Alcoa...für mich ein Kauf...


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108 Postings, 5697 Tage adonis_mvGratuliere! ich hab´s verpasst...

 
  
    #1151
06.05.10 22:19
ich beobachte weiter, wie sich Alcoa entwickelt...bei dem Achterbahn heute....weißt man nicht ob 11,XX noch kommt....oder doch nicht?!...;-)

13451 Postings, 8826 Tage daxbunnycharttechnisch einer interessantesten Werte

 
  
    #1152
07.05.10 15:46

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13451 Postings, 8826 Tage daxbunnysollte -eine der interessantesten Werte- heißen. D

 
  
    #1153
2
07.05.10 18:38
Dennoch sehe ich hier ein Potential von gut und gerne 100 % in den nächsten 12 Monaten.  

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13451 Postings, 8826 Tage daxbunnyvermute heute 10 % in den USA

 
  
    #1154
10.05.10 11:49

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376 Postings, 5651 Tage Loki310% sind recht hoch gegriffen,

 
  
    #1155
10.05.10 14:10
5% sind eher realistisch. Senkung des Kursziels durch die UBS und ein steigender Euro-Kurs sind gerade nicht sehr hilfreich für den Kurs!


Gruß Loki  

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13451 Postings, 8826 Tage daxbunnymacht nichts, aber es geht wieder bergauf

 
  
    #1156
10.05.10 16:57
Charttechnisch ein sehr interessanter Titel!!

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5638 Postings, 5662 Tage garrisonmehr schreiben will ich nicht ...

 
  
    #1157
2
11.05.10 20:36
außer AA einsammeln oder wenistens auf watch setzen!


Denn Alcoa ist ein gutes Investment  

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13451 Postings, 8826 Tage daxbunnyeinsammeln ist besser, denn heute wird ein

 
  
    #1158
12.05.10 13:23
guetr AA Tag ;-) Alu-Preis steigt auch schon wieder :-) Bin sehr zuversichtlich

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108 Postings, 5697 Tage adonis_mv...ich bin auch seit gestern wieder dabei;-)

 
  
    #1159
12.05.10 15:30
LME Aluminium hat auch schon den Boden erreicht...jetzt geht `s aufwährts(oder doch nicht?!;-) ....wie im Casino - schwarz oder rot...

5638 Postings, 5662 Tage garrisonWer kan soll kaufen!

 
  
    #1160
1
12.05.10 15:32
Bin mit 300 dabei und werde heut nochmals nachkaufen!!!

>Langzeitinvestment<  

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13451 Postings, 8826 Tage daxbunnyna wer sagt es denn ;-)

 
  
    #1161
12.05.10 20:43

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5638 Postings, 5662 Tage garrison...und sie steigt tatsächlich..:)

 
  
    #1162
13.05.10 16:18
$$$$$$$$$$$$$$  

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5638 Postings, 5662 Tage garrison...und hab teilweise Gewinne mitgenommen

 
  
    #1163
13.05.10 16:23
...spät abend werde nochmals billiger nachtanken...$$$$  

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1761 Postings, 5429 Tage otwocandoWas erwartet Ihr

 
  
    #1164
09.07.10 11:06

für den kommenden Montag?!

Denkt Ihr das es up der down geht??!

 

13451 Postings, 8826 Tage daxbunnydie meisten denken an up, nach dem Kursverlauf

 
  
    #1165
09.07.10 12:13
der letzten Tage.  

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9 Postings, 5316 Tage TinaBerlinkein schlechtes Zeichen

 
  
    #1166
09.07.10 16:10
wenn am Tage vor den Zahlen der Kurs steigt - meistens gibt es dann bereits ein paar Leute die die Zahlen kennen ;-)  

846 Postings, 5367 Tage bobby21Eigentlich

 
  
    #1167
12.07.10 15:37
sollte es ja up gehen.
Der Aluminumpreis ist jedoch deutlich gefallen und somit kann es gar nicht so toll aussehen. Bin gespannt, tippe aber auf eher niedrige Gewinne (wenn überhaupt).  

