Responding to sagging market demand, top Japanese steel makers reportedly mull the drastic step of temporarily shutting down as early as this month.
Results 1 - 10 of 897 for "APA"
The integration of Barclays Capital and Lehman Brothers’s North American investment banking team continued apace on Monday, as the British firm announced its deal-makers leadership team. Of the executives named in Barclays Capital’s announcement, all but a few are veterans of Lehman, which collapsed in September. All of the 15 sector verticals hail from Lehman, whose [...]
Struggling airline will cut system capacity next year on waning demand.
Filed under: Delta Air Lines (DAL)Delta may still be ready when you are, but in 2009 they're not going to be as big. Citing the global recession, Delta (NYSE: DAL) announced that it will cut an additional 6-8% of capacity in 2009. The move will result in an up to 10% reduction in domestic capacity, when one includes the impact of previously-announced operational cuts. Delta also said it will el...
As a result of tumbling fuel prices, unprecedented capacity reductions and added revenue from new fees, several airlines reiterated their positive outlooks Tuesday, saying they expect a turnaround worth billions of dollars.
The Finns leave Japan. Will the Steves leave, too?
Given the sharp moves we've seen in the US Treasury market over the last several days, we updated our trading range charts of major international 10-year government bond yields. In each chart the blue shading represents 2 standard deviations above and below the yield's 50-day moving average. As shown below, the sharp declines have not been confined to just the US. In five of the six countries/r...
Multinational corporations, for several quarters, saw their earnings grow as a result of the weakness of the U.S. dollar. Since the dollar reversed course and began to strengthen in the mid-summer, this advantage has eroded. After reporting third-quarter earnings, the guidance issued by many multinational companies was based on certain assumptions of the dollar’s strength. Some of those c...
CHICAGO (Reuters) - Delta Air Lines , which bought a rival carrier, downsized and cut 2,000 jobs this year, said on Tuesday it would trim 6 percent to 8 percent of its capacity in 2009 as travel demand wanes.
Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today
Tue, Dec 2, 11:31 AM ET
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but recall the moment eight years ago when I realized the U.S. auto industry was skidding toward a financial c...