SOURCE: Five Star Equities

Five Star Equities

September 10, 2012 08:20 ET

Alcoa and Owens-Illinois Shares Surge as S&P 500 Index Hits Four Year High

Five Star Equities Provides Stock Research on Alcoa and Owens-Illinois

NEW YORK, NY--(Marketwire - Sep 10, 2012) - The S&P 500 Index rallied to its highest level in over four years on strong signs of improvement in the U.S. labor market and as the European Central Bank released details on a new bond-buying program. ADP Employer Services reported that private employers added 201,000 jobs in August, exceeding the 140,000 predicted by analysts. Five Star Equities examines the outlook for companies in the S&P 500 and provides equity research on Alcoa Inc. (NYSE: AA) and Owens-Illinois, Inc. (NYSE: OI).

Access to the full company reports can be found at:
www.FiveStarEquities.com/AA
www.FiveStarEquities.com/OI

ECB president Mario Draghi stated that policy makers had agreed to a potential unlimited bond-buying program in attempts to regain control of interest rates. Draghi stated that the ECB has a "fully effective backstop to avoid destructive scenarios with potentially severe challenges for price stability."

"It's definitely giving more comfort to the market. It was what the market was looking for, and we can see that the yields on Italian, Spanish and Portuguese bonds have already come down," said Rex Macey, CIO of Wilmington Trust Investment Advisors.

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Alcoa is the world's leading producer of primary and fabricated aluminum, as well as the world's largest miner of bauxite and refiner of alumina. The company recently reported that it is now the sole owner of Evermore Recycling, the undisputed leader in used beverage can (UBC) recycling.

Owens-Illinois is the world's largest glass container manufacturer and preferred partner for many of the world's leading food and beverage brands. The company reported revenues of $7.4 billion in 2011. Shares of Owens-Illinois surged nearly 9 percent last Thursday after new CFO Stephen Bramlage reaffirmed the company's third-quarter outlook at an investor conference.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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