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2022-01-13 00:00:00+00:00
AAL
American Airlines (AAL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Wall Street expects a year-over-year increase in earnings on higher revenues when American Airlines (AAL) reports results for the quarter ended December 2021. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price i...
2022-01-13 00:00:00+00:00
AAL
Airline Stocks Alert: Why Are UAL, DAL, AAL Stocks Flying Higher Today?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today, airline stocks have lift-off, with each of the three major U.S. airlines surging to new year-to-date (YTD) highs. United Airlines (NASDAQ:UAL), Delta Airlines (NYSE:DAL) and American Airlines (NASDAQ:AAL) have all surged between 3% and 6% in early af...
2022-01-13 00:00:00+00:00
AAL
Why Airline Stocks Are Soaring Today
What happened On Thursday, Delta Air Lines (NYSE: DAL) kicked off airline earnings season on a high note and took the rest of the sector along for the ride. Shares of Delta, American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), JetBlue Airways (NASDAQ: JBLU), and Spirit Airlines (NYSE: SAVE) al...
2022-01-13 00:00:00+00:00
AAL
Thursday's ETF Movers: FTXR, CQQQ
In trading on Thursday, the First Trust Nasdaq Transportation ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Spirit Airlines, up about 6% and shares of American Airlines Group, up about 5.7% on the day. And underperforming other ETFs today i...
2022-01-13 00:00:00+00:00
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US STOCKS-Futures muted ahead of data; Delta Air rises on strong earnings
By Bansari Mayur Kamdar Jan 13 (Reuters) - U.S. stock index futures were muted on Thursday ahead of jobless claims data and fresh inflation figures that are expected to give more cues on the Federal Reserve's tightening policy, while Delta Air Lines led gains among carriers on strong earnings. Both jobless claims and p...
2022-01-13 00:00:00+00:00
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U.S. FAA issues impact notices on 5G wireless aviation
By David Shepardson WASHINGTON, Jan 13 (Reuters) - The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics. The FAA has been in talks with airplane makers, airlines and wireless carrier...
2022-01-12 00:00:00+00:00
AAL
U.S. FAA to issue 5G wireless aviation impact notices
By David Shepardson WASHINGTON, Jan 12 (Reuters) - The Federal Aviation Administration (FAA) said it will publish notices early Thursday detailing the extent of the potential impact of new 5G wireless service on sensitive aircraft electronics. The FAA has been in talks with airplane manufacturers, airlines and wireless...
2022-01-12 00:00:00+00:00
AAL
4 Airline Stocks to Buy on Any Covid-19 Variant Dips
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airlines were doing great at getting people back on their feet after a brutal 2020 ravaged by the Covid-19 pandemic. Passengers finally want to travel again. However, airline stocks are not doing so well right now. You can chalk that down to the omicron var...
2022-01-12 00:00:00+00:00
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American, Aer Lingus Ink Codeshare Deal For Easy Travel Between US And Ireland
(RTTNews) - American Airlines has inked a new codesharing partnership with Aer Lingus, the flag carrier of Ireland, that will make it more simple, easy and more convenient for customers to travel between the United States and Ireland, also known as the Emerald Isle. Under the deal, American will place its code on Aer L...
2022-01-12 00:00:00+00:00
AAL
American Airlines (AAL) Up on Improved Q4 Revenue Guidance
American Airlines AAL improved its expectations for fourth-quarter 2021 total revenues despite multiple flight cancellations during the Christmas and New Year holiday travel period. This, in turn, drove shares of the company up 1.2% at the close of business on Jan 11. Per a SEC filing dated Jan 11, American Airlines n...
2022-01-11 00:00:00+00:00
AAL
Passenger breaks into cockpit of American Airlines at Honduras airport
Adds details Jan 11 (Reuters) - A passenger broke into the cockpit of an American Airlines jet at an airport on Honduras as the plane was boarding for a flight to Miami, ABC News reported on Tuesday. Reuters could not immediately confirm the report. ABC reported that the man, who was not immediately identified, entered...
2022-01-11 00:00:00+00:00
AAL
Omicron turbulence looms over U.S. airline earnings
By Rajesh Kumar Singh CHICAGO, Jan 11 (Reuters) - U.S. airlines have come a long way since the spring of 2020 when COVID-19 brought the industry to its knees. Yet the pandemic will loom large when big carriers report quarterly earnings starting on Thursday. The latest wave of the health crisis, driven by the highly con...
2022-01-11 00:00:00+00:00
AAL
American Airlines expects Q4 revenue to fall lesser than expected
Jan 11 (Reuters) - American Airlines Group Inc AAL.O on Tuesday forecast a smaller-than-expected fall in fourth-quarter revenue, sending shares of the No. 1 U.S. carrier up about 2% before the bell. The company said it expects revenue for the quarter to be down about 17%, compared with its prior expectation of an about...
