Halloween Spending Forecast Halloween may be one of the events that helps keep consumer spending at a reasonable level. BIGinsight conducted research for the National Retail Federation that found more than 71% of American…
American Airlines, whose parent AMR is in Chapter 11, will use that status, a staple of the industry, to send layoff notices to 11,000 workers. The people who receive the notices can…
This morning’s disappointing employment numbers from the Labor Department haven’t stopped Delta Air Lines Inc. (NYSE: DAL) investors from pushing shares 3% higher in morning trading to nearly $9.50 per share. The…
Trey Thoelcke Wikipedia/Public DomainDelta Air Lines Inc. (NYSE: DAL) will move further into the oil refinery business as a means to keep its fuel costs low. While other airlines have not followed into the business,…
Trey Thoelcke China’s Extraordinary Stimulus Package China has decided that what its economy needs is an extraordinary stimulus package. As its growth in gross domestic product drops toward what is likely to be 7%…
Douglas A. McIntyre AMRBankrupt AMR Corp. and US Airways Group Inc. (NYSE: LCC) have announced that the two companies have entered a nondisclosure agreement (NDA), under which the companies have agreed to exchange certain confidential…
AMRIt is almost hard to believe, but AMR Corporation (NASDAQOTH: AAMRQ.PK) has proven to be profitable in the month of July. AMR has made an SEC Filing which discloses its Monthly Operating…
JetBlue Airways Corp. (NASDAQ: JBLU) will not be one of the bidders for the assets of bankrupt AMR, parent of American Airlines. That does not leave the crippled airline without a suitor.…
Fast Corn Harvest Farmers are bringing in corn harvests as fast as possible. The trend will not help overall supply, except in the early part of the season. The shift in harvest…
AMRAMR Corp., the parent of American Airlines, is considering what its CEO calls the “attractive option” of a merger with smaller competitor US Airways Group Inc. (NYSE: LCC) as the company prepares…
OK, so maybe it pays more to be one of the companies that blew out the travel agent jobs than it does to own an airline. After all, Warren Buffett said to…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday morning. Becton Dickinson and Co. (NYSE: BDX) cut to Underweight at JPMorgan. BMC Software…
With so much interest in airlines of late, we have some reports to evaluate today. Lower fuel prices and full planes may be helping the trend, but the potential AMR buyout from…
The battle between management at bankrupt AMR and the management of US Airways (NYSE: LCC) about a possible takeover of the troubled carrier continues. Public comments by US Airways CEO Doug Parker…
The drought in the Southwest and Plains States has not gotten any better. Based on weather reports, it probably will get worse. The byproducts of the drought have worsened in the past…
