Alcoa sees brighter 2013, but remains cautious

(Reuters) - Alcoa Inc , the largest aluminum producer in the U.S., expressed cautious optimism that demand for the metal will continue to grow in 2013, helped in part by global growth in the aerospace and construction markets.The company posted a fourth-quarter profit on Tuesday, in line with Wall Street expectations, and handily beat expectations on revenue, helping calm investors' nerves after...

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Alcoa earnings as expected, revenue tops forecasts

NEW YORK (AP) -- Alcoa Inc. on Tuesday reported fourth-quarter earnings that met Wall Street's expectations, and the company said it expects slightly higher demand for aluminum this year.The sluggish global economy has weakened prices for aluminum used in everything from airplanes to soda cans.But Alcoa forecast demand growing 7 percent in 2013, up from a 6 percent gain in 2012. It sees the best...

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Golf-Rose, Dufner, Olazabal add more stardust to Qatar Masters

Jan 8 (Reuters) - Twice U.S. Masters champion Jose Maria Olazabal, Briton Justin Rose and American Jason Dufner will join several other big names at this month's Qatar Masters, organisers said on Tuesday.World number four Rose and ninth-ranked Dufner join former world number one Martin Kaymer and Ryder Cup teammates Sergio Garcia and Paul Lawrie, who announced on Monday they would play in the $2.5...

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Rose, Dufner, Olazabal add more stardust to Qatar Masters

(Reuters) - Twice U.S. Masters champion Jose Maria Olazabal, Briton Justin Rose and American Jason Dufner will join several other big names at this month's Qatar Masters, organizers said on Tuesday.World number four Rose and ninth-ranked Dufner join former world number one Martin Kaymer and Ryder Cup teammates Sergio Garcia and Paul Lawrie, who announced on Monday they would play in the $2.5 million...

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European events as strong as any in world: Tour chief

(Reuters) - Europe's economic plight has not affected the continent's premier golf circuit and the tour still has some of the best events in the world, chief executive George O'Grady said on Tuesday.The European Tour is increasingly spreading its wings beyond Europe to the Far East in terms of venues and O'Grady is full of optimism for this season despite the move to the U.S. PGA Tour of top performers...

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Veteran broker departures shift $133 billion client assets in 2012

NEW YORK (Reuters) - Brokerages saw top advisers depart in droves last year and shift $132.5 billion in client assets with them, a Reuters tally shows, creating headaches for some Wall Street banks at a time when wealth management is becoming an increasingly important part of business.Unprecedented signing bonuses, cultural changes linked to acquisitions, a push to cross-sell company products, and...

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Global shares, oil dip, but growth prospects limit falls

 World stocks and oil prices eased on Monday ending a new year rally as some investors chose to book profits, but signs of a brightening global economic growth outlook limited the falls.Wall Street looked to set to follow a similar path after the benchmark Standard & Poor's index surged to a five-year high on Friday when data showed employers kept up a steady pace of hiring in December and...

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