American Airlines

The bankruptcy of American Airlines (NYSE: AMR) this week and never-ending talk of punk profitability for retailers this holiday season has got me to thinking about potential corporate death stories. I always find it amazing that investors gravitate to a $5 stock instead of a $100 stock because...

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...

American Airlines parent company AMR Corporation (NYSE: AMR) became the latest airline to file for Chapter 11 bankruptcy in what it said is an attempt to become more competitive with the other major airlines. American Airlines said that it has enough cash to continue regular operations. The...

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 &...

Benchmark provided color on Orbitz Worldwide (NYSE: OWW) after the company achieved a court victory over American Airlines (NYSE: AMR). In a research report published today, Benchmark states, "On June 1, 2011, an Illinois court granted injunctive relief to Orbitz (OWW-Hold, PT $3) and Travelport...

On May 16, Rahm Emanuel will take up the reins of the city of Chicago, ending the six-term administration of Mayor Richard M. Daley. Emanuel , a former White House chief of staff and Democratic member of the U.S. House of Representatives, is well known for his blunt, take-no-prisoners style. But...

Best 1) Cubist Pharmaceuticals (NASDAQ: CBST): Wedbush analysts upgraded the stock of this company to outperform from neutral. Shares are currently up 14.85% to $29.05. 2) Questcor Pharmaceuticals (NASDAQ: QCOR): The company released preliminary operating metrics for its March quarter after the...

AT&T Inc. (NYSE: T) today announced that Matthew K. Rose will join the company's board of directors. Mr. Rose is chairman, president and chief executive officer of Burlington Northern Santa Fe, LLC (BNSF), a subsidiary of Berkshire Hathaway Inc. Mr. Rose also serves on the board of AMR...

AMR Corp. (NYSE: AMR) posted lower than expected losses ($11M) than was anticipated by Dahlman Rose ($30M). Dahlman expects AMR to return to a net profit in the 3Q, estimating $71M over last year's loss of $265M. On the upside, in early July the US Department of Transportation and the European...

American Airlines and JetBlue Airways Corporation (NASDAQ: JBLU) have decided to come together in an effort to meet the needs of passengers. Specifically, the two have united to offer connecting flights for those traveling both to and from New York and Boston. Customers will now be able to book...