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NWA Articles
In a move that should be imitated by large US carriers like AMR (AMR), Delta (DAL), and Northwest (NWA), British Airways will ground part of its fleet to save money because of the rising cost...
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According to Reuters, the head of strategy at Microsoft (MSFT) says it deal to acquire Yahoo! (YHOO) is over. Reuters writes that Toyota (TM) posted a 28% drop in profit due to a strong yen and slow...
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The board and management of Continental Airlines (CAL) have decided that staying single is the best way of life. After long merger talks with United (UAUA), Continental has elected to go it alone....
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Eos was an extremely odd duck of an airline. It flew only one route, from New York’s JFK to London. It was an all business class affair, but, with a recession in full-swing flying is becoming a...
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AMR (AMR), parent of American Airlines, is in talks with US Air about a merger. Based on balance sheet and stock price performance AMR needs a partner more than most of the other large carriers....
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According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company...
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Ambac (ABK) Big loss for quarter. Falls to $3.08 from 52-week high of $96.10. Arrow Electronics (ARW) Drop off in first quarter profit. Sells down to $26.58 from 52-week high of $44.95. McClatchy...
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The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices in...
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Southwest Airlines Co. (NYSE: LUV) may be one of the few remaining profitable airlines. The company posted earnings this morning with a $34 million profit, or $0.05 EPS, and $0.06 EPS before...
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Investors should hope that airlines will do what they can to keep business. Northwest Airlines (NYSE: NWA) seems to want to do the opposite. I tried to get a ticket for my son to fly from New York to...
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According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that...
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The revived merger between Delta (DAL) and Northwest (NWA) is based on the premise that, in a airline industry depression, two carriers mashed together work better than if they remained independent....
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The on-again, off-again merger between Northwest (NYSE: NWA) merger with Delta (NYSE: DAL) appears ready to go through. The deal could be hurt by the fact that the pilots have not signed up for the...
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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...
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According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that...
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