United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
Monday's top analyst upgrades and downgrades included Delta Air Lines, Apache, Baidu, Intel, Kimco, Lennar, Lululemon Athletica, SelectQuote, Shopify, Starbucks and United Airlines.
The COVID-19 recession has crushed the travel industry more than many other key industries. As the economy has started to reopen for business, the predictable rise in COVID-19 cases has the public…
Analysts clear Boeing stock for takeoff as travel demand picks up.
Warren Buffett is known for trying to bring calm to the markets and signaling that America's greatest days are ahead of it. What does it signal when he chose not to acquire…
The situation got a little worse today for Boeing amid the COVID-19 pandemic as Australian airline Qantas International said it would not take delivery of any new planes from Boeing or Airbus…
Boeing was in trouble long before the COVID-19 pandemic forever changed air travel. Things did not get better this weekend, given Warren Buffett’s bad news for airline stocks.
A generally accepted rule is that for older investors, most investments should be conservative and less risky. Does the same rule apply to Warren Buffett? Should it?
These five stocks could be big winners if the recovery is V-shaped and sooner rather than later. They also have had strong insider buying during the recent downturn and comeback rally, a…
Both Delta and United have raised billions to keep employees working while passenger traffic has essentially disappeared. When will passengers be willing to get on a plane again?
Ten U.S. airlines have agreed to terms with the Treasury Department to accept assistance from the $25 billion fund designated to keep airline employees working through the end of September.
With markets starting to pick up again, and the S&P 500 on track to have its best week (albeit truncated) since 1974, there might be a light at the end of the…
The number of people who travel by air on a given day has dropped by as much as 80%. That begs the question of whether the United States needs four big carriers.
24/7 Wall St. has looked through the top Buffett stocks to see where the real damage has been seen.
Congressional negotiators have struck a deal with the Trump administration on a $2 trillion stimulus package to offset some of the impacts of the coronavirus pandemic. Investors are finding winners and losers…
