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Stock Market & Financial Investment News

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July 4, 2013
09:48 EDTALKAlaska Air group reports June traffic up 7.5%
Alaska reported an 8.1% increase in traffic on an 8.6% increase in capacity compared to June 2012. This resulted in a 0.5 point decrease in load factor to 87.4%. Alaska also reported 87.4% of its flights arrived on time in June, compared to the 88.4% reported in June 2012. On a combined basis, Air Group reported a 7.5% increase in traffic on a 7.5% increase in capacity compared to June 2012.
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July 30, 2014
10:00 EDTALKOn The Fly: Analyst Downgrade Summary
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07:21 EDTALKJetBlue price target raised to $13.50 from $10 at JPMorgan
JPMorgan raised its price target for JetBlue (JBLU) shares to $13.50 saying a CEO transition in early 2015 seems highly probable, which it feels could lead to a more returns-oriented business model. The firm reiterates an Overweight rating on the stock. JPMorgan also downgraded shares of Alaska Air (ALK) this morning to Neutral and upgraded shares of United Continental (UAL) to Overweight.
06:48 EDTALKAlaska Air downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Alaska Air to Neutral citing Delta competitive capacity and more compelling risk/rewards in the space. The firm lowered its price target for shares to $53.50 from $56.50.
July 24, 2014
08:07 EDTALKAlaska Air reports Q2 adjusted EPS $1.13, consensus $1.11
Reports Q2 revenue $1.38B, consensus $1.37B
July 23, 2014
08:08 EDTALKAlaska Air names David L. Campbell COO of subsidiary Horizon Air
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