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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 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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November 11, 2014
07:50 EDTLUVSouthwest price target raised to $44 from $38 at UBS
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06:29 EDTLUVSouthwest expects to raise capacity by 6% in 2015, WSJ reports
Southwest expects to boost its capacity by 6% in 2015 due growth mostly from adding more seats to its planes and flying longer distances, reports the Wall Street Journal. Of the growth, nearly 3% will come from increased from in and out of Love Field in Dallas and another 2% of next year's growth will come mostly from expanded flights from Washington's Reagan National Airport. Reference Link
November 10, 2014
14:01 EDTLUVSouthwest announces plans to serve fourth destination in Mexico
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08:46 EDTLUVSouthwest reports October RPMs up 4.4% to 9B
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