Airlines

Some of the stocks that may grab investor focus today are: Mandiant Inc (NASDAQ: MNDT) reported the completion of divestiture of its FireEye Products unit to McAfee Enterprise for $1.2 billion in cash. Mandiant shares rose 0.1% to $17.75 in after-hours trading. TSR Inc. (NASDAQ: TSRI) disclosed a...

Wall Street appears to be living up to its roller coaster reputation as stock futures point to a lower open after yesterday’s rally. Inflation continues to be a concern for investors. European markets were shaken by European natural gas prices which exploded 13% overnight. The rising prices...

RBC Capital boosted Tesla, Inc. (NASDAQ: TSLA) price target from $745 to $755. Tesla shares rose 2.9% to $797.67 in pre-market trading. Barclays raised Union Pacific Corporation (NYSE: UNP) price target from $240 to $260. Union Pacific shares rose 1.5% to $204.83 in pre-market trading. Wells...

Barclays analyst Brandon Oglenski upgraded Southwest Airlines Co (NYSE: LUV) to Overweight from Equal Weight and raised the price target to $75, from $64, implying an upside of 37.96%. Oglenski says that while the recovery has taken longer than expected, "bluer...

The new quarter appears to be starting off on a slightly higher note as futures are pointing to a positive opening. Stocks are being helped by the drug company Merck (NYSE: MRK) and Ridgeback Biotherapeutics which are partnering on an experimental COVID-19 pill that has new data showing...

JPMorgan analyst Jamie Baker upgraded Frontier Group Holdings Inc (NASDAQ: ULCC) to Overweight from Neutral and raised the price target to $22 (implying an upside of 32%), from $20.  Southwest Airlines Co (NYSE: LUV) upgraded to Overweight from Neutral...

JP Morgan lowered the price target on Spirit Airlines, Inc. (NYSE: SAVE) from $43 to $34. Spirit Airlines shares fell 1.4% to $25.57 in pre-market trading. Citigroup raised General Mills, Inc. (NYSE: GIS) price target from $63 to $70. General Mills shares rose 0.1% to $59.87 in pre-market...

Mesa Air Group Inc (NASDAQ: MESA), the holding company of Mesa Airlines, named Torque Zubeck as its new Chief Financial Officer.  Zubeck has been working with Mesa since February as Senior Vice President of Finance. He will be taking over the position of CFO from President...

Mesa Air Group Inc (NASDAQ: MESA) reports Mesa Airlines' operating performance with 32,501 block hours in August 2021, a 73.4% increase from August 2020, reflecting continued increased summer flying and the relaxation of certain COVID restrictions. Departures in August 2021...

Last week, the countdown to Friday was for a speech by Fed Chairman Jerome Powell. This week, the clock is ticking on an August jobs report that might help shape Fed policy and investors’ perceptions of the economy.  Powell’s speech last Friday appeared to get a bullish response...

As the saying goes, welcome to the main event. Fed Chairman Jerome Powell’s 10 a.m. EDT speech at the “virtual” Jackson Hole conference could set the tone. The market’s behavior the rest of the day may hinge on how “hawkish” or “dovish” traders decide...

Southwest Airlines Co (NYSE: LUV) reported that July 2021 operating revenues performed in line with expectations, a decrease of ~12% (estimated a reduction of 10-15%) compared to July 2019, driven primarily by strong leisure passenger traffic and fares above July 2019 levels. ...

These days, monthly inflation reports carry almost as much weight in the market as monthly job reports. Today’s consumer price index for July came in around expectations, meaning the impact on Wall Street might not be too heavy. Consumer prices rose 0.5%, right on target with the average...

Equities traded quietly higher in Thursday's NY session. Simultaneously, bonds were bid rather firmly, sending interest rates even lower. What is going on beneath the surface? Greetings. I hope this article finds you and yours well. Today, we are taking a look at some additional market...

For the third straight morning, it’s earnings to the rescue.  After Monday’s nosedive, stocks seem poised to rise again this morning based on pre-market gains as investors watch major companies exceed Wall Street’s expectations. AT&T (NYSE: T) became the latest...