General Electric Company (NYSE:GE) allegedly will seek initial offers for its Japanese leasing business starting next month as the conglomerate continues to divest financial businesses to focus on its core industrial operations. Its Japanese leasing business has various components, including commercial lending and leasing of autos, office equipment and heavy commercial machinery. GE will provide documents detailing the business to potential bidders later this month, sources told Bloomberg. The Japanese leasing business has an estimated $4.1 billion of assets and employs 1,000. General Electric Company (NYSE:GE) has the market capitalization of 264.69 Billion. Shares of firm moved up 0.96% to close at $26.27 with the total traded volume of 25.33 Million.
Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) declared that it has appointed Brian Dickman as Executive VP and CEO. Dickman was formerly Chief Financial Officer at Agree Realty (ADC), where he was responsible for all corporate finance, accounting, financial reporting, treasury, capital markets and investor relations activities. Prior to that role, he was an investment banker at RBC Capital Markets, where he covered the REIT industry, and held similar positions throughout his career at Lehman Brothers and Barclays.
American Airlines Group Inc. (NASDAQ:AAL) declared that its total revenue passenger miles or RPMs, a measure of traffic, for the month of June 2015 were 20.4 billion, increased 2.8% as compared to June 2014. Total capacity for the month was 23.9B available seat miles or ASMs, up 2.4 percent versus June 2014. Total passenger load factor was 85.4 percent for the month of June, up 0.4 percentage points from 85.0 percent in June 2014. The company continues to expect its second quarter 2015 consolidated passenger revenue per available seat mile or PRASM to be down approximately 6 to 8 percent. American Airlines Group Inc. (NASDAQ:AAL) begun last trade with a price of $40.51 and throughout the trading session climbed at a high of $41.64. The day-trade ended with 3.88% to $41.21. The stock is going forward to its 52 week low with 47.62% and lagging behind from its 52 week high price with -26.37%. AAL last month stock price volatility remained 3.06%.