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293 Postings, 6100 Tage d0minationzahlen

 
  
    #1168
12.07.10 15:52
wann kommen denn die zahlen? nach handelsschluss oder früher?  

13451 Postings, 8826 Tage daxbunnynach HS

 
  
    #1169
1
12.07.10 16:02
tippe eher auch auf negativ, allein schon wg. dem Alupreis.

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13451 Postings, 8826 Tage daxbunnyhier der 3-Monats-Chart

 
  
    #1170
1
12.07.10 16:04

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846 Postings, 5367 Tage bobby21Jup

 
  
    #1171
12.07.10 16:16
habe ebenfalls gehört, dass der Bericht nach Handelsschluss kommt. Das dürfte dann in knapp 22 Stunden sein oder?  

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13451 Postings, 8826 Tage daxbunnyAlcoa Reports Second Quarter 2010 Results

 
  
    #1172
12.07.10 22:18

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13451 Postings, 8826 Tage daxbunnyPosting zu lang tztztztzzzz

 
  
    #1173
2
12.07.10 22:21
Alcoa Reports Second Quarter 2010 Results
22:15 12.07.10

Highlights: Income from continuing operations of $137 million or $0.13 per share; net income of $136 million or $0.13 per share. Revenue of $5.2 billion, a six percent increase from the first quarter of 2010, primarily driven by higher volume. EBITDA of $724 million -- EBITDA Margin of 14.0 percent highest since third quarter 2008. Free cash flow in the second quarter totaled $87 million. Cash on hand of $1.34 billion. Global aluminum consumption forecast raised from 10 to 12 percent on improved end-market demand.

NEW YORK--(BUSINESS WIRE)--
Alcoa (NYSE: AA) today announced second quarter 2010 income from continuing operations of $137 million or $0.13 per share compared with a first quarter 2010 loss from continuing operations of $194 million, or a loss of $0.19 per share. First quarter 2010 results included restructuring and special charges of $295 million, or $0.29 per share. The second quarter of 2009 showed a loss from continuing operations of $312 million, or $0.32 per share including restructuring charges.

Earnings for the second quarter improved $331 million sequentially as stronger volumes, productivity improvements, favorable currency and lower energy costs more than offset slightly lower average realized metal prices which declined $22 a metric ton, to an average of $2,309 a ton in the quarter.

The second quarter 2010 results reflect the impact of restructuring including job reductions and special items such as costs associated with the recently completed United Steelworkers contract negotiations, offset by non-cash, mark-to-market benefits on derivatives in several power contracts as well as a net discrete tax benefit. Taken together these items had a net unfavorable impact of $2 million in the quarter. First quarter 2010 results included restructuring and special charges of $295 million or $0.29 per share.

Revenues for the quarter were $5.2 billion, a six percent increase from the first quarter of 2010 driven by a four percent increase in aluminum shipments and a one percent increase in third-party prices for alumina, partially offset by a one percent decrease in realized prices for aluminum. In many markets we saw strong revenue growth from the previous quarter with packaging (+17%), commercial transportation (+10%), building and construction (+9%), distribution (+5%), industrial gas turbines (+5%) and aerospace (+5%) realizing gains. Revenues increased 22 percent from $4.2 billion in the second quarter of 2009.

We improved profits and revenues and maintained our solid cash position, said Klaus Kleinfeld, Alcoa Chairman and CEO. The top and bottom line growth was driven by higher volumes from stronger end markets and continued gains from our productivity programs. Based on this improved end-market demand, we are raising our projection for aluminum consumption from 10 percent to 12 percent this year.

Prospects for Alcoa and aluminum continue to be excellent, Kleinfeld said. Aluminum is traditionally a backbone of growing economies and is penetrating new applications every day. Alcoa has enviable positions in bauxite, alumina and aluminum and our investments will move us further down the cost curve. Meanwhile, our mid- and downstream businesses continue to improve margins.

