Dominion Lending Centres Clearlease Reports Aluminum manufacturing giant Alcoa Inc.(NYSE:AA) expected to post 1Q profit on stronger sales, prices
PITTSBURGH, Pa. – (April 8, 2011) Clearlease.com Reports Alcoa Inc.(NYSE:AA) starts the quarterly earnings season when it reports first-quarter results Monday after the markets close.
WHAT TO WATCH FOR: Whether Alcoa has benefited from more sales of aluminum at higher prices as it copes with rising energy costs.
The Pittsburgh aluminum manufacturing giant expects global aluminum consumption to increase 12 per cent this year and has restarted some operations that were closed when business dried up during the recession.
Business is improving for many of Alcoa’s key customers, including the automobile and aerospace industries and manufacturers of long-lasting consumer products such as appliances and electronics.
Aluminum prices rose about 7 per cent in the first quarter, compared with the fourth quarter. So did raw-materials costs, including energy to run refineries and smelters.
Alcoa expects demand for its products to strengthen this year, particularly in growing emerging markets like the Middle East, Latin America and Asia.
WHY IT MATTERS: Alcoa’s performance can reflect economic trends because its products reach across a broad range of businesses. Its customer base includes automobile, trucking and aerospace industries, consumer products and construction. Nearly 80 per cent of its sales are in the U.S. and Europe.
WHAT’S EXPECTED: Analysts surveyed by FactSet forecast earnings of 27 cents a share on sales of $6.16 billion.
They expect Alcoa to report improved demand for its products but question if increased raw-materials and transportation costs will offset gains from higher aluminum prices.
In addition, Alcoa has said it expects first-quarter costs of $15 million for scheduled maintenance outages in its alumina division and $10 million to restart U.S. smelters.
Analysts also will look for any indication that demand may pick up in Japan as it rebuilds after last month’s devastating earthquake and tsunami.
LAST YEAR’S QUARTER: Alcoa reported a net loss of $201 million, or 20 cents per share, on sales of $4.9 billion. Its share price rose from $15.39 to $17.66 in the quarter.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
PITTSBURGH, Pa. – (April 8, 2011) Clearlease.com Reports Alcoa Inc.(NYSE:AA) starts the quarterly earnings season when it reports first-quarter results Monday after the markets close.
WHAT TO WATCH FOR: Whether Alcoa has benefited from more sales of aluminum at higher prices as it copes with rising energy costs.
The Pittsburgh aluminum manufacturing giant expects global aluminum consumption to increase 12 per cent this year and has restarted some operations that were closed when business dried up during the recession.
Business is improving for many of Alcoa’s key customers, including the automobile and aerospace industries and manufacturers of long-lasting consumer products such as appliances and electronics.
Aluminum prices rose about 7 per cent in the first quarter, compared with the fourth quarter. So did raw-materials costs, including energy to run refineries and smelters.
Alcoa expects demand for its products to strengthen this year, particularly in growing emerging markets like the Middle East, Latin America and Asia.
WHY IT MATTERS: Alcoa’s performance can reflect economic trends because its products reach across a broad range of businesses. Its customer base includes automobile, trucking and aerospace industries, consumer products and construction. Nearly 80 per cent of its sales are in the U.S. and Europe.
WHAT’S EXPECTED: Analysts surveyed by FactSet forecast earnings of 27 cents a share on sales of $6.16 billion.
They expect Alcoa to report improved demand for its products but question if increased raw-materials and transportation costs will offset gains from higher aluminum prices.
In addition, Alcoa has said it expects first-quarter costs of $15 million for scheduled maintenance outages in its alumina division and $10 million to restart U.S. smelters.
Analysts also will look for any indication that demand may pick up in Japan as it rebuilds after last month’s devastating earthquake and tsunami.
LAST YEAR’S QUARTER: Alcoa reported a net loss of $201 million, or 20 cents per share, on sales of $4.9 billion. Its share price rose from $15.39 to $17.66 in the quarter.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###Dominion Lending Centres Clearlease Reports Aluminum manufacturing giant Alcoa Inc.(NYSE:AA) expected to post 1Q profit on stronger sales, prices
PITTSBURGH, Pa. – (April 8, 2011) Clearlease.com Reports Alcoa Inc.(NYSE:AA) starts the quarterly earnings season when it reports first-quarter results Monday after the markets close.
WHAT TO WATCH FOR: Whether Alcoa has benefited from more sales of aluminum at higher prices as it copes with rising energy costs.
The Pittsburgh aluminum manufacturing giant expects global aluminum consumption to increase 12 per cent this year and has restarted some operations that were closed when business dried up during the recession.
Business is improving for many of Alcoa’s key customers, including the automobile and aerospace industries and manufacturers of long-lasting consumer products such as appliances and electronics.
Aluminum prices rose about 7 per cent in the first quarter, compared with the fourth quarter. So did raw-materials costs, including energy to run refineries and smelters.
Alcoa expects demand for its products to strengthen this year, particularly in growing emerging markets like the Middle East, Latin America and Asia.
WHY IT MATTERS: Alcoa’s performance can reflect economic trends because its products reach across a broad range of businesses. Its customer base includes automobile, trucking and aerospace industries, consumer products and construction. Nearly 80 per cent of its sales are in the U.S. and Europe.
WHAT’S EXPECTED: Analysts surveyed by FactSet forecast earnings of 27 cents a share on sales of $6.16 billion.
They expect Alcoa to report improved demand for its products but question if increased raw-materials and transportation costs will offset gains from higher aluminum prices.
In addition, Alcoa has said it expects first-quarter costs of $15 million for scheduled maintenance outages in its alumina division and $10 million to restart U.S. smelters.
Analysts also will look for any indication that demand may pick up in Japan as it rebuilds after last month’s devastating earthquake and tsunami.
LAST YEAR’S QUARTER: Alcoa reported a net loss of $201 million, or 20 cents per share, on sales of $4.9 billion. Its share price rose from $15.39 to $17.66 in the quarter.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###