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Tuesday, January 28, 2014

American Airlines posts fourth-quarter loss after charges, (NASDAQ: AAL)

American Airlines Group Inc, the world's biggest carrier following a merger with US Airways last year, reported a loss of $2 billion, or $8.66 a share, in the fourth quarter after charges tied to its reorganization.The latest period included results for American's former parent AMR Corp for the full quarter and for US Airways from Dec. 9 - when the merger closed - through Dec. 31, the company said on Tuesday.When quarterly results for the former American and US Airways were combined, it earned a profit of $436 million, or 59 cents a share, for the most recent quarter.Combined revenue grew 8.7 percent to $10 billion, bolstered by higher fares.

Anglo American plc (Anglo American) is a mining company. Shares of AAL fell by 0.72% or $-0.22/share to $30.18. In the past year, the shares have traded as low as $12.70 and as high as $31.46. On average, 13206600 shares of AAL exchange hands on a given day and today's volume is recorded at 16400873.