2022-01-11 00:00:00+00:00
AAL
Pre-Market Most Active for Jan 11, 2022 : BDTX, SQQQ, FTI, QQQ, AAL, TQQQ, F, NOK, RIO, AAPL, SAN, PLTR
The NASDAQ 100 Pre-Market Indicator is up 27.53 to 15,641.96. The total Pre-Market volume is currently 23,990,292 shares traded. The following are the most active stocks for the pre-market session: Black Diamond Therapeutics, Inc. (BDTX) is +0.85 at $5.35, with 6,610,517 shares traded., following a 52-week high recor...
2022-01-10 00:00:00+00:00
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Heavy rains force miners to halt operations in southeast Brazil
By Gabriel Araujo SAO PAULO, Jan 10 (Reuters) - Heavy rainfall in southeastern Brazil has prompted miners including Vale SA VALE3.SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest. Rainfall is expected to remain heav...
2022-01-07 00:00:00+00:00
AAL
U.S. FAA details 50 airports that will have 5G buffer zones
By David Shepardson WASHINGTON, Jan 7 (Reuters) - The Federal Aviation Administration (FAA) on Friday disclosed a list of 50 U.S. airports that will have buffer zones when wireless carriers turn on new 5G C-band service on Jan. 19. AT&T T.N and Verizon Communications VZ.N on Monday agreed to buffer zones around 50 airp...
2022-01-07 00:00:00+00:00
AAL
Why Airline Stocks Were Up Today
What happened The airline sector is poised for a rebound in 2022, according to one Wall Street analyst, making it a great time to buy in. That has airline stocks that trade in New York soaring higher on Friday, with Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), Spirit Airlines (NYSE: SAVE), and Az...
2022-01-07 00:00:00+00:00
AAL
Friday Sector Leaders: Airlines, Education & Training Services
In trading on Friday, airlines shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Frontier Group Holdings, up about 5.2% and shares of American Airlines Group up about 5.1% on the day. Also showing relative strength are education & training services shares, up on the day by abou...
2022-01-07 00:00:00+00:00
AAL
Omicron Rising: Avoid These 3 Stocks in 2022
The stock market can move in different directions, often based on the latest news events. For example, many technology stocks have brutally sold off on reports of potentially rising interest rates, while many value stocks, including those beaten up during the pandemic, have gotten red-hot over the past month. But while...
2022-01-06 00:00:00+00:00
AAL
U.S. flights still face risks from new 5G service -FAA
By David Shepardson WASHINGTON, Jan 6 (Reuters) - The U.S. Federal Aviation Administration (FAA) on Thursday issued fresh warnings that new 5G wireless service could still disrupt flights, saying there were "big differences" between U.S. aviation protections and those used in France. Late Thursday, the FAA launched a d...
2022-01-06 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For February 25th
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the February 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new February 25th contracts and identified one put and one call contract of particular in...
2022-01-04 00:00:00+00:00
AAL
Chile's Nov. copper output falls amid drops from Codelco and Escondida - Cochilco
SANTIAGO, Jan 4 (Reuters) - Chile's total copper production in November fell by 0.6% year-on-year to 481,800 tons, due to drops from state-owned Codelco and the giant Escondida mine, the Chilean Copper Commission (Cochilco) reported on Tuesday. Codelco's production saw an output drop of 7.4% in November compared with t...
2022-01-04 00:00:00+00:00
AAL
US STOCKS-Futures extend positive start to the year
By Shreyashi Sanyal Jan 4 (Reuters) - U.S. stock index futures rose on Tuesday, extending a strong start to the year after worries about the Omicron variant of the coronavirus subsided and travel stocks bounced. Equity markets across the globe bounced for the second straight day of trading in 2022, with the World Healt...
2022-01-04 00:00:00+00:00
AAL
U.S. outlines deal with AT&T, Verizon over 5G delay -letter
By David Shepardson WASHINGTON, Jan 4 (Reuters) - U.S. transportation officials told wireless carriers the government will not seek any further delays in deployment of 5G wireless service beyond Jan. 19 absent any "unforeseen aviation safety issues," according to a previously unreported letter. U.S. Transportation Secr...
2022-01-04 00:00:00+00:00
AAL
U.S. outlines deal with AT&T, Verizon over 5G delay - letter
Jan 4 (Reuters) - U.S. transportation officials told wireless carriers it would not seek any further details in deployment of 5G wireless service beyond Jan. 19 absent any "unforeseen aviation safety issues," according to a previously unreported letter. U.S. Transportation Secretary Pete Buttigieg and Federal Aviation ...
2022-01-03 00:00:00+00:00
AAL
Why Airline Stocks Are Flying High Today
What happened Wall Street is taking an upbeat view toward airlines at the start of the new year, and the stocks are responding by gaining altitude. Shares of American Airlines Group and United Airlines Holdings each climbed as much as 6% on Monday, while shares of Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: J...
