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Stocks To Watch For July 9 (UAUA, LWSN, EADSY, APD, ARG)
Friday, July 9, 2010 - 5:55am | 240Some of the stocks that may grab investor focus today are: UAL Corp (NASDAQ: UAUA) has reported a 3.5% rise in its June traffic to 10.94 billion revenue passenger miles, from 10.57 billion in the year-ago period. The company’s total capacity also increased by 1.1% to 12.44 billion available seat...
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I Love This Game 07-07-2010
Wednesday, July 7, 2010 - 6:23pm | 714Cusick’s Corner The market held its ground, something the shorts have conceded at this stage. The day ended with the SPX breaking its second point of resistance 1053. For this to have strength, any pullback here needs to garner more support and get more of the sideline money involved to strengthen...
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Late Market Update (HP, LCC, CAL, AMR, CKR)
Wednesday, July 7, 2010 - 3:17pm | 235Shares of Helmerich & Payne Inc (NYSE: HP) gained more than 6% after the company agreed to build and operate 7 new FlexRigs under a few multi-year term contracts. HP has signed contracts with 4 exploration and production companies. The company has not unveiled customer names as well as price of...
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Bid Lacks Conviction 07-07-2010
Wednesday, July 7, 2010 - 2:45pm | 749Cusick’s Corner This is a nice move to the upside that looks to be shaking out some of the shorts going into the Midday -- typical as far as moves go in a bearish trending market. Traders are hard pressed to position on the long side because the bid does not have the conviction that is necessary...
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Stocks To Watch For July 7 (LCC, TSLA, DAL, ABK)
Wednesday, July 7, 2010 - 6:31am | 202Some of the stocks that may grab investor focus today are: US Airways (NYSE: LCC) reported a 2.9% rise in its June traffic to 5.59 billion revenue passenger miles, up from 5.43 billion revenue passenger miles in the year-ago period. LCC’s capacity also gained 2.8% y/y to 6.43 billion available seat...
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Pete Najarian Missed On UAL Corporation (UAUA)
Tuesday, July 6, 2010 - 7:18pm | 112CNBC Fast Money's Pete Najarian recommended investors to buy UAL Corporation (NASDAQ: UAUA) on June 3rd. Since then the stock dropped approximately 16%. Pete Najarian explained that UAL Corporation (UAUA) traded higher in the middle of the month, but he decided to hold this position. He said that...
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Airlines Take A Hit (CAL, DAL, UAUA, LCC)
Friday, July 2, 2010 - 7:02pm | 100Shares of major airline stocks were down hard Friday after Continental Airlines (NYSE: CAL) said its revenue unit in June was lower than analysts had estimated. Continental's revenue per available seat mile (RASM) increased between 21-22% in June, while analysts were looking for an increase of 23-...
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Big ETF Movers in Friday Trading
Friday, July 2, 2010 - 3:24pm | 121According to ETFChannel.com, in trading on Friday, the SPDR S&P International Financial Sector ETF (IPF) is outperforming other ETFs, up about 2.5% on the day. Underperforming other ETFs today is the iShares Dow Jones Transportation Average Index Fund ETF (IYT), down about 2.8% in Friday...
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Late Market Roundup (CAL, LCC, FIS, MS, DDAIF.PK)
Thursday, July 1, 2010 - 3:27pm | 301Despite a rise in jobless claims, US airline stocks moved up today. The crude’s benchmark price dipped below $75 a barrel. The NYSE Arca Airline Index (XAL) gained 1%. The benchmark Standard & Poor's 500 Index was nearly flat at 1,030.71 points. The top gainers among the airline stocks were US...
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Demand For BA’s Civil Aircrafts Remain Strong
Thursday, July 1, 2010 - 3:02pm | 228Analysts at Jefferies & Co maintain their "buy" rating on Boeing (NYSE: BA). The target price for BA is set to $84. According to Jefferies & Co, “The early highlights for June point to higher growth rates than May. The traffic data, according to the Association of European Airlines,...
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Afternoon Market Update (DAL, PNCL, FOE, HD, LOW)
Thursday, July 1, 2010 - 2:53pm | 224Delta Air Lines (NYSE: DAL) has planned to sell its two regional subsidiaries for a total value of $82.5 million. It has made this decision to get rid of the less profitable routes. The company would sell Mesaba to Pinnacle Airlines Corp (NASDAQ: PNCL) for $62 million and Compass Airlines to Trans...
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Calls Purchased on JetBlue Airways (JBLU)
Thursday, July 1, 2010 - 12:19pm | 131Shares of JetBlue Airways Corp. (JBLU) are lower on the session by 2.37%, currently trading at $5.36. The stock has been trading largely lower over the past two weeks; the stock has hit resistance around the $6.50 level several times. Options traders are buying calls on the name today. The July $6...
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A Peek Into The Market At The Start Of The Trading Day
Thursday, July 1, 2010 - 9:54am | 424Pre-open movers US stock futures fell today, as traders await the release of key US manufacturing data. Investor concerns over global economic recovery were rekindled after a similar data from China disappointed. A Peek Into Global Markets European markets have opened to the negative territory,...
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Hawaiian Holdings Announces Repurchase Program
Thursday, July 1, 2010 - 9:04am | 102Hawaiian Holdings (Nasdaq: HA), parent company of Hawaiian Airlines, announced today that its Board of Directors has authorized a stock repurchase program under which the Company may purchase up to $10 million of its outstanding common stock (amounting to approximately 3.7% of the company's...
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Top 4 Stocks In The Major Airlines Industry With The Highest EPS Estimates For The Next Quarter (UAUA, CAL, DAL, LCC)
Thursday, July 1, 2010 - 6:39am | 167Below are the top airlines stocks on the NYSE and the NASDAQ in terms of earnings estimate. The earnings estimate for UAL Corporation (NASDAQ: UAUA) for the September quarter is $2.42 per share. Analysts at Deutsche Bank initiated coverage of UAUA with a “buy’ rating. Continental Airlines Inc (...