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Stock Market & Financial Investment News

News Breaks
December 26, 2012
09:23 EDTGOLGol Linhas rises after step toward potential 'Smiles' IPO
U.S. listed shares of GOL Linhas (GOL), a low-cost and low-fare airline in Latin America, are up over 8% in pre-market trading after the company announced late Friday that the company has segregated the activities of its "Smiles" loyalty program. The company has previously announced to the market that it is analyzing the possibility of holding an initial public offering of Smiles S.A., although there is no estimate or prediction as to when these analyses will be concluded, according to the company's press release. The company added that it "would like to emphasize that that no decision has been taken regarding this matter and that it may or may not conduct the IPO or an alternative operation in regard to Smiles S.A." Also late Friday, GOL reported operational data for the month of November. The company said its domestic supply in November fell by 16.9% year over year, which was in line with GOL's strategy to adjust supply to the national industry's new cost levels. The company also said its domestic load factor increased by 5 percentage points over November 2011, to 69.1% from 64.1%, primarily due to the decline in supply.
News For GOL From The Last 14 Days
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February 2, 2016
10:00 EDTGOLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DuPont Fabros (DFT) upgraded to Buy from Hold at Evercore ISI... GOL Linhas (GOL) upgraded to Neutral from Sell at Goldman... Integrated Device (IDTI) upgraded to Outperform from Neutral at Wedbush... Julius Baer (JBAXY) upgraded to Hold from Sell at Deutsche Bank... Kohl's (KSS) upgraded to Buy from Neutral at Buckingham... Mattel (MAT) upgraded on positive catalysts at Stifel... Mitsubishi sees limited downside for Tableau (DATA), ups to Neutral ... Morgan Stanley (MS) upgraded to Outperform from Neutral at Macquarie... Netflix (NFLX) upgraded to Overweight from Neutral at Piper Jaffray... Realty Income (O) upgraded to Equal Weight from Underweight at Morgan Stanley... TJX (TJX) upgraded to Outperform from Market Perform at BMO Capital.
07:01 EDTGOLGOL Linhas upgraded to Neutral from Sell at Goldman
Goldman Sachs analyst Marcio Prado upgraded GOL Linhas Aereas Inteligentes to Neutral citing higher than expected yields in Q4. The analyst thinks lower oil prices could drive additional upside and upped his price target for the shares to $1.25 from $1.
February 1, 2016
06:41 EDTGOLBrazil mulls removing foreign stake limit for airlines, Reuters reports
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