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LANAirlines Benefits - Analyst Blog
Thursday, September 9, 2010 - 3:09pm | 757Chilean airlines, LANAirlines S.A. (LFL) released its passenger traffic data for August 2010. Total passenger traffic grew significantly by 13.7% year over year, with a 15.1% increase in domestic traffic and 13.1% in international traffic. International passenger traffic accounted for...
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Late Market Roundup (DB, AAPL, ADBE, DAL, HA, GOL)
Thursday, September 9, 2010 - 2:58pm | 368Shares of Deutsche Bank AG (NYSE: DB) fell after Bloomberg said in a report that DB was looking forward to raising more than $11 billion by selling stocks. Equity strategist Peter Boockvar of Miller Tabak said, "They will likely not be the only bank that will have to raise more money." Although the...
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Hawaiian, Delta Sign Agreement
Thursday, September 9, 2010 - 12:01pm | 111Hawaiian Airlines (Nasdaq: HA) and Delta Air Lines (NYSE: DAL) today announced the signing of a new codesharing agreement that will offer Delta's customers access to connecting flights within the Hawaiian Islands for the first time. Beginning Sept. 15, customers will be able to connect between...
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Bears Board Lan Airlines (LFL)
Thursday, September 9, 2010 - 10:58am | 167Shares of Lan Airlines SA (NYSE: LFL) are higher on the session by 1.68%, currently trading at $29.59. The stock has been jumping higher over the past six months, up from a recent low near $16.60. Options traders are buying a bit of protection on the name today. The March 2011 $22.50 put was...
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Sky Traffic Rises in August - Analyst Blog
Thursday, September 9, 2010 - 10:33am | 1064August has been a busy month for airliners with traffic showing signs of increase. The economic downturn in 2009 and the oil price hike in 2008 had affected the airline industry during the past two years. Now, with the economic recovery, demand for air travel is increasing from last year's...
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News Summary
Thursday, September 9, 2010 - 10:10am | 165Airline stocks moved up after upbeat jobless report. Shares of US Airways (NYSE: LCC) fell about 0.43%, while Southwest Airlines (NYSE: LUV) lost about 0.04%. The NYSE Arca Airline Index (XAL) rose about 0.32%. Treasurys dropped to push the yields up, after the Labor Department reported better-than...
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Company News for September 9, 2010 - Corporate Summary
Thursday, September 9, 2010 - 10:03am | 710• Reports say 7-Eleven is planning a $40 per share bid for Casey's General Stores (NASDAQ: CASY), valued at $2 billion • Fitch upgraded its rating on BP (NYSE: BP) three notches to A with a Stable outlook, noting the "end to the threat of further leaks from the Macondo well" • Goldman Sachs (NYSE:...
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Benzinga's Top Pre-Market NASDAQ Losers (FUQI, QCOR, UAUA, ACGY)
Thursday, September 9, 2010 - 9:31am | 148Fuqi International Inc (NASDAQ: FUQI) dipped 19.69% to $5.10 in the pre-market session. The Securities and Exchange Commission (SEC) has started formal investigatation against FUQI’s failure to meet the filing requirements Questcor Pharmaceuticals Inc (NASDAQ: QCOR) lost 5.11% to $9.85 in the pre-...
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LAN Airlines Monthly Statistics Report for August
Wednesday, September 8, 2010 - 4:21pm | 131LAN Airlines S.A. and its subsidiaries (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for August 2010. System passenger traffic for August increased 13.7% as capacity rose 11.7%. As a result, the Company’s load factor increased 1.3 points to 77.8...
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News Summary- (COST, SPLS, LUV)
Wednesday, September 8, 2010 - 10:43am | 217Shares of Costco Wholesale Corporation (NASDAQ: COST) moved up after analyst, Adrianne Shapira at Goldman Sachs upgraded the company from “neutral” to “buy.” Adrianne also lifted her projections for the current and the next year. According to Shapira, COST is increasing its profit on improved sales...
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Copa Still Showing Positive Trends Through 3Q
Wednesday, September 8, 2010 - 8:20am | 88Copa Holdings (Airlines) (NYSE: CPA) released its August traffic statistics Tuesday, and Citigroup believes the findings to be marginally positive. Revenue passenger miles (RPMs) increased +12% y/y as capacity increased +13.5% and the load softened by -0.9 points y/y, but is still healthy at 75%,...
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Copa Holdings Announces Monthly Traffic Statistics for August
Tuesday, September 7, 2010 - 4:18pm | 108Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Aero Republica operating subsidiaries, today released preliminary passenger traffic statistics for August 2010: For the month of August 2010, Copa Holdings' system-wide passenger traffic increased 12.2%, while capacity increased 13.5%....
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Tropical Storm Hermine to Affect Texas Flights
Tuesday, September 7, 2010 - 1:27pm | 126Continental Airlines (NYSE: CAL) announced travel options for customers whose flight plans may be affected by Tropical Storm Hermine. Storm conditions are expected to make air travel difficult in Texas, forcing some delays and cancellations of flights at airports in the region, including at its...
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News Summary (RYAAY, AMR, DAL, ALK, ORCL, HPQ, HIG, LNC)
Tuesday, September 7, 2010 - 10:54am | 234Airline stocks moved down along with the wider market, with Ryanair Holdings (NASDAQ: RYAAY) as the top loser in the list. Shares of AMR Corp (NYSE: AMR) moved down about 2.05%, Delta Air Lines (NYSE: DAL) fell about 2.53% and Alaska Air (NYSE: ALK) dropped about 1.16%. The NYSE Arca Airline Index...
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American Airlines CEO: How We Do Things Differently
Tuesday, September 7, 2010 - 9:43am | 158For better or worse, a strong sense of morality strongly influences American Airlines (NYSE: AMR) CEO's Gerard Arpey's management of the world's second-largest airline. Arpey's strong ethical sense is well-known to anyone who listens regularly to American's quarterly earnings conference calls,...