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2022-02-23 00:00:00+00:00
AAL
3 Ultra-Popular Stocks That Can Plummet Up to 65%, According to Wall Street
Wall Street and investors have been given a not-so-subtle reminder since the beginning of the year that stock market corrections, and even crashes, are a normal part of the investing cycle. Both the benchmark S&P 500 and growth-dependent Nasdaq Composite are enduring their steepest pullbacks since the coronavirus crash...
2022-02-22 00:00:00+00:00
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South Africa's Kumba Iron Ore full-year profit up 46%
Adds details HARARE, Feb 22 (Reuters) - South Africa's Kumba Iron Ore KIOJ.J on Tuesday reported a 46% jump in full-year profit, boosted by higher iron ore prices and cost cutting measures implemented by the company. Its headline earnings per share (HEPS) - the main profit measure for South African companies - was 103....
2022-02-22 00:00:00+00:00
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AngloGold's full-year profit falls 39% on lower grades, higher cost
JOHANNESBURG, Feb 22 (Reuters) - Miner AngloGold Ashanti ANGJ.J, which has its headquarters in South Africa, reported on Tuesday a fall of 38.66% in 2021 full-year profit, as lower gold grades and inflationary pressure hit earnings. The gold miner's headline earnings per share (HEPS), the main profit measure in South A...
2022-02-21 00:00:00+00:00
AAL
American Airlines (AAL) Cuts Summer Flights on Boeing's Delays
American Airlines AAL will reduce international flying this summer as delivery delays of the Boeing 787-8 aircraft weigh on its operations. The airline is delaying the launch of one service, temporarily suspending some flights and reducing flight frequency on one route. Boeing BA was supposed to deliver 13 787 Dreamli...
2022-02-21 00:00:00+00:00
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De Beers CEO sees stable natural diamond supply, decent industry growth
By Lisa Barrington DUBAI, Feb 21 (Reuters) - Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, adding that the industry should see decent medium- to long-term growth. De Beers Group, Anglo American's AAL.L diamond business, is one...
2022-02-21 00:00:00+00:00
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South Africa's Amplats posts 160% rise in full year profit
Adds details, HARARE, Feb 21 (Reuters) - South Africa's Anglo American Platinum Ltd AMSJ.J (Amplats) on Monday reported an 160% jump in full-year profit, driven by firmer metal prices and higher sales volumes. Its headline earnings per share (HEPS) - the main measure of corporate profit in South Africa - rose to 300.42...
2022-02-18 00:00:00+00:00
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American Airlines plans more schedule cuts as it waits for 787 jet deliveries
By Rajesh Kumar Singh CHICAGO, Feb 18 (Reuters) - American Airlines Group Inc AAL.Osaid on Friday it plans to further trim its summer schedule due to Boeing Co's BA.N delay in delivering 787 Dreamliner jets. In a regulatory filing, the Texas-based carrier said it now expects to receive only 10 Dreamliner planes this ye...
2022-02-17 00:00:00+00:00
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Is WisdomTree International Hedged Quality Dividend Growth ETF (IHDG) a Strong ETF Right Now?
Launched on 05/07/2014, the WisdomTree International Hedged Quality Dividend Growth ETF (IHDG) is a smart beta exchange traded fund offering broad exposure to the Broad Developed World ETFs category of the market. What Are Smart Beta ETFs? Products that are based on market cap weighted indexes, which are strategies des...
2022-02-17 00:00:00+00:00
AAL
Fuel Prices To Weigh On United Airlines Stock In The Near Term
The shares of United Airlines (NASDAQ: UAL) observed a strong rally in recent weeks assisted by pent-up travel demand and declining coronavirus infections. However, the benchmark oil prices have surged by 26% from $75/bbl in early January to $95/bbl at present – weighing on the bottom line of all transportation compani...
2022-02-15 00:00:00+00:00
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American Airlines places order for three new Embraer aircraft
SAO PAULO, Feb 15 (Reuters) - Brazilian planemaker Embraer SA EMBR3.SA said on Tuesday that American Airlines AAL.O has placed a firm order for three new E175 aircraft, which will be operated by its Envoy Air subsidiary. According to Embraer, the deal was valued at $160.2 million and will be included in the company's 2...
2022-02-15 00:00:00+00:00
AAL
Why Airline Shares Are Flying High Today
What happened On Tuesday, a Wall Street analyst voiced a bullish opinion on the airline sector, saying that the group is making the transition from "COVID losers to reopening winners." The airlines are gaining altitude, as a result, with a collection of carriers including American Airlines Group (NASDAQ: AAL), United A...
2022-02-15 00:00:00+00:00
AAL
Glencore sets aside $1.5 bln for probes, announces $4 bln dividend
By Clara Denina and Helen Reid LONDON, Feb 15 (Reuters) - Glencore GLEN.L will set aside $1.5 billion for probes into bribery and market manipulation, which it expects to resolve in 2022, it said on Tuesday, as it announced record earnings from booming raw materials prices. It also promised a $4 billion payout to its i...
2022-02-15 00:00:00+00:00
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Alaska Airlines Stock Supported By Strong Fundamentals
The shares of Alaska Air Group (NYSE: ALK) observed another round of sell-off after WHO declared the Omicron mutation as a variant of concern and investors became wary of a decline in air travel demand. However, the passenger numbers at TSA checkpoints regained strength as infection numbers quickly ticked down earlier ...
2022-02-14 00:00:00+00:00
AAL
U.S. airlines see 2021 traffic jump, but below pre-pandemic levels
By David Shepardson WASHINGTON, Feb 14 (Reuters) - U.S. passenger airlines carried 670.4 million passengers in 2021, up 83% over 2020 levels but still down significantly from pre-coronaviruspandemic levels, the Transportation Department said on Monday. The department in preliminary data said airlines carried 303.6 mill...
2022-02-14 00:00:00+00:00
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Activist Bluebell Capital charts plan for Glencore coal spin-off
Feb 14 (Reuters) - Activist investor Bluebell Capital Partners has proposed a new structure for Glencore GLEN.L that would allow the miner to separate its thermal coal business and still maintain control of the spin-off, a letter showed on Monday. In November, Bluebell asked Glencore to separate the unit to allow more ...
2022-02-14 00:00:00+00:00
AAL
Should You Invest in the U.S. Global Jets ETF (JETS)?
Launched on 04/30/2015, the U.S. Global Jets ETF (JETS) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among instit...
2022-02-14 00:00:00+00:00
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US STOCKS-Futures slide on fears of potential Russian attack on Ukraine
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.79%, S&P 0.90%, Nasdaq 1.06% Feb 14 (Reuters) - U.S. stock index futures fell nearly 1% on Monday, pointing to a fresh round of declines on Wall Street with investors rattled by warnings that ...
2022-02-13 00:00:00+00:00
AAL
Unruly passenger incident forces American Airlines flight to divert to Kansas City
Feb 13 (Reuters) - An American Airlines flight headed to Washington on Sunday was diverted to Kansas City after crew members and passengers subdued an unruly passenger, the airline said. Flight 1775 from Los Angeles to Washington, D.C. landed in Kansas City International Airport at about 2:30 p.m. local time where it w...
2022-02-11 00:00:00+00:00
AAL
Friday Sector Laggards: Technology & Communications, Industrial
In afternoon trading on Friday, Technology & Communications stocks are the worst performing sector, showing a 2.6% loss. Within that group, Xilinx, Inc. (Symbol: XLNX) and Advanced Micro Devices Inc (Symbol: AMD) are two of the day's laggards, showing a loss of 8.7% and 8.7%, respectively. Among technology ETFs, one ET...
2022-02-11 00:00:00+00:00
AAL
Why Airline Stocks Gained Altitude This Week
What happened The nation's smaller, discount airlines made most of the news this week, but the industry giants went along for the ride. Shares of Delta Air Lines (NYSE: DAL), United Airlines Holdings (NASDAQ: UAL), and American Airlines Group (NASDAQ: AAL) all traded up more than 11% for the week as of Friday morning, ...
2022-02-10 00:00:00+00:00
AAL
Investors in American Airlines Group (NASDAQ:AAL) from five years ago are still down 59%, even after 11% gain this past week
This week we saw the American Airlines Group Inc. (NASDAQ:AAL) share price climb by 11%. But don't envy holders -- looking back over 5 years the returns have been really bad. The share price has failed to impress anyone , down a sizable 61% during that time. Some might say the recent bounce is to be expected after such...
2022-02-08 00:00:00+00:00
AAL
Boeing deliveries remain low as 787 problems weigh
Adds details on Airbus deliveries Feb 8 (Reuters) - Boeing Co BA.N said on Tuesday it delivered 32 aircraft in January as its sidelined 787 Dreamliner program continued to weigh on the planemaker's ability to capitalize on a recovery in air travel. The company handed over 27 737 MAX jets in January and three widebody a...
2022-02-08 00:00:00+00:00
AAL
Indigo's Franke bets on winning cost formula for Frontier-Spirit airline
By Chibuike Oguh and Tim Hepher Feb 8 (Reuters) - Veteran budget airline investor Bill Franke has pledged to avoid what he once called the "path to hell" after masterminding a $2.9 billion merger of discount airlines - letting dealmaking get the better of tight cost controls that support low fares. The 84-year-old entr...
2022-02-08 00:00:00+00:00
AAL
Boeing deliveries slip to three-month low as Dreamliner problems weigh
Feb 8 (Reuters) - Boeing Co BA.N said on Tuesday it delivered 32 aircraft in January, the lowest in three months, as its sidelined 787 Dreamliner program continued to weigh on the planemaker's ability to capitalize on a recovery in air travel. The company handed over 27 737 MAX jets in January and three widebody aircra...
