develop a better understanding of what it has to offer. “This is the beginning of a lot of work that needs to be done,” she said. Mrs. Obama and Mrs.
Source: http://news.yahoo.com/obama-african-leaders-confront-continents-crises-205328111–politics.html

Canada Stocks Fall From Record As Oil, Gold Drop On Global Rout – Bloomberg

Stocks end mixed after Fed delivers no surprises – Business – NorthJersey.com

(VRX) sank 6.5 percent after cutting its year-end earnings forecast amid its hostile pursuit of Botox-maker Allergan Inc. Shaw Communications Inc. retreated 2.4 percent after agreeing to buy cloud services provider ViaWest Inc. for $830 million.
Source: http://www.bloomberg.com/news/2014-07-31/canada-stocks-fall-from-record-as-oil-gold-drop-on-global-rout.html

Several companies fell after reporting results that disappointed investors. Genworth Financial sank 14 percent and Goodyear fell 8 percent. The Standard & Poor’s 500 index closed little changed at 1,970. The Dow Jones industrial average lost 31 points, or 0.2 percent, to 16,880. The Nasdaq composite rose 20 points, or 0.5 percent, to 4,462.
Source: http://www.startribune.com/business/269270341.html

Stocks drift to a mixed close after the Fed delivers no surprises with its latest stimulus cut | Star Tribune

Stocks edged to record highs last week but haven’t made a decisive move higher this month. U.S. stocks ended mixed Wednesday. The Dow Jones industrial average ended the day hottest stock today down about 32 points and the S&P 500 was flat. The Nasdaq bucked the trend, gaining 0.4%.
Source: http://money.cnn.com/2014/07/31/investing/premarkets/index.html?section=money_topstories

Premarkets: 4 things to know before the open – Jul. 31, 2014

S&P futures 2014 07 31

Several companies fell after reporting results that disappointed investors. Genworth Financial sank 14 percent and Goodyear fell 8 percent. The Standard & Poor’s 500 index closed little changed at 1,970. The Dow Jones industrial average lost 31 points, or 0.2 percent, to 16,880.
Source: http://www.northjersey.com/news/business/stocks-end-mixed-after-fed-delivers-no-surprises-1.1059268

Monday Sector Leaders: Materials, Utilities – Forbes

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. This marks the 4th year that FTSL the same dividend. At the current stock price of $49.34, the dividend yield is %. The previous trading day’s last sale of FTSL was $49.34, representing a -1.32% decrease from the 52 week high of $50 and a 0.39% increase over the 52 week low of $49.15.
Source: http://www.nasdaq.com/article/first-trust-senior-loan-fund-etf-ftsl-ex-dividend-date-scheduled-for-september-23-2014-cm393217

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. This represents an -100% decrease from the prior quarter. At the current stock price of $19.22, the dividend yield is %. The previous trading day’s last sale of AIRR was $19.22, representing a -4.8% decrease from the 52 week high of $20.19 and a 9.7% increase over the 52 week low of $17.52. For more information on the declaration, record and payment dates, visit the AIRR Dividend History page.
Source: http://www.nasdaq.com/article/first-trust-rba-american-industrial-renaissance-etf-airr-ex-dividend-date-scheduled-for-september-23-2014-cm393234

First Trust RBA American Industrial Renaissance ETF (AIRR) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

(Symbol: X) is down about 2%, AK Steel Holding Corp. (Symbol: AKS) is off about 2.9%, and Steel Dynamics Inc. (Symbol: STLD) is lower by about 1.1%. The chart below shows the one year price performance of XME, versus its 200 day moving average: Looking at the chart above, XME’s low point in its 52 week range is $36.20 per share, with $44.20 as the 52 week high point – that compares with a last trade of $39.18. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”.
Source: http://www.nasdaq.com/article/xme-x-aks-stld-etf-outflow-alert-cm393362

First Trust RBA Quality Income ETF (QINC) Ex-Dividend Date Scheduled for September 23, 2014 – NASDAQ.com

