nasdaqjblu
Key Points JetBlue Airlines has reported its second quarter 2023 earnings results, sending the stock plummeting as investors may be misrepresenting the potential future developments in the company.As management pivots the company’s business model into one better suited for the industry’s volatility, investors have a new reason to disregard today’s sell-off. A pending transaction may be a significant catalyst pushing the financials and the stock price higher.Thanks to management initiatives and this technical factor, expanding margins can make the perfect storm for investors to consider a poten...
ValueWalk
What’s New In Activism – Spirit Sells To JetBlueU.S. budget carrier Spirit Airlines Incorporated (NYSE:SAVE) agreed to be acquired by JetBlue Airways Corporation (NASDAQ:JBLU) for $3.8 billion, a day after failing to convince shareholders to approve a lower offer from another airline. The deal ends a heated proxy fight during which two Spirit activist shareholders voiced support for a JetBlue deal. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorFinding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fidu...
ValueWalk
Spirit Airlines Incorporated (NYSE:SAVE) rose 244 ranks to the 90th spot most held security by retail investors that have linked their portfolio with Fintel ahead of the upcoming special June 30 shareholder meeting to determine which of several suitors will buy the company. The meeting was initially created to vote on a Frontier Group (NASDAQ:ULCC) but got postponed and to consider a rival bid to allow the Spirit Board to continue discussions with shareholders, Frontier and JetBlue Airways (NASDAQ:JBLU). Q1 2022 hedge fund letters, conferences and more The meeting on the 30th will likely deter...
ValueWalk
Spirit Airlines Incorporated (NYSE:SAVE) has rejected JetBlue Airways Corporation (NASDAQ:JBLU)’s acquisition offer and says it will stick to its February deal with Frontier Group Holdings Inc (NASDAQ:ULCC). Antitrust issues are said to play a role in the turndown. Regulatory ConcernsQ1 2022 hedge fund letters, conferences and more In a letter addressed to JetBlue, Spirit said: “We believe a combination of JetBlue and Spirit has a low probability of receiving antitrust clearance so long as JetBlue's Northeast Alliance with American Airlines Group Inc (NASDAQ:AAL) remains in existence.” “Given ...
ValueWalk
Following is the unofficial transcript of a CNBC interview with JetBlue Airways Corporation (NASDAQ:JBLU) CEO Robin Hayes on CNBC’s “Squawk on the Street” (M-F, 9AM – 11AM ET) today, Wednesday, April 6. Following is a link to video on CNBC.com: JetBlue Makes $3.6b Bid For Spirit – A 37 Percent Higher Price Tag Than FrontierPHIL LEBEAU: Thank you very much, Morgan. Robin, thank you for joining us this morning. Let’s get to the main question that I think a lot of people have. When did you decide, did the JetBlue board decide you know what? We think that, that Spirit is the airline that we should...
ValueWalk
Omicron is causing mayhem among airlines as 3,500 flights were canceled worldwide during the Christmas weekend, and 2,100 more were grounded on Monday. Flight crews are falling ill on the COVID-19 variant causing operational disruptions that airlines are trying to counter. Q3 2021 hedge fund letters, conferences and more Omicron MayhemAs reported by The New York Times, the total of grounded flights during the Christmas weekend hit 3,500 around the globe while 2,100 more were canceled on Monday. In the U.S., nearly 2,300 flights were canceled on Saturday and Sunday. “On Sunday alone, more than ...
ValueWalk
Airlines stocks are now in the recovery phase, a year after the coronavirus pandemic put the brakes on air travel. Countries slowly easing travel restrictions along with the rise in the number of vaccinations are what is pushing investors back to the airlines stocks. Though the debt level of the airlines has increased significantly since last year, many such stocks are close to or have exceeded their early 2020 market cap. If you are also planning to invest in these stocks, to help you select, detailed below are the ten biggest airlines companies in the U.S. Q1 2021 hedge fund letters, confere...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら