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Wednesday, April 4, 2012

Market Chatter -- Corporate finance press digest, (NYSE: LCC)

The following corporate finance-related stories were reported by media on Wednesday: * Toshiba Corp plans to build a new NAND flash memory plant in Japan as early as this summer as demand for mobile devices continues to expand, the Nikkan Kogyo newspaper reported on Wednesday.* US Airways Group sees $1.5 billion in synergies from a potential merger with AMR Corp, the bankrupt parent of American Airlines, The Wall Street Journal reported on Tuesday.

US Airways Group, Inc. (US Airways Group) is a holding company whose business activity is the operation of network air carrier through its wholly owned subsidiaries US Airways, Inc. Shares of LCC traded higher by 3.61% or $0.27/share to $7.74. In the past year, the shares have traded as low as $3.96 and as high as $10.35. On average, 8433550 shares of LCC exchange hands on a given day and today's volume is recorded at 6950980.



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