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Afternoon Market Update (MYGN, LCC, UAUA, ALK)
Wednesday, August 11, 2010 - 1:45pm | 213Crude-oil futures deepened its losses today following the Energy Information Administration (EIA) report showing a fall in oil supplies and a rise in gasoline and distillate inventories. The oil supplies have declined by 3 million barrels for the week ended August 6, while the analysts expected a...
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Dahlman Rose Initiates Hold Rating on Skywest Inc. (SKYW)
Wednesday, August 11, 2010 - 9:21am | 184Dahlman Rose & Co. is out with a research report this morning, where it initiates a Hold rating on Skywest Inc. (NASDAQ: SKYW); it did not provide a price target. The Dahlman analysts said that the Utah based airline may get swept up in the wave of consolidation they are predicting in the...
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Dahlman Rose Initiates Buy Rating on Pinnacle Airlines (PNCL)
Wednesday, August 11, 2010 - 9:08am | 191Dahlman Rose is out with a research report this morning, where it initiates a Buy rating on Pinnacle Airlines Corp. (NASDAQ: PNCL); it has an $8.00 price target on the stock. The Dahlman analysts said that the Memphis based company fits into their thesis that regional airlines will continue to...
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Dollar Hurts GOL Linhas Aereas - Analyst Blog
Wednesday, August 11, 2010 - 8:23am | 574GOL Linhas Aereas (GOL) reported a net loss (excluding one-time items) of R$14.9 million (US$8.3 million) for the second quarter of 2010 compared to a net profit of R$353.7 million (US$169.2 million) in the year-earlier quarter. Foreign exchange loss was the primary reason for the negative results...
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LAN's July Traffic Improves - Analyst Blog
Wednesday, August 11, 2010 - 7:37am | 545Earlier this month, LAN Airlines S.A. (LFL) of Chile released its passenger traffic data for July 2010. Total passenger traffic grew significantly by 14.5% year over year, with domestic traffic increasing 17.6% and international traffic rising 13.3%. International passenger traffic accounted for...
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Benzinga’s Top Pre-Market NASDAQ Losers (BWEN, VECO, RYAAY, NVMI)
Monday, August 9, 2010 - 8:40am | 143Broadwind Energy Inc (NASDAQ: BWEN) dipped 1.75% to $2.80 in the pre-market session. BWEN has widened its Q2 loss on year-over-year basis. Veeco Instruments Inc (NASDAQ: VECO) lost 1.08% to $39.48 in the pre-market session. Analysts at Canaccord Adams downgrade VECO from "buy" to "hold." Ryanair...
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Stocks Rising On Strong Volume (MRX, MELI, LFL)
Friday, August 6, 2010 - 2:31pm | 99These stocks are up on stronger than average volume today and may be worth a look for a trade to the long side. You decide. Medicis Pharmaceutical Corporat (NYSE: MRX) is at $27.27, up 1.20 or 4.60% after the drug company reported stronger than expected earnings yesterday after the bell....
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Momentum Stock Picks-August 5, 2010 - Zacks Rank Buys
Friday, August 6, 2010 - 9:49am | 164CHIPOTLE MEXICN (CMG): Free Stock Analysis Report CHIPOTLE MEXICN (CMG): Free Stock Analysis Report UAL CORP (UAUA): Free Stock Analysis Report UAL CORP (UAUA): Free Stock Analysis Report Zacks Investment Research
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Republic Airways Surging After Earnings (RJET)
Thursday, August 5, 2010 - 12:51pm | 83Republic Airways Holdings (NASDAQ: RJET) reported a blowout second quarter on August 3rd. According to analysts at Dahlman Rose, "2Q10 earnings were impressive and exceeded expectations. Republic Airways reported a 2Q10 positive EPS surprise of $0.45 vs. $0.41 last year, excluding non-recurring...
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Afternoon Market Update (LCC, SKYW, AMR, DAL, ALK, CI)
Thursday, August 5, 2010 - 12:06pm | 237US Airline stocks are in the negative territory, as the wider market declined following the release of a report showing a rise in first-time jobless claims for the week ended July 31. The NYSE Arca Airline Index (XAL) fell about 0.5%. The top losers in the list were US Airways (NYSE: LCC), SkyWest...
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EMS Beats, Lifts Guidance - Analyst Blog
Wednesday, August 4, 2010 - 5:28pm | 517Emergency Medical Services Corp. (EMS) reported an EPS of 54 cents in the second quarter of fiscal 2010, down 19.4% from 67 cents in the year-ago period. However, during the quarter the company recorded charges related to early debt retirement ($19 million) and a settlement of investigation ($3.1...
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Top Narrow Based Indexes For August 4 (XJT, EMMS, XOMA)
Wednesday, August 4, 2010 - 2:20pm | 211By 12:59 pm, the Dow Jones Industrial Average was up 35.46 points, or 0.33%, to 10,671.84, while the broader Standard & Poor's 500 index had gained 4.63 points, or 0.41%. The NASDAQ composite index rose 15.41 points, or 0.67%. Some of the narrow based indexes supporting the markets are Airline...
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Top Narrow Based Indexes For August 4 (XJT, EMMS, XOMA)
Wednesday, August 4, 2010 - 2:13pm | 211By 12:59 pm, the Dow Jones Industrial Average was up 35.46 points, or 0.33%, to 10,671.84, while the broader Standard & Poor's 500 index had gained 4.63 points, or 0.41%. The NASDAQ composite index rose 15.41 points, or 0.67%. Some of the narrow based indexes supporting the markets are Airline...
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UAL Corp. - Momentum
Wednesday, August 4, 2010 - 10:32am | 583UAL Corp. (UAUA) just hit a new multi-year high after reporting its first quarterly profit since 2007 that included an 11% earnings surprise. Estimates have since turned higher, providing some nice upward momentum for this Zacks #1 rank stock. Company Description UAL Corp., through its...
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What's Your Stock's Price Target? - Screen of the Week
Wednesday, August 4, 2010 - 10:30am | 200Kevin Matras shows how to calculate a stock's price target and how to find stocks currently trading below them. Highlighted stocks include ALK, AVX, RBC, MOH and WBC. ALASKA AIR GRP (ALK): Free Stock Analysis Report AVX CORP (AVX): Free Stock Analysis Report MOLINA HLTHCR (MOH): Free Stock Analysis...