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2019-04-09 00:00:00+00:00
AAL
American Airlines trims first-quarter forecast for unit revenue
By Rachit Vats and Tracy Rucinski April 9 () - American Airlines Group Inc on Tuesday trimmed its first-quarter revenue forecast after cancelling more than 2,000 flights due to the global grounding of Boeing 737 MAX jets and problems with overhead bins in cabins of another Boeing jet that the airline was retrofitting. ...
2019-04-09 00:00:00+00:00
AAL
U.S. STOCKS ON THE MOVE-Apple, Boeing, Wynn Resorts, UnitedHealth, Cigna
The Day Ahead newsletter: The Morning News Call newsletter: U.S. stocks fell on Tuesday after President Donald Trump threatened to impose tariffs on European goods, while the IMF's downbeat outlook for global growth added to worries about an economic slowdown stemming from trade disputes. The top three S&P 500 percenta...
2019-04-09 00:00:00+00:00
AAL
American Airlines cuts first-quarter forecast for unit revenue
April 9 () - American Airlines Co Group Inc said on Tuesday its first-quarter revenue per available seat mile would be below its previous forecast due to the groundings of Boeing 737 MAX planes and the U.S. government shutdown. The airline said it the closely followed measure of airline performance to be flat to up 1 p...
2019-04-09 00:00:00+00:00
AAL
U.S. STOCKS ON THE MOVE-Boeing, Wynn Resorts, UnitedHealth, Walt Disney,
The Day Ahead newsletter: The Morning News Call newsletter: U.S. stocks fell on Tuesday after President Donald Trump threatened tariffs on European goods, while a cut in the IMF's global growth forecast fanned worries of a slowdown. At 13:28 ET, the Dow Jones Industrial Average was down 0.67 percent at 26,164.98. The S...
2019-04-09 00:00:00+00:00
AAL
American Airlines trims quarterly unit revenue forecast, shares fall 3 pct
By Rachit Vats and Tracy Rucinski April 9 () - American Airlines Group Inc on Tuesday trimmed its first-quarter revenue forecast after cancelling more than 2,000 flights due to the global grounding of Boeing 737 MAX jets and problems with overhead bins in cabins of another Boeing jet that the airline was retrofitting. ...
2019-04-09 00:00:00+00:00
AAL
US STOCKS-Wall Street falls as trade, global growth concerns resurface
(For a live blog on the U.S. stock market, click LIVE/ ortype LIVE/ in a news window) * Boeing drops after deliveries sink in Q1 * U.S. threatens tariffs on European goods * Indexes down: Dow 0.56%, S&P 0.40%, Nasdaq 0.19% (Adds comments, updates prices) By Sruthi Shankar and Shreyashi Sanyal April 9 (Reuters) - U.S. s...
2019-04-09 00:00:00+00:00
AAL
Wall Street falls as trade, global growth concerns resurface
By Sruthi Shankar and Shreyashi Sanyal April 9 () - U.S. stocks fell on Tuesday after President Donald Trump threatened tariffs on European goods, while a cut in the IMF's global growth forecast fanned worries of a slowdown. Trade-sensitive industrial stocks were among the worst hit, dropping 1.15%, followed by losses ...
2019-04-09 00:00:00+00:00
AAL
Airline Stock Roundup: AAL Gives Update on MAX 737 Grounding, HA, LUV in Focus
In the past week, American Airlines AAL extended the grounding period of Boeing 737 Max jets untill Jun 5, 2019. Currently, the carrier has 24 such jets in its fleet. The company is awaiting further notifications on the issue from U.S. regulators. Meanwhile, Southwest Airlines LUV received encouraging tidings on the la...
2019-04-09 00:00:00+00:00
AAL
Wall St falls on renewed trade tensions, slowdown angst
By Stephen Culp NEW YORK, April 9 () - Wall Street lost ground on Tuesday as tariff tensions between the United States and its European trading partners went from simmer to boil and the IMF cut its global growth outlook. All three major stock indexes were in the red, with the S&P 500 poised to snap its eight-day rally....
2019-04-09 00:00:00+00:00
AAL
US STOCKS-Wall St drops on U.S. trade tensions with EU, IMF global outlook
(For a live blog on the U.S. stock market, click LIVE/ ortype LIVE/ in a news window) * U.S. threatens tariffs on European goods * IMF cuts growth forecast for 2019 * Boeing drops after deliveries sink in Q1 * Indexes down: Dow 0.72%, S&P 0.61%, Nasdaq 0.56% (Updates to market close) By Stephen Culp NEW YORK, April 9 (...
2019-04-09 00:00:00+00:00
AAL
American Airlines Cuts Q1 Total Revenue Per Available Seat Mile Outlook
(RTTNews) - American Airlines Group Inc (AAL) said that it now expects its first quarter total revenue per available seat mile or TRASM to be approximately flat to up 1.0 percent year-over-year compared to its previous guidance of flat to up 2.0 percent. The change was due primarily to the impact of the government shut...
