-
GOL reports Q4 Revenue of R$1,869.8mm
Wednesday, February 23, 2011 - 11:53am | 51GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) announces today its results for the fourth quarter of 2010. GOL's net revenue totaled R$1,869.8mm, 15.6% above the R$1,617.6mm recorded in 4Q09 and 4.5% up on the R$1,788.9mm posted in 3Q10. Net Income 132.2M
-
Volatility Is Back & Complacency Is Challenged 02-22-2011
Tuesday, February 22, 2011 - 7:49pm | 910Cusick's Corner This was clearly a seller's day. Profits were booked early and then later in a muted rally attempt into the afternoon. While this did not feel like a panicked-filled sell session, the tone or should I say the volatility changed, creating a bigger window for traders (specifically...
-
Libya Dominating Headlines 02-22-2011
Tuesday, February 22, 2011 - 3:49pm | 1058Cusick's Corner The headline risk just became a reality for now. With the Middle East, most notably Libya, dominating the headlines and continued local unrest at the state level, Wisconsin proposing to drop the public union's collective bargaining rights and now potentially Ohio, the market has...
-
Airlines Stocks Descend
Tuesday, February 22, 2011 - 12:03pm | 227Airline stocks are coming under pressure this morning after the large spike higher in oil. Airline stocks are particularly sensitive to crude and energy prices. Delta Air Lines Inc.(NYSE: DAL) is one of the largest passenger carriers in the world. The stock is declining lower by 0.80 cents this...
-
Benzinga's Top Pre-Market NASDAQ Losers (ARMH, ASML, GLUU, JBLU)
Tuesday, February 22, 2011 - 9:19am | 108ARM Holdings plc (NASDAQ: ARMH) dipped 4.13% to $29.22 in the pre-market session. ARMH's PEG ratio is 4.98. ASML Holding NV (NASDAQ: ASML) fell 3.51% to $43.49 in the pre-market session. ASML's PEG ratio is 1.66. Glu Mobile Inc (NASDAQ: GLUU) moved down 3.36% to $3.97 in the pre-market session....
-
Pinnacle, Mesaba, Colgan Pilots Approve ALPA Contract
Thursday, February 17, 2011 - 5:37pm | 54Pinnacle Airlines Corp. (Nasdaq: PNCL) has announced that its pilots have ratified a collective bargaining agreement with the Air Line Pilots Association, International (ALPA). The single contract covers pilots at all three of Pinnacle's operating subsidiaries – Pinnacle Airlines, Inc.; Mesaba...
-
A Bunch of Trade Setups for Today
Thursday, February 17, 2011 - 1:12pm | 117Market is continuing to buy every dip it can get its hands on. With a bad inflation number the market initially sold off, but it didn't take much time for that dip to get quickly bought up. So below, I've given you the charts on the three setups I like the best this morning, along with a myriad of...
-
Delta to Expand Service At World's Top Business Airports
Thursday, February 17, 2011 - 11:32am | 74Delta Air Lines (NYSE: DAL) is preparing to expand service to two key international business airports – Haneda Airport in Tokyo and Heathrow Airport in London – as it continues its focus on key markets for strategic growth in 2011. Delta begins nonstop service between Tokyo-Haneda and Detroit and...
-
Orbitz Hurt by Airline Dispute, Wants Deal
Wednesday, February 16, 2011 - 3:53pm | 171Online travel agency Orbitz Worldwide (NYSE: OWW), reeling from its spat with American Airlines (NYSE: AMR) over a distribution method, reported a wider quarterly loss and forecast first-quarter revenue below analysts' expectations, sending its shares down as much as 8 percent. Orbitz said its U.S...
-
Southwest Airlines and Its Stock Clerks Announce Tentative Agreement
Tuesday, February 15, 2011 - 12:20pm | 82Southwest Airlines (NYSE: LUV) and the International Brotherhood of Teamsters (IBT) Airlines Division, representing the carrier's Stock Clerks, announced today that the two parties have reached a tentative agreement. The tentative agreement is for a new, five-year contract through August 16, 2013...
-
Delta Air Lines Pays $313M in Profit Sharing to Employees
Monday, February 14, 2011 - 8:23am | 76Delta Air Lines (NYSE: DAL) today issued the following memo from CEO Richard Anderson to its more than 80,000 employees worldwide. Congratulations and thank you! Today Delta is paying out $313 million in profit sharing – a direct result of your hard work and dedication that enabled Delta to...
-
JetBlue January Traffic up 5.1%
Thursday, February 10, 2011 - 2:10pm | 106JetBlue Airways Corporation (Nasdaq: JBLU) reported its preliminary traffic results for January 2011. Traffic in January increased 5.1 percent from January 2010, on a capacity decrease of 2.6 percent. Load factor for January 2011 was 80.0 percent, an increase of 5.9 points from January 2010....
-
LAN Airlines January Traffic up 13.3%
Tuesday, February 8, 2011 - 5:52pm | 72LAN Airlines S.A. and its subsidiaries, (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for January 2011. During January, system passenger traffic increased 13.3% as capacity rose 12.6%. As a result, the Company's load factor for the month increased...
-
Hertz Rent2Buy Partners With AirTran Airways
Tuesday, February 8, 2011 - 10:29am | 69Hertz Rent2Buy, The Hertz Corporation's (NYSE: HTZ) online car sales program, announced today a new partnership with AirTran Airways (NYSE: AAI) that provides 16 AirTran Airways A+ Rewards credits, equal to a round trip coach ticket valid at any AirTran Airways destination, to A+ Reward members...
-
Delta Air Lines and Seattle's Best Coffee Team Up
Tuesday, February 8, 2011 - 10:02am | 111Delta Air Lines (NYSE: DAL) and Seattle's Best Coffee, part of Starbucks Corporation (NASDAQ: SBUX), today announced a new agreement that will offer Delta customers freshly brewed Seattle's Best Coffee onboard all domestic and international Delta and Delta Connection flights beginning March 1, 2011...