Embraer SA (EMBR3) and Bombardier Inc. (BBD/B) split an order for 90 jets from American Airlines Group Inc. (AAL:US) with a list value of $3.9 billion as the newly merged carrier adds larger planes to its regional fleet.
The global airline industry expects its profits to jump to a record high next year, helped by falling jet fuel prices, rising travel demand and cost-cutting.
The number of new foreclosure filings -- which includes default notices, auctions and bank repossessions -- dropped 15% to a total of 113,454 properties in November, according to RealtyTrac, an online marketer of foreclosed properties.
It's a big day for IPOs: hospitality company Hilton Worldwide Hilton Worldwide returns to the market under the ticker HLT, while Philadelphia-based food service company Aramark Aramark is also returning to the market, this time under the ticker ARMK.
Dec. 12 (Bloomberg) -- In today's �Movers & Shakers,� Betty Liu reports that Stanley Fischer is said to be President Barack Obama's top choice for Fed Vice-Chair on Bloomberg Television's �In The Loop.