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Zacks News
Southwest (LUV) Gains 42% in Six Months Despite Coronavirus Woes
by Zacks Equity Research
Southwest (LUV) is gaining on the back of low fuel prices, cost-cutting measures and a sound liquidity position among other factors.
Stocks Continue to Climb Amid More Positive Vaccine Trial Results
by David Borun
The major indices all gain between 2 and 3% as hopes for an effective Covid-19 vaccine promise a "return to normal."
Delta (DAL) Pilots Accept Pay Cuts to Escape Furloughs
by Zacks Equity Research
Delta (DAL) should be able to avoid pilot furloughs until 2022, thanks to its pilots approving of the pay-cut deal.
American Airlines (AAL) Hurt by Low Travel Demand & High Debt
by Zacks Equity Research
The already weak air-travel demand is dwindling further due to rise in coronavirus cases in the United States. This implies further trouble for American Airlines (AAL).
J.B. Hunt (JBHT) Announces Several Major Leadership Changes
by Zacks Equity Research
Among several other managerial changes, J.B. Hunt (JBHT) appointed John Kuhlow as its executive vice president and chief financial officer.
Has FedEx (FDX) Outpaced Other Transportation Stocks This Year?
by Zacks Equity Research
Is (FDX) Outperforming Other Transportation Stocks This Year?
Enjoy Thanksgiving with a Wall Street Bonanza
by Nalak Das
It will be prudent to invest in large-cap stocks with a favorable Zacks Rank that are members of any of the three large-cap indexes. These are DHR, UPS, NVDA, MSFT, TGT, TMO, DE, FDX.
The Zacks Analyst Blog Highlights: AGCO, TopBuild, Century Communities, Crocs and FedEx
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AGCO, TopBuild, Century Communities, Crocs and FedEx
United Airlines (UAL) to Offer Houston Customers COVID-19 Tests
by Zacks Equity Research
United Airlines (UAL) ramps up coronavirus testing efforts by planning to launch testing option for customers traveling from Houston, TX to select destinations in Latin America and the Caribbean.
Alaska Air (ALK) Arm Leases 13 737-9 MAX Jets to Upgrade Fleet
by Zacks Equity Research
As part of its fleet modernization efforts, Alaska Air's (ALK) unit Alaska Airlines plans to lease 13 new Boeing 737-9 MAX aircraft. The carrier is also expected to sell 10 Airbus A320s.
Landstar (LSTR) Shares Rise 15.1% in 6 Months: Here's Why
by Zacks Equity Research
Gradual recovery in freight scenario & shareholder-friendly moves bode well for the Landstar (LSTR) stock.
Cost Cuts & Better Freight Conditions Aid Knight-Swift (KNX)
by Zacks Equity Research
Knight-Swift (KNX) stock is benefitting from efficient cost-control measures and enhanced safety procedures.
Alaska Air (ALK) Arm to Offer Elite Flyers More Rewards in 2021
by Zacks Equity Research
Alaska Air (ALK) unit, Alaska Airlines to offer elite members additional benefits in 2021 as part of its West Coast International Alliance with American Airlines.
COVID-19 Vaccine Rollout Challenges Put These Stocks in Focus
by Rimmi Singhi
With COVID-19 vaccine on the horizon, cold-chain storage stocks including TT, CARR and TMO; vial makers like GLW and WST; and logistic operators including UPS and FDX are set to hog the limelight.
Gol Linhas (GOL) October Gross Sales Rise 3% From September
by Zacks Equity Research
Expecting an increase in air travel demand, Gol Linhas (GOL) expands its November capacity to approximately 372 flights per day.
5 Top Stocks to Buy Amid Potential Economic Recovery
by Zacks Equity Research
With the U.S. economy showing steady signs of a recovery and promising vaccine trials, it will be prudent to invest in fundamentally sound stocks like Crocs (CROX) and FedEx (FDX).
Copa Holdings' (CPA) October Traffic Drops 88% Amid Coronavirus
by Zacks Equity Research
With traffic declining more than the amount of capacity contraction, Copa Holdings' (CPA) load factor slips 1510 basis points in October.
Triton (TRTN) Shares Up 42.9% in Past 6 Months: Here's Why
by Zacks Equity Research
Impressive shareholder-friendly moves and gradual increase in trade volume drive Triton Internationals' (TRTN) share price.
Allegiant Travel (ALGT) to Expand Domestic Services in 2021
by Zacks Equity Research
Allegiant Travel (ALGT) aims for a major service expansion in 2021, offering customers wider connectivity to Southern California and the Pacific Northwest.
Spirit Airlines' (SAVE) Orlando International Flights to Resume
by Zacks Equity Research
With uptick in air-travel demand, Spirit Airlines (SAVE) plans to resume six nonstop international services from Orlando, FL in December.
ZTO Express (ZTO) Faces Supply Chain & Operating Cost Issues
by Zacks Equity Research
Increasing selling, general and administrative (SG&A) expenses hurt ZTO Express (ZTO) amid the coronavirus pandemic.
Expeditors (EXPD) Shares Up 21.1% in 6 Months: Here's Why
by Zacks Equity Research
Rising airfreight revenues and strong balance sheet boost Expeditors' (EXPD) stock.
Southwest (LUV) Sees Slowdown in Revenue Trends, Shares Fall
by Zacks Equity Research
Amid a spike in coronavirus cases, Southwest (LUV) has experienced a deceleration in revenue trends for November and December in recent weeks.
Allegiant Travel (ALGT) Posts Dismal October Traffic Data
by Zacks Equity Research
Scheduled load factor at Allegiant Travel (ALGT) declines to 63.1% in October from 83.1% a year ago.
Delta (DAL) Sees Narrower Revenue Decline & Cash Burn for Q4
by Zacks Equity Research
Delta (DAL) anticipates its revenue decline and cash burn to narrow in the fourth quarter, thanks to gradually improving air-travel demand and reduced costs.