Stock Analysts

Alcoa to Cut Capacity as Lower Aluminum Prices Hurt

Alcoa AA has taken a big step in its ongoing efforts to cope with the low aluminum pricing environment. The company said that it will cut uncompetitive aluminum smelting and alumina refining capacity to move down the cost curve and ensure sustained competitiveness in a challenging operating backdrop. The aluminum giant will curtail aluminum smelting capacity by 503,000 metric tons and alumina refining capacity by 1.2 million metric tons. […]

Stock Analysts

Barclays to Shell Out $94M to Settle Euribor-based Charges

Out of the eleven accused banks in the U.S. antitrust litigation filed by investors for manipulation of the benchmark European Interbank Offered Rate (Euribor) and related derivatives, Barclays PLC BCS became the first defendant bank to resolve the case by agreeing to shell out $94 million in settlement. Other banks under the radar included BNP Paribas SA, Citigroup Inc. […]

Stock Analysts

Noodles & Company’s (NDLS) Q3 Earnings: What’s in Store?

Noodles & Company NDLS is set to report third-quarter 2015 results on Nov 5, before the market opens. Last quarter, the company posted a negative earnings surprise of 16.67%. In fact, the company has posted negative surprises in three of the trailing four quarters Let’s see how things are shaping up for the upcoming announcement […]

Stock Analysts

Tesla Misses on Q3 Results, Shares Go Higher

Prime electric car maker Tesla Motors ( TSLA ) announced Q3 results after the bell Tuesday, missing on both the top and bottom lines in the quarter. However, shares of Tesla stock are popping higher in the after-market, up 8.4 percent following the release of its quarterly letter to shareholders. […]

Mergers & Acquisitions

Southern Company, AGL Resources file request with Maryland regulators for approval of merger

Southern Company, AGL Resources file request with Maryland regulators for approval of merger PR Newswire ATLANTA, Nov. 3, 2015 ATLANTA , Nov. 3, 2015 /PRNewswire/ — In a joint filing with the Maryland Public Service Commission today, Southern Company (NYSE: SO) and AGL Resources (NYSE: GAS) requested regulatory approval of the companies’ proposed merger. […]