8 Hot Radar Movers: Alcoa Beats on Revenue and Consumer Credit Surges to Decade High

Shares of Alcoa Inc. (NYSE:AA) are trading .48 percent higher after reporting a fourth quarter loss of 3 cents per share, inline with estimates.  Revenue of $5.99 billion came in higher than the $5.70 billion expected.

Juniper Networks Inc. (NYSE:JNPR) are trading down 2.4 percent in late trading.  The company reduced its earnings for the fourth quarter from 32-36 cents, to 26-28 cents.  The company reports full results on January 26.

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WD-40 Co. (NASDAQ:WDFC) is attracting attention after saying fiscal first-quarter earnings dropped 25 percent due to higher input expenses.

Shares of Standard Microsystems Corp. (NASDAQ:SMSC) closed 1.5 percent lower on Monday, and continues to fall in extended trading.  The company also reduced earnings from 30 cents to a loss of 13-21 cents per share.

Credit card companies such as Visa (NYSE:V), Mastercard (NYSE:MA), Capital One (NYSE:COF) and American Express (NYSE:AXP) are happy to hear that consumer credit in November made the largest jump in a decade.  According to the Federal Reserve, consumer credit increased to $20.4 billion.

Don’t Miss: Alcoa Inc. Earnings: Margins Shrink as Costs Rise.

To contact the reporter on this story: Eric McWhinnie at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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