American Is Doing Great But US Airways Merger Still Needed, CEO Says
"If the proposed AMR transaction is ultimately abandoned, event-driven investors would likely exit the stock," McAdoo wrote in a report. "But since recent record operating results, even in light of a soft economic environment and with $100 a barrel oil, suggest strong 2014 free cash flow, we believe there will be meaningful renewed investor interest in a standalone US Airways."
-- Written by Ted Reed in Charlotte, N.C.
>To contact the writer of this article, click here: Ted Reed
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts