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Startup Twelve raises $645 mln from backers including TPG and Alaska Airlines- WSJ

MEDIA-Startup Twelve raises $645 mln from backers including TPG and Alaska Airlines- WSJ -- Source link: https://tinyurl.com/2tjjz8r6 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Commerzbank, CVC Updates: Rogers Communications, Organon Sept 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2035 GMT on Wednesday: ** Commerzbank CBKG.DE is poised to put CFO Bettina Orlopp in charge of talks with UniCredit CRDI.MI when the German bank's supervisory board meets next week, two people with knowledge of the matter said, as the Italian rival eyes a takeover.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds PJT Partners, Rogers Communications, Organon, Eneos Holdings Updates: Alaska Airlines, Legal & General Sept 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1530 GMT on Wednesday: ** PJT Partners PJT.N , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May Nasrallah, deNovo said in a statement on Wednesday.
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Alaska CEO sees 'significant improvement' at Boeing after door plug incident

UPDATE 1-Alaska CEO sees 'significant improvement' at Boeing after door plug incident Adds details, comments from interview in paragraphs 3-5 and 6-8 By David Shepardson Sept 18 (Reuters) - Alaska Airlines CEO Ben Minicucci said the airline has seen "significant improvement" at troubled planemaker Boeing in recent months after a door plug missing key bolts blew off one of the carrier's new 737 MAX 9 jets at 16,000 feet in January.
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Alaska Airlines completes $1.9 billion acquisition of Hawaiian

UPDATE 1-Alaska Airlines completes $1.9 billion acquisition of Hawaiian Adds more details, comments from CEO in interview in paragraphs 3-9 By David Shepardson Sept 18 (Reuters) - Alaska Airlines ALK.N said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines HA.O after reaching an agreement with the U.S. Department of Transportation.
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Alaska Airlines Completes Acquisition Of Hawaiian Airlines, Expanding Benefits And Choice For Travelers

BRIEF-Alaska Airlines Completes Acquisition Of Hawaiian Airlines, Expanding Benefits And Choice For Travelers Sept 18 (Reuters) - Alaska Air Group Inc ALK.N : ALASKA AIRLINES COMPLETES ACQUISITION OF HAWAIIAN AIRLINES, EXPANDING BENEFITS AND CHOICE FOR TRAVELERS ALASKA AIR GROUP - IN INTERIM, CO, HAWAIIAN AIRLINES AIRLINES TO CONTINUE TO OPERATE AS
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Alaska CEO sees 'significant improvement' at Boeing after door plug incident

Alaska CEO sees 'significant improvement' at Boeing after door plug incident Sept 18 (Reuters) - Alaska Airlines CEO Ben Minicucci said the airline has seen "significant improvement" at troubled planemaker Boeing in recent months after a door plug missing key bolts blew off one of the carrier's new 737 MAX 9 jets at 16,000 feet in January. "We saw a lot of significant improvement in the last few months," Minicucci said in an interview, adding he spoke recently to new Boeing BA.N CEO Kelly Ortber
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Alaska Airlines completes acquisition of Hawaiian

Alaska Airlines completes acquisition of Hawaiian Sept 18 (Reuters) - Alaska Airlines ALK.N said Wednesday it has completed its $1.9 billion acquisition of Hawaiian Airlines after it reached agreement with the U.S. Transportation Department. The airlines on Tuesday agreed to maintain key Hawaiian routes and adopt consumer protections under an agreement that will last six years.
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New York Times business news - Sept 18

PRESS DIGEST-New York Times business news - Sept 18 Sept 18 (Reuters) - 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 Biden administration is granting a request by Japan's Nippon Steel 5401.T to resubmit its filing with the Committee on Foreign Investment in the United States for approval to purchase U.S.
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Alaska Air Group Announces Interim Honolulu Leadership Team To Guide Combination With Hawaiian Airlines

BRIEF-Alaska Air Group Announces Interim Honolulu Leadership Team To Guide Combination With Hawaiian Airlines Sept 17 (Reuters) - Alaska Air Group Inc ALK.N : ALASKA AIR GROUP ANNOUNCES INTERIM HONOLULU LEADERSHIP TEAM TO GUIDE COMBINATION WITH HAWAIIAN AIRLINES ALASKA AIR GROUP INC - REGIONAL PRESIDENT OF HAWAI'I/PACIFIC, JOE SPRAGUE, WILL BE NAME
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Sept 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday: ** The U.S. Transportation Department said it had agreed to allow Alaska Airlines ALK.N to close on its $1.9 billion acquisition of Hawaiian Airlines HA.O , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections.
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Alaska Airlines, Hawaiian can close merger deal, DOT says

