Airlines

Citigroup raised McDonald's Corporation (NASDAQ: GOOGL) price target from $265 to $270. . Citigroup analyst Jon Tower maintained a Neutral rating on the stock. McDonald's shares fell 0.1% to $272.46 in pre-market trading. Citigroup raised Deere & Company (NYSE: DE) price target...

The Federal Aviation Administration (FAA) has asked Boeing Co (NYSE: BA) to reassess its safety paperwork for the 737 MAX 7, saying some key documents submitted are incomplete and others need a reassessment. The move marks another setback for Boeing's push to win approval for the 737...

4AIR agreed to provide Sustainable Aviation Fuel (SAF) inventory accounting and documentation services for Southwest Airlines Co (NYSE: LUV). Under the agreement, 4AIR will support Southwest with allocating and documenting certain Scope 3 emission reduction rights arising from its...

Southwest Airlines Co (NYSE: LUV) said its Aircraft Appearance Technicians, represented by the Aircraft Mechanics Fraternal Association (AMFA), have voted in favor of a new five-year agreement. The company's 170 appearance technicians help deliver safe, secure, clean, and reliable...

American Airlines Group Inc (NASDAQ: AAL) pursued an alliance with JetBlue Airways Corp (NASDAQ: JBLU) in order to stay afloat during the COVID-19 pandemic-induced economic uncertainty. The airline needed the collaboration to stay competitive in the heavily trafficked U.S....

Air Canada (OTCMKTS: ACDVF) said it would buy electric planes for the first time by acquiring 30 battery-powered regional aircraft from Sweden-based Heart Aerospace. The release did not disclose a value for the deal. The revolutionary regional aircraft, expected to enter service in...

Raymond James analyst Savanthi Syth downgraded Mesa Air Group Inc (NASDAQ: MESA) and SkyWest Inc (NASDAQ: SKYW) to Underperform as she believes the pilot rates being established across the regional industry will diminish the earnings power of regional airlines. American...

Mizuho raised the price target for Automatic Data Processing, Inc. (NASDAQ: ADP) from $250 to $257. ADP shares rose 0.4% to $242.12 in pre-market trading. Raymond James raised the price target on Arthur J. Gallagher & Co. (NYSE: AJG) from $195 to $205. Arthur J. Gallagher shares fell 0.9%...

Raymond James analyst Savanthi Syth lowered the price target for Southwest Airlines Co (NYSE: LUV) to $51 (an upside of 34%) from $55 while maintaining the Strong Buy rating on the shares post its Q2 results. The analyst believes Southwest sees the same trends as the rest...

Citigroup raised the price target for Apple Inc. (NASDAQ: AAPL) from $175 to $185. Apple shares rose 1.7% to trade at $159.99 on Friday. Raymond James cut the price target on Southwest Airlines Co. (NYSE: LUV) from $55 to $51. Southwest Airlines shares fell 0.2% to $38.07 on Friday. Morgan...

Gainers Athersys, Inc. (NASDAQ: ATHX) climbed 71.1% to close at $0.3250 on Thursday after gaining 10% on Wednesday. Athersys is expected to release its Q2 financial results on Thursday, August 11, 2022. SKYX Platforms Corp. (NASDAQ: SKYX) gained 68.6% to settle at $7.03. Benchmark initiated...

Gainers Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) gained 231% to $2.63 on news that the company will be acquired By Henry Crown and Company for $3.25 per share. Petros Pharmaceuticals, however, confirmed that a press release regarding a purported acquisition of the company was fraudulent and not...

Bausch Health Companies Inc. (NYSE: BHC) shares fell 50.3% to $4.3166 following reports of an order on a patent litigation over Xifaxan. Pathward Financial, Inc. (NASDAQ: CASH) fell 25.2% to $32.26 after the company reported Q3 results. Keefe, Bruyette & Woods downgraded Pathward Financial...

(Thursday Market Open) Investors might be ready to take a breather after yesterday’s Fed rate rally, but with slower second-quarter GDP numbers and even more earnings and global economic data arriving through Friday, there will be little time to rest. Potential Market Movers Equity index...

Raymond James analyst Savanthi Syth upgraded Southwest Airlines Co (NYSE: LUV) to Strong Buy from Outperform and lowered the price target to $55 (an upside of 56%) from $57. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue...