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DOT Probes Southwest Airlines' December Schedule Chaos: Report
Thursday, January 26, 2023 - 7:15am | 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 - 10:50am | 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 - 1:28pm | 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 - 2:59pm | 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...
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Top 5 Industrials Stocks That May Jump
Tuesday, January 17, 2023 - 8:35am | 571The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued 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 action, it...
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Tesla To Rally Around 20%? Here Are 10 Other Analyst Forecasts For Friday
Friday, January 13, 2023 - 8:14am | 547Keybanc boosted the price target for KLA Corporation (NASDAQ: KLAC) from $410 to $468. Keybanc analyst Steve Barger maintained an Overweight rating on the stock. KLA shares fell 0.1% to close at $419.07 on Thursday. RBC Capital cut the price target for Lennar Corporation (NYSE: LEN) from $79...
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Southwest Airlines Hires Consultant To Ward Off Future Holiday Anomalies
Friday, January 13, 2023 - 7:52am | 376Southwest Airlines Co (NYSE: LUV) contacted consulting firm Oliver Wyman to boost a crew scheduling system after its holiday crisis, CEO Bob Jordan said in an interview. The airline had to cancel over 16,700 flights from December 21 - December 31 as it struggled to recover from a...
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Why KNOT Offshore Partners Shares Are Trading Lower By Around 38%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, January 12, 2023 - 1:19pm | 1557Gainers BigBear.ai Holdings, Inc. (NYSE: BBAI) shares jumped 239% to $2.8715 after the company announced it has been awarded a multiple award $900 million Indefinite Delivery/Indefinite Quantity contract by the U.S. Air Force. Akerna Corp. (NASDAQ: KERN) climbed 54.4% to $1.4950 after the company...
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Analyst Seems Optimistic On P3 Health Partners Despite Mixed Interim Annual Results
Thursday, January 12, 2023 - 6:34am | 300P3 Health Partners Inc (NASDAQ: PIII) provided preliminary 2023 sales guidance of $1.20 billion-$1.25 billion, compared to the consensus of $1.30 billion. The company expects an adjusted EBITDA loss of $(40) million - $(60) million. It anticipates that its adjusted EBITDA will be...
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Lockheed Martin Backed Space Startup Suffers Failure During Maiden Mission
Wednesday, January 11, 2023 - 8:21am | 375A rocket operated by California-based space startup ABL Space Systems' maiden RS1 rocket mission failed after it was launched on Tuesday from the Pacific Spaceport Center in Alaska, after delays late last year. The RS1 rocket, according to the ABL Space Systems website, is designed...
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Vail Resorts' Holiday Metrics Affected By Storm-Related Disruptions, Says Analyst
Tuesday, January 10, 2023 - 12:46pm | 417Stifel analyst Jeffrey A. Stantial reiterated a Hold rating on the shares of Vail Resorts Inc (NYSE: MTN) with a price target of $261.00. The analyst said conditions have been favorable to start the 2022/23 ski season, as a series of large storms has driven snowfall in most...
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Southwest Airlines Faces Shareholder Activism, Reshuffles Leadership To Strengthen Ops
Tuesday, January 10, 2023 - 7:53am | 367After the holiday meltdown with over 16,000 flight cancellations, Southwest Airlines Co (NYSE: LUV) announced five department leadership changes to strengthen operations. The company promoted vice president of network planning, Adam Decaire, to SVP of network planning &...
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Dow Rises Over 300 Points; US Adds 223,000 Jobs In December
Friday, January 6, 2023 - 10:27am | 1015U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Friday. Following the market opening Friday, the Dow traded up 1.02% to 33,265.17 while the NASDAQ rose 0.72% to 10,379.71. The S&P 500 also rose, gaining, 1.03% to 3,847.29. Check This Out: 5 Tech...
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Southwest's Holiday Crisis Could Cost It Up To First Nine Months Of FY22 Earnings, Analysts Say
Friday, January 6, 2023 - 8:31am | 493The crisis that cost Southwest Airlines Co (NYSE: LUV) over 15,000-holiday flights could cost the carrier up to earnings for nine months of 2022 in lost revenue and customer reimbursements, industry analysts say. Southwest struggled to recover from frigid weather after its...
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Why Enovix Shares Are Trading Lower By 43%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, January 4, 2023 - 1:17pm | 1635Gainers Vivos Therapeutics, Inc. (NASDAQ: VVOS) shares surged 204% to $2.25 after the company announced it received FDA 510(k) clearance for its DNA oral appliance for the treatment of obstructive sleep apnea. Crown ElectroKinetics Corp. (NASDAQ: CRKN) climbed 162% to $0.4909 after the company...