-
Citi Maintains Southwest Airlines Buy
Tuesday, December 13, 2011 - 12:17pm | 111Citi maintained it Southwest Airlines (NYSE: LUV) Buy rating in an alert report published today. In the report, Citi states, "Southwest announced a firm order for 150 new B737MAX aircraft with delivery expected to begin in 2017. LUV also expanded its current order book for 58 additional 737NG...
-
Benzinga's M&A Chatter for Wednesday December 7, 2011
Wednesday, December 7, 2011 - 5:27pm | 196It was a weak day on the M&A chatter front, certainly when compare with yesterday's onslaught of rumors. In fact, there were only two. Southwest Airlines to Buy AMR Corp Rumor: Southwest Airlines (NYSE: LUV) to acquire AMR Corp (NYSE: AMR). This one started in a popular trader's chat room....
-
CNN Money's Paul La Monica Does Not Expect Southwest Airlines to Acquire AMR
Wednesday, December 7, 2011 - 2:17pm | 107Paul La Monica, from CNN Money, in a tweet states that he has not heard the earlier rumor that Southwest Airline (NYSE: LUV) is in talks to acquire AMR Corp (NYSE: AMR). He goes on to state that he does not believe this is true because he is not sure if Southwest would want to do another major...
-
Market Update
Tuesday, December 6, 2011 - 10:37am | 206Shares of SuccessFactors Inc (NYSE: SFSF) fell about 0.08% after the company agreed to buy Jobs2web for $110 million in cash. The transaction is likely to close this month. Shares of Precision Drilling Corp (NYSE: PDS) dropped about 0.1% after the company lifted its 2012 capital budget by 54%....
-
Southwest Airlines Reports 2.5% Rise In November Traffic
Tuesday, December 6, 2011 - 9:01am | 71Southwest Airlines Co (NYSE: LUV) reported a 2.5% rise in its total November traffic. Southwest Airlines' traffic for the period climbed to more than 8.28 billion revenue passenger miles, versus 8.07 billion revenue passenger miles, in the year-earlier period. Its total November capacity gained 0...
-
Southwest Airlines November RPM's up 2.5%
Tuesday, December 6, 2011 - 8:46am | 140Southwest Airlines Co. (NYSE: LUV) today reported November 2011 combined traffic results for Southwest Airlines and AirTran. AirTran became a wholly-owned subsidiary of Southwest Airlines Co. on May 2, 2011. For purposes of comparability, the Company is providing combined traffic results for...
-
JP Morgan Publishes Report on Airlines
Thursday, December 1, 2011 - 9:01am | 198In its report, J.P. Morgan writes, “AMR capacity reductions are expected to divert revenue and increase profitability at its competitors. Our J.P. Morgan Shrink-o-lator explores these estimated benefits, driving substantial improvement to 2012 estimates and price targets… we remain...
-
Southwest Airlines and Invesco Broke Support; Foster Wheeler Near Support
Wednesday, November 23, 2011 - 4:17pm | 579New York, November 22nd (TradersHuddle.com) – After stocks wavered on Tuesday’s session, with the S&P 500 and the NASDAQ logging their fifth consecutive decline, amid debt and economic growth woes, we identified the following trading ideas. Shares of Foster Wheeler (NYSE: FWLT)...
-
Rodman & Renshaw Maintains Market Outperform Rating and $12 PT on Southwest Airlines
Monday, November 21, 2011 - 9:57am | 105A report from Rodman & Renshaw reiterates its Market Outperform rating and $12 price target on Southwest Airlines (NYSE: LUV). The report states, “Southwest's latest schedules upload permits investors a full look at 2Q12 for the 1st time; capacity drives pricing of course hence our focus. The...
-
James Koutoulas Responds to Ann Barnhardt's Letter, Thinks She's Taking the "Easy Way Out," Advises Her to Fight
Friday, November 18, 2011 - 3:44pm | 677The CEO of Typhon Capital Management is speaking out on the widely-circulated letter from Barnhardt Capital Management's former leader. Ann Barnhardt made quite a splash when she shared her true feelings about MF Global and the closure of her own firm, Barnhardt Capital Management. “The reason...
-
Top 4 Mid-Cap Stocks In The Regional Airlines Industry With The Highest Dividend Yield
Friday, November 18, 2011 - 5:36am | 122Below are the top mid-cap regional airlines stocks on the NYSE and the NASDAQ in terms of dividend yield. Copa Holdings SA (NYSE: CPA) has a dividend yield of 2.60%. CPA's shares closed at $62.37 yesterday. Lan Airlines SA (NYSE: LFL) has a dividend yield of 1.70%. LFL's shares closed at $23.67...
-
Citigroup Maintains Buy, PT on Southwest Airlines
Thursday, November 10, 2011 - 8:40am | 113Citigroup reiterates its Buy rating and 1-year price target of $11 per share on Southwest Airlines Co. (NYSE: LUV) after takeaways of progressing integration, positioning and ROIC outlook. According to Citigroup, “Management admits that limited visibility exists beyond 4Q 2011, but current...
-
LAN Airlines October Traffic up 5.5%
Wednesday, November 9, 2011 - 5:54pm | 72LAN Airlines S.A. and its subsidiaries, (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for October 2011. During October, system passenger traffic increased 5.5% as capacity rose 9.6%. As a result, the Company's load factor for the month decreased...
-
Southwest Airlines and AirTran Pilots Ratify Seniority Integration Agreement
Monday, November 7, 2011 - 3:48pm | 98Southwest Airlines (NYSE: LUV) today announced a seniority integration agreement has been ratified between the Southwest Airlines Pilots' Association, the union representing Southwest Airlines Pilots, and the Air Line Pilots Association, the union representing the pilots of AirTran Airways. This...
-
Southwest Airlines October RPMs up 3.5% YoY
Monday, November 7, 2011 - 9:46am | 202Southwest Airlines Co. (NYSE: LUV) today reported October 2011 combined traffic results for Southwest Airlines and AirTran. AirTran became a wholly-owned subsidiary of Southwest Airlines Co on May 2, 2011. For purposes of comparability, the Company is providing combined traffic results for...