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2023-12-31 00:00:00
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2023-11-07 00:00:00+00:00
AAL
Impala Platinum starts voluntary job cuts at South African mines
By Felix Njini JOHANNESBURG, Nov 7 (Reuters) - Impala Platinum IMPJ.J said it was offering voluntary job cuts to workers at some of the world's deepest platinum mining shafts in South Africa in a bid to cut costs as prices for the metal fall. The Johannesburg-based platinum miner started the process at its head office ...
2023-11-07 00:00:00+00:00
AAL
Impala Platinum starts voluntary job cuts at South Africa mines
By Felix Njini JOHANNESBURG, Nov 7 (Reuters) - Impala Platinum IMPJ.J said it was offering voluntary job cuts to workers at some of the world's deepest platinum mining shafts in South Africa in a bid to cut costs as prices for the metal fall. The Johannesburg-based platinum miner started the process at its head office ...
2023-11-06 00:00:00+00:00
AAL
JetBlue CEO at trial calls Spirit merger key to taking on larger airlines
By Nate Raymond BOSTON, Nov 6 (Reuters) - The CEO of JetBlue Airways testified in court on Monday that the company's proposed $3.8 billion acquisition of Spirit Airlines is a critical part of his plan to turn the airline into a more significant competitor to the four largest U.S. air carriers. JetBlue CEO Robin Hayes d...
2023-11-06 00:00:00+00:00
AAL
US FAA to hold new round of runway-safety meetings after close calls
By David Shepardson WASHINGTON, Nov 6 (Reuters) - The U.S. Federal Aviation Administration (FAA) said on Monday it would hold runway safety meetings at 16 additional airports in the coming weeks after a series of troubling close-call aviation incidents. In August, the FAA said it was holding meetings at 90 airports aft...
2023-11-06 00:00:00+00:00
AAL
Chile copper production uneven in September - Cochilco
Updates with additional detail in paragraphs 2 and 4 SANTIAGO, Nov 6 (Reuters) - Production at Chile's largest copper mines was uneven in September, dragged down by weak performance from state-run miner Codelco, the Chilean Copper Commission (Cochilco) said on Monday. Codelco's production slipped 5.3% year-over-year in...
2023-11-06 00:00:00+00:00
AAL
Botswana conducts due diligence on HB Antwerp stake, president says
By Brian Benza GABORONE, Nov 6 (Reuters) - Botswana is conducting due diligence on HB Antwerp, as the world's top diamond producing country by value seeks to finalise a deal to acquire a 24% shareholding in the Belgian gem trader, President Mokgweetsi Masisi said on Monday. At the height of talks for a new sales contra...
2023-11-06 00:00:00+00:00
AAL
New Strong Sell Stocks for November 6th
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: American Axle & Manufacturing Holdings AXL is a leading supplier of driveline and drivetrain systems, modules and components for the light vehicle market. The Zacks Consensus Estimate for its current year earnings has been revised 81.6% downward...
2023-11-03 00:00:00+00:00
AAL
Validea Detailed Fundamental Analysis - AAL
Below is Validea's guru fundamental report for AMERICAN AIRLINES GROUP INC (AAL). Of the 22 guru strategies we follow, AAL rates highest using our Acquirer's Multiple Investor model based on the published strategy of Tobias Carlisle. This deep value model looks for inexpensive stocks that could be potential takeover ta...
2023-11-02 00:00:00+00:00
AAL
De Beers agrees five-year wage deal with S.African union
Nov 2 (Reuters) - Anglo American Plc's AAL.L De Beers on Thursday signed a five-year wage deal with the National Union of Mineworkers (NUM) which represents workers at its South African diamond operations. The agreement will see employees receiving a 7% increase in 2023, and 6% in the subsequent years until April 30 20...
2023-11-02 00:00:00+00:00
AAL
December 22nd Options Now Available For American Airlines Group (AAL)
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading today, for the December 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new December 22nd contracts and identified one put and one call contract of particular inter...
2023-11-01 00:00:00+00:00
AAL
Spirit Airlines CEO defends JetBlue merger in US antitrust trial
By Nate Raymond BOSTON, Nov 1 (Reuters) - The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger airlines that dominate the U.S. skies. Ted Christie, Spirit's chief executive officer, du...
2023-11-01 00:00:00+00:00
AAL
JetBlue's (JBLU) Q3 Loss Wider Than Expected, Q4 View Weak
JetBlue Airways JBLU third-quarter 2023 loss (excluding 7 cents from non-recurring items) of 39 cents per share was wider than the Zacks Consensus Estimate of a loss of 27 cents. In the year-ago quarter, JBLU had reported earnings of 21 cents. Headwinds like weather-related constraints and high fuel prices hurt results...
