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News Breaks | | | | February 27, 2013 | | 07:37 EDT |  | AAMRQ, LCC | AMR, US Airways face few tough questions from lawmakers, Reuters reports
Executives from American Airlines (AAMRQ) and US Airways Group (LCC) faced few tough questions from Comgess about their planned merger, with some expressing concern about losing hubs in their districts, reports Reuters. US Airways Executive VP Stephen Johnson and American Airlines General Counsel Gary Kennedy defended the proposed $11B transaction, saying the companies had largely complementary networks, so little competition would be lost. The Justice Department's Antitrust Division will review the deal to ensure it complies with antitrust law. Congress has no formal role in that process. Reference Link | |
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News For AAMRQ;LCC From The Last 14 Days Check below for free stories on AAMRQ;LCC the last two weeks. |
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| May 24, 2013 | | 16:58 EDT | | AAMRQ, LCC | Outgoing AMR Corp. CEO's pay opposed by DoJ, Reuters says
AMR Corp.'s (AAMRQ) outgoing CEO Tom Horton's severance pay of nearly $20M allotted as part of the company's plan to emerge from bankruptcy and merge with US Airways (LCC) is being opposed by the Department of Justice, which says the deal violates bankruptcy law, reports Reuters. Reference Link | | | May 17, 2013 | | 05:59 EDT |  | LCC | Stocks with implied volatility movement; FXI LCC
Stocks with implied volatility movement; iShares Trust FTSE/Xinhua China 25 Fund (FXI), US Airways (LCC) according to IVolatility. | | | May 16, 2013 | | 08:28 EDT | | AAMRQ | EU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link | | | May 15, 2013 | | 17:03 EDT |  | LCC | Soros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). | | | May 14, 2013 | | 07:17 EDT |  | LCC | BofA/Merrill to host a conference
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