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Spirit Airlines (NYSE:SAVE) took a nosedive on Monday after rejecting JetBlue’s (JBLU) upgraded offer to takeover the low-cost carrier. Shares sank over 9% on the news that the new offer of $33 cash per share, along with a number of deal-sweeteners, would be rebuffed. Instead, Spirit A...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spirit Airlines (NYSE: SAVE ) isn’t flying too high this morning. The airline is watching shares sink this morning after rejecting an offer to be bought by JetBlue (NASDAQ: JBLU ). The $33-per-share offer...
While earnings news has dominated the headlines in recent weeks, a few other stories have generated action in Monday's midday trading as well. This includes Spirit Airlines (NYSE:SAVE), which fell in the intraday period as it continues to favor a merger deal with Frontier Airlines (ULCC), des...
Spirit Airlines (NYSE: SAVE) is sticking with a merger agreement with Frontier Group Holdings (NASDAQ: ULCC) , even though JetBlue Airways (NASDAQ: JBLU) is offering a higher price. Investors appear to be disappointed, sending shares of Spirit down more than 8% on Mo...
Spirit Airlines Board of Directors Reiterates Support for Merger with Frontier Airlines PR Newswire Board Unanimously Determined JetBlue Proposal Does Not Constitute a 'Superior Proposal' Company Intends to Continue Advancing Toward Completion of Transaction wi...
By adding clear divestiture commitments and a reverse break-up fee to its previous all-cash offer, JetBlue offers more value and certainty to Spirit shareholders than the Frontier transaction Travelers shouldn’t have to choose between a low fare and a great experience; ...
Earnings was the main theme for the week ending April 29, barring the two Chinese companies which took the top 2 spots. The SPDR S&P 500 Trust ETF (SPY) -3.30% has been in the red for a month now (4 weeks in a row). YTD, the ETF is -13.26%. The Industrial Select Sector SPDR...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
JetBlue Airways (NASDAQ: JBLU) is struggling to hire pilots at a fast enough pace, and as a result, it's slashing its growth forecast for the year. Investors reacted by hitting the eject button, sending JetBlue shares down 12% for the week as of Thursday afternoon. Airlines came...
5 Travel Stocks To Add To Your May 2022 Watchlist As demand for spring and summer travel remains high, travel stocks could be worth keeping tabs on in the stock market. Despite the higher flight ticket prices, travelers appear to be shrugging off the increased costs from rising ...
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JetBlue Airways (Nasdaq:JBLU) today announced the appointment of Jamie Perry as president of the airline’s JetBlue Travel Products subsidiary. Perry will lead the growth of the JetBlue Vacations brand and other non-air travel products including Paisly, JetBlue’s homegrown travel web...
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (Nasdaq:...
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