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EARNINGS: alcoa


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#1 fluid

fluid

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Posted 09 October 2013 - 09:12 AM

Seem to be the patchy??? Former Dow component Alcoa rallied after the aluminum maker beat quarterly expectations and affirmed its 2013 global aluminum demand growth forecast of 7 percent. Meanwhile, Yum Brands tumbled after the parent company of KFC and Pizza Hut missed forecasts and said it expects full-year earnings declining at a high-single digit to a low double-digit rate. Family Dollar posted earnings that edged past expectations, but shares slumped after the discount retailer said it was taking a cautious approach to 2014. And same-store sales were flat in the fourth quarter, missing the company's July forecast for an increase of about 2 percent. Rivals Dollar Tree and Dollar General also ticked lower.