A cash dividend payment of $1E-06 per share is scheduled to be paid on September 30, 2014. This represents an -100% decrease from the prior quarter. At the current stock price of $20.57, the dividend yield is %. The previous trading day’s last sale of QINC was $20.57, representing a -2.83% decrease from the 52 week high of $21.17 and a 3.44% increase over the 52 week low of $19.89. For more information on the declaration, record and payment dates, visit the QINC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Source: http://www.nasdaq.com/article/first-trust-rba-quality-income-etf-qinc-ex-dividend-date-scheduled-for-september-23-2014-cm393227

XME, X, AKS, STLD: ETF Outflow Alert – NASDAQ.com

One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.5% in midday trading, and up 14.35% on a year-to-date basis. Entergy, meanwhile, is up 25.98% year-to-date, and FirstEnergy is up 8.52% year-to-date. Combined, ETR and FE make up approximately 5.4% of the underlying holdings of XLU. Click here to find out 10 ETFs With Stocks That Insiders Are Buying Comparing these stocks and ETFs on a trailing twelve month basis, more? info… below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Heres a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday.
Source: http://www.forbes.com/sites/joelkornblau/2014/09/22/monday-sector-leaders-materials-utilities/

Obama Says He Will Announce Immigration Reform Steps Soon – Yahoo News

Obama Takes Aim at ISIL, Russia in Fiery NATO Farewell – Yahoo News

EDT (1915 GMT). Lawmakers return to Washington on Monday from their five-week August recess. The meeting will include Harry Reid, the Democratic leader of the U.S. Senate, and Mitch McConnell, the chamber’s top Republican, as well as John Boehner, the speaker of the House of Representatives and Nancy Pelosi, the House’s top Democrat. The topic of the meeting was not disclosed, but it is expected to focus on the threat posed by the Sunni militants.
Source: http://news.yahoo.com/obama-sets-meeting-u-congress-leaders-amid-concern-031902743.html

Obama backs new sanctions to pressure Russia on truce – Yahoo News

He also said he wanted to give undocumented immigrants who have been living in America for years “some path so they can start paying taxes, pay a fine and learn English, and be able to not look over their shoulder but be legal since they’ve been living here for quite some time.” The prospect of delays has upset the Hispanic community, which wants to see measures that remove the fear of deportation for many of the nation’s 11 million undocumented immigrants. “No more word games,” Cesar Vargas of the DREAM Action Coalition, a group representing Latino youth, said in a statement. But Bruce Morrison, a former Democratic congressman who was an author of the 1990 Immigration Act, said it was more important that Obama get the policy right rather than rush ahead with changes that could be quickly overturned by Congress. “Political judgments here are more than just electoral judgments. They’re judgments about getting something done that will actually stay done,” he said in an interview. Morrison, now an immigration lobbyist, said Obama’s package should include measures to clear out backlogs in the legal immigration system, and an enforcement plan for illegal migrants.
Source: http://news.yahoo.com/obama-says-hopes-action-fairly-soon-immigration-recommendations-163253993.html

<h3 http://www.obamastudentloanforgiveness.net style=”clear:both”>Obama, Hill leaders to meet on Iraq | TheHill

The White House has maintained they did not need congressional approval to do so because the strikes were at the invitation of the Iraqi government and in part intended to protect U.S. personnel. But President Obama is now contemplating expanding that mission to a broader offensive campaign against ISIS, and also weighing whether to launch strikes in Syria. During a press conference last week, the president said Congress has to have some buy-in as representatives of the American people as those efforts progressed, but stopped short of saying he would seek a vote authorizing further military action. Throughout this process, weve consulted closely with Congress, and the feedback Ive gotten from Congress is, is that were doing the right thing, Obama said. Now, as we go forward and look at a broader regional strategy with an international coalition and partners to systematically degrade ISILs capacity to engage in the terrible violence and disruptions that theyve been engaging in not just in Syria, not just in Iraq, but potentially elsewhere if we dont nip this at the bud, then those consultations with Congress for something that is longer term I think become more relevant. Sen. Bill Nelson (D-Fla.) said he planned to file legislation authorizing strikes against ISIS when Congress returned next week.
Source: http://thehill.com/homenews/administration/216850-obama-to-meet-with-top-congressional-leaders

Obama sets meeting with U.S. Congress leaders amid concern over Iraq crisis – Yahoo News

