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Tag Archives: British Airways

Overnight Market News – July 30, 2010

30-Jul-10

Merck & Co Inc Posts Q02 2010 Earnings per Share, Excluding One-Offs of USD 0.86 up from USD 0.83 a Year Ago and Topping Wall Street Views for Flat Results French Oil Company, Total SA Posts 43% Increase in Q02 2010 Profit to EUR 3.1B (USD 4.05B) Lifted by Higher Production and Oil Prices Hong [...]

Overnight Market News – April 8, 2010

08-Apr-10

Bank of England Keeps Interests Rates at Record LO of 0.5% and Holds Asset-Buying Programme at GBP 200B British Airways Plc and Iberia SA Signs Merger Deal Creating Europe’s Third Largest Airline Carrier Costco Wholesale Corp’s Same-Store-Sales in March Rise 10% on Increased Gasoline Prices and Strong Foreign Currencies UAL Corp’s United Airlines and US [...]

Overnight Market News – November 13, 2009

13-Nov-09

Eurozone Economy Exits Recession in Third Quarter, Grows 0.4% Compared with Previous Quarter British Airways PLC, Iberia Lineas Aereas de Espana SA Agree to USD 7B Merger Citigroup Inc Near Finalizing the JPY 100B (USD 1.1B) Sale of Japan’s Biggest Telemarketer, Bellsystem24, to Private-Equity Firm Bain Capital Inc The Walt Disney Co (NYSE: DIS) Profits [...]

Overnight Market News – November 6, 2009

06-Nov-09

Today’s US Labour Department Report Likely to Show Unemployment Rose to Annual Rate of 9.9% on 175,000 Job Losses in October British Airways PLC Records Worst First Half Performance in History with Pre-Tax Loss of GBP 292mm versus Pre-Tax Profit of GBP 52mm a Year Ago Royal Bank of Scotland Group PLC Swings to Third [...]

Overnight Market News – July 31, 2009

31-Jul-09

US Commerce Report Due Today Likely to Show Recession Slowed in Q02 2009, Economists Anticipate Annualized Contraction of 1.5% European Statistics Office Reports Euro Zone Unemployment Rate at 10-Year HI of 9.4% in June from May, Consumer Prices Fell 0.6% in June Year-Over-Year (yoy) Japanese Consumer Prices Decline for Fourth Straight Month, Falling by a [...]

Overnight Market News – July 29, 2009

29-Jul-09

Microsoft Corp and Yahoo Inc Nears Agreement to Online Search and Advertisement Partnership, Expects to Announce Deal Within 24 Hours Honda Motor Co Inc Posts First Quarter Profit of USD 79.8mm Beating Analysts’ Estimates of a Loss, Raises Full Year Forecasts Time Warner Inc Posts Second Quarter Earnings of USD 0.43 per Share and Revenue [...]

Overnight Market News – July 17, 2009

17-Jul-09

Bank of America Corp Posts Second Quarter Profit of USD 3.4B or USD 0.33 per share, Topping Estimates of USD 0.28 per share General Electric Co’s Second Quarter Profit Declines by Almost Half to USD 2.67B or USD 0.26 per Share, Still Ahead of Analysts’ Estimates of USD 0.24 per Share British Airways Plc to [...]

British Airways Posts Huge Annual Loss

23-May-09

There have been turbulent skies for British Airways for FY 2008/2009 as it was forced to post its biggest annual loss since the airline was privatized in 1987. The company reported a loss before tax of GBP401M for the year ended March 31, vs. a profit of GBP922M (yoy) as fuel prices jumped 44.5% on [...]

Overnight Market News – May 22, 2009

22-May-09

BankUnited Financial Corp Fails, to Cost US Federal Deposit Insurance Corp Approximately USD 4.9B UK Gross Domestic Product (GDP) Contracts 1.9% in Q01 2009 on Record Declines in Consumer Spending and Production Bank of Japan Upgrades Economic Outlook, Holds Key Interest Rate Unchanged British Airways Plc Posts Record Annual Net Loss of GBP 375mm vs [...]

Financial News Summary – May 22, 2009

22-May-09

- British Airways Posts Record Loss – BankUnited FSB Collapses in Biggest US Bank Failure for 2009 – Standard & Poor’s Cuts UK’s Rating Outlook to Negative from stable – Hormel Foods Corp Second Quarter Profit Beats Estimates – Taiwan’s Economy Contracts by Record 10.2% in Q01 2009