2019-04-09 00:00:00+00:00
AAL
Wall St drops on U.S. trade tensions with EU, IMF global outlook
By Stephen Culp NEW YORK, April 9 () - Trade-sensitive industrials dragged Wall Street lower on Tuesday as tensions over tariffs between the United States and its European trading partners went from simmer to boil and the IMF lowered its global growth outlook. All three major U.S. stock indexes finished the session in ...
2019-04-08 00:00:00+00:00
AAL
Notable Monday Option Activity: AAL, MED, FCX
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Airlines Group Inc (Symbol: AAL), where a total volume of 31,126 contracts has been traded thus far today, a contract volume which is representative of approximately 3.1 million underlying shar...
2019-04-08 00:00:00+00:00
AAL
Should You Invest in Airline Stocks?
Most airline stocks have not rewarded their shareholders well in the first quarter of 2019. With the second crash of Boeing’s (NYSE:) 737 MAX, dark clouds have also rolled in over the industry. However, Q2 is likely to bring more cheer for investors in this area, which presents some interesting opportunities for invest...
2019-04-08 00:00:00+00:00
AAL
Delta Stock is Gaining Altitude Heading Into Earnings
Wednesday morning’s first-quarter earnings report from Delta Air Lines (NYSE:) should be a good one. Granted, that’s not a stretch to say, given the company’s Q1 preview posted a week ago … an announcement that sent DAL stock up a solid 6% that day, and has tacked on additional gains in the meantime. Source: Still, an ...
2019-04-07 00:00:00+00:00
AAL
American Airlines Extends Boeing 737 MAX Flight Cancellations Through June 5
(RTTNews) - American Airlines Group (AAL) announced Sunday that it has extended cancellations of 90 flights each day through June 5 due to the grounding of Boeing 737 Max aircraft following two deadly crashes. On March 24, American Airlines said it had canceled flights through April 24. By proactively canceling these f...
2019-04-06 00:00:00+00:00
AAL
Why American Airlines Group Stock Dropped 10.9% in March
What happened Shares of American Airlines Group (NASDAQ: AAL) lost 10.86% in value last month, according to data from S&P Global Market Intelligence. Last year was a tough one for American Airlines, as higher fuel prices pressured profits. Toward the end of 2018, oil prices pulled back, but some analysts are concerned ...
2019-04-05 00:00:00+00:00
AAL
American Airlines Stock Has Some Hope on the Horizon
The stock market has made a sharp recovery off its December lows. The nasty sentiment that ruled Wall Street last year has flipped on its head and the indices are back near all-time highs. Even the iShares Transportation Average ETF (BATS:) is within 8% of its all-time highs. Yet, American Airlines (NASDAQ:) stock is o...
2019-04-04 00:00:00+00:00
AAL
Thursday’s Vital Data: American Airlines, Advanced Micro Devices and Twitter
U.S. stock futures are flashing red this morning, suggesting the five-day buying binge may finally be ready to pause. If it does, it will be a well-deserved breather. Swing traders who bought the dip a week ago have enjoyed a relatively pain-free ride to profits. In early morning trading, futures on the Dow Jones Indus...
2019-04-04 00:00:00+00:00
AAL
Ethiopian crash report highlights sensors, software, leaves questions
By Jason Neely and Eric M. Johnson ADDIS ABABA/SEATTLE, April 4 () - Faulty sensor readings and multiple automatic commands to push down the nose of a Boeing plane contributed to last month's fatal crash in Ethiopia, leaving the crew struggling to regain control, according to a preliminary accident report. The first su...
2019-04-03 00:00:00+00:00
AAL
Delta Up 6% on Bullish Q1 View, Extends American Express Deal
Delta Air Lines, Inc . DAL has provided an upbeat outlook for its upcoming first-quarter-2019 earnings following which, shares of the company closed at 6% higher in yesterday's trading session. The carrier estimates adjusted earnings per share in the band of 85-95 cents, higher than the prior guidance of 70-90 cents. T...
2019-04-03 00:00:00+00:00
AAL
What to Expect from Boeing's (BA) Q1 Earnings Amid 737 MAX Headwinds
Shares of Boeing BA have fallen over 8% since a 737 MAX aircraft was involved in a deadly Ethiopian Airlines crash. The aerospace giant's stock slipped 1.5% again Wednesday as new reports surfaced that suggest the pilots followed Boeing's emergency steps to combat a sudden downturn of the nose. With that said, until al...
2019-04-02 00:00:00+00:00
AAL
4 Airline Stocks Ready to Take Flight
U.S. equities are consolidating on Tuesday, pausing for breath after a powerful rally on Monday driven by a turnaround in Chinese manufacturing activity. The market continues to focus on the action over in recently IPOed Lyft (NASDAQ:), which is breaking down from its debut price because — surprise, surprise — its actu...
