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Stock Market & Financial Investment News

News Breaks
February 4, 2013
10:02 EDTALK, AAMRQAmerican Airlines, Alaska Air expand codeshare agreement
American Airlines (AAMRQ) and Alaska Airlines (ALK) announced that the two airlines are strengthening their relationship by adding new codeshare routes that will offer customers even more choices and benefits when traveling throughout the United States. The codeshare flights are available for purchase today for travel beginning Feb. 7. The codeshare expansion will allow American to place its code on 22 new Alaska routes that provide Bay Area travelers with access to Hawaii and will increase the options for transcontinental flights for travelers in the Pacific Northwest and San Diego to Boston, Washington, D.C. and Orlando, Fla. Under the agreement, Alaska will place its code on 19 American routes, which will provide better access for Alaska customers on flights between Los Angeles and U.S. cities such as Washington, D.C., Orlando and Houston. Additionally, Alaska customers will gain better access between the Pacific Northwest and 11 new cities throughout Texas via American's Dallas/Fort Worth hub. In all, Alaska customers will gain access to 13 new destinations.
News For AAMRQ;ALK From The Last 14 Days
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December 17, 2014
17:34 EDTALKAlaska Air flight attendants ratify five-year contract
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December 15, 2014
07:57 EDTALKDeutsche ups targets on Airlines amid lower fuel prices
Deutsche Bank expects 2015 to be an even stronger year than 2014 for Airline stocks and believes carriers will continue to "share their growing wealth with their stakeholders." Deutsche sees lower fuel prices and reduced interest expense providing benefits in 2015. The firm raised its price target for Allegiant Travel (ALGT) to $174 from $150, for Hawaiian Holdings (HA) to $27 from $19, for JetBlue (JBLU) to $21 from $17, for Southwest (LUV) to $55 from $46, for Spirit Airlines (SAVE) to $95 from $85, for United Continental (UAL) to $80 from $50, for American Airlines (AAL) to $67 from $54 and for Alaska Air (ALK) to $53 from $42.50. Deutsche keeps a $60 price target on shares of Delta Air Lines (DAL). The firm has a Buy rating on all name in the space save for Alaska Air, which it rates Sell.

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