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Afternoon Market Update (TJX, DAL, ALK, LCC, LFL, RYAAY, CPA, ANF)
Thursday, December 2, 2010 - 1:06pm | 236Shares of TJX Companies Inc (NYSE: TJX) dropped after the company reported 3% rise in its November same-store sales. However, analysts estimated a rise of 2.9% in same-store sales. TJX's total sales increased 7% to $2 billion. TJX said, "Business throughout the Thanksgiving week and weekend was...
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Call Buyers Active in Tiffany & Co. (NYSE:TIF)
Thursday, December 2, 2010 - 9:55am | 1599An investor who may be anticipating a slew of robin's-egg-blue boxes under various loved ones' trees this holiday season could be enhancing and extending his bullish trade in Tiffany & Co. (NYSE:TIF). At least that's what some recent option activity could be indicating. Wednesday morning, we...
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Southwest Airlines Pilot's Union Ratifies Boeing 737-800 Agreement
Wednesday, December 1, 2010 - 3:18pm | 101Southwest Airlines (NYSE: LUV) is pleased to announce that its Pilots, represented by the Southwest Airlines' Pilots' Association, voted to ratify a tentative agreement reached with the Company in October to add the Boeing (NYSE: BA) 737-800 to the current collective bargaining agreement. With...
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Afternoon Market Update (GM, DAL, JBLU, GOL, TAM, CPA, HAR)
Wednesday, December 1, 2010 - 1:05pm | 188Shares of General Motors Co (NYSE: GM) rose about 1.4% after the company reported 11.4% y/y rise in the US sales in November. The company's sales increased to 168,739 vehicles, versus 151,427, in the year-earlier period. Airline stocks rose, along with the wider equity market. The NYSE Arca Airline...
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General Motors (NYSE:GM) Options Start Trading
Wednesday, December 1, 2010 - 12:59pm | 1568Twelve days ago, we had the much-anticipated initial public offering (IPO) of General Motors (NYSE:GM). Monday of this week, options on the Detroit-based automaker were (again) listed for trading. One might have thought that the new GM options would trade with a higher implied volatility than its...
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SkyWest, Inc. Declares Dividend of $.04
Tuesday, November 30, 2010 - 5:02pm | 79The Board of Directors of SkyWest, Inc. (Nasdaq: SKYW) declared a quarterly dividend of $.04 per share to Shareholders of record at the close of business on December 31, 2010 on all shares then issued and outstanding. The 62nd consecutive dividend will be paid on January 6, 2011. The Board of...
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Afternoon Market Update (AMZN, OSTK, NFLX, DAL, GOL, RYAAY, TAM, TER)
Monday, November 29, 2010 - 1:03pm | 196US Technology stocks fell along with the broader equity market. However, some stocks moved up on the day known as Cyber Monday. The advancers include Amazon.com Inc (NASDAQ: AMZN), Overstock.com Inc (NASDAQ: OSTK) and Netflix Inc (NASDAQ: NFLX). Still, the Nasdaq Composite Index (COMP) lost about 1...
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LAN Acquires AIRES - Analyst Blog
Monday, November 29, 2010 - 12:33pm | 509LAN Airlines S.A. (LFL) formed an agreement to acquire 98.942% of the Colombian airline, AIRES S.A., for US$12 million in cash, in addition to the net liabilities of approximately US$100 million, including US$18 million of bank debt. LAN will benefit from the geographical diversification....
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LAN Acquires AIRES - Analyst Blog
Monday, November 29, 2010 - 7:13am | 509LAN Airlines S.A. (LFL) formed an agreement to acquire 98.942% of the Colombian airline, AIRES S.A., for US$12 million in cash, in addition to the net liabilities of approximately US$100 million, including US$18 million of bank debt. LAN will benefit from the geographical diversification....
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GOL's New Destination - Analyst Blog
Friday, November 26, 2010 - 2:01pm | 473Brazil's largest low-fare airline operator, GOL Linhas Aereas Inteligentes S.A. (GOL) has introduced new flights to the city of Aeroparque Jorge Newbery, in Buenos Aires, Argentina. GOL has been continuously increasing the frequency of flights to the existing high-demand markets and adding new...
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GOL's New Destination - Analyst Blog
Friday, November 26, 2010 - 8:30am | 473Brazil's largest low-fare airline operator, GOL Linhas Aereas Inteligentes S.A. (GOL) has introduced new flights to the city of Aeroparque Jorge Newbery, in Buenos Aires, Argentina. GOL has been continuously increasing the frequency of flights to the existing high-demand markets and adding new...
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Airlines Soaring! (AMR, LUV, DAL, LCC, UAL, JBLU)
Wednesday, November 24, 2010 - 2:12pm | 115The airline industry has been outperforming the broader averages in 2010, and the momentum is continuing on Wednesday. Here is a look at how some of the widely held names are performing during the current trading session. AMR Corporation (NYSE: AMR) +5.96% to $8.53 Southwest Airlines (NYSE: LUV) +...
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Southwest Airlines Names VP of Network Planning
Wednesday, November 24, 2010 - 12:03pm | 56Southwest Airlines (NYSE: LUV) announces John Jamotta as the new Vice President of Network Planning. He has been with Southwest Airlines and Network Planning—formerly known as Schedule Planning—since 1987, serving as Senior Director for the past seven years and leading the integrated planning...
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Unconfirmed Rumors circulate that AMR Corporation (AMR) and Southwest Airlines Co. (LUV) are in Merger Talks
Tuesday, November 23, 2010 - 11:34am | 30Unconfirmed Rumors circulate that AMR Corporation (AMR) and Southwest Airlines Co. (LUV) are in Merger Talks.
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Unconfirmed Rumors circulate that AMR Corporation (AMR) and Southwest Airlines Co. (LUV) are in Merger Talks
Tuesday, November 23, 2010 - 11:34am | 30Unconfirmed Rumors circulate that AMR Corporation (AMR) and Southwest Airlines Co. (LUV) are in Merger Talks.