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Wednesday, April 7, 2010 as of 11:14 AM ET

TAM Airlines

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TAM Airlines ( (BM&F Bovespa: [http://www.bmfbovespa.com.br/Cias-Listadas/Empresas-Listadas/ResumoEmpresaPrincipal.aspx?codigoCvm=16390&idioma=pt-BR TAMM3], [http://www.bmfbovespa.com.br/Cias-Listadas/Empresas-Listadas/ResumoEmpresaPrincipal.aspx?codigoCvm=16390&idioma=pt-BR TAMM4] / NYSE: [http://www.nyse.com/about/listed/lcddata.html?ticker=TAM TAM]), is Brazil's and Latin America's largest airline.

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ADR Report: Shares Fall As Spanish Banks Drag

International companies trading in New York ended lower Monday, in line with the broader market, as political gridlock in Greece fueled fears that the country could exit the euro zone.

The Bank of New York index of ADRs fell 2% to 118.17 as Spain announced increased provisioning requirements for its banks, which some analysts said remain insufficient.Banco Bilbao Vizcaya Argentaria SA (BBVA) said on Monday it sees a EUR1.8 billion impact from the new measures. Separately, Societe Generale cut its rating to sell from hold. Shares tumbled 4% to $6.42.Shares of Banco Santander SA (STD) shed 3.4% to $6.02.The European index dropped 1.9% to 108.89.Other banks in the region also fell after Greek antibailout party Syriza said over the weekend it would not take part in a coalition government to help put austerity measures in place.Societe Generale SA (SCGLY, GLE.FR) declined 5% to $4.18 and Credit Agricole SA (CRARY, ACA.FR) dropped 6.4% to $2.06.The Asian index declined 1.5% to 118.51 as energ...

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  1. Brazil TAM Airlines Cuts 2012 Domestic-Passenger-Demand View

    Brazilian airline TAM (TAM, TAMM4.BR) lowered its domestic-passenger-demand estimates for 2012 based on evaluation of market behavior over recent months, the company...

  2. Chile LAN CEO: Merger With TAM Likely Ready In 6 Weeks

    DOW JONES NEWSWIRESSANTIAGO -(Dow Jones)- The merger between Chile's LAN Airlines SA (LFL, LAN.SN) and Brazil's TAM SA (TAM, TAMM4.BR) will likely be completed in si...

  3. Airline Alliances In Retreat, Says Uruguay's Pluna Airline Head

    The imminent merger of LAN Airlines SA (LFL, LAN.SN) with Brazilian carrier TAM SA (TAM), which will create the largest regional airline and one of the 10 biggest in...

  4. Chile's Lan Airlines To Get 1st Boeing Dreamliner At Year-End

    Chilean flagship carrier Lan Airlines SA (LFL, LAN.SN) will take delivery in late 2012 of the first of the 32 Boeing 787 Dreamliners it ordered and incorporate it in...

  5. Chile's Lan Airlines To Get First Boeing Dreamliner At Year-End

    Chilean flagship carrier Lan Airlines SA (LFL, LAN.SN) will take delivery in late 2012 of the first of the 32 Boeing 787 Dreamliners it ordered and incorporate it in...

  6. Chile LAN Airlines Hasn't Set Closing Date Of Merger With Brazil's TAM

    LAN Airlines SA (LFL, LAN.SN) hasn't yet set the closing date for its merger with Brazilian carrier TAM SA (TAM, TAMM4.BR, TAMSY), the Chilean flagship carrier said ...

  7. Brazil Airline TAM : No Date Set For Close Of Merger With Chile's LAN

    Brazilian airline TAM SA (TAM, TAMM4.BR, TAMSY) said Monday a date hasn't been set for the completion of a pending merger with Chile's LAN Airlines SA (LFL, LAN.SN),...

  8. ADR Report: Shares Higher As Greek Debt-Swap Deadline Nears

    International companies trading in New York rose Wednesday, in line with the broader market, following reports suggesting that participation in the Greek debt-swap d...

  9. Chile LAN Sees TAM Merger Ready By Early May -Executive

    CONCEPCION, Chile -( Dow Jones )- The share swap that finalizes the merger between Chile's LAN Airlines (LFL, LAN.SN) and Brazil's TAM (TAM, TAMM4.BR) should be comp...

  10. Gol Has Six Months To Establish 14 New US Flight Routes

    Gol Linhas Aereas Inteligentes (GOL, GOLL4.BR) may expand into the North American market after Brazil's civil-aviation agency Anac granted the carrier 14 weekly flig...

  11. Brazil's Gol Has Six Months To Establish 14 New Routes To U.S. -Anac

    Gol Linhas Aereas Inteligentes (GOL, GOLL4.BR) has roughly six months to formalize new routes to the U.S. after Brazil's civil-aviation agency Anac granted the carri...

  12. ADR Report: Shares Higher On Strong Earnings Reports

    International companies trading in New York closed higher Tuesday, in line with the broader market, ahead of the European Central Bank's second offer of three-year l...

  1. TAM Expects Brazil Air Travel Demand To Grow 7%-9% This Year

    TAM SA (TAM, TAMM4.BR), Brazil's biggest airline, said Monday it expects demand for air travel in Brazil to grow as much as 9% this year, possibly leading the compan...

  2. Brazil Airline Tam 1Q Net Profit Falls 22% To BRL101 Million

    Brazilian airline TAM SA (TAM, TAMM4.BR), which is in the process of merging its operations with Chile's LAN Airlines SA (LFL, LAN.SN), said late Friday its first-qu...

  3. Chile Stocks End Lower On JP Morgan Trading Losses, Spain Banks

    Chile's IPSA select stock index closed lower Friday tracking lower U.S. stocks on J.P. Morgan (JPM) $2 billion trading losses and Spain's banking problems.The IPSA e...

  4. Chile's LAN Launch Public Offer For Brazil's TAM Shares

    Chilean flagship carrier LAN Airlines SA (LFL, LAN.SN) said Thursday a public share exchange offer for Brazil airline TAM SA's (TAM, TAMM4.BR) shares, the final step...

  5. Chile LAN Receives SEC Approval To Launch Public Offer For TAM Shares

    SANTIAGO, Chile -(Dow Jones)- Chilean flagship carrier LAN Airlines SA (LFL, LAN.SN) received the U.S. Securities and Exchange Commission's approval to launch a publ...

  6. Chile LAN-Brazil TAM Merger To Conclude In June -LAN CFO

    Chilean carrier LAN Airlines SA (LFL, LAN.SN) will conclude the merger with Brazilian carrier TAM SA (TAM, TAMM4.BR) the first or the second week of June, LAN Chief ...

  7. Chile LAN's 1Q Net Profit Seen Falling 26% On Year To $71.8 Million - Poll

    (This article was originally published Wednesday.)SANTIAGO -(Dow Jones)- Chilean flagship carrier LAN Airlines SA's (LFL, LAN.SN) first-quarter net profit likely fel...

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