Alcoa continued to produce strong results in its cash sustainability program. After the first six months of 2010, the Company is tracking toward its expanded goals for 2010, including: $1.4 billion of the targeted $2.5 billion in procurement savings; $311 million of the targeted $500 million in annual overhead reduction savings; days of working capital at 42, a six-day improvement from the same period last year; and $514 million toward the targeted $1.25 billion in capital spending. The capital spending includes the Companys investment in the Maaden/Alcoa joint venture in Saudi Arabia, which will create the worlds lowest-cost aluminum complex, including a mine, refinery, smelter and rolling mill.

Cash sustainability efforts helped improve the cost of goods sold as a percentage of sales by 90 basis points to 81.2 percent from 82.1 percent in the first quarter of 2010. EBITDA for the second quarter 2010 was $724 million. The Companys second quarter 2010 EBITDA margin of 14.0 percent was the highest since third quarter 2008.

Net income for the second quarter 2010 was $136 million or $0.13 per share compared with a net loss of $201 million, or a loss of $0.20 per share in the first quarter of 2010, which includes the previously mentioned restructuring and special items. The second quarter of 2009 showed a net loss of $454 million, or $0.47 per share, including restructuring charges.

Free cash flow in the second quarter of 2010 totaled $87 million. In the quarter, the Company ended several accounts receivable sales programs, which resulted in an unfavorable working capital impact of approximately $260 million and held free cash flow back from even stronger performance.

Debt-to-capital at the end of the second quarter 2010 stands at 38.4 percent, 130 basis points lower than the second quarter of 2009. Overall debt decreased $465 million from the second quarter of 2009. Cash on hand at the end of the second quarter of 2010 was $1.34 billion.

Revenues for the first half of 2010 were $10.1 billion, and results from continuing operations showed a loss of $57 million, or $0.06 per share. The first half of 2010 showed a net loss of $65 million, or $0.06 per share.

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13451 Postings, 8826 Tage daxbunnyAlcoa and subsidiaries

 
  
    #1174
12.07.10 22:22

Alcoa and subsidiaries                                                                                              

Statement of Consolidated Operations (unaudited)

(in millions, except per-share, share, and metric ton amounts)

   
  Quarter ended
  June 30, March 31, June 30,
   

2009

  

2010

  

2010

Sales $4,244 $4,887 $5,187
       
Cost of goods sold (exclusive of expenses below)  3,966  4,013  4,210
Selling, general administrative, and other expenses  240  239  208
Research and development expenses  38  39  45
Provision for depreciation, depletion, and amortization  317  358  363
Restructuring and other charges  82  187  30
Interest expense  115  118  119
Other (income) expenses, net  (89)  21  (16)
Total costs and expenses  4,669  4,975  4,959
       
(Loss) income from continuing operations before income taxes  (425)  (88)  228
(Benefit) provision for income taxes  (108)  84  57
       
(Loss) income from continuing operations  (317)  (172)  171
Loss from discontinued operations  (142)  (7)  (1)
       
Net (loss) income  (459)  (179)  170
       
Less: Net (loss) income attributable to noncontrolling interests  (5)  22  34
       
NET (LOSS) INCOME ATTRIBUTABLE TO ALCOA $(454) $(201) $136
       
AMOUNTS ATTRIBUTABLE TO ALCOA COMMON

SHAREHOLDERS:

      
(Loss) income from continuing operations $(312) $(194) $137
Loss from discontinued operations  (142)  (7)  (1)
Net (loss) income $(454) $(201) $136
       
EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA COMMON

SHAREHOLDERS:

      
Basic:      
(Loss) income from continuing operations $(0.32) $(0.19) $0.13
Loss from discontinued operations  (0.15)  (0.01)   
Net (loss) income $(0.47) $(0.20) $0.13
       
Diluted:      
(Loss) income from continuing operations $(0.32) $(0.19) $0.13
Loss from discontinued operations  (0.15)  (0.01)   
Net (loss) income $(0.47) $(0.20) $0.13
       