2019-04-02 00:00:00+00:00
AAL
Why American Airlines Stock Has Been Cleared for Takeoff
What do you do with a stock that has been grounded during an extraordinary rally in the broader averages? If it’s American Airlines (NASDAQ:) stock, investors should buy is and prepare for a technical-driven takeoff. Let me explain. Source: Since briefly flying to fresh all-time-highs back in January 2018 after a three...
2019-04-02 00:00:00+00:00
AAL
Delta Air Lines expects first-quarter profit above Wall Street estimates
April 2 () - Delta Air Lines Inc shares rose 7 percent on Tuesday after the No.2 U.S. airline raised its first-quarter profit estimate on the back of strong business travel demand. The news boosted shares of rivals, with United Airlines, American Airlines and Southwest Airlines Co all up between 1 percent and 3 percent...
2019-04-01 00:00:00+00:00
AAL
Notable Monday Option Activity: HD, LOW, AAL
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Home Depot Inc (Symbol: HD), where a total of 36,315 contracts have traded so far, representing approximately 3.6 million underlying shares. That amounts to about 81.3% of HD's average daily trading volume over the p...
2019-04-01 00:00:00+00:00
AAL
U.S. airlines back up after second system glitch in a week
April 1 () - Major U.S. airlines were back up and running on Monday after a system-wide outage delayed hundreds of flights and fired-up customer complaints on social media, the second such disruption in a week. The Federal Aviation Administration said the root of the problem was caused by the program provided by Scotts...
2019-04-01 00:00:00+00:00
AAL
Insiders Buy the Holdings of MGV ETF
A look at the weighted underlying holdings of the Vanguard Mega Cap Value ETF (Symbol: MGV) shows an impressive 12.4% of holdings on a weighted basis have experienced insider buying within the past six months. Williams Cos Inc (Symbol: WMB), which makes up 0.34% of the Vanguard Mega Cap Value ETF (Symbol: MGV), has see...
2019-04-01 00:00:00+00:00
AAL
FAA says glitch fixed, U.S. airlines back up
April 1 () - U.S. airlines were back in operation on Monday after a series of system-wide outages delayed flights and fired-up customer complaints on social media. The Federal Aviation Administration said the problem was caused by the Aerodata airplane planning weight and balance program. The agency issued a statement ...
2019-04-01 00:00:00+00:00
AAL
U.S. airlines hit by system-wide outages
April 1 () - U.S. airlines were hit by system-wide computer outages on Monday related to problems with the Aerodata planning weight and balance program, the Federal Aviation Administration said. After reporting problems along with several major peers, however, Southwest Airlines Co said on Twitter that it had received ...
2019-03-31 00:00:00+00:00
AAL
Regulators knew before crashes that 737 MAX trim control was confusing in some conditions
By Jamie Freed SINGAPORE, March 29 () - U.S. and European regulators knew at least two years before a Lion Air crash that the usual method for controlling the Boeing 737 MAX's nose angle might not work in conditions similar to those in two recent disasters, a document shows. The European Aviation and Space Agency (EASA...
2019-03-29 00:00:00+00:00
AAL
American Airlines Stock Is Poised for Liftoff After Crash Landing
Shares of American Airlines (NYSE:) have certainly struggled to start the year. Although the S&P 500 is off to a flying start in 2019, AAL stock is actually lower so far this year. This follows on the heels of a terrible 2018 when American Airlines stock dropped 35%. While some of the weakness is warranted due to highe...
2019-03-29 00:00:00+00:00
AAL
Southwest Airlines Stock Will Bottom Out Very Soon
It hasn’t been a great year for Southwest Airlines Co. (NYSE: ) Southwest Airlines stock has had it’s problems, but so have many airline stocks. Source: Airline stocks started in a downward trend since January 2019 for an assortment of reasons. A pair of crashes from the 737 MAX made by The Boeing Company (NYSE: ) did ...
2019-03-29 00:00:00+00:00
AAL
No call for simulators in new Boeing 737 MAX training proposals
By Eric M. Johnson, Alwyn Scott and Allison Lampert SEATTLE/NEW YORK, March 28 () - Boeing Co said it will submit by the end of this week a training package that 737 MAX pilots are required to take before a worldwide ban can be lifted, proposing as it did before two deadly crashes that those pilots do not need time on ...
2019-03-29 00:00:00+00:00
AAL
Cost of Boeing groundings rises as TUI takes $200 mln-plus hit
By Georgina Prodhan and David Shepardson FRANKFURT/WASHINGTON, March 29 () - Anglo-German tour operator TUI became the latest Boeing 737 MAX operator to warn of a hit to its profits as the U.S. planemaker moved to restore confidence in its best-selling model after two fatal crashes that have grounded the planes worldwi...
2019-03-29 00:00:00+00:00
AAL
Regulators knew before crashes that 737 MAX trim control was confusing in some conditions
By Jamie Freed SINGAPORE, March 29 () - U.S. and European regulators knew at least two years before a Lion Air crash that the usual method for controlling the Boeing 737 MAX's nose angle might not work in conditions similar to those in two recent disasters, a document shows. The European Aviation and Space Agency (EASA...
