{"id":5572,"date":"2013-02-15T03:25:42","date_gmt":"2013-02-15T07:25:42","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=5572"},"modified":"2013-02-15T03:25:42","modified_gmt":"2013-02-15T07:25:42","slug":"major-market-movers-aamrq-gm-aapl-csco-pep","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/major-market-movers-aamrq-gm-aapl-csco-pep-5572","title":{"rendered":"Major market movers &#8211; AAMRQ, GM, AAPL, CSCO, PEP"},"content":{"rendered":"<p>The major market moving news for the day is as follows:<\/p>\n<p>American Airlines (PINK:AAMRQ) and US airways (NYSE:LCC) announces Merger. The main motive of the merger is to create the world\u2019s largest airline. The merged company will have a market value of $11 Billion. The current CEO of US airways (NYSE:LCC) Doug Parker will be the executive chairman of the merged company while the CEO of American Airlines Tom Horton will act as nonexecutive chairman. Share price of AMR Corporation (PINK: AAMRQ) is trading at $2.12 up 63.08% while the shares of US Airways (NYSE:LCC) is down 4.57% percent to close at $13.99.<\/p>\n<p>General Motors Company (NYSE:GM) earnings for the previous year fell sharp though it made profit in the last quarter. Fourth quarter profit grew 89% while profit for the entire year sank 36%. The share is trading at $28.75 down about 3.21%.<\/p>\n<p>Apple Inc. (NASDAQ:AAPL) announced their stock buyback could become more aggressive. The company is set to pay its third quarter dividend of $2.65 a share today. This could cost a total of $2.5 Billion.<\/p>\n<p>Cisco Systems Inc. (NASDAQ:CSCO) announced their second quarter results where numbers beating the expectations marginally. Revenue for the quarter was $3.1 billion against $2.2 billion Quarter on Quarter. Stock is trading almost flat at $20.86 a share down by 0.71%.<\/p>\n<p>Another company which has posted strong result is PepsiCo. Inc. (NYSE:PEP). Earnings per share stood at $1.09 a share against analyst\u2019s estimates of $1.04. The company expects to grow at 7% during the current year. The company is adding another product to its umbrella called Kick Start which is positioned as breakfast drink. The shares are trading at $72.28 up by 1.09%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The major market moving news for the day is as follows: American Airlines (PINK:AAMRQ) and US airways (NYSE:LCC) announces Merger. The main motive of the [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":5573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1699,1612,1701,1700,1002,605,632,1697,1702,1698],"stock_ticker":[],"class_list":["post-5572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-american-airlines-pinkaamrq","tag-apple-inc-nasdaqaapl","tag-cisco-systems-inc-nasdaqcsco","tag-general-motors-company-nysegm","tag-nasdaqaapl","tag-nasdaqcsco","tag-nysegm","tag-nysepep","tag-pepsico-inc-nysepep","tag-pinkaamrq","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Major market movers - AAMRQ, GM, AAPL, CSCO, PEP - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/major-market-movers-aamrq-gm-aapl-csco-pep-5572\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major market movers - AAMRQ, GM, AAPL, CSCO, PEP - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The major market moving news for the day is as follows: American Airlines (PINK:AAMRQ) and US airways (NYSE:LCC) announces Merger. 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