Daily Business News
Tuesday, October 10, 2006
  Alcoa quarterly profit up but disappoints (Reuters)

An Alcoa employee in an undated photo. Alcoa said on Tuesday third-quarter profit almost doubled as revenue increased on higher aluminum prices. (Handout/Reuters)Reuters - Alcoa Inc. said on Tuesday its third-quarter profit almost doubled but results fell below Wall Street forecasts due to lower aluminum prices higher costs and weakness in the automotive and home-building sectors.


 
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