2019-03-28 00:00:00+00:00
AAL
Palladium hits 5-week low as investors book profits after stellar run
By Swati Verma March 28 () - Palladium fell to a more than five-week low on Thursday, a day after posting its steepest decline in over two years, as concerns about the global economy and a buoyant dollar prompted investors to take profit after a recent record run. Spot palladium fell 0.4 percent to $1,438.08 per ounce ...
2019-03-28 00:00:00+00:00
AAL
U.S. STOCKS ON THE MOVE-PVH Corp, Accenture, Nielsen Holdings, Verizon
The Day Ahead newsletter: The Morning News Call newsletter: At 10:25 ET, the Dow Jones Industrial Average was up 0.33 percent at 25,711.07. The S&P 500 was up 0.43 percent at 2,817.47 and the Nasdaq Composite was up 0.50 percent at 7,681.328. The top three S&P 500 percentage gainers: ** PVH Corp, up 17.3 pct ** Accentu...
2019-03-28 00:00:00+00:00
AAL
PRECIOUS-Palladium hits 5-week low as investors book profits after stellar run
* Spot gold hits 1-week low * Palladium drops to $1,433.38/oz, lowest since Feb. 18 * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Adds comments, background; updates prices) By Swati Verma March 28 (Reuters) - Palladium prices fell to a more than5-week low on Thursday, a day after posting its steepest declinei...
2019-03-28 00:00:00+00:00
AAL
U.S. STOCKS ON THE MOVE-PVH Corp, Movado Group, Lululemon Athletica, Proteon Therapeutics
The Day Ahead newsletter: The Morning News Call newsletter: Wall Street's main indexes were set for a subdued opening on Thursday, as investors awaited more details on the progress in U.S.-China trade negotiations amid lingering fears of slowing economic growth. At 9:19 ET, Dow e-minis were up 0.09 percent at 25,684. S...
2019-03-28 00:00:00+00:00
AAL
PRECIOUS-Palladium slumps 6 pct as slide from record high gathers steam
* Palladium hits low of $1,356.75/oz, weakest since Feb. 4 * Prices now down more than $250/oz from last week's recordhigh * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices, adds comment) March 28 (Reuters) - Palladium fell nearly 6 percent onThursday, extending the previous day's sharp losses as c...
2019-03-28 00:00:00+00:00
AAL
Palladium extends losses, hits 5-wk low as investors book profits
By Swati Verma March 28 () - Palladium fell to a more than five-week low on Thursday, a day after posting its steepest decline in over two years, as concerns about the global economy and a buoyant dollar prompted investors to take profit after a recent record run. Spot palladium fell 0.4 percent to $1,438.08 per ounce ...
2019-03-28 00:00:00+00:00
AAL
PRECIOUS-Palladium extends losses, hits 5-wk low as investors book profits
* Spot gold hits 1-week low * Palladium hits session low of $1,430.69/oz, lowest sinceFeb. 18 * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices) By Swati Verma March 28 (Reuters) - Palladium prices fell to a more thanfive-week low on Thursday, a day after posting their steepestdecline in over two y...
2019-03-28 00:00:00+00:00
AAL
Palladium slumps 6 pct as slide from record high gathers steam
By Sumita Layek March 28 () - Palladium fell nearly 6 percent on Thursday, extending the previous day's sharp losses as concerns that an economic slowdown could dent demand and a weak technical picture pushed investors to book profits after a record run. Spot palladium fell 5.5 percent to $1,364 per ounce by 1347 GMT, ...
2019-03-28 00:00:00+00:00
AAL
Palladium falls 2 pct to six-week low, sliding further from record
By Sumita Layek March 28 () - Palladium fell nearly 6 percent on Thursday, extending the previous day's sharp losses as concerns that an economic slowdown could dent demand and a weak technical picture pushed investors to book profits after a record run. Spot palladium fell 5.5 percent to $1,364 per ounce by 1347 GMT, ...
2019-03-28 00:00:00+00:00
AAL
U.S. STOCKS ON THE MOVE-PVH Corp, Accenture, Nielsen Holdings, Verizon Communications, Lululemon Athletica
The Day Ahead newsletter: The Morning News Call newsletter: Wall Street's main indexes swung between gains and losses on Thursday, as optimism fueled by progress in U.S.-China trade talks was clouded by fears of an economic slowdown after a cut in fourth-quarter GDP growth. The top three S&P 500 percentage gainers: ** ...
2019-03-28 00:00:00+00:00
AAL
PRECIOUS-Palladium extends losses, hits 5-wk low as investors book profit
* Spot gold hits 1-week low * Palladium hits session low of $1,430.69/oz, lowest sinceFeb. 18 * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices, adds comments) By Swati Verma March 28 (Reuters) - Palladium fell to a more than five-weeklow on Thursday, a day after posting its steepest decline inover...
