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News Breaks | | | | October 11, 2012 | | 07:08 EDT |  | UAL, BPL, DAL, LCC, JBLU | Buckeye Partners files answer to airlines' complaint
Buckeye Partners, L.P. announced that Buckeye Pipe Line Co., L.P., or Buckeye Pipeline,has filed with the Federal Energy Regulatory Commission, or FERC, its answer to the complaint filed by Delta Air Lines, JetBlue Airways, United/Continental Air Lines, and US Airways on Thursday, Sept. 20, challenging the tariff rates charged by Buckeye Pipeline for the transportation of jet fuel from its facilities in New Jersey to three New York City-area airports. In answering the complaint, Buckeye Pipeline demonstrates that the airlines' allegations regarding cost over-recovery are based on inappropriate adjustments to the pipeline's costs and revenues and, more importantly, are irrelevant because Buckeye Pipeline's rates are set under a FERC-approved program that ties rates to competitive levels. Buckeye Pipeline also seeks dismissal by FERC of the complaint to the extent it seeks to challenge the portion of Buckeye Pipeline's rates that were protected by Congress in the 1992 Energy Policy Act. Buckeye Pipeline also intends to file an application in the coming days with FERC seeking authority to charge market-based rates for deliveries of refined petroleum products to the New York City-area market. If the application is approved by FERC, Buckeye Pipeline would be permitted to set its NYC area tariff rates on the basis of competitive forces. | |
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News For BPL;JBLU;DAL;UAL;LCC From The Last 14 Days Check below for free stories on BPL;JBLU;DAL;UAL;LCC the last two weeks. |
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| May 17, 2013 | | 09:31 EDT |  | UAL | United Continental upgraded to Market Perform from Underperform at Avondale
| | | 05:59 EDT |  | LCC | Stocks 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 EDT |  | UAL, DAL | EU 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 EDT | | LCC | Soros 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 EDT | | DAL | Delta Air Lines says expects 'record' June quarter
 Subscribe for More Information | | | May 14, 2013 | | 07:17 EDT |  | LCC, UAL, DAL | BofA/Merrill to host a conference
Subscribe for More Information | | | May 13, 2013 | | 17:22 EDT | | BPL | ALPS Advisors reports 5.0% passive stake in Buckeye Partners
| | | 11:48 EDT | | UAL | United says two of six Boeing 787 converted to new FAA standard
Subscribe for More Information | | | May 10, 2013 | | 14:01 EDT | | JBLU | JetBlue reports April traffic up 4.7% on a capacity increase of 6.5%
Subscribe for More Information | | | 06:47 EDT | | JBLU, UAL, DAL, LCC | Delta 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 EDT | | DAL | Gol Linhas, Delta expand codeshare agreement
Subscribe for More Information | | | May 8, 2013 | | 12:20 EDT |  | DAL | On The Fly: Midday Wrap
Subscribe for More Information | | | 12:03 EDT |  | DAL | Delta 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 EDT | | DAL | On 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 EDT | | UAL | United Continental volatility at historic lows; shares at fresh five-year high
Subscribe for More Information | | | 08:24 EDT | | JBLU | Responsys partners with JetBlue
Subscribe for More Information | | | 08:04 EDT | | DAL | Delta Air Lines announces capital deployment program
Subscribe for More Information | | | 08:02 EDT | | DAL | Delta Air Lines board authorizes $500M share repurchase program
The program will be completed no later than June 30, 2016. | | | 08:02 EDT | | DAL | Delta Air Lines initiates quarterly dividend of 6c
Subscribe for More Information | | | 05:44 EDT | | JBLU, LCC, DAL, UAL | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | | |
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