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2021-03-29 00:00:00+00:00
AAL
American Readies Fleet For Expected Surge in Demand
American Airlines Group (NASDAQ: AAL) expects to have most of its fleet airborne in the coming months in response to growing post-pandemic demand. American and other airlines were hit hard by the pandemic, which caused travel demand to evaporate. But as the vaccine rollout gains pace, the industry is growing more optim...
2021-03-29 00:00:00+00:00
AAL
American Airlines readies more jets to meet rising demand
March 29 (Reuters) - American Airlines AAL.O said on Monday it expects to fly most of its fleet in the coming months thanks to strong domestic and short-haul international bookings as COVID-19 infection rates and hospitalizations decline and more people receive vaccines. American said that as of March 26, average booki...
2021-03-28 00:00:00+00:00
AAL
3 Best Contrarian Stocks to Buy Now
It is not uncommon to see investors missing out on their best profit opportunities due to fright over a company's financial statements. Don't get me wrong -- doing due diligence on a stock you want to buy is essential. However, a company's stock performance is tied to its future potential, even though evidence from the...
2021-03-26 00:00:00+00:00
AAL
7 Bellwether Stocks to Buy That Will Soar As Normalcy Nears
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market seems to be pricing in a lot of “normality” into valuations across the board. Stocks aren’t cheap, with investor sentiment broadly bullish. That makes scouting out bellwether stocks, true signals our world is returning to pre-pandemic ways,...
2021-03-25 00:00:00+00:00
AAL
Why Airline Stocks Are Higher Today
What happened President Joe Biden is getting more aggressive about vaccinations, airlines are building back their schedules, and aviation stocks are on the move higher as a result. Shares of Spirit Airlines (NYSE: SAVE) led the way on Thursday, up as much as 7%, with shares of United Airlines Holdings (NASDAQ: UAL) and...
2021-03-25 00:00:00+00:00
AAL
Best Airline Stocks to Buy as the Industry Takes Off Again
The outlook for airline stocks continues to zip relentlessly higher ... even if they still face a few near-term bumps on the runway. Leisure travelers are taking to the skies again as vaccinations roll out nationwide and pandemic cases decline, which are welcome glimmers of hope for a wide range of travel stocks, inclu...
2021-03-25 00:00:00+00:00
AAL
Dividend over digging: Miners pay shareholders but need new projects
By Zandi Shabalala LONDON, March 25 (Reuters) - Major miners need to increase spending to secure fresh copper supply, analysts say, amid worries that availability of the red metal, crucial for the shift to a low carbon world, will slide just as demand surges. Copper -- which hit 9-1/2 year highs last month at $9,617 a ...
2021-03-23 00:00:00+00:00
AAL
US STOCKS-S&P 500, Dow set to drop ahead of Powell, Yellen testimonies
By Medha Singh and Devik Jain March 23 (Reuters) - The S&P 500 and the Dow were set to open lower on Tuesday as energy andtravel stocksslipped, while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues on the pace of economic rebound. Chevron Corp CVX.N, Occidental Petro...
2021-03-23 00:00:00+00:00
AAL
US STOCKS-Futures drop ahead of Powell, Yellen testimonies
By Medha Singh March 23 (Reuters) - U.S. stock index futures slid on Tuesday as energy stocks dropped while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues on the pace of economic rebound. Chevron Corp CVX.N, Occidental Petroleum Corp OXY.N and Exxon Mobil Corp XOM.N...
2021-03-22 00:00:00+00:00
AAL
3 Stocks to Avoid This Week
I took a look at three stocks to avoid last week, predicting that Interface (NASDAQ: TILE), America Airlines (NASDAQ: AAL), and Gap (NYSE: GPS) would have a bad week. Shares of Interface moved 7% lower. The company did announce its quarterly dividend during the week, but that's a non-event for the modular carpeting spe...
2021-03-22 00:00:00+00:00
AAL
Energy, mining stocks drag UK shares lower; AstraZeneca rises
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.7%, FTSE 250 off 0.4% March 22 (Reuters) - London's FTSE 100 inched lower on Monday, dragged by energy and mining stocks as oil and metals prices slipped over fears of slowing demand, while AstraZe...
2021-03-18 00:00:00+00:00
AAL
Breakingviews - Capital Calls: U.S. airline IPO validates liftoff
Reuters Reuters NEW YORK (Reuters Breakingviews) - Concise insights on global finance in the Covid-19 era. ------------------------------------------------- RUNWAY READY. The last thing the U.S. travel market needs is another airline company, but investors could use one that isn’t burning cash. They got that on Wedne...
2021-03-18 00:00:00+00:00
AAL
Spirit AeroSystems Is An Uncertain Bet
After observing the lows of $20 in February 2020, the shares of Spirit AeroSystems (NYSE: SPR) have more than doubled to $50 now largely due to the lifting of the FAA’s ban and an uptick in passenger numbers at TSA checkpoints. Comparing the company’s $745 million operating cash outflow in 2020 with the stock’s $1.4 bi...
2021-03-17 00:00:00+00:00
AAL
'At the limit': Chile's world-leading copper industry rejects lawmaker bid to hike taxes
By Fabian Cambero SANTIAGO, March 17 (Reuters) - Chile's sprawling copper industry has hit its limit in terms of tax burden, a senior industry executive told Reuters on Wednesday, warning lawmakers against a hike in royalties to take advantage of soaring global prices. Left-leaning opposition lawmakers in Chile, the wo...
2021-03-16 00:00:00+00:00
AAL
Pre-Market Most Active for Mar 16, 2021 : AMC, SVRA, FCEL, SYPR, FUTU, ENZ, F, SOS, SQQQ, GME, AAL, CCIV
The NASDAQ 100 Pre-Market Indicator is up 67.45 to 13,149.99. The total Pre-Market volume is currently 26,451,973 shares traded. The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is -0.67 at $13.37, with 5,262,848 shares traded. AMC's current last sale is 334....
2021-03-15 00:00:00+00:00
AAL
Is the Pandemic Over? Airlines Seem to Think So
After a rough 2020, the airline industry is signaling clear skies ahead going into the spring and summer travel season. On Monday, industry execs were making the rounds at a J.P. Morgan investment conference, and the message was by and large upbeat. Delta Air Lines (NYSE: DAL) CEO Ed Bastian warned that while the airli...
2021-03-15 00:00:00+00:00
AAL
Stock Market Today: Recovery Plays Lead the Way as Stocks Calmly Climb
Wall Street kicked off the week with a surprisingly, refreshingly gentle Monday session with modest but steady movement across most of the market. The tech-heavy Nasdaq Composite, which has spent much of the past few weeks lurching up and down on inflation fears, led the other major indices thanks to the likes of Apple...
2021-03-15 00:00:00+00:00
AAL
Why Airline Shares Are Flying Higher Today
What happened The airlines on Monday are making the rounds with investors talking up the industry's improving financial position, and it is having the desired effect. Airline stocks are on the move higher on Monday, with American Airlines Group (NASDAQ: AAL) up as much as 11%, United Airlines Holdings (NASDAQ: UAL) up ...
2021-03-15 00:00:00+00:00
AAL
The Unlikeliest Winners in Monday's Stock Market Drop
The stock market did extremely well last week, but Wall Street came out of the weekend suffering a case of Monday blues. After a very brief move higher at the open, stock market participants seemed to be ready for a pause in the recovery, causing several major market benchmarks to fall from record levels. As of 11:30 a...
2021-03-15 00:00:00+00:00
AAL
METALS-China data, supply concerns lift copper prices to near two-week high
Updates prices, adds analyst comment March 15 (Reuters) - Copper prices rose on Monday to their highest in almost two weeks, building on last week's gains as industrial output growth in top metals consumer China accelerated faster than expected in January-February and concerns over global supply resurfaced. Three-month...
2021-03-15 00:00:00+00:00
AAL
Investors Remain Overconfident in a United Airlines Stock Comeback
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is now the time to bet on a recovery for United Airlines (NASDAQ:UAL) stock? In the past year, we’ve seen many false starts for an airline stock recovery following the Covid-19 outbreak. Remember back in June, when airline stocks spiked on recovery hopes, e...
2021-03-15 00:00:00+00:00
AAL
S&P 500 Movers: LLY, AAL
In early trading on Monday, shares of American Airlines Group topped the list of the day's best performing components of the S&P 500 index, trading up 9.9%. Year to date, American Airlines Group registers a 62.8% gain. And the worst performing S&P 500 component thus far on the day is Eli Lilly, trading down 7.8%. Eli L...
2021-03-15 00:00:00+00:00
AAL
3 Stocks to Avoid This Week
I took a look at three stocks to avoid last week, predicting that IMAX (NYSE: IMAX), Gap (NYSE: GPS), and Eventbrite (NYSE: EB) would have a bad week. Shares of IMAX moved 5% lower. The provider of super-sized theatrical experiences headed south despite a nearly 40% pop for the country's largest multiplex chain. Gap st...
2021-03-15 00:00:00+00:00
AAL
Airline Stocks: Why Shares of AAL, UAL, JBLU, DAL and LUV Are Gaining Altitude Today
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airline stocks are flying high on Monday following some positive news from the Transportation Security Administration (TSA). Source: GagliardiPhotography / Shutterstock.com The good news from the TSA is that it’s starting to scan an increasing number of peo...
2021-03-14 00:00:00+00:00
AAL
METALS-China data, supply concerns push copper prices to near two-week high
March 15 (Reuters) - Copper prices rose on Monday to the highest levels in almost two weeks, building on last week's gains as top metals consumer China released upbeat economic activity data and as concerns over global supply resurfaced. China's industrial output grew 35.1% in January-February from a year ago,...
2021-03-13 00:00:00+00:00
AAL
How to Think About Lofty Price-to-Sales Ratios
Often, the go-to metric for investors to judge how "expensive" a stock is compared to its peers is the price-to-earnings ratio. But what if a company is investing all of its profits into growing the business? For growth investors, the price-to-sales ratio is a good way to get an idea of the value of a stock that doesn'...
2021-03-13 00:00:00+00:00
AAL
American Airlines Secures $10 Billion Financing Package
The COVID-19 pandemic has dealt a huge blow to the U.S. airline industry over the past year. Fortunately, most U.S. airlines entered 2020 with solid balance sheets, thanks to strong industry profitability over the previous decade. Among major airlines, American Airlines (NASDAQ: AAL) was an exception to this rule. The ...
2021-03-12 00:00:00+00:00
AAL
Why Airline Stocks Are Flying High Today
What happened Seemingly every day there are fresh signs that the airline business is returning to normal. That, plus a new round of stimulus that should both assist the businesses and hopefully create additional demand for travel, has the stocks on the move higher on Friday. Leading the way is Spirit Airlines (NYSE: SA...
2021-03-12 00:00:00+00:00
AAL
Here’s Why AAL Stock Is a Good Pandemic Recovery Play
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airlines didn’t do much flying last year, but carriers like American Airlines (NASDAQ:AAL) still show signs of a strong rebound. According to many analysts, this is the perfect time to add some airline names like AAL stock to your portfolio. AAL) airplane w...
2021-03-12 00:00:00+00:00
AAL
Noteworthy Friday Option Activity: AAL, EMN, LEG
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Airlines Group Inc (Symbol: AAL), where a total of 323,294 contracts have traded so far, representing approximately 32.3 million underlying shares. That amounts to about 65.9% of AAL's average daily trading ...
2021-03-12 00:00:00+00:00
AAL
Vale, Anglo American underline ESG issues as copper demand soars
By Marta Nogueira RIO DE JANEIRO, March 12 (Reuters) - Global miners such as Brazil's Vale, Anglo American PLc and Chile's Codelco said they expect demand for copper to strengthen in coming years on growing demand for environmentally friendly cars, while the mining industry reckons with questions about its own sustaina...
2021-03-11 00:00:00+00:00
AAL
Interesting AAL Put And Call Options For April 30th
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the April 30th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new April 30th contracts and identified one put and one call contract of particular interest...
2021-03-11 00:00:00+00:00
AAL
The American Airlines Stock Rebound Is Far From Over
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The rollout of the Covid-19 vaccine in the United States and worldwide is giving the airline industry hope. American Airlines Group (NASDAQ:AAL) stock outperformed the major indexes for the first two months of the year. Source: GagliardiPhotography / Shutte...
2021-03-11 00:00:00+00:00
AAL
UK shares inch higher; HSBC, AstraZeneca cap gains
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Miners top gainers on FTSE 100 * Housing market slowed in February * IG Group jumps on strong results * FTSE 100 up 0.2%, FTSE 250 adds 0.6% (Updates to close) By Shivani Kumaresan and ...
2021-03-11 00:00:00+00:00
AAL
Why UAL Stock Will Continue to Fly High
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since early February, United Airlines (NASDAQ:UAL) has been in rally mode. It’s all about the so-called “reopening” trade and it is having a widespread impact across the whole sector, as seen with companies like American Airlines (NASDAQ:AAL) and Southwest ...
2021-03-11 00:00:00+00:00
AAL
Ethiopian 737 MAX crash families set to obtain key Boeing documents
By Tracy Rucinski March 11 (Reuters) - Families of victims of the deadly 2019 Ethiopian Airlines jet crash may obtain as soon as Thursday Boeing's reports to U.S. regulators that helped keep its 737 MAX flying after a prior disaster with the same jet in Indonesia five months earlier. The National Transportation Safety ...
2021-03-10 00:00:00+00:00
AAL
American Airlines upsizes, prices $10 bln bond and loan offering
March 10 (Reuters) - American Airlines Group Inc upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty program, the carrier said on Wednesday. The offering consists of $6.5 billion of high-yield bonds and $3.5 billion of leveraged loans, American Airlines said. The company said it...
2021-03-10 00:00:00+00:00
AAL
U.S. extends $14 billion lifeline to airlines in third government aid package
By David Shepardson and Tracy Rucinski WASHINGTON, March 10 (Reuters) - U.S. lawmakers on Wednesday gave final approval to a new $14 billion payroll assistance package to U.S. airlines as part of a COVID-19 relief bill, the third round of government support to the struggling sector since March 2019. With the latest six...
2021-03-10 00:00:00+00:00
AAL
Southwest Airlines Keeps Expanding to New Cities
With air travel demand remaining depressed relative to pre-pandemic levels, Southwest Airlines (NYSE: LUV) has made route map expansion a core recovery strategy. Rather than trying to deploy more capacity in existing markets where demand won't fully recover for a while, the low-fare airline giant is entering new market...
