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Southwest Airlines More Or Less Returns To Normal Schedule Amid Processing Refunds
Tuesday, January 3, 2023 - 8:00am | 402Southwest Airlines Co (NYSE: LUV) restored to more-normal operations this weekend after a cascade of flight cancellations over the holidays. The airline canceled a few flights on Saturday and Sunday—less than 1% of what it had scheduled each day, according to FlightAware. Citing...
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FTX Exchange's Assets Worth $3.5B Held By Bahamian Regulators, Italy PM To Meet Intel Over Chip Investment, New Oral COVID Antiviral Might Be Better Than Pfizer's Paxlovid: Today's Top Stories
Friday, December 30, 2022 - 7:50am | 1378Reuters Sam Bankman-Fried-Founded FTX Exchange's Assets Worth $3.5B Being Held By Bahamian Regulators The Securities Commission of the Bahamas is holding FTX assets worth $3.5 billion. The valuation of the assets is based on the pricing at the time of the transfer temporarily to...
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Southwest's Holiday Chaos Will Affect Q4 Earnings: Report
Friday, December 30, 2022 - 7:35am | 361Southwest Airlines Co (NYSE: LUV) holiday flight schedule chaos will reportedly affect its fourth-quarter earnings. The carrier will take many weeks to dispose of the reimbursement requests of the affected passengers, CNBC reported, citing company executives. The low-cost carrier has...
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Uxin, Heidrick & Struggles International And 3 Stocks To Watch Heading Into Friday
Friday, December 30, 2022 - 4:05am | 297With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Uxin Limited (NASDAQ: UXIN) is expected to report its unaudited financial results for the second quarter of fiscal year 2023 before the opening bell. Uxin shares gained...
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Tesla, Mesa Air Group And 3 Stocks To Watch Heading Into Thursday
Thursday, December 29, 2022 - 4:00am | 387With US stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Tesla Inc (NASDAQ: TSLA) shares saw a surprise recovery on Wednesday. The company’s CEO Elon Musk reportedly told employees they should not be "bothered by...
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Why Fear Level Among US Investors Is Increasing
Thursday, December 29, 2022 - 3:17am | 266The CNN Money Fear and Greed index showed an increase in the fear level among investors after US stocks closed sharply lower on Wednesday. Energy was the worst performer in the S&P 500 index following a decline in oil and natural gas prices. The stock market is on course to record its...
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DOT Secretary Calls Southwest Schedule Chaos 'System Failure': Report
Wednesday, December 28, 2022 - 11:11am | 351U.S. Transportation Secretary Pete Buttigieg said Southwest Airlines Co's (NYSE: LUV) flight schedule chaos was a system failure. "We are past the point where they could say this is a weather-driven issue," Reuters reported citing Buttigieg's interview. "...
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Investor Fear Increases After Nasdaq Drops Over 1%
Wednesday, December 28, 2022 - 3:36am | 286The CNN Money Fear and Greed index showed a slight increase in the fear level among US investors after US stocks closed mixed at the start of the holiday-shortened week. Investors assessed the economic outlook for 2023, sending the Nasdaq index down by more than 1% on Tuesday. Tesla, Inc. (NASDAQ:...
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Final Week Of The Year
Tuesday, December 27, 2022 - 11:03am | 1535Good Morning Everyone! Except Southwest Airlines, which canceled 2,500 flights yesterday and lost track of everyone's bags. Their stock is down nearly 5% pre-market. Prices as of 4 pm EST, 12/23/22; % YTD MARKET UPDATE 4 trading days left in 2022 Global stocks worst annual performance...
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Santa Comes To Wall Street? US Stocks Poised To Open Higher In 2022's Final Trading Week
Tuesday, December 27, 2022 - 6:05am | 1180The index futures point to a moderately higher opening on Tuesday, as traders return to their desks after an extended holiday weekend in observance of Christmas. In the absence of any major trading cues, a couple of house price readings could guide sentiment. Trading volume could be light, lending...
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Powerful Winter Storm Gushes Out Holiday Plans For Several Americans
Friday, December 23, 2022 - 8:30am | 302A powerful Arctic winter storm has placed more than 135 million people under weekend weather alerts ahead of the year's busiest travel days. Major airports have canceled thousands of flights as the storm intensifies. The cold snap could bring the iciest Christmas in decades, say forecasters....
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Delta Air Lines Likely To Amplify In-Flight Offerings Rivalry With Its Free Wi-Fi Service
Wednesday, December 21, 2022 - 7:12am | 574Delta Air Lines, Inc (NYSE: DAL) looked to launch free wireless internet for its passengers by early 2023, intensifying competition over in-flight offerings on pandemic recovery. Delta will likely offer free Wi-Fi on a significant portion of its airplanes before turning on the service on more...
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Raymond James Analyst Outlines Important Trends In US Airlines; International Capacity Restoration Regains Strength
Monday, December 19, 2022 - 2:33pm | 703Raymond James analyst Savanthi Syth has listed the updates on the U.S. airlines. The analyst said in a survey conducted by Raymond James with about 100 investors, 56% said they expect to travel more for business trips in 2023. Syth said United Airlines Holdings Inc (NASDAQ: UAL), as...
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Elon Musk's Latest 'Twitter Files' Show Internal Angst Over FBI Requests, L3Harris Scoops Up Aerojet, Mesa Air End Regional Flights For American Airlines: Today's Top Stories
Monday, December 19, 2022 - 8:58am | 1936Benzinga Elon Musk Drops Latest Supplement To 'Twitter Files' Showing Internal Angst Over FBI Requests Elon Musk has shared the latest supplement of the so-called "Twitter Files" with his followers on the platform. The Twitter CEO said, "Elvis is in the building,"...
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Southwest Airlines Reinstates Dividend That Was Suspended In 2020
Wednesday, December 7, 2022 - 9:00am | 259Southwest Airlines Co (NYSE: LUV) Board of Directors reinstated and declared a quarterly cash dividend of $0.18 per share. The dividend is payable on January 31, 2023, to shareholders of record on January 10, 2023. The company suspended its dividend distribution from early 2020...