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Posts related to ‘CAL’

Today’s Best Market Rumors

Updated throughout the day. UAL (NASDAQ: UAUA) and Continental (NYSE: CAL) are fighting over the respective value of their companies as they attempt a merger. A class action suit brought by ...
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Media Digest 4/27/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   A new panel to address the budget deficit will start work. Reuters:   A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an "evil empire." Reuters:   The ...
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Media Digest 4/26/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Germany's ruling party is keeping pressure on Greece to restructure debt. Reuters:   The growth forecasts of the G20 do not make economic sense. Reuters:   Oil moved higher on strong ...
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Media Digest 4/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The push for a stronger yuan has been modest at the G20 meetings. Reuters:   A Goldman Sachs Group (NYSE: GS) Director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a ...
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Airlines Fly From Ash To Oil Storms (Update)

US Airways breaks off merger talks with UAL Corp.  (Updated from MarketWatch at 10.50 AM EST) The IATA, the airline industry's trade association which has over 220 members, reported that ...
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Volcano Costs To Airlines Reach $1.7 Billion, Some Carriers In Jeapordy

The cost of the Iceland volcanic eruption to airlines has reached $1.7 billion and it has risen at a rate of $400 million from April 17 to 19 period. Some ...
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Media Digest 4/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Goldmand Sachs Group, Inc (NYSE: GS) are standing behind the company. Reuters:   Chinas said the chances of the yuan rising are more likely. Reuters:   Toyota Motor (NYSE: TM) is ...
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US Airlines Losing $22 Million Per Day While European Airports Remain Closed

Robert Herbst, airline analyst and founder of AirlineFinancials.com, estimates the five US passenger airlines with European operations are collectively losing $35.8 million in revenue per day since Friday, April 16 ...
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Iceland Volcano Cloud Costs Airline Industry $200 Million A Day

From the IATA (International Air Transport Association), an estimate of what the Iceland volcano is costing the airline industry per day--$200 million. The IATA represents 220 airlines comprising 93% of ...
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Media Digest 4/16/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Fed backed "extending language" on rates. Reuters:   About 60% CDS could be cleared centrally according to experts. Reuters:   Bank of America Corporation (NYSE: BAC) and Symphony will link ...
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Top Analyst Upgrades and Downgrades (ACI, ARMH, CSIQ, CAT, CAL, ELN, EXPE, GPS, PCS, BTU, STJ, VRTX)

These are this Monday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Arch Coal Inc. (NYSE: ACI) Raised to Buy at Citigroup. ARM Holdings (NASDAQ: ARMH) ...
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Today’s Best Market Rumors (4/9/2010)

Updated throughout the day. Bain and KKR plan IPOs for Toys 'R' Us, HCA, and NXP Semi (WSJ) Twitter will redesign its homepage. (AllThingsD) Continental (CAL) may push out US Air (LCC) ...
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The Oldest Game In The Airline Industry: United And US Air May Merge

There are two opportunities for companies in the airline business to improve their prospects in troubled times. The first is bankruptcy and the other is M&A. US Air (LCC) and ...
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Winners And Losers In The Airline World

Bob Herbst of Airlinefinancials.com exclusive special to 24/7 Wall St. Winners are: #1. American (AMR) and #2. JetBlue (JBLU) Losers are: Delta (DAL) and US Airways (LCC) with notable mention to Continental (CAL) ...
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How Did The Large US Airlines Stack Up Last Year?

By Robert Herbst For 2009, the nine largest airlines accumulated just over $4 billion in net losses. 2008 wasn't much better with a $3.5 billion loss. So far, 2010 projections show a ...
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