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2023-08-22 00:00:00+00:00
AAL
Citigroup Reiterates American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on August 22, 2023, Citigroup reiterated coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 27.06% Upside As of August 2, 2023, the average one-year price target for American Airlines Group is 19.26. The forecasts range from a low of 11.11...
2023-08-22 00:00:00+00:00
AAL
US FAA holding runway safety meetings after close call incidents
By David Shepardson WASHINGTON, Aug 22 (Reuters) - The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next few weeks after a series of troubling close-call aviation incidents. Earlier this month, the FAA and National Transportation Safety Board (NTSB) sa...
2023-08-22 00:00:00+00:00
AAL
American Airlines sees higher costs after new pilot contract
Adds background in paragraph 2, details in paragraph 4 Aug 22 (Reuters) - American Airlines AAL.O said on Tuesday that it was expecting to record higher costs in the current quarter following a new labor deal with its pilots. The company's pilots approved a new contract on Monday that includes more than $9.6 billion in...
2023-08-21 00:00:00+00:00
AAL
Is the Options Market Predicting a Spike in American Airlines (AAL) Stock?
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 Sep 15, 2023 $1 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the ...
2023-08-21 00:00:00+00:00
AAL
American Airlines Pilots Approve Enhanced Labor Deal Amid Industry Challenges
(RTTNews) - In a significant development for the aviation sector, American Airlines pilots have given their resounding approval for an improved labor agreement, marking the second major U.S. carrier to successfully secure a fresh contract with its top-earning workforce. With this decision, over 15,000 pilots within the...
2023-08-21 00:00:00+00:00
AAL
ANALYSIS-Shippers bet on green methanol to cut emissions, supply lags
By Jeslyn Lerh and Jacob Gronholt-Pedersen SINGAPORE/COPENHAGEN, Aug 21 (Reuters) - Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand and for costs to fall, industry executives said. The first green methano...
2023-08-21 00:00:00+00:00
AAL
American Airlines pilots approve new contract -union
Adds comments by union president and details of contract, paragraphs 3-7 CHICAGO, Aug 21 (Reuters) - American Airlines AAL.O pilots have approved a new four-year contract, which their union on Monday hailed as "unprecedented" in terms of gains secured in one agreement. The Allied Pilots Association (APA), which represe...
2023-08-21 00:00:00+00:00
AAL
Thungela profit tumbles on lower coal prices and rail woes
By Felix Njini NAIROBI, Aug 21 (Reuters) - Thungela Resources TGAJ.J, South Africa's largest shipper of coal burned in power stations, suffered a 69% drop in first-half profit, hit by lower prices and transportation problems, it said on Monday. The Johannesburg-based thermal coal producer spun off from Anglo American A...
2023-08-20 00:00:00+00:00
AAL
Validea's Top Industrial Stocks Based On David Dreman - 8/20/2023
The following are the top rated Industrial stocks according to Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals. AMERICAN AIRLINES GROUP INC (AAL) is a mid-c...
2023-08-18 00:00:00+00:00
AAL
Frontline (FRO) to Post Q2 Earnings: What's in the Offing?
Frontline Ltd. FRO is scheduled to release second-quarter 2023 earnings on Aug 24. The Zacks Consensus Estimate for earnings has been revised 13.9% upward to 90 cents per share over the past 60 days. Against this backdrop, let’s delve into the factors that might have impacted Frontline’s June-quarter performance. FRO’s...
2023-08-18 00:00:00+00:00
AAL
The Zacks Analyst Blog Highlights Southwest Airlines, Copa Holdings, Ryanair Holdings, Delta Air Lines and American Airlines
For Immediate Release Chicago, IL – August 18, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Southwest Airlines LUV, Cop...
2023-08-17 00:00:00+00:00
AAL
American Airlines Group (AAL) Shares Cross Below 200 DMA
In trading on Thursday, shares of American Airlines Group Inc (Symbol: AAL) crossed below their 200 day moving average of $15.13, changing hands as low as $15.03 per share. American Airlines Group Inc shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of AAL shares, v...
2023-08-17 00:00:00+00:00
AAL
Goldman Sachs Maintains American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on August 17, 2023, Goldman Sachs maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 24.76% Upside As of August 2, 2023, the average one-year price target for American Airlines Group is 19.26. The forecasts range from a low of 1...
