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News Summary: Alcoa Inc. posts 2Q net loss

By The Associated Press
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BY THE NUMBERS: Alcoa reported a net loss of $2 million, or break-even per share, in the second quarter. The results included one-time items of $63 million. Excluding those, Alcoa would have earned $61 million, or 6 cents per share. Revenue fell 9 percent to $5.96 billion.

PRICE WEAKNESS: Alcoa said the results stemmed from an 18 percent drop in realized aluminum prices from the second quarter of 2011.

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