NEW YORK, April 7 (Reuters) - Shares of Alcoa Inc were off 2.4 percent to $7.60 after the bell on Tuesday, reversing earlier gains after falling global demand and metal prices caused the aluminum producer to report a second consecutive quarterly loss.
Alcoa's shares came off gains as Chief Executive Klaus Kleinfeld said he believed the current economic stimulus packages would lead to a surge in aluminum demand.
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Alcoa's shares came off gains as Chief Executive Klaus Kleinfeld said he believed the current economic stimulus packages would lead to a surge in aluminum demand.
For details, see. Keywords: MARKETS STOCKS AFTERTHEBELL (Wall Street Newsdesk Telephone: +1 646-223-6110) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.