These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Tuesday, February 25, 2014. They include Tesla Motors, Verizon Communication and VIVUS.
American Airlines announced on Monday that passenger traffic rose by 3.8% in January, and it now expects revenue per available seat mile to rise 2% to 4% year-over-year in the first quarter…
Courtesy United Parcel Service Inc.According to some estimates, up to 40% of the value of world trade travels by air. Thinking about that, the factoid has the ring of truth. You don’t…
courtesy of American AirlinesAirline demand not only rebounded out of the recession — it skyrocketed to new records. If international travel is any reasonably measure of the global economy on both business-travel…
With decades-old restrictions removed, Southwest Airlines now can fly to all 50 states. It is free to challenge the huge, merger-created U.S. carriers such as United Continental, Delta Air Lines and American…
Shares of major airlines hit new 52-week highs Thursday in the wake of reports of strong traffic in December. That was good news for the companies after several days of storms and…
There is no question that 2013 was a very good year for airline stocks. The icing on the cake was the merger between American Airlines and U.S. Airways. The new year is…
thinkstockJanuary 3, 2014: Markets opened higher on Friday following yesterday’s sell-off. Gains and losses were modest throughout the trading day, with the three major indexes not moving far in either direction from…
ThinkstockAfter reporting a 10% increase in passenger revenues for the month of December on Friday morning, Delta Air Lines Co. (NYSE: DAL) raised its estimate for the company’s fourth quarter operating margin…
ThinkstockThe decline in prices for jet fuel is the primary reason for a rise in the outlook for airline profits in 2013, according to the International Air Transport Association (IATA). Ancillary revenues,…
courtesy of American AirlinesThe closing of the merger between American Airlines and U.S. Airways closed Monday morning and a new company, American Airlines Group Inc. (NASDAQ: AAL) has emerged and begun trading.…
AMRAn AMR (OTCBB: AAMRQ) merger with US Airways (NYSE: LCC) should be complete in time to for Americans to fly home for the year-end holidays–Christmas perhaps. With the launch of the new American Airlines Group,…
Now that the U.S. Department of Justice has approved the proposed merger between U.S. Airways Group Inc. (NYSE: LCC) and AMR Corp. (AAMRQ), the two companies got down to the serious business…
ThinkstockThe merger to create the world’s largest airline, which had been stalled by a lawsuit filed by the U.S. Department of Justice, has reached a settlement Tuesday and the news has lifted…
ThinkstockAfter markets closed on Wednesday, Expedia Inc. (NASDAQ: EXPE) reported third-quarter adjusted earnings per share (EPS) of $1.43 on revenues of $1.40 billion. The online travel company’s revenues rose 17% compared with…
