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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, 2015
10:49 EDTUALUnited Continental April weekly volatility elevated into Q1 and outlook
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April 14, 2015
07:10 EDTUALAviation Week to hold a conference
MRO Americas 2015 is being held in Miami Beach on April 14-16.
April 13, 2015
06:07 EDTUALUS airline carriers accused of hypocrisy in subsidy debate, LA Times reports
American Airlines (AAL), Delta Air Lines (DAL) and United Airlines (UAL) have complained that Etihad, Emirates and Qatar Airlines have an unfair advantage due to the $42B in government subsidies received over the last decade, reports the Los Angeles Times. The U.S. carriers have asked federal officials to renegotiate an Open Skies agreement, although a new congressional report says that the U.S. airline industry benefited from $155B in support from the U.S. government from 1918 to 1999. Reference Link
April 10, 2015
06:08 EDTUALFAA letter to United cites violations regarding pilot qualification, WSJ says
United Continental by the FAA was increased in February due to risks from repeated violations of mandatory pilot qualification and scheduling requirements, The Wall Street Journal reports. According to a February 6 letter from an FAA official to United, the FAA called for a "thorough overhaul of parts of United's process for qualifying crew members," and followed a safety warning to United pilots sent in January. The letter notes voluntary reports of 12 violations in 13 months stemming "from the same or similar set of circumstances" and indicate a "systemic" hazard, requiring United to complete a review of its processes for crew member qualification. Reference Link
April 9, 2015
09:27 EDTUALOn The Fly: Pre-market Movers
HIGHER: Pier 1 Imports (PIR), up 5.8% after earnings beat estimates, dividend boosted, and shares upgraded at Wedbush... Novogen (NVGN) rose after announcing that Australian studies revealed its experimental drug, Anisina, killed melanoma cells irrespective of their mutational status. Shares of small-cap Novogen rose 35% in pre-market trading following the company's report on the studies... TASER (TASR), up 3.8% after announcing UK order from London for 178 AXON body cameras... United Continental (UAL), up 2.8% after narrowing Q1 PRASM forecast... Walgreens Boots Alliance (WBA), up 2.4% after reporting Q2 results. LOWER: Zynga (ZNGA), down 12% after announcing last night that current CEO Don Mattrick will depart the company and the board and Mark Pincus, Zynga's founder and chairman, will return to the role of CEO... Alcoa (AA), down 2% after reporting Q1 financial results and giving 2015 guidance... Cliffs Natural (CLF), down 4.6% after BMO Capital cut it rating to the equivalent of sell and halved its price target on the stock to $4.
07:11 EDTUALUnited Continental sees Q1 consolidated capacity up 0.1%
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07:01 EDTUALUnited Continental reports March consolidated traffic down 0.7%
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