United Airlines Holdings Inc
Spirit shareholders to finally vote on Frontier deal clouded by rival JetBlue bid
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines shareholders are scheduled to finally vote on a planned tie-up with Frontier Airlines on Wednesday, a deal that has been on the rocks following a […]
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Susquehanna downgrades United, blames operating headwinds in an economic slowdown
Further downside is in store for United Airlines with a potential economic slowdown ahead, Susquehanna Financial Group says. Analyst Christopher Stathoulopoulos downgraded shares of the airline to neutral from positive in a note to clients Monday, saying that he expects headwinds mentioned by management last week will likely worsen, especially with a likely downturn on […]
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Airlines temper flying ambitions after chaotic — but profitable — travel rebound
An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines […]
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Stocks making the biggest moves midday: Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more htan 88% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales […]
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Stocks making the biggest moves premarket: AT&T, DR Horton, Travelers and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it lowered its full-year free cash flow guidance. AT&T also reported a jump in quarterly wireless subscriber additions and raised its full-year […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks mixed Futures were down on the Dow and the S&P 500, while the Nasdaq […]
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American Airlines forecasts profit in third quarter thanks to rebound in travel and fares
American Airlines Boing 777-300 wide-body aircraft as seen on final approach for landing at London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images American Airlines on Thursday reported it swung to a profit in the last quarter and said it expects to be in the black in the third quarter, […]
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United Airlines posts profit on travel surge but holds back on flight growth
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines on Wednesday notched a key profit milestone in its pandemic recovery, but said it will scale back its growth plans through 2023. United reported its first quarterly profit — $329 million — since […]
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Air travel complaints nearly tripled in May from same month in 2019, before the pandemic
Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. Angus Mordant | Bloomberg | Getty Images Staffing shortages. Delays. Lost luggage. Massive lines. High fares. Air travelers in 2022 have plenty to complain about. By many measures travel is worse than last year, but here’s how […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks slip up Equities futures fell Wednesday morning after a strong close Tuesday for the major […]
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