Ich frage mich auch, warum Alcoa vor den Zahlen abgestraft wird. Die Märkte sind in den letzten Wochen nur Richtung Norden gegangen. Ich habe mir von Alcoa mehr erhofft. Ist bestimmt etwas durchgesickert oder jemand möchte noch günstig rein? War dar nicht ein Gerücht, dass GS rein will? Ich bin jedenfalls gespannt wie das hier weitergeht. Meiner Meinung müsste die Aktie als zyklischer Wert abgehen. Hoffentlich wird es nicht wie bei den letzten Quartalszahlen.....  

Vor den Zahlen runter und dann Kursschub? Das letzte mal vor den Zahlen bis auf 17 $ rauf und dann kräftiger Abverkauf...

Ja, so könnte es hinhauen... :-)  

eventuell gibt's die am montag etwas günstiger. mal schauen
aber da ist noch jede menge potential drin, also langristig definitiv long!

http://www.wallstreet-online.de/nachrichten/...gt-quartalszahlen.html  

...wie is die Stimmung? Sitzen alle mit 'nem Bier in der ersten  Reihe und sind voller Spannung, ob der Zahlen, die da kommen?   

Zumindest sind wir diesmal nicht bis auf die 17,x gelaufen...können wir  also auch nicht so tief fallen, falls man den Erwartungen nicht gerecht  werden sollte.

 

12.04.2010 22:14
Eilmeldung: Alcoa mit gemischten Zahlen
Pittsburgh (BoerseGo.de) - Der US-Aluminiumkonzern Alcoa berichtet für das erste Quartal einen im Rahmen der Erwartungen der Analysten liegenden Gewinn von 0,10 Dollar pro Aktie. Der Umsatz fällt im ersten Quartal mit 4,89 Milliarden Dollar unter den Erwartungen von Wall Street von 5,24 Milliarden Dollar aus.
(© BörseGo AG 2007 - http://www.boerse-go.de, Autor: Hoyer Christian, Redakteur)


© 2010 BörseGo  

Pittsburgh (BoerseGo.de) – Der US-Aluminiumkonzern Alcoa berichtet für das erste Quartal einen im Rahmen der Erwartungen der Analysten liegenden Gewinn von 0,10 Dollar pro Aktie. Der Umsatz fällt im ersten Quartal mit 4,89 Milliarden Dollar unter den Erwartungen von Wall Street von 5,24 Milliarden Dollar aus.

http://www.godmode-trader.de/nachricht/...schten-Zahlen,a2134245.html  

12.04.2010 22:12

Alcoa Reports 1Q 2010 Results

 

• Loss from continuing operations of $194 million, or $0.19 per  share,          including restructuring and special charges.
• Restructuring and special charges total $295 million, or $0.29  per          share.
• Strong EBITDA performance of $596 million, highest since 3^rd           quarter 2008.      
• Realized aluminum and alumina prices increase 8 and 13 percent,          respectively, from 4^th quarter 2009.
• Revenues of $4.9 billion; higher realized prices offset by  normalized          buy/re-sell activity, lower shipments, and actions to improve          long-term profitability in rigid packaging.
• Cash Sustainability Program drove $86 million in productivity.
• Debt-to-capital ratio improved to 38.1 percent, 60-basis-points  better          sequentially.
• Cash on hand of $1.3 billion at end of 1^st quarter.
• Net loss for 1^st quarter 2010 of $201 million, or  $0.20 per          share.

 

 

Alcoa and subsidiaries

Statement of Consolidated Operations (unaudited)

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

 
   Quarter ended  
 March 31,     December 31,     March 31,  
 2009   2009   2010  
Sales   $  4,147    $  5,433    $  4,887  
       
Cost of goods sold (exclusive of expenses below)    4,143     4,905     4,013  
Selling, general administrative, and other expenses    244     291     239  
Research and development expenses    41     51     39  
Provision for depreciation, depletion, and amortization    283     369     358  
Restructuring and other charges    69     69     187  
Interest expense    114     121     118  
Other expenses, net      30         21         21    
Total costs and expenses    4,924     5,827     4,975  
       
Loss from continuing operations before income taxes    (777  )    (394  )    (88  )  
(Benefit) provision for income taxes      (307  )      (137  )      84    
       
Loss from continuing operations    (470  )    (257  )    (172  )  
Loss from discontinued operations      (17  )      (11  )      (7  )  
       
