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Added on 04/09/06
When to watch: Tuesday, April 11. These days, the concept of a corporation filling its chief executive slot with a long-time "company man" just seems so passé. But shareholders of Alcoa (nyse: AA - news - people ) are probably glad the top aluminum...
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When to watch: Tuesday, April 11. These days, the concept of a corporation filling its chief executive slot with a long-time "company man" just seems so passé. But shareholders of Alcoa (nyse: AA - news - people ) are probably glad the top aluminum producer did just that. The world's biggest aluminum maker, already coming off record revenue of $26.2 billion for 2005, is expected to announce a first-quarter 2006 profit of 51 cents per share when it reports on Monday, up 27% from a year ago. Higher aluminum prices and--what else is new?--growing demand in China have helped push sales upward in recent months. Alain Belda, now 62, took the CEO mantle from Paul O'Neill five years ago, after O'Neill stepped down to become President George W. Bush's first Treasury secretary. For Belda, the promotion was the culmination of a 32-year run at the company, mostly in finance and planning. Belda got his start in Alcoa's Brazil operation in 1969. Known to speak five languages, his primary strength is... See less
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AMD shares have slipped by 17% to around $35 from a five-year high in early February.