this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a bad start to earnings season late today, alcoa posted a skimpy profit that was much lower than expected. the aluminum giant is the first dow component to report and, susie, investors are worried that this a is bad omen for upcoming quarterly results. susie: tom, investors were disappointed alcoa reported right after the closing bell, and the stock fell more than 3.5% following the earnings release. here s why the company earned 15 cents a share in the third quarter, up from a year ago, but seven cents below analysts estimates. alcoa blamed it on a big drop in aluminum prices and slow economic growth. revenues came in slightly ahead of estimates, up 21% to $6.4 billion. joining us now to discuss those results klaus kleinfeld, chairman and c.e.o. of alcoa. and, klaus, so nice to have you back on
report with susie gharib and tom hudson. nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. a bad start to earnings season late today, alcoa posted a skimpy profit that was much lower than expected. the aluminum giant is the first dow component to report and, susie, investors are worried that this a is bad omen for upcoming quarterly results. susie: tom, investors were disappointed alcoa reported right after the closing bell, and the stock fell more than 3.5% following the earnings release. here s why the company earned 15 cents a share in the third quarter, up from a year ago, but seven cents below analysts estimates. alcoa blamed it on a big drop in aluminum prices and slow economic growth. revenues came in slightly ahead of estimates, up 21% to $6.4 billion. joining us now to discuss those result
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. a big comeback on wall street today. stocks rallied in anticipation of president obama s speech tomorrow evening. and tom, not only are investors waiting eagerly to hear the president s plan to revive the economy, but so are people all around the world. tom: susie, it s certainly a landmark speech. the white house has already telegraphed some of what we will hear. the bottom line? the proposals aim to jump start job growth by injecting $300 billion into the economy. susie: many economists say the plan the president is expected to propose to congress would create more than half a million jobs. darren gersh reports. reporter: the biggest job creator the president will propose tomorrow is keeping cash in consumers pockets. extending the two-percentage- point reduction in payroll taxes would put 400,000 people to work next y
nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. a big comeback on wall street today. stocks rallied in anticipation of president obama s speech tomorrow evening. and tom, not only are investors waiting eagerly to hear the president s plan to revive the economy, but so are people all around the world. tom: susie, it s certainly a landmark speech. the white house has already telegraphed some of what we will hear. the bottom line? the proposals aim to jump start job growth by injecting $300 billion into the economy. susie: many economists say the plan the president is expected to propose to congress would create more than half a million jobs. darren gersh reports. reporter: the biggest job creator the president will propose tomorrow is keeping cash in consumers pockets. extending the two-percentage- point reduction in payrol
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. a big comeback on wall street today. stocks rallied in anticipation of president obama s speech tomorrow evening. and tom, not only are investors waiting eagerly to hear the president s plan to revive the economy, but so are people all around the world. tom: susie, it s certainly a landmark speech. the white house has already telegraphed some of what we will hear. the bottom line? the proposals aim to jump start job growth by injecting $300 billion into the economy. susie: many economists say the plan the president is expected to propose to congress would create more than half a million jobs. darren gersh reports. reporter: the biggest job creator the president will propose tomorrow is keeping cash in consumers pockets. extending the two-percentage- point reduction in payroll taxes would put 400,000 people to work next y