2021-03-09 00:00:00+00:00
AAL
Looking For Trending Stocks Today? 4 Reopening Stocks To Watch
Top Reopening Stocks To Watch As Big Tech Continues To Underperform If there’s one trend that has continued building interest in the stock market today, it’s been that of reopening stocks. Originally coined by Fundstrat’s Tom Lee early in the pandemic, “reopening stocks” are companies that were hit hardest by the coron...
2021-03-09 00:00:00+00:00
AAL
Should You Sell JetBlue Stock After The Recent Rally?
The shares of JetBlue Airways (NASDAQ: JBLU) have rallied 30% in the past twenty-one days almost reaching pre-Covid levels, driven by the second round of payroll support by the U.S. government and the recent surge in passenger numbers at TSA checkpoints. Will JBLU stock sustain its value or observe a downside? Consider...
2021-03-09 00:00:00+00:00
AAL
Miners weigh on European stocks after best day in four months
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window March 9 (Reuters) - European shares slipped on Tuesday after posting their best session in four months, as a retreat in commodity prices pressured miners. The pan-European STOXX 600 .STOXX was down 0.1% in early d...
2021-03-09 00:00:00+00:00
AAL
European stocks extend gains on support from oil, utilities
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * STOXX 600 up 0.3% * Continental drops after downbeat 2021 outlook * Pandora reports organic sales growth in February (Adds comment, details; Updates market prices) By Sruthi Shankar and Devik Jain March 9 (Reu...
2021-03-08 00:00:00+00:00
AAL
Breakingviews - Capital Calls: American swaps debt for freedom
Reuters Reuters NEW YORK (Reuters Breakingviews) - Concise insights on global finance in the Covid-19 era. ------------------------------------------------- DOWNGRADE. American Airlines badly wants to shake its Covid-19 legacy. The Texas-based airline is selling $5 billion in notes and raising $2.5 billion more by ho...
2021-03-08 00:00:00+00:00
AAL
Why Airline Shares Are Taking Off Again Today
What happened The "reopening trade" is on again on Monday, with investors encouraged by the progress of the stimulus bill and hopes that the pandemic will soon be behind us. Airlines and other sectors that were beaten down as the virus spread last year are in rally mode, with shares of Mesa Air Group (NASDAQ: MESA) up ...
2021-03-08 00:00:00+00:00
AAL
American Airlines Taps Private Debt Market to Repay Government Loans
American Airlines Group (NASDAQ: AAL) said on Monday it will offer $5 billion in notes to pay down a loan issued by the U.S. Treasury, part of the airline's recovery following the COVID-19 crisis. The airline said it would offer $2.5 billion in notes due in 2026 and an equal amount due in 2029, while also entering into...
2021-03-08 00:00:00+00:00
AAL
Namibia’s marine diamond miner’s production hit by COVID-19, drops 13% in 2020
WINDHOEK, March 8 (Reuters) - Debmarine Namibia, a subsidiary of Anglo American's AAL.L diamond unit De Beers, on Monday reported a 13% drop in production to 1.125 million carats last year as demand slumped during the COVID-19 pandemic. Namibia has the richest known marine diamond deposits in the world, and is among th...
2021-03-08 00:00:00+00:00
AAL
American Airlines to offer $5 bln in notes to repay government debt
Adds details on offering March 8 (Reuters) - American Airlines Group Inc AAL.O said on Monday it intends to privately offer notes worth about $5 billion to pay down government debt. The U.S. airline, which has been hard hit by the COVID-19 pandemic, would also enter into a $2.5 billion term loan credit facility backed ...
2021-03-08 00:00:00+00:00
AAL
Banks, mining stocks lift UK shares as lockdown begins to ease
By Shivani Kumaresan and Amal S March 8 (Reuters) - British stocks ended higher on Monday, led by gains in banks and mining stocks as optimism around a swifter economic recovery and the easing of a stringent lockdown lifted spirits. The blue-chip FTSE 100 index .FTSE ended up 1.3%, with bank stocks, HSBC Holdings HSBA....
2021-03-05 00:00:00+00:00
AAL
Why Airline Shares Fell Today
What happened Airline stocks have been among the big winners so far in 2021, but Friday was not a good day for the sector. Shares of American Airlines Group (NASDAQ: AAL), Delta Air Lines (NYSE: DAL), United Airlines Holdings (NASDAQ: UAL), Southwest Airlines (NYSE: LUV), Spirit Airlines (NYSE: SAVE), and JetBlue Airwa...
2021-03-04 00:00:00+00:00
AAL
Why Airline Shares Are Down Today
What happened The airlines ran into a patch of turbulence on Thursday, zapping some of the momentum the sector has enjoyed in recent weeks. It's too soon to declare the "reopening trade" over, but it wasn't a good day to be investing based on expectations that COVID-19 would soon be in the rearview mirror. Leading the ...
