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Commodities Up on Strength of Emerging Markets 04-04-2011
Monday, April 4, 2011 - 7:32pm | 894Cusick's Corner The market looked strong on the open but with no headlines or data to pull it along, the market stands at breakeven this Midday. Commodities continue to roll up on the strength of the Emerging Markets -- BRIC countries specifically. Hopefully you did your homework this weekend and...
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American Airlines and Expedia Reach Distribution Agreement
Monday, April 4, 2011 - 5:03pm | 84American Airlines, a wholly owned subsidiary of AMR Corporation (NYSE: AMR), and Expedia, Inc. (NASDAQ: EXPE) announced today a memorandum of understanding that will allow the companies to resume doing business together, effective immediately. Access to fares and schedule information of American...
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Republic Airways March Traffic Down 2%
Monday, April 4, 2011 - 5:01pm | 75Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for March 2011. The Company generated 1.8 billion revenue passenger miles (RPMs), a 2% decrease from the same month last year, while available seat miles (ASMs) increased by 1%. Block hours were 84,328 in...
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Frontier Airlines March Traffic up 2%
Monday, April 4, 2011 - 5:00pm | 81Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for March 2011. Frontier's traffic increased 2% to 1.11 billion revenue passenger miles (RPMs) while capacity was also up 2% to 1.32 billion available seat miles (ASMs). Frontier...
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Southwest Airlines Says 57 Inspected Planes Resume Flying (LUV)
Monday, April 4, 2011 - 11:48am | 17Southwest Airlines says 57 inspected planes resume flying (NYSE: LUV).
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Southwest Airlines Falls 3% After More Plane Cracks Discovered (LUV)
Monday, April 4, 2011 - 11:25am | 89Shares of Southwest Airlines (NYSE: LUV) have lost 3% on Monday after one of its planes landed in Arizona over the weekend with an unexplained hole in it. As a result, Southwest was forced to cancel scores of flights, and undertake an investigation to determine what caused the hole. So far, the...
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Options Brief: Southwest Airlines Co. (LUV)
Monday, April 4, 2011 - 10:05am | 84Shares of Southwest Airlines Co. (NYSE: LUV) are lower on the session by 2.80%, trading at $12.31. Overall put volume is now running at 5.07x the daily average, with 53% of all puts traded being purchases on the offer. 4.124 contracts have traded on the session so far. Southwest Airlines Co. is...
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Southwest Saying 33 Jets Returned For Service After Inspections (LUV)
Monday, April 4, 2011 - 9:16am | 18Southwest Saying 33 Jets Returned For Service After Inspections (NYSE: LUV).
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Pre-Market Outlook: U.S. Futures Higher on Monday
Monday, April 4, 2011 - 6:32am | 211Futures contracts for the S&P 500, NASDAQ, and Dow Jones Industrial Average are pointing to a higher U.S. opening on Monday, following strong Asian stocks. Asian shares rose to their highest levels in nearly three years after a Friday report showed stronger-than-expected U.S. jobs growth. The...
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Merger Arbitrage Mondays – April 04, 2011
Monday, April 4, 2011 - 3:38am | 4862Merger activity increased last week with six new deals announced and four deals closing. I received an email over the weekend from someone who was new to the Merger Arbitrage strategy and wanted to learn more about it. I pointed him to my article on the Pfizer – Wyeth deal, which provides an...
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Spotlight on Southwest Airlines and Boeing After Plane's Emergency Landing (LUV, BA)
Sunday, April 3, 2011 - 11:43pm | 242A Boeing (NYSE: BA) plane operated by Southwest Airlines (NYSE: LUV) that was forced to make an emergency landing on Friday due to a hole in the cabin was found to have widespread weakness in the fuselage, investigators announced Sunday. National Transportation Safety Board member Robert Sumwalt...
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CRT Capital Upgrades Alaska Air Group To Buy
Thursday, March 31, 2011 - 9:29am | 22CRT Capital has upgraded Alaska Air Group (NYSE: ALK) from Fair Value to Buy.
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Hawaiian Airlines Reaffirms Commitment to Japan
Thursday, March 31, 2011 - 8:04am | 134Hawaiian Airlines (NYSE: HA) today reaffirmed its commitment to Japan and its broader plan of expansion in Asia. President and Chief Executive Officer Mark Dunkerley said, "The earthquake and the tsunami which hit Japan on March 11 devastated the littoral communities in North Eastern Japan. All...
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Top 4 Small-Cap Stocks In The Regional Airlines Industry With The Highest Cash (JBLU, SKYW, AAI, HA)
Thursday, March 31, 2011 - 12:42am | 135Below are the top small-cap regional airlines stocks on the NYSE and the NASDAQ in terms of cash. JetBlue Airways Corporation (NASDAQ: JBLU) had $960.00 million in total cash and $3.03 billion in total debt for the latest quarter. SkyWest Inc (NASDAQ: SKYW) had $783.08 million in total cash and...
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Alaska Airlines and Dispatchers Reach Tentative Agreement on New Four-year Contract
Wednesday, March 30, 2011 - 12:33pm | 67Alaska Airlines (NYSE: ALK) and the Transport Workers Union today jointly announced tentative agreement on a new four-year contract for the carrier's 36 dispatchers. The proposed contract includes wage increases and provisions to improve quality of life issues, among other changes. Union members...