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Alibaba, Starbucks, Jetblue, Lockheed Martin, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, January 28, 2025 - 9:32pm | 690The stock market experienced a notable rebound today, with tech stocks leading the charge after a challenging start to the week. The Nasdaq 100 index rose by 2%, recovering from a decline the previous day. The index ended the day at 19,733.59. This recovery was driven by investor interest in buying...
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Spirit Airlines Nears Bankruptcy, Creditors May Approve Equity 'Cancellation:' Here's What It Means For Investors As Shares Fall With A Thud
Wednesday, November 13, 2024 - 5:19am | 531Shares of Spirit Airlines Inc. (NYSE:SAVE) plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the company failed to file its earnings for the quarter ended September 2024. The discount airline in a filing late Tuesday, said that it is in talks with its...
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JetBlue Plans Job Cuts In New York And Boston, But Assures No Furloughs As American Airlines Partnership Ends
Thursday, July 6, 2023 - 4:21am | 496In a recent announcement, JetBlue Airways (NASDAQ:JBLU) CEO Robin Hayes informed employees that the airline would likely require fewer jobs in New York and Boston due to the termination of its partnership with American Airlines. However, he assured that there are no plans for worker furloughs as...
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Will Airline Stocks Only Work In High Oil?
Wednesday, July 15, 2015 - 8:15am | 354Morgan Stanley's Rajeev Lalwani analyzed airline stocks under the context of lower oil prices. In the firm's Question of the Week, Lalwani asked: "What do you prefer (A) low oil, limited capacity discipline, and higher profits or (B) high oil, increased capacity discipline, and...
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Morgan Stanley Downgrades JetBlue Airways To Underweight
Tuesday, July 5, 2011 - 7:02am | 18Morgan Stanley has downgraded JetBlue Airways (NASDAQ: JBLU) to Underweight.
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J.P. Morgan Raises JetBlue PT from $7 to $8
Monday, May 16, 2011 - 8:06am | 31J.P. Morgan is raising its PT on shares of JetBlue Airways Corporation (NASDAQ: JBLU) from $7 to $8. JetBlue Airways Corporation closed Friday at $5.82.
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Citi Lowers PT on JetBlue Airways Corporation to $6.50 (JBLU)
Thursday, April 7, 2011 - 7:36am | 84Citi is out with its report today on JetBlue Airways Corporation (NASDAQ: JBLU), lowering its PT from $7 to $6.50. In a note to clients, Citi writes, "We are lowering our target price to $6.50 from $7.00 on reduced 2011-13 EPS expectations on higher fuel prices. Our estimates now reflect 2011-13...
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JetBlue (JBLU) And Delta Air Lines (DAL) Seek Exemptions From Tarmac Rule
Tuesday, March 9, 2010 - 10:41am | 188Because of a temporary closure of the main runway at New York's JFK airport, JetBlue Airways Corporation (Nasdaq: JBLU) and Delta Air Lines Inc. (NYSE: DAL) have asked for temporary exemptions from a new federal government rule that limits the amount of time that passengers can be forced to wait on...
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Airline Stocks Rise, Continental Airlines (CAL) Faces Trial
Monday, February 1, 2010 - 9:06pm | 229Continental Airlines, Inc. (NYSE: CAL) was up, along with other airline stocks, nearly 5 % in the day before losing ground in after hours trading. The stock opened at $18.54 and went as high as $19.35 before settling at $19.29 for the day and falling further after hours. Although Continental...
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Airline Shares Fall (ALK) (JBLU) (AMR) (DAL) (UAUA)
Thursday, January 28, 2010 - 6:24pm | 248Airline stocks fell sharply during Thursday trading. The move was in line with the broader market, as the S&P 500 (NYSE: SPY) was down for the day. Alaska Air Group Inc. (NYSE: ALK) shares fell over 10% after the airline reported profits much lower than those anticipated by analysts, partly due...
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Airline Shares Mixed After United Airlines (UAUA) Reports Lower Than Expected Loss
Wednesday, January 27, 2010 - 4:49pm | 176Shares of airline companies were mixed on Wednesday after UAL Corporation (Nasdaq: UAUA), the parent company of United Airlines, posted a lower than expected loss. For the past week, many airlines have been posting lower than expected losses. However, after a three month run up in prices, investors...