After yesterday’s excitement, the market decided to just coast today. The biggest news occurred last night, when Alcoa (AA) reported its quarterly results. The Street liked the numbers, and the stock traded higher in pre-market trading. It then slowly sold off, however, and ended up closing down 2.43%.Today on the Buzz and Banter, Minyan Peter gave his thoughts on the company:
"Last night Alcoa beat lowered expectations.
"But to me that's just data. The message was in the headline - "Solid Cash Performance".
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