A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC subsidiary, has…
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market gains on…
Facebook reports that its revenue grew to more than $1 billion and its membership to 900 million. (Reuters) Microsoft (NASDAQ: MSFT) sells some of the patents it bought from AOL (NYSE: AOL)…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at William Blair.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American Superconductor Corporation (NASDAQ: AMSC) Started as Buy at Maxim Group. Cepheid,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc.…
The unemployment rate of the eurozone reached 10.8% in February, up from 10.0% a year ago according to EuroStat. Unlike the in United States, the trend is in the wrong direction. The lowest…
AMRBloomberg reports that US Airways (NYSE: LCC) has approached unsecured creditors of American Airlines parent AMR about buying the airline as its leaves bankruptcy. AMRÂ management says it plans for the carrier to…
The Bureau of Transportation Statistics reported that 631 million people boarded domestic flights last year. Jet fuel costs were relatively low in 2011. That is no longer true. Americans who cannot afford…
Most U.S. banks do well on Fed stress tests, but Citigroup (NYSE: C) does poorly. (Reuters) The prime minister of China says the government will speed up economic reforms to cushion the economy.…
Southwest Airlines Co. (NYSE: LUV) is supposed to be one of the best airlines out there. It has a loyal customer base and it has a better safety record than many other…
The Fed is unlikely to act with bond purchases if February unemployment figures are good. (Reuters) Low inflation in China could drive banks there to ease capital requirements to increase credit access.…
The International Air Transport Association (IATA), the global airline industry association, warned in its annual forecast that the economy could hurt earnings of carriers around the world in 2012, particularly in Europe.…
US airlines are reporting their February traffic counts this morning, and the two we have so far have both shown increases. US Airways Group Inc. (NYSE: LCC) and Delta Air Lines Inc.…
The Dow Jones Transportation Average has risen just 7.7% in the past five years, and barely 3% in the past 12 months. Not exciting, that’s for sure, except for the ride to…
