The aluminum giant matched Wall Street’s profit expectations and exceeded the revenue estimates. Company execs say they see demand picking up as the year progresses. Alcoa shares jumped in after-hours trading.
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PepsiCo (PEP) reported Thursday that its third-quarter net income grew by 12% to $1.22 per share, in line with analyst estimates, as revenue jumped 40%, driven by broad-based gains across its snack and beverage portfolio and the acquisition of its two …
Earnings season unofficially kicks off after the markets close Thursday when Alcoa reports. And some big-name beat-and-raise earnings reports could be just the spark to ignite that market-moving dry powder.
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As travel picks up, Marriott International posted a third-quarter profit of $83 million, up from a loss of $466 million in the year-ago quarter. But shares are down after the company forecast that fourth-quarter earnings might …
How much power should shareholders have when it comes to running a company? Most corporate boards pay little attention to shareholders, but a new rule passed by the SEC may change that, allowing the people who actually own a co…