2019-03-28 00:00:00+00:00
AAL
Buffett says Apple content plan hard to predict, touts airline safety
By Jonathan Stempel March 28 () - Warren Buffett on Thursday said he could not predict the success of Apple Inc's new suite of services but was confident the public would benefit as content providers vie for their wallets. The billionaire chairman of Berkshire Hathaway Inc, which owns big stakes in the four largest U.S...
2019-03-27 00:00:00+00:00
AAL
Palladium tumbles 7 pct as stunning rally hits buffers
By K. Sathya Narayanan and Peter Hobson March 27 () - Palladium prices plummeted around 7 percent on Wednesday, the biggest daily percentage drop in more than two years, as investors worried that prices had risen too far too fast and breaks below technical levels triggered automatic selling. Palladium, used to curb har...
2019-03-27 00:00:00+00:00
AAL
Palladium slumps 6 pct; gold dips as dollar gains
By K. Sathya Narayanan and Peter Hobson March 27 () - Palladium prices plummeted around 7 percent on Wednesday, the biggest daily percentage drop in more than two years, as investors worried that prices had risen too far too fast and breaks below technical levels triggered automatic selling. Palladium, used to curb har...
2019-03-27 00:00:00+00:00
AAL
PRECIOUS-Palladium falls further on technical sell-off; gold firms
March 28 (Reuters) - Palladium fell further on Thursday, aday after the metal posted its biggest drop in more than twoyears on technical selling and profit-booking. Gold prices, meanwhile, edged higher as an inversion in theU.S. Treasury yield curve fanned fears of an economic slowdown. * Spot palladium XPD= was down 0...
2019-03-27 00:00:00+00:00
AAL
Southwest trims first quarter outlook after 737 MAX groundings
By Rachit Vats and Sanjana Shivdas March 27 () - Southwest Airlines Co on Wednesday was the first major U.S. airline to formally cut its financial outlook for the year after being forced to pull its new fleet of 34 Boeing 737 MAX planes out of service. The Dallas, Texas-based airline, which has struggled with maintenan...
2019-03-27 00:00:00+00:00
AAL
PRECIOUS-Palladium tumbles 7 pct as stunning rally hits buffers
* Palladium drops to $1,444.51/oz, lowest since Feb. 18 * Anglo American CEO calls palladium a "bubble" * Gold slips 0.4 percent to $1,310.56 /oz * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Updates throughout, adds quotes) By K. Sathya Narayanan and Peter Hobson March 27 (Reuters) - Palladium prices plummet...
2019-03-27 00:00:00+00:00
AAL
Boeing rolls out software fix to defend 737 MAX franchise
By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON, March 27 () - Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of an automated flight control system that is being scrutinized after two deadly crash...
2019-03-27 00:00:00+00:00
AAL
Boeing rolls out software fix to defend 737 MAX franchise, awaits U.S. regulator's approval
By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON, March 27 () - Boeing Co on Wednesday took its most aggressive moves yet to defend its core 737 airliner franchise, saying it had developed software fixes to prevent failures of an automated flight control system that is being scrutinized after two deadly crash...
2019-03-27 00:00:00+00:00
AAL
PRECIOUS-Palladium slumps 6 pct; gold dips as dollar gains
* Palladium drops to $1,451.78/oz, lowest since Feb. 18 * Palladium a "bubble," says Anglo American CEO * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl (Adds comments, background; updates prices) By Karthika Suresh Namboothiri March 27 (Reuters) - Palladium slumped 6 percent onWednesday as investors booked profi...
2019-03-26 00:00:00+00:00
AAL
U.S. to overhaul air safety oversight in response to two Boeing 737 MAX crashes
By David Shepardson and Eric M. Johnson WASHINGTON/SEATTLE, March 26 () - The U.S. aviation regulator will significantly change its oversight approach to air safety by July following two fatal Boeing Co MAX 737 passenger plane crashes, according to written congressional testimony seen by . At a U.S. Senate Commerce sub...
2019-03-25 00:00:00+00:00
AAL
Zacks.com featured expert Kevin Matras highlights: American Airlines, Atlas Air Worldwide, C&J Energy Services, Builders FirstSource and Dana
For Immediate Release Chicago, IL - March 25, 2019- Stocks in this week's article include American Airlines Group AAL , Atlas Air Worldwide Holdings AAWW , C&J Energy Services CJ , Builders FirstSource BLDR and Dana Inc. DAN . Kevin Matras screens for companies showing their 'first' profit and explains why they are one...
2019-03-25 00:00:00+00:00
AAL
BA Stock Remains a Strong Buy as Ethiopian Airlines Backs Boeing
Boeing BA shares had been on a bit of a decline before the deadly Ethiopian Airlines crash involving the aerospace power's 737 MAX aircraft. Despite the deadly incident and the current investigation into the cause of the Ethiopian crash, Boeing stock remains a strong buy and its shares popped over 1.2% Monday on the ba...