2023-08-17 00:00:00+00:00
AAL
Stocks Lower as Bond Yields Rise
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.39%. Stocks this morning are lower, with the Nasdaq-100 falling to a 7-week low. Weekly jobless claims fell more than expected and ...
2023-08-17 00:00:00+00:00
AAL
Rising Bond Yields Pressure Stock Prices
The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.77%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.84%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. Stocks on Thursday closed moderately lower, with the S&P 500 posting a 7-week low, the Dow Jones Industrials falling to a 1-month low, ...
2023-08-17 00:00:00+00:00
AAL
Stocks Mixed on a Rebound in Chinese Stocks and Higher Bond Yields
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.34%. Stocks this morning are mixed, with the Nasdaq 100 falling to a 7-week low. U.S. stocks have some carryover support from a recover...
2023-08-17 00:00:00+00:00
AAL
Airline Stock Roundup: LUV's Tentative Labor Deal, CPA's Traffic Report & More
In the past week, Southwest Airlines LUV received encouraging news on the labor front when it reached a provisional agreement with the union that represents more than 17,000 of its ramp, operations, provisioning and cargo employees. Meanwhile, Copa Holdings’ CPA traffic report for July was impressive owing to the post-...
2023-08-17 00:00:00+00:00
AAL
De Beers to aid employees in evacuation amid wildfires in Canada's Northwest Territories
Aug 17 (Reuters) - Anglo American AAL.L unit De Beers Group said on Thursday it was assisting some employees at its Gahcho Kué diamond mine in Canada's Northwest Territories whose families were residing in the Yellowknife region and were asked to evacuate due to wildfires. Canadian officials ordered the evacuation of t...
2023-08-17 00:00:00+00:00
AAL
American Airlines Group Becomes 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....
2023-08-16 00:00:00+00:00
AAL
Delta, American Airlines to expand China flight schedule
Adds details on American Airlines increasing flights to China Aug 16 (Reuters) - Delta Air Lines DAL.N and American Airlines Group AAL.O will operate more flights to China soon, the two carriers said on Wednesday, as they look to capitalize on strong travel demand in the Asia-Pacific region. The Biden administration sa...
2023-08-16 00:00:00+00:00
AAL
Wheels Up flies for now, but private-jet rivals see opportunity
By Allison Lampert Aug 16 (Reuters) - Loss-making private jet firm Wheels Up Experience UP.N nabbed a key $500 million lifeline but still faces turnaround challenges, as demand for private travel softens in the wake of the COVID-19 pandemic and rival operators lure some of their customers. Wheels Up avoided a possible ...
2023-08-15 00:00:00+00:00
AAL
Tuesday's ETF with Unusual Volume: RSPN
The Invesco S&P 500— Equal Weight Industrials ETF is seeing unusually high volume in afternoon trading Tuesday, with over 260,000 shares traded versus three month average volume of about 42,000. Shares of RSPN were down about 1.1% on the day. Components of that ETF with the highest volume on Tuesday were American Airli...
2023-08-14 00:00:00+00:00
AAL
The 3 Most Undervalued Stocks Under $20 to Buy Now: August 2023
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Despite the looming threat of a recession over the past year, the recession hasn’t taken effect. Some experts are predicting that it will never arrive, including the Federal Reserve. On July 26th, the Federal Reserve stated that they are “no longer forecast...
2023-08-14 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...
2023-08-14 00:00:00+00:00
AAL
5 Airline Stocks to Buy on Buoyant Passenger & Cargo Demand
The airlines industry is seeing a steady recovery in domestic and international travel demand. A stronger-than-expected recovery in air-travel demand from the pandemic lows is a huge positive for the industry, which was one of the worst hits in the peak COVID-19 period. The removal of COVID-related restrictions is aidi...
2023-08-14 00:00:00+00:00
AAL
Airlines, hotels branch out with experiences to lure travelers
By Doyinsola Oladipo NEW YORK, Aug 14 (Reuters) - Casino operator MGM Resorts International MGM.N is finding Formula One's inaugural stop in Las Vegas is as much of a draw as its slot machines this year, and it is not the only company realizing that travelers are increasingly seeking out experiences beyond the traditio...
2023-08-11 00:00:00+00:00
AAL
5 Buy the Dip Prospects if Markets Keep Cooling
Broader markets lost some steam this week but the S&P 500 and Nasdaq are still up +18% and +30% in 2023 respectively. This week’s cool-down could start presenting better buying opportunities and keep valuations more reasonable. In that regard here are several top-rated stocks from a variety of sectors that are worthy o...
