There's talk of a possible merger between two major airlines facing a tight deadline and consumers are feeling better about the economy for the first time this year. Here's the Thursday Bloomberg After The Bell Report from the New York Stock Exchange.
NYSE MKT Exchange
2395.01 down 18.75
3165.13 down 3.35
Standard And Poors 500
1509.39 down 2.73
Talks between U.S. Airways and American Airlines on a potential merger are heating up. Sources tell Bloomberg the two sides are eager to reach an agreement on who would control the combined company before confidentiality agreements expire next week. If successful, the consolidation of the two carriers would create the world's largest airline.
An improving job market is fueling confidence among consumers. The Bloomberg Consumer Comfort Index climbed for the first time since the new payroll tax took effect at the beginning of the year. A separate report showed fewer Americans filed claims for unemployment.
Stocks fell on disappointing corporate earnings and Euro debt concern.
As Valentine's Day approaches, you may want to close that laptop to power up some romance. A new poll from computer company crucial.com finds 41 percent of people in a relationship say that time spent on the computer is a source of stress between them and their significant other.