New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 10, 2014
10:52 EDTLUV, BASouthwest says outlook for Q1 revenue 'remains solid'
Southwest (LUV) says it will continue to invest in key airports for future growth opportunities. Says will accept its first delivery of Boeing's (BA) 737 MAX Aircraft in FY17. Says financially well-positioned. Says balance sheet, cash flow strong. Sees Q1 PRASM up approximately 3% y/y. Sees Q1 non fuel unit costs up 5% vs. last year. Says no change in fuel guidance based on current market for Q1. Says intends to keep capacity for year relatively flat on y/y basis for FY14. Sees FY CapEx $1.7B-$1.8B. Sees "healthy" cash flow in FY14. Sees completing share repurchase program by end of May. Comments made during the JPMorgan Aviation, Transportation & Industrials conference.
News For LUV;BA From The Last 14 Days
Check below for free stories on LUV;BA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
September 12, 2014
12:20 EDTLUVSouthwest Airlines announces new service to San Jose, Costa Rica
Southwest Airlines announced earlier that it has filed an application with the U.S. Department of Transportation to add its first destination in Central America with daily roundtrip service between Baltimore/Washington Thurgood Marshall International Airport and Juan Santamaria International Airport in San Jose, Costa Rica, beginning March 7, 2015. Costa Rica will be the sixth near-international country served by Southwest Airlines from its U.S. gateway cities.
September 11, 2014
09:01 EDTBAAlcoa signs multiyear supply contract with Boeing valued at over $1B
Alcoa (AA) has signed a long-term contract to supply aluminum sheet and plate products to Boeing (BA). The multiyear contract, valued at more than $1B, is the largest ever between the two companies. Notably, the agreement makes Alcoa sole supplier to Boeing for wing skins on all of its metallic structure airplanes. Alcoa plate products, used in applications such as wing ribs, wing skins or other structural parts of the aircraft, will also be on every Boeing platform, including the 787 Dreamliner. Finally, the agreement establishes a foundation for continued collaboration on new, high-strength and corrosion-resistant alloys, including aluminum-lithium that could be used for complex structural applications.
September 10, 2014
09:14 EDTBABoeing receives first order for 502 Phoenix small satellite
Boeing received its first commercial order for the 502 Phoenix small satellite from HySpecIQ of Washington, D.C. The satellites will carry the commercial remote sensing industry’s first hyperspectral payload, capable of providing spectral imaging fidelity. Boeing will deliver a complete satellite system initially consisting of two satellites, available for launch in 2018, command and control operations, image processing, and data storage of collected imagery. The contract includes options for long-term operations and maintenance.
09:09 EDTLUVSouthwest added to Stifel Select List at Stifel
Stifel added Southwest (LUV) to its Stifel Select List and increased its price target on the stock to $55 from $30. The firm raised its estimates for the company based on stronger than expected revenue performance through the first two months of Q3 and a more favorable outlook for CASM in 2015. Additionally, the firm expects the company to introduce baggage fees, possibly within two years, in the wake of JetBlue's (JBLU) decision to do so. Stifel keeps a Buy rating on Southwest.
