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Stock Market & Financial Investment News

News Breaks
October 12, 2012
06:19 EDTUAL, DALUnited Airlines drops fare increase, AP reports
United Airlines (UAL) has dropped an increase of $4-$10 per round trip on many U.S. routes, the Associated Press reports. Delta (DAL), which had matched prices, also dropped prices back. Reference Link
News For UAL;DAL From The Last 14 Days
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May 21, 2013
07:23 EDTUALWolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23.
06:56 EDTUALSkyWest announces agreement with Embraer for 100 firm, 100 options for E175s
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06:52 EDTUALSkyWest announces agreement with United for 40 Embraer E175 regional jets
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06:48 EDTUALUnited to add 40 more Embraer 76-seat aircraft to United Express fleet
United Airlines (UAL) announced a capacity purchase agreement for SkyWest Airlines, a wholly-owned subsidiary of SkyWest (SKYW), to operate 40 Embraer (ERJ) 175 aircraft under the United Express brand. SkyWest will purchase the 40 76-seat aircraft with deliveries in 2014 and 2015. These aircraft are in addition to 30 Embraer 175 aircraft that United previously announced it will purchase and which will be operated by a United Express carrier, also scheduled for delivery between 2014 and 2015.
May 20, 2013
05:46 EDTUALBoeing look to improve more Dreamliner systems, WSJ reports
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May 17, 2013
09:31 EDTUALUnited Continental upgraded to Market Perform from Underperform at Avondale
May 16, 2013
08:28 EDTDAL, UALEU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link
May 15, 2013
09:29 EDTDALDelta Air Lines says expects 'record' June quarter
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May 14, 2013
07:17 EDTDAL, UALBofA/Merrill to host a conference
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May 13, 2013
11:48 EDTUALUnited says two of six Boeing 787 converted to new FAA standard
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May 10, 2013
06:47 EDTDAL, UALDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 9, 2013
10:53 EDTDALGol Linhas, Delta expand codeshare agreement
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May 8, 2013
12:20 EDTDALOn The Fly: Midday Wrap
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12:03 EDTDALDelta Air Lines price target raised to $23 from $20 at Imperial Capital
Imperial Capital raised its price target for Delta Air Lines after the company established a dividend and announced a share repurchase program. The firm keeps an Outperform rating on the stock.
09:24 EDTDALOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
08:33 EDTUALUnited Continental volatility at historic lows; shares at fresh five-year high
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08:04 EDTDALDelta Air Lines announces capital deployment program
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08:02 EDTDALDelta Air Lines board authorizes $500M share repurchase program
The program will be completed no later than June 30, 2016.
08:02 EDTDALDelta Air Lines initiates quarterly dividend of 6c
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05:44 EDTUAL, DALU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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