Look for Shares of Southwest Airlines to Potentially Rebound after Yesterday's 3.30% Sell Off
Comtex SmarTrend(R) - Tue Aug 02, 1:01PM CDT
Southwest Airlines (NYSE:LUV) traded in a range yesterday that spanned from a low of $35.64 to a high of $36.94. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $36.65 on volume of 5.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
LUV: 35.54 (-1.50)
Watch for Southwest Airlines to Potentially Rebound After Falling 3.30% Yesterday
Comtex SmarTrend(R) - Tue Aug 02, 1:00PM CDT
Southwest Airlines (NYSE:LUV) traded in a range yesterday that spanned from a low of $35.64 to a high of $36.94. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $36.65 on volume of 5.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
LUV: 35.54 (-1.50)
Is Turbulence Coming for Southwest Airlines (LUV) Stock?
Afrasiab Mian - Zacks Investment Research - Tue Aug 02, 12:35PM CDT
Once the sweetheart of the airline industry, Southwest Airlines (LUV) has faced some challenges recently. Is the company headed for hard times, or is this just a bump in the road?
SAVE: 39.54 (-2.05), VA: 55.97 (-0.09), DAL: 36.39 (-3.09), AAL: 33.51 (-2.09), JBLU: 17.01 (-1.19), ALGT: 123.24 (-5.02), UAL: 44.40 (-2.96), LUV: 35.54 (-1.50)
Stratix Works with Southwest Airlines to Deploy iPad Mini-Powered Electronic Flight Bags into the Cabin
BusinessWire - Tue Aug 02, 11:15AM CDT
Stratix, which provides enterprise managed mobile services (MMS), and Southwest Airlines, the airline known for exemplary customer service, continue their mobility collaboration by incorporating iPad mini-powered Electronic Flight Bags (EFB) into the aircraft cabin.
LUV: 35.54 (-1.50)
Southwest Airlines (LUV) Breaks Through Support at $36.67
Comtex SmarTrend(R) - Tue Aug 02, 9:07AM CDT
Southwest Airlines (NYSE:LUV) has opened bearishly below the pivot of $37.02 today and has reached the first level of support at $36.67. Analysts will be watching for a cross of the next downside pivot targets of $36.30 and $35.58.
LUV: 35.54 (-1.50)
California Pizza Kitchen Opens at LAX Terminal 1 Offering Travelers the Ultimate in Culinary Creativity for Breakfast, Lunch and Dinner
BusinessWire - Tue Aug 02, 7:00AM CDT
Travelers can now enjoy the ultimate in culinary creativity for breakfast, lunch and dinner when flying in or out of Los Angeles International Airport (LAX) thanks to the opening of the new California Pizza Kitchen (CPK) at Southwest's Terminal 1. Open daily from 5 a.m. to the final scheduled flight of the day, the new CPK at LAX offers travelers a wide range of high quality, fresh and innovative menu items, including CPK's new breakfast menu developed exclusively for LAX, hand-tossed artisan pizzas, premium main plates, items under 650 calories, hand-crafted cocktails and more. In addition to a full-service dining room and full bar featuring CPK's newly reimagined look, CPK at LAX also offers a quick and convenient to-go counter where guests can grab a fresh and flavorful meal and a cup of Intelligentsia coffee before a flight. Operated in partnership with Areas, a leading provider of food & beverage and retail services in the travel industry, the new CPK at LAX is a continuation of the $508 million overhaul of Terminal 1 spearheaded by Los Angeles World Airports (LAWA), Southwest Airlines and Westfield. When finished, Terminal 1 will feature 24 world-class dining and retail concepts with a bold new terminal design spanning 25,252 feet--nearly double that of the old terminal.
LUV: 35.54 (-1.50)
Business Highlights
By The Associated Press - AP - Mon Aug 01, 4:17PM CDT
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VZ: 54.00 (-0.50), LUV: 35.54 (-1.50)
Unions seek ouster of Southwest CEO after IT breakdown
By DAVID KOENIG - AP - Mon Aug 01, 3:47PM CDT
DALLAS (AP) — Two major unions at Southwest Airlines are demanding that the carrier replace its CEO because of the technology outage that caused the airline to cancel or delay thousands of flights in July.
CSCO: 30.62 (-0.11), LUV: 35.54 (-1.50)
Southwest Airlines Pilots Union Board Completes 20-0 Vote of No Confidence in Southwest CEO Gary Kelly
PR Newswire - Mon Aug 01, 11:15AM CDT
The board of directors from the Southwest Airlines Pilots' Association (SWAPA) on Friday voted 20-0 by resolution a "Vote of No Confidence" in Southwest Airlines CEO Gary Kelly and COO Mike Van de Ven. The pilots are joined by the mechanics of the Aircraft Mechanics Fraternal Association (AMFA) whose National Executive Council (NEC) has also completed a vote of no confidence.