2022-01-03 00:00:00+00:00
AAL
Verizon, AT&T to delay 5G deployment, averting aviation standoff
By David Shepardson WASHINGTON, Jan 3 (Reuters) - Verizon Communications VZ.N and AT&T Inc T.N said late on Monday they had agreed to a two-week delay in deploying C-Band wireless spectrum, averting an aviation safety standoff that threatened to disrupt flights starting this week. The carriers had faced pressure from t...
2022-01-03 00:00:00+00:00
AAL
Aviation groups ask White House to intervene in 5G safety dispute
WASHINGTON, Jan 3 (Reuters) - Groups representing U.S. airlines, aircraft manufacturers and airports urged the White House late on Monday to intervene to delay the use by wireless carriers of C-Band spectrum for 5G, which they warn could cause dramatic disruptions for air travel. "Time has run out and it’s imperative t...
2022-01-03 00:00:00+00:00
AAL
Airline Stocks Could Hit Real Turbulence on Jan. 5. Mark Your Calendars.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The surging omicron variant was quick to complicate holiday plans when it was first detected just after Thanksgiving 2021. While the U.S. government did not impose any restrictions regarding family or social gatherings during the recent holiday season, many...
2022-01-03 00:00:00+00:00
AAL
Verizon to delay 5G deployment two weeks, averting aviation safety standoff
WASHINGTON, Jan 3 (Reuters) - Verizon Communications VZ.N said late on Monday it had agreed to a two-week delay in deploying C-Band wireless spectrum, averting an aviation safety standoff that threatened to disrupt flights starting this week. "We've agreed to two-week delay which promises the certainty of bringing this...
2022-01-03 00:00:00+00:00
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VOLT Stock: My No. 2 Moonshot Pick for 2022
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here. Source: Shutterstock What if I told you that one of InvestorPlace‘s biggest winners t...
2022-01-03 00:00:00+00:00
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Why Gevo Stock Is Up Nearly 14% Today
What happened Shares of biofuels producer Gevo (NASDAQ: GEVO) were up almost 14% as of 12:05 p.m. ET Monday, starting the new year off with a bang thanks to similarly strong bullish interest in companies closely associated with Gevo's flagship product. So what After Gevo ended 2021 on a mostly bearish foot, and at a ne...
2022-01-03 00:00:00+00:00
AAL
CCL Stock: Why Carnival Is Cruising Higher Despite the CDC’s Covid Call
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Carnival (NYSE:CCL) stock is heading higher on Monday despite recent concerns about the Covid-19 Omicron variant. CCL) cruise ship on water in front of beach with chairs" width="300" height="169"> Source: Flickr The rise in CCL stock appears to be partially...
2022-01-03 00:00:00+00:00
AAL
Great CEO Resignation invites the Great Agitation
Reuters Reuters NEW YORK (Reuters Breakingviews) - Chief executives are over it. C-suite turnover spiked in the first half of 2021, according to data from recruiter Heidrick & Struggles https://www.heidrick.com/-/media/heidrickcom/publications-and-reports/route-to-the-top-2021.pdf. With average corporate leaders far ...
2022-01-03 00:00:00+00:00
AAL
7 of the Best Cheap Stocks Under $20 for 2022 to Buy Now
InvestorPlace - Stock Market News, Stock Advice & Trading Tips “Buy low, sell high” is the mantra for success in the investing world. Consequently, investors are always looking for opportunities to scoop up cheap stocks that could offer incredible value over the long run. As Warren Buffet said, “It’s far better to buy ...
2022-01-02 00:00:00+00:00
AAL
AT&T, Verizon CEOs reject U.S. request for 5G deployment delay
By David Shepardson WASHINGTON, Jan 2 (Reuters) - The chief executives of AT&T T.N and Verizon Communications VZ.N rejected a request to delay the planned Jan. 5 introduction of new 5G wireless service over aviation safety concerns but offered to temporarily adopt new safeguards. U.S. Transportation Secretary Pete Butt...
2021-12-31 00:00:00+00:00
AAL
U.S. officials ask AT&T, Verizon to delay 5G wireless over aviation safety concerns
WASHINGTON, Dec 31 (Reuters) - U.S. Transportation Secretary Pete Buttigieg and the head of the Federal Aviation Administration (FAA) on Friday asked AT&T T.N and Verizon Communications VZ.N to delay the planned Jan. 5 introduction of C-Band wireless service over aviation safety concerns. In a letter Friday seen by Reu...
2021-12-31 00:00:00+00:00
AAL
Is This Airline Stock A Better Pick Over American Airlines?
The shares of American Airlines (NASDAQ: AAL) currently trade 35% below pre-Covid levels as compared to a 44% decline in United Airlines stock (NASDAQ: UAL). United Airlines incurred $4.1 billion of operating cash burn last year which is lower than its $11 billion drop in market capitalization since February 2020. Comp...
