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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:43 EDTRJET, AAMRQ, DAL, SKYW, UAL, LCCRegional airlines may see more consolidation, WSJ reports
U.S. regional airlines could see more consolidation following the deals among network carriers, according to Dan Garton, head of AMR Corp.'s (AAMRQ) American Eagle commuter unit, reports the Wall Street Journal. American Eagle is the biggest regional carrier wholly owned by a U.S. network airline, and in 2012 it accounted for 95% of the domestic passengers fed onto American's flights. A long-planned spinoff of American Eagle also remains a possibility even after the planned merger of American Airlines parent AMR and US Airways Group (LCC) though Garton said the initial priorities are developing a new aircraft-fleet plan and exploring how the partners' regional operations can be "blended." Reference Link
News For AAMRQ;LCC;SKYW;RJET;UAL;DAL From The Last 14 Days
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May 21, 2013
07:46 EDTSKYWEmbraer and SkyWest sign contract for 40 firm E-jets
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07:23 EDTUALWolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23.
06:56 EDTUAL, SKYWSkyWest announces agreement with Embraer for 100 firm, 100 options for E175s
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06:52 EDTSKYW, UALSkyWest announces agreement with United for 40 Embraer E175 regional jets
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06:48 EDTUAL, SKYWUnited to add 40 more Embraer 76-seat aircraft to United Express fleet
United Airlines (UAL) announced a capacity purchase agreement for SkyWest Airlines, a wholly-owned subsidiary of SkyWest (SKYW), to operate 40 Embraer (ERJ) 175 aircraft under the United Express brand. SkyWest will purchase the 40 76-seat aircraft with deliveries in 2014 and 2015. These aircraft are in addition to 30 Embraer 175 aircraft that United previously announced it will purchase and which will be operated by a United Express carrier, also scheduled for delivery between 2014 and 2015.
May 20, 2013
05:46 EDTUALBoeing look to improve more Dreamliner systems, WSJ reports
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May 17, 2013
09:31 EDTUALUnited Continental upgraded to Market Perform from Underperform at Avondale
05:59 EDTLCCStocks with implied volatility movement; FXI LCC
Stocks with implied volatility movement; iShares Trust FTSE/Xinhua China 25 Fund (FXI), US Airways (LCC) according to IVolatility.
May 16, 2013
08:28 EDTAAMRQ, UAL, DALEU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link
May 15, 2013
17:03 EDTLCCSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
09:29 EDTDALDelta Air Lines says expects 'record' June quarter
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May 14, 2013
07:17 EDTDAL, UAL, LCCBofA/Merrill to host a conference
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May 13, 2013
11:48 EDTUALUnited says two of six Boeing 787 converted to new FAA standard
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May 10, 2013
06:47 EDTSKYW, UAL, LCC, AAMRQ, DALDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
06:46 EDTSKYWSkyWest reports April traffic for SkyWest, ExpressJet
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May 9, 2013
10:53 EDTDALGol Linhas, Delta expand codeshare agreement
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May 8, 2013
16:59 EDTAAMRQAMR Corp. reports April domestic RPM down 1.4% to 6.17M
Reports April International RPM down0.6% to 4.08M. Reports April Atlantic RPM down 4.8% to 1.49M. Reports April Latin America RPM up 4% to 2.02M. Reports April Pacific RPM down 4.7%. Reports April PRASM down 2.9%. Reports April consolidated traffic down 1.1%.
12:20 EDTDALOn The Fly: Midday Wrap
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12:03 EDTDALDelta Air Lines price target raised to $23 from $20 at Imperial Capital
Imperial Capital raised its price target for Delta Air Lines after the company established a dividend and announced a share repurchase program. The firm keeps an Outperform rating on the stock.
10:17 EDTRJETFrontier Airlines reports April traffic
Frontier Airlines, a subsidiary of Republic Airways, reported preliminary traffic results for April. For the month, Frontier's load factor increased slightly to 87% from April 2012. Frontier's traffic decreased 22% to 800M revenue passenger miles on a 22% reduction in capacity. Frontier Airlines served 0.8 million passengers in April, a 21% reduction from the same period last year.
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