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Stock Market & Financial Investment News

News Breaks
December 7, 2012
14:32 EDTLCC, AAMRQUS Airways said to offer AMR creditors merger offer, WSJ reports
US Airways (LCC) sent a merger proposal to the creditors of AMR Corp. (AAMRQ), the parent of American Airlines, that suggests US Airways CEO Doug Parker head a combined airline worth more than $8B, according to a Wall Street Journal report that cites people close to the discussions. The union representing AMR pilots also approved a new labor contract, and American is still pursuing efforts to emerge from bankruptcy as an independent airline, though sources cited for the Journal's report expect discussions between AMR, US Airways, and its creditors to continue into next year. Reference Link
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May 17, 2013
05:59 EDTLCCStocks 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 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
May 15, 2013
17:03 EDTLCCSoros 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 EDTLCCBofA/Merrill to host a conference
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May 10, 2013
06:47 EDTAAMRQ, LCCDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link

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