2022-02-08 00:00:00+00:00
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Frontier, Spirit tie-up will face close U.S. review - lawyers
By David Shepardson WASHINGTON, Feb 7 (Reuters) - A bid by budget carriers Frontier Group Holdings ULCC.O and Spirit Airlines Inc SAVE.N to create the fifth-largest U.S. airline will face close scrutiny from the Justice Department, lawyers said Monday. The Biden administration has made injecting more competition into U...
2022-02-08 00:00:00+00:00
AAL
Spirit Airlines (SAVE) Inks Merger Deal With Frontier Airlines
Shares of Spirit Airlines SAVE surged 17.2% at the close of business on Feb 7 as news of its merger with Frontier Group Holdings ULCC, the parent company of Frontier Airlines, hit headlines. The $2.9-billion ($6.6 billion when the assumption of net debt and operating lease liabilities are considered) deal vows to enhan...
2022-02-08 00:00:00+00:00
AAL
Is JetBlue Airways Stock Poised For Strong Gains?
The shares of JetBlue Airways (NASDAQ: JBLU) are trading 30% below pre-Covid levels despite relatively high passenger numbers at TSA checkpoints, largely due to the uncertain macroeconomic environment from high crude oil prices. However, investors have been optimistic on Allegiant Travel Company (NASDAQ: ALGT), an air ...
2022-02-07 00:00:00+00:00
AAL
Why the Frontier-Spirit Deal Lifted the Whole Airline Industry Monday
The stock market opened the new week on a positive note, with investors seeing some continued volatility but ending up pleased with the market's advance by mid-afternoon. As of 3 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 180 points to 35,269. The S&P 500 (SNPINDEX: ^GSPC) climbed 12 points to 4...
2022-02-07 00:00:00+00:00
AAL
Why JetBlue Shares Are Up Today
What happened On Monday, two U.S. discount airlines announced plans to merge. Shares of JetBlue Airways (NASDAQ: JBLU) surged by more than 5% in early trading on speculation that perhaps it could be the next acquisition target. As of 11:04 a.m. ET, the shares were up by 4.2%. So what Airlines were hard hit by the pande...
2022-02-07 00:00:00+00:00
AAL
S&P 500, Nasdaq rise after turbulent week; Peloton surges
By Bansari Mayur Kamdar Feb 7 (Reuters) - The S&P 500 and the Nasdaq rose on Monday after a week of choppy trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon. Five of the 11 major S&P sectors advanced, wit...
2022-02-07 00:00:00+00:00
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Wall St set for higher open after a turbulent week
By Bansari Mayur Kamdar Feb 7 (Reuters) - U.S. stock index futures edged higher on Monday after a week of volatile trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon. The tech-heavy Nasdaq .IXIC had a vola...
2022-02-07 00:00:00+00:00
AAL
GOL Announces Equity Investment Of $200 Mln In Preferred Shares By American Airlines
(RTTNews) - GOL Linhas Aéreas Inteligentes S.A. (GOL) has entered an investment agreement with American Airlines, Inc. for expansion of its commercial cooperation with American and an equity investment in the amount of $200 million by American in 22.2 million newly issued preferred shares of GOL through a capital incre...
2022-02-07 00:00:00+00:00
AAL
COLUMN-Rio's dreadful workplace report may boost cost of energy transition: Russell
By Clyde Russell LAUNCESTON, Australia, Feb 7 (Reuters) - Rio Tinto's decision to go public with a self-damning report into its workplace culture should be a watershed moment for a wider mining industry aiming to be seen as the "good guys", helping to drive the world's energy transition. It was no doubt a courageous de...
2022-02-07 00:00:00+00:00
AAL
Gol says deal with American Airlines formalized
SAO PAULO, Feb 7 (Reuters) - Brazilian airline Gol GOLL4.SA said on Monday a deal earlier announced with American Airlines AAL.O has been formalized, according to a securities filing. In September, Gol announced an exclusive three-year codeshare agreement with American Airlines, which is going to invest $200 million in...
2022-02-07 00:00:00+00:00
AAL
Miners drive rebound in European stocks
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Feb 7 (Reuters) - European shares rebounded on Monday after five straight weeks of falls, as gains in mining stocks and positive earnings reports outweighed worries of a looming policy tightening cycle and geopoli...
2022-02-04 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For March 25th
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading this week, for the March 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new March 25th contracts and identified one put and one call contract of particular interes...
2022-02-03 00:00:00+00:00
AAL
PREVIEW-Big miners plug into battery metals joint ventures
By Clara Denina and Zandi Shabalala LONDON, Feb 3 (Reuters) - Big miners, under pressure to increase their exposure to minerals needed to drive the electric vehicle revolution, have so far opted for the cautious approach of joint ventures with small explorers rather than buying them outright. Shareholders will scrutini...
2022-02-02 00:00:00+00:00
AAL
U.S. FAA sees 'minimal disruptions' to air travel from 5G amid safety concerns
By David Shepardson WASHINGTON, Feb 2 (Reuters) - The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed "safely with minimal disruptions," the head of the FAA will tell U.S. lawmakers on Thursday, according to testimony seen by Reuters. FAA Adm...
