New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2014
08:39 EDTUAL, ALK, LUVAirines weakness a buying opportunity, says Cowen
Cowen views yesterday's weakness in the airlines as a buying opportunity. The firm believes the industry story remains intact and expects dividend increases, return of capital announcements, and international expansion to act as catalysts in the names they follow which include Outperform rated United Continental (UAL), Alaska Air (ALK), and Southwest Air (LUV).
News For UAL;ALK;LUV From The Last 14 Days
Check below for free stories on UAL;ALK;LUV the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 15, 2014
10:41 EDTUAL, LUVSouthwest rises after firm boosts rating on shares
Subscribe for More Information
10:00 EDTLUVOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:46 EDTLUVSouthwest upgraded to Buy from Hold at Argus
Argus upgraded Southwest, as the firm thinks the company has a number of positive catalysts and should report strong revenue and earnings over the next several quarters. Target $28.
April 14, 2014
07:24 EDTUAL, LUVFaster Wi-Fi on planes leads to competition in sky, Reuters says
Subscribe for More Information
April 9, 2014
19:02 EDTALKAlaska Air employees ratify five-year contract
Alaska Airlines' 2,500 clerical, office and passenger service employees, who are represented by the International Association of Machinists and Aerospace Workers, have ratified a new five-year contract. The contract was approved by 62% of those who voted.
April 8, 2014
17:22 EDTUALUnited Continental reports March consolidated load factor down 1.6 points
United Airlines reported March operational results. UAL's March consolidated traffic, or revenue passenger miles, increased 0.7% and consolidated capacity, or available seat miles, increased 2.7% versus March 2013. UAL's March consolidated load factor decreased 1.6 points compared to March 2013.
09:05 EDTLUVBAE Systems inks contract with Southwest for MRO services
Southwest Airlines (LUV) has selected BAE Systems (BAESY) as its exclusive provider of maintenance, repair, and overhaul services for the full authority digital engine controls on more than 450 737 Next Generation aircraft. Under the five-year agreement, BAE Systems will provide proactive repairs that will improve the availability and reliability of Southwest’s fleet.
08:48 EDTLUVSouthwest reports March RPMs up 1.6% YoY
Southwest Airlines announced that the Company flew 9.6 billion revenue passenger miles, or RPMs, in March, a 1.6% increase from the 9.4B RPMs flown in March 2013. Available seat miles, or ASMs, increased 0.8 % to 11.6B from the March 2013 level of 11.5B. The March 2014 load factor was 82.7%, compared to 82.0% in March 2013. For March passenger revenue per ASM, or PRASM, is estimated to have increased approximately one percent compared to March 2013. For the Q1 the Company flew 24.2B RPMs, compared to 23.8B RPMs flown for the same period in 2013, an increase of 1.7%. Year-to-date ASMs decreased 1.1% to 30.5B from 30.8B for the same period in 2013. The year-to-date load factor was 79.3%, compared to 77.1% for the same period in 2013.
08:18 EDTALKAlaska Air price target raised to $108 from $90 at Imperial Capital
Subscribe for More Information
April 7, 2014
10:32 EDTUALAirline stocks rally after Goldman ups sector rating
Airline stocks are rising in a down market after Goldman Sachs raised its rating on the sector to Attractive from Neutral. WHAT'S NEW: Although airline stocks have already outperformed the market, it's not too late for investors to get involved in the sector, Goldman wrote in a note to investors earlier today. Not yet priced into the stock are higher ticket prices, more crowded planes, and a recovering U.S. consumer, according to the firm. It initiated coverage of American Airlines (AAL) with a Buy rating and upgraded its rating on JetBlue (JBLU) to Neutral from Sell. Goldman kept Buy ratings on Delta (DAL) and United Continental (UAL). PRICE ACTION: In mid-morning trading, American Airlines rose 1.25% to $37, JetBlue added 0.6% to $8.80, Delta gained 2% to $35.30, and United Continental lost 0.5% to $44.65.
07:09 EDTUAL, LUVAirline quality study shows customer complaint improvement, Reuters says
Subscribe for More Information
06:14 EDTUAL, LUVAirlines sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Airlines sector to Attractive from Neutral based on a more bullish views on the cycle and improving demand. The analyst believes consensus estimates underestimate pricing, which will boost multiples. As part of the sector change, the firm initiated American Airlines (AAL) with a Buy rating and upgraded JetBlue (JBLU) to Neutral from Sell.
April 4, 2014
08:29 EDTLUVSouthwest valuation among cheapest in group, says Barclays
Barclays said Southwest's valuation is among the cheapest in the group and that its leverage to the domestic market is appealing. Shares are Overweight rated with a $28 price target, up from $26.
April 3, 2014
08:02 EDTALKAlaska Air reports March 4% increase in traffic on 4.6% increase in capacity
Subscribe for More Information
April 2, 2014
07:36 EDTLUVSouthwest coping with high costs, labor strife, WSJ says
Subscribe for More Information

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