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Stock Market & Financial Investment News

News Breaks
September 17, 2012
17:49 EDTAAMRQAMR Corp. cuts September-October U.S. capacity by 3.5%, Bloomberg says
American says cuts being made on pilot retirements, sick calls and maintenance issues, says Bloomberg, citing an interview with a company spokesperson.
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May 24, 2013
16:58 EDTAAMRQOutgoing 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 16, 2013
08:28 EDTAAMRQEU 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

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