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Zacks News
Southwest Withdraws 2020 View on Coronavirus-Led Low Demand
by Zacks Equity Research
With the rapid spread of the coronavirus, Southwest (LUV) is witnessing more cancellations than bookings for March and April.
Alaska Airlines' Capacity Cuts to Widen Due to Corona Crisis
by Zacks Equity Research
Trip cancellations rise significantly, while new bookings fall dramatically, forcing Alaska Airlines, the unit of Alaska Air Group (ALK), to reduce capacity to a greater extent.
Company News for Mar 17, 2020
by Zacks Equity Research
Companies In The News Are: BNTX, MRNA, UAL, AAL.
Tackle Market Gyrations With Buffett's Style of ETF Investing
by Sanghamitra Saha
Wall Street is in a bear market. Survive the slump with ETF strategies that are derived from the Warren Buffett???s style of investing.
Ryanair (RYAAY) Plunges 27.5%: Time to Buy the Dip?
by Maharathi Basu
With Italy being severely hit by coronavirus, Ryanair (RYAAY) cancels multiple flights to/from its primary market.
Airlines Brought to Their Knees by Coronavirus: What's Ahead?
by Maharathi Basu
The sharp drop in demand prompts airlines across the globe to trim capacity. Dwindling demand is likely to hit first-quarter results hard.
Fed Slashes, Market Bleeds Red
by Mark Vickery
Along with a slashed interest rate, the FOMC also announced it is buying $700 billion worth of Treasury bonds and taken bank reserve requirements to zero.
Fed Slashes Rate to Near 0%
by Zacks Equity Research
Fed Slashes Rate to Near 0%
Coronavirus May Hit United Airlines March Revenues by $1.5B
by Zacks Equity Research
United Airlines (UAL) transports more than one million fewer customers in the first two weeks of March due to significant decline in demand induced by the novel coronavirus.
Coronavirus Ends Bull Run, Trump's Plan & Buy this Chip Stock - Free Lunch
by Benjamin Rains
The end of the 11-year bull run. We also take a look at President Trump's plan to fight the economic downturn and the spread. We then end with why Intel (INTC) is a Zacks Rank #1 (Strong Buy) stock right now...
Delta (DAL) Extends Ban on U.S- China Flights by a Month
by Zacks Equity Research
Delta (DAL) adjusts its trans-Pacific flight schedule as part of its efforts to balance the disrupted supply-demand ratio due to low travel frequency in the wake of the coronavirus dread.
Coronavirus Makes Airline Stocks a Screaming Buy: 5 Picks
by Manaswita Ghosh Dutta
The dip in airlines because of the coronavirus might be a brief blip as these companies count on their strong balance sheets, liquid assets and Trump's possible economic stimulus.
Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?
by Maharathi Basu
The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.
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.
Stock Market News for Mar 11, 2020
by Zacks Equity Research
U.S. equities ended the session higher on Tuesday and recovered about half the losses incurred on Monday.
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...
Airline Stock Roundup: IATA's Downbeat Coronavirus-Led Forecast, LUV in Focus
by Maharathi Basu
With the coronavirus weakening demand for air travel, JetBlue Airways (JBLU) withdraws its guidance. Also, Southwest Airlines (LUV) trims its first-quarter unit revenue view.
JetBlue Withdraws Q1 & 2020 Guidance on Coronavirus Scare
by Zacks Equity Research
Following in the footsteps of United Airlines, JetBlue (JBLU) withdraws its Q1 and 2020 outlook as uncertainty lingers over the impact of coronavirus on air travel demand.
Cruise Lines Gain Double Digits
by Zacks Equity Research
Cruise Lines Gain Double Digits
Bounce-Back Brings Cruise Lines Up Double Digits
by Mark Vickery
No one expects cruise lines and airlines to gain in near-term bookings, so that should tell you all you need to know about this rebound.
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