Net loss    (487  )    (268  )    (179  )  
       
Less: Net income attributable to noncontrolling interests      10         9         22    
       
NET LOSS ATTRIBUTABLE TO ALCOA   $  (497  )   $  (277  )   $  (201  )  
       
AMOUNTS ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS:
     
Loss from continuing operations   $  (480  )   $  (266  )   $  (194  )  
Loss from discontinued operations      (17  )      (11  )      (7  )  
Net loss   $  (497  )   $  (277  )   $  (201  )  
       
EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS:
     
Basic:        
Loss from continuing operations   $  (0.59  )   $  (0.27  )   $  (0.19  )  
Loss from discontinued operations      (0.02  )      (0.01  )      (0.01  )  
Net loss   $  (0.61  )   $  (0.28  )   $  (0.20  )  
       
Diluted:        
Loss from continuing operations   $  (0.59  )   $  (0.27  )   $  (0.19  )  
Loss from discontinued operations      (0.02  )      (0.01  )      (0.01  )  
Net loss   $  (0.61  )   $  (0.28  )   $  (0.20  )  
       
Average number of shares used to compute:        
Basic earnings per common share    816,743,426     974,377,851     1,007,221,162  
Diluted earnings per common share    816,743,426     974,377,851     1,007,221,162  
       
Common stock outstanding at the end of the period    974,275,393     974,378,820     1,020,819,182  
       
Shipments of aluminum products (metric tons)    1,175,000     1,404,000     1,134,000  
 
Alcoa and subsidiaries

Consolidated Balance Sheet (unaudited)

(in millions)

   December 31,

2009
   March 31,

2010

ASSETS      
Current assets:      
Cash and cash equivalents   $  1,481    $  1,292  
Receivables from customers, less allowances of $70 in 2009 and $61 in 2010
  1,529     1,647  
Other receivables    653     308  
Inventories    2,328     2,394  
Prepaid expenses and other current assets      1,031         978    
Total current assets      7,022         6,619    
     
Properties, plants, and equipment    35,525     35,757  
Less: accumulated depreciation, depletion, and amortization      15,697         16,090    
Properties, plants, and equipment, net      19,828         19,667    
Goodwill    5,051     5,065  
Investments    1,061     1,058  
Deferred income taxes    2,958     2,918  
Other noncurrent assets    2,419     2,388  
Assets held for sale      133         120    
Total assets   $  38,472      $  37,835    
     
LIABILITIES      
Current liabilities:      
Short-term borrowings   $  176    $  166  
Accounts payable, trade    1,954     1,868  
Accrued compensation and retirement costs    925     799  
Taxes, including income taxes    345     371  
Other current liabilities    1,345     1,274  
Long-term debt due within one year      669         666    
Total current liabilities      5,414         5,144    
Long-term debt, less amount due within one year    8,974     8,925  
Accrued pension benefits    3,163     2,547  
Accrued postretirement benefits    2,696     2,689  
Other noncurrent liabilities and deferred credits    2,605     2,631  
Liabilities of operations held for sale      60         49    
Total liabilities      22,912         21,985    
     
CONVERTIBLE SECURITIES OF SUBSIDIARY    40      
     
EQUITY      
Alcoa shareholders equity:      
Preferred stock    55     55  
Common stock    1,097     1,141  
Additional capital    6,608     7,100  
Retained earnings    11,020     10,787  
Treasury stock, at cost    (4,268  )    (4,191  )  
Accumulated other comprehensive loss      (2,092  )      (2,223  )  
Total Alcoa shareholders' equity      12,420         12,669    
Noncontrolling interests      3,100         3,181    
Total equity      15,520         15,850    
Total liabilities and equity   $  38,472      $  37,835    
 
Alcoa and subsidiaries

Statement of Consolidated Cash Flows (unaudited)

(in millions)

