News Topic - UAL
Articles 1 - 10 of most recent articles
Airline Stocks: UAL to meet on possible merger with U.S. Airways
NEW YORK (MarketWatch) -- After posting gains in prior-day trading, shares of airlines descend as oil prices again crept northward.
MarketWatch.com – May 15, 2008 2:09 PM [GMT] ¦ comment?
found in Business
NEW YORK (MarketWatch) -- After posting gains in prior-day trading, shares of airlines descend as oil prices again crept northward.
MarketWatch.com – May 15, 2008 2:09 PM [GMT] ¦ comment?
found in Business
United Airlines board to meet Thur on merger progress:report
NEW YORK (MarketWatch) -- The board for United Airlines parent UAL Corp. is expected to meet Thursday to hear out management on the progress towards consolidation with U.S. Airways and other strategic options, the Financial Times reported. The Chicago-based carrier is still trying to hammer out important merger details with its smaller rival, such as how the new company would be managed. However, UAL's chief executive Glen Tilton has reportedly offered to groom U.S. Airways' Doug Parker to succeed him if the merger takes place, the newspaper said, citing people familiar with the matter. Shares of UAL closed Wednesday at $14.17, up 3.4%, while U.S. Airways added 3.9% to $7.25.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 15, 2008 11:46 AM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- The board for United Airlines parent UAL Corp. is expected to meet Thursday to hear out management on the progress towards consolidation with U.S. Airways and other strategic options, the Financial Times reported. The Chicago-based carrier is still trying to hammer out important merger details with its smaller rival, such as how the new company would be managed. However, UAL's chief executive Glen Tilton has reportedly offered to groom U.S. Airways' Doug Parker to succeed him if the merger takes place, the newspaper said, citing people familiar with the matter. Shares of UAL closed Wednesday at $14.17, up 3.4%, while U.S. Airways added 3.9% to $7.25.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 15, 2008 11:46 AM [GMT] ¦ comment?
found in Business: Markets
United, U.S. Airways tie up would keep HQ in Chicago: report
NEW YORK (MarketWatch) -- United parent UAL Corp. and U.S. Airways are close to signing a merger deal that would keep the surviving entity headquartered in Chicago, according to a Sunday report in the Chicago Tribune, citing a person familiar with the negotiations. However, though the new company would be kept in United's hometown, its executives are expected to step aside for U.S. Airways Chief Executive Doug Parker and its president, Scott Kirby, the newspaper reported. If United were to merge with Phoenix-based U.S. Airways, it would create the second-largest airline in the country, with the proposed Delta Air Lines and Northwest merger being slightly larger. Shares of UAL and U.S. Airways were each up a fraction to $13.82 and $7.14, respectively.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 12, 2008 3:23 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- United parent UAL Corp. and U.S. Airways are close to signing a merger deal that would keep the surviving entity headquartered in Chicago, according to a Sunday report in the Chicago Tribune, citing a person familiar with the negotiations. However, though the new company would be kept in United's hometown, its executives are expected to step aside for U.S. Airways Chief Executive Doug Parker and its president, Scott Kirby, the newspaper reported. If United were to merge with Phoenix-based U.S. Airways, it would create the second-largest airline in the country, with the proposed Delta Air Lines and Northwest merger being slightly larger. Shares of UAL and U.S. Airways were each up a fraction to $13.82 and $7.14, respectively.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 12, 2008 3:23 PM [GMT] ¦ comment?