2023-08-11 00:00:00+00:00
AAL
AZUL's Q2 Earnings & Revenues Miss Expectations, Rise Y/Y
Azul AZUL incurred a loss (excluding $1.52 from non-recurring items) of 81 cents per share in the second quarter of 2023, wider than the Zacks Consensus Estimate of a loss of 70 cents. Loss per share was 94 cents in second-quarter 2022. Total revenues amounted to R$4,269.4 million ($862.7 million). The Zacks Consensus ...
2023-08-10 00:00:00+00:00
AAL
Antofagasta raises shareholder payouts after strong profit
Adds detail, CEO comment, background LONDON, Aug 10 (Reuters) - Mining company Antofagasta ANTO.L raised shareholder returns on Thursday after posting a 7.5% rise in half-year profit as higher copper sales more than offset lower prices for the metal used in electrification. The London-listed Chilean company bucked a tr...
2023-08-10 00:00:00+00:00
AAL
Are Transportation Stocks Lagging American Airlines (AAL) This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is American Airlines (AAL) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should h...
2023-08-10 00:00:00+00:00
AAL
Is American Airlines (AAL) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value inve...
2023-08-09 00:00:00+00:00
AAL
Should You Buy RTX Corp Stock At $85?
RTX Corp stock (NYSE: RTX), formerly known as Raytheon Technologies, has seen a 13% fall in a month, underperforming the broader S&P500 index, up 2%. Although the company reported an upbeat Q2, its recall of over 1,000 engines and associated costs has weighed on its stock. In the longer term, RTX stock is up 23% from l...
2023-08-08 00:00:00+00:00
AAL
Expeditors (EXPD) Stock Down on Q2 Earnings & Revenue Miss
Expeditors International of Washington’s EXPD second-quarter 2023 earnings of $1.30 per share fell short of the Zacks Consensus Estimate of $1.34. Moreover, the bottom line plunged 42.7% year over year. Total revenues of $2,239.8 million lagged the Zacks Consensus Estimate of 2,878.8 million and decreased 51.3% year ov...
2023-08-08 00:00:00+00:00
AAL
Archer Aviation’s Electric Rise: Is ACHR the Next Big Thing in vTOL Stocks?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Archer Aviation (NASDAQ:ACHR) stock got a boost this week. The company became the unquestioned leader in the electric vertical take-off and landing business this last week. That’s thanks to a $142 million contract from the U.S. Air Force. The contract is fo...
2023-08-08 00:00:00+00:00
AAL
Glencore stays on acquisition path as first-half earnings halve
Adds detail throughout, CEO quote in paragraph 4 LONDON, Aug 8 (Reuters) - Commodities and mining group Glencore GLEN.L on Tuesday said it remains on the hunt for acquisitions, including a possible partial or full takeover of Canada's Teck Resources, after reporting a halving in earnings in the first six months of the ...
2023-08-08 00:00:00+00:00
AAL
What Awaits ZIM Integrated Shipping (ZIM) in Q2 Earnings?
ZIM Integrated Shipping Services ZIM is slated to release second-quarter 2023 results on Aug 16, before market open. The Zacks Consensus Estimate is pegged at a loss of 88 cents per share, widened from a loss of 53 cents over the past 90 days. ZIM Integrated Shipping, which went public in February 2021, surpassed the Z...
2023-08-07 00:00:00+00:00
AAL
Airlines seek extension to minimum flight requirements cuts at New York-area airports
By David Shepardson WASHINGTON, Aug 7 (Reuters) - Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum flight requirements at congested New York City-area airports and a Washington airport, citing a lack of adequate air traffic control staffing. The FAA in March agreed to th...
2023-08-07 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...
2023-08-07 00:00:00+00:00
AAL
Airlines take aim at Italy's plans to bring down sky-high prices
Repeats to additional subscribers ROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules. Prime Minister Giorgia Meloni's cabinet was set to approve later on ...
2023-08-07 00:00:00+00:00
AAL
Markets Today: Stocks Push Higher on Earnings Optimism
Morning Markets September E-Mini S&P 500 futures (ESU23) this morning are up +0.28%, and Sep Nasdaq 100 E-Mini futures (NQU23) are up +0.41%. Stock indexes this morning are moderately higher on optimism that Q2 corporate earnings results will continue to outperform. M&A activity also boosted stocks after Campbell Soup...
