Page 18 - Stan Collender News Today : Breaking News, Live Updates & Top Stories | Vimarsana

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. solid quarterly earnings from alcoa tonight and an upbeat forecast from the aluminum giant. tom, alcoa is the first dow component to report, kicking off the corporate earnings season. >> tom: susie, it reported right after the closing bell. some good numbers. alcoa earned 28 cents a share, a penny better than estimates. up solidly from a year ago. revenues jumped 22% to about $6 billion, but that was slightly below estimates. that rev...

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. solid quarterly earnings from alcoa tonight and an upbeat forecast from the aluminum giant. tom, alcoa is the first dow component to report, kicking off the corporate earnings season. >> tom: susie, it reported right after the closing bell. some good numbers. alcoa earned 28 cents a share, a penny better than estimates. up solidly from a year ago. revenues jumped 22% to about $6 billion, but that was slightly below estimates. that rev...

500 lost nearly 3%. big board specialist jonathan corpina says equity investors are reacting to fear of the unknown. >> if we're going to see oil prices move higher, it's because there's uncertainty in the middle east. and, when there's uncertainty in the middle east that can reflect to uncertainty globally and any type of uncertainty, investors pull their money to the sidelines. >> reporter: in the summer of 2008, when crude prices surged to a record $150 a barrel the s&p 500 plummeted. from july through december, the index plunged nearly 30%. clearly much of the decline was due to ...

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening, everyone. february was an up month for stocks and oil prices. all of the major stock averages rose about 3%, the third straight month in the black despite the spike we've seen in oil. >> tom: susie, investors were relieved that crude prices pulled back today from their recent highs. in fact in new york trading, april crude futures fell about $1 to $96.97. but for the past month, they jumped more than 5%. >> susie: and now there are new concern...

this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening, everyone. february was an up month for stocks and oil prices. all of the major stock averages rose about 3%, the third straight month in the black despite the spike we've seen in oil. >> tom: susie, investors were relieved that crude prices pulled back today from their recent highs. in fact in new york trading, april crude futures fell about $1 to $96.97. but for the past month, they jumped more than 5%. >> susie: and now there are new concern...