“If gasoline tops $4.00 per gallon in the coming weeks, consumers may be forced to make significant changes to their spending habits. At this stage of the recovery, that could be an…
Kuwait says OPEC may increase output (Reuters) Carl Icahn may sell Federal-Mogul (Reuters) China halted high reserve requirements for several banks (Reuters) The euro approached multi-month highs (Reuters) Sharp aims to increase…
Yahoo! (NASDAQ: YHOO) is in talks to sell its part of a Japanese joint venture for $8 billion. (Reuters) Apple (NASDAQ: AAPL) will release its iPad 2 today. (Reuters) The SEC charged…
Just as passenger and freight traffic have begun to improve for the world’s airlines, rising crude oil prices have thrown a monkey wrench into the airlines’ hopes of profitability in 2011. The…
Lost in the conversation about airline fuel prices and falling margins is the fate of airline employees. The most frequent reaction to an increase in the cost of jet fuel is similar…
Douglas A. McIntyre 24/7 Wall St. has decided to investigate where inflation has the greatest potential to damage the economy. There is plenty of ground to cover. It is clear that the cost of agricultural…
If there is one industry which reacts immediately to higher oil prices and to global unrest, it is the airline sector. These are technically not new risks but these two issues are…
Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. AMR Corp. (NYSE: AMR) Cut to Hold at Argus. CVS Caremark Corporation…
The month of December was not so hot for international air carriers. According to the International Air Transport Association (IATA), air traffic demand growth fell by -2.3% month-over-month, from 8.2% growth in…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Amazon.com Inc. (NASDAQ: AMZN) Reiterated Buy with $198 target at BofA/ML. AMR…
Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters) The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest problem in…
AirlineFinancials.com estimates the eight largest US airlines, starting this week, will collectively report $3.95 billion in profits from $122.2 billion in revenues for 2010. The average net profit margin is projected at…
The $700 million acquisition of ITA Software by Google Inc. (NASDAQ: GOOG) has been opposed by other travel sites practically from the moment it was announced in July 2010. Now, Bloomberg is…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Aetna Inc. (NYSE: AET) Reiterated Neutral with $39 target at BofA/ML. AMR…