2023-08-04 00:00:00+00:00
AAL
Airline Stock Roundup: ALGT & JBLU Beat on Q2 Earnings, SAVE & GOL Miss
In the past week, key players like JetBlue Airways JBLU, Allegiant Travel Company ALGT, Gol Linhas GOL and Spirit Airlines SAVE reported earnings for second-quarter 2023. Results were aided by upbeat air travel demand and lower fuel costs. Despite reporting better-than-expected earnings per share, JetBlue shares declin...
2023-08-04 00:00:00+00:00
AAL
EXCLUSIVE-Botswana plans extra diamond sales route after De Beers deal
By Felix Njini and Clara Denina NAIROBI/LONDON Aug 4 (Reuters) - Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with producer De Beers in July. The Okavango Diamond Company (ODC) cu...
2023-08-04 00:00:00+00:00
AAL
What's in the Cards for Air Canada (ACDVF) in Q2 Earnings?
Air Canada ACDVF is scheduled to report second-quarter 2023 results on Aug 11, before market open. The company has a disappointing earnings surprise history, having missed the Zacks Consensus Estimate in three of the preceding four quarters (beating once). The average miss is 241.51%. The Zacks Consensus Estimate for s...
2023-08-03 00:00:00+00:00
AAL
Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
Recasts throughout with results from Spirit, comments from Expedia, shares of other travel firms Aug 3 (Reuters) - U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines SAVE.N and Expedia EXPE.O that amplified concerns domestic demand may be easing after a strong...
2023-08-03 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For September 22nd
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the September 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new September 22nd contracts and identified one put and one call contract of particular ...
2023-08-03 00:00:00+00:00
AAL
Sluggish return of business travelers forces US airlines to rejig their networks
By Rajesh Kumar Singh CHICAGO, Aug 3 (Reuters) - U.S. airlines are enjoying strong leisure travel demand, but corporate travelers are still not back in full force, compelling airlines to restructure their networks to account for fewer people flying for business purposes. Before the pandemic hit in 2020, corporate trave...
2023-08-03 00:00:00+00:00
AAL
Is It Time to Buy the Nasdaq's 5 Worst-Performing July Stocks?
If you're a bargain-hunting growth investor, you might want to browse last month's Nasdaq-listed laggards. Although the Nasdaq Composite (NASDAQINDEX: ^IXIC) itself logged a 4.1% gain in July, a bunch of its individual listings didn't follow suit. A few of them -- even some of its most popular large caps -- suffered do...
2023-08-02 00:00:00+00:00
AAL
Why is JetBlue (JBLU) Stock Down Despite Q2 Earnings Beat?
JetBlue Airways’ JBLU second-quarter 2023 earnings (excluding 4 cents from non-recurring items) of 45 cents per share beat the Zacks Consensus Estimate of 40 cents. Results were aided by strong air-travel demand. In the year-ago quarter, JBLU incurred a loss of 47 cents per share. Despite the earnings beat, shares of ...
2023-08-02 00:00:00+00:00
AAL
Biden admin split over ethanol's role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas Aug 2 (Reuters) - The Biden administration is divided over whether to grant a request from the U.S. biofuel industry that would make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies under the White House's signature climat...
2023-08-02 00:00:00+00:00
AAL
Biden administration split over ethanol's role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas Aug 2 (Reuters) - The Biden administration is divided over whether to grant a request from the U.S. biofuel industry that would make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies under the White House's signature climat...
2023-08-02 00:00:00+00:00
AAL
American Airlines Group (AAL) Price Target Increased by 8.29% to 19.26
The average one-year price target for American Airlines Group (NASDAQ:AAL) has been revised to 19.26 / share. This is an increase of 8.29% from the prior estimate of 17.79 dated July 5, 2023. The price target is an average of many targets provided by analysts. The latest targets range from a low of 11.11 to a high of 2...
2023-08-01 00:00:00+00:00
AAL
US STOCKS-Wall St falls after mixed earnings, downbeat manufacturing data
By Johann M Cherian and Bansari Mayur Kamdar Aug 1 (Reuters) - Wall Street's main indexes fell on Tuesday as investors assessed mixed earnings from industry heavyweights and digested data that showed manufacturing activity slowed more than expected in July. Keeping a lid on Dow's losses .DJI, CaterpillarCAT.N advanced ...
