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Alaska sold off shares in Century Aluminum, a company that fell short of earnings expectations.
The State of Alaska Department of Revenue reduced its holdings in Century Aluminum Company (CENX) by 2.3% in the first quarter, selling off shares worth $534,000.
Century Aluminum reported $0.28 earnings per share for the latest quarter, missing analyst expectations.
The company, which makes aluminum products in the U.S. and Iceland, has a market cap of $1.68 billion.
Analysts predict a 2.76 EPS for the current fiscal year.
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Alaska vendió las acciones de Century Aluminum, una compañía que no cumplió con las expectativas de ganancias.