BUSINESS

Alcoa First Quarter Loss Expected, Shares Fall

05/08/2009 05:12 am 05:12:01 | Updated May 25, 2011

NEW YORK (Reuters) -- Alcoa Inc (AA.N) shares fell on Tuesday, hours before the aluminum producer was scheduled to report what was expected to be a second consecutive quarterly loss.

The anticipation of a first-quarter Alcoa loss, combined with record high aluminum inventories reported by the London Metal Exchange, also sent other aluminum company shares down.

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