Alcoa moves to 2Q profit on improved demand


DENVER: Alcoa Inc. said Monday it posted a second-quarter profit as it sold more aluminum in the commercial vehicles, packaging and construction markets.

The Pittsburgh manufacturing giant reported net income of $136 million, or 13 cents share, for the quarter ending June 30. That compared with a loss of $454 million, or 47 cents a share, a year ago.

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