AMR Corporation (NYSE: AMR) has posted a net profit of $45 million for the third quarter, which generated earnings at $0.17 EPS.  Be advised that this gain does include sale gains and other items. ...
AMR Corp. (NYSE: AMR), the parent of American Airlines, has announced some sweeping changes at its annual meeting of shareholders today.  More importantly than just how this affects AMR, these...
Women’s Wear Daily says that KKR is close to a deal to buy Macy’s (M). The price would be about $52 a share. The stock currently trades a $40. Douglas A. McIntyre ALERT: Take This...
After weeks of sabre rattling about how its would hold banks to their lending commitments on money to finance its takeover of First Data (FDC), KKR "appears willing to agree to a covenant that...
From S-1 filed with SEC: Founded in 1976, we are a leading global alternative asset manager. Our 399 employees, including our 139 investment professionals, are led by our founders, Henry Kravis and...
AMR (NYSE: AMR) reported that it lost $325 million in the first quarter as fuel charges rose $665 million over the same period last year. AMR also disclosed that it has reached a definitive agreement...
AMR Corporation (NYSE: AMR) is in trouble.  That is at least what the rumor mill is trying to signal.  What may seem like aggressive reporting over the weekend has added fuel to the fire of the...
Frontier (NASDAQ: FRNT) filed for Chapter 11 joining ATA and Aloha Air. According to MarketWatch "The airline said the decision was taken after its principal credit-card processor unexpectedly...
If you have ever seen a private equity wish list if companies, Whole Foods Market, Inc. (NASDAQ: WFM) would be on it.  The stores are sleek, the products are at a premium, and its customers seem to...
Aloha Airgroup has filed for Chapter 11 citing high fuel prices and falling fares. With oil at $100 and both competition and a poor economy warring with ticket prices, the question is "who is...
U.S. Air Force names a senior officer to head what has become Boeing's high-visibility Air Force One program.
Boeing is near a deal with the U.S. Air Force on buying two 747-8s that will serve as Air Force One upon delivery in 2024. The planes originally were built for a Russian airline that went bankrupt.
AMR Corp. (NYSE: AMR) has some pretty disappointing figures, at least until you compare them to analyst expectations.  AMR posted earnings of -$1.39 on a net basis and -$1.14 EPS on a non-GAAP basis...