found in Business: Markets
UAL appoints John Tague as COO
NEW YORK (MarketWatch) -- United Airlines parent UAL Corp. announced Thursday that Pete McDonald would step down as the company's chief operating officer to be replaced by John Tague, who most recently served as chief revenue officer. The Chicago-based airline operator said McDonald would remain on as UAL's chief administrative officer, responsible for corporate policy and strategy regarding customer and employee experience. UAL said the new appointments will help streamline its organization and enable the company accelerate improvements in its revenue and cost performance. As COO, Tague will be responsible for airport operations, alliances, international and regulatory affairs, as well as revenue management. Shares of UAL closed Wednesday at $13.82, down 2.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 8, 2008 12:50 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- United Airlines parent UAL Corp. announced Thursday that Pete McDonald would step down as the company's chief operating officer to be replaced by John Tague, who most recently served as chief revenue officer. The Chicago-based airline operator said McDonald would remain on as UAL's chief administrative officer, responsible for corporate policy and strategy regarding customer and employee experience. UAL said the new appointments will help streamline its organization and enable the company accelerate improvements in its revenue and cost performance. As COO, Tague will be responsible for airport operations, alliances, international and regulatory affairs, as well as revenue management. Shares of UAL closed Wednesday at $13.82, down 2.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 8, 2008 12:50 PM [GMT] ¦ comment?
found in Business: Markets
Airline stocks tumble on fresh record-high oil prices
NEW YORK (MarketWatch) -- Record-high oil prices and declining passenger traffic were sinking airline stocks early Tuesday. At last check, the Amex Airline Index declined 2% to 23.13 points with all but one of its 14 components in the red. Crude-oil futures were a little lower recently after hitting a fresh record high of $120.93 earlier this morning. Late Monday, U.S. Airways and United Airlines parent UAL Corp. reported declines in April traffic, raising fresh concern that a U.S. economic slowdown will keep people from flying. Shares for U.S. Airways fell 4.1% to $7.98 and UAL lost 3.5% to $14.48.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 6, 2008 1:41 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Record-high oil prices and declining passenger traffic were sinking airline stocks early Tuesday. At last check, the Amex Airline Index declined 2% to 23.13 points with all but one of its 14 components in the red. Crude-oil futures were a little lower recently after hitting a fresh record high of $120.93 earlier this morning. Late Monday, U.S. Airways and United Airlines parent UAL Corp. reported declines in April traffic, raising fresh concern that a U.S. economic slowdown will keep people from flying. Shares for U.S. Airways fell 4.1% to $7.98 and UAL lost 3.5% to $14.48.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 6, 2008 1:41 PM [GMT] ¦ comment?
found in Business: Markets
Kellner Thwarts the Voracious Deal Machine
The Deal Machine, consisting of bankers, lawyers, investors and others, is hard to resist -- but that is just what Continental CEO Larry Kellner did when he thwarted powerful forces to avoid a merger with UAL.
Wall Street Journal – May 6, 2008 12:03 AM [GMT] ¦ comment?
found in Business: Markets
The Deal Machine, consisting of bankers, lawyers, investors and others, is hard to resist -- but that is just what Continental CEO Larry Kellner did when he thwarted powerful forces to avoid a merger with UAL.
Wall Street Journal – May 6, 2008 12:03 AM [GMT] ¦ comment?
found in Business: Markets
Airline stocks fall into the red as oil prices rise
NEW YORK (MarketWatch) -- Airline stocks were in the red early Monday as the price of crude oil climbed northward. The Amex Airline Index lost 1.7% to 23.87 points at last check with all of its components trading down. Crude oil for June delivery gained 47 cents at $116.79 a barrel in electronic trading on the New York Mercantile Exchange. Major carriers, hard hit by the high cost of jet fuel, were all showing losses. Meanwhile, United Airlines and U.S. Airways could announce a merger by next week, The Wall Street Journal reported, but that didn't help their stocks. United parent UAL Corp. lost a fraction to $15.74 and U.S. Airways shed 1.3% to $8.61.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 5, 2008 1:41 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Airline stocks were in the red early Monday as the price of crude oil climbed northward. The Amex Airline Index lost 1.7% to 23.87 points at last check with all of its components trading down. Crude oil for June delivery gained 47 cents at $116.79 a barrel in electronic trading on the New York Mercantile Exchange. Major carriers, hard hit by the high cost of jet fuel, were all showing losses. Meanwhile, United Airlines and U.S. Airways could announce a merger by next week, The Wall Street Journal reported, but that didn't help their stocks. United parent UAL Corp. lost a fraction to $15.74 and U.S. Airways shed 1.3% to $8.61.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – May 5, 2008 1:41 PM [GMT] ¦ comment?
found in Business: Markets
United Airlines may ask for credit revision: report
Reuters - UAL's United Airlines is mulling asking its banks to rejig the terms of its credit facility in an effort to get crucial financial flexibility, the Financial Times reported on Monday.
