What sort of trickery is this? Did AA just jump higher by 5% in the after-hours on an earnings beat?
The company reported earnings of 0.15, 5 cents better than estimates. Moreover, they’re forecasting improvement for the 2nd half as their new platforms ramp up.
To demonstrate their awesome business, Alcoa announced aircraft deliveries dropped by 1%, global automotive growth is expected to be 1-4% and they’re spinning off their piece of shit upstream business, who sports rolling mills in Indianapolis and Saudi ‘fucking’ Arabia. The name of the company will be Arconic and is due to come public in the second half.
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