- American City Business Journals•4 hours ago
Billionaire Warren Buffett isn’t talking like a man who wants to buy Southwest Airlines or any air carrier outright, despite analyst speculation to the contrary last week. Buffett said over the weekend and in an interview on CNBC Monday that it’s unlikely that Berkshire Hathaway will raise its stakes in Fort Worth-based American Airlines (AAL), Southwest Airlines (LUV), Delta, United or any other carrier above 10 percent. Buffett’s Berkshire fund bought more than $9 billion of airline stocks because he believes that consolidation and other industry changes have allowed airlines to operate more efficiently than they used to.
- Investor's Business Daily•4 hours ago
Berkshire Hathaway CEO Warren Buffett told CNBC Monday what he likes about Apple and hinted that his company may not make anymore big purchases in top U.S. airlines.
- American City Business Journals•5 hours ago
Airport executives are keeping their eyes on the numbers after Memphis International Airport saw a drop in total boarded passengers in January. "It doesn’t concern me overly," said Forrest Artz, Memphis-Shelby County Airport Authority (MSCAA) vice president of finance and administration and CFO. Southwest Airlines Company saw less than favorable load factors , or the ratio of passenger-filled seats versus available seats, which airlines use to measure how profitable their flights are.
LUV : Summary for Southwest Airlines Company - Yahoo Finance
Southwest Airlines Co. (LUV)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||57.57 - 58.48|
|52 Week Range||35.42 - 58.56|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||16.47|
|Dividend & Yield||0.40 (0.68%)|
|1y Target Est||N/A|