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United Continental Nominates Edward Shapiro, Barney Harford To Board Of Directors
Wednesday, April 20, 2016 - 1:57pm | 341Read More...Media sources reported earlier this week that United Continental Holdings Inc (NYSE: UAL) is close to finalizing an agreement with activist investors in regards to its board of directors. On Wednesday, United Continental Holdings confirmed the media reports and announced a change to its board of...
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United Continental Close To Reaching Agreement With Activist Investors
Tuesday, April 19, 2016 - 10:59am | 277Read More...Bloomberg reported late Monday afternoon that United Continental Holdings Inc (NYSE: UAL) is close to finalizing an agreement with activist investors who are pushing the airline to make changes to its Board of Directors. As part of a potential agreement, United Continental may replace its...
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Technical Glitches Down NYSE, Others
Wednesday, July 8, 2015 - 1:12pm | 355Read More...A slew of technical glitches caught the financial world off guard midday on Wednesday. The New York Stock Exchange mysteriously halted trading shortly before noon, after reports of technical glitches earlier in the morning. "We had some technical notices earlier this morning saying that...
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Yearning For Faster WiFi In The Sky: Virgin America Partners With ViaSat
Tuesday, July 7, 2015 - 2:56pm | 351Read More...Virgin America Inc (NASDAQ: VA) announced on Tuesday that it is partnering with ViaSat, Inc. (NASDAQ: VSAT) to offer faster WiFi connectivity in its 10 new A320 aircraft beginning September of this year. David Cush, Virgin America CEO, was on CNBC recently to weigh in on this. 30X Faster Than...
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American Airlines Or United Airlines: Which Would You Rather?
Wednesday, April 30, 2014 - 10:28am | 606Read More...Two of the oldest airlines have a corporate rivalry that borders on legendary. United Continental Holdings (NYSE: UAL) (United Airlines) and American Airlines (NASDAQ: AAL) are almost always locked in a head-to-head competition for industry supremacy, despite the rise of several other newer...
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Airlines Add Minimum Spending Level to Loyalty Programs
Wednesday, June 19, 2013 - 9:58am | 617Read More...From the airlines’ point of view, it’s all about closing loopholes. For passengers, it’s taking away a great benefit. The “it” in this case, is mileage – the system, begun by airlines themselves by which passenger loyalty (and the awarding of benefits) is measured. According to Bloomberg, the...
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American and US Airways Merger Approved
Thursday, March 28, 2013 - 12:48pm | 548Read More...The world’s largest airline is about to be born. Reuters reports that on Wednesday, U.S. Bankruptcy Judge Sean Lane approved AMR Corp’s plan to merge with US Airways Group (NYSE: LCC), a merger that has been expected for some time now. AMR, the parent of American Airlines has been in...
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Get Used to Crowded Flights Because It's Probably Going to Get Worse
Wednesday, March 27, 2013 - 2:11pm | 498Read More...Officially, it’s called the passenger load factor. A better name might be the “I’m sitting so close to him that I can smell his (bad) breath” factor. The passenger load factor is important to airlines because it’s a measure of profitability. And, it’s not a mystery. The more paying passengers...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Read More...Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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Evercore Upgrades United Continental Holdings To Overweight, $30 PT
Monday, June 27, 2011 - 6:09am | 27Read More...Evercore Partners has upgraded United Continental Holdings (NYSE: UAL) from Equal-weight to Overweight and has established a $30 price target.
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Morgan Stanley Maintains Overweight on United Continental Holdings
Friday, June 24, 2011 - 8:10am | 130Read More...Morgan Stanley is out with its report today on United Continental Holdings (NYSE: UAL), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Despite legacy airline stocks' attractive valuations, investors have been reluctant to buy due to elevated fuel prices year-to-date. With (1...
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Hudson Securities Maintains 2Q Outlook On United Continental Holdings
Tuesday, April 26, 2011 - 9:06am | 57Read More...According to Hudson Securities, United Continental Holdings (NASDAQ: UAL) 1Q11 betters street, and the 2Q outlook is maintained. Hudson Securities said that UAL reported a 1Q11 loss of $0.41/share, a little better vs. a consensus loss of -$0.48, though worse vs. the -$0.10. United Continental...
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Dahlman Rose Raises UAL Estimates
Tuesday, March 22, 2011 - 9:06am | 122Read More...Dahlman Rose is raising its estimates on United Continental Holdings (NYSE: UAL). "We are raising our 1Q11 estimate to a slightly smaller loss than our prior forecast,” Dahlman Rose writes. “We forecast 1Q11 EPS of ($0.40) compared to our prior estimate of ($0.45) and the consensus estimate of ($0...
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Dahlman Rose Upgrades UAL To Buy From Hold
Thursday, January 27, 2011 - 9:13am | 21Read More...Dahlman Rose is upgrading United Continental Holdings (NYSE: UAL) to Buy from Hold.
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Citi Adjusts Estimates on United Continental Holdings (UAL)
Tuesday, November 30, 2010 - 10:39am | 75Read More...Citi updates its EPS estimates and raises its price target on United Continental Holdings (NASDAQ: UAL). In a note to clients, Citi writes, "We increase our target price to $37 from $34 on slightly better 2011 expectations for EBITDAR, aircraft rent, and free cash flow following our latest model...
