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What's Hot on the Street
Wednesday, January 26, 2011 - 1:01pm | 369Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet An ETF for the Industrial Sector Earnings season is an exciting time for analysts, market commentators and investors as numerous companies from across the market spectrum step up to the plate to report their...
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Dahlman Rose Downgrades Alaska Air to Hold Following Solid Earnings Results
Wednesday, January 26, 2011 - 12:07pm | 259Alaska Air Group (NYSE: ALK) reported strong 4Q10 results, and the company plans to increase capacity to fill growing demand. At this time, pricing continues to be strong, out-pacing rising jet fuel costs. Dahlman Rose is downgrading the shares to Hold from Buy as it believes there is some short-...
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Top Performing Industries For January 26 (LCC, LOW, MRCY, SKY)
Wednesday, January 26, 2011 - 11:22am | 210At 10:15 am, the Dow rose 0.16% to 11,996.91, the broader Standard & Poor's 500 index moved up 0.23% to 1,294.16 and the NASDAQ composite index gained 0.33% to 2,728.19. The industries that are driving the market today are: Major Airlines: This industry jumped 2.40% by 10:15 am. The top stock...
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News Summary
Wednesday, January 26, 2011 - 10:35am | 233Shares of ConocoPhillips (NYSE: COP) gained about 0.4% after the company reported 54% y/y rise in its Q4 profit. The company's profit came in at $1.39 per share, versus $0.86 per share, in the year-ago quarter. The company's adjusted earnings increased to $1.32 per share from $1.20 per share. COP...
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A Peek Into The Market Before The Trading Starts
Wednesday, January 26, 2011 - 9:26am | 449Pre-open movers US stock futures are higher this morning, following President Barack Obama's State of the Union speech. Investors are awaiting earnings reports and monetary policy announcement by the Federal Reserve. Futures on the Dow Jones Industrial Average gained 31 points to 11,953 and S&P...
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US Airways Reports Q4 EPS of $.17 vs. $.06
Wednesday, January 26, 2011 - 9:01am | 165US Airways Group, Inc. (NYSE: LCC) today reported its fourth quarter and 2010 financial results. The Company reported a 2010 net profit of $447 million, or $2.34 per diluted share, which excludes special items totaling a net credit of $55 million. This is the second highest profit in the Company's...
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Stocks To Watch For January 26 (BA, YHOO, LCC, ALTR, SBUX)
Wednesday, January 26, 2011 - 4:32am | 247Some of the stocks that may grab investor focus today are: Wall Street expects Boeing Co (NYSE: BA) to report its Q4 EPS at $1.11 on revenue of $16.97 billion. BA shares gained 0.93% to $72.91 in after-hours trading. Yahoo Inc (NASDAQ: YHOO) reported its Q4 net income at $312 million, or $0.24 per...
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LAN Airlines Reports Q4 Net Income of $164.6M
Tuesday, January 25, 2011 - 5:46pm | 113LAN Airlines S.A. (NYSE: LFL) announced today its consolidated financial results for the full year and fourth quarter ended December 31, 2010. Full year 2010 results were marked by strong recovery and growth in both the cargo and passenger businesses. LAN reported net income of US$419.7 million...
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Frontier Airlines Adds Frequencies to Boston and N.Y.
Tuesday, January 25, 2011 - 3:31pm | 67Frontier Airlines, a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET) announces an expansion in nonstop service from its hub at Milwaukee's General Mitchell International Airport to both Boston Logan International Airport and New York-La Guardia International Airport...
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Market Roundup (JNJ, COP, TLAB, ALK, DAL, LUV, RYAAY)
Tuesday, January 25, 2011 - 12:59pm | 288Shares of Johnson & Johnson (NYSE: JNJ) fell about 2% after the company reported its Q4 profit at $2.86 billion, or $1.03 per share, up from $2.85 billion, or $1.02 per share, in the year-ago period. The company's revenue dropped to $15.64 billion, from $16.55 billion, in the year-ago quarter....
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Alaska Air Group Beats Estimates (ALK)
Tuesday, January 25, 2011 - 9:15am | 206Alaska Air Group, Inc. (NYSE: ALK) released financial results on Tuesday morning that beat Wall Street estimates. Alaska Air Group, Inc announced that its 4th quarter net income rose to $64.8 million, or $1.75 per share, up from $24.1 million, or $0.67 per share, a year earlier. Excluding special...
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Alaska Air Group Reports Record Fourth Quarter and Full-Year Results
Tuesday, January 25, 2011 - 9:07am | 143Alaska Air Group, Inc. (NYSE: ALK) today reported record fourth quarter 2010 net income of $64.8 million, or $1.75 per diluted share, compared to net income of $24.1 million, or $0.67 per diluted share, in the fourth quarter of 2009. Excluding mark-to-market fuel hedge gains of $28.1 million ($17.4...
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Fast Money Pops & Drops, January 24th (DAL, ALK, HTZ, MCP, FSLR, TSL, TSLA)
Monday, January 24, 2011 - 8:14pm | 308On CNBC's Fast Money, Joe Terranova explained that Delta Air Lines, Inc. (NYSE: DAL) was mentioned by Morgan Stanley, as one of the top trading ideas in 2011. He thinks that the airline sector is recovering, and he recommended Alaska Air Group, Inc. (NYSE: ALK) as a buy. Delta Air Lines (DAL)...
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Airline Industry Outlook - Jan. 2011 - Industry Outlook
Friday, January 21, 2011 - 5:01pm | 1445The economic downturn in 2009 and the oil price hike in 2008 had hit the airline industry hard. Now, with a revival in the economy, demand for air travel is improving. Revenue and profits of U.S. carriers are increasing with a surge in ticket demand, higher fares as well as improved revenues...
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Airline Industry Outlook - Jan. 2011 - Zacks Analyst Interviews
Friday, January 21, 2011 - 5:01pm | 1445The economic downturn in 2009 and the oil price hike in 2008 had hit the airline industry hard. Now, with a revival in the economy, demand for air travel is improving. Revenue and profits of U.S. carriers are increasing with a surge in ticket demand, higher fares as well as improved revenues...