NEW YORK, Oct 12- Small- and mid-capitalization stocks fell o n Friday and underperformed larger caps, with shares of LSB Industries falling after it warned on third-quarter results. Earnings in the large-cap arena began this week with results from Alcoa after the bell on Tuesday.
BRUSSELS, Oct 12- China has expressed concerns about a potential EU investigation of telecom equipment makers Huawei and ZTE Corp over illegal subsidies, a European Commission official said on Friday.
*Moody's says alcoa's weak third quarter 2012 performance is credit negative.
*UBS cuts Alcoa Inc price target to $9.5 from $10.25; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK, Oct 10- U.S. stocks extended their decline on Wednesday, with the Dow industrials briefly down 1 percent, weighed by a sharp retreat in shares of Chevron and Alcoa. The Dow Jones industrial average fell 125.20 points, or 0.93 percent, to 13,348.33. The S&P 500 lost 9.04 points, or 0.63 percent, to 1,432.44.
NEW YORK, Oct 10- Small and midcapitalization stocks slipped on Wednesday, dragged down by the latest warnings from companies including Avnet Inc as U.S. third-quarter earnings reports got under way. The reporting period began with results from Dow component Alcoa after Tuesday's stock market close.
*Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks dipped on Wednesday as earnings season began with Alcoa forecasting slower demand for aluminum, while a profit warning from Chevron weighed on the energy sector.
*Bofa reinstates coverage on Ericsson with underperform rating;. *Bofa reinstates coverage on Alcatel Lucent SA with underperform. *Bofa reinstates coverage on Nokia Oyj with underperform rating;.
NEW YORK, Oct 10- U.S. stocks opened flat on Wednesday as earnings season began mixed, with Alcoa Inc warning on slowing aluminum consumption but Yum Brands raising its outlook. The Dow Jones industrial average was down 19.35 points, or 0.14 percent, at 13,454.18. The Nasdaq Composite Index was down 1.06 points, or 0.03 percent, at 3,063.96.
*Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks were set for a slightly lower open on Wednesday as earnings season started with a warning from Alcoa about slower aluminum consumption, underscoring concerns about sluggish worldwide growth.
*Alcoa beats expectations but cautions of slowdown. NEW YORK, Oct 10- U.S. stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. Alcoa shares lost 0.7 percent to $9.07 in.
*Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook.
BRUSSELS, Oct 9- The European Commission has delayed a trade case against two Chinese telecom equipment makers also under scrutiny in the United States, easing tensions between the European Union and its second-biggest trading partner.
*Nomura cuts Alcoa Inc target price to $9 from $12; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
OTTAWA, Oct 9- Canada indicated strongly on Tuesday it would exclude Chinese telecom equipment giant Huawei Technologies Co Ltd from helping to build a secure Canadian government communications network because of possible security risks.
OTTAWA, Oct 9- Canada indicated strongly on Tuesday it would exclude Chinese telecom equipment giant Huawei Technologies Co Ltd from helping to build a secure Canadian government communications network because of possible security risks.
Oct 9- Stronger demand for aluminum products from airplane and automobile producers helped Alcoa Inc's third-quarter profit beat Wall Street's expectations, offsetting weak aluminum prices and worries about China's slumping economy.
Oct 9- Aluminum producer Alcoa Inc's third-quarter results beat Wall Street estimates as its downstream businesses offset weak aluminum prices and demand for the metal. Alcoa's stock rose 6 cents to $9.19 in after-hours trading on the New York Stock Exchange.
Oct 9- Aluminum producer Alcoa Inc's third-quarter results beat Wall Street estimates as its downstream businesses offset weak aluminum prices and demand for the metal. Alcoa's stock rose 7 cents to $9.20 in after-hours trading on the New York Stock Exchange.
The net loss was $143 million, or 13 cents per share, compared with a profit of $172 million, or 15 cents per share, in the same quarter last year, the Pittsburgh- based company said on Tuesday.