2023-08-01 00:00:00+00:00
AAL
US STOCKS-S&P 500, Nasdaq end lower on first day of August in busy earnings week
By Echo Wang Aug 1 (Reuters) - The S&P 500 .SPX and Nasdaq .IXIC closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies' earnings reports later this week. U.S. stocks ended July on a strong footing, as investors welcomed better-than-expected earnings. Support also...
2023-08-01 00:00:00+00:00
AAL
S&P 500, Nasdaq start August lower ahead of busy earnings week
By Echo Wang Aug 1 (Reuters) - The S&P 500 .SPX fell on Tuesday, the first day of a historically weak month, as investors awaited U.S. jobs data and major companies' earnings reports later this week. "It (August) is just a very illiquid period," said Scott Ladner, chief investment officer of Horizon Investments. "It mi...
2023-08-01 00:00:00+00:00
AAL
JetBlue Airlines May Have Entered A Buy Zone, Check This First
Shares of JetBlue Airlines (NASDAQ: JBLU) are declining by as much as 8.5% during Tuesday's trading session; the significant move down is coming from the company's release of its second quarter 2023 earnings results. Markets may be overreacting by selling highly cyclical stocks, like JetBlue, as the United States manuf...
2023-08-01 00:00:00+00:00
AAL
US STOCKS-Wall St set to open lower ahead of manufacturing, jobs data
By Johann M Cherian and Bansari Mayur Kamdar Aug 1 (Reuters) - Wall Street was set to open lower on Tuesday ahead of economic data that could clear the air on a soft landing for the U.S. economy, while investors assessed mixed earnings from pharmaceutical heavyweights Merck and Pfizer. MerckMRK.N rose 1.5% in premarket...
2023-08-01 00:00:00+00:00
AAL
JetBlue cuts profit view as it ends codeshare deal with American Airlines
Aug 1 (Reuters) - JetBlue Airways Corp JBLU.O cut its full-year profit forecast on Tuesday, citing a hit from the termination of its revenue-sharing deal with American Airlines AAL.O that triggered an 8% fall in its shares in premarket trading. The New York-based carrier now expects full-year adjusted profit of between...
2023-08-01 00:00:00+00:00
AAL
Diamond sales at Botswana's Debswana slump 17% on weak demand
GABORONE, Aug 1 (Reuters) - The sale of rough diamonds at Botswana's Debswana Diamond Co fell 17% in the first six months of the year, data released by the central bank showed, amid a weak market underpinned by global macroeconomic uncertainty. Debswana, a joint venture of Botswana and Anglo American Plc's AAL.L unit D...
2023-08-01 00:00:00+00:00
AAL
Here's What To Expect From JetBlue's Q2
JetBlue Airways (NASDAQ: JBLU) will report its Q2 2023 results on Tuesday, Aug 1. We expect the company’s revenues to come in at $2.6 billion, aligning with the consensus estimate. This would mark year-over-year growth of about 7%. Earnings will likely come in at about $0.42 on a per-share and adjusted basis, slightly ...
2023-08-01 00:00:00+00:00
AAL
JetBlue cuts profit view after ending codeshare deal with American Airlines
By Kannaki Deka Aug 1 (Reuters) - JetBlue Airways Corp JBLU.O cut its full-year profit forecast on Tuesday, citing a hit from the termination of its revenue-sharing deal with American Airlines AAL.O and signs of slowing demand for domestic leisure travel. Shares of JetBlue fell 8% in premarket trading after the carrier...
2023-07-31 00:00:00+00:00
AAL
Validea Detailed Fundamental Analysis - AAL
Below is Validea's guru fundamental report for AMERICAN AIRLINES GROUP INC (AAL). Of the 22 guru strategies we follow, AAL rates highest using our Acquirer's Multiple Investor model based on the published strategy of Tobias Carlisle. This deep value model looks for inexpensive stocks that could be potential takeover ta...
2023-07-28 00:00:00+00:00
AAL
Is It Time To Start Buying Southwest Airlines' Post-Earnings Dip?
Shares of Southwest Airlines (NYSE: LUV) are traded lower by as much as 9.0% during Thursday's trading session, a reaction that seems an exaggeration following the company's second quarter 2023 earnings results. Southwest stock has been enjoying some newfound momentum and sentiment, especially after making it to the 'p...