2021-03-04 00:00:00+00:00
AAL
Here’s How to Trade American Airlines Stock at its Highs
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The great rate scare of 2021 is trampling tech stocks and other high growth areas. But I’ll tell you who it isn’t hurting – airlines. American Airlines (NASDAQ:AAL) took off last month, and it hasn’t stopped ascending since. While it’s true, the recent mark...
2021-03-04 00:00:00+00:00
AAL
The One Quote That Should Terrify United Airlines Stock Owners
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Back of the envelope, there’s an intriguing case for United Airlines (NASDAQ:UAL) at the moment. Back in 2019, before the novel coronavirus pandemic arrived, United earned more than $12 per share (on an adjusted basis). Right now, UAL stock trades at $54. S...
2021-03-03 00:00:00+00:00
AAL
American Airlines to launch first employee vaccine site at Chicago's O'Hare
March 3 (Reuters) - American Airlines AAL.O will on Thursday begin providing employees with a limited supply of Johnson & Johnson's JNJ.N single-shot COVID-19 vaccine at Chicago's O'Hare airport, according to a letter sent to Chicago-based employees. An American Airlines spokeswoman said O'Hare is the first airport whe...
2021-03-03 00:00:00+00:00
AAL
Why American Airlines Stock Gained Altitude in February
What happened Shares of American Airlines Group (NASDAQ: AAL) soared 22% higher in February, according to data provided by S&P Global Market Intelligence, as investors continue to gain confidence that the worst of the pandemic is now behind us. So what American and other airline stocks had a difficult time in 2020. The...
2021-03-03 00:00:00+00:00
AAL
Why American Airlines Stock Is Up Today
What happened The White House provided an upbeat vaccine forecast on Tuesday night, pushing airline stocks higher on Wednesday. American Airlines Holdings (NASDAQ: AAL) is leading the charge, up as much as 5% on Wednesday. So what American and other airlines suffered through a difficult year in 2020. The pandemic cause...
2021-03-02 00:00:00+00:00
AAL
Chile's Codelco copper output jumps in January, Escondida dips
By Fabian Cambero SANTIAGO, March 2 (Reuters) - Copper production at Chile's largest mines was mixed in January, as strong output at state mining giant Codelco was offset by weaker results at the huge Escondida mine, official figures released on Tuesday showed The state-run Chilean Copper Commission (Cochilco) reported...
2021-03-02 00:00:00+00:00
AAL
Angola seeks to boost diamond output, negotiating with major players
By Sergio Goncalves LISBON, March 2 (Reuters) - Angola plans to boost diamond mining and open a new large mine in the east, aiming to produce 5.7 million carats there in 2023, or more than half of its total output last year, Mineral Resources and Petroleum minister Diamantino Azevedo said. In an interview with Reuters,...
2021-03-02 00:00:00+00:00
AAL
U.S airlines remain in 'dire straits,' need new government assistance -industry group
By David Shepardson and Tracy Rucinski WASHINGTON, March 2 (Reuters) - The head of a group representing major U.S. passenger airlines and a senior union official made the case to lawmakers on Tuesday for a third round of federal government assistance, according to testimony seen by Reuters. Since March 2020, Congress h...
2021-03-02 00:00:00+00:00
AAL
FOCUS-U.S. budget airlines plot pandemic breakthrough
By Tracy Rucinski PALM COAST, Fla., March 2 (Reuters) - The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing. As legacy airlines shrink to contain costs, budget carriers Spirit Airlines SAVE.N, Allegiant Travel ALGT.O and privately-owned Frontier Airlines are resuming ...
2021-03-02 00:00:00+00:00
AAL
Defying Buffett, American Airlines Stock Looks To Do Quite Well in 2021
InvestorPlace - Stock Market News, Stock Advice & Trading Tips American Airlines (NASDAQ:AAL) is in the middle of a recovery from the devastating travel downturn last year. The market always looks well into the future in these kinds of turnaround situations. So far this year, AAL stock is already up almost 33% as of Fe...
2021-03-02 00:00:00+00:00
AAL
U.S airlines remain in 'dire straits,' needs new government assistance -- industry group
By David Shepardson and Tracy Rucinski WASHINGTON, March 2 (Reuters) - The head of a group representing major U.S. passenger airlines and a senior union official will make the case Tuesday to lawmakers for a third round of government assistance, according to testimony seen by Reuters. Since March 2020, Congress has awa...
2021-03-01 00:00:00+00:00
AAL
Why Airline Stocks Are Up Today
What happened Airline shares gained altitude on Monday thanks to a series of positive signs concerning the industry's post-pandemic recovery. United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), and Spirit Airlines (NYSE: SAVE) led the way higher, each up more than 5% at one point on Monday. S...
