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米アメリカン航空とデルタ航空、燃料高騰で最終赤字 ４－６月期
American Airlines, Delta Post Losses Amid High Fuel Costs (WSJ.com)
AMR Corp., parent company of American Airlines, and Delta Air Lines Inc. on Wednesday reported hefty second-quarter net losses as the U.S. airline industry cuts unprofitable business to cope with killer jet-fuel prices.
Delta, the first major carrier to report quarterly results, eked out an operating profit on its healthy percentage of international flying, a bright spot generally for big airlines. But including special charges, the airline reported a net loss of $1.04 billion, or $2.64 a share, compared with net income of $1.59 billion last year.
The Atlanta carrier expects later this year to merge with Northwest Airlines Corp., ...
to cope with: ～に立ち向かう
to eke out: ～を何とか達成する
米石油精製スノコ、シェルのエルセンハンズ女史が次期CEO就任
Sunoco Names Elsenhans CEO, Will Be First Female Chief (WSJ.com)
The changing of the guard at Philadelphia-based refiner Sunoco Inc. could signal a long-term change for the company.
Lynn Laverty Elsenhans will succeed John Drosdick on Aug. 8 as the company's chief executive, following Mr. Drosdick's retirement Tuesday, about a month ahead of his 65th birthday.
Elsenhans played a major role at Royal Dutch Shell, which has trimmed its refining portfolio, focusing investments on its largest, most potentially lucrative refineries.
long-term change for: ～の長期的な変革
to play a major role: 重要な役割を果たす
refinery: 精製所
米鉄鉱石採掘クリーブランド・クリフス、アルファを100億ドルで買収
Miner Cleveland-Cliffs Agrees to Buy Alpha In $10 Billion Deal (WSJ.com)
Cleveland-Cliffs Inc. agreed to buy Alpha Natural Resources Inc. for $10 billion in cash and stock, a deal that will boost the size of the nation's biggest producer of iron ore as the world's biggest miners grow through takeovers.
The deal comes has iron-ore prices have been surging amid increased demand for steel, of which iron ore is a key ingredient.
Alpha shareholders will receive 0.95 share of Cleveland-Cliffs stock and $22.23 in cash for each Alpha share. That values Alpha at $128.12 a share, a 35% premium to Friday's closing price. Cleveland-Cliffs will finance the $1.7 billion cash portion through an up-to $1.9 billion underwriting committment from J.P. Morgan Chase & Co.
to surge: 急騰する
amid: ～の中
政府系ファンド、ドル離れ加速 米金融市場の不安要素に
Sovereign funds cut exposure to weak US dollar (FT.com)
Some of the world’s largest sovereign wealth funds are seeking to scale back their exposure to the US dollar in a sign of global concern about the currency.
One big sovereign fund in the Gulf has cut its dollar-denominated holdings from more than 80 per cent a year ago to less than 60 per cent, while China’s State Administration of Foreign Exchange (SAFE) has been looking to strike deals with private equity firms in Europe as a part of a strategy to reduce its dollar holdings.
Sovereign wealth funds have played a leading role in helping to recapitalise faltering US banks, but have lost money so far on such investments. Continuing market turbulence has further shaken their faith in US policy and policymakers.
sovereign funds: 政府系ファンド
exposure to: ～に関連するリスク資産
dollar-denominated holdings: ドル建て所有資産
米メリルリンチ、ブルームバーグ株売却を検討 ４－６月期損失の穴埋めに
Merrill set to sell Bloomberg stake for $4.5bn (FT.com)
Merrill Lynch is set to sell its 20 per cent stake in Bloomberg for about $4.5bn but will retain its far more valuable 49 per cent holding in money manager BlackRock.
The sale of the Bloomberg stake back to Michael Bloomberg, the owner of the news and data service, is aimed at offsetting part of the $6bn in credit-related writedown the troubled investment bank is expected to announce on Thursday.
money manager: 資産運用会社（の）
６月の米消費者物価指数、前月比1.1％上昇 インフレ懸念高まる
Inflation Surges on Energy Prices (WSJ.com)
WASHINGTON -- U.S. consumer prices soared at their fastest annual pace in nearly two decades last month, tightening the screws on Federal Reserve officials as they balance a stagflationary mix of rising unemployment, strained financial markets and rising inflation.
Even more worrisome for policymakers than the headline inflation jump may be signs that food and energy prices are starting to filter through the broader economy, as evidenced by sharp price gains last month in housing, transportation and services.
Separately, a heat wave and the end of an auto sector strike gave a lift to U.S. industrial production in June, rising ...
to tighten the screw on: ～を窮地に立たせる
heat wave: 猛暑
米マクドナルド、不法入国者雇用 罪を認める
McDonald's Franchisee Pleads Guilty to Hiring Illegal Workers (WSJ.com)
In a coup for the government's crackdown on employers of illegal immigrants, a large McDonald's franchisee pleaded guilty in federal court Wednesday to supplying illegal workers with false identification and agreed to pay a $1 million fine.
The case, which follows a worksite raid last year that swept up 58 immigrant workers at 11 McDonald's outlets in Reno, Nev., is the first conviction involving a franchisee of a major restaurant chain.
A plea agreement entered in a U.S. District Court in Las Vegas details how management for Reno-based Mack Associates, which is owned by influential local entrepreneur Luther Mack, knowingly ...
to plead guilty to: ～の罪を認める
crackdown on: ～への取り締まり
false identification: 偽の身分証明書
米マイクロソフト、ヤフー以外との提携の可能性を検討 タイムワーナーと交渉
Microsoft, Time Warner To Discuss Possible Deal (WSJ.com)
Microsoft Corp., seeking an alternative to a deal with Yahoo Inc., is planning to meet executives from Time Warner Inc.'s AOL today to advance discussions on a possible tie-up, according to people familiar with the situation.
Microsoft and Time Warner have been casually exploring a combination of AOL and Microsoft's online group for several months as an alternative to Microsoft's failed efforts to ...
alternative to: ～の代替案
米銀大手ウェルズ・ファーゴの４－６月期、純利益21％減 10％増配
Wells Fargo's Net Declines 21%, Lender Boosts Dividend by 10% (WSJ.com)
Wells Fargo & Co. reported Wednesday a 21% decrease in its second-quarter net income as the fourth-largest U.S. bank by stock-market value set aside $3 billion for loan losses.
But the results were largely positive, and the company said it will raise its dividend 10% and is able to take advantage of competitors' weakness. Wells shares jumped 32% to $27.16 in 4 p.m. composite trading on the ...
to set aside $3 billion for loan losses: 30億ドルをローンの焦げ付きに備えて積み立てる
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