-
Homeless Exec Survives on Airline Points
Friday, March 12, 2010 - 3:11pm | 186A Southern California executive who lost his job, lost his condo, and declared bankruptcy, is now homeless. However, he does have one important asset, over one million airline reward miles, and he is using those miles to live on. He is using his United Airlines (UAUA) miles to purchase stays in...
-
UAL Corp. Continues To Soar (UAUA)
Friday, March 12, 2010 - 1:34pm | 85Shares of UAL Corporation (NASDAQ: UAUA), parent of United Airlines, are surging to a fresh 52-week high today. Shares of the airline up $0.38, or 1.98%, to $19.55, which is a new 52-week high. This new high is happening despite the fact that oil is racing to $82 a barrel. Higher oil prices usually...
-
Air China To Raise Fresh Capital (ZNH)
Thursday, March 11, 2010 - 4:41pm | 114Air China (ADR) (OTC: AIRYY) has announced that it plans to raise $952 million in fresh capital. Air China is the world’s largest airline in terms of market capitalization. The announcement shows that airlines are now becoming more confident of an economic rebound. Earlier this week, China...
-
Hawaiian Holdings, Inc. (HA) Maintains Buy Rating
Thursday, March 11, 2010 - 11:34am | 94Jesup & Lamont has maintained its Buy rating for Hawaiian Holdings, Inc. (NASDAQ: HA). The company announced earlier this week that it is acquiring 10 new A330s, with a purchase right for an additional five aircraft. The first three leased aircraft will come into the fleet in April, May, and...
-
Volume Talks Wednesday March 10: Two Option Ideas on One Hot Stock
Thursday, March 11, 2010 - 10:32am | 3236Today I am going to introduce my new breakout report which will also include stocks which traded the session lower on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
-
Top Performing Industries For March 10 (ZNH, HZNB.OB, MTN, MU, BA)
Wednesday, March 10, 2010 - 4:02pm | 379At 1:58 p.m., Dow lost 11.63, or 0.11%, to 10,552.75, while the broader Standard & Poor's 500 index rose 2.95, or 0.26%, to 1,143.39. The Nasdaq composite index added 13.06, or 0.56%, to 2,353.74. The industries that are driving the market today are: Major Airlines: The top gainer of the day,...
-
Airline Shares Rise After UBS Raises Target Prices (AMR, DAL, CAL, UAUA)
Wednesday, March 10, 2010 - 1:58pm | 179U.S. airline stocks rose for a second straight day after UBS (NYSE: UBS) raised its target price on several carriers, and Jesup & Lamont Securities forecast a smaller first-quarter loss for Delta Air Lines, Inc. (NYSE: DAL). UBS increased its target prices for American Airlines parent AMR Corp...
-
Come Fly With Me (DAL, AMR, UAUA, FAA, JPM)
Wednesday, March 10, 2010 - 12:17pm | 169Airlines are surging once again today on positive news from Delta Air Lines (NYSE: DAL) and an analyst upgrade on the sector. Delta appeared at a JP Morgan (NYSE: JPM) Conference on Transportation Tuesday and raised its operating margin forecast for the current quarter. The company also said that...
-
Top Performing Industries For March 9 (ZNH, NFLX, SAIA, SKY, TBTC.OB)
Tuesday, March 9, 2010 - 3:37pm | 330At 1:00 p.m., Dow gained 56.23, or 0.53%, to 10,608.75, while the broader Standard & Poor's 500 index rose 6.42, or 0.56%, to 1,144.92. The Nasdaq composite index added 19.47, or 0.83%, to 2351.68. The industries that are driving the market today are: Major Airlines: The top gainer of the day,...
-
Airline Stocks Rise (UAUA, LCC, AMR, DAL, CAL)
Tuesday, March 9, 2010 - 12:22pm | 142Airline stocks have risen in trading on Tuesday after UAL Corporation (NASDAQ: UAUA), the parent company of United Air Lines, said on Monday that the revenue for each passenger flown a mile increased by 17%-19% in February. UAL Corporation was up by 8.97% to $19.07 at 11.14 a.m. in New York. Other...
-
UAL Corp Flying High
Tuesday, March 9, 2010 - 11:11am | 130Parent company of United Airlines, UAL Corp (NASDAQ: UAUA), is jumping higher by over 6.50% this morning on the heels of better than expected February traffic numbers. This news has pushed the stock to a new 52-week high and the bulls are jumping on; don’t forget about the over 20% short interest...
-
JetBlue (JBLU) And Delta Air Lines (DAL) Seek Exemptions From Tarmac Rule
Tuesday, March 9, 2010 - 10:41am | 188Because of a temporary closure of the main runway at New York's JFK airport, JetBlue Airways Corporation (Nasdaq: JBLU) and Delta Air Lines Inc. (NYSE: DAL) have asked for temporary exemptions from a new federal government rule that limits the amount of time that passengers can be forced to wait on...
-
U.S. Equity Market Outlook (CASY, CMA, HRB, TXN, UAUA)
Tuesday, March 9, 2010 - 8:56am | 282According to Bloomberg, the shares of the following companies may see some unusual movements in trading today. Casey’s General Stores, Inc. (NASDAQ: CASY), which owns convenience stores in the Midwest, reported EPS of $0.34, excluding items, for the third-quarter, missing the average analyst EPS...
-
Southwest (LUV) Feb Traffic Drops Even As Revenue Rises
Friday, March 5, 2010 - 4:10pm | 105Southwest Airlines Co. (NYSE: LUV) reported a fall in traffic in February, its first since last June, but a key measure of revenue rose to its highest level in months as well. The company estimated that passenger revenue per available seat mile, or PRASM, considered the best measure of revenue for...
-
Snow Storms Impact Airlines
Thursday, March 4, 2010 - 11:23pm | 78Recent snowstorms on the east coast could cost the airline industry between $80 million and $100 million according to Helane Becker an analyst with Jessup and Lamont. US Airways (NYSE: LCC) and Continental Airlines (NYSE: CAL) have lost a combined $55 million in revenue. FlightStats.com reported...