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United Continental Holdings, Inc (UAL)

- NYSE
  • Apr. 2, 2014, 10:10 AM
    • Shares of United Continental (UAL +2.5%) are outperforming again within the sector and topping broad market averages.
    • UAL is now up close to 9% over the last week and appear to closing in on reaching $50 a share for the first time since 2007.
    • The general outlook by analysts on UAL is that there is solid upside for the carrier to improve its PRASM metric which should feed into EPS growth. SA contributor Stone Fox Capital was ahead of the curve with its call.
    | 1 Comment
  • Apr. 1, 2014, 10:38 AM
    • United Continental (UAL +4%) trades higher after UBS upgrades the company to a Buy rating with a $50 price target.
    • The investment firm sees accelerating sales growth for United in Q2.
    | 1 Comment
  • Mar. 24, 2014, 8:08 AM
    • Raymond James upgrades United Continental (UAL) to an Outperform from Market Perform.
    • UAL +1.1% premarket
    | 1 Comment
  • Mar. 12, 2014, 11:59 AM
    • IATA revises its outlook for airline industry profit to $18.7B, lower than a previous forecast calling for $19.7B in profits.
    • The agency cites higher oil prices and a lack of international alignment of passenger rights as factors in the downward revision.
    • Cargo demand is forecast to improve 4% in 2014.
    • By region, North America is expect to see carriers generate the sweetest margins. The anticipated profit of $8.6B by North American airliners is more than double what counterparts in Europe will earn this year, says IATA.
    • Related stocks: AAL, UAL, DAL, RYAAY, CPCAY, SINGY, CEA, ZNH, CPA, GOL, LFL, DLAKF, AIDIF, QUBSF, JBLU, RJET, SAVE, ALK, HA, AIRYY, MLYAF, AFLYY.
    | 2 Comments
  • Mar. 6, 2014, 9:33 AM
    • IATA reports 2014 starting off strongly for the global airline industry with revenue passenger kilometers up 8% Y/Y.
    • Middle East and Asia-Pacific carriers showed the biggest gains for international travel.
    • On the domestic side, China sizzled with revenue per kilometer up 20.1%. The U.S. saw a 2.1% rise in domestic travel demand.
    • Related stocks: AAL, UAL, DAL, RYAAY, CPCAY, SINGY, CEA, ZNH, CPA, GOL, LFL, DLAKF, AIDIF, QUBSF, JBLU, RJET, SAVE, ALK, HA, AIRYY, MLYAF, AFLYY.
    | Comment!
  • Mar. 2, 2014, 3:27 AM
    • Yet another winter storm is causing further misery for travellers, including airline passengers.
    • The storm is expected to hit the East Coast after making its way across the Midwest and parts of the south, dropping freezing rain, sleet or snow.
    • Public Service Enterprise Group (PEG) has arranged for tree trimmers and other contractors to add to its own repair crews to try to keep electricity disruption to a minimum.
    • Over 470 flights have been cancelled for today and another 120 have been delayed.
    • Related airline stocks: AAL, JBLU, DAL, UAL, LUV, ALK, HA, SAVE, RJET
    • Utility ETFs: XLU, IDU, VPU, RYU, UPW, PUI, FXU, SDP, AMPS, FUTY, PSCU, UTLT
    | 17 Comments
  • Feb. 27, 2014, 6:40 PM
    • United Continental (UAL) -3.2% AH after warning that its Q1 capacity and passenger unit revenues will come in well below previous expectations, saying bad weather in January and February has "significantly impacted” its operations.
    • UAL says it has canceled more than 22,500 flights YTD, including ~20K regional flights, because of severe weather; the cancellations are nearly 4x the total during the same period in 2013.
    • UAL now sees Q1 capacity between -0.6% to +0.4% vs. last month's forecast of +0.3% to +1.3%, and passenger revenue per available seat miles of -2% to -0.5% vs. prior outlook of flat to +2%.
    | 1 Comment
  • Feb. 25, 2014, 1:20 PM
    • Interesting analysis from Stifel Nicolaus makes the argument that the rally in airline stocks is just getting started.
    • Despite all the talk about carrier consolidation being played out, only one large merger (Delta-Northwest) has been implemented to the hilt, notes the investment firm.
    • The Southwest-AirTran, United-Continental, and U.S. Airways-American combinations still have various amounts of synergies to be realized.