2022-02-02 00:00:00+00:00
AAL
Airlines urge White House to end COVID international travel testing rules
By David Shepardson WASHINGTON, Feb 2 (Reuters) - Major airlines, business and travel groups urged the White House on Wednesday to end COVID-19 pre-departure testing requirements for vaccinated international passengers traveling to the United States. Airlines for America, the U.S. Chamber of Commerce, International Air...
2022-02-02 00:00:00+00:00
AAL
Allegiant Travel says 'worst' of the pandemic over as results beat target
Feb 2 (Reuters) - Low-cost airline Allegiant Travel Co ALGT.O sailed past estimates for fourth-quarter revenue and profit on Wednesday, and said bookings for leisure travel had started to see a recovery heading into the summer. Companies in the sector are growing more confident that travel will return despite on-and-of...
2022-02-02 00:00:00+00:00
AAL
Codelco, Collahuasi copper mine production up in December - Chile's Cochilco
SANTIAGO, Feb 2 (Reuters) - Chilean state-owned Codelco's copper production rose 4.3% year-on-year in December to 164,600 tons and the Collahuasi copper mine - a joint venture by Glencore GLEN.N and Anglo American AAL.L - saw output increase 12.9% to 49,900 tons, the Chilean Copper Commission (Cochilco) reported on Wed...
2022-02-02 00:00:00+00:00
AAL
American Airlines to buy more 737 MAX jets, defers Dreamliner delivery
Adds details, background Feb 2 (Reuters) - American Airlines Group Inc AAL.O said on Wednesday it has agreed to buy an additional 23 737 MAX 8 aircraft from Boeing Co BA.N by exercising existing purchase options and deferring the delivery of some 787-9 Dreamliner aircraft. The airline's move to boost its 737 MAX fleet ...
2022-02-01 00:00:00+00:00
AAL
U.S. airline group warns 5G interference issues could linger for years
By David Shepardson WASHINGTON, Feb 1 (Reuters) - It will likely take "years" to permanently address airplane interference issues caused by the deployment of 5G wireless in the C-band, a group representing major U.S. passenger and cargo carriers will tell U.S. lawmakers on Thursday. Nick Calio, who heads Airlines for A...
2022-02-01 00:00:00+00:00
AAL
Chile assembly debates nationalizing copper; industry calls idea ‘barbaric’
SANTIAGO, Feb 1 (Reuters) - Chile's constituent assembly approved on Tuesday an early stage proposal that could lead to the nationalization of the country's copper industry, sparking an angry response from mining firms in the world’s top producer of the red metal. The environmental commission of the assembly, which is ...
2022-02-01 00:00:00+00:00
AAL
7 Stocks to Watch in This Current Earnings Season
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The earnings season has picked up momentum, with many stocks reporting over the next few weeks. Analysts predict to see robust earnings growth in old economy stocks that include cyclical sectors, energy, materials, industrials, and consumer discretionary na...
2022-01-31 00:00:00+00:00
AAL
Botswana's Debswana annual diamond sales jump 64%
GABORONE, Jan 31 (Reuters) - Sales of rough diamonds by Debswana Diamond Company jumped 64% in 2021, statistics released by the Bank of Botswana showed on Monday, driven by the reopening of key global consumer markets. The total value of Debswana's diamond exports stood at $3.466 billion in 2021 compared with $2.120 bi...
2022-01-31 00:00:00+00:00
AAL
S.Africa's Amplats to sell stake in two mines to rival Sibanye
Adds details Jan 31 (Reuters) - Anglo American Platinum (Amplats) AMSJ.J will sell a 50% interest in its Kroondal and Marikana operations in Rustenburg to the north-west of Johannesburg to Sibanye Stillwater SSWJ.J, the platinum group metals miners (PGM) said on Monday. Sibanye Stillwater would acquire the projects for...
2022-01-29 00:00:00+00:00
AAL
A Deep Dive Into the Video Game Industry
Peloton's (NASDAQ: PTON) stock fell 25% on reports of halted production and potential layoffs. United (NASDAQ: UAL) and American Airlines (NASDAQ: AAL) express optimism about increased travel in the spring and summer. And for the second quarter in a row, Procter & Gamble (NYSE: PG) flexes its pricing power muscles. Mot...
2022-01-28 00:00:00+00:00
AAL
Aeromexico reorganization plan confirmed after creditor deal
By Maria Chutchian NEW YORK, Jan 28 (Reuters) - Aeromexico AEROMEX.MX on Friday won court approval of its restructuring plan after the airline struck a deal with the remaining holdouts among its creditors, clearing the way for it to emerge from bankruptcy with new controlling shareholders. "I could not be more pleased ...
2022-01-28 00:00:00+00:00
AAL
Airlines cancel flights ahead of Nor'easter storm
CHICAGO, Jan 28 (Reuters) - U.S. carriers on Friday canceled hundreds of flights and warned of operational disruptions this weekend because of a winter storm that is forecast to bring high winds and heavy snow across the Northeast and Mid-Atlantic regions. The National Weather Service said in an advisory that the Nor'e...
