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According to Reuters, the cabin crew union, UFO, is demanding promises from Lufthansa that it will not outsource jobs, or continue to employ temporary workers, as well as a 5% increase in pay. Lufthansa, like other airlines, is be

Travelers trying to take advantage of the last days of summer experiencing some trouble today as German airline Lufthansa has been hit with a cabin crew strike. The vast majority of flights to and from the airline's Frankfurt hub

Knight's recent troubles stem from an August 1st trading flub, caused by a technical hiccup, which cost the company approximately $440 million.

Knight Capital, after its very public trading error earlier this month, has added three new members to its board. TD Ameritrade's CEO Fred Tomczyk, Blackstone Group's managing director Martin Brand, and General Atlantic's advisory

The company released its finances for 2011, saying their sales jumped tenfold to $100 million. Since its release of Angry Birds back in 2009, Rovio has remained at the top of the charts with more than 800 million downloads and ov

The company behind on of the most successful mobile games to date is planning on an initial public offering. Rovio Entertainment, the company behind the highly successful "Angry Birds" announced its business is strong enough for

Each share of the 163.9 million being sold will be at a price of $30.50 each. This is below the closing price Friday May 4th of $32.83 a share. The sale will bring the government's stake down to 63% of the company from 70%.

This is the third offering the government has made of AIG in the past couple years.

The U.S. government is continuing to sell its stake in companies after the 2008 bailout. The U.S. Treasury Department agreed to sell $5 billion of American International Group shares in a stock offering, with AIG buying $2 billio

Analyst Mark Kalinowski said he expects a 2.8% increase in U.S. same-store sales in May, down from his previous estimate for a 3% gain. But he sees June sales rising 2.6%, up from a previous guide for a 2.5% increase based on surv

McDonald's Corp. (NYSE:MCD) jumped out of the gate is near its session high of $81.85, up 1.36%, after a Janey Capital Markets analyst dropped his estimate on May U.S. same-store sales, but tempered that with a raised June estimat

The Board of Wal-Mart has approved an annual dividend of $1.46 per share, a 21% increase from the $1.21 per share paid during FY11. For the current fiscal year ending Jan. 31, 2012, the annual dividend of $1.46 per share will be p

For 2011, the company expects revenue of about $110 mln, vs. the Street view of $99 mln. The company expects to report at least breakeven earnings on a GAAP basis. The Street stands at $0.07 per share.

Santarus (SNTS) reports Q4 revenue of $25.9 mln, well ahead of the analyst consensus of $18 mln on Thomson Reuters. Loss for the quarter was $0.03, better than expectations of a loss of $0.28 per share, if comparable.

On the call side, Staples is seeing over 8 times the normal amount of
calls today following their quarterly earnings report this morning. AmBev shares are
also seeing a large amount of calls today, over 8.4 times the a

Welcome to the Financial News Network Options Report.

Weight Watchers International (WTW) is up a whopping 20% on its 2010 Q4 results. At last check, it's up to $54.40, much higher than its 52-week high of $44.93.

The company reported Q4 revs of $356.7 mln, well ahead of the analyst consensus of $321 mln on Thomson Reuters. EPS was $0.66, vs. expectations of $0.56 per
share.

For 2011, the company is guiding for EPS of $3.50 to $3.85 per share, vs. the Street view of $2.77 per share.

Consumer shares are moving into positive territory this morning, albeit slightly.

The company sees 2011 EPS of $2.70 to $2.78, vs. consensus estimates of $2.73 per share, on revenues of about $5.81 to $5.92 billion, vs.

Dr Pepper Snapple Group (NYSE:DPS) reported Q4 EPS of $0.67, ahead of consensus estimates of $0.64 per share. Revenues for the quarter rose 4% year-over-year to $1.41 billion, topping consensus estimates of $1.40 billion.