    • Stifel's sector buy recommendations: Delta Air Lines (DAL), United Continental (UAL), Alaska Air (ALK), Spirit Airlines (SAVE), and Allegiant Travel (ALGT).
    | 1 Comment
  • Feb. 18, 2014, 12:04 PM
    • United Continental (UAL -1.1%) looks undervalued to Morgan Stanley despite the broad rally in airline stocks over the last year.
    • The investment firm notes that a sentiment survey on UAL compared to key rival Delta Air Lines shows a higher percentage of investors see more upside in Delta than a year ago.
    • What to watch: The direction UAL goes with updated guidance in April could be key.
    | Comment!
  • Feb. 18, 2014, 5:20 AM
    • Airlines have cancelled over 500 flights for today as the freezing weather continues relentlessly. The latest storm has dumped snow on the Midwest and is expected to be similarly beneficent to the Northeast and mid-Atlantic states.
    • The latest cancellations add to 1,379 flights that were scrubbed for the President's Day holiday yesterday and over 4,440 that were delayed. More than 7,500 flights were scrapped on February 13.
    • Related stocks: AAL, JBLU, DAL, UAL, LUV, ALK, HA, SAVE, RJET
    | 6 Comments
  • Feb. 14, 2014, 7:31 AM
    • The airline industry has seen over 16K flights cancelled this week in its toughest weather impact since Hurricane Sandy.
    • Though the industry can sometimes squeeze out some efficiencies with weather cancellations, this winter has seen some business travel slack off which won't be recouped.
    • MasFlight puts a number to this year's travel disruptions, projecting $150M in added costs and lost revenue for January alone.
    • Airline stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET.
    | 7 Comments
  • Feb. 13, 2014, 7:35 AM
    • Janet Yellen's appearance before the Senate Banking Commitee, which was scheduled to take place today, has been postponed, due to a heavy snow storm that's hitting the south and the east. A new date for Yellen's testimony wasn't provided.
    • The latest weather patterns have already caused over half a million customers to lose power in the southeast.
    • Around 6,900 flights were canceled or delayed yesterday and another 4,500 have been scrubbed for today.
    • Related stocks: AAL, JBLU, DAL, UAL, LUV, ALK, HA, SAVE, RJET, [[GPE-A]]
    • Utility ETFs: XLU, IDU, VPU, RYU, UPW, PUI, FXU, SDP, AMPS, FUTY, PSCU, UTLT
    | Comment!
  • Feb. 5, 2014, 12:57 PM
    • Imperial Capital applauds the decision by United Continental (UAL -1.1%) to significantly reduce service out its Cleveland hub.
    • The airline could improve efficiency and profitability with tighter capacity, note analysts.
    • American Airlines (AAL) and Delta Air Lines (DAL -0.8%) could pick up some extra traffic due to the development.
    | 3 Comments
  • Feb. 3, 2014, 2:05 AM
    • United Continental Holdings (UAL) reportedly intends to stop using Cleveland as a hub and will axe 470 positions.
    • The airline will cut daily departures by 60% and eliminate most regional flights from the city.
    • "Our hub in Cleveland hasn't been profitable for over a decade, and has generated tens of millions of dollars of annual losses in recent years," United CEO Jeff Smisek said in a memo to staff. "The demand for hub-level connecting flying through Cleveland simply isn’t there."
    • United's plan comes after it said in November that it would reduce annual costs by $2B by 2017.
    | Comment!
  • Jan. 30, 2014, 7:07 AM
    • The Port Authority of New York and New Jersey sent a letter to American Airlines Group (AAL), JetBlue (JBLU), Delta (DAL), and United Continental (UAL) formally requesting that the carriers raise wages for some employees by $1 per hour.
    • The string of profitable quarters put in by airliners is starting to lead to increased pressure from labor unions as well.
    | 11 Comments
  • Jan. 28, 2014, 10:36 AM
    • Winter weather has forced 2,973 flight cancellations today which brings the weekly total to 5,928.
    • Reports indicate that the brutal weather has cut into business travel significantly which could pinch profits a bit for the industry in Q1.
    • Though U.S. carriers can sometimes improve load factors and profit-per-seat amid high levels of cancellations, if business demand is trimmed the group feels more pain.
    • Related stocks: AAL, JBLU, DAL, UAL, LUV, ALK, HA, SAVE, RJET.
    | 8 Comments
UAL vs. ETF Alternatives
Company Description
United Continental Holdings Inc transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.
Sector: Services
Industry: Major Airlines
Country: United States