Average number of shares used to compute:      
Basic earnings per common share  974,279,655  1,007,221,162  1,021,064,062
Diluted earnings per common share  974,279,655  1,007,221,162  1,116,861,304
       
Shipments of aluminum products (metric tons)  1,288,000  1,134,000  1,182,000

Alcoa and subsidiaries

Statement of Consolidated Operations (unaudited), continued

(in millions, except per-share, share, and metric ton amounts)

   
  Six months ended
  

June 30,

   

2009

  

2010

Sales $8,391  $10,074 
     
Cost of goods sold (exclusive of expenses below)  8,109   8,223 
Selling, general administrative, and other expenses  484   447 
Research and development expenses  79   84 
Provision for depreciation, depletion, and amortization  600   721 
Restructuring and other charges  151   217 
Interest expense  229   237 
Other (income) expenses, net  (59)  5 
Total costs and expenses  9,593   9,934 
     
(Loss) income from continuing operations before income taxes  (1,202)  140 
(Benefit) provision for income taxes  (415)  141 
     
Loss from continuing operations  (787)  (1)
Loss from discontinued operations  (159)  (8)
     
Net loss  (946)  (9)
     
Less: Net income attributable to noncontrolling interests  5   56 
     
NET LOSS ATTRIBUTABLE TO ALCOA $(951) $(65)
     
AMOUNTS ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS:    
Loss from continuing operations $(792) $(57)
Loss from discontinued operations  (159)  (8)
Net loss $(951) $(65)
     
EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA COMMON

SHAREHOLDERS:

    
Basic:    
Loss from continuing operations $(0.89) $(0.06)
Loss from discontinued operations  (0.17)    
Net loss $(1.06) $(0.06)
     
Diluted:    
Loss from continuing operations $(0.89) $(0.06)
Loss from discontinued operations  (0.17)    
Net loss $(1.06) $(0.06)
     
Average number of shares used to compute:    
Basic earnings per common share  895,919,914   1,014,138,578 
Diluted earnings per common share  895,919,914   1,014,138,578 
     
Common stock outstanding at the end of the period  974,286,776   1,021,204,374 
     
Shipments of aluminum products (metric tons)  2,463,000   2,316,000 

Alcoa and subsidiaries

Consolidated Balance Sheet (unaudited)

(in millions)

     
  December 31, June 30,
  

2009

 

2010

ASSETS    
Current assets:    
Cash and cash equivalents $1,481  $1,344 

Receivables from customers, less allowances of

 $70 in 2009 and $56 in 2010

  1,529   1,938 
Other receivables  653   273 
Inventories  2,328   2,391 
Prepaid expenses and other current assets  1,031   876 
Total current assets  7,022   6,822 
     
Properties, plants, and equipment  35,525   35,154 
Less: accumulated depreciation, depletion, and amortization  15,697   16,016 
Properties, plants, and equipment, net  19,828   19,138 
Goodwill  5,051   5,032 
Investments  1,061   1,079 
Deferred income taxes  2,958   2,848 
Other noncurrent assets  2,419   2,298 
Assets held for sale  133   95 
Total assets $38,472  $37,312 
     
LIABILITIES    
Current liabilities:    
Short-term borrowings $176  $134 
Commercial paper      74 
Accounts payable, trade  1,954   1,854 
Accrued compensation and retirement costs  925   832 
Taxes, including income taxes  345   372 
Other current liabilities  1,345   1,125 
Long-term debt due within one year  669   1,311 
Total current liabilities  5,414   5,702 
Long-term debt, less amount due within one year  8,974   8,281 
Accrued pension benefits  3,163   2,679 
Accrued postretirement benefits  2,696   2,687 
Other noncurrent liabilities and deferred credits  2,605   2,207 
Liabilities of operations held for sale  60   31 
Total liabilities  22,912   21,587 
     
