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US Airways Wants Regulator Approval for Merger Deal
Wednesday, June 13, 2012 - 8:45am | 395US Airways (NYSE: LCC) said on Wednesday that it wants to boost its chances of completing a merger with AMR Corp by seeking the approval of federal antitrust regulators. LCC is planning to file paperwork as early as July in the hope that regulatory approval will smooth the way for the potential...
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Airline Stocks: Time to Jump In or Step Aside?
Wednesday, July 27, 2011 - 8:17pm | 1390Airline stocks have been under extreme selling pressure lately, as shrinking margins, high oil/fuel prices, fare battles, and lower overall travel have taken their toll on both current and future profits. The turmoil has made shares of airliners a favorite target of short sellers over the past...
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Hudson Securities Reports On 1Q11 Results For AMR
Thursday, April 21, 2011 - 10:59am | 158According to Hudson Securities, AMR Corp (NYSE: AMR) 1Q11 betters street. Hudson Securities said that AMR mgmt reports improving revenue health (domestically and internationally) in its cornerstone markets, aided by several recent industry pricing actions. “No change to estimates. Updating for...
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JP Morgan On Airlines: AMR, DAL, LCC
Thursday, October 21, 2010 - 8:11am | 198JP Morgan has published a research report on Airlines as JPM adjust estimates and forecasts on specific airline companies. In the report, JP Morgan writes "LCC Q4 $0.09 now $0.05 – We are reducing our LCC Q4 profit forecast from $0.09 to $0.05 versus $0.20 consensus, with higher fuel slightly...
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AMR On Point But Hold Remains For Now
Thursday, July 22, 2010 - 9:24am | 98AMR Corp. (NYSE: AMR) posted lower than expected losses ($11M) than was anticipated by Dahlman Rose ($30M). Dahlman expects AMR to return to a net profit in the 3Q, estimating $71M over last year's loss of $265M. On the upside, in early July the US Department of Transportation and the European...
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AMR Corp (AMR) - Control has been Lost
Friday, February 5, 2010 - 10:10am | 165The daily chart of AMR Corp (NYSE: AMR) shows that the minor correction is over and that the "pilot has lost control" and the steep dive has been resumed. The entry point in this short trade was 8.10 . With the close in the last session of 6.92 the paper gain is 1.18 per share. The initial target...