2022-01-27 00:00:00+00:00
AAL
AAL March 11th Options Begin Trading
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading today, for the March 11th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new March 11th contracts and identified one put and one call contract of particular interest. T...
2022-01-27 00:00:00+00:00
AAL
Airline Stock Roundup: AAL, HA Post Q4 Loss, SAVE, GOL in Focus
In the past week,American Airlines AAL and Hawaiian Holdings HA reported losses for fourth-quarter 2021. The same, however, narrowed year over year as the December-quarter results were better than the fourth-quarter 2020 earnings reports, despite the omicron-induced crisis. On the non-earnings front, Gol Linhas Aereas ...
2022-01-27 00:00:00+00:00
AAL
Airline Stocks: What Has LUV, JBLU, UAL and AAL Heading Higher Today
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airline stocks are taking off on Thursday with recent news behind today’s rise in price for the shares! Source: m.photo / Shutterstock.com Earnings reports are the major news pushing airline stocks higher today. Several major players in the space released r...
2022-01-27 00:00:00+00:00
AAL
Chilean Senate commission approves adjusted mining royalty bill
By Fabian Cambero SANTIAGO, Jan 27 (Reuters) - Chile's Senate on Thursday pushed forward an amended version of the country's mining royalty bill, which would raise tariffs on firms operating in the world's top copper producing nation despite being watered down amid industry pushback. The upper chamber's Mining Commissi...
2022-01-27 00:00:00+00:00
AAL
METALS-Dollar drags copper lower after hawkish U.S. Fed
Updates throughout, adds dateline LONDON, Jan 27 (Reuters) - Copper prices eased on Thursday as the U.S. Federal Reserve indicated it could tighten monetary policy quicker and faster than previously expected, boosting the dollar. In a news conference following a Federal Open Market Committee meeting, Fed chief Jerome P...
2022-01-27 00:00:00+00:00
AAL
Anglo American posts flat Q4 overall output, sees higher copper in 2022
Updates, adds forecasts LONDON, Jan 27 (Reuters) - Global miner Anglo American AAL.L said on Thursday its overall production for the fourth quarter was flat as a strong diamonds performance countered a 4% fall in copper, for which it expects higher output this year. After producing 647,200 tonnes of copper in 2021, in ...
2022-01-27 00:00:00+00:00
AAL
Anglo American Q4 production flat on rise in diamond output
Jan 27 (Reuters) - Global miner Anglo American AAL.L said on Thursday its fourth-quarter overall production was broadly flat, helped by higher rough diamond production at De Beers that countered a 4% drop in copper output for the three months ended Dec. 31. (Reporting by Clara Denina in London and Shanima A in Bengalur...
2022-01-24 00:00:00+00:00
AAL
Noteworthy Monday Option Activity: AAL, VIAC, AXP
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in American Airlines Group Inc (Symbol: AAL), where a total volume of 163,041 contracts has been traded thus far today, a contract volume which is representative of approximately 16.3 million underlying shares ...
2022-01-24 00:00:00+00:00
AAL
5 Top Aerospace Stocks to Buy for the Long Haul
A full recovery in commercial aviation will take time, but it's a question of when, not if. So if you want to play a multiyear recovery in the sector, then stocks like aerospace and defense company Textron (NYSE: TXT), pilot training and simulator company CAE (NYSE: CAE), aerospace and defense giant Raytheon Technologi...
2022-01-22 00:00:00+00:00
AAL
American Airlines' Earnings Beat Is No Cause for Optimism
Earlier this month, American Airlines (NASDAQ: AAL) raised its fourth-quarter guidance. On Thursday, the airline giant posted results roughly in line with its updated forecast and slightly ahead of analysts' estimates. However, American Airlines continues to report extremely poor results by objective standards. That tr...
2022-01-21 00:00:00+00:00
AAL
Biden administration suspending 44 U.S flights by Chinese carriers
By David Shepardson WASHINGTON, Jan 21 (Reuters) - The U.S. Transportation Department said Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 concerns. The Biden administration...
2022-01-21 00:00:00+00:00
AAL
Biden administration suspending 44 Chinese carrier U.S flights
WASHINGTON, Jan 21 (Reuters) - The U.S. Transportation Department said Friday it would suspend 44 China-bound flights from the United States by Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 concerns. The Biden administration action comes after Chine...
2022-01-21 00:00:00+00:00
AAL
Alrosa sales revenue up 49% as diamond demand outstrips supply
Adds detail, quotes, context MOSCOW, Jan 21 (Reuters) - Russian diamond producer Alrosa's ALRS.MM sales revenue jumped by 49% to $4.2 billion last year as demand exceeded supply and helped the company to recover from the hit it took at the start of the COVID-19 pandemic, it said on Friday. Alrosa, the world's largest p...