2023-10-31 00:00:00+00:00
AAL
Botswana's Debswana rough diamond sales down 21% on weak demand
GABORONE, Oct 31 (Reuters) - Sales of rough diamonds at Debswana Diamond Company fell 21% in the nine months up to September, Botswana's central bank data on Tuesday showed, as demand for gems slowed amid global economic uncertainty. Debswana, equally owned by Botswana and Anglo American Plc's AAL.L De Beers, sells 75%...
2023-10-31 00:00:00+00:00
AAL
US seeks to block JetBlue's Spirit Airlines deal at trial
By Nate Raymond BOSTON, Oct 31 (Reuters) - A U.S. Department of Justice lawyer on Tuesday urged a federal judge to block JetBlue Airways' JBLU.O planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines at the start of closely-watched antitrust trial. The case in federal court in Boston is part of a br...
2023-10-31 00:00:00+00:00
AAL
Sabre (SABR) & Air India Extend Deal in Indian Domestic Market
Sabre Corporation SABR and Air India recently strengthened the partnership through an extended distribution agreement, which is based on their initial collaboration announced in April 2023. Under the original April 2023 arrangement, the two companies established a fresh deal for the distribution of Air India's content ...
2023-10-30 00:00:00+00:00
AAL
Senators ask US regulators to address airline frequent flyer programs
WASHINGTON, Oct 30 (Reuters) - Two U.S. senators on Monday asked the Transportation Department and Consumer Financial Protection Bureau about "troubling reports" of unfair and deceptive practices in airlines’ frequent flyer and loyalty programs. Senator Dick Durbin, a Democrat, and Republican Roger Marshall cited repor...
2023-10-30 00:00:00+00:00
AAL
FedEx pilots union picks interim leader after rejecting tentative deal
Adds details, comment from new chair in paragraphs 4-7 Oct 30 (Reuters) - The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots Association (ALPA), said on Monday it had elected a new interim chair after union members rejected a tentative contract with the company in ...
2023-10-30 00:00:00+00:00
AAL
G7 plan to ban Russian diamonds to further dim industry sparkle
By Polina Devitt, Clara Denina and Mimosa Spencer LONDON/PARIS, Oct 30 (Reuters) - The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems, with consumers and producers battling to manage ever more complex supply chains against a backdrop of sluggish demand. With direct sales of Russi...
2023-10-28 00:00:00+00:00
AAL
Is domestic travel back on track? Check out these companies
The United States economy has achieved something most bears never expected: gross domestic product (GDP) expanded by 4.9% during the past quarter, whereas economists only expected a 4.7% jump. Even in real growth terms, considering inflation, things have improved past any point of concern. Some analysts ask whether thi...
2023-10-26 00:00:00+00:00
AAL
7 Undervalued Stocks to Buy Before Everyone Else
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Despite multiple macroeconomic issues in the past year, the market looks to finally be turning back up as 2024 nears. In 2022 and 2023, unexpected downturns from the bear market, threats of an impending recession, and inflationary pressure brought down hund...
2023-10-25 00:00:00+00:00
AAL
The 3 Most Undervalued Industrial Stocks to Buy: October 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Industrial companies are important for investors to add to their portfolios for a few reasons. Diversifying an investment portfolio is a good idea, especially in uncertain economic times. It is best to invest equally in multiple industries, not to spread yo...
2023-10-25 00:00:00+00:00
AAL
Airlines Earnings Mixed-to-Upbeat: What Lies Ahead of ETF?
It’s been less than two weeks since Delta Air Lines Inc. DAL kick started the third-quarter earnings season for the airline space. Overall, the season has been mixed for the industry. The sector still has to traverse a long way before it can reach the pre-pandemic level. However, the pureplay airlines ETF U.S. Global J...
2023-10-24 00:00:00+00:00
AAL
Citigroup Maintains American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on October 24, 2023, Citigroup maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 41.69% Upside As of October 5, 2023, the average one-year price target for American Airlines Group is 15.87. The forecasts range from a low of 9.0...
2023-10-24 00:00:00+00:00
AAL
Chile's Cochilco says large-scale copper mining costs keep growing
SANTIAGO, Oct 24 (Reuters) - The costs of large-scale copper mining in Chile kept rising due to lower production and rising service costs, a report from the state-run Chilean Copper Commission (Cochilco) said on Tuesday. The report, which covers the first half of the year, said that the direct cost reached 198.8 cents ...