CONVERTIBLE SECURITIES OF SUBSIDIARY  40     
     
EQUITY    
Alcoa shareholders equity:    
Preferred stock  55   55 
Common stock  1,097   1,141 
Additional capital  6,608   7,091 
Retained earnings  11,020   10,892 
Treasury stock, at cost  (4,268)  (4,177)
Accumulated other comprehensive loss  (2,092)  (2,393)
Total Alcoa shareholders' equity  12,420   12,609 
Noncontrolling interests  3,100   3,116 
Total equity  15,520   15,725 
Total liabilities and equity $38,472  $37,312 

Alcoa and subsidiaries

Statement of Consolidated Cash Flows (unaudited)

(in millions)

   
  Six months ended
  

June 30,

  

2009

 

2010

CASH FROM OPERATIONS    
Net loss $(946) $(9)
Adjustments to reconcile net loss to cash from operations:    
Depreciation, depletion, and amortization  600   722 
Deferred income taxes  (22)  156 
Equity loss (income), net of dividends  16   (19)
Restructuring and other charges  151   217 
Net gain from investing activities asset sales  (17)    
Loss from discontinued operations  159   8 
Stock-based compensation  53   50 
Excess tax benefits from stock-based payment arrangements      (1)
Other  114   81 
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:    
Decrease (increase) in receivables  428   (570)
Decrease (increase) in inventories  942   (189)
Decrease in prepaid expenses and other current assets  114   67 
(Decrease) increase in accounts payable, trade  (690)  1 
(Decrease) in accrued expenses  (280)  (246)
(Decrease) increase in taxes, including income taxes  (479)  190 
Pension contributions  (69)  (44)
(Increase) in noncurrent assets  (133)  (4)
Increase in noncurrent liabilities  112   104 
Decrease (increase) in net assets held for sale  14   (20)
CASH PROVIDED FROM CONTINUING OPERATIONS  67   494 
CASH (USED FOR) PROVIDED FROM DISCONTINUED OPERATIONS  (10)  5 
CASH PROVIDED FROM OPERATIONS  57   499 
     
FINANCING ACTIVITIES    
Net change in short-term borrowings  189   (41)
Net change in commercial paper  (1,435)  74 
Additions to long-term debt  905   83 
Debt issuance costs  (17)    
Payments on long-term debt  (23)  (123)
Proceeds from exercise of employee stock options      7 
Excess tax benefits from stock-based payment arrangements      1 
Issuance of common stock  876     
Dividends paid to shareholders  (168)  (63)
Distributions to noncontrolling interests  (79)  (113)
Contributions from noncontrolling interests  253   64 
Acquisitions of noncontrolling interests      (66)
CASH PROVIDED FROM (USED FOR) FINANCING ACTIVITIES  501   (177)
     
INVESTING ACTIVITIES    
Capital expenditures  (884)  (434)
Capital expenditures of discontinued operations  (5)    
Acquisitions, net of cash acquired (a)  15   5 
Proceeds from the sale of assets and businesses (b)  (78)  (11)
Additions to investments (c)  4   (159)
Sales of investments  506   138 
Net change in short-term investments and restricted cash  (50)  7 
Other  (5)    
CASH USED FOR INVESTING ACTIVITIES  (497)  (454)
     

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH

 EQUIVALENTS

  

28

   

(5

 
Net change in cash and cash equivalents  89   (137)
Cash and cash equivalents at beginning of year  762   1,481 
CASH AND CASH EQUIVALENTS AT END OF PERIOD $851  $1,344 

(a)

 

Acquisitions, net of cash acquired for the six months ended June 30, 2010 was a cash inflow as this line item includes cash received as a result of post-closing adjustments related to the acquisition of a BHP Billiton subsidiary that holds interests in four bauxite mines and one refining facility in the Republic of Suriname, which was completed on July 31, 2009. Acquisitions, net of cash acquired for the six months ended June 30, 2009 was a cash inflow as this line item includes cash acquired in the exchange of Alcoas 45.45% stake in the Sapa AB joint venture for Orkla ASAs 50% stake in the Elkem Aluminium ANS joint venture, which was completed on March 31, 2009.