2021-12-30 00:00:00+00:00
AAL
U.S. airline group seeks 5G wireless deployment delay near airports
By David Shepardson Dec 30 (Reuters) - A U.S. trade group representing major passenger and cargo airlines asked the Federal Communications Commission (FCC) on Thursday to halt deployment of new 5G wireless service at some airport locations. AT&T T.N and Verizon Communications VZ.N are set on Jan. 5 to deploy C-Band spe...
2021-12-30 00:00:00+00:00
AAL
Omicron, unruly passengers deter U.S. airline staff from holiday overtime
By Abhijith Ganapavaram and Aishwarya Nair Dec 30 (Reuters) - U.S. airline cabin crew, pilots and support staff are reluctant to work overtime during the holiday travel season despite being lured with hefty financial incentives because of the growing fear of contracting COVID-19 and the prospect of dealing with unruly ...
2021-12-30 00:00:00+00:00
AAL
AAL February 2022 Options Begin Trading
Investors in American Airlines Group Inc (Symbol: AAL) saw new options begin trading today, for the February 2022 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new February 2022 contracts and identified one put and one call contract of particular inter...
2021-12-29 00:00:00+00:00
AAL
American Airlines Stock Is Diving Into Long-Term Support Levels
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I don’t chase headlines, but last weekend they were in my face about airlines cancellations. Due to high Covid-19 infections, companies cancelled thousands of flights globally. Therefore contemplating investing in American Airlines (NASDAQ:AAL) stock seems ...
2021-12-29 00:00:00+00:00
AAL
American Airlines Group Reaches Analyst Target Price
In recent trading, shares of American Airlines Group Inc (Symbol: AAL) have crossed above the average analyst 12-month target price of $18.29, changing hands for $18.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their tar...
2021-12-28 00:00:00+00:00
AAL
Southwest Airlines Stock, Time To Buy?
As European nations mull tighter restrictions to contain the spread of the Omicron variant, experts anticipate a similar trend in the U.S. and across the world in the coming months. As investors speculate a slower recovery timeline for the travel industry, the shares of Southwest Airlines (NYSE: LUV) have lost a quarte...
2021-12-28 00:00:00+00:00
AAL
Vale and Anglo discuss joint development of Serpentina using Minas-Rio
Adds detail on talks, context RIO DE JANEIRO, Dec 28 (Reuters) - Vale SA VALE3.SA has begun "preliminary discussions" with Anglo American PLC AAL.L regarding a potential partnership at its Serpentina project adjacent to Anglo's Minas-Rio iron ore mine project, the Brazilian miner said on Tuesday. A potential partnershi...
2021-12-28 00:00:00+00:00
AAL
Airlines Cancel Holiday Flights Over Omicron Fear, Weather Disruptions
(RTTNews) - With rising Covid-19 cases in the U.S, many airlines are feeling the brunt, with many flights being canceled and the suggestion from infectious disease expert Dr Anthony Fauci that only vaccinated people must embark on domestic air travel has added to their woes. According to reports, as a result of these t...
2021-12-27 00:00:00+00:00
AAL
US STOCKS-S&P 500 set to open near record high on strong retail sales report
By Medha Singh and Anisha Sircar Dec 27 (Reuters) - The S&P 500 was set to open near an intraday record high on Monday, as strong retail sales underscored the strength of the economy and overshadowed worries from Omicron-driven flight cancellations at the start of this year's final trading week. Retail sales rose 8.5% ...
2021-12-27 00:00:00+00:00
AAL
JetBlue, United, Delta, American Airlines Cancel 950 Flights on Christmas Day – Report
Four major U.S. airlines - American Airlines Group, Inc. (NASDAQ:AAL), JetBlue Airways Corp. (NASDAQ:JBLU), United Airlines Holdings, Inc. (NASDAQ:UAL), and Delta Air Lines, Inc. (DAL), canceled a total of 950 flights on Christmas Day due to the spread of the omicron variant of COVID-19, ABC News said. These cancellati...
2021-12-27 00:00:00+00:00
AAL
Rising Omicron cases disrupt air travel, 800 more flights canceled
Dec 27 (Reuters) - U.S. airlines canceled about 800 more flights on Monday after nixing thousands of flights during the Christmas holiday weekend, as Omicron cases across the country rise, forcing crews to isolate and travelers to seek other forms of travel. Shares of American Airlines Group Inc AAL.O, United Airlines ...
2021-12-27 00:00:00+00:00
AAL
Travel stocks fall as Omicron spurs mass flight cancellations for fourth day
Recasts; adds Southwest response, background; updates shares Dec 27 (Reuters) - Shares of U.S. airlines and other travel-related companies fell on Monday as rising Omicron cases and weather-related problems forced the cancellation of hundreds more flights, leaving travelers stranded across the country during the holida...
2021-12-27 00:00:00+00:00
AAL
US STOCKS-Megacap tech stocks lift futures; Omicron risks linger
By Medha Singh Dec 27 (Reuters) - U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Omicron-driven flight cancellations kept investors on edge at the start of this year's final trading week. Travel-related stocks, typically sensitive to news around the coronavirus, slid a...