2023-07-27 00:00:00+00:00
AAL
Stocks Give Up Early Gains as the 10-Year T-note Yield Jumps Above 4%
What you need to know… The S&P 500 Index ($SPX) (SPY) Thursday closed down -0.64%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.22%. Stocks on Thursday gave up early gains and settled moderately lower. Long liquidation emerged in stocks after 1...
2023-07-27 00:00:00+00:00
AAL
After a 13-Day Winning Streak, the Dow Jones Moves Lower
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.46%. Stocks have given back their morning gains and are trending lower this afternoon. If the Dow Jones Industrial Average closes ne...
2023-07-27 00:00:00+00:00
AAL
After a 13-Day Winning Streak, the Dow Jones Move Lower
What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.46%. Stocks have given back their morning gains and are trending lower this afternoon. If the Dow Jones Industrial Average closes ne...
2023-07-27 00:00:00+00:00
AAL
Company Updates and Marketing Lessons From the Grateful Dead
In this podcast, Motley Fool senior analyst Ron Gross, Chief Investment Officer Andy Cross, and host Dylan Lewis discuss: The reasons Netflix is doing away with its lowest-cost plan. What investors should make of the Johnson & Johnson/Kenvue split off. Why concerns over Tesla's tightening margins might be overblown. Tr...
2023-07-27 00:00:00+00:00
AAL
If You Can Only Buy One Growth Stock, It Better Be One of These 7 Names
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Markets continue to trend higher, with the Dow Jones Industrial Average now on the longest win streak in history. The Nasdaq index is up 35% on the year, with the S&P 500 up nearly 20% since Jan. The upsurge is being driven by a number of growth stocks, man...
2023-07-27 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For September 8th
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading today, for the September 8th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new September 8th contracts and identified one put and one call contract of particular inter...
2023-07-27 00:00:00+00:00
AAL
Stocks Rally as Economic News Shows a Resilient U.S. Economy
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.34%. Stocks this morning are moderately higher, with the S&P 500 climbing to a nearly 16-month high and the Nasdaq 100 posting a 1-week hi...
2023-07-27 00:00:00+00:00
AAL
Strong Data: Claims, Goods, GDP and Q2 Earnings
Don’t look now, but the Dow is looking to notch its 14th straight trading day higher — something that hasn’t happened since 1897, back in the nascent days of the index. And pre-market reports, both on Q2 earnings and economic segments, are helping push pre-market futures higher at this hour: the Dow is currently up +16...
2023-07-27 00:00:00+00:00
AAL
Markets Today: Stocks Soar on the Outlook for a Soft Landing
Morning Markets September E-Mini S&P 500 futures (ESU23) this morning are up +0.83% at a 16-month high, and Sep Nasdaq 100 E-Mini futures (NQU23) are up +1.47%. Stock indexes this morning are climbing on speculation the Federal Reserve may be close to ending its 16-month-long policy-tightening cycle. Also, technology ...
2023-07-27 00:00:00+00:00
AAL
Anglo American cuts dividend after missing earnings estimates
By Clara Denina LONDON, July 27 (Reuters) - Global miner Anglo American AAL.L cut payouts to shareholders on Thursday after lower commodity prices and higher costs hurt its first-half earnings. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $5.1 billion for the six months to Ju...
2023-07-27 00:00:00+00:00
AAL
SA's Amplats appoints finance director Miller as CEO
Adds detail July 27 (Reuters) - South Africa's Anglo American Platinum AMSJ.J on Thursday appointed finance director Craig Miller as CEO to replace Natascha Viljoen, effective from Oct. 1. Miller has been Amplats' finance director since 2019 and has over 23 years of mining industry experience gained in South Africa, Br...
2023-07-27 00:00:00+00:00
AAL
Anglo American misses H1 earning estimates, cuts dividend
LONDON, July 27 (Reuters) - Global miner Anglo American AAL.L cut payouts to shareholders on Thursday after lower commodity prices and higher costs hurt its first-half earnings. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $5.1 billion for the six months to June 30, down from...
2023-07-26 00:00:00+00:00
AAL
Judge rejects US bid to restrict American Airlines, JetBlue deals
By Nate Raymond and David Shepardson BOSTON/WASHINGTON, July 26 (Reuters) - A federal judge on Wednesday rejected the Justice Department's bid to restrict JetBlue Airways JBLU.O and American Airlines AAL.O from entering into any partnerships with other carriers akin to their now-scrapped Northeast Alliance. U.S. Judge ...