2019-03-24 00:00:00+00:00
AAL
Ethiopian Airlines questions Boeing's "aggressive" software
By Jason Neely ADDIS ABABA, March 24 () - An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about "aggressive" software that pushes a plane's nose down, a focus of investigation into a deadly crash in Ethiopia this month. Comments by the CEO and vice president of the airline this weekend ...
2019-03-22 00:00:00+00:00
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5 Stocks Basking in the Glory of Recent Analyst Upgrades
Proper guidance is often the difference between success and failure in life. The same holds true for the investing world. In the absence of proper guidance, identifying a winning stock is akin to searching for 'a needle in a haystack'. Proper guidance, as far as investing is concerned, comes from brokers, who are deeme...
2019-03-22 00:00:00+00:00
AAL
U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy
By David Shepardson and Cindy Silviana WASHINGTON/JAKARTA, March 22 () - A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five mont...
2019-03-22 00:00:00+00:00
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Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
By David Shepardson and Cindy Silviana WASHINGTON/JAKARTA, March 22 () - A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five mont...
2019-03-22 00:00:00+00:00
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Boeing to mandate safety feature in MAX software upgrade
By Cindy Silviana and Terje Solsvik JAKARTA/OSLO, March 22 () - Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets, it said on Friday, saying some passengers would be frightened to board the plane after two fatal crashes, although analysts said the deal had long been in doubt. The news...
2019-03-21 00:00:00+00:00
AAL
Allegiant Partners TPG for Sunseeker Resorts Development
Allegiant Travel CompanyALGT has entered into a strategic long-term partnership with TPG Sixth Street Partners for financing the development of Sunseeker Resorts Charlotte Harbor. The resort, planned by Allegiant Air, is expected to be the largest and most unique resort in the Punta Gorda area in southwest Florida. Per...
2019-03-21 00:00:00+00:00
AAL
Buy Boeing and Other Aerospace-Defense Stocks Despite Trade War Pull Back?
Aerospace-Defense Aerospace and Defense are far from mature with innovation being the bedrock for this industry. I see only growth for those companies leading in this space. Over the past year, this industry's equity prices have been up and down ending up close to flat for the year. I think that this underperforming in...
2019-03-21 00:00:00+00:00
AAL
Twilio Moves Up In Market Cap Rank, Passing American Airlines Group
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Twilio Inc (Symbol: TWLO) was identified as having a larger market cap than the smaller end of the S&P 500, for example American Airlines Group Inc (Symbol: AAL), according to The Online Investor . Market capitalization is an ...
2019-03-20 00:00:00+00:00
AAL
With 737 MAX grounded, airlines face daily scheduling challenges
By Tracy Rucinski and Allison Lampert CHICAGO/MONTREAL, March 20 () - U.S. and Canadian airlines that fly the roughly 175-seat aircraft face a logistical challenge: which flights to cancel and which to cover with other planes following the global grounding of Boeing Co's 737 MAX jets. Southwest Airlines Co and American...
2019-03-20 00:00:00+00:00
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S.African court rules extension of wage agreement to AMCU valid and lawful
JOHANNESBURG, March 20 () - South Africa's labour court ruled on Wednesday that the extension of a wage agreement to cover all gold unions and non-unionised employees of mining group Sibanye-Stillwater is valid and lawful, the miner said. Sibanye had in December extended the agreement, reached the previous month with t...
2019-03-20 00:00:00+00:00
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FTSE 100 clings on to gains as weaker pound supports, Inmarsat surges
By Shashwat Awasthi and Yadarisa Shabong March 20 () - Financial stocks and housebuilders slipped after British Prime Minister Theresa May asked the European Union to delay Brexit and caused the FTSE 100 to snap a seven-day winning streak, while a slide in sterling pulled the mid-cap index lower. However, satellite ope...
2019-03-20 00:00:00+00:00
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FTSE 100's winning streak broken as Brexit delay plea hits financials
By Shashwat Awasthi and Yadarisa Shabong March 20 () - Financial stocks and housebuilders slipped after British Prime Minister Theresa May asked the European Union to delay Brexit and caused the FTSE 100 to snap a seven-day winning streak, while a slide in sterling pulled the mid-cap index lower. However, satellite ope...
2019-03-18 00:00:00+00:00
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FTSE 100 at 5-month high as pound drops amid Brexit chaos
By Muvija M and Shashwat Awasthi March 18 () - London's exporter-heavy FTSE 100 surged to a five-month high on the back of a drop in sterling after Britain's parliament speaker struck a fresh blow to Theresa May's EU divorce deal, while a rally in miners and oil stocks also lent support. The FTSE 100 added 1 percent - ...
2019-03-18 00:00:00+00:00
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Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe
By Barbara Lewis and Eric Onstad LONDON, March 18 () - Russian state-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday. Zimbabwe is seeking to...
