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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (14321)	12/18/2001 4:52:04 PM
From: Sully-	Read Replies (1) \| Respond to of 99280

Alcoa warns 4th-quarter profit will miss forecasts NEW YORK, Dec 18 (Reuters) - Alcoa Inc., the world's No. 1 aluminum producer, said it expects its fourth-quarter earnings to be lower than analysts expected as some customers fail to meet the terms of their contracts amid a weakening economy. Pittsburgh-based Alcoa (NYSE:AA - news) said it expects to make a profit of 10 cents a share excluding a special after-tax charge of $225 million, or 26 cents a share, for restructuring. Analysts expected the firm to post fourth-quarter earnings of between 20 cents to 37 cents per share, with a consensus of 30 cents per share, according to 15 brokers polled by Thomson Financial/First Call.