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FAA Proposes $9.3 Million In Fines Against Boeing, Southwest
Monday, January 13, 2020 - 10:54am | 695Read More...For the second time in five weeks, the Federal Aviation Administration is proposing a multi-million dollar penalty against Boeing Co (NYSE: BA) for allegedly installing improperly manufactured components on the wings of some of its 737s. The latest penalty proposal, announced by FAA late Friday...
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Southwest Pilots Sue Boeing Over 737 MAX Grounding
Tuesday, October 8, 2019 - 9:27am | 607Read More...The Southwest Airlines Pilots Association on Monday sued The Boeing Co., (NYSE: BA) claiming the manufacturer engaged in fraud and that the grounding of the 737 MAX by regulators is costing its pilots millions of dollars in lost wages each month. In a complaint filed Oct. 7 in the District Court...
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Southwest Airlines Manages Slight Q2 Profit Despite Grounding of Boeing MAX 737s
Thursday, July 25, 2019 - 1:27pm | 409Read More...Southwest Airlines Co (NYSE: LUV) posted second quarter adjusted earnings of 70 cents per share, beating Wall Street estimates of 61 cents per share. The small profits for Dallas-based Southwest Airlines came despite reporting a $175 million operating loss due to canceled Boeing 737 MAX flights,...
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MKM Analyst: Would Short Southwest Around $39.50 And Cover Near $37
Friday, January 22, 2016 - 11:04am | 159Read More...Southwest Airlines Co (NYSE: LUV) shares are flat on Friday near the $39.50 level. According to some commentary from MKM's analyst desk, the airline stock might make a good short before it falls to the $37 level. The analysts are concerned about airliners and cruise ships following crude...
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Will Airline Stocks Only Work In High Oil?
Wednesday, July 15, 2015 - 7:15am | 354Read More...Morgan Stanley's Rajeev Lalwani analyzed airline stocks under the context of lower oil prices. In the firm's Question of the Week, Lalwani asked: "What do you prefer (A) low oil, limited capacity discipline, and higher profits or (B) high oil, increased capacity discipline, and...
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JP Morgan: 'Encouraged' By Southwest's Fare Hikes
Wednesday, June 10, 2015 - 7:29am | 301Read More...Less than a week after a much-hyped sale, Southwest Airlines Co (NYSE: LUV) raised its fares by $5 each way, according to Jamie Baker, an analyst with JP Morgan. JP Morgan said that the price hike impacts roughly half of Southwest's 100,000 fares, concentrated in fares with fewer than seven...
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Southwest CFO At Wolfe Conference: 'This Is A Peak Year' In Terms Of Growth
Wednesday, May 20, 2015 - 12:14pm | 455Read More...Southwest Airlines Co (NYSE: LUV) CFO Chief Financial Officer Tammy Romo spoke at Wolfe Research's 8th Annual Global Transportation Conference on Tuesday, and shared some projections that are rocking the airline industry. Here are 12 comments investors should be aware of: "We...
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2 Airline Startups Picking Up 'Scraps' From Large Airlines
Tuesday, July 29, 2014 - 9:55am | 590Read More...In a recent article, The Wall Street Journal noted that the U.S. airline industry has seen a rise in startups. The newcomers use a variety of business models to try to survive in an industry that has historically not been kind to newbies. One of the main obstacles to success for many startups...
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#PreMarket Primer: Monday, January 13: A Quiet Beginning To The Week
Monday, January 13, 2014 - 7:27am | 618Read More...After a week of important data last week, earnings should dominate the news this week but so far, Monday is beginning much like Friday ended: quiet. Dow futures are implying a slightly lower, 17-point open with the S&P lower by about three points. Friday, the Dow was essentially flat...
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Airlines In 2014 – Good Bet or Bad Deal?
Monday, January 6, 2014 - 12:05pm | 669Read More...In general, airline stocks did well in 2013, leading some analysts such as Jack Hough of Barron’s to promote at least some airlines for 2014. Hough likes Delta (NYSE: DAL) in particular. Hough included that airline in a list of what he called turnaround stocks. Hough wrote, “The company has...
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The Newest Round of Airline Fees Has Arrived
Saturday, May 11, 2013 - 10:01am | 595Read More...This may arouse confusing feelings about how to react - should you laugh, cry, or throw a major stomping/screaming fit like the toddler in 8C (that did it for the entire flight)? Seriously, airline fees are getting out of control—so much so that you would have to think these fees are a misprint...
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How To Avoid Extra Airline Fees
Monday, March 18, 2013 - 2:58pm | 688Read More...Airlines realize that customers hate add-on fees. So, they’re dumping them, right? Not exactly. They’re rebranding them. According to Kiplinger, the fees are the same, only the names are new. Now, they’re called “fare choices” or “trip extras.” For example, American Airlines’ Choice Essential...
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Accenture, Covidien, Seagate and Other St. Patrick's Stock Picks
Friday, March 16, 2012 - 5:49am | 1019Read More...St. Patrick's Day is almost upon us. So here is a quick look at how the stocks of some companies headquartered in Ireland are faring, given the uncertain economic situation in Europe. Accenture's (NYSE: ACN) share price is up more than 17% year to date, including a 9% surge in the past month. The...
