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Stock Market & Financial Investment News

News Breaks
January 11, 2013
14:33 EDTUALUnited Airlines launches baggage delivery service
United Airlines announced the launch of a new baggage delivery option, enabling customers to have their checked bags delivered directly to their final destinations within 100 miles of their arrival airports and skip baggage claim upon arrival. Baggage delivery by BagsVIP will initially be available to customers departing from any domestic airport and arriving in Boston, Chicago, Honolulu, Houston, Los Angeles and Orlando. The airline plans to expand the service to more than 190 domestic airports in the coming months, the airline said.
News For UAL From The Last 14 Days
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April 15, 2014
10:41 EDTUALSouthwest rises after firm boosts rating on shares
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April 14, 2014
07:24 EDTUALFaster Wi-Fi on planes leads to competition in sky, Reuters says
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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.
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 EDTUALAirline quality study shows customer complaint improvement, Reuters says
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06:14 EDTUALAirlines 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.

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