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Unusual Options Activity Review: EK, CHS, YHOO, LPX, BAC, FSL, BC, GE, SPX
Shares tumbled 91 cents to only 78 cents per share Friday after Bloomberg reported that the company is exploring options, including a possible bankruptcy. EK added 54 cents to $1.34 Monday, however, after the company said after the closing bell Friday
Updated: 10/03/2011 10:07P
AMR plunges on bankruptcy fears
ASSOCIATED PRESS | Associated Press NEW YORK — The stock of American Airlines' parent company plunged to lows not seen since 2003 on new fears that the carrier was headed for bankruptcy protection. The stock dropped on a combination of news and
Updated: 10/03/2011 10:07P
Landry's Restaurants gets OK to buy Eva Longoria's bankrupt Beso
Bankruptcy Judge Mike Nakagawa in Las Vegas approved a contested proposal by Landry's Restaurants Inc. of Houston to buy the restaurant's assets for $1 million. Longoria will hold a 30 percent stake in an entity that will use the restaurant and
Updated: 10/03/2011 10:02P
American leads airlines stocks down
Shares of AMR plunged, losing 33 percent of their value Monday after a string of recent setbacks on Wall Street and fear that the company may seek bankruptcy protection. An index of 15 major airline shares tumbled 9.8 percent on Monday to its lowest
Updated: 10/03/2011 10:00P
AMR stock plunges
From: AP THE stock of American Airlines parent company AMR Corp tumbled overnight, at one point falling nearly 40 per cent, on renewed concerns the carrier could be headed for bankruptcy protection. This comes as ACCC last week approved Qantas Airways'
Updated: 10/03/2011 09:58P
Turbulent Times For One Of Tulsa's Largest Employer
Now, the local union is responding as the company's stock plummets and bankruptcy rumors take off. "It's not a fear that drives me. Is it something that I know that's out there? Yeah, that's part of reality," said John Hewitt, AA employee,
Updated: 10/03/2011 09:58P
Airline stocks drop, led by 33% decline of American parent AMR
AMR shares fall 98 cents to $1.98 on Wall Street worries that the company may file for bankruptcy and following a report that air travel demand worldwide has slowed and that the airline faces an unusually higher number of pilots retiring early.
Updated: 10/03/2011 09:49P
SkyTalk blog: AMR shares plummet, close down 33 percent
Oct 03, 2011 (Fort Worth Star-Telegram - McClatchy-Tribune Information Services via COMTEX) -- Bankruptcy rumors swirled around AMR Corp. on Monday, sending the stock down 33 percent to close at a $1.98. Over 76 million shares of AMR stock were traded
Updated: 10/03/2011 09:41P
Kodak stock rallies after 'no bankruptcy' announcement
The bankruptcy fears followed a report in the Wall Street Journal that Kodak had appointed Jones Day, a law firm specialising in insolvency and restructuring. The 131-year-old company responded to this directly in the statement.
Updated: 10/03/2011 09:33P
American Airlines falters
SHARES of American Airlines parent AMR Corp plunged as much as 41 per cent yesterday on growing fears the third-largest US airline is headed for bankruptcy, although the carrier said Chapter 11 is “not our goal”. The stock's decline to its lowest price
Updated: 10/03/2011 09:33P
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