Uncertainty Looms Over Airline Merger Blocked by U.S. Suit
The government lawsuit to block the American Airlines and US Airways merger casts doubt on industry consolidation plans. If blocked, American may pursue growth by adding flights to compete with United and Delta, potentially lowering fares and squeezing profits while stocks slide.
MENTIONED IN THIS ARTICLE
Dallas
Met
American Airlines
United
Delta
American
US Airways
Asia
Justice Department
US Air
Southwest
Tom Horton
Wall Street
J.P. Morgan
Jamie Baker
Fitch Ratings
AMR Corp
US Airways Group Inc
AMR
Agers
Mae
Paul Denis
Doug Parker
Soros Boosts Apple Stake Amid Icahn Interest
Financier George Soros more than doubles his Apple stake to 66,800 shares by end of June, valued around $33 million as Apple trades near $498.50. Icahn also builds a large stake and urged higher buybacks, while Soros keeps pressure off and broadens bets with Google shares rising to 396,953 by June.
MENTIONED IN THIS ARTICLE
San Francisco
Carl Icahn
Apple
George Soros
Soros
Apple Inc
Icahn
Cupertino
Calif
Tim Cook
Forbes Magazine
Inc
Google
Deere 3Q Tops Views Despite 40% Unit Decline Worries
Deere & Co reports 3Q net income up 27 percent to 997 million on 10.01 billion revenue, beating analyst targets as agriculture and turf sales rise. Fourth quarter equipment sales expected down about 5 percent on weak year-ago comparisons, while full-year equipment sales rise about 5 percent and agriculture up 7 percent.
MENTIONED IN THIS ARTICLE
Moline, Ill
Ap) Deere & Co
North
South America
Susan Karlix
Deere
Investor Communications
Wall Street
FactSet
U.S
Canada
Moline
SEIS
New York
Chicago
Frida
Fed
N.Y
Chicago Board of Trade
Pan. Igh Fom Ste ci
Nyse EY AQ
Shost da Wi Uicam
EkotAm
Aldnevg
Cisco
Microsoft
RiteAid
AmpioPhm
Tech
DxGidBiirs
BirksMyr
Chicmera
GencoShip
SkystarBio
Tree.com
WageWrks
Coast Frontline
Incopr
Dataram Rs
ChiAutl
SilvSpNetn
BovieMed
MihenMda
OrionEngy
MecoxLn Rs
GSE Hidg
AdcareHit
Jet
Cree Inc
Orbital
China Auto
Dow Jones Industrials
Ca Sa Os
Dow Jones Transportation
Dow Jones Utilities
NYSE
S&p
Wilshire
Russell
Nacre
Atat Inc
EngyTstr
Texinst
TimeWan
VerizonCm
Also Mentioned on This Page
Washington Monument
Ronald Reagan National Airport
Washington, D.C
Derek Long
John Deere
Loami, Ill
Maris
Mydul
York Mercantile Exchange
NWA
Natufalgas
Tay
Dun
Hug
NY Harbor
Yorkap Broegeer Eye
London
Handy & Harman
Wai & Harman
Roy
Toy
N.a
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