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Airline Sector Faces Turbulence
Wednesday, July 2, 2014 - 1:00pm | 275Major airline stocks traded lower on Wednesday after Delta Airlines (NYSE: DAL) released results and guidance for the month of June. In a press release Wednesday, Delta reported a three percent change in aircraft fuel and related taxes, stating volatile fuel prices impacts the comparability of...
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FedEx Accelerating Buybacks, Issuing $2 Billion Worth of Bonds
Monday, January 6, 2014 - 4:12pm | 344FedEx (NYSE: FDX) on Monday announced that it would issue $2 billion of bonds to speed up its stock buyback plans. Back in October 2013, the company authorized buying back as much as 32 million shares. The buyback authorization represents the company's largest and most ambitious action to create...
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Cowen and Company Believes Sell-Off is Unwarranted for Delta Air Lines
Wednesday, December 4, 2013 - 1:01pm | 124In a report published Wednesday, Cowen and Company analyst Helane Becker reiterated an Outperform rating and $31.00 price target on Delta Air Lines (NYSE: DAL). In the report, Cowen and Company noted, “We are taking this opportunity to reiterate our Outperform rating on the shares of Delta Air...
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Dahlman Rose Maintaining Hold On United Continental Holdings (UAL)
Friday, October 22, 2010 - 9:22am | 107Dahlman Rose and Co. analyst Helane Becker is maintaining her Hold rating on United Continental Holdings Inc. (NYSE: UAL) due to capacity concerns. In a note to clients, Becker writes, "We believe industry consolidation is good for capacity restraint, and given that, we anticipate United will...
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Dahlman Rose Updating Estimates On US Airways Group (LCC)
Tuesday, October 5, 2010 - 4:09pm | 145Dahlman Rose & Co. analyst Helane Becker raised estimates on US Airways (NYSE: LCC), as did the company's management today, to reflect lower operating expenses. It rates shares at Buy, with a $14 price target. In the research note, Becker writes, "This morning management provided an update to...
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Dahlman Rose Price Target On Air Transport Services Group (ATSG)
Thursday, September 30, 2010 - 10:59am | 147Dahlman Rose & Co. analyst Helane Becker is raising her price target on shares of Air Transport Services Group Inc. (NASDAQ: ATSG) to $8 from $6.70, as it believes ATSG's aircraft and customer diversification have enabled it to transform its business. It has a Buy rating on shares. In the...
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Dahlman Rose & Co. Reiterates Hold Rating On Southwest Airlines Co. (LUV)
Thursday, July 29, 2010 - 5:25pm | 160Helane Becker, an analyst of Dahlman Rose & Co., reiterated a hold rating on Southwest Airlines Co. (NYSE: LUV) despite better than expected earnings and a positive outlook for 2010 and 2011. The Analyst estimates LUV's 2010 EPS at $0.73, and she sees 2011 EPS at $0.84. This means that LUV is...
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Jesup & Lamont Recommends Continental Airlines (CAL)
Friday, April 23, 2010 - 11:34am | 147Jesup & Lamont Securities analyst Helane Becker reiterated her Buy rating for shares of Continental Airlines, Inc. (NYSE: CAL), with a price target of $26. Becker said wrote that Continental Airlines has a large cash position of more than $3 billion and that the company has said repeatedly that...
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AirTran Holdings, Inc. (AAI) Maintains A Buy Rating
Wednesday, February 10, 2010 - 4:34pm | 116Analyst Helane Becker at Jesup & Lamont has maintained a Buy rating for AirTran Holdings, Inc. (NYSE: AAI). Jesup & Lemont has a price target of $7.10 for the AirTran Holdings stock. The company has recently announced that it has reached an agreement with its dispatchers, represented by...
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Analyst Reiterates Buy Rating For Continental Airlines (CAL)
Tuesday, February 2, 2010 - 3:30pm | 115Jesup & Lamont analyst Helane Becker reiterated her Buy rating for Continental Airlines, Inc. (NYSE: CAL) because most of the airline's reported financial numbers fell in line with Jesup & Lamont's earlier forecasts. Continental Airlines reported that its January traffic grew by 8.6% as...
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Hawaiian Holdings Inc. (HA) Reports Record 2009 Traffic Numbers
Monday, January 11, 2010 - 10:49am | 113Hawaiian Holdings Inc. (NASDAQ: HA) reported that December traffic grew by 5.1% on flat capacity. For the full year traffic was up by 3.7% on 2.2% more capacity. The number of passengers carried grew by 6.2% to 8.3 MM which is a record for the company. However analyst Helane R. Becker from Jesup...
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UPS Set To Shine
Friday, January 8, 2010 - 4:00pm | 110Helane R. Becker, analyst at Jesup & Lamont, has maintained a Buy rating on United Parcel Service Inc. (NYSE: UPS) and increased its target price by $2.72 per share to $71.00 per share. UPS is a package delivery company that provides transportation, logistics and financial services in U.S. and...