AMR moves toward Eagle spinoff as regionals seek bid
AMR Corp outlined terms for spinning off American Eagle in a regulatory filing, aiming to complete by year end. Eagle operates 281 planes with 1,650 daily flights and revenue of 1.2 billion last year, while AMR holds about 22.2 billion in total revenue.
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Dallas
American Airlines
American Eagle
AMR Corp
AMR
Eagle
American
Securities and Exchange Commission
Italy to slash political jobs in new austerity plan
Italian Prime Minister Silvio Berlusconi announced an emergency austerity package including tax rises and cuts to political jobs and small town administrations. The measure, praised by Merkel and the ECB, aims to calm markets and balance the budget by 2013, with impacts including halving lawmakers and merging small towns while prompting protests from unions.
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Italy
Rome
Silvio Berlusconi
Berlusconi
Angela Merkel
European Central Bank
ANSA
Merkel
ECB
Jean-Claude Trichet
Europe
Berlin
Foar
Roberto Calderoli
Calderoli
la Repubblica
Siena
Trieste
Prato
Florence
Senate
CGIL
Giulio Tremonti
Eurozone
Tremonti
PSMH Acquires Fidelity Mortgage Unit in Grand Junction
PrimeSource Mortgage Inc. and its parent PSMH acquire Fidelity Mortgage Inc. of Grand Junction Colorado. The merger into UCMC, a wholly owned sub of PrimeSource Mortgage, became effective August 8.
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PSMH
Teacquired Fidelity Mortgage Inc
Grand Junction
Colo
UCMC
PrimeSource Mortgage Inc
Fidelity Mortgage executive gains stock and board seat at PSMH
Pulsipher, principal of Fidelity Mortgage, receives 1 785 714 shares of PSMH common stock for his equity and will join UCMC's board while continuing to lead Fidelity's Grand Junction operation for PSMI. The firm has operated in Grand Junction since 1986.
MENTIONED IN THIS ARTICLE
Fidelity Mortgage
James Pulsipher
PSMH
UCMC
Grand Junction
Pulsipher
PSMI
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