Showing posts with label writedowns. Show all posts
Showing posts with label writedowns. Show all posts

Thursday, January 9, 2014

Alcoa posts $2.3 billion 4Q loss on write-downs

Alcoa posts $2.3 billion 4Q loss on write-downs

DALLAS (AP) — Alcoa Inc. reported a $ 2.34 billion fourth-quarter loss on Thursday as low aluminum prices caused it to write down the value of acquisitions made more than a decade ago.
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