Thursday's Late Winners & Losers

A number of tech stocks were mired in the red after the close Thursday, but emerging as a winner was Alcoa (AA Quote).

The Pittsburgh aluminum maker announced it will sell its packaging and consumer business, having "received strong indications from strategic buyers." The company also said it is closing in on a deal to sell its automotive castings business. The transactions should close by early 2008 and year-end, respectively.

The company also set plans to "significantly restructure" its electrical and electronic solutions business in the Americas and Europe. For all of the above, it will incur third-quarter charges totaling around $845 million. Shares traded up 0.9% to $38 in recent after-hours action. ...