Archive for May 3rd, 2011

The Alcoa Buyout Rumors (AA)

Alcoa, Inc. (NYSE: AA) is up today on buyout rumors, but there are some concerns that these may be overblown. Rio Tinto is the supposed bidder here… Shares have already doubled normal trading volume and then some with over 52 million shares traded as of 1:10 PM EST versus an average volume of about 25 [...]