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Secoo (NASDAQ: SECO ) +85% as Qudian becomes largest shareholder. More news on: Secoo Holding Limited, Summit Wireless Technologies, Inc., RCM Technologies, Inc., Stocks on the move, , Read more ...
Gainers: Ameri Holdings (NASDAQ: AMRH ) +152% . More news on: Ameri Holdings, Inc., Westwater Resources, Inc., Genius Brands International, Inc., Stocks on the move, , Read more ...
Over the last decade, Delta Air Lines (NYSE: DAL) gained a reputation as an innovator in the airline business. Since emerging from bankruptcy in 2007, it kicked off a round of consolidation that helped stabilize the industry while pioneering a more dynamic pricing structure to help legacy ca...
Shares of Brazilian airline Gol Linhas Aereas Inteligentes (NYSE: GOL) popped more than 10% in early trading Monday morning, and remain up a healthy 8.6% as of 11:35 a.m. EDT. But why is Gol stock up at all? That's not immediately clear. With nearly 515,000 reported coronavirus infections ...
LATAM Airlines (NYSE: LTM ): Q1 GAAP EPS of -$3.50 misses by $3.35 . Revenue of $2.35B (-7.1% Y/Y) beats by $30M . The loss was driven by $1.73B goodwill impairment charge due to COVID-19. Costs per ASK was $0.06 (-1.2% Y/Y) and fuel gallons consumed 286M (-11.1%). Passenger ASK 35...
International partnerships have been one of the biggest trends in aviation over the past two decades. Delta Air Lines ( DAL ), American Airlines ( AAL ), and United Airlines ( UAL ) have teamed up with numerous peers in other countries to gain pricing power and offer more itinerary optio...
ARCA biopharma (NASDAQ: ABIO ) +59% on launching AB201 program in COVID-19. More news on: ARCA biopharma, Inc., PhaseBio Pharmaceuticals, Inc., Technical Communications Corporation, Stocks on the move, , Read more ...
Bank of America dives into the Latin American airline sector amid the unprecedented shockwaves from the pandemic. More news on: Copa Holdings, S.A., Azul S.A., Gol Linhas Aéreas Inteligentes S.A., Consumer stocks news, Read more ...
The stock market is sending investors confusing signals Wednesday morning, with the Dow index of blue chip names rising nearly a full percentage point in 11:30 a.m. EDT trading, but the Nasdaq down 1.3%. Perhaps the most curious data point in all of this, though, is the fact that shares...
Gainers: Hertz Global (NYSE: HTZ ) +104% . More news on: Hertz Global Holdings, Inc., Euroseas Ltd., Mersana Therapeutics, Inc., Stocks on the move, , Read more ...
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Santiago, Chile, Nov. 03, 2022 (GLOBE NEWSWIRE) -- LATAM group, the leading airline group in Latin America, announced today that it successfully completed its financial restructuring process in the United States, which it voluntarily commenced in May 2020 to reduce its debt, access new sour...
Santiago, Chile, Aug. 09, 2022 (GLOBE NEWSWIRE) -- LATAM Group announced today its consolidated financial results for the second quarter of the year, which reflect a gradual recovery of the operation, reaching a consolidated capacity (measured in ASK) of 72.6% compared to 2019 levels, which...
Santiago, Chile, June 18, 2022 (GLOBE NEWSWIRE) -- LATAM Airlines Group and its subsidiaries in Brazil, Chile, Colombia, Ecuador, Peru and the United States announced that the U.S. Bankruptcy Court for the Southern District of New York approved the group's Plan of Reorganization filed by LA...