CAPITAL MARKETS

Alcoa posts $2M loss

US ALUMINIUM major Alcoa has disappointed in the second quarter, posting a $US2 million ($A1.9 million) loss and reporting income from continuing operations of less than one-fifth of what it made in the same period last year.

Brooke Showers
Alcoa posts $2M loss

Alcoa put the loss down to lower metal prices, slowing demand and a string of additional company costs experienced in the first half of the year. Income from continuing operations was $61 million or...

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