2022-01-20 00:00:00+00:00
AAL
Why Vertical Aerospace Stock Lifted Off Today
What happened Shares of Vertical Aerospace (NYSE: EVTL) took flight on Thursday, gaining up to 38% on strong volume. There was no news to explain the jump, but the stock appeared to get caught in an updraft on a strong market day in which investors poured money back into riskier investments. Image source: Getty Images....
2022-01-20 00:00:00+00:00
AAL
Stock Market Today: Foiled Again! Sizable Snap-Back Fizzles Late
Stocks suffered another failure to launch on Thursday as a brisk morning run in the major indexes crumbled in the afternoon, resulting in another disappointing finish in the red, and a deeper turn into correction territory for the Nasdaq Composite. Initial claims for unemployment benefits were in focus today. Filings f...
2022-01-20 00:00:00+00:00
AAL
Consumer Sector Update for 01/20/2022: LAZR, CVNA, CRSR, AAL
Consumer stocks were narrowly higher late in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) adding 0.1% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 0.2%. In company news, Luminar Technologies (LAZR) was 16% higher after the vehicle sensors and software company announced ...
2022-01-20 00:00:00+00:00
AAL
Airline Stock Roundup: 5G Rollout Scare, UAL & DAL's Q4 Earnings Grab Headlines
In the past week, U.S. airlines, including Delta Air Lines DAL and American Airlines AAL, raised safety-related concerns over the expected deployment of 5G wireless service near many U.S. airports. On the earnings front, Delta kicked off the fourth-quarter 2021 earnings season for the airline stocks on a bright note. D...
2022-01-20 00:00:00+00:00
AAL
American Airlines Group (AAL) Q4 2021 Earnings Call Transcript
Image source: The Motley Fool. American Airlines Group (NASDAQ: AAL) Q4 2021 Earnings Call Jan 20, 2022, 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the American Airlines Group fourth quarter 2021earnings conference call Today'...
2022-01-20 00:00:00+00:00
AAL
U.S. FAA approves 78% of planes for low-visibility landings near 5G airports
By David Shepardson WASHINGTON, Jan 20 (Reuters) - The U.S. Federal Aviation Administration on Thursday issued new approvals for additional altimeters that allow about 78% of the U.S. commercial air fleet to perform low-visibility landings at airports where 5G C-band wireless is deployed. Some flights were being affect...
2022-01-20 00:00:00+00:00
AAL
American Airlines (AAL) Posts Narrower-Than-Expected Q4 Loss
American Airlines’ AAL fourth-quarter 2021 loss (excluding 2 cents from non-recurring items) of $1.42 cents per share compared favorably with the Zacks Consensus Estimate of a loss of $1.51. Quarterly loss per share was also narrower than the year-ago loss of $3.86. American Airlines Group Inc. Price and EPS Surprise A...
2022-01-20 00:00:00+00:00
AAL
U.S. FAA approves 78% of planes for low-visibility landings near 5G
WASHINGTON, Jan 20 (Reuters) - The U.S. Federal Aviation Administration on Thursday issued new approvals for additional altimeters that allow about 78% of the U.S. commercial air fleet to perform low-visibility landings at airports where 5G C-band wireless is deployed. Airplane models with one of 13 cleared altimeters ...
2022-01-20 00:00:00+00:00
AAL
Airline Stocks Alert: Why Are UAL, AAL Stocks Dipping Today?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airline stocks are in focus today as 5G road bumps and lingering omicron concerns continue to hamper the industry. Both American Airlines (NASDAQ:AAL) and United Airlines (NASDAQ:UAL) reported fourth-quarter 2021 earnings recently, and the results have inve...
2022-01-20 00:00:00+00:00
AAL
Consumer Sector Update for 01/20/2022: CVNA,CRSR,AAL
Consumer stocks were broadly higher in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.6% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 1.3%. In company news, Carvana (CVNA) climbed 6.4% after a KeyBanc downgrade to sector weight from overweight, one day after th...
2022-01-20 00:00:00+00:00
AAL
US STOCKS-Growth bargains, upbeat earnings boost Wall Street
By Bansari Mayur Kamdar and Shreyashi Sanyal Jan 20 (Reuters) - U.S. stock indexes rose on Thursday on strong earnings reports, while bargain hunting boosted mega-cap growth companies after the Nasdaq index plunged into correction territory in the previous session. The Nasdaq .IXIC has had a rough two months since hitt...
2022-01-20 00:00:00+00:00
AAL
American Airlines Group Inc Q4 Loss Increases, but beats estimates
(RTTNews) - American Airlines Group Inc (AAL) revealed Loss for fourth quarter that decreased from the same period last year and beat the Street estimates. The company's bottom line came in at -$0.93 billion, or -$1.44 per share. This compares with -$2.18 billion, or -$3.81 per share, in last year's fourth quarter. Exc...
