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1426 ET 04June2009-Aluminum index advances on rise in metal price
The Dow Jones Aluminum index rallied on Thursday, after the price
of the metal rose to its highest level in more than three weeks.
Aluminum for three-month delivery on the London Metal Exchange was
trading at $1,580 per ton compared with $1,482 at the close on Wednesday.
Traders attributed the rise to a weaker dollar and a second day of decreased
inventory.
For details, see
The index rose 6.9 percent to 87.84 while Dow component Alcoa Inc ( AA - news - people )
advanced 7 percent to $10.77, Kaiser Aluminum ( KALU - news - people ) gained 6.2 percent to
$35.80 and Century Aluminum ( CENX - news - people ) was up 5.6 percent to $6.20.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1344 ET 04June2009-Travelers Cos raises 2009 operating earnings view
Travelers Cos Inc on Thursday raised its 2009 operating earnings
outlook, saying it was benefiting from the troubles of weakened competitors,
including American International Group ( AIG - news - people ).
The outlook was raised to $4.55 to $4.95 a share from a prior view of $4.50
to $4.40 a share.
For details, see
Shares of the company, which will replace Citigroup ( C - news - people ) as a Dow
component, rose 1.4 percent to $43.31.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1336 ET 04June2009-Baltic dry freight index breaks wining streak
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