September 9, 2014
10:10 EDTLUVOn the Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AMC Entertainment (AMC) initiated with a Hold at Topek... AMRI (AMRI) initiated with an Overweight at JPMorgan... Alcoa (AA) initiated with an Outperform at Bernstein... Alumina (AWC) initiated with a Market Perform at Bernstein... American Airlines (AAL) initiated with an Outperform at Credit Suisse... Catalent (CTLT) initiated with a Buy at BofA/Merrill... Chimerix (CMRX) initiated with a Buy at Cantor... Delta Air Lines (DAL) initiated with an Outperform at Credit Suisse... Enable Midstream (ENBL) initiated with an Outperform at BMO Capital... Enbridge Energy (EEP) initiated with a Market Perform at BMO Capital... Endocyte (ECYT) initiated with a Buy at Cantor... EnerNOC (ENOC) initiated with an Outperform at Pacific Crest... Enterprise Products (EPD) initiated with an Outperform at BMO Capital... Good Times Restaurants (GTIM) initiated with a Buy at Roth Capital... JetBlue (JBLU) initiated with an Underperform at Credit Suisse... Kinder Morgan Energy (KMP) initiated with a Market Perform at BMO Capital... MEI Pharma (MEIP) initiated with a Buy at Cantor... ONEOK Partners (OKS) initiated with a Market Perform at BMO Capital... Southwest (LUV) initiated with a Neutral at Credit Suisse... Spectra Energy Partners (SEP) initiated with an Outperform at BMO Capital... TC PipeLines (TCP) initiated with a Market Perform at BMO Capital... TECO Energy (TE) initiated with a Neutral at Citigroup... Targa Resources Partners (NGLS) initiated with a Market Perform at BMO Capital... United Continental (UAL) initiated with an Outperform at Credit Suisse... Weibo (WB) initiated with a Buy at T.H. Capital... Williams Partners (WPZ) initiated with a Market Perform at BMO Capital.
09:37 EDTBABoeing announces agreement with GA Telesis
Subscribe for More Information
09:00 EDTLUVSouthwest reports August traffic up 4.9%
Southwest Airlines flew 9.6B revenue passenger miles, or RPMs, in August, a 4.9% increase from the 9.2B RPMs flown in August 2013. Available seat miles, or ASMs, remained relatively flat compared to the August 2013 level of 11.3B. The August 2014 load factor was 85.5%, compared to 81.3% in August 2013. For August 2014, passenger revenue per ASM is estimated to have increased in the 5%-6% as compared to August 2013.
06:17 EDTBABoeing up against pressure to boost 737 production rate, Reuters says
Subscribe for More Information
05:40 EDTLUVU.S. Airline sector initiated with an Overweight at Credit Suisse
Subscribe for More Information
September 8, 2014
16:18 EDTBAOn The Fly: Closing Wrap
Subscribe for More Information
16:02 EDTLUVSouthwest initiated with a Neutral at Credit Suisse
Subscribe for More Information
12:18 EDTBAOn The Fly: Midday Wrap
Subscribe for More Information
09:35 EDTBARyanair places order for up to 200 Boeing 737 MAX
Ryanair (RYAAY) confirmed an agreement with Boeing (BA) to purchase up to 200 new Boeing 737 MAX 200 aircraft, including 100 firm orders and 100 options. When finalized and all options exercised, this deal will be worth over $22B at current list prices, Ryanair stated, adding that it becomes the lead customer for this new aircraft, which for Ryanair will feature 197 seats and new CFM LEAP-1B engines.
09:33 EDTBARyanair places order for up to 200 Boeing 737 Max
Subscribe for More Information
06:47 EDTBARyanair to possibly place $10B Boeing order, Reuters says
Subscribe for More Information
September 7, 2014
15:29 EDTBABoeing, Ryanair set to make significant fleet announcement, Reuters says
Boeing (BA) CEO Ray Conner and Ryanair (RYAAY) CEO Michael O'Leary are set to announce on Monday a significant purchase by Ryanair of Boeing 737 MAX 8 jetliners, says Reuters. With this order, Boeing will further cement its lead over rival Airbus Group (EADSY) in the order tally so far this year, added Reuters. Reference Link
September 6, 2014
16:51 EDTBABoeing shares could climb 20%
Subscribe for More Information
September 5, 2014
14:41 EDTBABoeing set to win $11B deal for max jets from Ryanair, Bloomberg says
08:31 EDTBARyanair furthering discussions for possible $10B Boeing deal, Reuters says
Subscribe for More Information
06:40 EDTBACanada to presumably purchase fighter jets from U.S. firms, Reuters says
Subscribe for More Information
1 | 2 | 3 | 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