well $38 hold next week. Breaks thru $38 their no support in tell $34...
Is management everyone else is un-loading there shares. Waste of money doing buy backs. Should take profits & pay down debt or offer a one time DD. Great stock to short though.
I agree, I sold out 2000 of my 3000 shares in pre market at $43.83 & $43.80. No growth at all in this stock. AAl is just fuel tank in the air.
Why would I? Am long 3000 shares at $39.25. Just because I post negative on the message board doesn't mean am holding a short position. Besides I posted that I cover at $39.50. Good luck on your 10 shares you own at $55. Lol...
American Airlines Group Inc. shares (AAL) rose almost 3% in premarket trade Friday, after the carrier beat profit estimates for the second quarter and increased its share buyback program. The company said it had net income of $1.71 billion, or $2.41 a share, in the second quarter, up from $864 million, or $1.17 a share, in the year-earlier period. Excluding special charges, EPS came to $2.62, topping the FactSet consensus of $2.60. Revenue fell 4.6% to $10.8 billion, just below the FactSet consensus of $10.9 billion. Available seat miles rose 1.9%, while passenger revenue per ASM fell 6.9% to 13.57 cents. Consolidated passenger yield eased 6.1% to 16.28 cents. Total operating costs fell 10.5% to $8.9 billion, mostly due to lower fuel costs. The airline said its board has approved the repurchase of an additional $2.0 billion of stock, bringing the total authorized to $4.0 billion. Shares are down 20% in the year so far, while the S&P 500 has gained 2%.
Can we say insane? LOl.. AAL will earn $2.60 & will get taken to the wood shed. LOl.. You got to love this market. Wonder what my options are worth on Amzn
.S. Available seating will increase by no more than 0.5 percent, United said in a statement Thursday as it posted a second-quarter profit that matched analysts’ estimates. The capacity plan compares with a 1.4 percent boost in the first half.
United’s move aligns the world’s second-biggest carrier with American Airlines Group Inc. and Delta Air Lines Inc., which also are curbing expansion. As discounters led by Spirit Airlines Inc. pile on flights, average U.S. coach fares are slumping, with an 8 percent decline in the year ended in June, according to data compiled by Bloomberg.
The stock repurchase should be completed by the end of 2017, United said.
Second-quarter earnings excluding one-time items of $3.31 share were in line with average of 16 analysts’ estimates compiled by Bloomberg. Sales were $9.91 billion.
-- United Airlines (UAL) today reported second-quarter 2015 net income of $1.3 billion, or $3.31 per diluted share, excluding $67 million of special items. Including special items, UAL reported second-quarter net income of $1.2 billion, or $3.14 per diluted share. These results are a record quarterly profit for the company.
•The company's Board of Directors authorized an additional $3 billion share repurchase program, which the company expects to complete by the end of 2017.
•In the quarter, UAL prepaid approximately $800 million of debt, contributed approximately $620 million to its pension plans and returned approximately $250 million to shareholders as part of its existing $1 billion share buyback program.
•UAL earned an 18.2 percent return on invested capital for the 12 months ended June 30, 2015.
Second-Quarter Revenue and Capacity
For the second quarter of 2015, total revenue was $9.9 billion, a decrease of 4 percent year-over-year. Second-quarter consolidated passenger revenue decreased 3.4 percent to $8.7 billion, compared to the same period in 2014. Ancillary revenue per passenger in the second quarter increased 6.7 percent year-over-year. Second-quarter cargo revenue decreased 1.3 percent year-over-year to $229 million. Other revenue in the second quarter decreased 9.6 percent year-over-year, mostly due to the reduction in sales of fuel to a third party. The corresponding expense decline from this reduction appears in third-party business expense.
Consolidated revenue passenger miles increased 0.7 percent and consolidated available seat miles increased 2.3 percent year-over-year for the second quarter, resulting in a second-quarter consolidated load factor of 83.9 percent.
Second-quarter 2015 consolidated PRASM decreased 5.6 percent and consolidated yield decreased 4.1 percent compared to the second quarter of 2014.
