AMR 401(k) manager drops company stock

Article Abstract:

U.S. Trust Co. which is AMR Corp.'s independent fiduciary that is handling the individual retirement accounts of American Airlines' employees, has dropped AMR stock as an investment option. AMR is likely to go into bankruptcy and this would wipe out stockholders investments.

Commercial Banks, Investment Banking and Securities Dealing, Management dynamics, Securities issued, listed, Bank Individual Retirement Accounts, Employee Loan & Savings Plans, Banking industry, Management, Securities, Individual retirement accounts, Salary reduction savings plans, 401K plans, Company business management, Company securities, United States Trust Company of New York

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Airline industry expects bumpy ride to recovery

Article Abstract:

Experts predict that the U.S. airline industry will continue to experience losses. Of the ten largest U.S. companies, only Southwest Airlines has remained profitable. Continental lost $451 million in 2002.

Sales, profits & dividends, Forecasts, trends, outlooks, Sales & consumption, Company sales and earnings, Company earnings/profit, Continental Airlines Inc., Southwest Airlines Co., LUV, Industry sales and revenue, Industry forecasts

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AMR loses over $1B in first quarter

Article Abstract:

AMR's earnings report shows loses over $1 billion for the first-quarter of 2003. Topics include the financial drain from its subsidary, American Airlines, cash flow problems, and business losses.

Financial management, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Subsidiary corporations, Subsidiaries, Cash flow, Company financing, Business losses, Subsidiaries, divisions and units, Income statements

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