The sanctions, due to be announced on Friday, would target the defence, energy and financial sectors. These measures should be applied in a way that pressures Russia to ensure “follow-through” on the ceasefire, Obama said. “The only reason that we’re seeing this ceasefire at this moment is because of both the sanctions that have already been applied and the threat of further sanctions,” he said. Obama said that “Europeans are discussing at this point the final shape of their sanctions’ measures”. The Czech Republic and Slovakia joined forces this week to lobby the European Union to soften new sanctions against Russia over the Ukraine conflict.
Source: http://news.yahoo.com/obama-backs-sanctions-pressure-russia-truce-172046813.html

Russia’s aggression against Ukraine threatens our vision of a Europe that is free and at peace.” In hisremarks, which came justan hour after a cease-fire went into effect in Ukraine , Obama discussed thecreation of a NATO”rapid response force” to monitor the situation and intervene shouldpro-Russian separatists break the cease fire. The Presidentalso announced increased sanctions against the Russian economy. Today the United States and Europe are strengthening our sanctions against Russia’s financial, energy, and defense sectors.” The two-day meetings in Wales havebeen described by expertsas one of the most important NATO summits since the end of the Cold War over two decades ago, and the President strongly stressed article 5 of the NATO charter, which he described as”an armed attack against one should be considered an attack against them all.” Obama also commented on bothNATO and the United State’scommitment to addressing the threat posed by ISIL. Echoing previous language, the President said that the U.S. plans to”degradeand ultimatelydestroy ISIL.” He continuedto stress a systematic approach to dealing with the terrorist organization, which he said wouldinvolvedegrading ISIL’scapabilities and taking out their top leadership. Obama pointed to using asimilar strategy against the Islamic State that the U.S. has usedagainst al-Qaeda, which, he confirmed, recentlyresulted in the death ofAhmed Godane,the leaderof the al-Qaeda affiliate in Somalia, al-Shabaab. RELATED: Pentagon Confirms Somali Terrorist Group Leader Was Killed By U.S.
Source: http://news.yahoo.com/obama-takes-aim-isil-russia-fiery-nato-farewell-173020004.html

Stocks Around The World Rally On China Growth Data – Yahoo News

US stocks stock to buy today close higher; Time Warner soars – The Denver Post

The euro was down 0.3 percent at $1.3536 while the dollar was flat against the Japanese yen at 101.65 yen. One of the biggest movers in currencies was the New Zealand dollar, which dropped 0.6 percent to a low of $0.8718 after benign inflation data that could reduce pressure on the central bank to tighten policy. In commodity news, U.S. crude futures rose 1.3 percent to $101.21 after the China data, while Brent crude climbed above $106 a barrel.
Source: http://news.yahoo.com/asia-stocks-brace-china-test-oil-slide-003521082–business.html

Stocks end higher; the Dow sets another record close | Hot Stock Minute – Yahoo Finance

Manufacturing, consumer spending and tourism were the strongest sectors, while New York, Chicago, Minneapolis, Dallas and San Francisco regions were the strongest regions. Meanwhile, Federal Reserve Chair Janet Yellen was back on Capitol Hill today for her second day of testimony to Congress. Yellen didnt rock the boat when it came to equity valuations, like she did on Tuesday. However, she defended the central bank’s independence when grilled by Republican lawmakers about legislation to make the Fed more transparent. Time Warner ( TWX) shares gained 17%, or $12.12, $83.13 after the media conglomerate said it rejected an $80 billion takeover offer from Rupert Murdochs 21stCentury Fox ( FOXA ). IBM ( IBM ) shares rose $3.87 to $192.36 while Apple ( AAPL ) shares fell 54 cents to $94.78 after the former rivals announced they would join forces to develop apps for iPhones and iPads to sell to business customers.The news of the partnership drove down shares of Blackberry ( BBRY ) down by $1.33, or 11.8%, to $9.97.
Source: http://finance.yahoo.com/blogs/hot-stock-minute/stocks-end——-173754299.html

(INTC), up $2.94 to $34.65 The world’s largest maker of microprocessors reported a 40 percent boost in profit during its most recent quarter as sales rose. Yahoo Inc. (YHOO), down $1.82 to $33.79 The technology company reported a drop in second-quarter profit and revenue, and both results fell short of expectations. Interactive Intelligence Group Inc.
Source: http://news.yahoo.com/time-warner-intel-big-market-202609574.html