2023-10-24 00:00:00+00:00
AAL
Botswana's ODC halts diamond sales as industry seeks to reduce glut
By Brian Benza GABORONE, Oct 24 (Reuters) - Botswana's state-owned Okavango Diamond Company (ODC) has temporarily halted its rough stone sales as part of an industry-wide drive to reduce the glut of inventory caused by lower global demand for jewelry, its managing director Mmetla Masire said on Tuesday. ODC, which repo...
2023-10-24 00:00:00+00:00
AAL
Anglo American lowers 2023 copper production guidance
Recasts, adds detail LONDON, Oct 24 (Reuters) - Global miner Anglo American AAL.L on Tuesday lowered its 2023 production guidance for copper on curtailments at its Chilean operations, even as its output of the metal rose 42% in the third quarter. Anglo expects to produce between 830,000 and 870,000 metric tons of coppe...
2023-10-23 00:00:00+00:00
AAL
It’s Probably Time to Ground United Airlines Stock (NASDAQ:UAL)
Although the COVID-19 pandemic imposed a disproportionate impact on United Airlines (NASDAQ:UAL) and the underlying industry, forward-looking investors banked on the pent-up demand theory to eventually lift sentiment. However, this so-called “revenge travel” catalyst may be diminishing as economic pressures crimp discr...
2023-10-23 00:00:00+00:00
AAL
3 Stocks to Avoid This Week
Wall Street moved lower last week. I thought my three stocks to avoid for that week -- Carnival, Cohen & Steers, and American Airlines -- were going to lose to the market. They fell 10%, 7%, and 5%, respectively, for an average decline of 7.3% for the week. The S&P 500 moved 2.4% lower, but I was still right. I have be...
2023-10-20 00:00:00+00:00
AAL
Validea Detailed Fundamental Analysis - AAL
Below is Validea's guru fundamental report for AMERICAN AIRLINES GROUP INC (AAL). Of the 22 guru strategies we follow, AAL rates highest using our Acquirer's Multiple Investor model based on the published strategy of Tobias Carlisle. This deep value model looks for inexpensive stocks that could be potential takeover ta...
2023-10-20 00:00:00+00:00
AAL
Is the Revenge Travel Boom Starting to Fizzle Out?
The post-pandemic revenge travel boom may be winding down, at least depending on which company you ask. Revenge travel refers to the boom that occurred as Covid restrictions eased and people rebooked canceled travel plans and took advantage of their freedom to move around again. Shares of American Airlines Group Inc....
2023-10-19 00:00:00+00:00
AAL
De Beers says G7 needs to consult industry on planned Russian diamond ban
LONDON, Oct 19 (Reuters) - Global diamond company De Beers on Thursday urged G7 leaders to debate plans to ban Russian diamonds from 2024 with governments and industry in major producing and processing countries to try to end protracted deadlock. Group of Seven countries are this week expected to discuss four proposals...
2023-10-19 00:00:00+00:00
AAL
US STOCKS-Wall St drops as Treasury yields surge, Powell speaks
By Caroline Valetkevitch NEW YORK, Oct 19 (Reuters) - U.S. stocks ended solidly lower on Thursday, with shares of Tesla fallingafter its results and Treasury yields surging as Federal Reserve Chair Jerome Powell spoke about monetary policy and investors worried whether interest rates would stay higher for longer. Tesla...
2023-10-19 00:00:00+00:00
AAL
American Airlines (AAL) Beats on Q3 Earnings, Cuts FY23 View
American Airlines’ AAL third-quarter 2023 earnings (excluding $1.21 from non-recurring items) of 38 cents per share easily beat the Zacks Consensus Estimate of 26 cents. Results were aided by higher revenues driven by the buoyant air-travel-demand scenario. In the year-ago quarter, AAL reported earnings of 69 cents. Op...
2023-10-19 00:00:00+00:00
AAL
Stocks Pressured as Bond Yields Continue to Climb
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.26%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.42%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.13%. Stocks this morning are mixed. The broader market is under pressure as the 10-year T-note yield rose to a 16-year high today aft...
2023-10-19 00:00:00+00:00
AAL
Weekly Jobless Claims Fall Below Expectations
Pre-market futures have plenty to digest this morning, both on the economic data side and in the continuation of Q3 earnings releases, but they appear to be doing so with a fair amount of cheer. We’re now slightly in the green after being slightly in the red prior to these reports. Currently, the Dow is +22 points, the...
