International Business News - AA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The number of global metals industry deals remained steady in the first half of 2008, but their overall value declined as attractive takeover targets became scarcer following consolidation, according to a study released Tuesday. http://www.ibtimes.com/articles/20080805/study-metals-industry-deals-fall-in-total-value.htm Tue, 05 Aug 2008 11:46:26 EDT Industrial conglomerate Siemens AG said Wednesday that its third-quarter profit fell 31 percent from the same period a year ago, but was buoyed by better orders for power plants. http://www.ibtimes.com/data/articleimgs/100459-germany-siemens-scandal.jpg http://www.ibtimes.com/articles/20080730/siemens-sees-third-quarter-profit-slip-31-percent.htm http://www.ibtimes.com/articles/20080730/siemens-sees-third-quarter-profit-slip-31-percent.htm Wed, 30 Jul 2008 13:24:36 EDT Americans look for ray of hope in economic gloom NEW YORK (AP)--A private research group says that Americans remain the most pessimistic about the economy since the tail end of the last prolonged recession 16 years ago. http://www.ibtimes.com/articles/20080729/business-highlights.htm Tue, 29 Jul 2008 19:13:50 EDT Siemens AG said Tuesday it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption scandal that has cost the company millions in fines and damaged its reputation. http://www.ibtimes.com/articles/20080729/siemens-seeks-damages-from-ex-executives.htm Tue, 29 Jul 2008 18:00:39 EDT Aluminum producer Alcoa Inc. said Monday it has received official notice from Highfields Capital Management of its intention to acquire up to 8 percent of the company's common shares. http://www.ibtimes.com/articles/20080728/highfields-intends-to-acquire-8-percent-of-alcoa.htm Mon, 28 Jul 2008 16:15:09 EDT Suriname wants to create a state-owned aluminum company and obtain more revenue from its thriving bauxite industry. The natural resources minister of the South American country says officials will talk about details this week. An estimated cost was not released. http://www.ibtimes.com/articles/20080715/suriname-seeks-to-build-aluminum-company.htm Tue, 15 Jul 2008 15:52:56 EDT Aluminum producer Alcoa Inc. said Tuesday it secured hydropower from a public utility in Washington state to power its aluminum smelter through 2028. The new 17-year contract, which begins in 2011, will provide enough energy to enable the startup of a third potline at the smelter in 2012, the Pittsburgh-based company said. Financial terms weren't disclosed. http://www.ibtimes.com/articles/20080715/alcoa-signs-17-year-deal-with-wash-public-utility.htm Tue, 15 Jul 2008 12:13:37 EDT Investors already disheartened about the growing problems of the financial sector and the soaring price of oil are facing more depressing news with the release of second-quarter earnings reports. http://www.ibtimes.com/data/articleimgs/89958-wall-street.jpg http://www.ibtimes.com/articles/20080712/investors-set-for-another-tough-earnings-season.htm http://www.ibtimes.com/articles/20080712/investors-set-for-another-tough-earnings-season.htm Sat, 12 Jul 2008 01:42:26 EDT Investors already disheartened about the growing problems of the financial sector and the soaring price of oil are facing more depressing news with the release of second-quarter earnings reports. http://www.ibtimes.com/articles/20080711/investors-set-for-another-tough-earnings-season.htm Fri, 11 Jul 2008 17:05:48 EDT Aluminum producer Alcoa Inc. said Friday it plans to cut more than 1,200 jobs in Mexico and Honduras because of weak demand from the North American auto market. http://www.ibtimes.com/articles/20080711/alcoa-to-cut-1-200-jobs-in-mexico-and-honduras.htm Fri, 11 Jul 2008 17:07:03 EDT Shares of Alcoa Inc. rose on Thursday and took the largest gain on the Dow Jones industrial average. Alcoa jumped after Chinese smelters cut their aluminum output. Shares rose $3.06, or 9.7 percent, to $34.60. http://www.ibtimes.com/articles/20080710/djia-leaders-laggards-aa-aig.htm Thu, 10 Jul 2008 17:17:28 EDT Alcoa Inc. stock climbed Thursday, and took the largest midday gain on the Dow Jones industrial average on the second day trading after the aluminum producer reported its second-quarter results. http://www.ibtimes.com/articles/20080710/midday-leaders-laggards-djia.htm Thu, 10 Jul 2008 12:39:31 EDT Shares of Rohm & Haas Co. rose by nearly two thirds by midday Thursday after the chemical maker Dow Chemical Co. agreed to buy its rival for a hefty premium, helping to lift the Standard & Poor's 500 Index. http://www.ibtimes.com/articles/20080710/midday-leaders-laggards-s-p-500.htm Thu, 10 Jul 2008 12:15:24 EDT Shares of for-profit education companies traded sideways on Wednesday and followed the broader market lower on rising oil prices and weakness in the financial sector. http://www.ibtimes.com/articles/20080709/closing-glance-education-stocks.htm Wed, 09 Jul 2008 16:12:34 EDT Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080709/alcoa-sealy-cisco-mbia-among-big-movers.htm Wed, 09 Jul 2008 17:16:34 EDT The Standard & Poor's 500 Index lacked direction on Wednesday, as oil prices ticked higher and the market responded to the beginning of second-quarter earnings season, with aluminum maker Alcoa Inc. posting better-than-expected results. http://www.ibtimes.com/articles/20080709/midday-leaders-laggards-s-p-500.htm Wed, 09 Jul 2008 12:40:05 EDT Shares of potash companies bucked the trend on Wall Street and rose as an analyst forecast gains from strong demand and limited supply of the fertilizer. http://www.ibtimes.com/articles/20080709/opening-glance-potash-companies.htm Wed, 09 Jul 2008 10:47:28 EDT Household durables stocks were mixed Wednesday morning as Wall Street digested better-than-expected quarterly profits from Alcoa Inc., which traditionally ushers in earnings season, and oil prices rose. http://www.ibtimes.com/articles/20080709/opening-glance-shares-of-household-durables-mixed.htm Wed, 09 Jul 2008 10:36:35 EDT Shares of specialty retailers mainly fell in early trading Wednesday as investors nervously watched oil prices climb $1 a barrel after dropping more than $9 a barrel over the last two days. http://www.ibtimes.com/articles/20080709/opening-glance-specialty-retail-mainly-falls.htm Wed, 09 Jul 2008 10:31:07 EDT Commercial bank stocks were mixed Wednesday morning as Wall Street reviewed better-than-expected quarterly profits from Alcoa Inc., which traditionally starts earnings season. http://www.ibtimes.com/articles/20080709/opening-glance-shares-of-commercial-banks-mixed.htm Wed, 09 Jul 2008 10:24:26 EDT