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Posts related to ‘LCC’

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Antitrust Concerns over U.S. Airways and AMR Merger

Federal approval of the potential merger between U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR likely will hinge on what the carriers are willing to give up. Antitrust experts believe ...
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What’s Important in the Financial World (2/13/2012)

Mobile Phone Sales The growth of mobile phone sales, so hot for so long, has cooled. Research firm Gartner reports that sales of these devices fell 1.7% to 1.75 billion ...
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Media Digest (2/12/2013) Reuters, WSJ, NYT, FT

Barclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request ...
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U.S. Airways, American Airlines Deal on Tap

An $11 billion merger between bankrupt AMR Corp., parent of American Airlines, and U.S. Airways Group Inc. (NYSE: LCC) could be concluded as early as this week, according to sources ...
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Media Digest (2/11/2013) Reuters, WSJ, NYT, FT, Bloomberg

Germany continues to battle France over the use of stimulus to help jump-start the EU economy. (Reuters) U.S. Airways Group Inc. (NYSE: LCC) and AMR probably will close an $11 billion ...
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What Nemo Storm Worries? Airlines Challenging 52-Week Highs Even With Over 4,000 Flights Cancelled

Do winter storms really need to be named storms? In all honesty, this is something that from the eyes and ears of a financial news analyst looks and sounds a ...
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Media Digest (2/8/2013) Reuters, WSJ, NYT, FT, Bloomberg

Southeastern Asset Management, Dell's (NASDAQ: DELL) largest shareholder, is unhappy with the price of the LBO. (Reuters) The Boeing Co. (NYSE: BA) 787 has been approved for test flights. (Reuters) ...
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U.S. Airways, American Airlines and Poor Customer Service

Airline mergers are messy for employees, aircraft builders, airports and especially customers. The likely merger of U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR, parent of American Airlines, will ...
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Media Digest (2/7/2013) Reuters, WSJ, NYT, FT, Bloomberg

Brief government spending cuts brought on by disagreements in Congress could badly hurt the economy. (Reuters) Earnings at Time Warner Inc. (NYSE: TWX) and News Corp. (NASDAQ: NWSA) are fueled ...
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Airlines Charging the Highest Fees

The U.S. airline industry had one of the more turbulent decades in its history. In the past few years, the majority of the country’s largest carriers have merged with a ...
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American Airlines Takeover Nears

A number of press reports say that U.S. Airways Group Inc. (NYSE: LCC) will take over the airline operations of bankrupt AMR. The marriage of U.S. Airways and American Airlines would create ...
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What’s Important in the Financial World (1/31/2013)

German Employment Bump Germany's Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million. ...
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Media Digest (1/29/2013) Reuters, WSJ, NYT, FT, Bloomberg

Yahoo! Inc.'s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters) Detroit probably will file for bankruptcy. (Reuters) Nokia Corp. (NYSE: NOK) will put $250 million into ...
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24/7 Wall St. Closing Bell — January 23, 2013: Market Open Higher on Little News (COST, GE, VZ, F, INCY, AMD, CSX, GOOG, IBM, IGT, TXN, ABT, BHI, COH, GD, MCD, LCC, AAPL, AMGN, NFLX, SNDK, FFIV, NE, NVR, WDC, MMM, BMY, LMT, RYN, LUV, UNP, UAL, XRX, MAPP, AGN, NMRX, MCP)

U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed ...
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U.S. Airways’ Shares Rise on Earnings Beat

U.S. Airways Group Inc. (NYSE: LCC) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the airlines posted adjusted diluted earnings per share (EPS) of ...
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