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Keyword: stocksfall

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  • JetBlue pilots vote to join union; shares fall

    04/23/2014 8:24:09 PM PDT · by Olog-hai · 7 replies
    Reuters ^ | Tue Apr 22, 2014 5:51pm EDT | Alwyn Scott and Karen Jacobs
    JetBlue Airways Corp pilots voted by a wide margin on Tuesday to join the Air Line Pilots Association union, sending the budget carrier’s stock price down on concerns the move would raise the airline’s costs. About 71 percent of the pilots eligible to vote in the month-long election backed ALPA. JetBlue has about 2,600 pilots and 96 percent were eligible to vote. […] JetBlue warned earlier this year costs would rise largely because of an agreement reached with pilots to raise base pay rates by 20 percent. JetBlue said that increase was expected to add $145 million to its costs...
  • Stocks: Where's the bottom? Some say 6000.

    10/10/2002 5:56:38 PM PDT · by ex-Texan · 39 replies · 195+ views
    USA Today ^ | 10/10/2002 | Adam Shell and Matt Krantz, USA TODAY
    <p>NEW YORK — The worst bear market since the Great Depression just keeps getting worse.</p> <p>In a water-torture-type decline reminiscent of the 1973-74 bear market, the 2 1/2 year-old slump is methodically hacking away huge chunks of the eye-popping gains posted in the 1990s stock mania.</p>