LUV: 35.54 (-1.50)
Blog Coverage Jetblue Confirms its Tryst with Cuba
ACCESSWIRE - Mon Aug 01, 8:15AM CDT
LONDON, UK / ACCESSWIRE / August 1, 2016 / Active Wall St. blog coverage looks at the headline from JetBlue Airways Corporation (NASDAQ: JBLU) as the company announced on Thursday, July 28, 2016, that it would start flight services to Cuba from August 31, 2016 onwards. JetBlue's declaration thwarts plans announced by American Airlines Group Inc. (NASDAQ: AAL) and Silver Airways which had scheduled flights to Cuba starting from September 1, 2016 and September 7, 2016 respectively. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
AAL: 33.51 (-2.09), JBLU: 17.01 (-1.19), LUV: 35.54 (-1.50)
Union chief says American pushing pilots to speed up flights
By DAVID KOENIG - AP - Thu Jul 28, 5:56PM CDT
DALLAS (AP) — The pilots' union president said Thursday that American Airlines is reducing its safety margin by "manipulating" flight plans with tactics that include faster speeds.
CAL: 25.38 (-0.61), DAL: 36.39 (-3.09), LUV: 35.54 (-1.50), UAL: 44.40 (-2.96)
Southwest Airlines Declares 160th Consecutive Quarterly Dividend
PR Newswire - Thu Jul 28, 12:44PM CDT
Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly dividend of $.10 per share to Shareholders of record at the close of business on August 18, 2016 on all shares then issued and outstanding. The 160th consecutive dividend will be paid on September 8, 2016.
LUV: 35.54 (-1.50)
The Zacks Analyst Blog Highlights: American Airlines Group, JetBlue Airways, Alaska Air Group, Southwest Airlines and Lufthansa's
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:30AM CDT
The Zacks Analyst Blog Highlights: American Airlines Group, JetBlue Airways, Alaska Air Group, Southwest Airlines and Lufthansa’s
AAL: 33.51 (-2.09), JBLU: 17.01 (-1.19), ALK: 64.89 (-2.76), LUV: 35.54 (-1.50)
Bear of the Day: Southwest Airlines (LUV)
Neena Mishra - Zacks Investment Research - Thu Jul 28, 3:29AM CDT
Bear of the Day: Southwest Airlines (LUV)
LUV: 35.54 (-1.50)
Downgrade Alert for Southwest Airlines (LUV)
Comtex SmarTrend(R) - Thu Jul 28, 3:24AM CDT
Southwest Airlines (NYSE:LUV) was downgraded from Overweight to Neutral at JP Morgan today. The stock closed yesterday at $37.48 on volume of 8.6 million shares, above average daily volume of 6.2 million. Potential upside of 42.2% exists for Southwest Airlines, based on a current level of $37.48 and analysts' average consensus price target of $53.29. The stock should run into initial resistance at its 200-day moving average (MA) of $41.68 and subsequent resistance at its 50-day MA of $44.17.
LUV: 35.54 (-1.50)
Allegiant Travel (ALGT) Q2 Earnings: What's in the Cards?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 3:13AM CDT
Allegiant Travel Company (ALGT), the parent company of Allegiant Air, is scheduled to report second-quarter 2016 results on Jul 29.
AAL: 33.51 (-2.09), LFL: 8.46 (-0.17), ALGT: 123.24 (-5.02), LUV: 35.54 (-1.50)
Airline Stock Roundup: Earnings Beat at American Airlines, JetBlue; Southwest Airlines Falters
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 3:18PM CDT
The past week saw airline heavyweights reporting their quarterly numbers.
SAVE: 39.54 (-2.05), VA: 55.97 (-0.09), AAL: 33.51 (-2.09), JBLU: 17.01 (-1.19), ALK: 64.89 (-2.76), LUV: 35.54 (-1.50)
Next Support Level for Southwest Airlines (LUV) is $37.24
Comtex SmarTrend(R) - Wed Jul 27, 8:45AM CDT
Shares of Southwest Airlines (NYSE:LUV) opened today below their pivot of $38.03 and have already reached the first level of support at $37.76. Should the shares continue to fall, the support pivots of $37.24 and $36.45 will be of interest.
LUV: 35.54 (-1.50)