Reuters: Global Markets: Brazil airline Gol gives back gains from merger speculation

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Brazil airline Gol gives back gains from merger speculation Oct 2nd 2012, 13:29 SAO PAULO | Tue Oct 2, 2012 9:29am EDT SAO PAULO (Reuters) - Shares of Gol Linhas Aereas (GOLL4.SA) (GOL.N), Brazil's second- biggest airline, fell about 10 percent in early Tuesday trading, giving back gains made ahead of a late Monday press conference at which some traders had expected news of a capital injection. Gol announced plans to order 60 new jets from Boeing Co (BA.N) after markets closed on Monday. Shares of the airline jumped 10.6 percent on Monday after the airline called the press conference without disclosing the subject. Gol denied reports last month that management was in takeover talks with fast-growing Qatar Airways. (Reporting by Brad Haynes; Editing by Gerald E. McCormick)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions