Resource

Aluminum – Bloomberg reported that according to the Tiberius Group, aluminum prices will most likely drop after investors begin to unwind financing deals overshadowing most of London Metal Exchange stockpiles.

Aluminum – MSNBC reported that Reliance Steel & Aluminum Co.'s (NYSE:RS) third-quarter profit surged 74 percent due to rise in steel volumes as well as prices.

Aluminum – Zacks analyzed the top five companies in the aluminum imarket as measured by beta.

Aluminum – Bloomberg reported that LME monitored aluminum stockpiles will most likely gain in the fourth quarter after the financing deals are extended.

Aluminum – Business Week reported that Alcoa Inc. (NYSE:AA) and the Saudi Arabian mining company Ma'aden (SAU:1211) announced that their $10.8 billion aluminum joint venture signed financing agreements worth nearly a billion dollars.

Aluminum – Reuters reported that Rio Tinto (NYSE:RIO) plans to sell off roughly a third of its business in Aluminum, most of which was acquired in the merger with Canada’s Alcan in July 2007.

Aluminum – Reuters reported that Alcoa's (NYSE:AA) chief executive has blamed short-selling for a big fall in the price of Aluminum and with it the company's share price.

Aluminum – Bloomberg reported that according to Novelis Inc., Aluminum demand may climb by 8 percent to 10 percent annually over the next three to five years.

Aluminum – Bloomberg reported that Alcoa Inc., (NYSE:AA) announced earnings for this quarter and posted profit that trailed analysts' estimates, saying European customers “dramatically” cut orders on economic uncertainty.

Aluminum – Business Week reported Alcoa Inc. (NYSE:AA) surged after the price of aluminum rose the most in 10 months in London trading.