UPDATE 2-Alaska Airlines, Hawaiian can close merger deal, DOT says Adds deal set to close on Wednesday, USDOT comment, closing share price By David Shepardson WASHINGTON, Sept 17 (Reuters) - The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines ALK.N to close on its $1.9 billion acquisition of Hawaiian Airlines HA.O , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections.
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Alaska Airlines, Hawaiian can close merger deal, DOT says

Alaska Airlines, Hawaiian can close merger deal, DOT says WASHINGTON, Sept 17 (Reuters) - The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines ALK.N to close on its $1.9 billion acquisition of Hawaiian Airlines HA.O , after the carriers agreed to maintain key Hawaiian routes and adopt consumer protections. The Justice Department in August opted not to block the deal that was announced in December by Alaska, the fifth-largest domestic U.S.
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US FAA chief to testify before Congress on Sept 24 on Boeing quality plan

UPDATE 1-US FAA chief to testify before Congress on Sept 24 on Boeing quality plan Adds no immediate Boeing comment, more on FAA oversight, comments from U.S. Senator Richard Blumenthal and FAA administrator By David Shepardson WASHINGTON, Sept 16 (Reuters) - The head of the Federal Aviation Administration ( FAA) will testify on Sept. 24 before the House of Representatives Transportation Committee on Boeing's BA.N quality improvement plan, the committee said Monday.
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U.S. STOCKS Uber, silver miners, Arm

BUZZ-U.S. STOCKS ON THE MOVE-Uber, silver miners, Arm Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week, while Photoshop maker Adobe tumbled after forecasting fourth-quarter earnings below estimates.
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TD Cowen hikes Alaska Air's PT on upbeat third-quarter forecast

BUZZ-TD Cowen hikes Alaska Air's PT on upbeat third-quarter forecast ** TD Cowen raises PT on Alaska Air Group's ALK.N stock to $52 from $51 ** ALK.N shares up ~3% at $41 ** Co expects its Q3 revenue per available seat mile (RASM), an important metric in aviation industry, to rise about 2%, compared with its prior view of 'flat to positive' ** Carr
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U.S. Constellation Energy, Eli Lilly, Talen Energy

U.S. RESEARCH ROUNDUP-Constellation Energy, Eli Lilly, Talen Energy Sept 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Energy, Eli Lilly and Talen Energy, on Friday. HIGHLIGHTS * Constellation Energy Corp CEG.O : Jefferies initiates with hold rating; target $183 * Eli Lilly LLY.N : JP Morgan raises target price to $1,100 from $1,050 * Moderna MRNA.O : JP Morgan cuts to underweight from neutral * Vo
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Boeing and union negotiators to resume talks next week amid strike, federal mediators say

UPDATE 14-Boeing and union negotiators to resume talks next week amid strike, federal mediators say About 30,000 workers in Seattle and Portland areas on strike Boeing already wrestling with output delays, high debt Strike poses a challenge for new CEO Kelly Ortberg Shares down 3.7% Recasts with plan to resume talks By Joe Brock and David Shepardson SEATTLE, Sept 13 (Reuters) - Boeing BA.N and union negotiators will return to the bargaining table early next week, U.S.
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NTSB chair told Boeing CEO that planemaker has safety culture problem

UPDATE 1-NTSB chair told Boeing CEO that planemaker has safety culture problem Adds no immediate Boeing comment in paragraph 5, more details from NTSB Chair in paragraphs 3-5,8 By David Shepardson and Tim Hepher WASHINGTON, Sept 12 (Reuters) - The chair of the National Transportation Safety Board told new Boeing Co BA.N CEO Kelly Ortberg that the planemaker "has a safety culture problem" that must be addressed.
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US FAA head to testify before Senate panel on Boeing oversight

UPDATE 1-US FAA head to testify before Senate panel on Boeing oversight Add more details, background in paragraphs 4-8 By David Shepardson WASHINGTON, Sept 12 (Reuters) - The head of the Federal Aviation Administration will testify on Sept. 25 before the Senate Permanent Subcommittee on Investigations on the planemaker's oversight of Boeing BA.N , a committee aide told Reuters.
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