2021-12-25 00:00:00+00:00
AAL
U.S. airlines scrap hundreds of Xmas Day flights due to Omicron
By Humeyra Pamuk and Joel Schectman WASHINGTON, Dec 25 (Reuters) - U.S. airlines canceled close to 900 flights on Saturday, the second straight day of massive cancellations as surging COVID-19 infections have sidelined some pilots and other crew members, upending plans for tens of thousands of holiday travelers over th...
2021-12-23 00:00:00+00:00
AAL
AAL February 2022 Options Begin Trading
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the February 2022 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new February 2022 contracts and identified one put and one call contract of particular in...
2021-12-23 00:00:00+00:00
AAL
Southwest Airlines Stock Poised For Strong Gains?
The shares of Southwest Airlines (NYSE: LUV) are trading 30% below pre-Covid levels despite stable passenger numbers at TSA checkpoints, largely due to the anticipation of a near-term decline in air travel demand. However, investors have been optimistic on Hyatt Hotels stock (NYSE: H), a hotel company with a strong dom...
2021-12-22 00:00:00+00:00
AAL
GRAPHIC-Surpluses on the horizon to douse fire under copper prices
By Zandi Shabalala LONDON, Dec 22 (Reuters) - Higher supplies and softer demand are expected to cool copper prices next year after a dizzying climb to record highs this year, but the metal's central role in the energy transition will keep sentiment positive. As top consumer China staged an economic rebound and exchange...
2021-12-22 00:00:00+00:00
AAL
American Airlines launches rights issue plan to protect $16.5 bln tax benefit
Dec 22 (Reuters) - American Airlines Group Inc AAL.O said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the industry grapples with the Omicron coronavirus variant. The No. 1 U.S. airline said it had cumulative U.S....
2021-12-22 00:00:00+00:00
AAL
BP Stock Remains A Long-Term Bet
[Updated 12/17/2021] Historically, BP’s (NYSE: BP) earnings have been primarily dependent on the oil & gas business resulting in fluctuating asset returns, fairly in line with benchmark oil prices. The Brent benchmark increased from $54 in 2017 to $71 in 2018, remained slightly lower at $63 in 2019, and subsequently d...
2021-12-21 00:00:00+00:00
AAL
Why Airline Stocks Like United and Delta Soared Today
What happened Airline stocks soared Tuesday, led by United Airlines Holdings (NASDAQ: UAL), up 6.9% as of Tuesday's close, closely trailed by Spirit Airlines (NYSE: SAVE) and JetBlue Airways (NASDAQ: JBLU). Even the industry's laggards are outpacing the broad market's gains, though, with American Airlines Group (NASDAQ...
2021-12-20 00:00:00+00:00
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ANALYSIS-Chile miners brace as president elect signals environmental crackdown
By Fabian Cambero SANTIAGO, Dec 20 (Reuters) - Chile's mining sector is bracing for tighter environmental rules ahead after President-elect Gabriel Boric pledged to oppose a controversial $2.5 billion iron-copper mine that was approved in August after years of legal wrangling. "To destroy the world is to destroy oursel...
2021-12-20 00:00:00+00:00
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Monday Market News: Why Are Stocks Down Today?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks are down today and we’re diving into why in our Monday market update! Source: Shutterstock It looks like politics is the biggest factor affecting thestock market today That includes Omicron fears as well as Democrats running into issues with their Bu...
2021-12-20 00:00:00+00:00
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S.Africa's Amplats to sell Bokoni Mine to African Rainbow Minerals
Dec 20 (Reuters) - Anglo American Platinum AMSJ.J (Amplats), a unit of Anglo American AAL.L , said on Monday it agreed to sell its Bokoni Mine in South Africa to African Rainbow Minerals Ltd ARIJ.J for a cash consideration of 3.5 billion rand ($219.48 million). Amplats holds a 49% stake in the platinum mine which has b...
2021-12-17 00:00:00+00:00
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Bidding race on for Vertical Aerospace eVTOL plant as shares debut
By Tim Hepher Dec 17 (Reuters) - As the flying taxi market takes off, the race is on to decide where the future vehicles will be built with one of the backers of newly listed Vertical Aerospace EVTL.K - Irish leasing boss Domhnal Slattery - pushing for a manufacturing base in Ireland. Shares in the electric vertical ta...
2021-12-17 00:00:00+00:00
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Southwest CEO tests positive for COVID-19 after Senate hearing -- airline
By David Shepardson WASHINGTON, Dec 17 (Reuters) - Southwest LUV.N Chief Executive Gary Kelly tested positive for COVID-19 after appearing at a U.S. Senate hearing on Wednesday, a spokesperson for the airline confirmed to Reuters. Kelly appeared at the Senate Commerce hearing with the CEOs of United Airlines UAL.N and ...
