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Stock Market & Financial Investment News

News Breaks
July 24, 2014
13:55 EDTERJ, AALAmerican Airlines sees both Q3, Q4 CASM up 1%-3%
American Airlines (AAL) plans to retire 24 Embraer (ERJ) E140s by the end of this year. Says reduced international capacity plans for FY14. Says international capacity expected to be up 5%, which is down 1% from previous guidance. Sees FY14 international mainline capacity up 2.5%. Says sees regional capacity seen to be up 1% for the year. Sees mainline domestic capacity up 1% in FY14. Sees FY14 CASM up 2%-4% year over year. Sees 10.5%-12.5% pretax margin for FY14. Says FY15 CASM will grow less than inflation and be in the range of up 1% to down 1%.Says still feels "quite good" about global demand environment. Comments made during the company's Q2 earnings conference call.
News For AAL;ERJ From The Last 14 Days
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April 1, 2015
11:46 EDTAALStocks with call strike movement; AAL AMZN
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10:01 EDTAALOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AMC Networks (AMCX) downgraded at Evercore ISI... Altera (ALTR) downgraded to Hold from Buy at Argus... American Airlines (AAL) downgraded to Hold from Buy at Deutsche Bank... AxoGen (AXGN) downgraded to Neutral from Buy at Ladenburg... BB&T (BBT) downgraded to Neutral from Overweight at JPMorgan... CA Technologies (CA) downgraded to Equal Weight from Overweight at Barclays... Catamaran (CTRX) downgraded to Market Perform from Outperform at Leerink... Charter (CHTR) downgraded to Hold from Buy at Wunderlich... Delta Air Lines (DAL) downgraded to Hold from Buy at Deutsche Bank... Domtar (UFS) downgraded to Neutral from Buy at DA Davidson... Fifth Street Finance (FSC) downgraded to Neutral from Buy at UBS... Gold Fields (GFI) downgraded to Sell from Hold at Deutsche Bank... Medley Capital (MCC) downgraded to Neutral from Buy at UBS... Michael Kors (KORS) downgraded to Neutral from Overweight at Piper Jaffray... Norcraft (NCFT) downgraded to Equal Weight from Overweight at Stephens... Nucor (NUE) downgraded to Neutral from Buy at Nomura... ON Semiconductor (ONNN) downgraded to Sell from Neutral at Goldman... Pier 1 Imports (PIR) downgraded to Underweight from Equal Weight at Morgan Stanley... Pinnacle Financial (PNFP) downgraded to Hold from Buy at Sandler ONeill... Rolls-Royce (RYCEY) downgraded to Underperform from Market Perform at Bernstein... Sibanye Gold (SBGL) downgraded to Sell from Hold at Deutsche Bank... Steel Dynamics (STLD) downgraded to Neutral from Buy at Nomura... SunTrust (STI) downgraded to Hold from Buy at Sandler O'Neill... Telefonica Brasil (VIV) downgraded to Hold from Buy at HSBC... UTi Worldwide (UTIW) downgraded to Sector Perform from Outperform at RBC Capital... United Continental (UAL) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded at Sterne Agee.
06:39 EDTAALDeutsche Bank downgrades three major U.S. airlines to Hold
Deutsche Bank this morning cuts it ratings on the three major U.S. airlines to Hold from Buy on concerns international sales will disappoint over the next few quarters. Analysts at Deutsche expect the combination of a strong U.S. dollar, capacity increases by non-US airlines and decelerating global GDP growth to pressure the foreign sales in 2015. To reflect its thesis, Deutsche downgraded shares of American Airlines (AAL), Delta Air Lines (DAL) and United Continental (UAL) to Hold from Buy. It cut its price target for American to $58 from $78, for Delta to $50 from $60 and for United to $70 from $85. Deutsche notes the downgrades reflects its 12-month view and that it remains positive on the stocks longer term.
06:33 EDTAALAmerican Airlines downgraded to Hold from Buy at Deutsche Bank
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March 30, 2015
07:35 EDTERJEmbraer announces firm order from KLM for up to 34 jets
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March 29, 2015
13:55 EDTAALHawaiian Holdings expresses 'disappointment' on DOT decision on Haneda slots
Statement from Mark Dunkerley, President And CEO Of Hawaiian Airlines (HA), on DOT tentative decision on Haneda Slots: "The tentative decision issued by the U.S. Department of Transportation this morning to allow Delta Air Lines (DAL) to retain the valuable right to fly from Tokyo's Haneda International Airport for largely unused service to Seattle is tremendously disappointing. We are further disappointed that the U.S. DOT has determined that should Delta's planned service continue to fail, the Haneda slots will be assigned to American Airlines (AAL). Hawaiian is the only airline to have operated Haneda service continuously and successfully since the slot rights were granted. Our proposal provided more seats and would have resulted in more travelers flying between Japan and the United States than either Delta's or American's proposal. Kona is the largest unserved market in this proceeding, and Hawaiian's proposed route would have generated more economic benefit than that offered by either Delta or American. None of these facts are in dispute by the DOT. Sadly, by dismissing Hawaiian's proposed Kona route as just simply being additive to the routes already serving Hawaii, the DOT has once more failed to appreciate the geography of the 50th state. Kona and Honolulu are separate markets, separate communities and indeed are located on separate islands. The tentative ruling also reveals a long-held institutional bias among decision makers favoring the interests of U.S. business travelers over those of U.S. travel-related businesses and travelers in general. Hawaiian will be considering its next steps in this proceeding in the coming days."
March 27, 2015
07:43 EDTERJEmbraer management to meet with Deutsche Bank
Meeting to be held in London on March 27 hosted by Deutsche Bank.
March 26, 2015
08:48 EDTERJEmbraer management to meet with Deutsche Bank
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March 25, 2015
06:16 EDTAALAmerican Airlines merging US Airways' Dividend Miles plan, AAdvantage, WSJ says
American Airlines is planning to combine two of its loyalty programs in the next few days: The frequent-flier program of its US Airways merger partner and the American AAdvantage plan, The Wall Street Journal reports, citing comments from AAdvantage President Suzanne Rubin. The "multistep, multiday process" will not be completed until early April and will transfer 30M accounts held by US Airways Dividend Miles customers into AAdvantage accounts. Reference Link
March 24, 2015
12:57 EDTAALAmerican Airlines management to meet with SunTrust
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09:23 EDTAALHouse Transportation & Infrastructure Committee to hold a hearing
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08:04 EDTAALAirline estimates may have to come down, buy on weakness, says Cowen
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March 23, 2015
08:13 EDTERJ, AALBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTERJBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.

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