New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 16, 2014
21:55 EDTAALAmerican Airlines could gain over 20% in next year, Barron's says
Shares of American Airlines could gain 20% or more in the next year and gain over 50% in a few more years, Barron's contends in a feature article. Reference Link
News For AAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent AAL news | >>
July 1, 2015
13:57 EDTAALDOJ investigating whether airlines colluding on fares, AP reports
Subscribe for More Information
June 30, 2015
17:51 EDTAALAir T unit awarded contract from American Airlines in excess of $32M
Subscribe for More Information
17:48 EDTAALBombardier delivers first of seven CRJ900 aircraft to Mesa Airlines
Subscribe for More Information
June 29, 2015
16:00 EDTAALOptions Update; June 29, 2015
Subscribe for More Information
June 26, 2015
11:29 EDTAALStocks with call strike movement; AAL FXI
American Airlines (AAL) November 48 call option implied volatility increased 2% to 37, iShares Trust FTSE/Xinhua China 25 Fund (FXI) December 53 call option implied volatility increased 1% to 26 according to IVolatility.
June 25, 2015
16:00 EDTAALOptions Update; June 25, 2015
Subscribe for More Information
June 23, 2015
10:00 EDTAALOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:36 EDTAALActive equity options trading on open
Subscribe for More Information
07:11 EDTAALAmerican Airlines coverage assumed with an Equal Weight at Morgan Stanley
Morgan Stanley assumed coverage on American Airlines with an Equal Weight rating and $49 price target.
07:03 EDTAALAmerican Airlines downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley assumed coverage on American Airlines with an Equal Weight rating from an Overweight rating and lowered its price target to $49 from $62. The firm's analyst said American Airlines has one of the higher risk profiles vs. peers given its continued merger integration with US Airways, higher debt levels, underfunded pension obligations, and intensive capital fleet programs, and more fixed obligations.
June 22, 2015
11:43 EDTAALStocks with call strike movement; AAL UAL
Subscribe for More Information
09:40 EDTAALActive equity options trading on open
Subscribe for More Information
09:14 EDTAALOn The Fly: Pre-market Movers
Subscribe for More Information
07:19 EDTAALAirlines focusing on upgraded in-flight web services, WSJ reports
Subscribe for More Information
June 21, 2015
13:03 EDTAALU.S. airline stocks may rise 15%-50% in one year, Barron's says
Subscribe for More Information
June 19, 2015
16:00 EDTAALOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
11:09 EDTAALDelta climbs following upgrade, reported fare hike
The shares of Delta Air Lines (DAL) are rising after research firm Wolfe Research upgraded the stock to Outperform from Peer Perform in a note to investors earlier today. Additionally, JPMorgan says Delta appears to have instituted a domestic fare increase yesterday. WHAT'S NEW: Delta's new deal with its pilots on profit sharing removes an unknown that had been facing the company, Wolfe wrote. Additionally, the airlines seems to be implementing additional domestic capacity cuts, the firm stated. As a result, Wolfe slightly increased its passenger revenue per available seat mile, or PRASM, estimate for the company. Furthermore, expectations for Delta's Q3 PRASM have dropped significantly, even though the airlines recently said that its PRASM should turn positive in Q4. Consensus estimates for Delta now look "reasonable" for this year and beatable in 2016, according to Wolfe, which set a $62 price target on the shares. WHAT'S NOTABLE: JPMorgan said Delta appears to have instituted an additional, $2 one-way across-the-board domestic fare increase yesterday, following last week's industry-wide increase. The firm sees "no harm" in Delta trying, but adds it would be surprised to see material support from the discounters. JPMorgan said it remains "puzzled" as to why airline industry stock sentiment is so negative since discipline among the companies is "alive and kicking." The firm has an Overweight rating on Delta. OTHERS TO WATCH: Other publicly traded airline operators include American Airlines (AAL), JetBlue (JBLU), Southwest (LUV) and United Continental (UAL). PRICE ACTIOn: In late morning trading, Delta rose 2.5% to $42.38.
June 18, 2015
10:46 EDTAALStocks with call strike movement; FCX AAL
Subscribe for More Information
10:21 EDTAALSouthwest, Spirit retreat after analysts downgrade shares
Southwest Airlines (LUV) and Spirit Airlines (SAVE) are falling after both airline stocks received downgrades from research firms this morning. Barclays downgraded Southwest, while Credit Suisse cut its rating on Spirit. WHAT'S NEW: Barclays analyst David Fintzen lowered his rating on Southwest to Underweight from Overweight, saying that the stock's valuation is above peer levels even though its outlook is no better than its large competitors. Moreover, the company's margins could drop in 2016 because of its "outsized growth," the analyst warned. Credit Suisse analyst Julie Yates downgraded Spirit Airlines to Neutral from Outperform, as she believes the airlines is facing more aggressive competitor fares. American Airlines (AAL) is offering lower fares than Spirit on five of the latter company's ten top ten routes for travel two months from reservation dates, the analyst stated. Moreover, Spirit's second quarter margins may come in below its guidance and the airline will probably reduce its margin outlook when its reports its Q2 results in late July, Yates predicted. WHAT'S NOTABLE: Barclays' Fintzen was more upbeat on Spirit, continuing to identify it as his top pick among airlines. More broadly, Fintzen remains generally upbeat on airline stocks, predicting that the industry's profitability will be "far more durable" than the market believes. The sector's competition is balanced, and it has increased its capacity and airplane purchases much less than in prior periods of oil price declines, according to Fintzen. Additionally, the airline stocks' multiples remain overly depressed, he believes. He says that the following stock in the sector can climb about 50%: Spirit, American, Delta (DAL), and United (UAL). PRICE ACTION: In early trading, Southwest dropped 2.2% to $33.11 and Spirit slid 2.4% to $60.91.
05:41 EDTAALSouthwest downgraded to Underweight from Overweight at Barclays
Barclays analyst David Fintzen downgraded Southwest (LUV) two notches to Underweight from Overweight saying the company has moved from a margin expansion story to an "average" big four airline trading at a premium valuation. Fintzen expects Southwest's growth to normalize in 2016 and cut his price target for shares to $39 from $50. The stock closed yesterday down 7c to $33.84. The analyst coupled the downgrade with an upgrade of Align Technology (ALGN) to Equal Weight. He remains bullish on airlines, with Spirit Airlines (SAVE) remaining his top pick, followed by Delta Air Lines (DAL), American Airlines (AAL) and United Continental (UAL). Fintzen sees 50% average upside in those four names.
1 | 2 | all recent AAL news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use