|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||80.22 - 81.55|
|52-week range||56.51 - 81.55|
|PE ratio (TTM)||11.00|
|Earnings date||16 Oct 2018 - 22 Oct 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||89.87|
Alphabet got hit with a big fine; United Continental’s Q2 went just fine; and Amazon Prime Day defines what it means to pull off a successful marketing event.
United Continental Holdings (UAL) is having another good day: After a beat-and-raise quarter, the shares are climbing on an upgrade from Macquarie Thursday. Analyst Susan Donofrio raised her rating on the shares to Outperform from Neutral, with a $95 price target. Donofrio writes that United's management appears "more measured and thoughtful," adding to her confidence in the stock, although the real news, as we mentioned yesterday, was the capacity decreases. United "still has a long runway on revenue and cost initiatives...and operations are improving," she writes, as United was the best U.S. airline in terms of on-time departures last quarter.
United Airlines' growth strategy seems to be paying off. However, the company is still nowhere close to matching Delta Air Lines' profit margin.
United Continental Holdings Inc.’s push into China is paying off. The airline said Wednesday that unit revenue in its Pacific region for the second quarter rose 3.4% from a year earlier, led by traffic to China and premium cabin sales. The increase in the closely watched metric, indicating how much an airline earns on each seat flown a mile, was United’s first for the region since 2014.
United Airlines had its best day on the stock market in two years — pulling other airlines along in its slipstream — after saying it can cover most of the increase in fuel prices. Shares of United Continental ...
On a day stocks rose on optimism over earnings and the economy, United Continental reported strong profit growth and Cara Therapeutics announced a secondary offering.
Shares of rail transportation company CSX climbed more than 7 percent on Wednesday after the company beat analysts' expectations on both earnings and revenue for its second financial quarter.
Stocks that moved substantially or traded heavily on Wednesday: CSX Corp., up $4.56 to $69 The railroad's profit surpassed Wall Street estimates as it continue to cut costs and improve its operations. ...
The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending modestly higher as big gains for transportation and financial companies were partly offset by losses elsewhere. ...
Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes. KEEPING SCORE: Japan's Nikkei 225 added 0.2 percent to 22,839.59, while South Korea's ...
Semiconductor-related stocks continued to glow with more gains after a rough few months. Holland's ASML broke out. Alphabet is rising again after a new breakout.
Earlier this month, Deutsche Bank lowered its rating on American, Delta and United to hold, saying geopolitical risks like rising trade tensions between the U.S. and other nations could crimp demand for corporate travel.
Tech stocks were under mild selling pressure near midday Wednesday, but shares of Amazon held up after the Nasdaq 100 giant called its recent Prime Day the most successful ever.
Texas Instruments, United Continental and Ericsson are the Yahoo Finance charts of the day.
United's shares jumped by more than 8 percent in intraday Wednesday after the parent company of the third-largest U.S. carrier topped second-quarter profit expectations and raised its outlook for the year.
Strong demand for air travel leads to Delta's (DAL) and United Continental's (UAL) impressive second-quarter performances.
It wasn't all good news: Share buybacks bumped up the bottom-line beat, and fuel costs jumped over 43% in the quarter. Way back in January, United's increased capacity spooked investors across the industry, and Delta Air Lines' (DAL) second-quarter earnings lift came largely from its lowered capacity, as airlines try to win back investors' trust. After all, even with strong demand for air travel, excess capacity on the supply-side means less pricing power for airlines, an issue that's more relevant than ever as fuel prices climb. On this score, United did well.
Among the companies with shares expected to trade actively in Wednesday's session are Alphabet, Morgan Stanley, Texas Instruments, United Continental Holdings and Boeing.
The Dow Jones Industrial Average is barely moving this morning. •...and highlight a Goldman Sachs downgrade of Clorox (CLX). S&P 500 futures have dipped 0.1%, while Dow Jones Industrial Average futures have ticked up 3 points.
Morgan Stanley, United Continental and railroad CSX were among Wednesday's early earnings beats, but a rising dollar and pending testimony from Fed Chief Powell kept early trade in check.
United Continental's (UAL) impressive second-quarter results can be attributed to strong demand for air travel. Its decision to raise 2018 earnings projection is an added positive.
United Airlines shares rose after the company raised its profit forecast for 2018 and it trimmed capacity expansion facing skyrocketing fuel costs. Fred Katayama reports.