New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 24, 2014
09:43 EDTUALUnited Continental sees Q3 PRASM up 2%-4%
United Continental expects its Q3 consolidated passenger revenue per available seat mile, or PRASM, to increase between 2.0% and 4.0% versus the third quarter of 2013. For Q3, the company estimates its consolidated system available seat miles, or ASMs, to increase between 0.2% and 1.2% compared to the same period in the prior year. For Q3, the company expects consolidated cost per ASM, or CASM, excluding profit sharing, fuel, third-party business expenses and special charges, to increase 1.0% to 2.0% year-over-year. The company expects to record approximately $70M of third-party business expense in the third quarter and approximately $550M for FY14. Corresponding third-party business revenue associated with third-party business activities is recorded in other revenue. As of June 30, the company ended its agreement to sell fuel to a third party, which will reduce other revenue and third-party business expense. Guidance in regulatory filing related to investor update.
News For UAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 4, 2015
08:32 EDTUALUnited Continental names Geral Laderman as acting CFO
Subscribe for More Information
08:31 EDTUALPayPal names John Rainey as CFO, effective August 24
PayPal Holdings (PYPL) announced John D. Rainey is joining the digital payments leader as its new CFO, effective August 24, 2015. Rainey joins PayPal from United Continental Holdings (UAL), where he was Executive Vice President and CFO at United Airlines. Rainey will lead PayPalís financial operations, regional finance teams and investor relations. He will report directly to Schulman. He will succeed Patrick Dupuis, who has served as PayPalís CFO for five years.
August 3, 2015
16:45 EDTUALOn The Fly: Top stock stories for Monday
Subscribe for More Information
July 30, 2015
20:04 EDTUALUnited Continental CEO rejects criticism of high airline fees, Reuters says
Subscribe for More Information
July 29, 2015
08:35 EDTUALUnited computers said to be breached by hackers, Bloomberg reports
United Airlines (UAL) detected a breach of its computer systems in May or early June, reported Bloomberg, citing several people familiar with an investigation into the matter. The cyberattack on United has been linked to the China-backed hackers said to be responsible for several other large incursions, including thefts of data from the U.S. Office of Personnel Management and health insurer Anthem (ANTM), according to several of the people who talked to Bloomberg. Publicly traded companies in the cybersecurity space include Barracuda (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
July 24, 2015
11:30 EDTUALDOT requests airline pricing information following complaints of irregular fares
Subscribe for More Information
10:00 EDTUALOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:08 EDTUALUnited Continental upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded United Continental with a $72 price target citing an improved outlook and higher share buyback program following the airliner's Q2 results. The firm views the stock as compelling at current levels.
July 23, 2015
15:00 EDTUALProposed bill would cut airline bag fees, Bloomberg reports
Subscribe for More Information
10:46 EDTUALUnited Continental sees Q3 CASM to be flat, FY15 CASM to be flat to up 0.5%
10:45 EDTUALUnited Continental says revenue hurt by oil and gas industry weakness
Subscribe for More Information
10:45 EDTUALUnited Continental sees FY15 consolidated capacity to grow 1%-1.5%
Subscribe for More Information
10:43 EDTUALUnited Continental reports Q2 corporate revenue down 5%
10:43 EDTUALUnited Continental sees Q3 unit revenue to decline 5%-7%
Subscribe for More Information
10:37 EDTUALUnited Continental says Q2 was challenging due to weather, maintenance spike
Subscribe for More Information
10:36 EDTUALUnited Continental expects Q3 pre-tax margin 13.5%-15.5%
Subscribe for More Information
07:34 EDTUALUnited Continental announces additional $3B share repurchase program
Jeff Smisek, UAL's chairman, president and CEO, said, "The $3B share repurchase program we announced today demonstrates the confidence we have in our future. We will continue to invest in our customers, assets and our people, and remain committed to improving our balance sheet, expanding our margins and improving our return on invested capital, and expect our third quarter pre-tax margin to be between 13.5%-15.5%, excluding special items." The company expects to complete the additional $3B share repurchase program by the end of 2017.
07:32 EDTUALUnited Continental reports Q2 EPS ex-items $3.31, consensus $3.31
Subscribe for More Information
July 22, 2015
15:26 EDTUALNotable companies reporting before tomorrow's open
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