2023-07-26 00:00:00+00:00
AAL
5 Broker-Favored Stocks to Watch as Q2 Earnings Start Strong
Agreed that the Q2 earnings season is in its nascent stage with only a handful of companies having reported their financial numbers thus far but the start to the earnings season has been quite impressive. A high proportion of companies have reported better-than-expected earnings per share so far in Q2. An earnings beat...
2023-07-25 00:00:00+00:00
AAL
Unusual Put Option Trade in American Airlines Group (AAL) Worth $288.25K
On July 25, 2023 at 10:50:44 ET an unusually large $288.25K block of Put contracts in American Airlines Group (AAL) was sold, with a strike price of $18.00 / share, expiring in 24 day(s) (on August 18, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 2.72 sigmas above the mean, pla...
2023-07-25 00:00:00+00:00
AAL
Morgan Stanley Reiterates American Airlines Group (AAL) Equal-Weight Recommendation
Fintel reports that on July 25, 2023, Morgan Stanley reiterated coverage of American Airlines Group (NASDAQ:AAL) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 5.37% Upside As of July 6, 2023, the average one-year price target for American Airlines Group is 17.79. The forecasts range from a low of ...
2023-07-25 00:00:00+00:00
AAL
Stocks Close Higher on Big Tech Earnings Optimism
What you need to know… The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.73%. Stocks on Tuesday moved higher, with the S&P 500 posting a 15-1/2 month high and the Dow Jones Industrials posting a 17...
2023-07-25 00:00:00+00:00
AAL
Stock Gains Muted Ahead of Mega-Cap Tech Earnings and FOMC Results
What you need to know… The S&P 500 Index ($SPX) (SPY) today is up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.40%. Stocks this morning are moderately higher. Trading activity is muted today, ahead of a raft of mega-cap stock earnings results, with...
2023-07-25 00:00:00+00:00
AAL
Analysts Predict 10% Gains Ahead For The Holdings of FNX
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Mid Cap Core AlphaD...
2023-07-25 00:00:00+00:00
AAL
Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem
By Shivansh Tiwary July 25 (Reuters) - U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group ALK.N and a warning on jet engines by aerospace giant RTX RTX.N. Investors have been on the guard after U.S. inflation data in July showed a third consecutive monthly decl...
2023-07-25 00:00:00+00:00
AAL
Citigroup Maintains American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on July 24, 2023, Citigroup maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 5.37% Upside As of July 6, 2023, the average one-year price target for American Airlines Group is 17.79. The forecasts range from a low of 11.11 to a...
2023-07-25 00:00:00+00:00
AAL
Anglo American's Kumba Iron Ore profit falls on weaker prices
Adds details, dividend July 25 (Reuters) - South Africa's Kumba Iron Ore KIOJ.J reported a 17% decline in half-year profit on Tuesday due to softer iron ore prices and persistent rail logistics problems. Kumba, 70% owned by global mining giant Anglo American Plc AAL.L, said its headline earnings per share (HEPS) came i...
2023-07-25 00:00:00+00:00
AAL
Markets Today: Stocks Edge Higher as Earnings Season Ramps Up
Morning Markets September E-Mini S&P 500 futures (ESU23) this morning are up +0.04%, and Sep Nasdaq 100 E-Mini futures (NQU23) are up +0.29%. Stock indexes this morning are slightly higher ahead of a raft of mega-cap stock earnings results, with Microsoft and Alphabet due to report their first earnings since the AI cra...
2023-07-24 00:00:00+00:00
AAL
FedEx pilots reject tentative deal, supervised talks likely
Adds FedEx comment, details on other pilot contracts, share price, PIX July 24 (Reuters) - FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said o...
2023-07-24 00:00:00+00:00
AAL
Oshkosh and EagleBank have been highlighted as Zacks Bull and Bear of the Day
For Immediate Release Chicago, IL – July 24, 2023 – Zacks Equity Research shares Oshkosh OSK as the Bull of the Day and Eagle Bancorp EGBN as the Bear of the Day. In addition, Zacks Equity Research provides analysis on United Airlines UAL, Delta Air Lines DAL and American Airlines AAL. Here is a synopsis of all five st...
2023-07-24 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 Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and d...
