Boston Scientific, Gannett, AMR big movers

2010-02-22T12:53:40Z

<div id="subtitle">Boston Scientific, Gannett, AMR, Exxon Mobil are among market movers Monday</div><div><p>The following stocks were among those that moved substantially or traded heavily Monday on the

American Airlines furloughing pilots

2010-02-22T16:30:14Z

<div id="subtitle">American Airlines to furlough up to 175 pilots because of fewer flights</div><div><p>American Airlines says it will furlough up to 175 pilots beginning next month because it has a too many pilots after reducing its flight schedule.</p><p>American said Friday it sent notices to 80 pilots that they will lose their jobs at...

AMR to furlough up to 175 pilots in first half '10

2010-02-22T16:29:44Z

<div><p>CHICAGO (Reuters) - American Airlines parent AMR Corp &lt;AMR.N&gt; said on Friday it would furlough up to 175 pilots in the first half of 2010 because it has reduced flight capacity and not enough ...

AMR lost $344 million in fourth quarter

2010-02-22T17:42:29Z

<div id="subtitle">American Airlines lost $344 million in 4Q, threatens to block Delta-JAL alliance</div><div><p>American Airlines lost more than $340 million in the final quarter of 2009 and now must fight to prevent the loss in 2010 of a valuable partner in Asia.</p><p>American CHICAGO (Reuters) - American Airlines parent AMR Corp &lt;AMR.N&gt; posted a quarterly loss on Wednesday, capping a year of economic turmoil and weak travel demand that battered ...

Earnings Preview: AMR expected to post 4Q loss

2010-02-22T18:07:30Z

<div id="subtitle">AMR expected to post wider loss than a year ago on slump in traffic</div><div><p>AMR Corp., the parent of American Airlines, is scheduled to report fourth-quarter results Wednesday. Here's a summary of key developments in the period.</p><p>OVERVIEW: Traffic o...

U.S. airlines set to post quarterly losses

2010-02-22T19:46:07Z

<div><p>CHICAGO (Reuters) - U.S. airlines, set to start reporting quarterly losses next week, are likely to offer more evidence of returning business travel demand as the industry gropes its way out of the 2009 economic recession.</p><p>Of the six-larges...

Stocks on the Move: Alcoa, Boeing, Chevron, Intel

2010-02-22T20:45:28Z

<div><p> Jan. 4 [Bloomberg] -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 11:20 a.m. in New York. </p><p> Coal and metal producers advanced after reports showed manufacturing in the U.S. and China is improvin...

U.S. airlines align to start new year with higher fares

2010-02-23T00:01:49Z

<div><p>ATLANTA/NEW YORK (Reuters) - If you thought U.S. airlines would reduce fares following a laundry list of new security rules after an attempt to blow up a U.S.-bound plane on Christmas day, you would be wrong.</p><p>Rising oil prices and signs that business travelers...

Air travel hassles worse after scare; shares dip

2010-02-23T08:45:01Z

<div><p>CHICAGO (Reuters) - Frequent flyers grudgingly remove their shoes and keep liquids in tiny bottles to appease airport security, but measures imposed after a foiled Christmas Day terror plot could tempt frustrated travelers to find alternatives to commercial airlines, experts say.</p><p>A potential erosion of air travel dem...

Airline shares weaker amid renewed terror concerns

2010-02-23T08:53:24Z

<div><p>CHICAGO (Reuters) - Airlines shares were broadly lower on Monday after a Nigerian man was charged with trying to blow up a Northwest Airlines &lt;ATLANTA (Reuters) - Major air carriers added extra flights on Monday to accommodate passengers whose travel plans were disrupted by a massive weekend storm that dumped as much as two feet of snow on the U.S. Northeast.</p><p>The storm buried cities from dollar strengthened and traders foc...

AMR sees improvement in leisure and premium travel

2010-02-23T18:32:54Z

<div id="subtitle">American Airlines parent AMR seeing improvement in leisure and premium travel, executive says</div><div><p>A top American Airlines executive says the carrier is seeing a pickup in both leisure and premium travel, at least on international routes.</p><p>Beverly Goulet, treasurer of American parent Bombardier Inc. said Thursday that the parent of regional airline American Eagle ordered 22 jets with a value of $779 million.</p><p>Eagle, the regional sister carrier of ATLANTA (Reuters) - Delta Air Lines Inc &lt;DAL.N&gt; said on Wednesday that revenue was showing month-to-month improvement despite a persistent reduction in premium class demand.</p><p>Chief ExpressJet jumps to American Airlines</div><div><p>The CEO of Continental partner ExpressJet Airlines will jump to American Airlines as a senior vice president beginning Jan. 1.</p><p>James Ream will oversee mainte...

Sector Snap: Airlines down with broader market

2010-02-24T01:38:19Z

<div id="subtitle">Airlines fall with broader market, despite drop in oil prices</div><div><p>Airline shares fell with the broader market on Friday, even though airline investors got something that would usually count as good news — falling oil prices.</p><p>The Amex airline index fell 1.9 percent, with all 13 of its components trading down.</p><p>Broader markets fell after CHICAGO (Reuters) - American Airlines parent AMR Corp &lt;AMR.N&gt; and US Airways Group &lt;LCC.N&gt; said ...

AMR to cut up to 700 maintenance, engineering jobs

2010-02-24T13:17:44Z

<div><p>CHICAGO (Reuters) - American Airlines parent AMR Corp &lt;AMR.N&gt; will eliminate up to 700 jobs as it downsizes its maintenance and engineering operations, the company said on Wednesday in a lette...

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