Banking & Capital Markets

Stock Options: Closer to Consensus?

A growing number of Wall Street firms are expected to require analysts to consider the cost of stock options in the earnings estimates of companies they follow, even though corporate managers might prefer that they use pro forma numbers.
Banking & Capital Markets

UAL Reports $1.8 Billion Loss

The parent of United Airlines noted, however, that the losses were based on its creditors' claims, and that since it expects to settle them for a ''minor fraction'' of the amount recorded, it should record a large gain when it exits Chapter 11 next year.