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2023-03-13 16:19:23 ET Market turmoil appeared to weigh on the airline sector as the sector ( NYSEARCA: JETS ) -3.71% declined sharply on Monday. The implications of bank failures are important for the industry that has counted on a steady return to pre-pandemic ...
2023-03-09 06:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2023-03-09 01:51:00 ET Summary The U.S. Department of Justice on Tuesday sued to block JetBlue Airways’ $3.8 billion acquisition of Spirit Airlines. It would be the third curious regulatory intervention in recent weeks, each encouraged by Democratic Senator Elizabeth Warren...
2023-03-08 18:19:15 ET The latest development in the saga that is the proposed acquisition of Spirit Airlines (NYSE: SAVE) by peer JetBlue Airways (NASDAQ: JBLU) gave the former company's investors hope on Wednesday. Specifically, this was the reassignment of a government la...
2023-03-08 11:01:32 ET Summary The DoJ is attempting to block the JetBlue-Spirit combination. Opposition was expected, but JetBlue reached one prime target, and that's preventing the combination of a bigger ultra low-cost carrier. Spirit Airlines stock is the better investment...
Stocks sold off sharply Tuesday after comments from Federal Reserve Chair Jerome Powell suggested that rates may need to go higher for longer, fueling fears of a potentially larger hike at the central bank's next policy meeting. The Dow Jones Industrials sold off 574.98 points, or 1.7%, to cl...
2023-03-07 14:40:07 ET JetBlue Airways ( NASDAQ: JBLU ) and Spirit Airlines ( NYSE: SAVE ) vowed to fight Department of Justice and Transportation efforts to block the airlines’ planned merger on Tuesday. Executives at both carriers moved to rebut the DOJ ...
2023-03-07 14:00:15 ET The Department of Justice, as expected, has sued to try to block JetBlue Airways (NASDAQ: JBLU) from acquiring Spirit Airlines (NYSE: SAVE) . But 24 hours after Spirit shares fell on the rumor , today, the stock is actually up more than 3% on the n...
JetBlue and Spirit confident that the proposed merger is procompetitive Settlement agreement with Florida resolves state’s concerns and offers model on how government can ensure new jobs and additional flights JetBlue Airways Corporation (“JetBlue”) (NASDAQ:...
2023-03-07 12:30:11 ET Summary The market believes the Spirit Airlines, Inc. - JetBlue Airways Corporation deal is as good as dead. If it fails, I'm not sure the sustained downside is all that intimidating. Meanwhile, there are interesting advance payments and the tiny probabi...
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2024-07-30 14:30:15 ET Image source: The Motley Fool. JetBlue Airways (NASDAQ: JBLU) Q2 2024 Earnings Call Jul 30, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: JetBlue Airways (JBLU) Q2 2024 Earnings Call Transcript
2024-07-30 13:52:24 ET Shares of JetBlue (NASDAQ: JBLU) were soaring Tuesday, up by 17% as of 1 p.m. ET after the discount airline landed a surprise profit in the middle of Wall Street before the opening bell. Heading into the quarterly report, the consensus view among analysts ...
Exceeded second quarter guidance targets Introducing JetForward, the evolution of JetBlue's strategy to restore profitability Targeting $800M - $900M of incremental EBIT (1) in 2027 JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for...