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Wednesday, April 23, 2014

Takeover Digest- Wall Street Journal - April 23, (NASDAQ: JBLU)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Pilots at JetBlue Airways Corp voted to unionize in an about-face that ended the carrier's status as one of the last nonunion airlines in the United States. Unionization "could result in demands that may increase our operating expenses and adversely affect our financial condition and results of operations," the airline said in the filing. (r.reuters.com/sez68v)* A new flurry of drug deals shows how the global pharmaceutical industry is reversing course, as companies narrow their focus after decades of diversifying their drug portfolios. (r.reuters.com/xez68v)

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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