Airline Stocks Become Reverse Proxy For Oil Again
The first week of May, crude moved around just over $50. Today it traded just above $69, a 38% increase over that period. Airline stocks have reacted badly to the news. No…
The first week of May, crude moved around just over $50. Today it traded just above $69, a 38% increase over that period. Airline stocks have reacted badly to the news. No…
Reuters:Â China must balance growth and reducing greenhouse gases. Reuters:Â Â The Supreme Court has delayed Chrysler’s Chapter 11. Reuters:Â Â The US will allow 10 banks to repay TARP funds. Reuters:Â Â The Boston…
The International Air Transport Association has doubled its estimates for global airline industry losses compared to its figure of three months ago. That presages another round of carrier bankruptcies similar to these in…
Reuters:Â Â 3D is bringing a new dimension to the computer world. Reuters:Â Â The Supreme Court was asked to block Chrysler sale. Reuters:Â Â China bankers called for US sales of yuan bonds. Reuters:Â Â …
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that…
Airlines are getting hit hard this morning before the open on two issues: swine flu and an analyst downgrade. UBS has downgraded the US legacy airline sector in a broad call and…
Southwest Airlines Co, (NYSE: LUV) is getting to see some selling this morning after its earnings report. Actually, that is after its losses. Southwest is not used to this and you can’t…
According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first…
A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha…
AMR Corp. (NYSE:AMR) and unions representing pilots, flight attendants and maintenance workers at its American Airlines subsidiary are locked in labor negotiations that are growing increasingly contentious. Shareholders should be extremely worried.…
We have already seen at least one major upside surprise in earnings season for the Q1-2009 period. But we have many major companies which are expected to report earnings this week that…
According to Reuters, Ebay’s (EBAY) shares are cheap by many measures but investors are avoiding the company, while Amazon’s (AMZN) are so expensive that investors are concerned. Reuters reports that the SEC…
According to Reuters, Congress passed the Obama budget Reuters reports that cautious optimism greeted plans from the G-20 summit. Reuters reports that banks are considering buying toxic assets sold by other banks.…
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s financial…