Record quarterly net income, excluding special items1, of $691 million,
or $1.03 per diluted share. This represented a $206 million increase from
second quarter 2014 and exceeded the First Call consensus estimate of
$1.02 per diluted share.
-- Record quarterly GAAP2 net income of $608 million, or $.90 per diluted
-- Record quarterly GAAP operating income of $1.1 billion. Excluding special
items, record quarterly operating income of $1.1 billion, resulting in an
operating margin3 of 22.5 percent.
-- Returned $430 million to Shareholders through dividends and share
repurchases during second quarter 2015, and $811 million during first
-- Return on invested capital, before taxes and excluding special items
(ROIC)1, for the 12 months ended June 30, 2015, of 28.2 percent, compared
with 17.1 percent for the 12 months ended June 30, 2014.
-- Subsequent to June 30, 2015, the Company amended and extended its
co-branded credit card agreement with Chase Bank USA, N.A. (Chase), which
is expected to provide generous rewards to the Company's co-branded
credit cardholders and significant future value to the Company's
Shareholders. The Company currently estimates its second half 2015 GAAP
operating revenues will increase approximately $400 million from the
combined impact of the amended agreement and the effect of a change in
If you think there well be a bounce, forget! LOCK offers absolute no more protection then your bank does. This will trade under $5. This law suite will take at least a year to resolve, dead money at best.
Today, the FTC claims LifeLock violated the 2010 order by "1) failing to establish and maintain a comprehensive information security program to protect its users’ sensitive personal data, including credit card, social security, and bank account numbers; 2) falsely advertising that it protected consumers’ sensitive data with the same high-level safeguards as financial institutions; and 3) failing to meet the 2010 order’s recordkeeping requirements." The commission voted 4-1 to take action.
3300 on July 31 $44 calls
7000 on Aug 21 $43 calls
Thanks for laugh! So how that's long position at $55 working out for you? Don't worry your 10 shares wont break your bank account. Lol.. Happy trading...
is launching a three-day sale offering extra low fares for fall travel to its international destinations from ten domestic cities including Atlanta, Austin, Baltimore/Washington, Dallas, Denver, Houston (Hobby), Chicago-Midway, Orlando, Orange County, and San Antonio. Customers can take advantage of low one-way fares to international destinations today through Thursday, July 23, 2015, 11:59 p.m. for the respective time zone of the originating city.
Fares are available for travel on nonstop flights, except for International travel from and to Dallas which is available only through a stop in Houston, beginning Aug. 25-Dec. 16, 2015 (check fare rules for restrictions and exclusions). Travel Oct. 20-Dec. 16, 2015, from Houston to Cancun, Mexico City, Puerto Vallarta, Cabo San Lucas/Los Cabos, Mexico, Belize City, Belize, and San Jose, Costa Rica. Travel Nov. 3-Dec. 16, 2015, from Houston to Liberia, Costa Rica, Houston to Montego Bay, Jamaica, Denver to Puerto Vallarta, Mexico, and Austin to Cancun. Blackout dates include Nov. 24-25. Seats are limited. Travel at these fares is valid only on Tuesdays and Wednesdays.
Let the price wars begin.
Grow up! Can't handle the heat get the hell out of the kitchen. Tired listening to you whining bag holders.
Guidance: Delta expects an unit revenue drop of 4.5% to 6.5% in Q3 and operating margin of 19% to 21%. System capacity is seen rising ~3$.
Delta Air Lines (NYSE: DAL) reported Q2 EPS of $1.27, $0.06 better than the analyst estimate of $1.21. Revenue for the quarter came in at $10.71 billion versus the consensus estimate of $10.64 billion.
"Delta's record results have allowed the company to invest in its employees through higher wage rates and profit sharing; improve the experience for our customers through new aircraft and innovative partnerships with global carriers; and uniquely deliver value for our shareholders by accelerating our capital returns while also paying down debt," said Richard Anderson, Delta's chief executive officer. "We have more work and opportunity ahead of us on all of these fronts as we continue to execute on our long-term plan."
Anderson continued, "Our significant fuel savings in the September quarter should allow us to produce another record quarter with more than 30% EPS growth, a 19-21% operating margin and $1.9 billion of operating cash flow."