This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Virgin Atlantic Names Craig Kreeger CEO: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include Virgin Atlantic Airways as the airline has appointed a new CEO.

Richard Branson's airline has appointed Craig Kreeger to the position; Kreeger comes from American Airlines, where he served as senior vice president. Kreeger will replace Steve Ridgway, who said this past September that he planned to retire. Ridgway has run Virgin Atlantic since 2001.

Ridgway will assist Kreeger in his transition to CEO until the end of February. Kreeger will be taking over as the airline enters a new phase, having just come to an agreement with Delta Air Lines (DAL - Get Report) in which Delta will buy a 49% stake in the British carrier.

Sears Holdings Corp (SHLD - Get Report) is trending as the retailer announced that its CEO Louis D'Ambrosio will step down.

D'Ambrosio, who is said to be leaving for family health reasons, will be replaced by Edward Lampert. Lampert will take on the position in addition to his current role as chairman.

Lampert will take over as Sears faces a series of sales declines. The company has been focused on a turnaround over the past year, cutting costs, closing stores and selling off assets. While shares have risen over 47% over the past year, more store closures and cutbacks have already been announced.

Eurozzone is another popular search. The rate of unemployment in the region hit a new high in November -- with 113,000 people losing their jobs.

Unemployment rose to 11.8%, or 18.82 million people, according to the EU's statistics office Eurostat.

The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

-- Written by Brittany Umar.
Brittany joined TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DAL $47.21 0.00%
SHLD $25.61 0.00%
AAPL $112.12 0.00%
FB $93.24 0.00%
GOOG $643.61 0.00%


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs