Turnaround Investing

AMR CORPORATION AND US AIRWAYS ANNOUNCE SETTLEMENT WITH U.S. DEPARTMENT OF JUSTICE AND STATE ATTORNEYS GENERAL

U.S. AIRWAYS-NEW AMERICAN AIRLINES AGREED TO MAINTAIN ITS HUBS IN CHARLOTTE, NY, LA, MIAMI, CHICAGO, PHILADELPHIA, AND PHOENIX FOR A PERIOD OF 3 YEARS

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Etihad wins with Air Seychelles' growth, doubles international passenger traffic

Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.

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Google to invest EUR450 million in Finland post-Nokia decline

Google placed an additional EUR450 million in its data center located in Hamina, southeastern Finland.

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Greece needs to put in more effort to grow local entrepreneurship - column

A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.

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Wal-Mart reveals 2016 China e-commerce plans

Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.

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Blackstone becomes largest owner of rental properties

As it bought out properties post recession at 35% below market value, Blackstone had accumulated assets for rent to grow into a mature industry.

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Vestas bond yields fell on news of asset sales

Danish turbine maker Vestas Wind Systems A/S bond yields declined because of plans to sell off its machining and casting unit.

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