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Stock Market & Financial Investment News

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January 31, 2014
07:30 EDTALKAlaska Air upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Alaska Air citing valuation and low consensus expectations. The firm raised its price target for shares to $97 from $70.50.
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July 23, 2014
08:08 EDTALKAlaska Air names David L. Campbell COO of subsidiary Horizon Air
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July 15, 2014
06:12 EDTALKBombardier announces Alaska Air Q400 NextGen aircraft order
Bombardier Aerospace (BDRBF) announced that Seattle-based Horizon Air Industries, an Alaska Air (ALK) company, has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner. The airline retains its options on another seven Q400 NextGen aircraft as announced previously. Additionally, Bombardier and Horizon Air confirmed they have signed a five-year heavy maintenance agreement whereby Bombardier will perform heavy maintenance tasks for the airline's fleet of 52 Q400 aircraft at Bombardier's service centre in Tucson, Arizona. Based on the list price of the Q400 NextGen aircraft, the aircraft agreement is valued at approximately $32.6M.

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