Business

American Airlines Group, Inc

American Airlines Group, Inc

On average, equities analysts forecast that American Airlines Group will post $5.21 EPS for the current year. Adjusted earnings per share (EPS ) for the three months came in at US$1.92 against the US$1.87 projected by Wall Street consensus, while revenue flew up to US$11.11bn compared to the US$11.08bn projected.


Treasury Department axes Obama-era myRA retirement savings program

Treasury Department axes Obama-era myRA retirement savings program

At the end of previous year, only about 20 ,000 people had opened an account, with each account carrying a median $500 balance, according to Treasury. However, the program never became popular or widely promoted, and the Treasury Department said it was ending the program after a review found it wasn't cost effective.



Revisit the buy and-hold case for Yamana Gold Inc. (NYSE:AUY)

Finally, Exane Derivatives increased its stake in Yamana Gold by 151.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 4,795,627 shares of the basic materials company's stock worth $13,236,000 after buying an additional 2,817,968 shares in the last quarter.


Laurene Powell Jobs Buys a Majority Stake in 'The Atlantic'

Laurene Powell Jobs Buys a Majority Stake in 'The Atlantic'

David G Bradley, chairman of Atlantic Media , the parent company, will continue to hold a minority stake in the business and will run The Atlantic for "at least the next three to five years", the publisher said. "Emerson and his partners, including Henry Wadsworth Longfellow, Oliver Wendell Holmes, and Harriet Beecher Stowe, created a magazine whose mission was to bring about equality for all people; to illuminate and defend the American idea; to celebrate American culture and literature; ...


The Benin Management CORP Increases Stake in Exxon Mobil Corporation (XOM)

The Benin Management CORP Increases Stake in Exxon Mobil Corporation (XOM)

On Friday, March 18 the stock rating was maintained by Goldman Sachs with "Conviction Buy". They set a "hold" rating for the company. If the market is performing well and the stock is over-valued, XOM might be a good investment at this point but if the market is dropping down, you might not consider buying the stock .


Wells Fargo agrees to pay $80M to resolve auto loan insurance dispute

Wells Fargo agrees to pay $80M to resolve auto loan insurance dispute

The contract permitted Wells Fargo to purchase collateral protection insurance from a vendor if there was no evidence the customer already had secured that insurance. The additional costs of the insurance could have led to as many as 20,000 vehicles being repossessed. "Upon our discovery, we acted swiftly to discontinue the program and immediately develop a plan to make impacted customers whole".