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Stock Market & Financial Investment News

News Breaks
February 15, 2013
16:24 EDTLCCUS Airways' PSA Airlines and ALPA reach tentative agreement
PSA Airlines, a wholly-owned subsidiary of US Airways (LCC), announced that it has reached a tentative agreement with the Air Line Pilots Association, which represents the airline's 515 pilots. Details of the agreement will be made available by ALPA. "We are very pleased to have reached a tentative agreement with ALPA that recognizes the contribution and dedication of PSA's pilots and thank the union leadership for their support of our pilots" said Keith Houk, PSA Airlines president and CEO. "We would also like to thank the National Mediation Board and Mediator James Mackenzie for their assistance in reaching this new five-year tentative agreement." ALPA will be presenting the details of the tentative agreement to its members for a ratification vote in the coming weeks. The tentative agreement would cover the airline's 515 pilots, who are based in Dayton, Ohio; Knoxville, Tenn. and Charlotte, N.C.
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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 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 EDTLCCDelta 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
May 8, 2013
05:44 EDTLCCU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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