Delta Air Lines
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American Airlines Parent Raises $2.9 Billion in Capital for a Possible Acquisition
Shares of American Airlines Inc. parent AMR Corp. (NYSE: AMR) soared as high as 23.7% in early morning trading today (Thursday) after the company announced it raised $2.9 billion in liquidity to hunker down for the typically slow winter travel season and possibly acquire a majority stake in a Japanese airline. The new liquidity includes […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Sprint-Deutsche Telekom Merger Talk Surfaces; EU Projects 3Q and 4Q Growth; Source: J&J and Elan Restructuring Deal; Chevron Cashing in on Asia Gas Demand; Citi Downgrades Potash and Mosaic; Eli […]