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Stock Market & Financial Investment News

News Breaks
January 8, 2013
10:48 EDTLUVSouthwest rises after analyst says acquisition will provide boost
Southwest Airlines (LUV) is climbing after Deutsche Bank analyst Michael Linenberg upgraded the stock to Buy from Hold in a note to investors earlier today. The airline, which is poised to increase its return on invested capital, should begin to obtain revenue and cost savings from its AirTran acquisition, Linenberg wrote. Furthermore, Southwest is poised to buy back more shares and pay down more of its debt, added the analyst, who increased his price target on the stock to $15 from $11. In mid-morning trading, Southwest advanced 20c, or 1.83%, to $11.11.
News For LUV From The Last 14 Days
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November 26, 2014
09:27 EDTLUVSouthwest price target raised to $48 from $35 at Imperial Capital
Imperial Capital raised its price target for Southwest shares to $48 saying the company should benefit from "strong" domestic industry trends and lower fuel prices. The firm keeps an Outperform rating on the stock.
November 19, 2014
17:28 EDTLUVSouthwest CEO says likely to gain customers due to JetBlue bag fees
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17:28 EDTLUVSouthwest CEO says will not charge for checked bags going forward
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