Schaeffer's Trading Floor Blog
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Futures are pointed slightly higher this morning, as the stock market looks to add to last Friday's rally. In company news, here are some stocks to watch today:

  • Shares of the new American Airlines Group Inc. (NASDAQ:AAL) will begin trading today on the NASDAQ Stock Market, with employees ringing the opening bell remotely from Dallas/Fort Worth International Airport. Unlike most newly merged airlines, AAL -- which is comprised of the former American Airlines and US Airways Group Inc -- already has labor agreements in place with several unions that represent the combined workforce. (Nasdaq)

  • Matthew Taylor, a former trader for Goldman Sachs Group Inc (NYSE:GS), was given a nine-month prison sentence for wire fraud committed in 2007. According to U.S. District Judge William Pauley, who handed down the ruling, a longer sentence may have been warranted. However, because the misdeeds took so much time to be brought to light -- for which Pauley blamed GS, as well as federal regulators -- the penalty was lightened. (FOX News)

  • Following a decision to pull the Chevrolet brand out of Europe, General Motors Company (NYSE:GM) is forecasting output in South Korea may drop by up to 20%. GM's South Korean business unit produces 90% of the Chevy cars and trucks that are sold in Europe. (Bloomberg Businessweek)

  • The Walt Disney Company (NYSE:DIS) has reached a marketing and distribution agreement with Paramount Pictures Corporation -- a subsidiary of Viacom, Inc. (NASDAQ:VIAB) -- for the Indiana Jones movie franchise. The deal covers only future movies, with marketing and distribution responsibilities for the original four films still belonging to Paramount. (USA Today)

  • Finally, Campbell Soup Company's (NYSE:CPB) SpaghettiOs business is in trouble with patriotic Americans everywhere. The canned pasta maker tweeted a picture Friday night of its mascot holding an American flag, with the message, "Take a moment to remember #PearlHarbor with us." The image was pulled the next morning, after a series of replies expressed disgust with the tweet's insensitivity toward the solemn occasion. (New York Post)


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