4 Consumer Stock Stories Making Themselves Noticed Monday
US Airways Group (NYSE:LCC): Closing price $17.26
Following the long-awaited merger, the new American Airlines will have more top executives from the smaller but more successful US Airways than from the current American Airlines. All of five US Airways executives will follow their current Chief Executive Doug Parker when he takes the bridge after the airlines complete their proposed linkup. Three executives from American parent AMR Corp. were chosen for the new entity’s leadership team. AMR and US Airways Group hope to finalize what is still a proposed merger this summer, but it requires approval by antitrust regulators and by AMR’s bankruptcy creditors.