Company Overview and News

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Delta (DAL) Rallies 23% in a Year: What's Aiding the Stock?

2018-08-31 zacks
Shares of Delta Air Lines, Inc. (DAL - Free Report) have rallied around 23% in a year against the industry’s 2% decline in the period.
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Kansas City Southern Hits 52-Week High on U.S.-Mexico Deal

2018-08-30 zacks
Shares of Kansas City Southern (KSU - Free Report) scaled a 52-week high of $120.34 during the trading session on Aug 29 before retracing a bit to close at $119.46. The prime reason behind this stock price surge can be attributed to the recent agreement between the United States and Mexico to rework the NAFTA (North American Free Trade Agreement) deal, thus putting speculations to rest, which were rife over the United States pulling out of NAFTA.
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Alaska Air Unit to Add Seattle-Columbus Service in 2019

2018-08-30 zacks
Alaska Air Group, Inc.’s (ALK - Free Report) wholly owned subsidiary Alaska Airlines has announced a new daily non-stop service between Seattle-Tacoma International Airport and John Glenn Columbus International Airport in Ohio. Operations on the route are expected to begin Mar 7, next year. Notably, this non-stop service would be the only one operating between the Pacific Northwest and Central Ohio.
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GATX Corporation to Present at the Cowen Global Transportation Conference

2018-08-30 globenewswire
CHICAGO, Aug. 30, 2018 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that Thomas A. Ellman, executive vice president and chief financial officer, will present at the Cowen Global Transportation Conference on Wednesday, September 5, 2018. The presentation will include an overview of GATX’s operations.
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Canadian Pacific Scales 52-Week High on Favorable Freight

2018-08-28 zacks
Shares of Canadian Pacific Railway Limited (CP - Free Report) hit a 52-week high of $208.33 during the trading session on Aug 27 before retracing a bit to close at $207.69. Moreover, the stock has surged 35.2% in a year, outperforming the industry’s 33.7% growth.
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JetBlue Airways (JBLU) Suffers From Cost Woes: Time to Dump?

2018-08-28 zacks
We have issued an updated research report on JetBlue Airways Corporation (JBLU - Free Report) on Aug 27. Due to multiple headwinds, shares of the company have declined 16.7% on a year-to-date basis compared with the industry’s fall of 14.8%.
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Ryanair Ends Deadlock, Inks Labor Deal With Irish Pilots

2018-08-27 zacks
Per Reuters, Ryanair Holdings PLC (RYAAY - Free Report) has finally given in to the Irish pilots’ demand, reaching an agreement with the pilots’ union (Fórsa) on Aug 23, following a 22-hour discussion. Post the event, shares of the company have been flying high and closed Friday’s trading session at $99.62, up 1.5%. Ryanair has been grappling with labor unrest since the past few months. The issue caused several flight cancellations during the peak summer season, affecting average fares in turn.
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Golar LNG (GLNG) Q2 Loss Wider on Shipping Market Weakness

2018-08-24 zacks
Golar LNG Limited (GLNG - Free Report) posted lower-than-expected results in the second quarter of 2018. It incurred wider-than-expected loss (excluding 74 cents from non-recurring items) of 38 cents. The Zacks Consensus Estimate for the same stood at 19 cents. However, the amount of loss narrowed significantly from 51 cents a year ago. Total operating revenues of $59.4 million also missed the Zacks Consensus Estimate of $63.
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FedEx (FDX) Grapples With Trade War Tension: Time to Dump?

2018-08-23 zacks
Shares of FedEx Corporation (FDX - Free Report) have slipped 1% so far this year against the industry’s 2.1% increase.
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GATX Stock Surges 35% Year to Date: What’s Behind the Rally?

2018-08-20 investorplace
Shares of GATX Corporation (NYSE:GATX) have rallied 35.2% so far this year, handily outperforming its industry’s 6.2% growth.
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You Should Scrap JetBlue (JBLU) Stock From Your Portfolio Now

2018-08-20 investorplace
Shares of JetBlue Airways (NASDAQ:JBLU) have declined 15.8% so far this year on the back of several headwinds.
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Here's Why You Should Hold onto Canadian National (CNI) Now

2018-08-20 zacks
Canadian National Railway Company (CNI - Free Report) has been thriving on the back of impressive freight demand. Let’s delve deeper into the scenario. Canadian National performed well in the second quarter of 2018 buoyed by robust freight demand. The company reported better-than- expected earnings and revenues. Both metrics also improved year over year. While freight revenues increased 10% in the period, growth was witnessed across most key divisions of the company.
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GATX Stock Surges 35% Year to Date: What's Behind the Rally?

2018-08-20 zacks
Shares of GATX Corporation (GATX - Free Report) have rallied 35.2% so far this year, handily outperforming its industry’s 6.2% growth.
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Here's Why You Should Scrap JetBlue From Your Portfolio Now

2018-08-20 zacks
Shares of JetBlue Airways Corporation (JBLU - Free Report) have declined 15.8% so far this year on the back of several headwinds.
GATX TXN SKYW JBLU GMTA TRN GMT

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Here's Why You Should Hold Spirit Airlines in Your Portfolio

2018-08-20 zacks - 1
We have issued an updated research report on Spirit Airlines, Inc. (SAVE - Free Report) on Aug 17.
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