Tom Horton

QUALCOMM, Inc. (NASDAQ: QCOM) announced Monday that its board of directors unanimously rejected Broadcom Ltd (NASDAQ: AVGO)’s unsolicited acquisition offer. "It is the Board's unanimous belief that Broadcom's proposal significantly undervalues Qualcomm relative to the Company...

U.S. stocks were mostly higher on Monday to kick off the shortened trading week that will pause on Thursday and close at 1 p.m. ET on Friday for Thanksgiving. Speaking to CNBC, bond guru Jeffrey Gundlach said that the Federal Reserve may raise its rates in 2015, but not for fundamental reasons...

According to press releases from each company, AMR (OTC: AAMRQ) the parent company of American Airlines and U.S. Airways (NYSE: LCC) have settled with federal regulators. In August, a lawsuit was initiated with the Department of Justice which attempted to block the two companies from joining forces...

The question of whether US Airways (NYSE: LCC) and American Airlines will be allowed to merge will be settled in court. What is not settled is the date. Reuters reported Tuesday that the U.S. Justice Department asked a federal court to start the trial March 3. The airlines had requested a 10-...

Doug Parker, the incoming CEO of American Airlines and the new Chairman of the company, Tom Horton, appeared on Squawk Box Thursday morning to discuss the new U.S. Airways (NYSE: LCC) and American Airlines merger plan. Below are some notes from the interview: General Notes: Wants best outcome for...