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The 5 Worst US Airports For Flight Delays: Ranking LAX, EWR, ORD, DFW And SFO
Tuesday, March 7, 2023 - 12:43pm | 456Air travel is often subject to delays. This was especially the case in late 2022. Recall how Southwest Airlines Co. (NYSE: LUV) canceled more than 13,000 flights leaving thousands of customers and employees stranded at airports. Indeed, this can be a major source of frustration and stress. And...
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NTSB & FAA Probe String Of Recent Runway Incidents: Report
Tuesday, March 7, 2023 - 12:06pm | 506U.S. aviation authorities reportedly probe a fresh incident involving two airplanes cleared to use the same runway that forced one to abandon a landing and renewed safety questions. The National Transportation Safety Board (NTSB) and Federal Aviation Administration (FAA) are investigating a string...
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Dick's Sporting Goods, WW International, Sea Limited And Other Big Stocks Moving Higher On Tuesday
Tuesday, March 7, 2023 - 11:31am | 666U.S. stocks traded lower, with the Dow Jones dropping around 150 points on Tuesday. Here are some big stocks recording gains in today’s session. WW International, Inc. (NASDAQ: WW) shares jumped 29.8% to $5.02 despite worse-than-expected Q4 revenue and Q1 guidance below estimates. The...
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US Stocks Mixed Ahead Of Powell Testimony; Dick's Sporting Goods Posts Upbeat Earnings
Tuesday, March 7, 2023 - 11:03am | 868U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 20 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.03% to 33,420.92 while the NASDAQ rose 0.18% to 11,697.05. The S&P 500 also fell, dropping, 0.04% to 4,046.93. Check This Out: This...
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JetBlue Airways Says 'Spirit Deal Is Solution To Lack Of Competition,' Contests Regulatory Overhang
Tuesday, March 7, 2023 - 10:07am | 462The Department of Transportation and Department of Justice are reportedly looking to block the prospective merger between JetBlue Airways Corporation (NASDAQ: JBLU) and Spirit Airlines Incorporated (NYSE: SAVE) on the grounds that the merger would be anti-competitive. ...
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FedEx Cargo Plane And Southwest Airlines Passenger Flight In A Potential Collision Call At Texas Airport, Safety Board Investigates
Monday, February 6, 2023 - 8:59am | 392FedEx Corp (NYSE: FDX) cargo plane coming to land at a Texas airport could have collided with Southwest Airlines Co's (NYSE: LUV) passenger jet was taking off using the same runway. The planes came within a thousand feet of each other Saturday morning near a runway at the Austin...
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Southwest Airlines Promotes Lauren Woods To Chief Information Officer
Thursday, February 2, 2023 - 6:24am | 272Southwest Airlines Co (NYSE: LUV) has promoted its Vice President of Technology, Lauren Woods, to Senior Vice President and Chief Information Officer. Woods will report to the Chief Administration & Communications Officer Linda Rutherford. Woods assumed this role following...
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5 Most Expensive Industrials Stocks You Should Worry About
Monday, January 30, 2023 - 8:26am | 540The most overbought stocks in the industrial sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price...
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Strong GDP Number Doesn't Faze Investors Ahead of Next Week's Fed Decision
Thursday, January 26, 2023 - 1:03pm | 2646(Thursday Market Open) The Federal Reserve’s struggles to harness a galloping economy continue, judging from today’s Q4 Gross Domestic Product (GDP) data and the latest weekly read on initial jobless claims. GDP rose 2.9% in Q4, above the average analyst estimate of...
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Seagate, Boot Barn, Tesla And Other Big Stocks Moving Higher On Thursday
Thursday, January 26, 2023 - 11:52am | 644U.S. stocks traded higher, with the Nasdaq Composite gaining over 100 points on Thursday. Here are some big stocks recording gains in today’s session. Qurate Retail, Inc. (NASDAQ: QRTEB) shares jumped 37.7% to $6.70. Qualtrics International Inc. (NASDAQ: XM) shares climbed 28.9% to $14.45...
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Southwest Airlines Saw Q4 Earnings Hit Due To December Flight Disruptions, Books $800M Charge
Thursday, January 26, 2023 - 10:07am | 306Southwest Airlines Co (NYSE: LUV) reported fourth-quarter FY22 operating revenue growth of 22.2% year-over-year to $6.17 billion, missing the consensus of $6.19 billion. Adjusted EPS loss of $(0.38) missed the consensus loss of $(0.09). Operating revenue increased 7.7% compared to...
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DOT Probes Southwest Airlines' December Schedule Chaos: Report
Thursday, January 26, 2023 - 8:15am | 290Southwest Airlines Co (NYSE: LUV) is reportedly being probed by the U.S. Transportation Department on its holiday schedule mayhem in December 2022. The agency will probe whether Southwest executives sold more flights above its operating capacity, the WSJ reported. The investigation...
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Microsoft's Gloomy Guidance, Boeing's Surprise Q4 Loss Pulls Market Lower
Wednesday, January 25, 2023 - 11:50am | 2775(Wednesday Market Open) The market gives and the market takes away. That’s the lesson Microsoft (NASDAQ: MSFT) shareholders learned since Tuesday’s closing bell. Shares of the mammoth tech company initially bounced more than 3% on solid cloud business results for the...
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Monday's Market Minute: Earnings Season Heats Up With Eco Data On Tap
Monday, January 23, 2023 - 2:28pm | 515Let's take a market minute to get ahead of what you should be watching this week. So far, we’ve already had a look at some 10% of S&P 500 companies’ quarterly results, but this week nearly 90 more will open their books to investors, among them Microsoft (NASDAQ: MSFT), Tesla (...
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Here's Why Morgan Stanley Still Thinks It's Good Time To Buy Defense Stocks
Friday, January 20, 2023 - 3:59pm | 567Morgan Stanley analyst Kristine T Liwag said after defense stocks closed up 20% in 2022 versus the S&P down 19%, the sector has since underperformed the broader market by 6.5% in the new year. The move lower in 2023 has partly been driven by a shift in sentiment after reports emerged...