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Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...
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Why The Shorts Have Exited Major Airlines
Saturday, June 14, 2014 - 4:52pm | 1061Short 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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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...
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Market Wrap For January 9: All Eyes on Tomorrow's Job Report
Thursday, January 9, 2014 - 5:43pm | 2416Markets were relatively calm during Thursday's trading session as investors anticipate Friday's jobs report. The December employment report is expected to show about 200,000 payroll jobs representing a steady growth and a clear sign that labor market and economy are both strong. Related:...
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U.S. Airways Sees Short Interest Swell (DAL, LUV, UAL)
Wednesday, November 13, 2013 - 3:17pm | 1005Short 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 | 945Among 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 | 961Among 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 | 960After 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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Department of Justice and Airlines Argue Over Merger Trial Start Date
Wednesday, August 28, 2013 - 10:27am | 572The question of whether US Airways (NYSE: LCC) and American Airlines will be allowed to merge will be settled in court. What is not settled is the date. Reuters reported Tuesday that the U.S. Justice Department asked a federal court to start the trial March 3. The airlines had requested a 10-...
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Short Sellers Return to United Continental (ALGT, RJET, UAL)
Sunday, August 11, 2013 - 12:54pm | 938After 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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Spirit Airlines Bucks the Short Interest Trend in the Industry (ALK, ALGT, SAVE)
Sunday, July 28, 2013 - 2:02pm | 909With the summer travel season well underway, the short interest in most U.S.-based airlines dwindled. Alaska Air Group (NYSE: ALK) and Allegiant Travel (NASDAQ: ALGT) saw sizable drops in their numbers of shares sold short between the June 28 and July 15 settlement dates. The number of shares...
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Short Sellers Continue to Shy Away from Southwest Airlines (LUV, SAVE, UAL)
Sunday, July 14, 2013 - 11:05am | 798As the summer travel season got underway, Southwest Airlines (NYSE: LUV), Spirit Airlines (NASDAQ: SAVE) and United Continental (NYSE: UAL) saw sizable swings in short interest. Other players in the U.S. airline industry that saw increasing short interest between the June 14 and June 28...
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Southwest, United Continental Buck Short Interest Trend (LUV, SAVE, UAL)
Friday, June 28, 2013 - 11:43am | 809As the summer travel season got underway, Southwest Airlines (NYSE: LUV) and United Continental (NYSE: UAL) saw sizable declines in short interest. But other players in the U.S. airline industry saw increasing short interest between the May 31 and June 14 settlement dates. These include Allegiant...
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Short Interest Rises in Delta, Falls in U.S. Airways (DAL, LCC)
Wednesday, June 12, 2013 - 1:21pm | 901Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV) and U.S. Airways (NYSE: LCC) had the largest swings in short interest in the U.S. airline industry between the May 15 and May 31 settlement dates. We take a closer look at these three below. The number of shares sold short in Alaska...