Latest American Airlines Group Inc News

Intel, Broadcom rise; Harsco, American Airlines fall

Jan. 24, 2020 5:12 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Intel Corp., up $5.15 to $68.47 The world's largest chipmaker blew past Wall Street's fourth-quarter earnings expectations and gave an upbeat profit forecast. Atlassian Corp., up $14.15 to $146.79 The software company handily beat...

FILE - In this Sept. 9, 2019, file photo Southwest pilots prepare for a flight at Tampa International Airport in Tampa, Fla. Southwest Airlines Co. reports financial results Thursday, Jan. 23, 2020. (AP Photo/Mike Stewart, File)

Grounded Boeing jet holds back profits, growth at airlines

Jan. 23, 2020 4:00 PM EST

DALLAS (AP) — The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the the peak summer travel season, and that promises to lead to thousands more canceled flights and higher costs well into another year. On Thursday, American...

FILE - In this May 24, 2019, file photo, grounded Boeing 737 Max jets belonging to American Airlines are stored at Tulsa International Airport in Tulsa, Okla. American Airlines said Thursday, Jan. 2, 2020, it is negotiating with Boeing over compensation for the airline's grounded planes and will share some of the proceeds with its employees. (Tom Gilbert/Tulsa World via AP, File)

American Airlines vows to share Boeing proceeds with workers

Jan. 2, 2020 7:35 PM EST

FORT WORTH, Texas (AP) — American Airlines said Thursday it is negotiating with Boeing Co. over compensation for the airline's grounded planes and expects to share some of the proceeds with employees. American had 24 Boeing 737 Max jets when the planes were grounded worldwide in March after two deadly...

Michaels and Flexion Therapeutics rise; Darden declines

Dec. 27, 2019 4:25 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Flexion Therapeutics Inc., up $1.77 to $20.94 The FDA approved Flexion's application to update the label of its Zilretta osteoarthritis knee pain drug. Michaels Cos., up $1.98 to $8.00 The arts and crafts chain tapped former...