CAPITAL MARKETS

Alcoa posts loss with an asterisk

ALCOA has declared a $US119 million ($A131.5 million) net loss for the second quarter in an upbeat report flagging strong operational performance offset by a number of special expenses.

Justin Niessner
Alcoa posts loss with an asterisk

The $119 million loss compares to a net income of $149 million last quarter and a $2 million loss in the same period last year. Revenue was $5.8 billion in the quarter compared to $6 billion a year...

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