   

(b)

 

Proceeds from the sale of assets and businesses for the six months ended June 30, 2010 was a cash outflow as this line item includes cash paid to settle former customer contracts of the divested Electrical and Electronic Solutions and Automotive Castings businesses. Proceeds from the sale of assets and businesses for the six months ended June 30, 2009 was a cash outflow as this line item includes cash paid to Platinum Equity related to the divestiture of the Electrical and Electronic Solutions wire harness and electrical distribution business, which was completed on June 15, 2009 with an effective date of June 1, 2009.

   

(c)

 

Additions to investments for the six months ended June 30, 2009 was a cash inflow as this line item includes the return of a portion of the contributions made in prior periods related to one of Alcoa Alumínios hydroelectric power projects. All contributions related to this project were originally presented as cash outflows in Additions to investments in the appropriate periods.

Alcoa and subsidiaries

Segment Information (unaudited)

(dollars in millions, except realized prices; production and shipments in thousands of metric

tons [kmt])

               
  

1Q09

 

2Q09

 

3Q09

 

4Q09

 

2009

 

1Q10

 

2Q10

Alumina:              
Alumina production (kmt)  3,445   3,309   3,614   3,897   14,265   3,866   3,890 
Third-party alumina shipments (kmt)  1,737   2,011   2,191   2,716   8,655   2,126   2,264 
Third-party sales $430  $441  $530  $760  $2,161  $638  $701 
Intersegment sales $384  $306  $432  $412  $1,534  $591  $530 
Equity income $2  $1  $2  $3  $8  $2  $4 
Depreciation, depletion, and amortization $55  $67  $81  $89  $292  $92  $107 
Income taxes $(1) $(21) $13  $(13) $(22) $27  $41 
After-tax operating income (ATOI) $35  $(7) $65  $19  $112  $72  $94 
               
Primary Metals:              
Aluminum production (kmt)  880   906   881   897   3,564   889   893 
Third-party aluminum shipments (kmt)  683   779   698   878   3,038   695   699 
Alcoas average realized price per metric ton of aluminum  

1,567

   

1,667

   

1,972

   

2,155

   

1,856

   

2,331

   

2,309

 
Third-party sales $844  $1,146  $1,362  $1,900  $5,252  $1,702  $1,710 
Intersegment sales $393  $349  $537  $557  $1,836  $623  $693 
Equity (loss) income $(30) $4  $   $   $(26) $   $1 
Depreciation, depletion, and amortization $122  $139  $143  $156  $560  $147  $142 
Income taxes $(147) $(119) $(52) $(47) $(365) $18  $  
ATOI $(212) $(178) $(8) $(214) $(612) $123  $109 
               
Flat-Rolled Products:              
Third-party aluminum shipments (kmt)  442   448   476   465   1,831   379   420 
Third-party sales $1,510  $1,427  $1,529  $1,603  $6,069  $1,435  $1,574 
Intersegment sales $26  $23  $34  $30  $113  $46  $40 
Depreciation, depletion, and amortization $52  $55  $60  $60  $227  $59  $57 
Income taxes $   $(1) $17  $32  $48  $18  $28 
ATOI $(61) $(35) $10  $37  $(49) $30  $71 
               
Engineered Products and Solutions:              
Third-party aluminum shipments (kmt)  41   50   43   46   180   46   50 
Third-party sales $1,270  $1,194  $1,128  $1,097  $4,689  $1,074  $1,122 
Equity income $   $   $1  $1  $2  $1  $  
Depreciation, depletion, and amortization $40  $46  $41  $50  $177  $41  $38 
Income taxes $46  $40  $33  $20  $139  $31  $48 
ATOI $95  $88  $75  $57  $315  $81  $107 
               
