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Wednesday, April 23, 2014

Takeover Digest- New York Times business news - April 23, (NASDAQ: JBLU)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * The United States Court of Appeals in Manhattan on Tuesday picked apart the government's case against two former hedge fund traders, Todd Newman and Anthony Chiasson, questioning whether the judge in the trial erred when instructing jurors. In an hour-long hearing, a three-judge panel hinted that it might overturn the convictions, the first real threat to Preet Bharara's sweeping campaign as a United States attorney to root out insider trading on Wall Street. (r.reuters.com/guz68v)* After twice rejecting offers to unionize since 2009, JetBlue Airways pilots overwhelmingly agreed to be represented by the Air Line Pilots Association, the union said on Tuesday. (r.reuters.com/kuz68v)

JetBlue Airways Corporation (JetBlue) is a passenger airline that operates primarily on point-to-point routes with its fleet of 120 Airbus A320 aircraft and 49 EMBRAER 190 aircraft. Shares of JBLU fell by 1.94% or $-0.17/share to $8.59. In the past year, the shares have traded as low as $5.95 and as high as $9.45. On average, 6526910 shares of JBLU exchange hands on a given day and today's volume is recorded at 12219746.



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