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Elon Musk's SpaceX Faces New Challenger As Boeing-Lockheed's Vulcan Rocket Reportedly Set To Take Off Next Week
Thursday, January 4, 2024 - 9:44am | 784The Vulcan rocket, a collaborative effort between Boeing Company (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT), is reportedly set to make its inaugural launch as early as next week, attracting the attention of several billionaires. Positioned as a...
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Southwest Pilots Reach Agreement With The Airline Over Pay Issues: Here's Details
Wednesday, December 20, 2023 - 10:35am | 269Southwest Airlines Company (NYSE: LUV) pilots association reached an Agreement in Principle (AIP) with the company. Located in Dallas, Texas, the Southwest Airlines Pilots Association (SWAPA) is a non-profit employee organization representing the more than 11,000 pilots of Southwest. The term...
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Southwest Airlines Hit With Record $140M DOT Fine, Consumer Protection Violations Highlighted
Monday, December 18, 2023 - 9:03am | 429Southwest Airlines Company (NYSE: LUV) faces a record $140 million penalty from the U.S. Department of Transportation (DOT) for multiple consumer protection violations during the 2022 holiday season. This penalty is 30 times larger than any previous DOT penalty for consumer...
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Worksport's Subsidiary Terravis Promises To Raise The Bar In Sustainable Heating And Cooling
Wednesday, December 13, 2023 - 10:28am | 925The majority of North American households in colder areas depend on pricey fossil fuel-powered central furnaces with which air is blown through duct systems. Heat pumps have two undebatable advantages: they are good for the climate as they don’t burn...
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Satellite Maker Terran Orbital Places Itself On The Market: Searches For A Buyer As Challenges Mount
Monday, December 11, 2023 - 10:12am | 504Terran Orbital Corp (NYSE: LLAP), a prominent player in the small satellite sector, is conducting a formal review of strategic alternatives. The regulatory disclosure follows an earlier WSJ report that Terran has attracted interest from potential strategic and...
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Southwest Airlines' Stock Gains As Airline Approaches Landmark Pilot Agreement Before Holiday Season
Friday, December 1, 2023 - 1:41pm | 689Southwest Airlines Company (NYSE: LUV) shares are trading higher after the company is reportedly nearing a new contract agreement with its pilots' union. Shares of peers Delta Air Lines, Inc. (NYSE: DAL), United Airlines Holdings, Inc. (NASDAQ: UAL), and...
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Ryanair Caught In Parts Scandal? Unauthorized Components Reportedly Found In Engines
Friday, December 1, 2023 - 11:37am | 693Ryanair Holdings Plc (NASDAQ: RYAAY) reportedly discovered unauthorized parts in two aircraft engines, joining other significant airlines in dealing with the issue of components distributed with counterfeit certification documents. During routine maintenance checks in Texas and Brazil...
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Sky's The Limit: Boeing To Ramp Up PAC-3 Seeker Output With Major Factory Expansion
Tuesday, November 14, 2023 - 8:42am | 295Boeing Co (NYSE: BA) is planning a 35,000-square-foot expansion of its Huntsville factory that produces the Patriot Advanced Capability-3 (PAC-3) seeker. The expansion is expected to increase Boeing's annual PAC-3 seeker production by more than 30%. Seeker provides guidance data...
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Penalty Warranted For Southwest Airlines' Flight Fiasco, Amazon Leverages Generative AI for Holiday Ad Boost, McDonald's Q3 Earnings: Today's Top Stories
Monday, October 30, 2023 - 9:07am | 2205Benzinga 'Penalty Is Warranted' - DoT Notifies Southwest Airlines Over Holiday Flight Fiasco Southwest Airlines Co. (NYSE: LUV) has received a warning from the U.S. Department of Transportation that it may face a fine due to significant operational disruptions last December that...
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'Penalty Is Warranted' - DoT Notifies Southwest Airlines Over Holiday Flight Fiasco
Monday, October 30, 2023 - 8:51am | 263Southwest Airlines Co. (NYSE: LUV) has received a warning from the U.S. Department of Transportation that it may face a fine due to significant operational disruptions last December that caused widespread flight cancellations and passenger distress. This disruption and subsequent...
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Study In Contrasts: Robust Economic Data, Including GDP, Can't Stop Slide On Wall Street
Thursday, October 26, 2023 - 1:07pm | 2249(Thursday market open) Economic vigor contrasts early Thursday with a retreating stock market. The first government estimate for third-quarter Gross Domestic Product (GDP) outpaced most estimates and orders for durable goods remained robust, but Wall Street lost more ground in...
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Leisure Demand Propels Southwest Q3 Revenue, Although Challenges Spark Capacity Adjustments In 2024 Plan
Thursday, October 26, 2023 - 11:33am | 439Southwest Airlines Co (NYSE: LUV) reported a third-quarter FY23 operating revenue increase of 4.9% year-over-year to $6.525 billion, missing the consensus of $6.56 billion. The airline stated that the revenue strength was driven by solid leisure demand throughout the quarter and by...
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ManpowerGroup Bears The Brunt Of Macro Woes Amid Weakness In Europe, Analyst Says Tough To Recommend This Name
Friday, October 20, 2023 - 2:14pm | 420BMO Capital Markets analyst Jeffrey M. Silber reiterates the Market Perform rating on ManpowerGroup (NYSE: MAN), lowering the price target to $79 from $88. The company reported third-quarter FY23 results where revenues from services declined 2.6% year-on-year to $4.676 billion,...
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Why Workforce Solutions Company ManpowerGroup's Shares Are Trading Lower Today
Thursday, October 19, 2023 - 11:05am | 390ManpowerGroup (NYSE: MAN) shares are trading lower after the company reported third-quarter FY23 results. Revenues from services declined 2.6% year-on-year to $4.676 billion, missing the analyst consensus of $4.70 billion. Revenues fell 5% at constant currency. Challenging...
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Why Manufacturing Company Lindsay's Shares Are Rocketing Today
Thursday, October 19, 2023 - 10:15am | 419Lindsay Corp's (NYSE: LNN) shares are trading higher by over 23% after it reported Q4 FY23 results. Lindsay, a global manufacturer and distributor of irrigation and infrastructure equipment and technology, reported revenue of $167.1 million, surpassing the consensus of $157.8 million...