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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:11 EDTAAMRQAMR Corp. says recent operational disruption hurt October revenue by $45M
AMR's results for October reflect the fact that its recent operational disruption had an estimated unfavorable impact on revenue of approximately $45M, the company disclosed in a filing.
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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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