Novelis (NVL) Stock Gains Ground
Novelis (NYSE:NVL - News) shares gained after the company said it's on track to file its Form 10-Q for the second quarter by Oct. 20 as it set financial targets for a 2006 pre-tax loss of $240 million to $285 million and 2007 earnings before taxes of $35 million to $100 million. "We believe that we are nearing the end of a difficult transition period," the Atlanta-based aluminum company said.
posted by Stock Administrator @ 3:59 PM
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