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…
Jon OggThis week should be the end of the major earnings flood. With markets so close to highs, investors and traders alike are considering which stocks to buy and which ones to…
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…
Jon OggWe are knee-deep in corporate earnings reports and markets are surging to new all-time highs. Investors and traders alike are wondering which stocks to buy and which to sell in the…
courtesy of AOL, IncHeading into the fourth quarter of this year, investors who have been long the stock market are poised for the best gains since the market exploded off the lows…
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…
ThinkstockAirline stocks have been a frustrating mistress over the past 25 years. Investors became accustomed to airlines and their frequent trips to bankruptcy, and then often to the airline graveyard, where Eastern,…
Trey Thoelcke 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…
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 Sprint Corp.In the past 30 years, the hedge fund industry has shown phenomenal growth. Initially formed as true “hedges” against conventional investing, they morphed into vehicles for hedge fund portfolio…
ThinkstockThe airlines sector in transportation has done very well in this recovery. It turns out that lowering capacity, merging rivals, increasing airfares, and upping the charges for just about every aspect of…
courtesy Boeing Co.The 787 Dreamliner program gave Boeing Co. (NYSE: BA) another black eye. One of the planes, operated by United Continental Holdings Inc. (NYSE: UAL) was forced to land because of…
courtesy Boeing Co.If Boeing Co. (NYSE: BA) has one more problem with its 787 Dreamliner, it might as well take it out of production. This week is the Paris Air Show, and…
Courtesy Boeing Co.Early this morning, Airbus, the aircraft-making division of European Aeronautics Defence and Space Co. (EADS), signed a deal to supply European airlines easyJet with 135 of the company’s A320 and…
