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Alcoa earnings

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Second quarter earnings are up for Alcoa.

The aluminum manufacturer has reported double digit increases in sales to the packaging, construction and transportation industries.

The first Dow component to report results this corporate earnings season, it posted earnings that matched estimates, while revenue exceeded forecasts.

It’s also sold more to customers in the aerospace and automotive businesses.

The aluminum producer’s shares finished down 20 cents, or 1.3%, at $15.71 on Tuesday.