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United, Delta Fly High, Lift Industrial Stocks Beyond S&P 500 Gains
Thursday, October 17, 2024 - 2:52pm | 445Read More...Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund (NYSE:XLI) surging by 6.10%, outpacing the broader S&P 500's 3.72% gain. The charge was led by aviation giants United Airlines Holdings Inc (NASDAQ:UAL) and Delta Air Lines Inc (NYSE:DAL), two...
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Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify
Thursday, October 17, 2024 - 8:34am | 595Read More...Spirit Airlines Inc (NYSE:SAVE) is facing turbulent skies ahead. While the broader airline industry is flying high, Spirit's financial woes are pushing it toward a potential bankruptcy. With debt piling up and its stock plummeting, the budget carrier is now fast-tracking the retirement of its...
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Oil Prices Take Largest Plunge In Over A Year As Israel Vows To Spare Iranian Facilities: Energy Stocks Sink, Airlines, Cruise Lines Rally
Tuesday, October 15, 2024 - 10:50am | 977Read More...Oil prices took a sharp dive on Tuesday, tumbling over 5% in morning trading in New York, as geopolitical tensions in the Middle East slightly eased after Israeli Prime Minister Benjamin Netanyahu reportedly pledged that Iran's crude oil infrastructure would be spared from any potential retaliatory...
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Can United Airlines Stock Climb Higher After 56% Gain This Year? Bullish Momentum Builds Ahead Of Q3 Earnings
Tuesday, October 15, 2024 - 8:10am | 648Read More...United Airlines Holdings Inc (NASDAQ:UAL) will report its third-quarter earnings on Tuesday following the market close, and investors will watch closely. Wall Street expects the company to deliver earnings per share (EPS) of $3.13 and revenues of $14.78 billion. With the stock up a significant 60....
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United Airlines Q3 Earnings Preview: Hurricane Impacts, International Expansion, And Margin Focus
Monday, October 14, 2024 - 4:41pm | 637Read More...United Airlines Holdings (NASDAQ:UAL) could provide an industry outlook for the airline sector and an early look at the impact of flight delays and cancellations from Hurricane Milton when the company reports third-quarter financial results Tuesday after market close. Earnings Estimates: Analysts...
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Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here's What History Shows About Carrier Mergers
Friday, October 4, 2024 - 1:09pm | 971Read More...When word got around that Spirit Airlines, Inc. (NYSE:SAVE) was considering a bankruptcy filing, critics quickly took to social media to blame the Biden administration. Why? Recall how, in January, U.S. antitrust regulators successfully blocked JetBlue Airways Corporation (NASDAQ:JBLU) from buying...
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Will Airlines Soar Or Stall? What Insider Trades Say About Industry's Future
Thursday, October 3, 2024 - 3:05pm | 494Read More...Airline stocks have endured a year of turbulence, reflected by wild swings in share price, industry expectations and earnings. Recent insider trades of airline companies could indicate where the industry will head next. The Trades: Benzinga Edge compiles information on insider trade filings....
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LATAM Airlines' Earnings Will Remain 'Higher For Longer,' Says Bullish Analyst
Tuesday, October 1, 2024 - 12:05pm | 291Read More...LATAM Airlines Group SA (NYSE:LTM) shares were declining in early trading on Tuesday. The company has emerged from bankruptcy stronger and is now larger and leaner, according to Morgan Stanley. Analyst Jens Spiess initiated coverage of LATAM Airlines Danaher with an Overweight rating and price...
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Boeing Braces For Turbulence As Strikes, Furloughs Send Stock Sliding, Bearish Signals Prevail
Thursday, September 19, 2024 - 11:44am | 630Read More...Boeing Co's (NYSE:BA) stock is flying low as the company battles a machinist strike that has forced tens of thousands of workers off the job. In a bid to cut costs, Boeing has furloughed thousands of U.S. employees, executives, and non-essential contractors. CEO Kelly Ortberg confirmed the...
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Airline Stocks In Trouble: Delta, United's Death Cross Signals Warning
Friday, August 30, 2024 - 10:29am | 811Read More...As turbulence continues in the airline sector, Delta Air Lines Inc. (NYSE:DAL) and United Airlines Inc. (NYSE:UAL) have both recently formed a Death Cross on their stock charts — a bearish technical pattern that indicates potential trouble ahead. Here's a closer look at what this means for...
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Delta Air Lines Stock Nears Death Cross: Time To Fasten Your Seat Belt?
Monday, August 26, 2024 - 3:53pm | 895Read More...Delta Air Lines Inc. (NYSE:DAL), a cornerstone of the American aviation industry and the oldest operating airline in the U.S., is heading into turbulent skies. Chart created using Benzinga Pro As the stock flirts with a Death Cross — a technical pattern where a short-term moving average crosses...
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Flight Attendant Hasn't Paid Rent For 10 Years, Tax-Free Salary Helps Her Live 'Dream Life'
Saturday, August 24, 2024 - 3:30pm | 671Read More...The idea of not having to pay rent while working a job might sound like a great perk. One flight attendant did just that and now lives a “dream life” thanks to the airline industry. What Happened: To be able to travel around the world is a dream come true. Thirty-three-...
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Boeing Stock Is Flying Low, But Are Technical Indicators Ready For Takeoff?
Tuesday, August 20, 2024 - 11:03am | 708Read More...Boeing Co. (NYSE:BA) is navigating some serious turbulence this year, with the stock down 31% YTD. But amid FAA inspections, halted test flights and regulatory headwinds, could the technical indicators be hinting at a turnaround? Let's buckle up and see where the charts are pointing. FAA...
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Alaska Airlines-Hawaiian Airlines $1.9B Merger Gets DOJ Green Light, Awaits Transportation Department Nod
Tuesday, August 20, 2024 - 4:40am | 546Read More...The proposed $1.9 billion merger between Alaska Airlines (NYSE:ALK) and Hawaiian Airlines by Hawaiian Holdings, Inc. (NASDAQ:HA) has received clearance from the U.S. Justice Department, marking a significant step forward in the deal announced eight months ago. The merger is now pending approval...
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Alaska Air Stock Forms Death Cross: Is Turbulence Ahead For ALK?
Friday, August 16, 2024 - 8:41am | 649Read More...Alaska Air Group Inc. (NYSE:ALK) stock just hit a technical milestone that no investor wants to see: a Death Cross. This ominous indicator occurs when the 50-day simple moving average (SMA) crosses below the 200-day SMA, signaling a potential continuation of the stock's downward trajectory. Alaska...
