2021-12-17 00:00:00+00:00
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Canada's vaccine mandate for foreign crews a headache for European airlines
By Allison Lampert and David Shepardson Dec 17 (Reuters) - European airlines are walking an increasingly fine line to meet both foreign inoculation and local privacy requirements, as more countries require flight crews to be vaccinated against COVID-19, carriers say. Canada is slated on Jan. 15 to end an exemption that...
2021-12-17 00:00:00+00:00
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Analysts Anticipate SPYX Will Reach $127
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 SPDR— S&P— 500 Fossil Fuel Rese...
2021-12-17 00:00:00+00:00
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De Beers extends Botswana sales deal as it negotiates new contract
Adds detail, context GABORONE, Dec 17 (Reuters) - De Beers Group said on Friday it has extended by six months a 10-year agreement with Botswana for the sale of rough diamonds from their jointly owned venture, giving both parties more time to negotiate a new contract. The 2011 rough diamond sales agreement in which the ...
2021-12-17 00:00:00+00:00
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De Beers extends 10-year Botswana sales deal again on COVID-19 woes
Dec 17 (Reuters) - De Beers Group said on Friday it has extended by six months a 10-year agreement with Botswana for the sale of rough diamonds from their jointly owned venture, due to pandemic-induced logistical challenges. The 2011 rough diamond sales agreement in which the venture, Debswana, sells all of its output ...
2021-12-17 00:00:00+00:00
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Are Odds In Favor Of Boeing Stock?
Fear of another infectious wave has again affected international travel with the imposition of stringent testing rules by many countries. However, the passenger numbers at TSA checkpoints remain 15% below pre-pandemic figures – highlighting strong domestic demand. Interestingly, the shares of Boeing (NYSE: BA) have not...
2021-12-17 00:00:00+00:00
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Southwest CEO Gary Kelly Tests Covid Positive After Unmasked Senate Hearing
(RTTNews) - Gary Kelly, CEO of Southwest Airlines Co.(LUV), tested Covid positive after he visited a Senate hearing on Wednesday, with CEOs and representatives of other major airlines. A spokesperson said, "Although testing negative multiple times prior to the Senate Commerce Committee Hearing, Gary tested positive for...
2021-12-17 00:00:00+00:00
AAL
First Week of AAL August 2022 Options Trading
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available this week, for the August 2022 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 245 days until expiration the newly available contracts represent a possible opp...
2021-12-16 00:00:00+00:00
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U.S. FAA names WestJet official as new aviation safety chief
By David Shepardson WASHINGTON, Dec 16 (Reuters) - The Federal Aviation Administration said on Thursday it has tapped a Canadian airline safety official to head the agency’s aviation safety organization. Billy Nolen, who has most recently been vice president for safety, security and quality for WestJet Airlines WJA.TO ...
2021-12-16 00:00:00+00:00
AAL
American or United: Which Airline Stock is a Better Pick?
If any segment of the economy is emblematic of the U.S. recovery from COVID-19, it would be airlines. This particular market sector was hit hard by the pandemic, but offers excellent rebound prospects for enterprising investors. This isn't to suggest that there hasn't been turbulence, however. The recent emergence of t...
2021-12-15 00:00:00+00:00
AAL
Airlines fly close to downwards debt spiral
Reuters Reuters LONDON (Reuters Breakingviews) - Airlines are close to breaking the corporate credit card. Since 2019, the top six network carriers in the United States and Europe have loaded up with an additional $44 billion of net debt, more than their pre-pandemic EBITDA. Even with a return to normal in 2022 – an ...
2021-12-15 00:00:00+00:00
AAL
U.S. airlines to defend $54 billion COVID-19 government lifeline
By David Shepardson WASHINGTON, Dec 15 (Reuters) - Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work to speed hiring to address rising demand. The Senate Commerce Committee will hear from the chief executives of American Airlines AAL.O...
2021-12-15 00:00:00+00:00
AAL
Airlines CEOs To Testify Before Senate Panel Ahead Of Holiday Season Rush
(RTTNews) - Executives of different airlines will take questions from a Senate panel on Wednesday on the issue of flight cancellations and staff shortfalls in spite of securing $54 billion in taxpayer aid to help cover labor costs during the Coronavirus pandemic period. The CEOs of airline companies like American Airli...
2021-12-14 00:00:00+00:00
AAL
U.S. airlines ramp up hiring plans -testimony
By David Shepardson WASHINGTON, Dec 14 (Reuters) - Top executives of major U.S. airlines will tell a Senate committee Wednesday they are ramping up hiring even as some raise concerns about a COVID-19 variant on demand, according to testimony seen by Reuters. Executives at a Senate Commerce Committee hearing will defend...
2021-12-14 00:00:00+00:00
AAL
U.S. airlines ramp up hiring plans -- testimony
WASHINGTON, Dec 14 (Reuters) - Major U.S. airlines will tell a Senate committee Wednesday they are ramping up hiring even as some raise concerns about a COVID-19 variant on demand, according to testimony seen by Reuters. JetBlue JBLU.O Chief Executive Robin Hayes will say in written testimony the airline is on track to...