Reconciliation of ATOI to consolidated net (loss) income attributable to Alcoa:              
Total segment ATOI $(143) $(132) $142  $(101) $(234) $306  $381 
Unallocated amounts (net of tax):              
Impact of LIFO  29   39   80   87   235   (14)  (3)
Interest income  1   8   (1)  4   12   3   3 
Interest expense  (74)  (75)  (78)  (79)  (306)  (77)  (77)
Noncontrolling interests  (10)  5   (47)  (9)  (61)  (22)  (34)
Corporate expense  (71)  (70)  (71)  (92)  (304)  (67)  (59)
Restructuring and other charges  (46)  (56)  (3)  (50)  (155)  (122)  (21)
Discontinued operations  (17)  (142)  4   (11)  (166)  (7)  (1)
Other  (166)  (31)  51   (26)  (172)  (201)  (53)
Consolidated net (loss) income attributable to Alcoa  

(497

   

(454

   

77

   

(277

   

(1,151

   

(201

   

136

 

The difference between certain segment totals and consolidated amounts is in Corporate.

Alcoa and subsidiaries

Calculation of Financial Measures (unaudited)

(dollars in millions)

       
Earnings before interest, taxes, depreciation, and     

Quarter ended

amortization (EBITDA) Margin     June 30,
      

2010

       
Net income attributable to Alcoa     $136 
       
Add:      
Net income attributable to noncontrolling interests      34 
Loss from discontinued operations      1 
Provision for income taxes      57 
Other income, net      (16)
Interest expense      119 
Restructuring and other charges      30 
Provision for depreciation, depletion, and amortization      363 
       
EBITDA     $724 
       
Sales     $5,187 
       
EBITDA/Sales (EBITDA Margin)      14%

Alcoas definition of EBITDA is net margin plus an add-back for depreciation, depletion, and amortization. Net margin is equivalent to Sales minus the following items: Cost of goods sold; Selling, general administrative, and other expenses; Research and development expenses; and Provision for depreciation, depletion, and amortization. EBITDA is a non-GAAP financial measure. Management believes that this measure is meaningful to investors because EBITDA provides additional information with respect to Alcoas operating performance and the Companys ability to meet its financial obligations. The EBITDA presented may not be comparable to similarly titled measures of other companies.

Free Cash Flow 

Quarter ended

  June 30,
  

2010

   
Cash provided from operations $300 
   
Capital expenditures  (213)
   
   
Free cash flow $87 

Free Cash Flow is a non-GAAP financial measure. Management believes that this measure is meaningful to investors because management reviews cash flows generated from operations after taking into consideration capital expenditures due to the fact that these expenditures are considered necessary to maintain and expand Alcoas asset base and are expected to generate future cash flows from operations. It is important to note that Free Cash Flow does not represent the residual cash flow available for discretionary expenditures since other non-discretionary expenditures, such as mandatory debt service requirements, are not deducted from the measure.

Gruß DB

Optionen

180 Postings, 5935 Tage sysberlinAktie nachbörslich vom Handel ausgesetzt

 
  
    #1175
3
12.07.10 22:41
12.07.2010 22:31
Alcoa übertrifft Erwartungen - Aktie nachbörslich vom Handel ausgesetzt
Pittsburgh (BoerseGo.de) - Der Aluminium-Riese Alcoa erzielt im zweiten Quartal einen Gewinn von 0,13 Dollar pro Aktie, 1 Cent besser als erwartet. Der Umsatz steigt gegenüber dem entsprechenden Vorjahresquartal um 22,8 Prozent auf 5,19 Milliarden Dollar, was ebenfalls über den Konsensschätzungen der Analysten von 5,05 Milliarden Dollar liegt.

Höhere Auftragsvolumen, eine verbesserte Produktion, geringere Energiekosten und positive Währungseffekte konnten die sinkenden Preise für Aluminium kompensieren, so das Management.

Die Aktie ist nachbörslich aktuell vom Handel ausgesetzt.  


http://www.finanznachrichten.de/...lich-vom-handel-ausgesetzt-009.htm  

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