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Investors, Traders Send Virgin America Higher Following IPO
Tuesday, November 18, 2014 - 12:07pm | 121Read More...Shares of Virgin America Inc (NASDAQ: VA), the low-cost airline, popped higher Tuesday following its IPO debut last Friday. Shares of the company opened for trading at $33.73 after pricing its IPO at $23. Shares flew higher to $36.58 before cooling off a bit, trading at $36.11. Virgin America...
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Why The Shorts Have Exited Major Airlines
Saturday, June 14, 2014 - 4:52pm | 1061Read More...Short sellers got out of the way of the major U.S.-based airline stocks in the lead up to the summer travel season and as share prices rose as much as 10 percent to multiyear highs. The number of shares sold short in American Airlines (NASDAQ: AAL), Delta Air Lines (NYSE: DAL) and United...
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U.S. Airways Sees Short Interest Swell (DAL, LUV, UAL)
Wednesday, November 13, 2013 - 3:17pm | 1005Read More...Short sellers largely retreated from U.S.-based airline stocks between the October 15 and October 31 settlement dates. However, the number of shares sold short in U.S. Airways (NYSE: LCC) rose significantly in the period. Note that American Airlines remains in bankruptcy, pending its merger with...
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Short Interest Soars In Delta Air, Southwest (DAL, LUV, UAL)
Friday, September 27, 2013 - 11:12am | 945Read More...Among the in U.S.-based airlines, the largest upswings in short interest in early September, as the summer travel season came to a close, happened to Delta Air Lines (NYSE: DAL) and Southwest Airlines (NYSE: LUV). The number of shares sold short in Allegiant Travel (NASDAQ: ALGT) and SkyWest (...
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Short Sellers Return To Delta, Flee U.S. Airways (DAL, LCC, UAL)
Friday, September 13, 2013 - 7:51am | 961Read More...Among the in U.S.-based airlines, the largest upswings in short interest in late August happened to Delta Air Lines (NYSE: DAL) and United Continental (NYSE: UAL), as the summer travel season began to wind down. The number of shares sold short in Alaska Air Group (NYSE: ALK), Allegiant Travel (...
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Short Sellers Pull Back From Delta, Republic Airways (ALGT, DAL, RJET)
Wednesday, August 28, 2013 - 4:21pm | 960Read More...After pulling back for most of the summer travel season, short sellers moved back into Las Vegas-based Allegiant Travel (NASDAQ: ALGT) in early August. Short interest in U.S.-based airlines JetBlue Airways (NASDAQ: JBLU), Spirit Airlines (NASDAQ: SAVE), United Continental (NYSE: UAL) and U.S....
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Short Sellers Return to United Continental (ALGT, RJET, UAL)
Sunday, August 11, 2013 - 12:54pm | 938Read More...After pulling back early in the summer travel season, short sellers are moved back into United Continental (NYSE: UAL) as July came to a close. Short interest in U.S.-based airlines Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: JBLU) and Spirit Airlines (NASDAQ: SAVE) grew more modestly...
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UPDATE: Bank of America Reduces Price Target to $10 for SkyWest
Monday, July 18, 2011 - 9:52am | 106Read More...Bank of America has published a report on SkyWest (NASDAQ: SKYW) reducing the price target to $10 from $12. In the report, Bank of America wrote, "SKYW pre-announced 2Q results well below our and Street estimates, singling out several items (higher crew costs, merger-related items, and investment...
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Dahlman Rose Maintains Hold Rating On SkyWest
Monday, July 18, 2011 - 7:48am | 99Read More...Dahlman Rose & Co. have published a research report on SkyWest (NASDAQ: SKYW) lowering their outlook for the company. In the report, Dahlman commented, "Late Friday SkyWest pre-announced 2Q11 earnings. Management expects SkyWest to generate break-even results due to four major factors. SkyWest...
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Bank of America Reports Pressure on SkyWest
Monday, July 18, 2011 - 7:01am | 155Read More...Bank of America has published a report on SkyWest (NASDAQ: SKYW) noting higher costs for the passenger airline. In the report, Bank of America commented that, "Demand for 50-seat regional jets is contracting and rate pressures are slowly pushing down margins, yet underlying cost pressures (health...
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SkyWest Reports Expected Loss, Deutsche Bank Maintains Buy Rating
Wednesday, May 4, 2011 - 9:08am | 116Read More...Deutsche Bank has published a research report on SkyWest (NASDAQ: SKYW) after the company reported an expected loss during its March quarter. In the report, Deutsche Bank writes "SkyWest reported a loss per share of $0.21 which was modestly better than both our loss per share forecast and the...
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Deutsche Bank Upgrades SkyWest Rating To Buy
Monday, March 7, 2011 - 8:56am | 131Read More...In a report published by Deutsche Bank, SkyWest (NASDAQ: SKYW) was upgraded to Buy on improved earnings outlook. Deutsche Bank reported that it is raising its rating on SKYW shares from Hold to Buy to reflect an improved earnings outlook driven by the acquisition of ExpressJet. “As such, we are...
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Deutsche Bank Upgrades SkyWest To Buy, PT To $20
Monday, March 7, 2011 - 8:31am | 30Read More...Deutsche Bank has upgraded SkyWest, Inc. (NASDAQ: SKYW) from Hold to Buy and has raised the price target from $14 to $20.
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SkyWest Exceeds Estimates
Thursday, November 4, 2010 - 8:47am | 113Read More...Dahlman Rose has published a research report on SkyWest, Inc. (NASDAQ: SKYW) after the company reported 3Q EPS that exceeded estimates and thus put pressure on margins. In the report, Dahlman Rose writes "Genco reported 3Q10 EPS of $0.99, beating our $0.86 estimate as well as the $0.96 consensus...
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U.S. Airlines Conference Call With DB Today
Tuesday, September 28, 2010 - 6:56am | 260Read More...Deutsche Bank is hosting a conference call today, 9/28 at 10:30am ET with Mike Linenberg to provide the latest views into the U.S. Airline Industry. Call 1-800-309-8606 to participate. Focus stocks for this conference call include: AirTran Holdings, Inc. (NYSE: AAI),$4.55 Buy, Price Target $7.00...