2021-12-13 00:00:00+00:00
AAL
U.S. says antitrust suit challenging air alliance should advance
By David Shepardson WASHINGTON, Dec 13 (Reuters) - The Justice Department said on Monday a judge should reject a bid by American Airlines AAL.O and JetBlue Airways Corp JBLU.O to dismiss an antitrust lawsuit over their "Northeast Alliance" partnership. The lawsuit filed in September by the U.S. government and six state...
2021-12-13 00:00:00+00:00
AAL
American Airlines CEO: U.S. COVID-19 aid 'saved' industry
By David Shepardson WASHINGTON, Dec 13 (Reuters) - American Airlines AAL.O Chief Executive Doug Parker will tell a U.S. Senate committee that $54 billion in COVID-19 U.S. government assistance "saved the airline industry," according to testimony seen by Reuters. Parker is set to testify alongside the chief executives o...
2021-12-13 00:00:00+00:00
AAL
Virgin Australia switches U.S. partner to United from Delta
Adds destination details, Delta comment SYDNEY, Dec 14 (Reuters) - Virgin Australia said on Tuesday it would enter a new codeshare and loyalty partnership with United Airlines UAL.O from April 2022, replacing a longstanding partnership with Delta Air Lines DAL.N on U.S. routes. Virgin last year stopped flying from Aust...
2021-12-13 00:00:00+00:00
AAL
UAL Stock: 13 Things for United Airlines Investor to Know as Shares Fly Lower Monday
InvestorPlace - Stock Market News, Stock Advice & Trading Tips United Airlines (NASDAQ:UAL) stock is losing altitude on Monday and we’ve got everything investors need to know about the fall. Source: travelview / Shutterstock.com Let’s dive into the most recent news that has UAL stock feeling sluggish today below! The b...
2021-12-13 00:00:00+00:00
AAL
American Airlines: Does Its Price Justify the Risks?
American Airlines Group (AAL) is an American company that has been operating in the aviation industry since 2013. I am neutral on American Airlines Group because while the share price is suppressed, it is still running up heavy losses, making it difficult to value. In addition, Wall Street analysts are overwhelmingly b...
2021-12-13 00:00:00+00:00
AAL
Why Airline Stocks Are Falling Today
What happened On a day when the airlines are focused on the future, investors remain fixated on the challenges facing the sector today. Shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), and Southwest Airlines (NYSE: LUV) all fell as much as 5% on Monda...
2021-12-13 00:00:00+00:00
AAL
US STOCKS-Wall St set to open higher as Apple leads; Fed meeting awaited
By Shreyashi Sanyal and Bansari Mayur Kamdar Dec 13 (Reuters) - U.S. stocks were set to rise on Monday, led by gains in Apple which neared $3 trillion in market capitalization, while investors braced for a Federal Reserve meeting later this week where it will likely signal faster tapering of monetary stimulus. Apple In...
2021-12-10 00:00:00+00:00
AAL
Anglo American expects better 2022, 35% growth over next decade
Adds Woodsmith project, Dec 10 (Reuters) - London-listed miner Anglo American Plc AAL.L on Friday forecast a stronger performance in 2022, banking on diamonds and iron ore, while planning to harness early copper from its Quellaveco project in Peru. Quellaveco is a $5 billion development and one of the world's largest u...
2021-12-10 00:00:00+00:00
AAL
JetBlue Stock: Should You Buy The Dip?
With new travel rules imposed in the U.S. and across the world due to the Omicron variant, international travel demand is expected to remain low for a couple of months. After reaching pre-Covid levels in the second quarter, the shares of JetBlue Airways (NASDAQ: JBLU) declined in July due to rising fuel prices and the ...
2021-12-09 00:00:00+00:00
AAL
American Airlines Trims International Flights Amid Boeing Delays
(RTTNews) - American Airlines Group Inc. (AAL) on Thursday announced that it would be cutting down on the number of its international flights during the next summer as there had been long delays in delivery of Boeing's 787 Dreamliners. According to reports, Boeing will compensate the airlines for the delay. The deliver...
2021-12-09 00:00:00+00:00
AAL
American Airlines to reduce international flights next summer due to Dreamliner delays - WSJ
Adds details from the report, share movement Dec 9 (Reuters) - American Airlines Group Inc AAL.O is planning to reduce international flights next summer because of delays from Boeing Co BA.N in delivering new 787 Dreamliners, the Wall Street Journal reported on Thursday, citing people familiar with the matter and a dra...
2021-12-09 00:00:00+00:00
AAL
Chevron's shipping unit joins initiative to cut emissions
Dec 9 (Reuters) - Oil major Chevron Corp CVX.N said on Thursday, its shipping unit has joined the Sea Cargo Charter, an initiative launched last year to cut and track emissions from ships, as efforts intensify to reduce the maritime industry's carbon footprint. Under the Sea Cargo Charter, companies, including agrigrou...
