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Stock Market & Financial Investment News

News Breaks
March 19, 2013
07:25 EDTAAMRQ, LCCAMR, US Airways deal unlikely to be delayed by severance dispute, FT reports
A proposed dispute over a severance payment to outgoing AMR (AAMRQ) CEO Tom Horton threatens to delay closure of the company's merger with US Airways (LCC), though the Financial Times says this appears unlikely at this time. Reference Link
News For AAMRQ;LCC From The Last 14 Days
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June 11, 2013
09:27 EDTLCC, AAMRQExplosion in maintenance shed at Atlanta airport, AJC reports
An explosion in a maintenance shed knocked out power and prompted an evacuation of part of Hartsfield-Jackson International Airport, The Atlanta Journal-Constitution reported. Reference Link
08:01 EDTLCC, AAMRQFrance's airports cut flights by 50% as EU strike expected to spread, AP reports
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06:58 EDTAAMRQ, LCCMany flights at French airports cancelled due to strike, NY Times reports
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05:58 EDTAAMRQEU regulators to approve Delta, Virgin deal, Reuters reports
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June 10, 2013
09:49 EDTAAMRQ, LCCAMR Corp., US Airways announce senior leadership team for new American Airlines
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09:02 EDTLCC, AAMRQAMr Corp., US Airways announce senior leadership team for New American Airlines
As previously announced, Tom Horton will serve as Chairman of the Board of the new American Airlines. Doug Parker will serve as CEO and a member of the board. American Airlines and US Airways also noted that Dan Garton will step down as President and Chief Executive Officer of American Eagle Airlines later this year. A successor will be named prior to Garton's departure.
June 7, 2013
17:06 EDTAAMRQAMR Corp. reports May consolidated load factor 84%
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15:05 EDTLCC, AAMRQCourt enters order approving AMR Corp. disclosure statement
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June 5, 2013
10:07 EDTLCCOn The Fly: Analyst Downgrade Summary
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09:25 EDTLCCOn The Fly: Pre-market Movers
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08:01 EDTLCCUS Airways announces May traffic results
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07:26 EDTLCCUS Airways downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded US Airways based on lower estimates for AMR results, high Street expectations, and likely further softness in bookings. Price target lowered to $16 from $17.

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