   Three months ended

March 31,

 2009     2010  
CASH FROM OPERATIONS      
Net loss   $  (487  )   $  (179  )  
Adjustments to reconcile net loss to cash from operations:      
Depreciation, depletion, and amortization    283     358  
Deferred income taxes    (24  )    68  
Equity loss (income), net of dividends    27     (15  )  
Restructuring and other charges    69     187  
Net gain from investing activities asset sales    (27  )    (2  )  
Loss from discontinued operations    17     7  
Stock-based compensation    26     25  
Other    37     65  
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:      
Decrease (increase) in receivables    302     (176  )  
Decrease (increase) in inventories    523     (105  )  
Decrease in prepaid expenses and other current assets    11     14  
(Decrease) in accounts payable, trade    (474  )    (55  )  
(Decrease) in accrued expenses    (303  )    (326  )  
(Decrease) increase in taxes, including income taxes    (339  )    321  
Pension contributions    (34  )    (22  )  
Decrease (increase) in noncurrent assets    30     (9  )  
Increase in noncurrent liabilities    98     53  
Decrease (increase) in net assets held for sale      1         (17  )  
CASH (USED FOR) PROVIDED FROM CONTINUING OPERATIONS    (264  )    192  
CASH (USED FOR) PROVIDED FROM DISCONTINUED OPERATIONS      (7  )      7    
CASH (USED FOR) PROVIDED FROM OPERATIONS      (271  )      199    
     
FINANCING ACTIVITIES      
Net change in short-term borrowings    209     (9  )  
Net change in commercial paper    (1,202  )      
Additions to long-term debt    689     53  
Debt issuance costs    (13  )      
Payments on long-term debt    (1  )    (86  )  
Proceeds from exercise of employee stock options        5  
Issuance of common stock    876      
Dividends paid to shareholders    (137  )    (32  )  
Dividends paid to noncontrolling interests    (77  )    (72  )  
Contributions from noncontrolling interests    159     27  
Acquisitions of noncontrolling interests              (66  )  
CASH PROVIDED FROM (USED FOR) FINANCING ACTIVITIES      503         (180  )  
     
INVESTING ACTIVITIES      
Capital expenditures    (468  )    (221  )  
Capital expenditures of discontinued operations    (3  )      
Acquisitions, net of cash acquired (a)    18     5  
Proceeds from the sale of assets and businesses    116      
Additions to investments    (29  )    (129  )  
Sales of investments    506     137  
Other      (4  )          
CASH PROVIDED FROM (USED FOR) INVESTING ACTIVITIES      136         (208  )  
     
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
    1
       
   
Net change in cash and cash equivalents    369     (189  )  
Cash and cash equivalents at beginning of year      762         1,481    
CASH AND CASH EQUIVALENTS AT END OF PERIOD   $  1,131      $  1,292    
(a)     Acquisitions, net of cash acquired for the three months ended March 31, 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 three months ended March 31, 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.  
 
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  
Alumina:              
Alumina production (kmt)    3,445     3,309     3,614     3,897     14,265     3,866  
Third-party alumina shipments (kmt)    1,737     2,011     2,191     2,716     8,655     2,126  
Third-party sales   $  430    $  441    $  530    $  760    $  2,161    $  638  
Intersegment sales   $  384    $  306    $  432    $  412    $  1,534    $  591  
Equity income   $  2    $  1    $  2    $  3    $  8    $  2  
Depreciation, depletion, and amortization   $  55    $  67    $  81    $  89    $  292    $  92  
Income taxes   $  (1  )   $  (21  )   $  13    $  (13  )   $  (22  )   $  27  
After-tax operating income (ATOI)     $  35        $  (7  )     $  65        $  19        $  112        $  72    
             
Primary Metals:              
Aluminum production (kmt)    880     906     881     897     3,564     889  
Third-party aluminum shipments (kmt)    683     779     698     878     3,038     695  
Alcoas average realized price per metric ton of aluminum    1,567
   1,667
   1,972
   2,155
   1,856
   2,331
 
Third-party sales   $  844    $  1,146    $  1,362    $  1,900    $  5,252    $  1,702  
Intersegment sales   $  393    $  349    $  537    $  557    $  1,836    $  623  
Equity (loss) income   $  (30  )   $  4    $     $     $  (26  )   $    
Depreciation, depletion, and amortization   $  122    $  139    $  143    $  156    $  560    $  147  
Income taxes   $  (147  )   $  (119  )   $  (52  )   $  (47  )   $  (365  )   $  18  
ATOI     $  (212  )     $  (178  )     $  (8  )     $  (214  )     $  (612  )     $  123    
             
Flat-Rolled Products:              
Third-party aluminum shipments (kmt)    442     448     476     465     1,831     379  
Third-party sales   $  1,510    $  1,427    $  1,529    $  1,603    $  6,069    $  1,435  
Intersegment sales   $  26    $  23    $  34    $  30    $  113    $  46  
Depreciation, depletion, and amortization   $  52    $  55    $  60    $  60    $  227    $  59  
Income taxes   $     $  (1  )   $  17    $  32    $  48    $  18  
ATOI     $  (61  )     $  (35  )     $  10        $  37        $  (49  )     $  30    
             
