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Zacks News
Airlines Cut Costs: Will it Offset Coronavirus-Led Low Demand?
by Eshani Haque
To counteract the drop in demand caused by the rapidly spreading coronavirus, airlines are reducing capital expenses, discretionary operating costs as well as suspending share buybacks.
Wall Street Rises on Trump's Stimulus: ETF & Stock Gainers
by Sanghamitra Saha
Trump plans to offer fiscal stimulus to counter coronavirus-related economic fallout. As the Wall Street rallied on the hopes, these ETFs and stocks gained massively.
Coronavirus Hits Airlines, Market Volatility & Buy this Home Builder Stock - Free Lunch
by Benjamin Rains
Monday's selloff and Tuesday's up and down reaction. Oil prices and their impact. What's next on the coronavirus front. And we close with a look at why Lennar (LEN) is a Zacks Rank #1 (Strong Buy) stock right now...
FedEx (FDX) Picks New CFO, Incumbent Alan Graf to Retire
by Zacks Equity Research
Mike Lenz is chosen to serve as FedEx's (FDX) CFO, replacing the veteran Alan Graf. Lenz is currently the company's vice president and treasurer.
Southwest Airlines Down on Coronavirus-Induced Q1 RASM View
by Zacks Equity Research
Southwest Airlines (LUV) expects first-quarter 2020 operating revenues to decline between $200 and $300 million.
Stock Market News for Mar 6, 2020
by Zacks Equity Research
Benchmarks fell sharply on Thursday as investors remained concerned regarding coronavirus widespread in the United States.
IATA's New Forecast Adds Gloom to Coronavirus-Hit Airlines
by Eshani Haque
IATA anticipates the Asia-Pacific carriers to witness up to 32% decline in passenger numbers, equivalent to a $57.3-billion revenue loss.
Zacks Industry Outlook Highlights: American Airlines, United Airlines, Delta Air Lines, LATAM Airlines and Ryanair
by Zacks Equity Research
Zacks Industry Outlook Highlights: American Airlines, United Airlines, Delta Air Lines, LATAM Airlines and Ryanair
Coronavirus Volatility, Fed's Next Move & Buy this Soaring Medical Stock - Free Lunch
by Benjamin Rains
Thursday's market downturn continues coronavirus volatility. What the Fed might do next. What's going on with stocks such as United Airlines, Kroger, and Netflix. The episode then closes with a look at why ResMed is a Zacks Rank #1 (Strong Buy) stock...
United Airlines Takes Several Steps to Fight Coronavirus Woes
by Zacks Equity Research
United Airlines (UAL) is freezing recruitment except for crucial roles, and delaying 2019 merit salary increments for all managerial and administrative staff.
Coronavirus Upends Air Travel as Growth Slumps to Decade Low
by Maharathi Basu
Even though passenger traffic growth softens in January, the situation might worsen going forward as the coronavirus spreads its tentacles to all continents, barring Antarctica.
Coronavirus Sends Airlines into a Tailspin: 4 Stocks in Focus
by Archan Sarkar
The global airline industry is facing multibillion-dollar losses due to the virus outbreak, which is significantly affecting global bookings of U.S.-based airline stocks.
Ryanair's February Traffic Up, Coronavirus Spread Rampant
by Zacks Equity Research
Ryanair's (RYAAY) traffic in March and April is likely to be hurt by weak air-travel demand induced by coronavirus fears.
Airline Stock Roundup: Carriers Cancel Flights on Coronavirus Woes, DAL in Focus
by Maharathi Basu
The likes of Ryanair (RYAAY) and American Airlines (AAL) trim their capacity as the coronavirus assumes pandemic proportions.
The Zacks Analyst Blog Highlights: Ryanair, LATAM Airlines, United Airlines, Delta Air Lines and American Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ryanair, LATAM Airlines, United Airlines, Delta Air Lines and American Airlines
The Zacks Analyst Blog Highlights: Co-Diagnostics, Regeneron Pharmaceuticals, Netflix, Norwegian Cruise Line and American Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Co-Diagnostics, Regeneron Pharmaceuticals, Netflix, Norwegian Cruise Line and American Airlines
American Airlines Cancels Seoul Flights on Lower Demand
by Zacks Equity Research
American Airlines (AAL) suspends service connecting Dallas with Seoul-Incheon due to decrease in demand, following the coronavirus outbreak.
IATA Request Spells Further Doom for Coronavirus-Hit Airlines
by Maharathi Basu
IATA's request for immediate suspension of slot rules is aimed at tackling the current scenario of low air-travel demand due to the rapid spread of the coronavirus.
Ryanair to Cut Back Flights to Italy Amid Coronavirus Fears
by Zacks Equity Research
Low demand as a result of the coronavirus outbreak forces Ryanair (RYAAY) to trim capacity to and from Italy by 25%.
Best & Worst Performing Stocks in Coronavirus Outbreak
by Tirthankar Chakraborty
Here're the big winners and losers since the coronavirus outbreak brought the U.S. bull market to a standstill.
United Airlines Calls Off Investor Day on Coronavirus Threat
by Zacks Equity Research
With coronavirus uncertainty rising, United Airlines (UAL) reschedules its investor day. The carrier also reduces flights to Seoul, Japan and Singapore.
American Airlines to Cancel Milan Flights on Coronavirus Woes
by Zacks Equity Research
American Airlines (AAL) announces cancellation of Milan flights following raised travel advisory alert for parts of Italy. Simultaneously, the airline waives change and cancellation fees.
Stock Market News for Mar 2, 2020
by Zacks Equity Research
Rising concerns about coronavirus outbreak dragged major benchmarks in the negative territory on Friday.
Coronavirus Scare Sinks Airline Stocks: More Pain Looms Large?
by Maharathi Basu
United Airlines (UAL) is the first U.S. airline to withdraw its 2020 projections due to the coronavirus outbreak. We fear that other U.S. carriers might follow suit.
Do Options Traders Know Something About American Airlines (AAL) Stock We Don't?
by Zacks Equity Research
Investors need to pay close attention to American Airlines (AAL) stock based on the movements in the options market lately.