UAL to launch offerings of 19 million common shares and $175M in notesSeptember 30th, 2009 UAL to launch public offering of stock and notesNEW YORK — The parent company of United Airlines, UAL Corp., says it plans to offer 19 million shares and $175 million in convertible senior notes due 2029 in a pair of public offerings. Shares fell 60 cents, or 6.5 percent, to $8.62 in aftermarket trading.
Airlines don't move much, despite jump in oil prices back above $71 a barrelSeptember 8th, 2009 Sector Snap: Airlines shrug off oil price jumpMINNEAPOLIS — Airline investors didn't seem to mind that oil prices jumped on Tuesday. Airline shares have often moved opposite of oil prices, since jet fuel is one of an airline's biggest expenses.
Airline stocks rise modestly with gains in broader marketAugust 18th, 2009 Sector Snap: Airlines stocks riseNEW YORK — Airline stocks rose modestly at midday Tuesday, gliding upward on gains in the broader stock indexes as investors recovered from the previous day's sell-off. An analyst at UBS raised his target prices on airline stocks, saying that July and August revenue at the carriers was a bit better than he had expected.
Continental Airlines to join Star Alliance, which includes United Airlines and LufthansaAugust 17th, 2009 Continental to join Star Alliance on Oct. 27HOUSTON — Continental Airlines said Monday that it will officially join the Star Alliance that includes United Airlines and Lufthansa on Oct.
Several airline shares fall as oil prices climb slightlyAugust 10th, 2009 Sector Snap: Airlines fall as oil prices riseMINNEAPOLIS —Most airlines' shares fell slightly on Monday as oil prices rose. The Amex Airline Index was down 1.5 percent, with nearly all of its U.S.
United Airlines traffic falls 4 percent in July, as broad decline countered by regional boostAugust 4th, 2009 United Airlines traffic falls 4 percent in JulyCHICAGO — United Airlines said Tuesday its traffic fell 4 percent in July, as a steep uptick in regional traffic partially offset a continued downturn in its core business. United said paying passengers flew a total of 11.15 billion miles last month, compared with 11.62 billion a year earlier.
Shares of major US airlines mixed as oil prices rise and broader market risesJuly 31st, 2009 Sector Snap: Airline shares mixedATLANTA — Shares of major U.S. carriers were mixed Friday as oil prices advanced.
Shares of major US airlines mixed as oil prices rise and broader market risesJuly 31st, 2009 Sector Snap: Airline shares mixedATLANTA — Shares of major U.S. carriers were mixed Friday as oil prices advanced.
China Eastern Airlines to acquire smaller carrier in step to strengthen competitivenessJuly 13th, 2009 China Eastern Airlines to acquire local rivalBEIJING — China Eastern Airlines Corp., one of China's three major state-owned carriers, will acquire a local rival, the companies announced Monday, as money-losing China Eastern tries to boost its competitiveness. China Eastern, based in Shanghai, will acquire Shanghai Airlines Co.
Airline shares make modest gains as jump in durable goods orders sends market higherJune 24th, 2009 Sector Snap: Airlines gain back some lossesNEW YORK — Investors on Wednesday picked up airline shares pushed down by a two-day sell-off. The broader stock market rose, with investors upbeat about a Commerce Department report saying durable goods orders rose 1.8 percent in May.
Airlines shares climb as stock markets rise on hopeful economic data, upbeat analysts' reportsJune 1st, 2009 Sector Snap: Airlines fly with broader marketNEW YORK — Shares of U.S. airlines rose in Monday trading, following the broader market higher on better-than-expected economic data, including manufacturing, consumer spending and construction spending.
Continental Airlines to shut Tampa reservation center, eliminate 500 jobsMay 13th, 2009 Continental Airlines to shut center, cut 500 jobsHOUSTON — Continental Airlines Inc. said Wednesday it is closing a call center in Tampa, Fla., and cutting 500 reservation agents companywide.
Airline stocks slide as broader market drops and investors head for the doorMay 11th, 2009 Sector Snap: Airlines fallNEW YORK — Most airline stocks lost ground Monday as investors cashed in and the broader market retreated. The Amex Airline Index lost 2 percent at midday, with 12 out of 13 components lower.
Airlines shares fall as oil prices climb and Fitch worries about access to creditMay 6th, 2009 Sector Snap: Airlines pull backATLANTA — Shares of U.S. carriers fell Thursday as the broader stock market pulled back and oil prices inched higher, continuing a rally that started earlier in the week.
Markets extend gains during midday tradeJanuary 13th, 2009 MUMBAI - Indian equities markets, which opened higher Wednesday, rose further by midday, with several stocks looking attractive at current valuations, and a key index gaining 2.99 percent over Tuesday's close just before noon. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was up 271.2 points or 2.99 percent little before noon Tuesday and was trading at 9,342.56 points Wednesday.
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