2023-10-19 00:00:00+00:00
AAL
Jobless Claims Sub-200K; AAL, FITB Mixed in Q3
Pre-market futures have plenty to digest this morning, both on the economic data side and in the continuation of Q3 earnings releases, but they appear to be doing so with a fair amount of cheer. We’re now slightly in the green after being slightly in the red prior to these reports. Currently, the Dow is +22 points, the...
2023-10-19 00:00:00+00:00
AAL
Markets Today: Stocks Move Lower on Higher Bond Yields
Morning Markets The S&P 500 Index ($SPX) (SPY) is down -0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.14%. Stock index futures this morning are moderately lower. Higher T-note yields are negative for stocks. The 10-year T-note yield climbed to a...
2023-10-19 00:00:00+00:00
AAL
American Airlines (AAL) Reports Q3 Earnings: What Key Metrics Have to Say
American Airlines (AAL) reported $13.48 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 0.2%. EPS of $0.38 for the same period compares to $0.69 a year ago. The reported revenue represents a surprise of -0.27% over the Zacks Consensus Estimate of $13.52 billion. With t...
2023-10-19 00:00:00+00:00
AAL
American Airlines Orders Four Embraer E175s - Quick Facts
(RTTNews) - Embraer (ERJ) said that American Airlines has signed a firm order with the company for four new E175s. The contract value is US$230.6 million at list price, and will be included in Embraer's 2023 fourth quarter backlog. The aircraft will be operated by American's wholly owned subsidiary, Envoy Air. With all...
2023-10-19 00:00:00+00:00
AAL
Markets Today: Stocks Climb on Positive Earnings Results Despite Higher Bond Yields
Morning Markets December E-Mini S&P 500 futures (ESZ23) are up +0.10%, and the Dec Nasdaq 100 E-Mini futures (NQZ23) are up +0.31%. Stock index futures this morning are moderately higher on some better-than-expected corporate earnings results. Netflix is up more than +12% in pre-market trading after it reported a larg...
2023-10-19 00:00:00+00:00
AAL
American Airlines (AAL) Surpasses Q3 Earnings Estimates
American Airlines (AAL) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ag...
2023-10-19 00:00:00+00:00
AAL
American Airlines Q3 Profit Beats Estimates; Lowers 2023 Earnings Outlook
(RTTNews) - American Airlines Group Inc. (AAL) posted a third-quarter net loss of $545 million compared to net income of $483 million, last year. Loss per share was $0.83 compared to profit of $0.69. The company recognized $808 million of net special items in the third quarter after the effect of taxes, which principal...
2023-10-19 00:00:00+00:00
AAL
American Airlines Group Inc Q3 Earnings Summary
(RTTNews) - Below are the earnings highlights for American Airlines Group Inc (AAL): Earnings: -$545 million in Q3 vs. $483 million in the same period last year. EPS: -$0.83 in Q3 vs. $0.69 in the same period last year. Excluding items, American Airlines Group Inc reported adjusted earnings of $263 million or $0.38 per...
2023-10-19 00:00:00+00:00
AAL
American Airlines reports quarterly loss on soaring costs
Adds revenue numbers in paragraph 5, background Oct 19 (Reuters) - American Airlines AAL.O reported a quarterly loss on Thursday, as it was hobbled by the impact of rising jet fuel prices and expensive labor contracts. Rising costs as well as signs of softening domestic travel demand have raised worries about the indus...
2023-10-19 00:00:00+00:00
AAL
American Airlines Group Q3 23 Earnings Conference Call At 8:30 AM ET
(RTTNews) - American Airlines Group Inc (AAL) will host a conference call at 8:30 AM ET on October 19, 2023, to discuss Q3 23 earnings results. To access the live webcast, log on to https://americanairlines.gcs-web.com/events/upcoming-events The views and opinions expressed herein are the views and opinions of the auth...
2023-10-19 00:00:00+00:00
AAL
US airline investors worry the travel boom may be coming in for a landing
By Rajesh Kumar Singh CHICAGO, Oct 19 (Reuters) - It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters, making it harder to protect profits from soaring costs. "It's really a demand-driven business" said Brian Mulberry...
2023-10-19 00:00:00+00:00
AAL
US STOCKS-Wall St eyes higher open ahead of Powell's comments; Tesla drops, Netflix surges
By Shubham Batra and Shashwat Chauhan Oct 19 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as Tesla and Netflix kicked U.S. earnings season into high gear, while Treasury yields eased off session highs ahead of remarks from Federal Reserve Chair Jerome Powell. NetflixNFLX.O soared 15% in pr...
