United Airlines will report its first quarterly profit excluding unusual items in six years when it releases its second-quarter results on July 31. Parent UAL Corp. took the unusual step of unveiling preliminary figures yesterday in a filing designed to offer guidance to investors as it prepares to issue $726 million in convertible notes to an employee trust by Aug. 1. The company anticipates net earnings of $119 million, or $141 million excluding a one-time severance payment in the June ...

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