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GOL Restructures Technical Vice-Presidency
Tuesday, October 19, 2010 - 9:39am | 123Continuing with the restructuring process begun in 2009, GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) announces a further organizational change, this time to the Technical Vice-Presidency, which will now consist of three areas and two departments. In addition, one area and one department will be...
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Let's get a little greedy
Tuesday, October 19, 2010 - 9:38am | 1169"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." - Warren Buffett An uptick in the National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) to 16 isn't exactly something to celebrate. After all,...
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Let's get a little greedy
Tuesday, October 19, 2010 - 9:38am | 1169"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." - Warren Buffett An uptick in the National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) to 16 isn't exactly something to celebrate. After all,...
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US Airways and Mesa Sign Term Sheet (LCC)
Tuesday, October 19, 2010 - 9:01am | 142US Airways Group, Inc. (NYSE: LCC) today released the following statement regarding its ongoing discussions with Mesa Air Group and its Chapter 11 Bankruptcy case: US Airways and Mesa have signed a non-binding term sheet which outlines an agreement in principle for an extension of 39 months from...
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US Airways and Mesa Sign Term Sheet (LCC)
Tuesday, October 19, 2010 - 9:01am | 142US Airways Group, Inc. (NYSE: LCC) today released the following statement regarding its ongoing discussions with Mesa Air Group and its Chapter 11 Bankruptcy case: US Airways and Mesa have signed a non-binding term sheet which outlines an agreement in principle for an extension of 39 months from...
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ExpressJet Holdings, Inc. Commences Mailing of Definitive Proxy Materials
Monday, October 18, 2010 - 4:39pm | 129ExpressJet Holdings, Inc. (NYSE: XJT) announced that it has commenced the mailing of definitive proxy materials to ExpressJet stockholders for the purpose of voting on a proposal to adopt and approve the merger agreement between SkyWest, Inc. and ExpressJet Holdings, Inc. The special meeting of...
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JetBlue Announces Boston-Newark, and San Juan to Jacksonville and Tampa Are Now Available for Sale
Monday, October 18, 2010 - 11:27am | 73JetBlue Airways (Nasdaq: JBLU) announces its most recent routes, Newark to Boston, and San Juan to Tampa and Jacksonville are available for booking starting today. Four daily flights from Boston to Newark, and a double daily flight from Tampa to San Juan, begin on May 4 (second frequency from...
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Southwest Airlines Statement Regarding Tentative Agreement With Pilots Union
Thursday, October 14, 2010 - 9:55am | 199The decision to bring the Boeing 737-800 into the Southwest Airlines (NYSE: LUV) fleet moved yet another step closer to reality today as the Board of Directors for the Southwest Airlines Pilots' Association, representing more than 5,800 Pilots, unanimously approved a tentative agreement reached...
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Macquarie Upgrades CEA To Outperform
Thursday, October 14, 2010 - 6:07am | 44Analysts at Macquarie Capital Markets upgrade China Eastern Airlines Corp Ltd (NYSE: CEA) from "neutral" to "outperform." CEA's shares surged 4.07% to close at $33.00 yesterday. More Analyst Ratings here
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American Airlines and Jetstar Announce Codeshare
Wednesday, October 13, 2010 - 4:59pm | 75American Airlines (NYSE: AMR) and Jetstar, a Qantas Group airline, announced today that they have signed an agreement establishing a codeshare relationship between several destinations in New Zealand. In addition, an interline agreement between American Airlines and Jetstar has been launched,...
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Wednesday's Put/Call Ratio Leaders (STJ, URBN, LUV, NWSA, TSN)
Wednesday, October 13, 2010 - 12:50pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. St. Jude Medical (NYSE: STJ) 5,007 puts, 92 calls 2. Urban Outfitters (NASDAQ: URBN) 8,078 puts, 405 calls 3. Southwest Airlines (NYSE: LUV) 2,723 puts, 139 calls 4. News Corp. (...
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Market Roundup (LCC, GOL, DAL, IBM, WMB, WPZ)
Wednesday, October 13, 2010 - 12:34pm | 303US Airline stocks rose along with broad equity markets today. The top gainers in the list comprise US Airways Group (NYSE: LCC), Gol Linhas Aereas (NYSE: GOL) and Delta Air Lines (NYSE: DAL). The NYSE Arca Airline Index gained about 1.1%. IBM Corp (NYSE: IBM) has purchased a privately held software...
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JetBlue Names Michael Elliott VP Crew & Values Relations
Wednesday, October 13, 2010 - 12:00pm | 38JetBlue Airways Corporation (Nasdaq: JBLU) today names Michael Elliott Vice President, Crew and Values Relations. He begins immediately and reports directly to Joanna Geraghty, Executive Vice President, Chief People Officer.
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Top Performing Industries For October 13 (SIRI, GBX, ZNH, EXK)
Wednesday, October 13, 2010 - 10:36am | 211At 10:20 am, the Dow gained 0.66% to 11,093.47, the broader Standard & Poor's 500 index moved up 0.55% to 1,176.24 and the NASDAQ composite index rose 0.66% to 2,433.90. The industries that are driving the market today are: Broadcasting - Radio: This industry jumped 3.20% by 10:20 am. The top...
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Benzinga's Top Downgrades (HMY, WIT, PBR, AAI)
Wednesday, October 13, 2010 - 8:58am | 149Harmony Gold Mining Co (NYSE: HMY) was downgraded by Nomura Securities from "buy" to "neutral." HMY's shares closed at $11.41 yesterday. Harmony Gold Mining's earnings are likely to fall by 108.74% this year. Nomura Securities downgraded Wipro Limited (NYSE: WIT) from "buy" to "neutral." WIT's...