Posts for Ticker ‘XJT’

Airlines Hit By UBS & Swine Flu (CAL, AMR, LCC, UAUA, XJT, CPA)

burning-money-pic28Airlines are getting hit hard this morning before the open on two issues: swine flu and an analyst downgrade.  UBS has downgraded the US legacy airline sector in a broad call and the impact on some of these stocks looks exacerbated by the swine flu news.  The new sector ratings were taken to NEUTRAL from BUY.  Among the downgrades were Continental Airlines (NYSE: CAL). AMR Corp. (NYSE: AMR), US Airways (NYSE: LCC), and IAL Corp. (NASDAQ: UAUA).  There is also a secondary tie here for both ExpressJet Holdings Inc. (NYSE: XJT) and Copa Holdings SA (NYSE: CPA).
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Posted on: April 27, 2009 – 8:12 am in Airlines, Analyst Calls, Entertainment, Luxury, Trading Alert, Transports, , , , , ,

Southwest Looks Far Out To Mexico (LUV, CAL, XJT, AMR)

Southwest_logo_2Southwest Airlines Co. (NYSE: LUV) has announced its first efforts to go cross-border to our closest neighbor to the south. The discount airline carrier intends to build a codeshare partnership with Mexican carrier Volaris.  Be advised that this does mean that Soutwest’s orange planes will be seen over the skies of Mexicio and this codeshare agreement won’t take effectimmediately.  But if Volaris is able to expand between now and when this starts, it could eventually give Southwest a shot at capturing some of the business that has historically gone to competitors like Continental Airlines, Inc. (NYSE: CAL), ExpressJet Holdings Inc.(NYSE: XJT), and AMR Corp. (NYSE: AMR).

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Posted on: November 10, 2008 – 3:26 pm in Airlines, , , ,

The 52-Week Low Club

Expressjet Holdings (XJT) Airlines still hurt by rising oil and failing economy. Falls to $3.09 from 52-week high of $9.61.

Standard Pacific (SPF) Home builder. Down to $5.66 from 52-week high of $30.52.

Akamai Technologies (AKAM) Content delivery over the internet getting squeezed by price cutting. Down to $28.13 from 52-week high of $59.69.

Panacos Pharmaceuticals (PANC) Still falling due to CFO departure and analyst downgrade. Falls to $1.48 from 52-week high of $7.23.

Douglas A. McIntyre

Posted on: September 27, 2007 – 3:07 pm in HI/LOW, , , ,

The 52-Week Low Club

Advance Amer Cash (AEA) Payday loan company forced to close a number of locations. Down to $10.44 from 52-week high of $19.05.

Expressjet Holdings (XJT) Bad days for airlines. Drops to $3.62 from 52-week high of $9.61.

Bearingpoint (BE) Ongoing financial problems at consulting firm. Down to $4.33 from 52-week high of $9.

Time Warner Cable (TWC) Most cable stocks down due to competition from telecom companies. Falls to $31.14 from 52-week high of $44.

Circuit City (CC) Still falling due to poor financial results. Drops to $8.42 from 52-week high of $29.31.

Pool Corporation (POOL) Swimming pool business following home builders down. Drop to $24.29 from 52-week high of $42.75.

Douglas A. McIntyre

Posted on: September 21, 2007 – 6:03 pm in HI/LOW, , , , , ,

The 52-Week Low Club

Labranche (LAB) Being a specialist firm trading stocks has gotten to be nasty business. Shares drop to $4.65 from 52-week high of $12.21.

King Pharmaceuticals (KG) Still taking hammer because patent on top drug was found to be invalid. Down to $12.26 from 52-week high of $22.25.

International Rectifier (IRF) CEO on leave due to audit. Shares just keep falling. Drops to $31.37 from 52-week high of $44.36.

Expressjet Holdings (XJT) Oil up. Bad time to be in airline business. Falls to $3.68 from 52-week high of $9.61.

Steven Madden (SHOO) Director steps down. Shares now off to $20.02 from 52-week high of $44.70.

Home Solutions (HSOA) Provider of construction business during real estate recession. Shares off to $2.45 from 52-week high of $8.24.

Caribou Coffee  (CBOU) Like Starbucks (SBUX), only smaller. But, similar drop in stock price. Down to $5.74 from 52-week high of $9.27.

Douglas A. McIntyre

Posted on: September 12, 2007 – 3:12 pm in HI/LOW, , , , , , ,