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UBS Remains Sidelined on American Airlines (AAL) After Meeting with Union Leaders

Go back to UBS Remains Sidelined on American Airlines (AAL) After Meeting with Union Leaders

Wall Street hits record highs, dollar gains vs. yen

November 21, 2016 8:05 PM EST

By Sam Forgione

NEW YORK (Reuters) - U.S. and European shares rose on Tuesday, with Wall Street's three main stock indexes hitting record highs for a second straight day, on expectations that markets would benefit from U.S. President-elect Donald Trump's policies.

The Dow topped 19,000 points and the S&P 500 moved past 2,200 points for the first time ever, while the pan-European STOXX 600 index and the FTSEurofirst 300 of top regional shares climbed to their highest levels since Nov. 10.

U.S. shares have rallied since the Nov. 8 U.S. election as Trump has promised tax cuts,... More

U.S. tentatively blocks American Airlines-Qantas expansion

November 18, 2016 10:55 AM EST

WASHINGTON (Reuters) - Plans by American Airlines Group Inc (NASDAQ: AAL) and Qantas Airways Ltd to expand their alliance for flights between the United States and Australasia were tentatively denied by the U.S. Transportation on Friday, the agency said, citing competition concerns.

The carriers submitted their application in June 2015, several months before American started flights between the United States and Australia. The... More

Citi Starts American Airlines (AAL) at Buy

November 18, 2016 6:33 AM EST

Citi initiated coverage on American Airlines (NASDAQ: AAL) with a Buy rating.

For an analyst ratings summary and ratings history on American Airlines click here. For more ratings news on American Airlines click here.

Shares of American Airlines closed at $45.83 yesterday.

... More