Yahoo! – May 5, 2008 08:36 AM [GMT] ¦ comment?
found in Business: Economy
Reuters - UAL's United Airlines is mulling asking its banks to rejig the terms of its credit facility in an effort to get crucial financial flexibility, the Financial Times reported on Monday.
Yahoo! – May 5, 2008 08:36 AM [GMT] ¦ comment?
found in Business: Economy
Airlines pressured on oil rebound
NEW YORK (MarketWatch) -- A snapback in oil prices Wednesday was putting pressure on shares for major carriers while United Airline pilots voiced criticism over the carrier's contemplated merger with U.S. Airways. The Amex Airline Index lost a fraction at last check to 22.84 points with eight of its 14 components trading down. Crude for June delivery rose $1.01 to $116.64 a barrel in electronic trading on the New York Mercantile Exchange after selling off Tuesday. Late Tuesday, pilots from UAL Corp.'s United said a merger with U.S. Airways would be "extremely negative," raising new concerns that the Delta and Northwest deal will be the extent of industry consolidation.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Apr 30, 2008 1:45 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- A snapback in oil prices Wednesday was putting pressure on shares for major carriers while United Airline pilots voiced criticism over the carrier's contemplated merger with U.S. Airways. The Amex Airline Index lost a fraction at last check to 22.84 points with eight of its 14 components trading down. Crude for June delivery rose $1.01 to $116.64 a barrel in electronic trading on the New York Mercantile Exchange after selling off Tuesday. Late Tuesday, pilots from UAL Corp.'s United said a merger with U.S. Airways would be "extremely negative," raising new concerns that the Delta and Northwest deal will be the extent of industry consolidation.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Apr 30, 2008 1:45 PM [GMT] ¦ comment?
found in Business: Markets
Airlines rally as a stronger dollar puts pressure oil prices
NEW YORK (MarketWatch) -- Airline stocks got a much-needed boost on Tuesday as a stronger dollar was putting pressure on oil prices. The Amex Airline Index rose 1.8% to 22.18 points with all but one of its 14 components trading up. Crude oil for June delivery dropped $1.95 to $116.80 a barrel on the New York Mercantile Exchange. Leading the way upwards were the major carriers, which have been feeling the brunt of record-high jet fuel prices. American parent AMR Corp. climbed 7.1% to $8.29; Delta Air Lines rose 6.7% to $7.68; and Northwest was up 8.5% to $8.30. U.S. Airways , which is in reported merger talks with United Airlines, was down 1.2% to $8.50. United parent UAL Corp. added 7% to $15.48.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Apr 29, 2008 1:42 PM [GMT] ¦ comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Airline stocks got a much-needed boost on Tuesday as a stronger dollar was putting pressure on oil prices. The Amex Airline Index rose 1.8% to 22.18 points with all but one of its 14 components trading up. Crude oil for June delivery dropped $1.95 to $116.80 a barrel on the New York Mercantile Exchange. Leading the way upwards were the major carriers, which have been feeling the brunt of record-high jet fuel prices. American parent AMR Corp. climbed 7.1% to $8.29; Delta Air Lines rose 6.7% to $7.68; and Northwest was up 8.5% to $8.30. U.S. Airways , which is in reported merger talks with United Airlines, was down 1.2% to $8.50. United parent UAL Corp. added 7% to $15.48.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Apr 29, 2008 1:42 PM [GMT] ¦ comment?
found in Business: Markets