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…
Lower oil prices and a resurgent economy should help the airlines post improved results in 2010, but that expectation is hardly true. The industry lost $11 billion in 2010. The International Air…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered…
Reuters: Senate Democrats unveiled their healthcare plan. Reuters: Hedge fund manage Griffin has rebounded from losses. Reuters: GM must pay its debt and become profitable before an IPO. Reuters: Kraft (NYSE:KFT) is…
Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters: Trump put his support to the bondholders of his casino business. FT: A…
The rumor that US Air (NYSE:LCC) and American (NYSE:AMR) may merge is not so far-fetched today, or that Southwest (NYSE:LUV) might take over JetBlue (NASDAQ:JBLU). British Air and Iberia, the flag carriers of…