2023-10-18 00:00:00+00:00
AAL
Transportation Stocks' Q3 Earnings Due on Oct 19: UNP, ALK & AAL
The Zacks Transportation sector is widely diversified. It houses airlines, railroads, shipping and trucking companies, to name a few. Only a handful of transportation companies have reported their third-quarter 2023 numbers so far. The gradual uptick in the economic scenario implies that trading volumes have consistent...
2023-10-18 00:00:00+00:00
AAL
Stocks Tumble on Renewed Middle East Risks
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.78%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.50%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.85%. Stocks this morning are moderately lower on the risks of an escalation in the Israeli-Hamas war after an explosion at a Gaza ho...
2023-10-18 00:00:00+00:00
AAL
Stocks Close Lower on Heightened Geopolitical Risks and Soaring Bond Yields
What you need to know… The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -1.34%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.41%. Stocks on Wednesday closed sharply lower, with the Nasdaq 100 falling to a 1-week low. Stocks retreated Wed...
2023-10-18 00:00:00+00:00
AAL
Notable Wednesday Option Activity: LVS, ELV, AAL
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Las Vegas Sands Corp (Symbol: LVS), where a total of 20,717 contracts have traded so far, representing approximately 2.1 million underlying shares. That amounts to about 44.7% of LVS's average daily trading volu...
2023-10-18 00:00:00+00:00
AAL
US airline investors worry the travel boom may be coming in for a landing
By Rajesh Kumar Singh CHICAGO, Oct 18 (Reuters) - It should be the best of times for U.S. airlines with a travel boom still going strong, but investors are nervous demand may soften as the economy falters, making it harder to protect profits from soaring costs. "It's really a demand-driven business" said Brian Mulberry...
2023-10-18 00:00:00+00:00
AAL
Here's Why Investors Should Retain American Airlines (AAL)
American Airlines Group Inc. AAL is benefiting from broadening network and debt-reduction efforts. However, weak guidance is worrisome. Factors Favoring AAL American Airlines’ debt-reduction efforts are impressive as well. Management aims to reduce its debt by $15 billion by 2025 end. The company aims to attain this ob...
2023-10-18 00:00:00+00:00
AAL
Major airline shares hit turbulence on disappointing profit outlook from United
By Shivansh Tiwary Oct 18 (Reuters) - Shares of major U.S. airlines fell on Wednesday, after a disappointing fourth-quarter forecast from United Airlines UAL.O a day earlier spooked investors and raised concerns rising costs are denting profits for carriers. United's shares were down as much as 8%, hitting their lowest...
2023-10-18 00:00:00+00:00
AAL
Markets Today: Stocks Slip on Set-Back in Diplomatic Efforts to Contain Israel-Hamas Conflict
Morning Markets December E-Mini S&P 500 futures (ESZ23) are down -0.48%, and the Dec Nasdaq 100 E-Mini futures (NQZ23) are down -0.67%. Stock index futures this morning are moderately lower on this morning’s weaker-than-expected U.S. housing starts report. Also, risks of an escalation in the Israeli-Hamas war weighed ...
2023-10-18 00:00:00+00:00
AAL
US STOCKS-Wall St falls as Middle East tensions drive risk-off mood
By Ankika Biswas and Shashwat Chauhan Oct 18 (Reuters) - Wall Street's main indexes fell on Wednesday as growing tensions in the Middle East dented risk sentiment, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses. U.S. President Joe Biden arrived in Israel, ...
2023-10-18 00:00:00+00:00
AAL
US STOCKS-Futures down on Middle East worries as earnings get into full swing
By Ankika Biswas and Shashwat Chauhan Oct 18 (Reuters) - Futures for Wall Street's main indexes dipped on Wednesday as growing tensions in the Middle East spurred demand for safe-haven assets, with investors also focused on earnings to gauge the impact of inflation and high interest rates on businesses. A huge explosio...
2023-10-18 00:00:00+00:00
AAL
US STOCKS-Futures slip on Middle East worries, earnings gets into full swing
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: S&P down 0.12%, Nasdaq down 0.21%, Dow flat Oct 18 (Reuters) - Futures for Wall Street's main indexes dipped on Wednesday as growing tensions in the Middle East spurred demand for safe-haven assets, whil...
2023-10-18 00:00:00+00:00
AAL
Should You Pick Delta Stock At $34 After Q3 Beat?
Delta (NYSE: DAL) recently reported its Q3 results, with revenues falling in line and earnings beating our estimates. The company reported adjusted revenue of $14.6 billion, up 18% y-o-y. Its adjusted earnings of $2.03 per share were up 34% y-o-y and above our estimate of $1.98 per share. In this note, we discuss Delta...
