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Thursday, April 24, 2014

American Airlines 1st qtr profit beats estimates, costs edge lower, (NASDAQ: AAL), (NYSE: TRI), (TSE: TRI.TO)

American Airlines Group, the world's largest carrier, on Thursday posted a higher-than-expected quarterly profit as operating expenses fell slightly.Net profit was $480 million, or 65 cents a diluted share, for the first quarter. That compares with a loss of $297 million in the year-earlier period for the combined AMR Corp and US Airways Group, which came together in a merger in late 2013.Excluding items that included a gain tied to the sale of takeoff and landing rights at Reagan National Airport in Washington, which American was required to sell by U.S. regulators, net profit for the combined company was $402 million, or 54 cents a share. That compared with $62 million in the first quarter last year.Analysts had expected a profit of 48 cents a share on average, according to Thomson Reuters I/B/E/S.

Anglo American plc (Anglo American) is a mining company. Shares of AAL traded higher by 0.97% or $0.36/share to $37.45. In the past year, the shares have traded as low as $15.28 and as high as $39.88. On average, 11156200 shares of AAL exchange hands on a given day and today's volume is recorded at 6365390.

Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.46% or $-0.16/share to $34.25. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 840058 shares of TRI exchange hands on a given day and today's volume is recorded at 172150.

Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.34% or $-0.13/share to $37.79. In the past year, the shares have traded as low as $33.02 and as high as $42.10. On average, 974842 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 142934.



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