Los Angeles, CA, December 11, 2012 - US Airways Group, Inc.(NYSE: LCC) will expand into South America with daily flights into Sao Paolo from Charlotte, North Carolina. Carriers have been circling around the idea of adding flights into the nation in front of the World Cup in 2014 and Olympics in 2016, but as of late US Airways has been more aggressive pulling the trigger on international expansion.
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BG Medicine, Inc.(NASDAQ: BGM) nearly doubles in value today after the company says it's CardioSCORE test has been awarded a CE Mark enabling it for commercial sale in the EU and other countries that recognize the CE Mark. The CardioSCORE is a patented diagnostic blood test designed to improve risk prediction of major cardiovascular events. The test isn't yet available in the U.S., however the company is currently in discussions with the FDA to obtain 510(k) clearance.
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Shares of Green Dot Corporation(NYSE: GDOT) push higher after Piper Jaffray comes out with a note indicating the company is doing well in the face of new competition from American Express' new debit card. In a survey of Wal-Mart stores, only 15% reported a significant loss of debit card market share for Green Dot.
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KIT digital, Inc.(NASDAQ: KITD) is down 7% to $0.65 after disclosing it has received a NASDAQ de-listing warning, and that directors Wayne Walker and Barak Bar-Cohen have resigned. Bar-Cohen's short-lived tenure as CEO ended in August. KIT, which is running low on cash, says it's still "exploring a broad range of strategic alternatives."
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Exxon Mobil Corporation(NYSE: XOM) latest long-term energy outlook predicts U.S. and Canadian oil and gas production has staying power, as North America will become a net energy exporter by 2025. But a few bottlenecks need to be fixed first, as output in West Texas and New Mexico has exceeded pipeline capacity and reduced prices in the region, echoing similar surpluses in North Dakota and Oklahoma.
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