2021-03-01 00:00:00+00:00
AAL
US STOCKS-Wall Street rallies as Treasury yields stabilize
By Noel Randewich March 1 (Reuters) - Wall Street surged on Monday as bond markets calmed after a month-long selloff, while another COVID-19 vaccine getting U.S. approval and fiscal stimulus bolstered expectations of a swift economic recovery. Johnson & Johnson JNJ.Nshares rose as it began shipping its single-dose vacc...
2021-03-01 00:00:00+00:00
AAL
Notable Monday Option Activity: LMT, MO, AAL
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Lockheed Martin Corp (Symbol: LMT), where a total of 10,172 contracts have traded so far, representing approximately 1.0 million underlying shares. That amounts to about 56.5% of LMT's average daily trading volu...
2021-03-01 00:00:00+00:00
AAL
US STOCKS-S&P 500 rallies, on track for best one-day rise since June
By Noel Randewich March 1 (Reuters) - The S&P 500 surged on Monday and was headed for its biggest one-day gain since June as bond markets calmed after a month-long selloff, while developments on COVID-19 vaccines and fiscal stimulus bolstered expectations of a swift economic recovery. Johnson & Johnson JNJ.N rose almos...
2021-03-01 00:00:00+00:00
AAL
US STOCKS-Wall St jumps on J&J vaccine cheer, stimulus optimism
By Medha Singh and Shashank Nayar March 1 (Reuters) - Wall Street's major averages rose 1.5% on Monday as bond markets calmed after a month-long selloff, while encouraging updates on the vaccine and stimulus fronts strengthened bets over a swift economic recovery. Shares of cruise liner and hotel operators, and carrier...
2021-03-01 00:00:00+00:00
AAL
US STOCKS-Wall St set for higher open on J&J vaccine cheer, stimulus optimism
By Medha Singh and Shashank Nayar March 1 (Reuters) - Wall Street's major averages were set to open sharply higher on Monday as bond markets calmed after a month-long selloff, while encouraging updates on the vaccine and stimulus fronts strengthened bets over a swift economic recovery. Shares of cruise liner and hotel ...
2021-03-01 00:00:00+00:00
AAL
The Top 50 Robinhood Stocks in March
Recently, the investment community marked one year since stock market volatility went off the charts. We witnessed the fastest decline of at least 30% in the S&P 500's history, as well as a brief period where West Texas Intermediate crude oil futures turned negative. While much of the investment community stood in awe ...
2021-03-01 00:00:00+00:00
AAL
US STOCKS-S&P 500 set for best day in nine months on vaccine, stimulus cheer
By Medha Singh and Shashank Nayar March 1 (Reuters) - The S&P 500 on Monday was headed for its best day since June 5 as bond markets calmed after a month-long selloff, while encouraging updates on COVID-19 vaccines and fiscal stimulus bolstered bets over a swift economic recovery. The Dow was on pace for its best daily...
2021-02-28 00:00:00+00:00
AAL
Should The Rally Continue In Alaska Air Group Stock?
The shares of Alaska Air Group (NYSE: ALK) have rallied 20% in the past month reaching the pre-Covid level as the U.S. government granted a second round of payroll support to airlines. Interestingly, the shares of popular online travel company Expedia (NASDAQ: EXPE) have shot beyond February 2020 highs despite the near...
2021-02-26 00:00:00+00:00
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Coal miner Cerrejon says reached deal with indigenous community on environment, health
Adds comment from lawyer rejecting deal BOGOTA, Feb 26 (Reuters) - Colombian coal mine Cerrejon said on Friday it has signed an agreement with a Wayuu indigenous community to comply with court-ordered environmental and health requirements. The Provincial community in La Guajira has long argued with the company, which i...
2021-02-26 00:00:00+00:00
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Airline CEOs urge White House support for greener aviation fuel
By David Shepardson and Tracy Rucinski WASHINGTON, Feb 26 (Reuters) - The CEOs of American Airlines AAL.O, United Airlines UAL.O and Delta Air Lines DAL.N and other airline officials met virtually with White House officials Friday to discuss tackling aviation pollution and urge U.S. support for greener aviation fuel. U...
2021-02-26 00:00:00+00:00
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United Airlines to pay $49.5 mln to settle U.S. international mail contract probe
By David Shepardson WASHINGTON, Feb 26 (Reuters) - United Airlines UAL.O agreed to pay $49.5 million to resolve criminal charges and civil claims relating to fraud on Postal Service contracts for transportation of international mail, the U.S. Justice Department said Friday. "United defrauded the U.S. Postal Service by ...
2021-02-26 00:00:00+00:00
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Pre-Market Most Active for Feb 26, 2021 : AMC, SQQQ, QQQ, GME, NIO, PLTR, CCIV, SOS, AAPL, TQQQ, AAL, TSLA
The NASDAQ 100 Pre-Market Indicator is up 105.9 to 12,934.21. The total Pre-Market volume is currently 31,508,157 shares traded. The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is -0.08 at $8.21, with 6,041,755 shares traded. AMC's current last sale is 205.2...
