Market News

AMR (AMR)

The United States Department of Transportation gave its tentative approval to grant antitrust immunity to AMR Corp.'s American Airlines (American Airlines) and its four oneworld partners to form a global alliance.
If the decision is made final, American Airlines and its oneworld alliance partners British Airways, Iberia Airlines, Finnair and Royal Jordanian Airlines would be able to more closely coordinate international operations in transatlantic markets.

Feb 15 · 6:54:00 PM · Source: Reuters
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by Michael Oliveto

ABB (ABB)

ABB said it has won an order worth $107 million from Societe Nationale d'Electricite, the national power company in the Democratic Republic of Congo.
ABB will refurbish the stations that convert alternating current to direct current and back on the 560 megawatt Inga-Kolwezi power transmission link. -The 1,700 kilometer system was built by ABB in 1982 and was, at that time, the world's longest transmission line.

Feb 15 · 6:51:00 PM · Source: Easy Bourse
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by Michael Oliveto

SkyWest (SKYW)

SkyWest reported a 9.9 percent increase in revenue passenger miles (RPMs) for January, while available seat miles (ASMs) increased 8.4 percent compared to the same period last year.
The combined airlines generated 1.37 billion RPMs for the month, while ASMs increased to 1.87 billion. Load factor was up 1.0 percentage points to 73.3 percent compared to 72.3 percent for the same period last year. Passenger boardings for January totaled 2,737,931 a 12.0 percent increase from January 2008.

Feb 15 · 6:45:00 PM · Source: PR-USA
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by Michael Oliveto

Harsco (HSC)

Harsco announced that its Harsco Rail unit has been awarded a new $6 million order from the Washington Metropolitan Area Transit Authority for production of Utility Track Vehicle (UTV) prime movers.
Deliveries will begin in January 2011 and continue into the second quarter.

Feb 15 · 6:28:00 PM · Source: Reuters
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by Michael Oliveto

Badger Meter (BMI)

Badger Meter Inc. declared a regular quarterly dividend in the amount of $.12 per share payable February 15, 2010 to shareholders of record on February 26, 2010.
At today''s $35.41 stock price the dividend yield is 1.36%.

Feb 15 · 6:19:00 PM
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by Michael Oliveto

AirTran (AAI)

AirTran will add another destination on its route map starting May 6 when it will begin to serve Tunica, Mississippi from Atlanta. One-way introductory rates of $49 each way are offered on trips finished on or before June 14.
Tunica is one of the fastest growing resort areas in the country and notable for its gaming opportunities at Bally's Casino, Sheraton Casino & Hotel, Harrah’s Casino Tunica, Horseshoe Casino & Hotel Tunica and Tunica Roadhouse Casino & Hotel.

Feb 15 · 6:11:00 PM · Source: ajc
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by Michael Oliveto

Southwest Airlines (LUV)

Southwest Airlines said it will sell tickets starting at $39 each way on some routes under 500 miles.
As usual, the airline didn't say how many seats it will offer at the sale prices, and Friday and Sunday flights aren't included. The sale ends Thursday and covers travel from March 15 through May 25.

Feb 15 · 6:00:00 PM · Source: Las Vegas Sun
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by Michael Oliveto

Illinois Tool Works (ITW)

Illinois Tool Works reported a total Company operating revenue increase of 9 percent for the three months ended January 31, 2010 versus the year-ago period.
The growth in revenues consisted of acquisitions and currency translation contributing 1 percent and 10 percent, respectively. Base revenues declined 2 percent in the three-month period. The base revenue decline of 2 percent in the most recent period improved versus the 2009 fourth quarter when base revenue declined 10 percent on a year-over-year basis. This improvement was largely due to easier January comparisons and the substantial improvement in the North American automotive OEM end market.

Feb 15 · 5:56:00 PM · Source: Reuters
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by Michael Oliveto

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