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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:12 EDTBDRBF, ALKBombardier 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.
News For BDRBF;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 16, 2014
18:01 EDTBDRBFAeroCentury announces purchase, leaseback of 2 Bombardier CRJ900s
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07:43 EDTBDRBFBombardier awarded $191M 10-year fleet maintenance contract with Trenitalia
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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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