2021-12-08 00:00:00+00:00
AAL
American, Delta, United CEOs to testify before U.S. Senate panel
By David Shepardson WASHINGTON, Dec 8 (Reuters) - The chief executives of American Airlines AAL.O, United Airlines UAL.N and Southwest Airlines LUV.N will testify on Dec. 15 at an oversight hearing before the Senate Commerce Committee on the impact of $54 billion in COVID-19 government payroll support for U.S. airlines...
2021-12-07 00:00:00+00:00
AAL
US STOCKS-Wall Street closes higher with Nasdaq boosted by tech rally
By Devik Jain, Shreyashi Sanyal and Sinéad Carew Dec 7 (Reuters) - Wall Street's main indexes finished Tuesday's session with strong gains as investors shook off some anxiety about the latest virus variant and investors piled into technology stocks that boosted Nasdaq. Intel's INTC.O announcement of plans to take its s...
2021-12-07 00:00:00+00:00
AAL
US STOCKS-Wall Street rallies with Nasdaq up 3% as tech takes off
By Devik Jain, Shreyashi Sanyal and Sinéad Carew Dec 7 (Reuters) - Wall Street's main indexes rallied strongly on Tuesday, with the Nasdaq leading gains as investors piled back into technology stocks and semiconductors in particular after Intel INTC.O announced plans to take its self-driving car unit public. The chip g...
2021-12-07 00:00:00+00:00
AAL
5 Top Travel Stocks To Watch On Omicron Optimism
Are These The Best Travel Stocks To Buy Right Now? With the impact of the pandemic fading, travel stocks appear to be attracting attention in the stock market. After all, the United States eased its travel restrictions for international travellers last month, with vaccinated travellers now being allowed into the countr...
2021-12-07 00:00:00+00:00
AAL
US STOCKS-Wall Street leaps as Nasdaq rallies 3% on boost from Big Tech, chipmakers
By Devik Jain and Shreyashi Sanyal Dec 7 (Reuters) - Wall Street's main indexes rallied strongly on Tuesday, with the Nasdaq surging 3% as investors piled onto beaten-down quality technology stocks, while Intel jumped after plans to take its self-driving car unit public. The chip giant's INTC.O decision to list Mobiley...
2021-12-07 00:00:00+00:00
AAL
After Hours Most Active for Dec 7, 2021 : CSCO, FITB, PCG, AAL, IS, VST, ET, BAC, PLYA, TFC, FRSH, SFIX
The NASDAQ 100 After Hours Indicator is up 39.61 to 16,365.27. The total After hours volume is currently 21,899,104 shares traded. The following are the most active stocks for the after hours session: Cisco Systems, Inc. (CSCO) is +0.11 at $58.17, with 1,142,775 shares traded. As reported by Zacks, the current mean r...
2021-12-07 00:00:00+00:00
AAL
Evaluating a retiring pandemic CEO
Reuters Reuters (The author is a Reuters Breakingviews columnist. The opinions expressed are their own.) NEW YORK (Reuters Breakingviews) - Doug Parker has had enough. The American Airlines chief executive is stepping down https://news.aa.com/news/news-details/2021/American-Airlines-Announces-Leadership-Succession-Pl...
2021-12-07 00:00:00+00:00
AAL
American Airlines CEO Doug Parker To Retire In March; President Robert Isom Named Successor
(RTTNews) - American Airlines Group Inc. (AAL), said on Tuesday that Doug Parker will retire as Chief Executive Officer or CEO on March 31, 2022. Robert Isom, who is the President of the Group, will succeed Parker as the new chief executive. Isom is also scheduled to join the airline's Board of directors on March 31, n...
2021-12-07 00:00:00+00:00
AAL
US STOCKS-Wall St set to open 1% higher as tech stocks roar back
By Devik Jain Dec 7 (Reuters) - U.S. stocks looked set to open 1% higher on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public. Investors cheered the chip giant'sINTC.Odecision to list Mobileye in the United Sta...
2021-12-07 00:00:00+00:00
AAL
Diamond producer De Beers to explore mining in Angola
Dec 7 (Reuters) - De Beers Group, Anglo American's AAL.L diamond business, said on Tuesday it had applied to conduct exploration activities in north-eastern Angola. De Beers Group and the government of Angola will start discussions to agree upon a mineral investment contract, the company said. (Reporting by Shanima A i...
2021-12-07 00:00:00+00:00
AAL
American Airlines CEO Doug Parker to retire in March
Adds details on executive change, share movement Dec 7 (Reuters) - American Airlines Group Inc AAL.O said on Tuesday Chief Executive Officer Doug Parker will retire on March 31 and president Robert Isom will replace him. Parker will continue as chairman and Isom will join the carrier's board after he takes over as CEO,...