2021-02-25 00:00:00+00:00
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Interesting AAL Put And Call Options For April 9th
Investors in American Airlines Group Inc (Symbol: AAL) saw new options become available today, for the April 9th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAL options chain for the new April 9th contracts and identified one put and one call contract of particular interest. ...
2021-02-25 00:00:00+00:00
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Pre-Market Most Active for Feb 25, 2021 : AMC, GME, NOK, CCIV, EXPR, PLTR, ASRV, SQQQ, LI, QQQ, AAL, AAPL
The NASDAQ 100 Pre-Market Indicator is down -87.4 to 13,214.79. The total Pre-Market volume is currently 31,817,491 shares traded. The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is +1.3 at $10.39, with 26,065,570 shares traded. Business Wire Reports: AMC Co...
2021-02-25 00:00:00+00:00
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Anglo American boosts 2020 dividends as metals prices climb
Adds detail LONDON, Feb 25 (Reuters) - Anglo American AAL.L posted a slight fall in profits for 2020 but boosted dividends after strong commodity prices helped the diversified miner recover from coronavirus disruptions suffered in its first half. Underlying earnings before interest, tax, depreciation and amortisation (...
2021-02-24 00:00:00+00:00
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EXCLUSIVE-Major U.S. airline CEOs to meet Friday with White House on reducing emissions
WASHINGTON, Feb 24 (Reuters) - The chief executives of major U.S. airlines are set to meet virtually with two key White House advisers Friday about efforts to decarbonize airplane travel, five people briefed on the matter told Reuters. The CEOs of American Airlines AAL.O, United Airlines UAL.O, Delta Air Lines DAL.N an...
2021-02-24 00:00:00+00:00
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Why Airline Stocks Are Up Today
What happened It's another good day for airlines, with their stocks again gaining altitude as part of the so-called "reopening trade" as investors flock to companies that figure to benefit as the pandemic subsides. Shares of United Airlines Holdings (NASDAQ: UAL) were up as much as 10% on Wednesday, while shares of Ame...
2021-02-24 00:00:00+00:00
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EXCLUSIVE-U.S. airline CEOs to meet with White House on cutting carbon footprint
By David Shepardson, Jarrett Renshaw and Tracy Rucinski WASHINGTON, Feb 24 (Reuters) - The chief executives of major U.S. airlines are set to meet virtually with two key White House advisers on Friday about efforts to reduce carbon emissions and use renewable fuels, five people briefed on the matter told Reuters. The C...
2021-02-23 00:00:00+00:00
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Are These The Best Epicenter Stocks To Buy Right Now? 4 Names To Watch
These 4 Epicenter Stocks Have Been Trending In The Market This Year What are epicenter stocks? Originally coined by Fundstrat’s Tom Lee, “epicenter stocks” are companies that were hit hardest during the pandemic, but stand to benefit the most from an economic reopening. Now, it appears that new daily infections are on ...
2021-02-23 00:00:00+00:00
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Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits
By Tanisha Heiberg JOHANNESBURG, Feb 23 (Reuters) - South African miner Kumba Iron Ore KIOJ.J reported a 40% jump in annual profit on Tuesday and declared a strong dividend payout, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate during the year. Majority shareholder Anglo Am...
2021-02-22 00:00:00+00:00
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Noteworthy Monday Option Activity: AAL, ORCL, GS
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Airlines Group Inc (Symbol: AAL), where a total of 393,483 contracts have traded so far, representing approximately 39.3 million underlying shares. That amounts to about 61.1% of AAL's average daily trading ...
2021-02-22 00:00:00+00:00
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Why Airline Stocks Are Up Today
What happened Stocks were largely under pressure on Monday morning, but it was a good start to the week for the so-called reopening trade. A wide range of travel and entertainment stocks traded up on encouraging news concerning the rollout of a COVID-19 vaccine and growing hope things will be returning to normal soon. ...
2021-02-22 00:00:00+00:00
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Stock Markets Are Falling, but These 3 Once-Crushed Stocks Are at 52-Week Highs
The stock market opened the new week on a down note on Monday, although some portions of the market managed to avoid the full brunt of declines and clawed their way back over the course of the morning. Investors seem a bit nervous about volatility in the market overall, along with rising interest rates and oil prices t...
2021-02-22 00:00:00+00:00
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S&P 500 Movers: VTRS, PBCT
In early trading on Monday, shares of People's United Financial topped the list of the day's best performing components of the S&P 500 index, trading up 12.6%. Year to date, People's United Financial registers a 36.5% gain. And the worst performing S&P 500 component thus far on the day is Viatris, trading down 11.2%. V...
2021-02-22 00:00:00+00:00
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Pre-Market Most Active for Feb 22, 2021 : PLTR, PBR, XELB, CCIV, AAL, SOS, SQQQ, CAN, AMC, SAN, QQQ, OTIC
The NASDAQ 100 Pre-Market Indicator is down -162.81 to 13,417.97. The total Pre-Market volume is currently 40,360,256 shares traded. The following are the most active stocks for the pre-market session: Palantir Technologies Inc. (PLTR) is +0.88 at $29.88, with 10,781,117 shares traded. PLTR's current last sale is 199...
