Oct. 24, 2014, 1:51 PM
Oct. 21, 2014, 1:12 PM
- Airline stocks are putting in another volatile day as the Ebola headlines veer toward the positive side.
- Gainers: Spirit Airlines (NASDAQ:SAVE) +5.0%, American Airlines Group (NASDAQ:AAL) +5.3%, Southwest Airlines (NYSE:LUV) +4.7%, SkyWest (NASDAQ:SKYW) +4.1%, United Continental (NYSE:UAL) +2.9%, Delta Air Lines (NYSE:DAL) +2.5%, Allegiant Travel (NASDAQ:ALGT) +1.9%, JetBlue (NASDAQ:JBLU) +2.3%, Alaska Air Group (NYSE:ALK) +1.9%.
Oct. 20, 2014, 10:03 AM
- Fares on domestic flights are higher this year than a year ago, despite an increase in capacity across the sector, according to a forecast from Expedia EXPE.
- Thanksgiving flights showed a 17% increase on average to $467, while Christmas flights were up 2% to $493.
- A total of 21M Americans are expected to fly between October and December.
- The outlook could calm some fears that bookings or pricing are off with Ebola concerns cropping up in the U.S.
- Related stocks: DAL, AAL, JBLU, UAL, ALK, HA, RJET, ALGT, LUV, SKYW, SAVE.
Oct. 16, 2014, 7:59 AM
- Delta Air Lines (NYSE:DAL) reports passenger revenue per available seat mile rose 2.4% in Q3.
- Mainline carrier revenue +8% to $8.14B.
- Regional carrier revenue -3% to $1.63B.
- Capacity was up 3.2% across the company, led by a 16.2% gain in Latin American routes.
- Aircraft fuel expense +29% to $2.95B.
- The carrier doesn't mention Ebola in its earnings press release.
- DAL -4.2% premarket.
Oct. 16, 2014, 7:32 AM
Oct. 15, 2014, 5:30 PM
Oct. 15, 2014, 11:49 AM
- Airline stocks are under pressure again after a report indicates that the second hospital worker to contract Ebola in the Dallas region flew a commercial flight earlier this week.
- The group has been battered around on Ebola fears over the last few weeks, despite little indication of any impact on bookings so far.
- On watch: DAL, AAL, JBLU, UAL, ALK, HA, RJET, ALGT, LUV, SKYW, LFL, GOL, SAVE.
Oct. 15, 2014, 5:25 AM
- A second healthcare worker has contracted Ebola in the U.S.,
- The worker, a staff member at Texas Health Presbyterian Hospital, was among those who looked after Thomas Duncan, who died of the virus earlier this month.
- More on Ebola
- Related health stocks: TKMR, BCRX, HEB, INO, NLNK, NNVC, OTCQB:GOVX, SRPT, CMRX, GSK, IBIO, APT, LAKE, SRPT, PLX, NSPH, SMED, VSR, AHPI
- Airlines: DAL, AAL, UAL, SKYW, ALGT, HA, LUV
- Hotels: MAR, HLT, IHG, STAY, H, HOT, CHH
- Lodging REITS: AHT, SHO, LHO, INN
Oct. 14, 2014, 3:31 PM
- Global growth, foreign-exchange, oil, and small caps are the subject of every client inquiry, says David Kostin. His team's recommendation: Buy "American exceptionalism."
- In Kostin's view, U.S. economy and corporate fundamentals are still strong, with economic growth expected by Goldman economists to be 3.2% next year, the fastest expansion since 2005. Europe is expected to grow just 1%.
- What his team likes are those stocks of companies which have a high proportion of domestic sales, plus sectors like Consumer Staples (XLP -0.1%) and Discretionary (XLY +0.7%) which stand to benefit from lower oil prices (plunging again today).
- As for small caps (IWM +0.9%), Kostin is wary, noting downward earnings revisions have boosted small cap P/E ratios even as prices have declined.
- The list of S&P 500 names capturing two or more of Kostin's themes: GT, GM, PCLN, AMZN, CMCSA, LOW, DG, TSN, ADM, CVS, AVP, WAG, PXD, HAL, JPM, BAC, SCHW, PNC, MS, C, GNW, LNC, MET, THC, AET, UNH, ESRX, HUM, WLP, BIIB, GILD, DAL, CMI, FLR, CRM, JBL, MA, FB, MU, FSLR, VMC, MON, T.
Oct. 14, 2014, 2:20 PM
- Airline stocks trade higher as Ebola fears ease off a bit and lower oil prices factor in.
- The sector has been volatile ever since the first Ebola case was reported in the U.S.
- Decliners: Delta Air Lines (NYSE:DAL) +5.5%, American Airlines Group (NASDAQ:AAL) +9.5%, United Continental (NYSE:UAL) +5.3%, SkyWest (NASDAQ:SKYW) +5.5%, Allegiant Travel (NASDAQ:ALGT) +4.2%, Hawaiian Holdings (NASDAQ:HA) +3.8%, Southwest Airlines (NYSE:LUV) +4.2%.
Oct. 13, 2014, 3:36 PM
Oct. 10, 2014, 3:42 PM
- Passengers have been allowed to depart Delta (DAL -2.4%) flight 495 in Las Vegas after a passenger who exhibited Ebola-like symptoms was examined.
- Previously: Sign of the times: Plane surrounded in Vegas on Ebola fear
Oct. 10, 2014, 3:28 PM| 5 Comments
Oct. 9, 2014, 9:49 AM
- Select airline stocks stage an early rally, led by a big pop for United Continental (UAL +6.2%) following its report on Q3 PRASM gains.
- There's some commentary from Wall Street on the sector which is also contributing to sentiment: UAL has been added to the Focus List at Credit Suisse and Morgan Stanley is calling for gains for the majors.
- Gainers: Delta Air Lines (NYSE:DAL) +1.7%, Alaska Air Group (NYSE:ALK) +1.5%, American Airlines Group (NASDAQ:AAL) +1.0%, JetBlue Airways (NASDAQ:JBLU) +0.7%.
Oct. 7, 2014, 3:53 PM
- Innovative Solutions (ISSC -44.7%) shares are cut nearly in half after the designer of flight guidance and cockpit display systems says Delta Airlines (NYSE:DAL) has terminated its contract with the company to provide a cockpit upgrade for its fleet of MD88 and MD90 aircraft.
- ISSC says it is in discussions with DAL regarding the parties' obligations under the contract, which represented ~$62M of its reported backlog as of June 30, 2014.
Oct. 6, 2014, 11:34 AM
- American Airline Group (AAL -2.5%) seeks one of the Tokyo Haneda routes that it maintains is seeing limited usage from Delta Air Lines (DAL -0.8%).
- The carrier has petitioned the DOT for the right to fly daily service from L.A. to Haneda.
- Delta claims its seasonal use of the route is standard practice in the industry.
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