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Article: Fitch Solutions: Uncertainty of Recovery Driving Alcoa's Liquidity.
- Article from:
- Business Wire
- Article date:
- October 6, 2009
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NEW YORK & LONDON -- Increased uncertainty in the timing of the economic recovery is showing up in the rising liquidity score of one of the leading basic resources companies, according to Fitch Solutions in its latest update on Global CDS Spreads/Liquidity Scores for companies scheduled to come out with earnings announcements in the coming week.
"Alcoa's rising liquidity is reflective of uncertainty in future demand from the auto and aerospace sectors, which has been exacerbated by high levels of global exchange aluminium inventories," said Author and Managing Director Thomas Aubrey.
North America:
ALCOA Inc. (BASIC MATERIALS/Industrial Metals)