ConocoPhillips to buy Marathon, American Airlines sinks: Yahoo Finance

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Conocophillips News

America Airlines,AAL,Marathon Oil

ConocoPhillips (COP) has struck a deal to acquire Marathon Oil (MRO) in a $22.5 billion all-stock deal. The deal includes over $5 billion in net debt. In the...

) in a $22.5 billion all-stock deal. The deal includes over $5 billion in net debt. In the airline sector, America Airlines is sinking this morning after the company slashed its outlook for the second quarter. The move is dragging on other big names in the sector. On Wall Street, investors are focused on the Nasdaq -- ConocoPhillips is in advanced talks to acquire Marathon Oil Corp.

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