Kirberts finance advice and news

NEW YORK - Aluminum producer Alcoa Inc on Tuesday posted a better-than-expected quarterly profit, lifting its shares, as higher aluminum prices and sales volumes offset increased costs.

NEW YORK - Another closely watched United States advertising forecast was cut on Tuesday, the second in as many weeks, in a signal that the industry has begun to buckle under the weight of a slumping economy.

NEW YORK (AP) — Wall Street finished sharply higher Tuesday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150 points, and all the major indexes were up more than 1 percent….

NEW YORK - Two currency traders pleaded guilty on Tuesday to defrauding investors, admitting their firm engaged in almost no trading and that they misappropriated money from investors and used it to purchase luxury homes and cars, federal prosecutors has said.

WASHINGTON (AP) — Barack Obama says John McCain’s plan to balance the budget doesn’t add up. Easy for him to say: It’s not a goal he’s even trying to reach….

ST. LOUIS (AP) — Anheuser-Busch claims that Belgian brewer InBev’s unsolicited takeover bid isn’t just bad for the bottom line, but is an “illegal scheme” that threatens to defraud Anheuser-Busch shareholders if a federal judge doesn’t step in….

NEW YORK - Stocks rose in another turbulent session on Tuesday as a pullback in oil prices eased worries about consumer and business spending, while financial shares gained after the Fed chairman has said he may keep open a lifeline for banks.

NEW YORK (AP) — Wall Street finished sharply higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150 points….