-
Deutsche Bank Upgrades RJET To Buy
Monday, November 15, 2010 - 8:30am | 53Analysts at Deutsche Bank upgrade Republic Airways Holdings Inc (NASDAQ: RJET) from "hold" to "buy." The target price for RJET has been raised from $6.5 to $13. RJET's shares gained 3.72% to close at $8.09 on Friday. More Analyst Ratings here
-
Nomura Securities Upgrades ZNH To Buy
Monday, November 15, 2010 - 8:28am | 43Analysts at Nomura Securities upgrade China Southern Airlines Limited (NYSE: ZNH) from "neutral" to "buy." ZNH's shares fell 5.74% to close at $34.51 on Friday. More Analyst Ratings here
-
LAN Traffic Rises Significantly - Analyst Blog
Friday, November 12, 2010 - 7:03pm | 494Chile-based LAN Airlines S.A. (LFL) released its passenger traffic data for October 2010. Total passenger traffic grew significantly by 16.0% year over year, with an 11.9% increase in domestic traffic and 17.7% in international traffic. International passenger traffic accounted for approximately...
-
Southwest Airlines Names New Vice President of the Operations Coordination Center
Friday, November 12, 2010 - 3:03pm | 155Captain Jeff Martin Brings More Than Two Decades of Aviation Experience to Leadership Position. Southwest Airlines (NYSE: LUV) is pleased to announce that Captain Jeff Martin has been named the carrier's first Vice President of the Operations Coordination Center. Captain Martin began his career...
-
Benzinga's Top Pre-Market NASDAQ Gainers (FNSR, RJET, NVDA, CTEL)
Friday, November 12, 2010 - 9:20am | 131Finisar Corporation (NASDAQ: FNSR) rose 13.50% to $20.35 in the pre-market session. FNSR has lifted its FQ2 revenue projections. Republic Airways Holdings Inc (NASDAQ: RJET) added 4.49% to $8.15 in the pre-market session. RJET has priced its public offering of 12 million shares of its common stock...
-
LAN Affiliate Fined in EU - Analyst Blog
Thursday, November 11, 2010 - 6:33pm | 464Subsidiary of LAN Airlines S.A. (LFL) LAN Cargo, was fined €8.2 million (approximately US$11.5 million), for the infringement of antitrust regulations of the European Union, the investigation of which began in 2006. A total of €800 million (approximately US$1.1 billion) has been fined from 11 air...
-
ExpressJet Reports October 2010 Performance
Thursday, November 11, 2010 - 5:36pm | 154ExpressJet Holdings, Inc. (NYSE: XJT), parent company of regional and charter airline operator, ExpressJet Airlines, Inc., today reported traffic and capacity results for October 2010. Partner Flying During the month, ExpressJet revenue passenger miles (RPM) totaled 800 million, and available seat...
-
Wal-Mart's (NYSE:WMT) Falling Prices Earn Mixed Reviews
Thursday, November 11, 2010 - 2:33pm | 2028Moms and Dads, get your shopping lists ready! Wal-Mart Stores (NYSE:WMT) announced this week that it is dropping its prices on toys to get a jump on the holiday shopping season and potentially gain an edge over competitors such as Target (NYSE:TGT). The world's largest retailer is lowering the...
-
Market Roundup (AMR, LCC, AEG, OPTC, LONG)
Thursday, November 11, 2010 - 2:14pm | 218US Airline stocks moved down along with the broader equity market. However, shares of American Airlines parent AMR Corp (NYSE: AMR) gained about 1.5%. Shares of US Airways (NYSE: LCC) fell about 0.5%.The NYSE Arca Airline Index (XAL) lost about 0.31%. Shares of Aegon NV (NYSE: AEG) fell about 0.7%...
-
Citigroup Downgrades JetBlue; Raises Price Target (JBLU)
Thursday, November 11, 2010 - 10:26am | 155Citigroup is out with a research report this morning, where it downgrades shares of JetBlue Airways Corp. (NASDAQ: JBLU) to Hold/High Risk, from Buy/High Risk; it also raised its price target on the stock to $8.00, from $7.00. The Citi analysts said that the call was based purely on valuation....
-
ExpressJet Stockholders Approve Merger With SkyWest at $6.75 per Sahre
Wednesday, November 10, 2010 - 5:34pm | 124ExpressJet Holdings, Inc. (NYSE: XJT) announced that its stockholders voted to adopt and approve the merger agreement between SkyWest, Inc. and ExpressJet Holdings, Inc. at a special meeting held today in Houston, Texas. On August 4, 2010, ExpressJet and SkyWest announced that they entered into a...
-
Afternoon Market Update (LUV, JBLU, LCC)
Wednesday, November 10, 2010 - 1:01pm | 144US Airline stocks moved down today. Some of the losers in the list are Southwest Airlines (NYSE: LUV), JetBlue Airways (NASDAQ: JBLU) and US Airways (NYSE: LCC). The NYSE Arca Airline Index (XAL) fell about 0.2%. US Treasurys moved down to push the yields higher, after higher-than-expected decline...
-
Pinnacle Airlines Exceeds 3Q10 Estimates Thanks to Mesaba Acquisition
Wednesday, November 10, 2010 - 12:10pm | 122Dahlman Rose & Co. has published its research report on Pinnacle Airlines Corp. (NASDAQ: PNCL) following better than predicted 3Q10 results. Pinnacle Airlines reported 3Q10 EPS of $0.51. This was $0.20 higher than Dahlman Rose & Co.'s estimate and $0.10 higher than the consensus estimate....
-
Will Chesapeake Energy (NYSE:CHK) Be Warming Portfolios This Winter?
Wednesday, November 10, 2010 - 10:09am | 1932Last week during a Mad Money broadcast, host Jim Cramer had some positive things to say about Chesapeake Energy (NYSE:CHK). He noted that the energy company is “very well run” and likes Chesapeake's plans to expand further into the oil market rather than limiting itself to the natural-gas business...
-
LAN Airlines October Traffic up 16%
Wednesday, November 10, 2010 - 9:28am | 134LAN Airlines S.A. and its subsidiaries (NYSE: LFL) today reported its preliminary monthly traffic statistics and punctuality indicators for October 2010. During October, system passenger traffic increased 16.0% as capacity rose 11.3%. As a result, the Company's load factor for the month increased...