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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
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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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
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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.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
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