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Stock Market & Financial Investment News

News Breaks
September 22, 2009
05:55 EDTLCC, LCCUS Airways announces sale of 26.315M shares of common stock
US Airways Group announced the sale of 26.315M shares of its common stock to Citi, as underwriter in the public offering of those shares. The Company granted Citi an option to purchase up to an additional 3.947M shares of common stock solely to cover over-allotments, if any. Completion of the sale is subject to customary closing conditions, and the sale is expected to close on September 28.
News For LCC From The Last 14 Days
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June 18, 2013
05:52 EDTLCCFliers give U.S. airlines high marks, WSJ reports
Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released today by the American Customer Satisfaction Index. But the sector remains near the bottom of the ACSI's 43 benchmark industries, topping only subscription-TV service and Internet providers in satisfaction, reports the Wall Street Journal. Reference Link
June 11, 2013
09:27 EDTLCCExplosion 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 EDTLCCFrance's airports cut flights by 50% as EU strike expected to spread, AP reports
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06:58 EDTLCCMany flights at French airports cancelled due to strike, NY Times reports
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June 10, 2013
09:49 EDTLCCAMR Corp., US Airways announce senior leadership team for new American Airlines
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09:02 EDTLCCAMr 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
15:05 EDTLCCCourt 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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