By Robert Herbst, Airlinefinancials.com Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (LCC) collectively operated 85 billion less domestic seat miles than they did 6 years ago. This…
Reuters: Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters: ArcelorMittal sees a slow improvement in steel production in Q1. Reuters: IMF aid for Greece may…
Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS)…
Reuters: Obama is looking for ways to cut the deficit. Reuters: Citigroup (NYSE:C) may sell its private equity group. Reuters: Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters: China…
By Paul Ausick of 24/7 Wall St. United Airlines (UAUA) today reported a fourth-quarter loss of $176 million, EPS -$1.05, compared with average estimates of an EPS of -$1.47. The reported loss…
Douglas A. McIntyre Reuters: Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case. Reuters: China GDP grew 10.7% in the fourth quarter. Reuters: Obama will target excessive…
Markets in Asia were narrowly mixed and slightly higher in Asia Reuters: Google (NASDAQ:GOOG) is investigating whether an insider helped China’s cyber attack. Reuters: The IMF chief said there could be a…
Reuters: A senior Fed official said the joblessness will not affect rate policy. Reuters: Shares in China lenders rose causing economic overheating fears. Reuters: Motorola (NYSE:MOT) says cellphone use for shopping is up.…
JAL is not only the flagship carrier for Japan; it is one of the largest airlines in the world. JAL ranks among the top ten in the industry both in passengers and…
Updated throughout the day. Goldman Sachs (NYSE:GS) may move some of its operations out of London to avoid high taxes on banker bonuses (London Telegraph) Kraft (NYSE:KFT) will raise its bid for…
By Douglas A. McIntyre Shares in JAL, the flagship carrier of Japan, rose by over 30% Monday as the Development Bank of Japan, which is backed by the government, said it would…
Reuters: Novartis (NYSE:NVS) will buy the part of Alcon (NYSE:ACL) that it does not currently own for $39 billion. Reuters: JAL may receive a bailout from the Japanese government. Reuters: The Fed defended it…
Memo to airline CEOs: Gerald Arpey, AMR (NYSE:AMR); Richard Anderson, Delta (NYSE:DAL) & Larry Kellner, Continental (NYSE:CAL). Subject: Vigilante Row Seating Now that Homeland Security Secretary Janet Napolitano has made it clear that…
By Douglas A. McIntyre A number of media, including the Nikkei business daily, are reporting that the Japanese government is considering taking its huge flagship carrier JAL into bankruptcy. The news follows…
Many investors use the last few weeks of each year to sell stocks on which they have posted losses to help their tax position. Other investors simply clean the dead wood out…