2022-01-20 00:00:00+00:00
AAL
US STOCKS-Growth bargains, upbeat earnings take Wall Street higher
By Bansari Mayur Kamdar and Shreyashi Sanyal Jan 20 (Reuters) - U.S. stock indexes rose on Thursday on strong earnings reports, while bargain hunting boosted mega-cap growth companies after the Nasdaq index plunged into correction territory in the previous session. The Nasdaq .IXIC has had a rough two months since hitt...
2022-01-20 00:00:00+00:00
AAL
American Airlines Group Q4 21 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 January 20, 2022, to discuss Q4 21 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 aut...
2022-01-20 00:00:00+00:00
AAL
American Airlines loss narrows on strong holiday travel demand
Adds details, shares, background Jan 20 (Reuters) - American Airlines Group Inc AAL.O reported a smaller fourth-quarter loss on Thursday, boosted by strong travel demand during the holiday season. U.S. carriers benefited from millions of Americans flying in November and December, with the Transportation Security Admini...
2022-01-20 00:00:00+00:00
AAL
US STOCKS-Wall Street set to open higher after upbeat earnings
By Bansari Mayur Kamdar Jan 20 (Reuters) - U.S. stock futures rose on Thursday as upbeat results from American Airlines and Travelers kept the positive momentum going for the fourth-quarter earnings season, a day after the tech-heavy Nasdaq index plunged into correction territory. The Nasdaq .IXIC has had a rough two m...
2022-01-20 00:00:00+00:00
AAL
American Airlines Q4 Loss Narrows Better Than View
(RTTNews) - American Airlines Group Inc. (AAL) on Thursday reported narrower net loss in the fourth quarter on higher travel demand. Net loss in the fourth quarter was $931 million or $1.44 per share compared with net loss of $2.178 billion or $3.81 per share in the same quarter a year ago. Excluding one-time items los...
2022-01-20 00:00:00+00:00
AAL
U.S. stock futures rise on earnings after Nasdaq enters correction territory
By Bansari Mayur Kamdar Jan 20 (Reuters) - U.S. stock futures rose on Thursday on a string of strong earnings led by American Airlines and insurer Travelers, a day after the tech-heavy Nasdaq plunged into correction territory. Investors will also be watching jobless claims data at 0830 ET for cues on the Federal Reserv...
2022-01-19 00:00:00+00:00
AAL
Should You Buy United Airlines Stock Ahead Of Earnings?
As the world grapples with another Covid surge, macroeconomic recovery has become a key concern for authorities leading to fewer restriction measures. The shares of United Airlines (NASDAQ: UAL) observed another round of sell-off after WHO declared the Omicron mutation as a variant of concern and investors were wary of...
2022-01-19 00:00:00+00:00
AAL
Should You Pick American Airlines Stock Ahead Of Earnings?
[Updated 01/18/2022] Macroeconomic recovery has been a key concern for authorities after the surge in infections due to the Omicron variant. Thus, governments have imposed fewer restriction measures to ease economic activity. The shares of American Airlines (NASDAQ: AAL) have remained relatively level in recent months ...
2022-01-19 00:00:00+00:00
AAL
Affirm Stock: Bear vs. Bull
Affirm Holdings (NASDAQ: AFRM) lost more than 50% of its value over the past two months as rising interest rates caused investors to dump their pricier, more speculative, and unprofitable growth stocks. Unfortunately for Affirm's investors, the "buy now, pay later" (BNPL) services provider checked all three boxes. It w...
2022-01-19 00:00:00+00:00
AAL
U.S. airlines report only minor impact from 5G deployment
By David Shepardson WASHINGTON, Jan 19 (Reuters) - U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel as the U.S. Federal Aviation Administration (FAA) said it has issued new approvals to allow more low-visibility landings. The increased approvals for Boeing and ...
2022-01-19 00:00:00+00:00
AAL
Pre-Market Earnings Report for January 20, 2022 : UNP, TRV, FITB, NTRS, KEY, RF, MTB, BKR, AAL, FHN, SNV, WBS
The following companies are expected to report earnings prior to market open on 01/20/2022. Visit our Earnings Calendar for a full list of expected earnings releases. Union Pacific Corporation (UNP)is reporting for the quarter ending December 31, 2021. The transportation (rail) company's consensus earnings per share f...
2022-01-18 00:00:00+00:00
AAL
U.S. FAA halts review of FedEx proposal to install A321 laser-based missile-defense system
By David Shepardson WASHINGTON, Jan 18 (Reuters) - The Federal Aviation Administration (FAA) said on Tuesday it was withdrawing proposed conditions that could have allowed delivery company FedEx Corp FDX.Nto install a laser-based missile-defense on Airbus A321-200 airplanes. The FAA said Tuesday it "has determined that...
2022-01-18 00:00:00+00:00
AAL
Biden administration in talks to head off 5G aviation standoff
By David Shepardson WASHINGTON, Jan 18 (Reuters) - The Biden administration is working with wireless carriers, airlines, airplane manufacturers and key federal agencies to resolve a looming aviation crisis, a senior administration official told Reuters. Airlines are preparing to cancel a significant number of passenger...
