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Stock Market & Financial Investment News

News Breaks
September 21, 2012
09:12 EDTUAL, BPL, JBLU, LCC, DALBuckeye Partners says will defend rates against airlines' complaint
Buckeye Partners (BPL) announced that it is reviewing and preparing its response to a complaint filed on Thursday, September 20 by Delta Air Lines (DAL), JetBlue Airways (JBLU), United/Continental Air Lines (UAL), and US Airways (LCC) with the Federal Energy Regulatory Commission. The complaint challenges the tariff rates charged by one of Buckeye's operating subsidiaries, Buckeye Pipe Line Company, L.P., for the transportation of jet fuel from its facilities in New Jersey to three New York City-area airports. The complaint is not directed at Buckeye Pipeline's rates for service to other destinations, and it has no impact on the pipeline systems and terminals owned by Buckeye's other operating subsidiaries. In 2011, Buckeye Pipeline generated less than 50% of the revenue in Buckeye's Pipelines & Terminals operating segment, and deliveries of jet fuel to the New York City airports generated approximately10% of Buckeye Pipeline's revenues, representing approximately 5% of the revenue in Buckeye's Pipelines & Terminals segment. Under FERC rules, Buckeye Pipeline has 20 days to respond to the complaint.
News For BPL;DAL;JBLU;UAL;LCC From The Last 14 Days
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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 EDTUAL, 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 EDTLCC, UAL, DALBofA/Merrill to host a conference
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May 13, 2013
17:22 EDTBPLALPS Advisors reports 5.0% passive stake in Buckeye Partners
11:48 EDTUALUnited says two of six Boeing 787 converted to new FAA standard
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May 10, 2013
14:01 EDTJBLUJetBlue reports April traffic up 4.7% on a capacity increase of 6.5%
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06:47 EDTJBLU, UAL, DAL, LCCDelta 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
May 9, 2013
10:53 EDTDALGol Linhas, Delta expand codeshare agreement
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May 8, 2013
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.
09:24 EDTDALOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
08:33 EDTUALUnited Continental volatility at historic lows; shares at fresh five-year high
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08:24 EDTJBLUResponsys partners with JetBlue
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08:04 EDTDALDelta Air Lines announces capital deployment program
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08:02 EDTDALDelta Air Lines board authorizes $500M share repurchase program
The program will be completed no later than June 30, 2016.
08:02 EDTDALDelta Air Lines initiates quarterly dividend of 6c
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