2023-10-18 00:00:00+00:00
AAL
Why American Airlines (AAL) Might Surprise This Earnings Season
Investors are always looking for stocks that are poised to beat at earnings season and American Airlines Group Inc. AAL may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because American Airlines is seeing favorable earnings estimate ...
2023-10-17 00:00:00+00:00
AAL
Why American Airlines (AAL) is Poised to Beat Earnings Estimates Again
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering American Airlines (AAL), which belongs to the Zacks Transportation - Airline industry. This world's largest airline has seen a nice streak of beating earnings estimates,...
2023-10-17 00:00:00+00:00
AAL
Fuel Costs Likely to Hurt American Airlines' (AAL) Q3 Earnings
Expenses on fuel represent a significant input cost for an airline company. At American Airlines AAL, fuel costs accounted for roughly 29% of the company’s total operating expenses incurred in 2022. Oil price has been moving northward recently mainly due to Saudi Arabia and Russia extending voluntary supply cuts. The u...
2023-10-16 00:00:00+00:00
AAL
4 Stocks That Moved the Market in September
September was a rough month in the stock market, as the S&P 500 fell 4.9%. But investors can gain an advantage by understanding the forces that drove certain stocks higher or lower. You can prepare yourself for upcoming market trends by digging deeper beyond the headlines. It's always a good idea to review key trends t...
2023-10-16 00:00:00+00:00
AAL
3 Stocks to Avoid This Week
Wall Street inched higher last week. I thought my three stocks to avoid for that week -- Walgreens Boots Alliance, Equinix, and Carvana -- were going to lose to the market. They rose 7%, climbed 3%, and fell 10%, respectively, for an average that was flat for the week. The S&P 500 moved 0.4% higher, so I was right. I h...
2023-10-16 00:00:00+00:00
AAL
Option Volatility And Earnings Report For October 16 - 20
Earnings season kicked off last week and it’s stepping up a gear this week with a huge number of big names set to report. This week we have Tesla (TSLA), Johnson & Johnson (JNJ), Bank of America (BAC), Netflix (NFLX), Morgan Stanley (MS), American Express (AXP), Lockheed Martin (LMT) and Goldman Sachs (GS) all set to r...
2023-10-16 00:00:00+00:00
AAL
Stocks Set to Open Higher as Investors Await Powell Speech and Corporate Earnings
December S&P 500 futures (ESZ23) are up +0.28%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.04% this morning as market participants braced for a busy week of corporate earnings while awaiting a key speech by Federal Reserve Chairman Jerome Powell. In Friday’s trading session, Wall Street’s major averages c...
2023-10-16 00:00:00+00:00
AAL
Stocks Set to Open Mixed as Investors Await Powell Speech and Corporate Earnings
December S&P 500 futures (ESZ23) are up +0.17%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.05% this morning as market participants braced for a busy week of corporate earnings while awaiting a key speech by Federal Reserve Chairman Jerome Powell. In Friday’s trading session, Wall Street’s major averages...
2023-10-13 00:00:00+00:00
AAL
Wall St Week Ahead-Investors zero in on health of consumer with retail sales, earnings
By Lewis Krauskopf NEW YORK, Oct 13 (Reuters) - Investors in the coming week will get a look at the state of U.S. consumers - whose spending drives around two-thirds of the economy - with a U.S. retail sales report and earnings due from Procter & Gamble, Netflix and a slew of banks. Durable consumer spending has been a...
2023-10-12 00:00:00+00:00
AAL
US STOCKS-Wall St set for subdued open after inflation data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window September consumer prices rise 0.4% vs 0.3% estimate Fed officials adopted more cautious stance in September Delta Air Lines up on quarterly profit beat Israel says no exceptions to Gaza siege unless hostages free...
2023-10-12 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For December 1st
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading today, for the December 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new December 1st contracts and identified one put and one call contract of particular interes...
2023-10-12 00:00:00+00:00
AAL
Susquehanna Maintains American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on October 11, 2023, Susquehanna maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 27.15% Upside As of October 5, 2023, the average one-year price target for American Airlines Group is 15.87. The forecasts range from a low of 9...
2023-10-12 00:00:00+00:00
AAL
Earnings Preview: American Airlines (AAL) Q3 Earnings Expected to Decline
The market expects American Airlines (AAL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-te...
2023-10-12 00:00:00+00:00
AAL
US STOCKS-Futures rise as Treasury yields retreat ahead of inflation data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window CPI, weekly jobless claims due at 8:30 a.m. ET Fed officials adopted more cautious stance in September Israel says no exceptions to Gaza siege unless hostages freed Delta Air Lines up on quarterly profit beat Futu...
