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Five Chicago Stocks to Watch When Rahm Emanuel Becomes Mayor (BA, CME, EXC, NTRS, UAL)
Tuesday, May 3, 2011 - 4:14pm | 744On May 16, Rahm Emanuel will take up the reins of the city of Chicago, ending the six-term administration of Mayor Richard M. Daley. Emanuel , a former White House chief of staff and Democratic member of the U.S. House of Representatives, is well known for his blunt, take-no-prisoners style. But...
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Snowstorm Continues To Ground East Coast
Monday, December 27, 2010 - 12:21pm | 159At least 1,620 flights have been grounded because of the massive East Cost snowstorm today, adding to the more than 2,600 flights that were canceled yesterday, Bloomberg reports. U.S. carriers have canceled at least 1,620 flights so far today, after cutting more than 2,600 yesterday, as they wait...
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Continental Airlines PRASM Increases 18-19% For August
Thursday, September 2, 2010 - 9:36am | 87Continental Airlines, Inc. (NYSE: CAL) reported that August consolidated and mainline PRASM increased 18-19% y/y, a shade higher than Deutsche Bank's forecast of a 17-18% increase. Deutsche Bank also points out that although unit revenue for the month was at the high end of the estimate, fuel...
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Unemployment News Hits Airline Stocks (CAL) (DAL) (ALK) (LCC)
Thursday, February 4, 2010 - 4:41pm | 196Shares of airline stocks fell on Thursday after the market reacted to higher unemployment numbers and J.P. Morgan (NYSE: JPM) downgraded three airline stocks. J.P. Morgan downgraded Alaska Air Group, Inc. (NYSE: ALK), Continental Airlines, Inc. (NYSE: CAL) and Delta Air Lines Inc. (NYSE: DAL) from...
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Analyst Reiterates Buy Rating For Continental Airlines (CAL)
Tuesday, February 2, 2010 - 3:30pm | 115Jesup & Lamont analyst Helane Becker reiterated her Buy rating for Continental Airlines, Inc. (NYSE: CAL) because most of the airline's reported financial numbers fell in line with Jesup & Lamont's earlier forecasts. Continental Airlines reported that its January traffic grew by 8.6% as...
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U.S. Airways Raises Online Baggage Fees
Friday, January 15, 2010 - 5:28pm | 181U.S. Airways (NYSE: LCC) is the latest airline to raise baggage fees. As of February 1st, U.S. Airways will charge customers $23 to check their first bag online, up from the previous price of $20. The price for a second bag was raised from $30 to $32. The fee changes were made to match those of...
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Continental Airlines(CAL) Reports A Third Quarter 2009 Net Loss Of $18 Million
Wednesday, October 21, 2009 - 6:54am | 98Continental Airlines, Inc.(Public, NYSE:CAL) has today announced Q3 of 2009 net loss of $18 million, recording a net income of $2 million and an EPS of $0.02 beating expectation by $0.08. This comes amid declines in passenger traffic and lower fares, with most businessmen preferring to travel...