Alcoa, the world's largest aluminum company, this week slashed its growth forecast and suspended its stock repurchasing program, battening down the hatches as the global credit crunch continues to hurt demand. My feeling is that aluminum is the canary in the coal mine and is foretelling tough times...
Posted to
Pocket.info - Mobile 2.0
by
GigaOM » Mobile
on
10-08-2008
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Filed under: Apple, Nokia, Mobile, Featured, Web, aluminum, Hardware, STMicroelectronics, Freescale, Infineon, Semiconductors, credit crunch, canary in the coal mine, Alcoa