2023-10-11 00:00:00+00:00
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PREVIEW-Flagging domestic travel casts shadow over US airline earnings
By Rajesh Kumar Singh CHICAGO, Oct 11 (Reuters) - A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the bubble is about to burst, sparking a sell-off in airline stocks and prompting analysts to slash their earnings e...
2023-10-10 00:00:00+00:00
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Delta (DAL) Cuts Tel Aviv Flights Post Israel-Palestine Clash
Delta Air Lines DAL will not operate flights to Tel Aviv through the current month end. Management arrived at the decision following the fighting between Israel forces and Hamas. The decision to cancel flights extends Delta’s previous travel alert, which suspended flights to Tel Aviv through the current week. Per the l...
2023-10-10 00:00:00+00:00
AAL
Stock Index Futures Climb on Dovish Fed Comments, PepsiCo Earnings on Tap
December S&P 500 futures (ESZ23) are up +0.20%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.26% this morning as comments from Fed officials bolstered bets that the U.S. central bank may stand pat until year-end, while investors continued to evaluate the potential impact of the Israel-Hamas conflict. In Mon...
2023-10-10 00:00:00+00:00
AAL
Stock Index Futures Climb as Dovish Fed Comments Boost Sentiment, PepsiCo Earnings on Tap
December S&P 500 futures (ESZ23) are up +0.20%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.26% this morning as comments from Fed officials bolstered bets that the U.S. central bank may stand pat until year-end, while investors continued to evaluate the potential impact of the Israel-Hamas conflict. In Mon...
2023-10-09 00:00:00+00:00
AAL
American Airlines Group is Now Oversold (AAL)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100....
2023-10-09 00:00:00+00:00
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GLOBAL-MARKETS-Oil, gold jump on Middle East conflict; US stocks end higher
By Caroline Valetkevitch NEW YORK, Oct 9 (Reuters) - Oil prices jumped more than 4%, gold gained and the safe-haven U.S. dollar edged up against the euro on Monday as military clashes between Israel and the Palestinian Islamist group Hamas fueled worries that the conflict could spread beyond Gaza. U.S. stocks ended hig...
2023-10-09 00:00:00+00:00
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US STOCKS-Wall Street advances as investors monitor Mideast conflict headlines
By Sinéad Carew and Shashwat Chauhan Oct 9 (Reuters) - Wall Street's major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas. The Israeli military said it called up reservists and was imposing a to...
2023-10-09 00:00:00+00:00
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Stocks Mixed on Middle East Turmoil
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.01%. Stocks are mixed after the militant group Hamas attacked Israel over the weekend, leaving more than 1,100 dead. European governmen...
2023-10-09 00:00:00+00:00
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Stocks Recover Early Losses on Dovish Fed Remarks
What you need to know… The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.63%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.49%. Stocks on Monday recovered from early losses and posted moderate gains, with the S&P 500 and Nasdaq 100 climbing to 2...
2023-10-09 00:00:00+00:00
AAL
Notable Monday Option Activity: AAL, MDLZ, BTU
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in American Airlines Group Inc (Symbol: AAL), where a total of 150,033 contracts have traded so far, representing approximately 15.0 million underlying shares. That amounts to about 47.8% of AAL's average daily tra...
2023-10-09 00:00:00+00:00
AAL
Stocks Higher Despite Middle East Turmoil
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.39%. Stocks are higher this afternoon, despite the militant group Hamas attacked Israel over the weekend, leaving more than 1,100 dead. E...
2023-10-09 00:00:00+00:00
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US STOCKS-Wall Street declines on Middle East conflict
By Shashwat Chauhan and Ankika Biswas Oct 9 (Reuters) - Wall Street's main indexes fell on Monday as a deepening conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped around 4%. Israel said its troops backed by hel...
2023-10-09 00:00:00+00:00
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S&P 500 Movers: AAL, NOC
In early trading on Monday, shares of Northrop Grumman topped the list of the day's best performing components of the S&P 500 index, trading up 9.7%. Year to date, Northrop Grumman has lost about 14.9% of its value. And the worst performing S&P 500 component thus far on the day is American Airlines Group, trading down ...
2023-10-09 00:00:00+00:00
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US STOCKS-S&P 500, Nasdaq fall on Middle East conflict
By Shashwat Chauhan and Ankika Biswas Oct 9 (Reuters) - The S&P 500 and the Nasdaq fell on Monday as a deepening conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped over 3%. Israel said its troops backed by helic...
