New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:24 EDTUAL, JBLU, DAL, LUVAirlines face possible U.S. tax on baggage fees, Bloomberg reports
The airline industry (DAL, UAL, LUV, JBLU) and one of its prominent allies are gearing up to fight a possible push in Congress to tax baggage fees and other air-travel charges as a way to generate additional federal revenue, reports Bloomberg.Reference Link
News For DAL;UAL;LUV;JBLU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
February 26, 2015
06:36 EDTUALUnited Continental issues safety warning to pilots, WSJ says
Subscribe for More Information
06:35 EDTDALBoeing, FedEx oppose punishing Gulf airlines for alleged subsidies, Reuters says
Subscribe for More Information
February 25, 2015
09:16 EDTDALGogo selected by Delta Air Lines for in-flight connectivity
Subscribe for More Information
06:10 EDTLUVFAA will allow Southwest to fly planes that missed inspection, WSJ reports
Subscribe for More Information
February 24, 2015
15:54 EDTJBLUAmerican Express confirms end of partnership with JetBlue
American Express (AXP) confirmed in a regulatory filing that the company was unable to reach terms to renew its cobrand relationship with JetBlue (JBLU) recently. The Fly notes that Bloomberg first reported on February 13 that JetBlue was ending its agreement with American Express.
07:30 EDTUAL, DALJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
06:29 EDTJBLU, DAL, UALCriticism grows against U.S. airline attempts to limit Gulf airlines, WSJ says
Subscribe for More Information
February 23, 2015
16:17 EDTUAL, JBLU, DALBuckeye Partners reduces FY14 revenue by $40M due to settlement discussions
Buckeye Partners (BPL) announced revisions to its financial results for Q4 and FY14 due to a recent development. As has been previously disclosed, commencing in September 2012, Delta Air Lines (DAL), JetBlue (JBLU), United/Continental Air Lines (UAL), US Airways, and American Airlines (AAL) filed complaints with the Federal Energy Regulatory Commission challenging rates for transportation of jet fuel from New Jersey to three New York City area airports charged by Buckeye Pipe Line Company, an operating subsidiary of Buckeye. The Airlines are seeking payments for alleged past excessive charges and prospective tariff rate reductions. As the litigation has progressed, BPLC and the Airlines have continued to pursue settlement discussions. Due to positive developments in those settlement discussions subsequent to Buckeye's issuance of its 2014 earnings on Friday, February 6, Buckeye has recorded a reduction in revenue in the amount of $40M for the year ended December 31, 2014 in accordance with applicable accounting guidance regarding contingencies. This reduction in revenue is a one-time charge; therefore, Adjusted EBITDA and distributable cash flow for 2014 remain as reported on February 6th. The $40M is based upon a settlement offer made by BPLC to satisfy the claims for alleged past excessive charges through December 31, 2014, which offer has not been accepted by the Airlines. "While we continue to pursue settlement of this matter, we are not able to predict with certainty the final outcome of the proceeding, should it be carried through to its conclusion, or whether we can reach a satisfactory settlement and, if so, whether or not it will be on more or less favorable terms," the company said.
14:58 EDTDALDelta, American among airlines interested in Skymark tie-up, Nikkei says
Subscribe for More Information
10:55 EDTDALStocks with call strike movement; TSLA DAL
Subscribe for More Information
February 20, 2015
17:20 EDTUALUnited Continental says cooperating with government investigation
Subscribe for More Information
February 19, 2015
09:59 EDTJBLU, UAL, LUVOn The Fly: Analyst Initiation Summary
Subscribe for More Information
February 18, 2015
17:50 EDTDALDelta Air Lines reinstated with a Buy at BofA/Merrill
Subscribe for More Information
17:28 EDTJBLUJetBlue initiated with a Buy at BofA/Merrill
Subscribe for More Information
17:27 EDTLUVSouthwest initiated with a Buy at BofA/Merrill
Target $52.
17:27 EDTUALUnited Continental initiated with a Neutral at BofA/Merrill
Subscribe for More Information
05:15 EDTJBLUJetBlue says Lufthansa incentive order will have no impact on share count
Subscribe for More Information
February 17, 2015
17:02 EDTUALSoros Fund Management gives quarterly update on stakes
Subscribe for More Information
13:18 EDTUALOmega Advisors gives quarterly update on stakes
Subscribe for More Information
07:24 EDTUALExecutives' Club of Chicago to hold a breakfast meeting
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use