After the Continental Airlines, Inc. (NYSE:CAL) merger announcement with UAL Corporation (NASDAQ: UAUA) , something interesting happened in the sector. Suddenly the valuations seemed too high. Then the shares started selling off,…
Hewlett-Packard (NYSE: HPQ) sold off on news of trouble in Europe. The region is critical to the tech company’s sales. Citigroup (NYSE: C) shares also lost ground. There are concerns about how…
Maybe it is the Iceland volcanic ash clouds, maybe it was the market, but more likely than not it was the state of airline mergers that crushed airlines today. Continental Airlines, Inc.…
By Robert Herbst After only $99 million profit on $10.4 billion in revenues last year, the best Southwest NYSE: LUV) could do for the recent 1st quarter was a paltry $11 million profit…
Douglas A. McIntyre These are the top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Monday morning: Advance Auto Parts Inc. (NYSE: AAP) Cut to Neutral at UBS. Allergan Inc.…
By Robert Herbst For 2009, the nine largest airlines accumulated just over $4 billion in net losses. 2008 wasn’t much better with a $3.5 billion loss. So far, 2010 projections show a $2.7 billion…
Glassdoor keeps tabs on employee impressions of management and work conditions at major companies. The survey site has more than one million users who review over 70,000 firms. These companies represent all industries, 100% of…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
Akamai Technologies Inc. (NASDAQ: AKAM) rose 7.9% to a yearly high of $25.66 after the software company was upgraded to “outperform” by Oppenheimer & Co. Flow International Corp. (NASDAQ: FLOW) rose over…
The rumor that US Air (NYSE:LCC) and American (NYSE:AMR) may merge is not so far-fetched today, or that Southwest (NYSE:LUV) might take over JetBlue (NASDAQ:JBLU). British Air and Iberia, the flag carriers of…
These are ten of the top analyst upgrades, downgrades, and initiations seen early this Monday morning from Wall Street research notes: Accenture (NYSE: ACN) Cut to Neutral at UBS. Air Tran Holdings…
Southwest Air (NYSE:LUV) once again proved why it is the most admired carrier in America. Over 83% of its flights arrived on time in August, the latest month measured by US Department…
These are the top pre-market early bird analyst upgrades and positive research calls seen from Wall Street early this Wednesday morning: Blackrock (BLK) upgraded to Buy at Deutsche Bank. CarMax (KMX) upgraded…
These are some of the analyst downgrades and cautious research calls we have seen early this Tuesday morning on Wall Street: Blackbaud (BLKB) Cut to Hold at Jefferies. Citrix Systems (CTXS) Cut…
Reuters: Ebay (EBAY) will sell Skype to private investors. Reuters: China’s manufacturing index gained. Reuters: A late Labor Day will hurt August retail sales. Reuters: A US judge ruled against AIG (AIG)…
