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JetBlue Receiving Lower Revenue Per Customer (JBLU)
Wednesday, December 8, 2010 - 11:04am | 41Shares of JetBlue Airways (NASDAQ: JBLU) is down 8% in trading today after reporting disappointing news that revenue-per-customer is declining. Shares were trading at $6.38 at last check, down from a close yesterday just under $7.
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Southwest Airlines November Traffic up 10.7%
Wednesday, December 8, 2010 - 9:45am | 89Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 6.5 billion revenue passenger miles (RPMs) in November 2010, a 10.7 percent increase from the 5.9 billion RPMs flown in November 2009. Available seat miles (ASMs) increased 5.7 percent to 8.1 billion from the November 2009...
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Hawaiian Airlines November Load Factor 85.2%
Wednesday, December 8, 2010 - 9:20am | 37Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings, Inc. (Nasdaq: HA), today announced its systemwide traffic statistics for the month of November. PAX 676,823, up 1.8% RPMS (000) 718,394, up 11.5% LF 85.2%, up 0.8 pts
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Benzinga's Top Pre-Market NASDAQ Gainers (OREX, VVUS, RYAAY, AAPL)
Wednesday, December 8, 2010 - 9:19am | 126Orexigen Therapeutics Inc (NASDAQ: OREX) rose 148.74% to $11.84 in the pre-market session. A Food and Drug Administration (FDA) panel has recommended the approval of OREX' weight loss drug Contrave. VIVUS Inc (NASDAQ: VVUS) added 17.56% to $9.17 in pre-market trading. VVUS reported positive outcome...
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Market Roundup
Tuesday, December 7, 2010 - 1:38pm | 210Shares of The Pep Boys - Manny, Moe & Jack (NYSE: PBY) gained about 5.1% as the company reported more than two-fold y/y rise in its Q3 profit. The company posted better-than-expected Q3 earnings. Shares of PBY have advanced 61% year-to-date. US airline stocks dropped, as crude-oil reached $90...
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Benzinga's Top Pre-Market NASDAQ Gainers (SPPI, IBKR, DRYS, RYAAY)
Tuesday, December 7, 2010 - 9:22am | 126Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) rose 6.28% to $5.75 in the pre-market session. SPPI's cancer drug Zevalin depicted positive outcome in a recent study. Interactive Brokers Group Inc (NASDAQ: IBKR) added 3.17% to $17.88 in pre-market trading. IBKR reported a 14% y/y rise in its November...
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Copa Holdings' Consolidated November Traffic up 19.3%
Tuesday, December 7, 2010 - 9:18am | 135Copa Holdings, S.A. (NYSE: CPA), and its Copa Airlines and Copa Airlines Colombia operating subsidiaries, today released preliminary passenger traffic statistics for November 2010: For the month of November 2010, Copa Holdings' system-wide passenger traffic increased 19.3%, while capacity increased...
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GOL Announces November Traffic up 5.4%
Monday, December 6, 2010 - 5:08pm | 34A GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL) recorded a 5.4% year-on-year demand increase on its total route network, led by the 27.2% upturn in international market.
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Allegiant November Traffic up 11.3%
Monday, December 6, 2010 - 12:58pm | 31Allegiant Travel Company (Nasdaq: ALGT), today reported preliminary passenger traffic results for November 2010. Passengers 416,761; up 11.3% Load factor 90.1%; down 0.3 pts Revenue passenger miles (000) 381,883; up 9.0%
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A Coca-Cola (NYSE:KO) LEAPS Short Strangle Trade
Monday, December 6, 2010 - 9:55am | 1802An investor may be expecting reduced volatility in Coca-Cola (NYSE:KO), as evidenced by a large options trade that crossed the tape early Thursday. In the past year, KO has traded in a range between roughly $49.50 and $65 (and is near the top of this range currently). A volatility trader may be...
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White House Warns of Severe Consequences if the Unemployment Benefits Extension is Killed
Friday, December 3, 2010 - 12:54pm | 1217If Congress fails to extend unemployment benefits this would mean bad news both for the unemployed and for consumer spending this holiday season, a report released Thursday by the White House Council of Economic Advisers (CEA) said. Unemployment benefits have a direct bearing on the economy, as...
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News Summary
Friday, December 3, 2010 - 10:55am | 185The US dollar widened its decline versus major rivals. The greenback sunk versus the yen, after weaker-than-expected US employment data. According to the Labor Department, total non-farm payrolls rose by 39,000 in November. However, economists were expecting a rise of 155,000. The dollar lost about...
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US Airways Reports Record November Load Factor of 80.6%
Friday, December 3, 2010 - 9:16am | 65US Airways Group, Inc. (NYSE: LCC) today announced November and year-to-date 2010 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.5 billion, up 7.8 percent versus November 2009. Mainline capacity was 5.6 billion available seat miles (ASMs), up 3.4 percent versus...
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Republic Airways November Traffic up
Thursday, December 2, 2010 - 6:01pm | 76Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for November 2010. The Company generated 1.6 billion revenue passenger miles (RPMs), a 4% increase from the same month last year, while available seat miles (ASMs) increased by 1%. Block hours were 76,...
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AirTran Airways November Traffic up 6.6%
Thursday, December 2, 2010 - 4:02pm | 66AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today reported traffic for the month of November. For November, traffic grew by 6.6 percent to more than 1.5 billion RPMs. The airline's load factor for the month was 80.6 percent. AirTran Airways enplaned more than 2 million...