2019-03-18 00:00:00+00:00
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American Airlines Halts Venezuelan Operations: Here's Why
As a result of the unrest in Venezuela, American AirlinesAAL temporarily suspended operations to the strife-torn nation. Following American Airlines' action, all major U.S.-based carriers have pulled out of the South American country. Notably, Delta Air Lines DAL and United Airlines - the wholly-owned subsidiary of Uni...
2019-03-18 00:00:00+00:00
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Miners, banks thrust FTSE 100 to sixth day of gains
By Muvija M and Shashwat Awasthi March 18 () - London's exporter-heavy FTSE 100 surged to a five-month high on the back of a drop in sterling after Britain's parliament speaker struck a fresh blow to Theresa May's EU divorce deal, while a rally in miners and oil stocks also lent support. The FTSE 100 added 1 percent - ...
2019-03-18 00:00:00+00:00
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Miners, banks lift FTSE 100 but weaker pound takes down midcaps
By Muvija M and Shashwat Awasthi March 18 () - London's exporter-heavy FTSE 100 surged to a five-month high on the back of a drop in sterling after Britain's parliament speaker struck a fresh blow to Theresa May's EU divorce deal, while a rally in miners and oil stocks also lent support. The FTSE 100 added 1 percent - ...
2019-03-15 00:00:00+00:00
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Lithium executive latest to face charges in sprawling U.S. college admissions scandal
By Ross Kerber BOSTON, March 15 () - The temporarily ousted chief executive of Advantage Lithium Corp on Friday is set to become the latest wealthy person to face criminal charges of participating in the largest college-admissions fraud scheme in U.S. history. David Sidoo, who was temporarily replaced as CEO by the com...
2019-03-15 00:00:00+00:00
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Air Canada suspends 2019 financial forecasts after 737 MAX groundings
By Allison Lampert and Debroop Roy March 15 () - Air Canada and United Airlines on Friday became the first major carriers in North America to warn of negative impacts on business due to the grounding of Boeing Co's 737 MAX planes. Air Canada suspended its 2019 financial forecasts, saying it continued to adapt a conting...
2019-03-15 00:00:00+00:00
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Air Canada halts financial forecasts after 737 MAX groundings
By Allison Lampert and Debroop Roy March 15 () - Air Canada and United Airlines on Friday became the first major carriers in North America to warn of negative impacts on business due to the grounding of Boeing Co's 737 MAX planes. Air Canada suspended its 2019 financial forecasts, saying it continued to adapt a conting...
2019-03-15 00:00:00+00:00
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American Airlines pilots told by union not to fly to Venezuela
March 15 (Reuters) - American Airlines Group Inc on Friday said it has temporarily suspended its operations into Caracas and Maracaibo, after its pilots union urged its workers to deny trips to Venezuela in the wake of a travel advisory issued by the U.S. State Department. The department cited civil unrest, poor health...
2019-03-15 00:00:00+00:00
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American Airlines halts flights to Caracas, Maracaibo in Venezuela
March 15 () - American Airlines Group Inc on Friday said it has temporarily suspended its operations into Caracas and Maracaibo, after its pilots union urged its workers to deny trips to Venezuela in the wake of a travel advisory issued by the U.S. State Department. The department cited civil unrest, poor health and ar...
2019-03-15 00:00:00+00:00
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Pimco says some staff used 'legitimate' services of college scandal mastermind
By Jennifer Ablan and Dan Burns NEW YORK, March 15 () - The figure at the center of the U.S. college cheating scandal spoke twice in the past decade at events hosted by Pacific Investment Management Co (Pimco), one of the world's largest asset managers whose former chief executive is ensnared in the fraud, the company ...
2019-03-15 00:00:00+00:00
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Pimco says college scandal mastermind spoke at two events it hosted
By Ross Kerber BOSTON, March 15 () - The figure at the center of the U.S. college cheating scandal spoke twice in the past decade at events hosted by Pacific Investment Management Co (Pimco), one of the world's largest asset managers whose former chief executive is ensnared in the fraud, the company said on Friday. Som...
2019-03-15 00:00:00+00:00
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Boeing black box review begins in France, aviation world waits
By Richard Lough and Aaron Maasho PARIS/ADDIS ABABA, March 15 () - The grounding of Boeing's 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday. Ethiopian ...
2019-03-15 00:00:00+00:00
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French investigators set to examine black box data from Ethiopia crash
By Richard Lough and Aaron Maasho PARIS/ADDIS ABABA, March 15 () - The grounding of Boeing's 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday. Ethiopian ...
2019-03-14 00:00:00+00:00
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The Zacks Analyst Blog Highlights: Boeing, Airlines Group, Southwest Airlines and United Continental
For Immediate Release Chicago, IL - March 14, 2019 - 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 Boeing Company BA , Airl...
2019-03-14 00:00:00+00:00
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U.S. lawmakers say Boeing 737 MAX 8 grounded for at least 'weeks'
By David Shepardson WASHINGTON, March 14 () - U.S. lawmakers said after a briefing with the acting head of the Federal Aviation Administration on Thursday that Boeing 737 MAX 8 and 9 planes will remain grounded for "weeks" at a minimum, until a software upgrade could be tested and installed in all of the planes. FAA Ad...
