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FDA Permits Pharmacies To Distribute Abortion Pills, Tesla's Aggressive Discounting May Have Hit Gross Margins, Goldman Sachs Bullish On M&A Activity In Late 2023: Top Stories Today
Wednesday, January 4, 2023 - 8:31am | 2092Reuters Goldman Sachs Bullish On M&A Deals Activity Picking Up In Late 2023 Goldman Sachs Group Inc (NYSE: GS) seems to be bullish on the recovery of global mergers & acquisition deals in the second half of 2023 despite slow economic growth and a weak credit market. The projections...
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Southwest Airlines Tries To Calm Affected Passengers With 25K Flier Points
Wednesday, January 4, 2023 - 8:25am | 309Southwest Airlines Co (NYSE: LUV) has added 25,000 frequent-flier points in addition to ticket refunds and reimbursement to travelers affected by its cascade of flight cancellations over the holidays. “I know that no amount of apologies can undo your experience,” a...
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Mesa Air Group Analyst Reveals Concern On Uncertainty About Normalized Earnings Potential
Tuesday, January 3, 2023 - 1:39pm | 347Raymond James analyst Savanthi Syth reiterated an Underperform rating on the shares of Mesa Air Group Inc (NASDAQ: MESA). Mesa's 4Q22 adjusted EPS of $(0.37) was largely in line with the analyst's $(0.35) estimate. MESA shares surged ahead of and following its 4Q22...
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Elon Musk Expresses Dissatisfaction Over IRS Norms For EV Credits, Largest iPhone Plant In China Resumes 100% Production, US Republican Back TikTok Sale To US Entity: Top Stories Today
Tuesday, January 3, 2023 - 8:39am | 1488Benzinga Elon Musk Says IRS Qualification Norms For EV Credits 'Messed Up' — Why He Finds It 'Bizarre' Ever since the IRS announced the qualifying criteria for availing of the electric vehicle tax credits allowed under the "Inflation Reduction Act Of 2022," ...
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Southwest Airlines More Or Less Returns To Normal Schedule Amid Processing Refunds
Tuesday, January 3, 2023 - 8:00am | 402Southwest Airlines Co (NYSE: LUV) restored to more-normal operations this weekend after a cascade of flight cancellations over the holidays. The airline canceled a few flights on Saturday and Sunday—less than 1% of what it had scheduled each day, according to FlightAware. Citing...
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FTX Exchange's Assets Worth $3.5B Held By Bahamian Regulators, Italy PM To Meet Intel Over Chip Investment, New Oral COVID Antiviral Might Be Better Than Pfizer's Paxlovid: Today's Top Stories
Friday, December 30, 2022 - 7:50am | 1378Reuters Sam Bankman-Fried-Founded FTX Exchange's Assets Worth $3.5B Being Held By Bahamian Regulators The Securities Commission of the Bahamas is holding FTX assets worth $3.5 billion. The valuation of the assets is based on the pricing at the time of the transfer temporarily to...
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Southwest's Holiday Chaos Will Affect Q4 Earnings: Report
Friday, December 30, 2022 - 7:35am | 361Southwest Airlines Co (NYSE: LUV) holiday flight schedule chaos will reportedly affect its fourth-quarter earnings. The carrier will take many weeks to dispose of the reimbursement requests of the affected passengers, CNBC reported, citing company executives. The low-cost carrier has...
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Uxin, Heidrick & Struggles International And 3 Stocks To Watch Heading Into Friday
Friday, December 30, 2022 - 4:05am | 297With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Uxin Limited (NASDAQ: UXIN) is expected to report its unaudited financial results for the second quarter of fiscal year 2023 before the opening bell. Uxin shares gained...
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Elon Musk Tells Employees Tesla Will Be 'Most Valuable Company On Earth, Sam Bankman-Fried Set To Enter Plea On Fraud Case, Twitter 'Should Feel Faster': Today's Top Stories
Thursday, December 29, 2022 - 7:59am | 2004Reuters Elon Musk Tells Employees Tesla Will Be 'Most Valuable Company On Earth' Long Term As He Rallies Support For Big Quarter-End Push Elon Musk gave a much-needed pep talk to Tesla Inc (NASDAQ: TSLA) employees through an email as the stock remains on track to close 2022...
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Lockheed Martin Challenges US Army's Helicopter Contract To Competitor
Thursday, December 29, 2022 - 5:53am | 404Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, filed a formal protest asking the U.S. Government Accountability Office (GAO) to review the U.S. Army's decision on the Future Long-Range Assault Aircraft (FLRAA) contract. Based on a thorough review of the information...
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Tesla, Mesa Air Group And 3 Stocks To Watch Heading Into Thursday
Thursday, December 29, 2022 - 4:00am | 387With US stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Tesla Inc (NASDAQ: TSLA) shares saw a surprise recovery on Wednesday. The company’s CEO Elon Musk reportedly told employees they should not be "bothered by...
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Why Fear Level Among US Investors Is Increasing
Thursday, December 29, 2022 - 3:17am | 266The CNN Money Fear and Greed index showed an increase in the fear level among investors after US stocks closed sharply lower on Wednesday. Energy was the worst performer in the S&P 500 index following a decline in oil and natural gas prices. The stock market is on course to record its...
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DOT Secretary Calls Southwest Schedule Chaos 'System Failure': Report
Wednesday, December 28, 2022 - 11:11am | 351U.S. Transportation Secretary Pete Buttigieg said Southwest Airlines Co's (NYSE: LUV) flight schedule chaos was a system failure. "We are past the point where they could say this is a weather-driven issue," Reuters reported citing Buttigieg's interview. "...
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Investor Fear Increases After Nasdaq Drops Over 1%
Wednesday, December 28, 2022 - 3:36am | 286The CNN Money Fear and Greed index showed a slight increase in the fear level among US investors after US stocks closed mixed at the start of the holiday-shortened week. Investors assessed the economic outlook for 2023, sending the Nasdaq index down by more than 1% on Tuesday. Tesla, Inc. (NASDAQ:...
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Final Week Of The Year
Tuesday, December 27, 2022 - 11:03am | 1535Good Morning Everyone! Except Southwest Airlines, which canceled 2,500 flights yesterday and lost track of everyone's bags. Their stock is down nearly 5% pre-market. Prices as of 4 pm EST, 12/23/22; % YTD MARKET UPDATE 4 trading days left in 2022 Global stocks worst annual performance...