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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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September 29, 2014
11:11 EDTLUVFAA steadily up flights arriving, departing Chicago airports after fire
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September 26, 2014
10:58 EDTLUVFire at FAA Chicago facility prompts flight halts, WSJ says
After a fire occurred in the Federal Aviation Administration's primary Chicago air-traffic control facility Aurora Illinois, flights in and out of Chicago's main airports have ceased, according to The Wall Street Journal, citing comments from the FAA. Midway International Airport is a main hub for Southwest (LUV) while United Continental (UAL) operates a hub out of O'Hare International Airport. Reference Link
September 24, 2014
11:03 EDTLUVSouthwest announces purchase agreement with Red Rocks Biofuels
Southwest Airlines signed an agreement with Red Rocks Biofuels to buy low carbon renewable jet fuel, made using forest residues that will help reduce the risk of wildfires in the Western U.S. The airline's agreement with RRB covers the purchase of approximately 3M gallons per year. The product will be used at Southwest's Bay Area operations with first delivery expected in 2016. RRB's first plant will convert approximately 140K dry tons of woody biomass feedstock into at least 12M gallons per year of renewable jet, diesel, and naphtha fuels.
September 23, 2014
09:18 EDTLUVCRT Capital believe long-term investors should buy Airlines aggressively
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