2019-03-14 00:00:00+00:00
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Are These 3 Airline Stocks in for a Smooth Flight or More Turbulence?
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Statistically speaking, airliner fatalities are incredibly rare. Nevertheless, I can't help but breathe a sigh of relief that I'm back from my recent European vacation. Recently, airline stocks have endured unwanted attention due to Boeing 's (NYSE: BA ) ho...
2019-03-14 00:00:00+00:00
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London's main index up as no-deal Brexit 'off the table'
By Shashwat Awasthi and Muvija M March 14 () - UK shares bagged another session of gains as financials cheered British lawmakers' rejection of a disruptive no-deal Brexit and oil majors rose on higher crude prices, but mid-cap retirement services specialist Just Group slumped on plans to raise funds. The FTSE 100 was 0...
2019-03-14 00:00:00+00:00
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FTSE 100 up as no-deal Brexit 'off the table'
By Shashwat Awasthi and Muvija M March 14 () - UK shares bagged another session of gains as financials cheered British lawmakers' rejection of a disruptive no-deal Brexit and oil majors rose on higher crude prices, but mid-cap retirement services specialist Just Group slumped on plans to raise funds. The FTSE 100 was 0...
2019-03-14 00:00:00+00:00
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UK Stocks-Factors to watch on March 14
March 14 () - Britain's FTSE 100 is seen opening 20 points lower at 7,139 on Thursday, according to financial bookmakers, while FTSE 100 futures were down 0.17 percent ahead of the cash market open. * DEBENHAMS: British department store group Debenhams said on Thursday it would give "careful consideration" to a proposa...
2019-03-14 00:00:00+00:00
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Boeing 737 MAX jets could be grounded for weeks as black box probe to start on Ethiopia crash
By David Shepardson, Richard Lough and Aaron Maasho WASHINGTON/PARIS/ADDIS ABABA, March 14 () - Boeing Co's 737 MAX 8 and 9 planes will be grounded for weeks if not longer until a software upgrade can be tested and installed, U.S. lawmakers said on Thursday, as officials in France prepare to begin analysing the black b...
2019-03-14 00:00:00+00:00
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Families of Ethiopian plane disaster victims steel themselves for journey to crash site
By Aaron Maasho ADDIS ABABA, March 14 () - Ethiopians clad in traditional mourning shawls and other black clothing gathered silently in a hotel conference room in Addis Ababa on Thursday, the loved ones of victims of ET Flight 302, before boarding buses headed for the crash site. Couples held each other, slumped forwar...
2019-03-14 00:00:00+00:00
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Boeing 737 MAX deliveries in limbo after deadly crash
By Conor Humphries and Eric M. Johnson DUBLIN/SEATTLE, March 13 () - Deliveries of Boeing's best-selling 737 MAX jets were effectively frozen on Wednesday, though production continued, after the United States joined a global grounding of the narrowbody model over safety concerns, industry sources said. The 737 MAX is b...
2019-03-14 00:00:00+00:00
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FTSE 100 rises as lawmakers vote down no-deal Brexit
March 14 () - UK shares rose on Thursday as financials cheered British lawmakers' rejection of a no-deal Brexit and oil majors were buoyed by higher crude prices, but mid-cap retirement services specialist Just Group slumped following plans to raise funds. The FTSE 100 was 0.4 percent higher by 0855 GMT, its fourth str...
2019-03-13 00:00:00+00:00
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Ethiopia crash pilot had control problems, black boxes bound for Europe
By David Shepardson WASHINGTON, March 13 () - The United States grounded Boeing Co's money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world's largest planemaker facing its worst crisis in years. The U.S. Federal Aviation Administr...
2019-03-13 00:00:00+00:00
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Boeing faces crisis with worldwide grounding of 737 MAX jetliners
By David Shepardson WASHINGTON, March 13 () - The United States grounded Boeing Co's money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world's largest planemaker facing its worst crisis in years. The U.S. Federal Aviation Administr...
2019-03-13 00:00:00+00:00
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Ethiopia sends Boeing black boxes abroad, Norway airline wants compensation
By David Shepardson WASHINGTON, March 13 () - The United States grounded Boeing Co's money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world's largest planemaker facing its worst crisis in years. The U.S. Federal Aviation Administr...
2019-03-13 00:00:00+00:00
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Ethiopia to send Boeing black boxes abroad, Norway airline wants compensation
By David Shepardson WASHINGTON, March 13 () - The United States grounded Boeing Co's money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world's largest planemaker facing its worst crisis in years. The U.S. Federal Aviation Administr...
2019-03-13 00:00:00+00:00
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U.S. will not suspend Boeing 737 MAX planes; discussion on black box analysis
By David Shepardson WASHINGTON, March 13 () - The United States grounded Boeing Co's money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving the world's largest planemaker facing its worst crisis in years. The U.S. Federal Aviation Administr...