Company Overview and News
In the past week, low-cost carrier Southwest Airlines Co. (LUV - Free Report) issued an improved third-quarter unit revenue view, driven by strong demand for air travel. Notably, this Dallas-based company unveiled the new projection while disclosing its August traffic report.
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2018-09-12 zacks - 1
In the past week, United Continental Holdings, Inc. (UAL - Free Report) and JetBlue Airways Corporation (JBLU - Free Report) issued upbeat third-quarter unit revenue views, courtesy of solid demand for air travel. Meanwhile, Hawaiian Holdings, Inc.’s (HA - Free Report) wholly owned subsidiary, Hawaiian Airlines, trimmed its projection for operating revenue per available seat mile (RASM: a key measure of unit revenue) due to adversities arising from Hurricane Lane.
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Per Reuters, Ryanair Holdings plc’s (RYAAY - Free Report) cabin crew across five different countries have warned of a possible strike late in September, if the airline fails toprovide better working conditions. Following this news, shares of the company closed 2.6% down on Sep 7. Last Friday, unions representing cabin crew in Italy, Portugal, Belgium, Spain and the Netherlandssent a joint letter to the company, threatening to launch the largest ever protest in case it does not improve work environment.
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LONDON: EasyJet Plc chief executive officer Johan Lundgren is in talks for further deals allowing passengers to connect with flights operated by long-haul carriers after announcing an accord with Singapore Airlines Ltd.
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Ryanair Holdings plc (RYAAY - Free Report) posted impressive August traffic numbers despite numerous flight cancellations due to ATC staff shortages and labor-unrest. Traffic in the month (including that from its LaudaMotion unit), rose 9% year over year to 13.8 million, while load factor remained fixed at 97% primarily owing to cheap air fares. The company’s Laudamotion unit in Austria recorded a traffic of 0.
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In the past week, United Continental Holdings, Inc. (UAL - Free Report) joined JetBlue Airways Corporation (JBLU - Free Report) in increasing fees for checked bags. Apart from the update on baggage fees, United Continental was also in news as a result of the decision to expand its transatlantic network next year.
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Chicago, IL –August 30, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Delta Air Lines, Inc. (DAL - Free Report) , Ryanair Holdings plc (RYAAY - Free Report) , United Continental Holdings, Inc. (UAL - Free Report) , American Airlines Group Inc.
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In the past week, premier trade organization Airlines for America (‘A4A’) issued a bright forecast for U.S. carriers. It is expected that U.S. airlines will make hay in the Labor Day holiday period (Aug 29 – Sep 4) owing to increased travel demand and affordable air fares.
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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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(Aug 16): Talks between Ryanair Holdings Plc and representatives of striking Irish pilots extended into the early hours Thursday, as the two sides sought to reach an agreement that could hold the key to resolving a wider European dispute over pay and contracts.
In the past week, Latin American carrier — Copa Holdings, S.A. (CPA - Free Report) — unveiled disappointing numbers for the second quarter of 2018, wherein earnings and revenues missed estimates. Results were hurt by high fuel costs and the Panama-Venezuela row, which caused several flight cancellations in April.
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Shares of Ryanair Holdings plc (RYAAY - Free Report) tumbled to a 52-week low of $94.50 on Aug 10. However, shares recovered to some extent to close the trading session at $96.77, down 2.8% from the closing price of Aug 9.
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2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
2018-09-18 - Asif
Overview The company design, develop and sell exoskeleton technology to augment human strength, endurance and mobility. The company's exoskeleton technology serves multiple markets and can be used both by able-bodied users as well as by persons with physical disabilities. Ekso Bionics has sold, rented or leased devices that (a) enable individuals with neurological conditions affecting gait (stroke and spinal cord injury) to rehabilitate and to walk again and (b) allow industrial workers to perform heavy duty work for extended periods. Today, its medical exoskeleton, Ekso GT, is used as a rehabilitation tool to allow physicians and therapists to rehabilitate patients who have suffered a stroke or spinal cord injury. With its unique features designed specifically for hospitals and its proprietary SmartAssist software, Ekso GT allows for the early mobilization of patients, with high step count and high dosage treatments. The intent is to allow the patient’s central nervous syst...
2018-09-18 - Asif
Overview Agile Therapeutics is a forward-thinking women’s healthcare company dedicated to fulfilling the unmet health needs of today’s women. Twirla® and its other current potential product candidates are designed to provide women with contraceptive options that offer greater convenience and facilitate compliance. The company's lead product candidate, Twirla, also known as AG200-15, is a once-weekly prescription contraceptive patch that is at the end of Phase 3 clinical development. Since its inception in 1997, Agile Therapeutics has devoted substantial resources to developing Twirla, building its intellectual property portfolio, business planning, raising capital and providing general and administrative support for these operations. The company incurred research and development expenses of $14.4 million, $20.9 million and $25.6 million during the years ended December 31, 2017, 2016 and 2015, respectively. The company incurred research and development expenses of $2.4 milli...
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