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United-Continental Revs to Rise - Analyst Blog
Thursday, December 23, 2010 - 3:30pm | 527United Continental Holdings Inc. (UAL), the holding company for both United Airlines and Continental Airlines, said that it expects unit revenue or passenger revenue per available seat mile to rise 9.75% to 10.75% in the fourth quarter of 2010. Consolidated capacity or available seat mile is...
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United-Continental Revs to Rise - Analyst Blog
Thursday, December 23, 2010 - 3:00pm | 527United Continental Holdings Inc. (UAL), the holding company for both United Airlines and Continental Airlines, said that it expects unit revenue or passenger revenue per available seat mile to rise 9.75% to 10.75% in the fourth quarter of 2010. Consolidated capacity or available seat mile is...
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JetBlue to Launch Flights to Martha's Vineyard in 2011
Thursday, December 23, 2010 - 1:01pm | 38JetBlue Airways (Nasdaq: JBLU) today announced plans to expand its route map with daily service to Martha's Vineyard, the historic New England summer colony, and the acclaimed airline's 66th destination.
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Zings Of The Day (DAL, ARG, APD)
Wednesday, December 22, 2010 - 4:59pm | 137Oil is continuing to climb towards $100 per barrel, which is bad for the airline stocks, like Delta (NYSE: DAL) and Continental. It could mean higher airfares as a result. I don't mind paying a little more, just don't stick me next to a fat woman or screaming baby, okay? The New York Times takes...
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Benzinga's Worst Performing Industries (EBF, LVS, LFL, LUV, SLW, SVM)
Wednesday, December 22, 2010 - 3:07pm | 169Office supplies industry lost 2.67% today, and in the space, Ennis, Inc. (NYSE: EBF) is struggling. EBF slipped 3.90% in the first part of the trading session. Resorts and casinos industry trades 1.89% lower on Wednesday, and Las Vegas Sands Corp. (NYSE: LVS) is the biggest laggard in the space,...
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American Airlines No Longer Available On Orbitz (AMR, OWW)
Wednesday, December 22, 2010 - 9:54am | 91Shares of Orbitz Worldwide, Inc. (NYSE: OWW) are down in pre-market trading, while shares of American Airlines (NYSE: AMR) are up after American Airlines announced its schedules and fares are no longer available on Orbitz.com. The breakup occurred after an Illinois court said AMR could cancel its...
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JetBlue President and CEO Dave Barger Extends Employment Agreement
Wednesday, December 22, 2010 - 9:39am | 35JetBlue Airways (Nasdaq: JBLU) today announced the extension of Dave Barger's employment agreement two years, to 2015. Mr. Barger serves as the company's President and Chief Executive Officer.
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Benzinga's Top Downgrades (BEN, AEO, GOL, KKD)
Wednesday, December 22, 2010 - 9:33am | 138Franklin Resources Inc (NYSE: BEN) was downgraded by Susquehanna from "positive" to "neutral." BEN's shares closed at $111.90 yesterday. Franklin Resources' PEG ratio is 1.22. American Eagle Outfitters (NYSE: AEO) was downgraded by SunTrust from "buy" to "neutral." AEO's stock closed at $14.77...
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Semiconductor Industry Outlook - Industry Outlook
Tuesday, December 21, 2010 - 6:00pm | 3476The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we...
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Semiconductor Industry Outlook - Zacks Analyst Interviews
Tuesday, December 21, 2010 - 6:00pm | 3476The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we...
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Semiconductor Industry Outlook - Industry Outlook
Tuesday, December 21, 2010 - 6:00pm | 3476The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we...
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Semiconductor Industry Outlook - Industry Outlook
Tuesday, December 21, 2010 - 5:30pm | 3476The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we...
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Market Roundup (TAM, AMR, RYAAY, KMX, STI, LNC, JBL)
Tuesday, December 21, 2010 - 1:10pm | 251Airline stocks rose, along with the wider market. The gainers in the list included TAM SA (NYSE: TAM) and AMR Corp (NYSE: AMR). However, shares of Ryanair Holdings (NASDAQ: RYAAY) fell about 0.37%. The NYSE Arca Airline Index (XAL) moved up about 1%. Shares of CarMax Inc (NYSE: KMX) fell about 9%...
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Options Brief: Delta Air Lines (DAL)
Tuesday, December 21, 2010 - 11:49am | 105Shares of Delta Air Lines (NYSE: DAL) are higher on the session by 1.92%, trading at $12.77. Overall call volume is now running at 2.70x the daily average, with 8% of all calls traded being purchases on the offer. 22,603 contracts have traded on the session so far. Delta Air Lines, Inc. provides...
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Goldman Initating Coverage On Republic Airways Holdings (RJET)
Tuesday, December 21, 2010 - 9:19am | 146Goldman Sachs is initiating coverage on Republic Airways Holdings Inc. (NASDAQ: RJET) with a Buy rating and a $9.50 price target on shares. In the research note sent to clients, Goldman writes, "We are initiating coverage on Republic Airways (RJET) with a Buy rating and a 12-month price target of $...