Alcoa

How to Pick the Best Stocks: CEO Candor Predicts Performance

When smart investors consider a stock, they look at profit margins, revenue growth, and a raft of ratios to decide if it's a good buy. But beyond those measurements, here's a subtle and simple guideline that can give you real insight about a company's prospects: How honest is its management?

Markets Rise as Alcoa Sees Stronger Demand

World stock markets rose Wednesday after the fourth-quarter earnings season got off to a positive start in the U.S. with aluminum giant Alcoa forecasting higher demand for 2013. Demand for aluminum has been hurt by the weak global economy, but Alcoa predicted a 7 percent increase in demand this year, slightly better than the 6 percent increase in 2012.

U.S. Stock Prices Dip Ahead of Earnings Season Kickoff

U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. Market-watchers expect the quarter's results could include many surprises because of events like Superstorm Sandy, the presidential election, and the narrowly avoided "fiscal cliff."

Dow Posts Largest Percentage Drop Since July

Chevron shares dropped 4.2 percent to $112.45 after it said third-quarter profits would be "substantially lower" than the previous quarter, while Alcoa fell 4.6 percent to $8.71 after it posted a quarterly loss. The company cut its outlook for global aluminum demand, citing a slowdown in China.

Dow Has Its Best Close in Nearly 5 Years

Investors, encouraged by a drop in the unemployment rate, sent the Dow Jones Industrial Average to highest level in almost 5 years on Friday. And though the jobs report-inspired rally did not last, the Dow still closed up 34.79 points, at 13610.15, for its best finish since December 2007.

Dow Loses 251, Its Second-Biggest Drop of the Year

Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.