2021-02-19 00:00:00+00:00
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Omimex-owned fertilizer firm buys Brazil factory
By Ana Mano SAO PAULO, Feb 19 (Reuters) - Cibra, a fertilizer company majority owned by U.S.-based Omimex Resources Inc, has expanded its capacity in Brazil by buying a plant from Fertilizantes Heringer SA FHER3.SA for 55 million reais ($10.25 million), the companies said in statements on Friday. Cibra said it bought t...
2021-02-19 00:00:00+00:00
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Major U.S. airlines will voluntarily collect international contract tracing info
By David Shepardson WASHINGTON, Feb 19 (Reuters) - Major U.S. airlines on Friday said they would adopt a voluntary international contact tracing program, months after the White House under then-President Donald Trump blocked a mandatory effort. American Airlines AAL.O, Delta Air Lines DAL.N, Southwest Airlines LUV.N, U...
2021-02-19 00:00:00+00:00
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Airlines, renewables companies push Biden to make air travel greener
By Stephanie Kelly NEW YORK, Feb 19 (Reuters) - U.S airlines and renewables companies are lobbying the Biden administration to back a big increase in subsidies for lower-carbon aviation fuel, arguing new incentives are needed to help fight climate change and will also make their recovery from the pandemic much greener,...
2021-02-18 00:00:00+00:00
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American, JetBlue launch first phase of partnership even as investigations continue
By Tracy Rucinski Feb 18 (Reuters) - American Airlines Group Inc AAL.O and JetBlue Airways Corp JBLU.O said on Thursday they are launching the first phase of their partnership with codeshares on nearly 80 routes from New York and Boston. The joint announcement came even as the U.S. Department of Justice and attorneys g...
2021-02-18 00:00:00+00:00
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FTSE 100 flat as downbeat Barclays earnings offset gains in mining stocks
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 flat, FTSE 250 adds 0.3% Feb 18 (Reuters) - London's FTSE 100 was flat on Thursday as weakness in financial stocks on the back of a glum annual earnings report from Barclays offset gains in mining stocks,...
2021-02-18 00:00:00+00:00
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1 Effective Way Investors Can De-Risk Their Portfolios
Diversification should play an important role in any investor's strategy. But simply buying stocks from other industries isn't necessarily a guaranteed way to protect yourself from a market crash or downturn. American Airlines and Royal Caribbean are technically in different industries, but they're both struggling due ...
2021-02-16 00:00:00+00:00
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JetBlue pilots reject tentative agreement for American Airlines partnership
Feb 16 (Reuters) - JetBlue Airways' JBLU.O pilots have rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Airlines AAL.O, their union said in a statement on Tuesday. For any agreement to proceed, the Air Line Pilots Association said Jet...
2021-02-15 00:00:00+00:00
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Warren Buffett Made 3 Big Mistakes Recently -- Here's the Reason They Haven't Hurt Him
Few investors have been around as long as 90-year-old investing legend Warren Buffett. The person many call the Oracle of Omaha remains as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), a company he first started doing business with more than half a century ago. Buffett's lifelong track record has put the power...
2021-02-15 00:00:00+00:00
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Mining stocks power gains in Europe on recovery optimism
By Sagarika Jaisinghani Feb 15 (Reuters) - European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more U.S. stimulus fuelled optimism around a faster global economic recovery this year. The pan-European STOXX 600 .STOXX rose 0.7%, with Rio Tinto RIO.L, BHP Group BHP...
2021-02-12 00:00:00+00:00
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White House not mandating COVID-19 testing before domestic flights
WASHINGTON, Feb 12 (Reuters) - The White House said on Friday it was not planning to require passengers to get negative COVID-19 test results before U.S. domestic airline flights after the potential of new rules raised serious concerns among U.S. airlines, unions and some lawmakers. White House spokeswoman Jen Psaki sa...
2021-02-12 00:00:00+00:00
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White House meets with airline CEOs on COVID-19 travel issues
By David Shepardson WASHINGTON, Feb 12 (Reuters) - The chief executives of major U.S. airlines, including American Airlines AAL.O, Southwest Airlines LUV.N and United Airlines UAL.O, met virtually with the White House’s COVID-19 response coordinator on Friday amid airline concerns that new restrictions could be imposed...
2021-02-11 00:00:00+00:00
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U.S. House committee approves another $14 bln for pandemic-hit airlines
By Tracy Rucinski and David Shepardson Feb 11 (Reuters) - A U.S. House committee on Thursday approved a proposal to give airlines another $14 billion in payroll assistance as part of a broader COVID-19 relief package that is working its way through Congress. It would be the third round of support for the pandemic-hit i...