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  Aluminum Stocks Shine On Earnings Reports back

time:[2011/02/23]   times:[2678]

    

Two solid earnings results are helping put the spotlight on aluminum stocks today, giving the Aluminum Stocks Index a 3.6% jolt to the upside.

Shares of Century Aluminum (NASDAQ: CENX - News) are surging 7% aw the company posted a fourth-quarter profit after reporting a loss in the year-earlier period. California-based Century Aluminum said revenue rose to $316.9 million from $256.8 million.

Rival Noranda Aluminum Holding (NYSE: NOR - News) is soaring 12% after the company said it earned 40 cents a share in the fourth quarter, excluding items, topping Wall Street estimates by 8 cents. Noranda said revenue climbed 50.2% to $344 million and that it expects higher prices to have a favorable impact on its 2011 results.

Dow component Alcoa (NYSE: AA - News), the largest North American aluminum producer, is fractionally higher while Aluminum Corporation Of China Limited (NYSE: ACH - News) is up 1%. Kaiser Aluminum (NASDAQ: KALU - News) is up 3%.

Investors can track the Aluminum Stocks for performance trends and a suite of other metrics at tickerspy.com.

Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from dividends to ETFs to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!

 
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