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January 14, 2013
19:30 EDTUAL, AAMRQRTA accuses American, United of dodging nearly $300M in taxes
The Regional Transportation Authority is alleging that United Airlines (UAL) and American Airlines (AAMRQ) operate sham offices in Sycamore, Ill. that they use to avoid paying higher taxes from their offices in Chicago. These small, part-time offices are rarely occupied and, in at least one case, donít appear to even have a computer, but both companies claim they purchase their jet fuel, one of their largest expenses, from those offices, the RTA said. The suit, filed today in the Circuit Court of Cook County, alleges that these dodged taxes total nearly $300M over the last seven years. Reference Link
News For AAMRQ;UAL From The Last 14 Days
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November 25, 2015
12:32 EDTUALUnited to offer pilots 13% pay increase in 2016, Bloomberg reports
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November 20, 2015
18:52 EDTUALUnited Continental, ALPA reach agreement in principle to extend pilot contract
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November 16, 2015
17:10 EDTUALSoros took stake in Paypal, liquidated Herbalife stake
Soros Fund Management gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: Paypal (PYPL), CIT Group (CIT), Schlumberger (SLB), Kraft Heinz (KHC), and Amazon (AMZN). INCREASED STAKES: Allergan (AGN), Lions Gate (LGF), Energen (EGN), Southwest Airlines (LUV), and Qunar Cayman Islands (QUNR). DECREASED STAKES: LyondellBasell (LYB), YPF (YPF), Time Warner Cable (TWC), Dow Chemical (DOW), and Monsanto (MON). LIQUIDATED STAKES: Herbalife (HLF), Lennar (LEN), DR Horton (DHI), United Continental (UAL), and Nice Systems (NICE).

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