Engineered Products and Solutions:              
Third-party aluminum shipments (kmt)    41     50     43     46     180     46  
Third-party sales   $  1,270    $  1,194    $  1,128    $  1,097    $  4,689    $  1,074  
Equity income   $     $     $  1    $  1    $  2    $  1  
Depreciation, depletion, and amortization   $  40    $  46    $  41    $  50    $  177    $  41  
Income taxes   $  46    $  40    $  33    $  20    $  139    $  31  
ATOI     $  95        $  88        $  75        $  57        $  315        $  81    
             
Reconciliation of ATOI to consolidated net (loss) income attributable to Alcoa:              
Total segment ATOI   $  (143  )   $  (132  )   $  142    $  (101  )   $  (234  )   $  306  
Unallocated amounts (net of tax):              
Impact of LIFO    29     39     80     87     235     (14  )  
Interest income    1     8     (1  )    4     12     3
 
Interest expense    (74  )    (75  )    (78  )    (79  )    (306  )    (77  )  
Noncontrolling interests    (10  )    5     (47  )    (9  )    (61  )    (22  )  
Corporate expense    (71  )    (70  )    (71  )    (92  )    (304  )    (67  )  
Restructuring and other charges    (46  )    (56  )    (3  )    (50  )    (155  )    (122  )  
Discontinued operations    (17  )    (142  )    4     (11  )    (166  )    (7  )  
Other        (166  )        (31  )        51           (26  )        (172  )        (201  )  
Consolidated net (loss) income attributable to Alcoa
    (497
     (454
     77
       (277
     (1,151
     (201
 

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

 
Alcoa and subsidiaries

Calculation of Financial Measures (unaudited)

(in millions)

 
Earnings before interest, taxes, depreciation,

and amortization (EBITDA)
         Quarter ended

March 31,

2010

     
Net loss attributable to Alcoa     $  (201  )  
     
Add:      
Net income attributable to noncontrolling interests      22
 
Loss from discontinued operations      7  
Provision for income taxes      84  
Other expenses, net      21  
Interest expense      118  
Restructuring and other charges      187  
Provision for depreciation, depletion, and amortization        358
   
     
EBITDA     $  596    

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.  

wenn die Alu-Preise beim Kollaps der Rohstoff-Echoblase abkacken?

---

market pulse

April 12, 2010, 4:15 p.m. EDT · Recommend · Post:
Alcoa narrows loss on higher aluminum prices
By Shawn Langlois

SAN FRANCISCO (MarketWatch) -- Alcoa Inc.(AA 14.58, -0.01, -0.07%) on Monday reported a first-quarter loss of $201 million, or 20 cents a share, vs. a loss of $497 million, or 61 cents a share, a year earlier. Excluding one-time restructuring charges, profit from continuing operations came in at 10 cents a share. Revenue rose to $4.89 billion from $4.15 billion, a year ago. Analysts polled by FactSet Research were looking for a profit, excluding items, of 11 cents a share on revenue of $5.2 billion. Alcoa shares gained 1.3% to close at $14.57 ahead of the report and have now gained 65% over the past year.  

wird wohl damit eingeleutet. Ziehe mich warm an.
Ist das auch schon der Beginn des Sommerlochs?  

für mich blebt Alcoa als halten...es wird wieder besser...laut Kleinfeldt.

Die Kuh ist vom Eis. Ich finde die Zahlen nicht schlecht. Wenn der Alluminiumpreis weiter steigt, schreibt Alcoa bald wieder schwarze Zahlen und wird von den durchgeführten Restrukturierungen, die jetzt erst einaml gekostet haben, profitieren.  

http://www.ariva.de/news/...Knapp-behauptet-Alcoa-enttaeuscht-3379655  

hat die 2500 geknackt !  

Alcoa beobachten!!!!  

AGOR AG
Alcoa
ATLANTIC LTD
Norsk Hydro

http://boerse.freenet.de/aktien/list?branche_id=47

Was sagt uns das?? Hüüüllffääää

Zukaufen? oder abwarten..."sell in Mai and go away"?  sehen wir noch die 11,XX USD oder morgen wieder nach Norden....hmmm
mfg