The comorbidity of the instant recession and COVID-19 has caused severe damage to anything tied to tourism. The airline industry previously enjoyed extremely healthy balance sheets and full planes, and demand was…
Investors have seen recoveries in airlines, hotels and other travel-related stocks over the past 75 days or so, but the trends for the great recovery in travel and tourism may not resemble…
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.
Friday's top analyst upgrades and downgrades included Adobe, Analog Devices, Caterpillar, ConocoPhillips, General Motors, Southwest Airlines, Take-Two Interactive Software and Tesla.
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…
Wednesday's top analyst upgrades and downgrades Apple, Boeing, Chevron, Chewy, Cisco Systems, Cree, eBay, Etsy, GameStop, Groupon, Micron Technology, United Airlines and Yext.
With the economy now deep in a recession on the heels of the COVID-19 shutdowns, many of the great growth stories that helped to define what America likes to do have found…
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’s grounded 737 Max might actually help the battered airline take off.
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?
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?
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…