2022-01-18 00:00:00+00:00
AAL
Will The Tide Turn For JetBlue Airways Stock?
The shares of JetBlue Airways (NASDAQ: JBLU) are trading 30% below pre-Covid levels despite relatively high passenger numbers at TSA checkpoints due to the anticipation of a prolonged dip in air travel demand. However, investors have been optimistic on Atlas Air stock (NASDAQ: AAWW), a global provider of leased aircraf...
2022-01-18 00:00:00+00:00
AAL
Travel Demand Aids American Airlines (AAL) Amid High Fuel Cost
We have recently updated a report on American Airlines Group Inc. AAL. Owing to an improvement in air-travel demand in the United States, American Airlines witnessed a 20% sequential increase in third-quarter 2021 passenger revenues. With economic activities picking up, passenger revenues (up 56.1% in the first nine mo...
2022-01-18 00:00:00+00:00
AAL
The Zacks Analyst Blog Highlights: The PNC Financial Services Group Inc., United Airlines Holdings Inc., Discover Financial Services, The Travelers Companies Inc. and American Airlines Group Inc
For Immediate Release Chicago, IL – January 18, 2022 – 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: The PNC Financial Services...
2022-01-18 00:00:00+00:00
AAL
China aviation regulator suspends eight more incoming U.S. flights
BEIJING, Jan 18 (Reuters) - China's aviation regulator on Tuesday suspended another eight incoming U.S. flights by U.S. airlines, bringing the total cancellation this year to 84, based on a Reuters tally. The Civil Aviation Administration of China ordered United Airlines UALCO.UL to suspend four more flights from San F...
2022-01-17 00:00:00+00:00
AAL
5 Large-Cap Stocks Likely to Gain From Q4 Earnings This Week
The fourth-quarter 2021 earnings season picked up momentum from Jan 14 as banking behemoths started releasing their financial numbers. The last quarter was an impressive one for Wall Street. The termination of fiscal stimulus, reduction in monetary stimulus, soaring inflation and the resurgence of coronavirus failed to...
2022-01-17 00:00:00+00:00
AAL
EXCLUSIVE-Major U.S. airline CEOs warn 5G could ground some planes, wreak havoc
By David Shepardson WASHINGTON, Jan 17 (Reuters) - The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis on Wednesday when AT&T T.N and Verizon VZ.N are set to deploy new 5G service. The airlines warned the new C-Band 5G service could potentially...
2022-01-17 00:00:00+00:00
AAL
EXCLUSIVE-Major U.S. airline CEOs urge action to avoid 'catastrophic' 5G flight disruptions
WASHINGTON, Jan 17 (Reuters) - The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis Wednesday when AT&T T.N and Verizon VZ.N are set to deploy new 5G service. "Unless our major hubs are cleared to fly, the vast majority of the traveling and ship...
2022-01-16 00:00:00+00:00
AAL
Winter storm slams U.S. East Coast, Canada, thousands of flights canceled
By Jan Wolfe and Kanishka Singh WASHINGTON, Jan 16 (Reuters) - A major winter storm slammed much of the eastern United States with snow, ice and high winds on Sunday, causing widespread travel disruptions and power outages on a holiday weekend. Winter weather alerts stretched more than 1,000 miles (1,609 km) from Alaba...
2022-01-16 00:00:00+00:00
AAL
Airlines cancel over 2,700 U.S. flights as winter storm hits U.S. East Coast
By Kanishka Singh Jan 16 (Reuters) - Airlines canceled over 2,700 U.S. flights on Sunday as a winter storm combining high winds and ice was poised to hit the U.S. East Coast over the holiday weekend. The flights canceled by 12:30 p.m. ET (1730 GMT) on Sunday included over 2,700 entering, departing from or within the Un...
2022-01-14 00:00:00+00:00
AAL
Airline Stocks Fly High in Thursday's Trading: Here's Why
Delta Air Lines DAL kicked off the fourth-quarter 2021 earnings season for the airline stocks yesterday on a bright note. DAL reported better-than-expected earnings per share and revenues for the same period. Results were aided by an upbeat air traffic during the holidays. Apart from a strong earnings report, DAL manag...
2022-01-14 00:00:00+00:00
AAL
Will Cost Woes Dampen American Airlines' (AAL) Q4 Earnings?
American Airlines Group AAL is scheduled to report fourth-quarter 2021 results on Jan 20, before market open. The Zacks Consensus Estimate for fourth-quarter loss has widened by 3.5% in the past 60 days. Given this, let’s take a look at the factors that are expected to have influenced the company’s fourth-quarter perf...
2022-01-13 00:00:00+00:00
AAL
Airline Stock Roundup: AAL's Bullish Q4 Revenue View, ALK, GOL, AZUL in Focus
In the past week,American Airlines’ AAL management provided an improved guidance for fourth-quarter 2021 revenues despite multiple flight cancellations. Alaska Airlines, the wholly-owned subsidiary of Alaska Air Group ALK, trimmed its schedule for the current month following the omicron-induced staff crunch. Air-trave...