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AMR Corp (AMR) - Control has been Lost
Friday, February 5, 2010 - 10:10am | 165The daily chart of AMR Corp (NYSE: AMR) shows that the minor correction is over and that the "pilot has lost control" and the steep dive has been resumed. The entry point in this short trade was 8.10 . With the close in the last session of 6.92 the paper gain is 1.18 per share. The initial target...
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Protection Rolled in Delta
Thursday, February 4, 2010 - 12:05pm | 95Delta Airlines (NYSE: DAL) is receiving an options roll this morning with the Feb 11 puts sold $0.33 and the March 10 puts purchased for $0.43. Each contract traded 7,000 times and occurred at the same second, confirming that these two trades were linked. Delta has been flying high as of late and...
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Benzinga’s Top Upgrades (THQI, LCC, AFFX, EQR, NVE)
Thursday, February 4, 2010 - 10:27am | 253THQ Inc. (NASDAQ: THQI) was upgraded by Sterne Agee from Neutral to Buy with a price target of $9. THQ Inc. is now trading at $5.50, 7.84% up in the pre-market session. THQI closed at $5.10 in the previous trading session. In the last year, THQI has gained over 29%. US Airways Group, Inc. (NYSE:...
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Benzinga’s Top Downgrades (CAL, ALK, MWW, DBTK, PNRA)
Thursday, February 4, 2010 - 10:13am | 262Continental Airlines, Inc. (NYSE: CAL) declined 3.48% to $18.33 in the pre-market session after Continental Airlines was downgraded today by JP Morgan to Neutral from Overweight. The 52-week trading range for CAL is $6.37 - $21.58. Continental Airlines closed at $18.99 in the previous trading...
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Analyst Reiterates Buy Rating For Continental Airlines (CAL)
Tuesday, February 2, 2010 - 3:30pm | 115Jesup & Lamont analyst Helane Becker reiterated her Buy rating for Continental Airlines, Inc. (NYSE: CAL) because most of the airline's reported financial numbers fell in line with Jesup & Lamont's earlier forecasts. Continental Airlines reported that its January traffic grew by 8.6% as...
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Airline Stocks Rise, Continental Airlines (CAL) Faces Trial
Monday, February 1, 2010 - 9:06pm | 229Continental Airlines, Inc. (NYSE: CAL) was up, along with other airline stocks, nearly 5 % in the day before losing ground in after hours trading. The stock opened at $18.54 and went as high as $19.35 before settling at $19.29 for the day and falling further after hours. Although Continental...
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Continental Airlines to Fall from the Sky?
Tuesday, January 26, 2010 - 11:34am | 120Continental Airlines (NYSE: CAL) has been flying high as of late, drastically outperforming the S&P 500. One trader is betting that the company may have lost an engine, however, and is buying puts. The Feb 20 put has traded some 18,514 times on open interest of only 5,000; the puts were bough...
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Continental Airlines (CAL) Posts Surprise Earning
Friday, January 22, 2010 - 4:19pm | 109Continental Airlines (NYSE: CAL) surprised the market with its Q4 earnings report. It posted unexpected EPS of $0.03 ex-item in contrast to market consensus of ($0.07). Talking with CNBC, Jeffery Smisek, CEO & Chairman of Continental Airlines, said that the structural changes in the...
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Company News for January 21, 2010 - Corporate Summary
Thursday, January 21, 2010 - 10:29am | 337• eBay (NASDAQ:EBAY) reported fourth quarter earnings of 44 cents a share, 4 cents better than expected, on revenues of $2.37 billion, which topped projections of $2.28 billion. According to CEO Donahoe, "We delivered a strong fourth quarter with double-digit revenue growth driven by exceptional...
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Top 5 Mid-Cap Stocks In The Services Sector With The Highest Cash Per Share (WPO, LCAPA, TECD, CAL, PCLN)
Tuesday, January 19, 2010 - 6:49am | 284Below are the top 5 mid-cap services stocks on the NASDAQ and the NYSE in terms of cash per share. Washington Post Co (NYSE: WPO) had cash per share of $96.15 in the most recent quarter. WPO’s market capitalization is $4.2 billion. WPO has total debt of $399.22 million. More on WPO Liberty Media...
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GOL Launches Flights to Bauru - Analyst Blog
Monday, January 18, 2010 - 3:55pm | 321Latin America's largest low-cost and low-fare airline, GOL Linhas Aereas Inteligentes S.A. (GOL), has begun selling tickets for the city of Bauru, to the west of the Sao Paulo state. There will be five flights per week from Congonhas Airport in Sao Paulo city, beginning on February 1, 2010. Bauru...
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Delta And JAL Agree To Tie-Up
Saturday, January 16, 2010 - 8:42pm | 198Delta Air Lines (NYSE: DAL) and Japan Airlines have agreed to a tie-up, in which JAL will join the SkyTeam airline alliance and give up its membership of the Oneworld alliance. According to the Japanese newspaper Yomiuri, the two airlines agreed to the deal on Friday in Tokyo. Delta and American...
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U.S. Airways Raises Online Baggage Fees
Friday, January 15, 2010 - 5:28pm | 181U.S. Airways (NYSE: LCC) is the latest airline to raise baggage fees. As of February 1st, U.S. Airways will charge customers $23 to check their first bag online, up from the previous price of $20. The price for a second bag was raised from $30 to $32. The fee changes were made to match those of...
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Top Performing Sectors Today
Thursday, January 14, 2010 - 2:49pm | 121Among the day's top performing sectors are Semiconductor Fabricator Stocks, Diabetes Stocks, and Chinese Travel Stocks. Leading the way in the Semiconductor Fabricator index is Semiconductor Manufacturing International (NYSE: SMI) which has appreciated 11.25% on the day. The best performing...
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Fast Money Picks For January 13th (TSO, CAL, TGT, AMGN)
Tuesday, January 12, 2010 - 7:16pm | 135Tim Seymour said on CNBC's Fast Money Final Trade that he would sell Tesoro Corporation (NYSE: TSO) because of the disappointing guidance from Chevron (NYSE: CVX). Tesoro (TSO) fell 1.94% today and closed at $14.12. Joe Terranova is a seller of Continental Airlines, Inc. (NYSE: CAL), which dropped...