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Stock Market & Financial Investment News

News Breaks
June 11, 2012
12:06 EDTTAM, LFLBrazilian airlines TAM falls ahead of auction, merger with Chile's LAN
Brazil's TAM Airlines (TAM) is sliding ahead of an auction for its shares scheduled to be held tomorrow morning at 9 am ET. The auction is part of the process of a merger between TAM and Chilean airlines LAN (LFL). The auction comes after an exchange offer for TAM's shares was launched on May 10. The exchange offer is slated to end today at 5 pm ET. In late morning trading, TAM slid $1.09, or 4.94%, to $20.97, while Lan added 11c to $25.52.
News For TAM;LFL From The Last 14 Days
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December 19, 2014
10:17 EDTLFLOn The Fly: Analyst Downgrade Summary
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06:57 EDTLFLLATAM Airlines downgraded to Neutral from Outperform at Credit Suisse
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December 9, 2014
10:23 EDTLFLOn The Fly: Analyst Downgrade Summary
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07:59 EDTLFLLATAM Airlines downgraded to Underperform from Neutral at BofA/Merrill
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