(Reuters) - Alcoa, the world's largest aluminum company, said late on Tuesday profit beat Wall Street estimates, sending its shares up 1.7 percent to $35.50 in after-hours trading. The shares were trading higher in Europe on Wednesday. For details, see [ID:nN10420894].
In other company news, Citigroup Inc. said on Wednesday said it will eliminate 17,000 jobs as part of a broad restructuring plan designed to cut costs and bolster a long underperforming stock price.
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