Sr. Correspondent, Broker Research, Bangalore, India
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Oct 7, 2014
Oct 7, 2014
Oct 7, 2014
Oct 7, 2014

Larger-than-usual move for Alcoa shares expected after results

NEW YORK (Reuters) – Alcoa Inc’s shares are expected to move nearly twice as much as they have following other recent earnings reports when the aluminum producer reports third quarter financial results on Wednesday.

Shares of Alcoa, which have risen about 51 percent for the year-to-date, were up about 1 percent at $16.12 on Tuesday.

Oct 6, 2014
Oct 6, 2014

Bullish bets on Brazilian companies as pro-business candidate makes runoff

NEW YORK, Oct 6 (Reuters) – U.S. options market bulls rushed
to some of the biggest Brazilian companies on Monday, a day
after pro-business Brazilian presidential candidate Aecio Neves’
surprisingly strong showing in the first-round election vote.

Brazilian financial markets rallied after the centrist
senator’s strong finish in Sunday’s election, setting the stage
for what is expected to be a tight runoff against leftist
President Dilma Rousseff.

Oct 6, 2014
Oct 6, 2014
Oct 6, 2014
Oct 6, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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