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Calls Purchased on Hawaiian Holdings (HA)
Tuesday, May 17, 2011 - 2:09pm | 119Shares of Hawaiian Holdings (NYSE: HA) are higher on the session by 2.91%, currently trading at $6.02. The stock has been moving largely lower over the past four months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago...
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GOL Signs Agreement With GE for Consultancy Aimed at Saving Fuel and Reducing Emissions
Tuesday, May 17, 2011 - 9:42am | 47GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) announced it has signed an agreement with GE (NYSE: GE) Aviation PBN Services for consultancy aimed at saving fuel and reducing gas emissions.
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J.P. Morgan Raises JetBlue PT from $7 to $8
Monday, May 16, 2011 - 8:06am | 31J.P. Morgan is raising its PT on shares of JetBlue Airways Corporation (NASDAQ: JBLU) from $7 to $8. JetBlue Airways Corporation closed Friday at $5.82.
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J.P. Morgan Raises Delta Target from $18.50 to $20.00
Monday, May 16, 2011 - 8:04am | 32J.P. Morgan is raising its PT on shares of Delta Air Lines Inc. (NYSE: DAL) from $18.50 to $20.00. Delta Air Lines closed Friday at $10.65.
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J.P. Morgan Raises AMR Corporation Target from $8.50 to $9.50
Monday, May 16, 2011 - 7:55am | 27J.P. Morgan is raising its PT on AMR Corporation (NYSE: AMR) from $8.50 to $9.50. AMR Corporation closed Friday at $6.38.
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J.P. Morgan Raises Alaska Air Group Target from $64 to $66
Monday, May 16, 2011 - 7:53am | 32J.P. Morgan has raised its PT on shares of Alaska Air Group, Inc. (NYSE: ALK) from $64 to $66. Alaska Air Group closed Friday at $69.08.
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Merger Arbitrage Mondays – May 16, 2011
Monday, May 16, 2011 - 6:41am | 4833Merger activity decreased significantly last week with only two new deals announced and three 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 67...
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Southwest Airlines and AMFA Appearance Techs Reach Tentative Agreement
Friday, May 13, 2011 - 11:27am | 54Southwest Airlines (NYSE: LUV) and the Aircraft Mechanics Fraternal Association, who represent the carrier's approximately 260 Appearance Techs, are proud to announce the parties have reached a tentative agreement on a new six-year contract that becomes amendable February 2015. The current...
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JetBlue Airways April Traffic up 6.1%
Wednesday, May 11, 2011 - 2:51pm | 75JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for April 2011. Traffic in April increased 6.1 percent from April 2010, on a capacity increase of 7.1 percent. Load factor for April 2011 was 79.7 percent, a decrease of 0.8 points from April 2010. JetBlue's...
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GOL Records Total Demand Growth of 13.9%
Wednesday, May 11, 2011 - 9:32am | 30GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) recorded a 13.9% increase in demand on its route network, with a load factor of 71.3%.
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SkyWest Names Bradford R. Rich President (SKYW)
Wednesday, May 11, 2011 - 7:05am | 82SkyWest, Inc. (NASDAQ: SKYW) announces the appointment of Bradford R. Rich to President of SkyWest, Inc., effective immediately. As part of the Company's restructuring, Michael J. Kraupp is appointed Chief Financial Officer and Treasurer, and Eric J. Woodward is appointed Chief Accounting Officer....
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Short-Term Action Broke Through Resistance 05-10-2011
Tuesday, May 10, 2011 - 7:21pm | 897Cusick's Corner The mood in the market is more upbeat. Short-term market action broke through resistance of 1350 on the June S&P500 future which means that this move to the upside might have a fighting chance. Small Cap and Mid Cap stocks have been leading this market's move higher. Most...
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Using the Euro as a Barometer 05-10-2011
Tuesday, May 10, 2011 - 4:03pm | 1002Cusick's Corner The market bounced this morning after a brief breach of support, 1340 level for the June S&P and 134 level for the SPY; back up on a weak Buck and the promise of continual economic growth. The short-term market action needs to break current resistance, 1350 on the June future,...
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Calls Purchased on Southwest Airlines Co. (LUV)
Tuesday, May 10, 2011 - 12:52pm | 125Shares of Southwest Airlines Co. (NYSE: LUV) are higher on the session by 1.50%, currently trading at $12.18. The stock has been moving largely lower over the past six months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short...
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The U.S. Department of Transportation Proposes Approving Antitrust Immunity For Delta/Virgin Blue -Bloomberg (DAL)
Tuesday, May 10, 2011 - 12:17pm | 300The U.S. Department of Transportation today proposed to approve an application for antitrust immunity made by Delta Air Lines (NYSE: DAL) and affiliates of the Virgin Blue Group to operate joint services between the United States and Australia. The carriers revised their application after the...