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Here's Why Warren Buffett Invested in Southwest Airlines
Tuesday, August 29, 2017 - 3:10pm | 4354The economics of the airline industry are dreadful. Here are some reasons why I believe so. high fixed costs - employee, fuel, rents (terminal, etc), no pricing power - commodity like pricing which is often dependent on your competitor, violently cyclical - each time the economy sneezes...
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Benzinga's Bulls And Bears For The Past Week: Delta Air Lines, Buffalo Wild Wings And More
Saturday, July 1, 2017 - 11:43am | 653Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls featured travel and transportation stocks. Other calls focused on food and beverage stocks. Independence Day is upon us, meaning summer is undeniably in full swing. It is a time for taking trips...
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3 Transportation CEOs Make Big Bets On Their Companies
Tuesday, August 9, 2016 - 11:06am | 739Insider buying has increased as the earnings reporting season winds down, even in the face of the markets hitting new highs. Three transportation CEOs have made notable insider purchases in the past week. Strong insider buying is often considered a positive sign for investors,...
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GM And GE: Will Revitalization Efforts Pay Out In Earnings?
Tuesday, April 19, 2016 - 4:43pm | 590Upcoming earnings highlights include the latest results from two old-school giants striving to improve their prospects. Wall Street analysts are looking for earnings growth from just one of them. However, both have handily bested earnings expectations in recent quarters. The new earnings season...
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McDonald's Vs. Starbucks: Which Earnings Will Be Tastier?
Tuesday, April 19, 2016 - 9:19am | 607Upcoming earnings highlights include the latest results from two popular purveyors of coffee and other consumables. Wall Street analysts are looking for earnings growth each of them, but a top-line decline from one. And, one of them has a better record of topping earnings expectations in recent...
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Will Intel And Microsoft Top Earnings Expectations Again?
Sunday, April 17, 2016 - 7:01pm | 559The first-quarter earnings reporting season kicks into high gear this week. Highlights will include the latest results from two technology giants. Wall Street analysts are looking for earnings growth from both of them. The new earnings season is underway, and among the highlights this week will...
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Coke Versus Pepsi: Which Beats Low Q1 Earnings Expectations?
Sunday, April 17, 2016 - 6:56pm | 580The first-quarter earnings reporting season kicks into high gear this week. Highlights will include the latest results from two beverage giant rivals. Wall Street analysts are looking for earnings declines from both of them. The new earnings season is underway, and among the highlights this week...
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Southwest Warns RASM Could Drop This Quarter; Airline Stocks Are Falling
Tuesday, December 8, 2015 - 12:43pm | 374Shares of Southwest Airlines Co (NYSE: LUV) plunged more than 7 percent on Tuesday after the company reported a 13.9 percent year-over-year increase in revenue passenger miles in November. However, the company cautioned that its fourth quarter 2015 operating revenue per available seat mile (...
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What Short Sellers Like About American And Southwest Airlines
Sunday, September 13, 2015 - 12:47pm | 936Among the major U.S.-based airline stocks, short sellers seem to find something to like in American Airlines Group Inc (NASDAQ: AAL) and Southwest Airlines Co (NYSE: LUV) between the August 14 and August 31 settlement dates. This comes even though airlines in general continue to profit from strong...
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Southwest Airlines Launches 3-Day Fare Sale
Wednesday, June 3, 2015 - 4:42pm | 278Southwest Airlines Co. (NYSE: LUV) launched a three-day sale for fall travel Thursday with one-way fares starting at $49. Southwest traded recently at $37.74, down $0.08. The shares are off about 1.5 percent since the sale was announced. Virgin America Inc (NASDAQ: VA) was reportedly...
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Imperial Capital Raises Price Target On Southwest Airlines
Wednesday, November 26, 2014 - 12:35pm | 153Bob McAdoo of Imperial Capital reiterated an Outperform rating on Southwest Airlines Co (NYSE: LUV) on Wednesday with a price target raised to $48 from a previous $35. “Southwest should benefit from strong domestic industry trends, including lower fuel prices, as well as company specific catalysts...
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Imperial Capital Updates The Airline Industry; American Airlines Is Top Pick
Friday, October 24, 2014 - 9:34am | 529Bob McAdoo of Imperial Capital issued an industry wide update for the airline industry following a mostly better-than-expected quarterly earnings seen in many individual airlines. "By and large, record third quarter 2014 operating results have been consistent with or better than investor...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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Airline Earnings: Southwest, American Airlines, JetBlue Were All Flying Higher
Thursday, October 23, 2014 - 4:34pm | 506Several airlines reported earnings on Thursday morning. Investors and traders have been paying particularly close attention to the group in recent weeks as oil prices tumbled while the Ebola scare placed a negative sentiment on the entire sector. Southwest Airlines: Improving Metrics...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...