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Stock Market & Financial Investment News

News Breaks
June 11, 2012
12:06 EDTLFL, TAMBrazilian 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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November 14, 2014
17:27 EDTTAMPaulson & Co. gives quarterly update on stakes
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November 10, 2014
08:26 EDTLFLLATAM Airlines reports Oct. system passenger traffic up 3%
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