Time Warner and Intel are big market movers – Yahoo News

Trading appeared to get the biggest jolt from the latest batch of corporate deal news. Investors drove Time Warner’s stock up 17 percent on news that Twenty-First Century Fox made a takeover bid for the media giant. Other deals involving Apple and IBM as well as slot machine maker International Game Technology also helped lift the market. “It’s a continuation of what we’ve really been seeing this year, and it’s almost a record amount of (mergers and acquisitions) going on,” said David Chalupnik, head of equities at Nuveen Asset Management. Momentum from Intel’s strong second-quarter earnings late Tuesday and news that Apple and IBM are teaming up to sell more iPhones and iPads to corporate customers helped lift major stock indexes in premarket trading.
Source: http://www.denverpost.com/dontmiss/ci_26158164/us-stock-index-futures-move-higher?source=rss

Notable Etf Outflow Detected – Fxz, Ash, Pkg, Rkt – Nasdaq.com

Among the largest underlying components of FXZ, in trading today Ashland Inc (Symbol: ASH) is up about 0.8%, Packaging Corp of America (Symbol: PKG) is trading flat, and Rock-Tenn Co. (Symbol: RKT) is lower by about 0.1%. The chart below shows the one year price performance of FXZ, versus its 200 day moving average: Looking at the chart above, FXZ’s low point in its 52 week range is $26.93 per share, with $34.52 as the 52 week high point – that compares with a last trade of $33.93. Comparing the most recent share price to link the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/notable-etf-outflow-detected-fxz-ash-pkg-rkt-cm368735

First Week of August 16th Options Trading For SPDR S&P Retail ETF – NASDAQ.com

Send Thanks! A link has been sent. Done 3 ETFs Holding Strong During The Pullback By Matthew McCall 9 hours ago . ETF Outlook for Wednesday, July 9, 2014: The U.S.
Source: http://finance.yahoo.com/news/3-etfs-holding-strong-during-130958822.html

3 ETFs Holding Strong During The Pullback – Yahoo Finance

Should the contract expire worthless, the premium would represent a 1.40% return on the cash commitment, or 13.40% annualized – at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for SPDR S&P Retail ETF, and highlighting in green where the $86.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $88.00 strike price has a current bid of $1.08. If an investor was to purchase shares of XRT stock at the current price level of $87.23/share, and then sell-to-open that call contract as a “covered call,” they are committing to sell the stock at $88.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.12% if the stock gets called away at the August 16th expiration (before broker commissions).
Source: http://www.nasdaq.com/article/first-week-of-august-16th-options-trading-for-spdr-sp-retail-etf-cm368741

The Zacks Analyst Blog Highlights: Alcoa, iShares MSCI Brazil Capped ETF, iShares MSCI Germany ETF, Global X FTSE Argentina 20 ETF and iShares MSCI Netherlands ETF – Yahoo Finance

Food and Drug Administration for the treatment of hepatocellular carcinoma. The company is completing a Phase II trial of ENMD-2076 in ovarian cancer. In addition, CASI is conducting a dual-institutional Phase II study of ENMD-2076 in triple-negative breast cancer, a Phase II study in advanced/metastatic soft tissue sarcoma and a Phase II study in advanced ovarian clear cell carcinomas. Winners and Losers Financial Select Financial Sector SPDRs (XLF) was flat. Direxion Daily Financial Bull 3X shares (FAS) was down 0.5% and its bearish counterpart, FAZ, was up 0.3%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-track-futures-lower-investors-look-ahead-to-earnings-season-cm367811

ETF Preview: ETFs Track Futures Lower; Investors Look Ahead to Earnings Season – NASDAQ.com

Typically, analyst estimate revisions have been all over the place prior to the earnings release: 4 upward revisions, 2 downward revisions, for Alcoa’s Q2 and fiscal 2014. Prior to earnings, Alcoa carried a Zacks Rank #3 (Hold). Although Alcoa has been known to “kick off” earnings season each quarter, it had been quite awhile since it’s been considered a “sexy” stock. But with performances like these of the past two quarters, investors may wish to do a double-take before passing up these shares.
Source: http://finance.yahoo.com/news/zacks-analyst-blog-highlights-alcoa-114656639.html