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Top Performing Industries For March 21, 2016
Monday, March 21, 2016 - 10:38am | 217At 10:30 am, the Dow fell 0.15 percent to 17,575.73, the broader Standard & Poor's 500 index moved down 0.15 percent to 2,046.60 and the NASDAQ composite index declined 0.08 percent to 4,791.91. The industries that are still afloat in the market today are: Cement: This industry gained 2.4...
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Earnings Scheduled For March 8, 2016
Tuesday, March 8, 2016 - 5:09am | 1049Dicks Sporting Goods Inc (NYSE: DKS) is expected to report its quarterly earnings at $1.15 per share on revenue of $2.28 billion. Navistar International Corp (NYSE: NAV) is projected to report a quarterly loss at $0.68 per share on revenue of $2.08 billion. Westmoreland Coal Company (NASDAQ: WLB)...
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What Oil Is Doing To Airliners
Wednesday, March 2, 2016 - 12:31pm | 1022While the plunge in oil prices has put many small- and medium-sized energy companies on the brink of disaster, it’s been a boon for industries that thrive on cheaper fuel. Last month, American Airlines Group Inc (NASDAQ: AAL) said its profit surged in the latest quarter, capping a string...
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Is Virgin America The Only Airline Worth Shorting?
Wednesday, March 2, 2016 - 11:37am | 607Sterne Agee CRT’s Michael Derchin has an Overweight stance on the US Airline Industry, and recommended using pullbacks to add to or initiate new positions. The industry had been through 35 years of consolidation and restructuring, which have “dramatically improved” its...
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MKM Analyst: Would Short Southwest Around $39.50 And Cover Near $37
Friday, January 22, 2016 - 12:04pm | 159Southwest Airlines Co (NYSE: LUV) shares are flat on Friday near the $39.50 level. According to some commentary from MKM's analyst desk, the airline stock might make a good short before it falls to the $37 level. The analysts are concerned about airliners and cruise ships following crude...
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Why Apple's Q1 Expectations And Contracting Multiple Don't Signal A Short-Term Comeback
Thursday, January 21, 2016 - 11:26am | 200Welcome to the January 19 edition of This Week on Estimize. We are pleased to kick off the fourth quarter earnings season with our friend Dan Schleifer, founder of Chart IQ. In this episode, Leigh and Dan discuss quarterly expectations for companies scheduled to report in the next two weeks,...
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Must Watch Stocks for January 21, 2016
Thursday, January 21, 2016 - 5:20am | 398Some of the stocks that may grab investor focus today are: Wall Street expects Verizon Communications Inc. (NYSE: VZ) to report its quarterly earnings at $0.88 per share on revenue of $34.06 billion. Verizon shares fell 0.94 percent to close at $44.45 yesterday. Analysts expect Southwest Airlines...
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Earnings Scheduled For January 21, 2016
Thursday, January 21, 2016 - 5:05am | 724Southwest Airlines Co (NYSE: LUV) is estimated to report its quarterly earnings at $0.90 per share on revenue of $5.00 billion. Verizon Communications Inc. (NYSE: VZ) is expected to report its quarterly earnings at $0.88 per share on revenue of $34.06 billion. American Express Company (NYSE: AXP...
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Morgan Stanley Upgrades Southwest; Sees Better Value In Alaska Air, Delta
Thursday, January 7, 2016 - 11:05am | 293Southwest Airlines Co (NYSE: LUV) shares have plunged 13 percent since December 8. Morgan Stanley’s Rajeev Lalwani upgraded the rating for the company to Equal-Weight, while raising the price target from $50 to $51. The recent pullback and expectations for improvements call for the...
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US Stock Futures Drop Ahead Of Pending Home Sales Report
Wednesday, December 30, 2015 - 8:15am | 412Pre-open movers US stock futures traded lower in early pre-market trade. The pending home sales index for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 31 points to 17,607.5, while the Standard & Poor's 500 index futures fell 2.75 points to 2,...
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Southwest Airlines, TWU 555 Reach Tentative Agreement
Wednesday, December 30, 2015 - 5:21am | 218Southwest Airlines Co. (NYSE: LUV) announced Tuesday, a new tentative agreement with Transport Workers Union Local 555, the union that represents more than 12,000 Southwest Ground Operations, Provisioning, and Cargo Agents. The Union's Executive Board reviewed an Agreement in Principle that...
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Top Performing Industries For December 24, 2015
Thursday, December 24, 2015 - 11:40am | 210At 10:30 am, the Dow fell 0.24 percent to 17,560.39, the broader Standard & Poor's 500 index moved down 0.17 percent to 2,060.87 and the NASDAQ composite index rose 0.04 percent to 5,048.17. The industries that are supporting the market today are: Dairy Products: This industry jumped 1.6...
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Cowen Met With Southwest And American Airlines Management; Prefer This Stock
Thursday, November 19, 2015 - 10:52am | 388Southwest Airlines Co (NYSE: LUV) shares are up 9 percent year-to-date, while shares of American Airlines Group Inc (NASDAQ: AAL) are down 22 percent over the same period. Cowen & Co’s Helane Becker maintained an Outperform rating on Southwest and a Market Perform rating on...
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Southwest Airlines Pilot Union Rejects Agreement
Wednesday, November 4, 2015 - 6:23pm | 170Southwest Airlines (NYSE: LUV) today announced that its Pilots have rejected the tentative contract agreement that Union and Company negotiators reached in September. According to the Southwest Airlines Pilots Association, 62 percent of Pilots who cast ballots voted against the deal. "Everyone...
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Top Performing Industries For October 22, 2015
Thursday, October 22, 2015 - 10:44am | 212At 10:30 am, the Dow gained 1.14 percent to 17,363.89, the broader Standard & Poor's 500 index moved up 1.08 percent to 2,040.69 and the NASDAQ composite index rose 1.18 percent to 4,897.15. The industries that are driving the market today are: Regional Airlines: This industry jumped 3.1...