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GOL Enters Commercial Agreement with Passaredo Linhas Aereas
Tuesday, December 21, 2010 - 9:07am | 43GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) has signed a commercial agreement to sell, in all its sales channels, tickets of Passaredo Linhas Aereas, a Brazilian domestic airline that recorded growth of 130.89% last year.
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Goldman Sachs Initiates RJET With A Buy Rating, $9.50 PT
Tuesday, December 21, 2010 - 7:19am | 30Goldman Sachs is initiating coverage on Republic Airways Holdings, Inc. (NASDAQ: RJET) with a Buy rating and a 12-month price target of $9.50.
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Goldman Initiates RJET With Buy
Tuesday, December 21, 2010 - 7:16am | 51Analysts at Goldman initiate coverage of Republic Airways Holdings Inc (NASDAQ: RJET) with a “buy” rating. The target price for RJET is set to $9.50. RJET shares gained 2.29% to close at $7.14 yesterday. More Analyst Ratings here
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Semiconductor Industry Outlook - Zacks Analyst Interviews
Tuesday, December 21, 2010 - 1:00am | 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 - 1:00am | 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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LAN Reduces Fares - Analyst Blog
Monday, December 20, 2010 - 7:03pm | 503According to Reuters, Santiago based LAN Airlines S.A. (LFL) is trying to reduce its fares on the Santiago-Sao Paulo route in order to get approval for the acquisition of Sao Paulo based, TAM S.A. (TAM). The merger, which was proposed in August 2010, will be christened as LATAM Airlines Group S...
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LAN Reduces Fares - Analyst Blog
Monday, December 20, 2010 - 6:45pm | 503According to Reuters, Santiago based LAN Airlines S.A. (LFL) is trying to reduce its fares on the Santiago-Sao Paulo route in order to get approval for the acquisition of Sao Paulo based, TAM S.A. (TAM). The merger, which was proposed in August 2010, will be christened as LATAM Airlines Group S...
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Market Roundup (CHK, ADBE, LCC, AEO, ARO, ANF)
Monday, December 20, 2010 - 1:26pm | 241US energy stocks gained, with Chesapeake Energy Corp (NYSE: CHK) as the top gainer in the list. The NYSE Arca Oil Index (XOI) rose about 0.29%, while the NYSE Arca Natural Gas Index (XNG) moved up about 0.30%. The Philadelphia Oil Service Index (OSX) gained about 0.29%. Shares of Adobe Systems...
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Hudson Securities Increases LUV 4Q EPS Estimates
Monday, December 20, 2010 - 10:06am | 89Hudson Securities is lifting its Southwest Airlines (NYSE: LUV) 4Q EPS est. to $0.20 (from $0.18) on better revenues. “Two fare increases in 4Q (5 total now for 2010) that admittedly slipped from our radar suggest LUV and the industry have yet more pricing headroom to offset higher fuel expense...
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AMR 4Q Trending 1.8% Ahead Of Expectations, Hudson Securities Reports
Monday, December 20, 2010 - 10:03am | 96Hudson Securities reports that AMR Corporation (NYSE: AMR) 4Q revenues are trending $100M, or 1.8%, ahead of expectations, “prompting us to narrow our loss to - $0.30/ share (vs prior -$0.55).” “Our full year 2010 loss narrows to -$420M, or -$1.26 /share accordingly,” Hudson Securities writes. “If...
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Goldman Opens GOL With Buy
Monday, December 20, 2010 - 7:58am | 53Analysts at Goldman initiate coverage of Gol Linhas Aereas Inteligentes SA (NYSE: GOL) with a “buy” rating. The target price for GOL is set to $19.50. GOL shares lost 0.34% to close at $14.87 on Friday. More Analyst Ratings here
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American Airlines, British Airways and Iberia Expand Codeshare Cooperation
Friday, December 17, 2010 - 9:12am | 54American Airlines (NYSE: AMR), British Airways and Iberia, members of the oneworld alliance, today announced new customer benefits as a result of their trans-Atlantic joint business. All three carriers are expanding the number of routes on which the airlines will codeshare between North America...
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Southwest Airlines and Flight Simulator Technicians Ratify Extension on Contract
Thursday, December 16, 2010 - 12:53pm | 55Southwest Airlines (NYSE: LUV) announces that its Flight Simulator Technicians, represented by the International Brotherhood of Teamsters Airlines Division, voted to ratify an extension to their current agreement. The agreement is for a two-year contract extension through October 2013. The current...
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Delta Promotes Internal Leaders to Senior VP Positions
Thursday, December 16, 2010 - 12:30pm | 59Delta Air Lines (NYSE: DAL) today announced that it has promoted from vice president to senior vice president two leaders integral to the airline's long-term business strategy. Neel Shah has been named senior vice president and chief cargo officer and Chris Collette has been named senior vice...
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Delta Expects To Grow Capacity 1%-3% In 2011, Dahlman Rose Reports
Thursday, December 16, 2010 - 10:57am | 171Delta Air Lines Inc. (NYSE: DAL) expects to grow capacity in 2011 by 1% - 3%, retiring less efficient 50-seat aircraft as they come off lease and focusing on maximizing revenue potential from larger aircraft, Dahlman Rose reports. “Capacity growth is coming from adding international routes in...