-
American Airlines In Bankruptcy Court Thursday For Final Approval Of Exit Plan
Thursday, August 15, 2013 - 8:17am | 510Read More...Thursday was supposed to be the day that AMR Corp (OTC: AAMRQ), the parent for American Airlines, went before a judge for final approval of its plan to exit bankruptcy by merging with US Airways (NYSE: LCC). That will not be the case now as the U.S. Department of Justice is suing to block the...
-
Short Sellers Retreat from Delta Air Lines and Spirit Airlines
Saturday, April 27, 2013 - 10:37am | 884Read More...Short sellers seem to have had their fill of U.S. Airways (NYSE: LCC) during the first two weeks of April, ahead of its impending merger with AMR, parent of American Airlines, which has been in bankruptcy since November 2011. Short interest in U.S. Airways retreated more than six percent, taking...
-
Short Interest in U.S. Airways Continues to Rise Ahead of Impending Merger
Thursday, April 11, 2013 - 12:50pm | 835Read More...Short sellers continued to bet on U.S. Airways (NYSE: LCC) during the final two weeks of March, ahead of its impending merger with AMR, parent of American Airlines, which has been in bankruptcy since November 2011. Short interest in U.S. Airways grew about 16 percent. However, short interest in...
-
Short Sellers Sticking with U.S. Airline Stocks (DAL, SAVE, LCC)
Thursday, March 28, 2013 - 10:10am | 848Read More...By and large, the short interest in U.S.-based airline stocks rose again during the first two weeks of March. The number of shares sold short in Alaska Air Group (NYSE: ALK), Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: JBLU), Spirit Airlines (NASDAQ: SAVE), United Continental (NYSE: UAL...
-
Short Interest in U.S. Airline Stocks Still Rising (DAL, SAVE, LCC)
Thursday, March 14, 2013 - 1:03pm | 835Read More...By and large, the short interest in U.S.-based airline stocks rose again during the final two weeks of February. The number of shares sold short in Alaska Air Group (NYSE: ALK), JetBlue Airways (NASDAQ: JBLU), Southwest Airlines (NYSE: LUV), United Continental (NYSE: UAL) and U.S. Airways (NYSE:...
-
Short Interest in U.S. Airline Stocks on the Rise (DAL, LUV, LCC)
Friday, March 1, 2013 - 1:57pm | 839Read More...By and large, the short interest in U.S.-based airline stocks rose again during the first two weeks of February, after mostly declining in the previous period. The number of shares sold short in Alaska Air Group (NYSE: ALK), Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: JBLU), Southwest...
-
Short Interest in U.S. Airline Stocks Dwindles (DAL, SAVE, LCC)
Tuesday, February 12, 2013 - 2:32pm | 818Read More...By and large, the short interest in U.S.-based airline stocks dwindled during the latter two weeks of January. The number of shares sold short in Alaska Air Group (NYSE: ALK), JetBlue Airways (NASDAQ: JBLU), Southwest Airlines (NYSE: LUV), Spirit Airlines (NASDAQ: SAVE), United Continental (NYSE...
-
US Stock Futures Signal Steady Open On Wall Street
Friday, December 30, 2011 - 7:48am | 213Read More...US stock futures are mostly flat this morning. Futures on the Dow Jones Industrial Average gained 1 point to 12,218.00 and futures on the S&P 500 stock index rose 1.40 points to 1,258.80. Nasdaq 100 futures gained 2.25 points to 2,279.50. US stocks closed higher on Thursday, with the Dow Jones...
-
American Airlines Got Grounded
Wednesday, November 30, 2011 - 5:44am | 449Read More...Rumors can be denied, but facts will not change. Once again, American Airlines (NYSE: AMR) proved this to be correct. Back in October, there were rumors that AMR might file for bankruptcy, and the rumors were denied by the company. On Tuesday, however, AMR did manage to file bankruptcy, and...
-
Five Stocks That Could Be Impacted by AMR's Bankruptcy
Tuesday, November 29, 2011 - 1:34pm | 837Read More...These manufacturers could be in trouble if AMR doesn't persevere. It seems like it was only yesterday when Rodman & Renshaw reiterated its Market Outperform rating and $5 PT on AMR (NYSE: AMR). That's probably because it was yesterday. Oh what a difference 24 hours can make. Following the...
-
Earnings Expectations for the Week of October 17
Sunday, October 16, 2011 - 9:36am | 1322Read More...The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...
-
Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
-
AMR's First Profitable Quarter In 3 Years
Wednesday, September 22, 2010 - 8:07am | 159Read More...AMR Corporation (NYSE: AMR) is anticipating its first profitable quarter in 3 years, as reported in its September quarter so far, according to Deutsche Bank, which writes “based on recent guidance, [we] estimate that AMR will report a net profit for the Sep Q, its first profitable quarter since Sep...
