Twelve Major Brands That Will Disappear
A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha…
A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha…
Last summer, the airline industry looked like it was heading toward another rash of bankruptcies. Fuel costs were at record levels because of $147 oil. The economic slowdown was already reducing passenger…
Over the past week 24/7 Wall St. has picked several stocks from major sectors that are likely to double off of their lows. This group focuses on the transportation sector with the…
From time to time, the editors at 24/7 Wall St. will look at which companies may file for Chapter 11 bankruptcy protection over the next year. The analysis involves looking at SEC…
Southwest 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…
One of the recurring themes found in the history of the airline industry is the ability of carriers to go into Chapter 11 often emerging with little debt and fewer employees. Aloha…
If you were against airline mergers, you might be preaching to the deaf now. Northwest Airlines Corporation (NYSE: NWA) has voted in favor its merger with Delta Air Lines (NYSE: DAL). Delta…
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae…
These are some of the top analyst upgrades and positive calls we are seeing this Tuesday morning: Alaska Air (ALK) Raised to Overweight at JPMorgan. AMR Corp. (AMR) Raised to Overweight at…
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.…
Stocks in a number of airlines rose over 40% last week with some, including AMR (AMR) moving up over 50%. The price of oil sold off sharply enough to warrant some of…
Washington Mutual (WM) Concerns mortgage firm will make it after government takes over IndyMac. Falls to $3.03 from 52-week high of $42.93. First Horizon (FHN) Same fears as with WM. Drops to…
GM (GM) falls as issue of Chapter 11 is raised. Drops to $10 from 52-week high of $43.20. Circuit City (CC) drops as Blockbuster (BBI) withdraws bid. Plummets to $2.10 from 52-week…
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation is starting to hurt the housing market. Reuters writes that the Bank…
MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94. US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill…