Now that the U.S. Department of Justice has approved the proposed merger between U.S. Airways Group Inc. (NYSE: LCC) and AMR Corp. (AAMRQ), the two companies got down to the serious business…
ThinkstockThe merger to create the world’s largest airline, which had been stalled by a lawsuit filed by the U.S. Department of Justice, has reached a settlement Tuesday and the news has lifted…
ThinkstockAfter markets closed on Wednesday, Expedia Inc. (NASDAQ: EXPE) reported third-quarter adjusted earnings per share (EPS) of $1.43 on revenues of $1.40 billion. The online travel company’s revenues rose 17% compared with…
courtesy of Delta Air LinesDelta Air Lines Inc. (NYSE: DAL) reported third-quarter 2013 results before markets opened Tuesday morning. The airline posted adjusted diluted quarterly earnings per share (EPS) of $1.41 on…
Paul Ausick courtesy Airbus S.A.By 2032, the current worldwide airplane fleet of 17,740 planes will nearly double to 36,560 aircraft. The dollar value of the new planes will exceed $4 trillion. The forecast comes…
Jon OggStocks have been in rally mode, and now investors have to decide whether they will chase stocks or sell them into strength. 24/7 Wall St. reviews literally dozens of Wall Street…
ThinkstockAirlines hit hard by rising fuel costs have adopted many of the same countermeasures that drivers hit with higher fuel costs use: fewer trips and more efficient vehicles. The main difference is…
24/7 Wall St. is tracking several key movers this Monday that are unusual moves in nature. These are not due to mergers directly, so they are issues that investors and traders alike…
Jon C. Ogg courtesy Best Buy Co. Inc.Coca-Cola Co. (NYSE: KO) and PepsiCo Inc. (NYSE: PEP) are the most respected brands in the United States. While Coke has enjoyed this status for six years straight, Pepsi moved…
David Tepper’s Appaloosa hedge fund is one of the most respected and closely watched funds on Wall Street. Tepper makes frequent appearances on CNBC and Bloomberg TV, and often his comments alone…
August 14, 2013: U.S. equity markets opened lower this morning even after the eurozone reported positive GDP growth in the second quarter, bringing an official end to the continent’s recession. Germany’s GDP…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms, particularly in a rising stock market. What investors often do not get to see is when…
ThinkstockThe proposed merger to create the largest airline is running into trouble. Reports were out that AMR Corp. (AAMRQ) is facing an unexpected regulatory situation regarding its merger (takeover of, actually) with…
courtesy of Delta Air LinesAs the second-quarter earnings season starts to wind down, most equity strategists at the major Wall Street firms we cover are reasonably pleased with overall corporate performance and…
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