2023-10-09 00:00:00+00:00
AAL
Markets Today: Stocks Retreat on Conflict in the Middle East
Morning Markets December E-Mini S&P 500 futures (ESZ23) are down -0.71%, and the Dec Nasdaq 100 E-Mini futures (NQZ23) are down -0.88%. Stock index futures this morning are moderately lower as ramped-up geopolitical concerns sparked risk-off sentiment in asset markets after the militant group Hamas attacked Israel over...
2023-10-09 00:00:00+00:00
AAL
Implied Volatility Surging for American Airlines (AAL) Stock Options
Investors in American Airlines Group Inc. AAL need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 17, 2023 $3.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement t...
2023-10-09 00:00:00+00:00
AAL
US STOCKS-Futures lower as Middle East conflict sparks run for safe-haven assets
By Shashwat Chauhan and Ankika Biswas Oct 9 (Reuters) - U.S. stock index futures fell on Monday as a deepening conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped close to 4%. Israel's troops were still fighting ...
2023-10-09 00:00:00+00:00
AAL
Stocks Under Pressure from Middle East Turmoil
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.36%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.65%. Stocks this morning are moderately lower as geopolitical concerns sparked risk-off sentiment in asset markets after the militan...
2023-10-08 00:00:00+00:00
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American Airlines Pilot Union Calls For Stopping Flights To Israel, Due To War Declaration
(RTTNews) - The pilots' union for American Airlines has directed its members to cease flight operations to Israel until they "can be reasonably assured of the region's safety and security". "It is not prudent or appropriate to knowingly put our flight crews and passengers in harm's way by maintaining flights into a war...
2023-10-08 00:00:00+00:00
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Several airlines suspend Tel Aviv flights until safety conditions improve
Adds Hainan, Cathay Pacific, Korean Air; paragraphs 6-9 Oct 9 (Reuters) - Several international air carriers have suspended flight services with Tel Aviv in light of the Hamas militant attack on Israel, saying they were waiting for safety conditions to improve before resuming. Fighters from the Islamist group killed 70...
2023-10-06 00:00:00+00:00
AAL
American Airlines (AAL) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, American Airlines (AAL) closed at $12.76, marking a -0.7% move from the previous day. This move lagged the S&P 500's daily gain of 1.18%. Elsewhere, the Dow gained 0.87%, while the tech-heavy Nasdaq added 1.6%. Shares of the world's largest airline have depreciated by 8.21% over the cours...
2023-10-06 00:00:00+00:00
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Sabre (SABR), LATAM Partner to Integrate NDC Content Into GDC
Sabre Corporation SABR has entered into a new distribution agreement with the largest carrier in Latin America, LATAM Airlines Group. Per the latest agreement, LATAM’s New Distribution Capability (“NDC”) Content will be integrated into Sabre’s Global Distribution System (“GDS”), with a probable rollout planned for the ...
2023-10-05 00:00:00+00:00
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Amplats sees no immediate rebound in low platinum metals price
By Felix Njini JOHANNESBURG, Oct 5 (Reuters) - Anglo American Platinum's AMSJ.J CEO said he expected the low metal prices companies in South Africa are currently grappling with to persist, and he was aligning the business for the possibility that they would not rise for some time. Prices for platinum-group metals, whic...
2023-10-05 00:00:00+00:00
AAL
Why the Market Dipped But (AAL) Gained Today
In the latest market close, American Airlines (AAL) reached $12.85, with a +0.94% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.13%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq lost 0.12%. Prior to today's trading, shares of the world's...
2023-10-05 00:00:00+00:00
AAL
AAL November 24th Options Begin Trading
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the November 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new November 24th contracts and identified one put and one call contract of particular in...
2023-10-05 00:00:00+00:00
AAL
Stock Market News for Oct 5, 2023
Wall Street closed higher on Wednesday, driven by tech and discretionary stocks. Stocks rebounded on weaker-than-expected jobs numbers. All of the three major stock indexes ended in the green. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) advanced 0.4% or 127.17 points to close at 33,129.55. Tw...
2023-10-05 00:00:00+00:00
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US Senator wants United, American CEOs to answer questions on fees, complaints
By David Shepardson WASHINGTON, Oct 5 (Reuters) - The Senate's No. 2 Democrat asked the CEOs of United Airlines and American Airlines AAL.O to answer questions on rising passenger complaints and higher ticket prices and fees. Senator Dick Durbin said on Thursday he was taking a closer look at legislation proposed in Ja...