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UBS cut its rating on United Airlines Holdings (NASDAQ:UAL) to Neutral from Buy on what it calls visible headwinds on the cost side of the ledger. The firm said it sees less compelling upside following the modest year-to-date rally against a tough market backdrop. Analyst Myles Walton: "Altho...
Delta Air Lines (NYSE: DAL) got airline earnings season off to a positive start, and took most of the rest of the industry along for the ride. Shares of Delta traded up 14.5% for the week as of Thursday afternoon trading, with shares of United Airlines Holdings (NASDAQ: UAL) ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Southwest Airlines ( LUV ) shares surged 7.5% on Wednesday on above-average volume. The airline heavyweight rode the coattails of Delta Air Line’s ( DAL ) earnings announcement. If LUV stock can brea...
In any tight industry grouping, stocks can benefit handsomely when one of their own does well. That was the dynamic at play on Wednesday, when both JetBlue Airways (NASDAQ: JBLU) and United Airlines Holdings (NASDAQ: UAL) rose at market-beating rates. The former's share ...
The travel and leisure sector got a jolt early on Wednesday when Delta Air Lines (NYSE:DAL +5.4%) disclosed that its had the highest bookings ever over a five-week period. That has investors looking at a summer travel trade across multiple discretionary categories. Airline stocks that broke h...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Airline stocks are jumping higher today after Delta Air Lines (NYSE: DAL ) issued strong first-quarter results and provided positive forward guidance. Source: Shutterstock Shares of American Airlines (NASDAQ: ...
Antares Pharma ATRS +49% on ~$1B acquisition deal by Halozyme. Sierra Oncology SRRA +37% GSK to acquire Sierra Oncology for $1.9B to bolster specialty meds. BriaCell Therapeutics (BCTX) +17% receives FDA fast track approval for targeted breast cancer immunotherapy. Hi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Southwest Airlines ( LUV ) has a fuel hedging strategy that could provide a major boost vis-a-vis competitors. April started on the wrong foot, but it’s a minor hiccup in the firm’s return. ...
Shares of UAL look interesting ahead of its Q1 earnings report. Data suggests the recovery in air travel demand has been accelerating and otherwise resilient to the ongoing macro headwinds. We are bullish on the stock which benefits from a strong growth outlook and strategy to imp...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With fears of flying easing in the U.S. and worries about the war in the Ukraine badly hurting the travel sector having greatly receded, it’s a good time to buy Delta (NYSE: DAL ) stock. Also importantly, DAL...
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United Is First Airline to Purchase Sustainable Aviation Fuel (SAF) for O'Hare International Airport PR Newswire Governor Pritzker joins United leaders to highlight the role that Illinois SAF tax credits played in paving the way for SAF at O'Hare in 2024; first supply to arriv...
United Applies to Expand Service Between San Francisco and Washington National Airport PR Newswire Proposed new daily nonstop flight from San Francisco and Washington National will provide more options and flexibility for travelers, as well as easy connections to more than...