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TAM S.A. - ADR (TAM) - Bull of the Day
Friday, January 14, 2011 - 3:01am | 199We upgrade our rating on TAM S.A. (TAM) from Neutral to Outperform based on the proposed merger of LAN Airlines S.A. and TAM, to be christened LATAM with the total expected synergies of US$400 million. The merger, which is expected to close by the middle of fiscal 2011 will make LATAM a strong...
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TAM S.A. - ADR (TAM) - Bull of the Day
Friday, January 14, 2011 - 1:00am | 199We upgrade our rating on TAM S.A. (TAM) from Neutral to Outperform based on the proposed merger of LAN Airlines S.A. and TAM, to be christened LATAM with the total expected synergies of US$400 million. The merger, which is expected to close by the middle of fiscal 2011 will make LATAM a strong...
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Citi Names Alaska Air Group Top Buy Among North American Airlines (ALK)
Thursday, January 13, 2011 - 2:21pm | 154In a study of the North American Airlines 2011 Outlook published today by Citi, the company recommends Alaska Air Group (NYSE: ALK) as as their top stock option in the North American airline industry. In the report, Citi states, "While the rising tide of corporate travel budgets should lift...
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American Airlines Selects ITA Software for Engine
Thursday, January 13, 2011 - 11:54am | 111American Airlines (NYSE: AMR) took another step today in implementing its technology vision and commitment to broad fare availability by expanding its pricing and shopping relationship with ITA Software to include an airline availability engine and customer product selection capability. This...
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Transportation on the Move - Zacks Industry Rank Analysis
Wednesday, January 12, 2011 - 6:01pm | 2212Industry Rank Analysis 1-5-11 As the economy recovers -- and yes it does appear that we are recovering, although not fast enough -- more and more goods will be produced and sold. Those goods have to move. One of the indications that we are in a recovery is the fact that more goods have started to...
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New Agreement for GOL - Analyst Blog
Wednesday, January 12, 2011 - 6:01pm | 537GOL Linhas Aereas Inteligentes S.A. (GOL) has formed a code-share agreement with Qatar Airways where the latter will add its code (QR) to all the 48 GOL flights departing from Sao Paulo. This new agreement might help GOL Linhas in increasing its passenger traffic for the coming months. GOL...
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New Agreement for GOL - Analyst Blog
Wednesday, January 12, 2011 - 5:22pm | 537GOL Linhas Aereas Inteligentes S.A. (GOL) has formed a code-share agreement with Qatar Airways where the latter will add its code (QR) to all the 48 GOL flights departing from Sao Paulo. This new agreement might help GOL Linhas in increasing its passenger traffic for the coming months. GOL...
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Market Roundup (UAL, ALK, LUV, LCC, TSN, MON, DE, ADM, SFD, LULU, BGFV)
Wednesday, January 12, 2011 - 4:07pm | 297Airline stocks gained, with NYSE Arca Airline Index (XAL) gaining about 1.63%. The gainers in the list included United Continental Holdings (NYSE: UAL), Alaska Air (NYSE: ALK) and Southwest Airlines (NYSE: LUV). Shares of US Airways (NYSE: LCC) dropped about 1.5% after analysts at Soleil Securities...
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Benzinga's Top Pre-Market NASDAQ Losers (ILMN, SNDK, VOD, RYAAY)
Wednesday, January 12, 2011 - 9:43am | 111Illumina Inc (NASDAQ: ILMN) dipped 1.99% to $66 in the pre-market session. ILMN has purchased Epicentre Biotechnologies. SanDisk Corporation (NASDAQ: SNDK) fell 1.65% to $51.34 in the pre-market session. SNDK's trailing-twelve-month ROA is 13.34%. Vodafone Group Plc (NASDAQ: VOD) moved down 1.39%...
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Transportation on the Move - Zacks Industry Rank Analysis
Wednesday, January 12, 2011 - 1:00am | 2212Industry Rank Analysis 1-5-11 As the economy recovers -- and yes it does appear that we are recovering, although not fast enough -- more and more goods will be produced and sold. Those goods have to move. One of the indications that we are in a recovery is the fact that more goods have started to...
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Spotty Selling Into Close 01-11-2011
Tuesday, January 11, 2011 - 7:27pm | 844Cusick's Corner The market could not garner any steam into the close and the spotty selling raised some red flags. The bid was present throughout the day, but earnings are going to be one catalyst that has not been in the markets over the past couple of sessions. Watch Large Cap stocks that are...
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TAM Upgraded on Merger Proposal - Analyst Blog
Tuesday, January 11, 2011 - 4:01pm | 539We upgrade our rating on TAM S.A. (TAM) from Neutral to Outperform based on the proposed merger of LAN Airlines S.A. (LFL) and TAM to be christened LATAM with the total expected synergies of $400 million, out of which approximately $133 million will be realized in the first year of the close of...
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TAM Upgraded on Merger Proposal - Analyst Blog
Tuesday, January 11, 2011 - 3:40pm | 539We upgrade our rating on TAM S.A. (TAM) from Neutral to Outperform based on the proposed merger of LAN Airlines S.A. (LFL) and TAM to be christened LATAM with the total expected synergies of $400 million, out of which approximately $133 million will be realized in the first year of the close of...
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Market Roundup (AMAG, ALTH, TIF, SVU, AMR, TAM, GOL, LFL)
Tuesday, January 11, 2011 - 1:17pm | 351Shares of AMAG Pharmaceuticals Inc (NASDAQ: AMAG) gained about 6%, as the drug sector's two key indexes were trading mixed. AMAG shares gained after analysts at Madison Williams upgraded the stock from “accumulate” to “buy.” However, shares of Allos Therapeutics Inc (NASDAQ: ALTH) dropped about 2%...
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Dahlman Rose Lowers Estimates On Allegiant Travel Co
Tuesday, January 11, 2011 - 10:39am | 165According to a recent report released by Dahlman Rose, Allegiant Travel Co. (NASDAQ: ALGT) reported December traffic that was below expectations. In addition unit revenue growth slowed at the end of the quarter, negatively affecting revenues. Dahlman lowered its 4Q10 EPS estimate to reflect the...