Transportation

jet sunrise

Merrill Lynch Raises Price Targets on 5 Top Airlines to Buy for 2017

If any industry has had the proverbial ups and downs this year is has been the airline sub-sector of the transports, and with good reason. Pricing pressure and over-expansion pinned ...
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reprimand

SEC Settles Charges With United Airlines

The U.S. Securities and Exchange Commission (SEC) recently announced that United Continental Holdings Inc. (NYSE: UAL) has agreed to pay $2.4 million to settle charges in a case where shareholders ...
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dockside

Costamare Prices Secondary Offering

Costamare Inc. (NYSE: CMRE) shares dropped on Wednesday after the company announced the pricing of its secondary offering. The company intends to offer 12 million shares at $6 apiece, with ...
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stormy seas

Should DryShips Be a Trump Stock or Something Else Entirely?

It is no secret that many stocks and many sectors have risen sharply after the surprising victory of Donald Trump to be the next president of the United States. Many ...
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departures

How Investors Can Interpret Warren Buffett Being Bullish on Airlines After Years of Hatred

If you have followed the stocks being sold by Warren Buffett and his team at Berkshire Hathaway Inc. (NYSE: BRK-A) for years, the one thing you will know is that ...
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Pothole Patch

12 US Cities With the Roughest Roads

Just about the only thing that Democratic presidential nominee Hillary Clinton and Republican candidate Donald Trump agree on is that the nation's infrastructure is crumbling and that something must be ...
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commercial airline

Intrepid Aviation Gets Closer to IPO

Intrepid Aviation has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the filing. ...
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coal train

Union Pacific Falls on Sliding Freight Revenues

When Union Pacific Corp. (NYSE: UNP) released its third-quarter earnings report before the markets opened on Thursday, it said that it had $1.36 in earnings per share (EPS) and $5.2 ...
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american-airlines

American Airlines Earnings Jump on Tax Treatment

American Airlines Group Inc. (NASDAQ: AAL) reported third-quarter 2016 earnings before markets opened Thursday. The airline posted adjusted diluted earnings per share (EPS) of $2.80 on revenues of $10.59 billion. ...
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United Jet

United Airlines Profits Rise, Forecast Softens

United Continental Holdings Inc. (NYSE: UAL) reported third-quarter 2016 results after markets closed Monday afternoon. The airline reported adjusted quarterly earnings per share (EPS) of $3.11 on revenues of $9.9 ...
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trucks

JB Hunt Posts Disappointing Earnings

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) reported third-quarter 2016 results before markets opened Monday. The trucking and transport company posted diluted earnings per share (EPS) of $0.97 on revenues ...
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China

ZTO Express Announces Potential Price Range for IPO

ZTO Express (Cayman) has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company ZTO Express intends to price its ...
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commercial airline

Spirit Airlines Shows How to Fly From New York to Detroit for $126

Spirit Airlines Inc. (NASDAQ: SAVE) has a habit of both saving flyers money and irritating them with nickel and dime charges for goods and services, which can erode that savings ...
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passenger cabin

Can Airlines Handle More Obese Passengers?

Depending on who is counting, the number of obese people has reached 20% of the U.S. population, and that number continues to grow. The rate has risen sharply since the middle of ...
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Delta Air Lines jet

Delta Air Lines Continues to Struggle With Capacity

Delta Air Lines Inc. (NYSE: DAL) reported third-quarter 2016 results before markets opened Thursday. The airline reported adjusted quarterly earnings per share (EPS) of $1.70 on revenues of $10.48 billion. ...
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