Airlines

Southwest Airlines Co. (NYSE: LUV) today reported September 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...

Sterne Agee has initiated coverage on the following companies: AMR Corp. (NYSE: AMR) Buy, PT: $6 Allegiant Travel Company (NASDAQ: ALGT) Buy, PT: $60 Delta Air Lines, Inc. (NYSE: DAL) Buy, PT: $18 JetBlue Airways Corporation (NASDAQ: JBLU) Buy, $10 Southwest Airlines Co. (NYSE: LUV) Neutral,...

Citi Investment Research is out with a research report on Southwest Airlines Co. (NYSE: LUV) and it has a Buy rating and a $12 price target on shares. In a note to clients, Citi Investment Research writes, " Management remains committed to transforming LUV to achieve its 15% pretax ROIC target,...

LAN Airlines S.A. (NYSE: LFL) and TAM S.A. (NYSE: TAM), today announced that Chile's antitrust court, Tribunal de Defensa de la Libre Competencia, approved the merger between LAN and TAM. This represents one more step in the process which both companies have followed to complete the transaction....

Merger activity remained steady last week with three new deals announced and four closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 152 Total Number...

LAN Airlines S.A. and its subsidiaries (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for August 2011. During August, system passenger traffic increased 14.1% as capacity rose 12.7%. As a result, the Company's load factor for the month increased 0...

Southwest Airlines Co. (NYSE: LUV) today reported August 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...

Analysts at ISI Group upgraded O'Reilly Automotive Inc (NASDAQ: ORLY) from “sell” to “hold.” ORLY's shares closed at $63.93 on Friday. O'Reilly Automotive's trailing-twelve-month profit margin is 8.19%. Analysts at BB&T Capital Markets upgraded Barnes Group Inc (NYSE: B) from “hold” to “buy.”...

Atmel Corporation (NASDAQ: ATML) -7.05% on heavy volume. Genon Energy NYSE: GEN) -8.25% after the announcement that the company's president and COO steps down. Hormel Foods(NYSE: HRL) -6.26% on downbeat earnings. Delta Air Lines (NYSE: DAL) -6.07% on average volume. JetBlue Airways (NASDAQ:...

Boeing (NYSE: BA) and Delta Air Lines (NYSE: DAL) today announced an order for 100 Next-Generation 737-900ER (extended range) airplanes. The order, with a list-price value of more than $8.5 billion, is part of Delta's fleet renewal effort to replace its less efficient domestic airplanes.

Delta Air Lines (NYSE: DAL) today announced plans to purchase 100 Boeing 737-900ER aircraft for delivery between 2013 and 2018 as it retires older mainline jets and upgrades its fleet. The order will enable Delta to add 100 fuel-efficient, state-of-the-art 180-seat aircraft to its fleet, replacing...

At 9:55 am, the Dow rose 0.55% to 11,238.56, the broader Standard & Poor's 500 index moved up 0.60% to 1,169.27 and the NASDAQ composite index gained 0.44% to 2,456.90. The industries that are driving the market today are: Regional - Mid-Atlantic Banks: This industry jumped 3.36% by 9:55 am....

This is your Benzinga news summary and traders' outlook for Tuesday, August 23, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. At last check, Dow futures are up about 100 points and the U.S....

Analysts at Jefferies & Company upgraded Aetna Inc (NYSE: AET) from “hold” to “buy.” Aetna's shares closed at $35.23 yesterday. Aetna's PEG ratio is 0.67. Analysts at Bank of America upgraded US Airways Group Inc (NYSE: LCC) from “neutral” to “buy.” LCC's shares closed at $5.11 yesterday. US...

Bank of America has upgraded US Airways (NYSE: LCC) and Hawaiian Holdings (NASDAQ: HA) from Neutral to Buy.