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Five Stocks the Best-Performing Pros Own
Tuesday, January 12, 2010 - 4:55pm | 165The easiest way to beat the market is to follow the lead of someone who consistently does just that.... like Patrick Cunningham, the managing director at Manning & Napier. His fund - the Manning & Napier Pro-Blend Max Term (EXHAX) - has outperformed the broad market for the last eleven...
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Delta Air Lines Inc.(DAL) To Raise Baggage Fees For Some Passengers
Tuesday, January 12, 2010 - 2:15pm | 148Delta Air Lines Inc. (NYSE: DAL) has announced that it will be raising fees for checked baggage for travel to United States, Canada and Virgin Islands. According to Delta’s website the fee to check the first baggage will be raised from $15 to $23 and the fee to check a second bag will be raised...
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Flying With DAL To Cost More
Tuesday, January 12, 2010 - 2:07pm | 102Domestic flights on Delta Air Lines Inc (NYSE: DAL) will cost a bit more, with the company raising the cost of the first online checked bag by $8 to $23 and the second online checked bag by $7 to $32 for flights within the US, Puerto Rico, US Virgin Islands and Canada. Meanwhile, customers paying...
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AMR Tries To Lure JAL With Sweetened Bid
Tuesday, January 12, 2010 - 2:05pm | 137In an effort to prevent Japan Airlines (JAL) from joining hands with rival Delta Air Lines (NYSE: DAL), American Airlines (NYSE: AMR) and its partners have sweetened their offer to JAL to $1.4 billion. The announcement came at a time when JAL’s shares have dipped 45% to record lows, wiping out...
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American Airlines Raises Offer For Japan Airlines To $1.4 Billion, (AMR, JALSY, DAL)
Tuesday, January 12, 2010 - 10:49am | 113AMR Corp’s. (NYSE: AMR) American Airlines and its partners in the Oneworld alliance sweetened their offer to Japan Airlines Corp. (ADR) (OTC: JALSY) to $1.4 billion to keep the struggling national carrier from joining hands with rival Delta Air Lines (NYSE: DAL). Investors offloaded shares of...
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News Round-Up (BXP, DAL, AMR, GLW, MKND, DOX, SAPE)
Monday, January 11, 2010 - 3:25pm | 412New York Daily News owner Mortimer Zuckerman takes charge of Boston Properties (NYSE: BXP) following the demise of co-founder and CEO Edward Linde on Sunday due to pneumonia related complications. Recent reports from Tokyo have indicated that Japan's turnaround czar favors a tie-up of Japan...
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Delta Airlines (DAL), AMR Corporation (AMR) Investment In Japan Airlines Corporation (JALSY) Put On Ice
Monday, January 11, 2010 - 12:32pm | 157Delta Airlines (NYSE: DAL) and AMR Corporation (NYSE: AMR) owned American Airlines will not be invited to invest in Japan Airlines Corporation (OTC: JALSY) until after a new management has been put in place. The government has sounded out Kazuo Inamori about becoming Japan Airline Corporation's new...
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Hawaiian Holdings Inc. (HA) Reports Record 2009 Traffic Numbers
Monday, January 11, 2010 - 10:49am | 113Hawaiian Holdings Inc. (NASDAQ: HA) reported that December traffic grew by 5.1% on flat capacity. For the full year traffic was up by 3.7% on 2.2% more capacity. The number of passengers carried grew by 6.2% to 8.3 MM which is a record for the company. However analyst Helane R. Becker from Jesup...
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January 9, 2010: Seven Ideas For 2010, So Says The Screen
Friday, January 8, 2010 - 7:51pm | 417Occasionally I will prepare a screen with parameters that bring far-fetched criteria into play to create a list of stocks for potential inclusion within my portfolio. Most stocks that turn up on this type of list are discarded. But, like my visual scanning years ago of Barrons and the Wall Street...
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AMR Boosts Japan Airlines (JALSY) Offer
Friday, January 8, 2010 - 1:10pm | 137The Wall Street Journal reports that American Airlines (NYSE: AMR) has hiked its offer for Japan Airlines (OTC: JALSY) by $300 million to $1.4 billion. While a formal announcement is still awaited from American Airlines, bidding rival Delta (NYSE: DAL) has already indicated that it is willing to...
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Turnaround Body To Decide JAL Rehab
Friday, January 8, 2010 - 12:08pm | 128According to the Wall Street Journal, Japan's transport minister said Friday the government will follow the Enterprise Turnaround Initiative Corp.'s (ETIC) decision on how to restructure Japan Airlines Corp., as the state-funded body and major creditor banks debate whether the carrier should pursue...
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DAL Posts Tepid Traffic Results For December
Friday, January 8, 2010 - 10:28am | 75Analysts at Jesup & Lamont maintain their "buy" rating on Delta Air Lines (NYSE: DAL). The target price for DAL is set to $18. According to Jesup & Lamont, DAL posted a 7.5% fall in December traffic on an 8.0% decline in capacity, short of the estimates. Delta Air Lines’ regional and...
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Ryanair (RYAAY) To Return 1 Billion Euros To Shareholders
Thursday, January 7, 2010 - 2:57pm | 142Irish airline Ryanair (ADR) (NASDAQ: RYAAY) announced it plans to return 1 billion euros in cash to shareholders through share buybacks and distributions from 2013. Ryanair said that it has 2.5 billion euros in cash reserves and expects it to grow substantially by March 2013 and plans to...
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Japan Airlines Corporation Decides On Capital Tie Up With Delta Air Lines Inc. (DAL)
Thursday, January 7, 2010 - 12:10pm | 99Dow Jones reported that Japan Airlines Corporation and the state-backed Enterprise Turnaround Initiative Corporation of Japan decided to pick Delta Air Lines Inc. (NYSE: DAL) as a capital alliance partner for the struggling airline, the Yomiuri Shimbun reported in its Monday evening edition....
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Mesa Air Group (MESA) Files for Bankruptcy Protection Under Chapter 11
Tuesday, January 5, 2010 - 2:08pm | 163Mesa Air Group (NASDAQ: MESA) is planning to undergo major restructuring operations as it files for bankruptcy under chapter 11. Mesa provides regional service for US Airways Group Inc (NYSE: LCC), Delta Air Lines (NYSE: DAL) and other carriers. Mesa currently has about 700 daily system departures...