2023-07-24 00:00:00+00:00
AAL
Amplats H1 profit falls sharply, new CEO announcement 'imminent'
Adds CEO comment on successor's appointment in paras 3-4 July 24 (Reuters) - South Africa's Anglo American Platinum AMSJ.J on Monday posted a 71% decline in half-year profit due to weaker platinum group metal (PGM) prices and lower production. Amplats' headline earnings per share (HEPS) - the main measure of corporate ...
2023-07-24 00:00:00+00:00
AAL
S.Africa's Amplats posts 71% fall in half-year profit
July 24 (Reuters) - South Africa's Anglo American Platinum AMSJ.J on Monday posted a 71% decline in half-year profit due to weaker platinum group metal (PGM) prices and lower production. Amplats' headline earnings per share (HEPS) - the main measure of corporate profit in South Africa - fell to 29.84 rand ($1.66) in th...
2023-07-23 00:00:00+00:00
AAL
United Airlines Stock Is a High-Risk, High-Reward Buy
InvestorPlace - Stock Market News, Stock Advice & Trading Tips United Airlines (NYSE:UAL) stock had a muted reaction to record earnings this week. The company earned $881 million, $2.66 per share, under GAAP, on revenue of $25.6 billion for the three months ending in June. This compared with a loss of $1.05 billion, $3...
2023-07-21 00:00:00+00:00
AAL
Susquehanna Maintains American Airlines Group (AAL) Neutral Recommendation
Fintel reports that on July 21, 2023, Susquehanna maintained coverage of American Airlines Group (NASDAQ:AAL) with a Neutral recommendation. Analyst Price Forecast Suggests 2.11% Upside As of July 6, 2023, the average one-year price target for American Airlines Group is 17.79. The forecasts range from a low of 11.11 to...
2023-07-21 00:00:00+00:00
AAL
FOCUS-Shifting trends in travel demand bedevil US airlines
By Rajesh Kumar Singh CHICAGO, July 21 (Reuters) - Consumers continue to splurge on air tickets. But travel patterns are shifting so often, partly due to work-life changes wrought by the pandemic, that airlines must constantly adapt on booking plane seats and remain cautious in forecasting demand and revenue. That situ...
2023-07-21 00:00:00+00:00
AAL
What to Make of Airlines Earnings So Far
Results from some of the leading airline companies are in, and we can identify some broad trends therein. Trend number one is international travel has come roaring back. And it isn’t just the Pacific region, though that is benefiting from China and Japan opening up, as well as alliances with local operators. Although E...
2023-07-21 00:00:00+00:00
AAL
Airline Stock Roundup: AAL & UAL's Q2 Earnings Beat, ALGT's June Traffic & More
In the past week, sector heavyweights like American Airlines AAL and United Airlines UAL reported earnings for second-quarter 2023. Results were aided by upbeat air travel demand and declining fuel costs. Driven by the upbeat air-travel demand scenario, both UAL and AAL lifted their respective earnings per share views ...
2023-07-20 00:00:00+00:00
AAL
Q2 Beats for J&J, American; Jobless Claims, Philly Fed Lower
Today being Thursday, we see new Initial Jobless Claims for last week hitting the tape. These numbers continue to surprise to the downside, putting up 228K new claims; a range of 230-240K were expected by analysts. Today’s headline is the lowest tally since cycle lows in mid-May of 225K. Up until the middle of last mon...
2023-07-20 00:00:00+00:00
AAL
Notable Thursday Option Activity: PPG, AAL, ULTA
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PPG Industries Inc (Symbol: PPG), where a total volume of 12,289 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that...
2023-07-20 00:00:00+00:00
AAL
American Airlines Beats Earnings, Thinking Of Buying?
Airline giant American Airlines Group (NASDAQ: AAL) reported second-quarter 2023 earnings results. The stock is trading down 6% in early trading as investors digest the report, perhaps providing an opportunity for patient value investors to buy in. Investing in momentum is one thing; investing before the momentum even...
2023-07-20 00:00:00+00:00
AAL
Aviation bill upping pilot retirement age to 67 passed by US House
By David Shepardson WASHINGTON, July 20 (Reuters) - The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, with the Senate now set to consider its own measure. The vote in the Republican-led Ho...
2023-07-20 00:00:00+00:00
AAL
Compared to Estimates, American Airlines (AAL) Q2 Earnings: A Look at Key Metrics
American Airlines (AAL) reported $14.06 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 4.7%. EPS of $1.92 for the same period compares to $0.76 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $13.74 billion, representing a surprise of +2.32%. T...