Not long ago daily media stories were predicting which major airline would be the first in line to fail. Las Vegas type odds were given to a list of inevitable airline bankruptcies.…
In an 8-K filed with the SEC, JetBlue (JBLU) announced that CEO David Barger "voluntarily amended" his employment agreement to "reduce his base salary by fifty percent, from $500,000 per year to…
Douglas A. McIntyre According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good time to…
US Air (LCC) Airline breaks of talks with United (UAUA) and stock runs down to $4 from 52-week high of $36.81. Brunswick Corporation (BC) Concerns about boating business and downgrade earlier in…
Shares of JetBlue Airways Corporation (NASDAQ: JBLU) are seeing some extra pressure this morning after the company announced the pricing of a previously announced convertible debt offering of 5.5% convertible bonds that…
Douglas A. McIntyre Reports are that the heated merger talks between United (UAUA) and US Air (LCC) have gone away. Both airlines are probably still talking to AMR (AMR), Continental (CAL), and any other puddle-jumper…
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has slowed. Retuers writes that NetFlix (NFLX) and Blockbuster (BBI) held competing analysts meetings on the same day. Reuters reports…
Most companies on Nasdaq did fairly well with the shorts in the period which ended on March 31 compared to March 14. The two tremendous exceptions were Level 3 (LVLT) where short…
Southwest Airlines Co. (NYSE: LUV) has not been doing well as a stock. Over the last two years its stock has lost nearly one-third of its value. Even over the last 5-year…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down…
These are not the only important analyst calls out there, but these are the top analyst calls that 24/7 Wall St. is focusing on: Affymetric (AFFX) raised to Buy at UBS. Citigroup…
According to a report in The New York Times, German airline giant Lufthansa will buy 20% of US discount ariline JetBlue (JBLU). JetBlue shares are up almost 14% on the news, trading…
Douglas A. McIntyre Juan Trippe is gone. The founder of Pan Am died in 1981. So is Howard Hughes who started TWA. Bob Crandall who started the frequent flyer program and the "hub and spoke"…
JetBlue (JBLU) in a filing with the SEC, said that its operating margins in Q2 would be 9% to 11%, which was higher than previously forecast. But, the stock managed to go…
