On Friday, Shares of American Airlines Group Inc (NASDAQ:AAL), gained 3.93% to $44.97.
The Communications Workers of America and the International Brotherhood of Teamsters (CWA-IBT), representing the 14,500 U.S.-based passenger service employees at American Airlines, declared that their members approved a new five-year contract, counting immediate and noteworthy pay raises.
“Our passenger service employees have played a critical role in the integration of our airline and we rely on them to give our customers the best service in the industry,” said Kerry Philipovitch, American Airlines Senior Vice President – Customer Experience. “We could not be more happy to provide compensation that reflects their contributions toward the airline’s success. This agreement is a huge step in making us truly one combined team, and we thank the CWA-IBT for their professionalism in advocating for their members.”
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers.
Shares of HCA Holdings Inc (NYSE:HCA), declined -0.18% to $67.25, during its last trading session.
HCA Holdings, declared that its wholly-owned partner, HCA Inc., proposes to offer, subject to market and other considerations, $500 million aggregate principal amount of 5.875% senior notes due 2026. The notes will trade interchangeably with the $1.0 billion aggregate principal amount of 5.875% senior notes due 2026 issued by HCA Inc. on November 13, 2015. HCA Inc. intends to use the net proceeds of this offering for general corporate purposes.
Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, UBS Investment Bank and Wells Fargo Securities are acting as the joint book-running managers for the offering.
HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
Finally, Shares of American Electric Power Company Inc (NYSE:AEP), ended its last trade with 2.08% gain, and closed at $55.84.
Assurance filed its second petition with the Federal Energy Regulatory Commission (FERC) seeking additional declarations that will provide regulatory clarity to further enable transmission-owning entities to take part in and subscribe to the service to strengthen transmission grid resiliency.
Eight electric utilities and energy companies declared June 10 that they had signed a memorandum of understanding to pursue development of Grid Assurance™, a limited liability company that anticipates to offer subscribers cost-effective solutions for enhancing transmission grid resiliency and protecting customers from prolonged transmission outages. In an Aug. 7 order, FERC recognized the benefits of Grid Assurance™. The consortium has since developed a Subscription Agreement and now is seeking additional regulatory clarity from FERC to enable broader transmission owner participation.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources.