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Alcoa Inc. (NYSE: AA) shares declined 5.43 percent to close at $10.11 a share Friday. The stock traded between $9.82 and $10.20 on volume 74.59 million shares traded. The company reported a net loss of $2.3 billion for the fourth quarter of 2013, compared to a net income of $24.0 million in the previous quarter. Shares of Alcoa have gained approximately 13.0 percent in the past year.
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Chevron Corporation (NYSE: CVX) shares declined 1.85 percent to close at $121.01 a share Friday. The stock traded between $120.37 and $122.84 on volume 5.72 million shares traded. The company announced that it expects upstream earnings for the fourth quarter 2013 to be lower than the previous quarter. Shares of Chevron have gained approximately 8.0 percent in the past year.
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Philip Morris International Inc. (NYSE: PM) shares declined 0.89 percent to close at $82.57 a share Friday. The stock traded between $82.41 and $84.05 on volume of 9.05 million shares traded. The company announced plans to invest up to €500 million into its first manufacturing facility in the European Union. Shares of Philip Morris have fallen approximately 7.0 percent in the past year.
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Tiffany & Co. (NYSE: TIF) shares declined 1.79 percent to close at $90.36 a share Friday. The stock traded between $89.70 and $93.21 on volume 2.51 million shares traded. The company announced worldwide sales were $1.03 billion for two-months ended December 31st, an increase of 4.0 percent. Shares of Tiffany & Co. have gained approximately 50.0 percent in the past year.
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