|Bid||33.69 x 900|
|Ask||33.70 x 1300|
|Day's Range||33.11 - 33.82|
|52 Week Range||27.02 - 43.89|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||10.82|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.40 (1.20%)|
|1y Target Est||40.94|
Yahoo Finance's Alexis Keenan reports on the latest with Boeing, including news that American Airlines will extend its 737 Max cancellations until November. Yahoo Finance's Adam Shapiro, Julie Hyman, Andy Serwer, and Brian Sozzi further discuss.
American Airlines and Pacific Joint Business partner Japan Airlines (JAL) for the second year are adding direct flights between Tokyo (NRT) and Las Vegas (LAS) to support the high demand for CES® 2020. American is also adding nonstop flights from Austin, Texas (AUS), and San Jose, California (SJC), and upgauging existing flights from Philadelphia (PHL) and Dallas-Fort Worth (DFW) to LAS surrounding the main event, which runs Jan. 4–12.
The judge's decision is the latest twist in a lawsuit between American Airlines and the unions which represent its mechanics.
On Tuesday, President Trump's comments about a China trade deal left the stock market with serious concerns. More tariffs could be on the table.
Delta's (DAL) solid second-quarter 2019 earnings report and American Airlines' (AAL) favorable second-quarter unit revenue projection contribute to the sector tracker's increase.
Low fuel costs and high passenger revenues aid United Airlines' (UAL) Q2 results. The carrier's current year earnings projection is encouraging as well.
The bulls tried, but it was never going to happen. The S&P 500 fell 0.34% on Tuesday, sliding lower on sizeable volume, calling into question just how much more stocks can climb.Source: Shutterstock Wells Fargo (NYSE:WFC) was a relatively big drag, falling more than 3% following an earnings beat that was dinged and dented by lackluster guidance.At the other end of the spectrum, Roku (NASDAQ:ROKU) soared more than 7% after being one of the big hits of this year's Prime Day, while Blue Apron Holdings (NYSE:APRN) was up more than 30%. Shares of the meal-kit company rallied on word that it was partnering up with Beyond Meat (NASDAQ:BYND) to offer meatless-hamburger meal options.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks Driving the Market to All-Time Highs (And Why) However, as for names that merit a closer trading look headed into Wednesday's session, it's the stock charts of Delta Air Lines (NYSE:DAL), Salesforce (NYSE:CRM) and American Airlines Group (NASDAQ:AAL) that are of the most interest. Here's what to look for. Delta Air Lines (DAL)With nothing more than a quick glance, Delta Air Lines look like a rocket. A large number of people saw last month's big move, wanted to plug into it, and fueled even more bullishness with that buying. Volume has been particularly strong of late.Caution is advised though. This is action we've seen from DAL stock multiple times since early 2017, and sooner or later, each of these run-ups end with a sizeable pullback. That pattern, in fact, has been alarmingly well established, and shares are within sight of a familiar technical ceiling. Click to Enlarge * The big boundary here is right around $64, where the upper boundary of a trading range that extends back to late-2016 currently rests. * The weekly chart is already stochastically overbought, which has proven problematic rather quickly over the course of the past couple of years. * Although its ripe for a wave of profit-taking, the precise tops within the confines of the trading range have never been clear. American Airlines Group (AAL)While Delta looks like it may be near a major peak, shares of rival American Airlines appear as if they're just getting started on a breakout move. That effort gelled in a huge way on Tuesday though, as the last vestige of resistance was rolled over. There's still a chance the advance could fall apart before it gets going in earnest, but the foundation is actually -- even if subtly -- rather firm. * 10 Monthly Dividend Stocks to Buy to Pay the Bills Click to Enlarge * The "trigger" here is Tuesday's move above the 200-day moving average line, plotted in white on both stock charts. * Fanning the bullish flames is the way this week's gain has pushed AAL stock above the upper boundary of a descending wedge. This convergence builds up pressure that, once unleashed, can fuel a prolonged rally. * Although Tuesday's action was catalytic, it could take several more days before the breakout thrust gels above the pivotal 200-day moving average line. Salesforce (CRM)When Saleforce was last examined in early May, it was well up since the end of last year, but putting pressure on the lower boundary of a short-term trading range. It was also acting overbought, struggling to continue making forward progress with or without the trading range. A month later, it had broken below its 200-day moving average line.The bulls pushed back, dragging CRM back above the 200-day moving average line (plotted in white on both stock charts) with a pretty impressive jolt. The bears are growling again though, and yesterday's action waves several red flags. Click to Enlarge * One of those red flags is the shape and placement of Tuesday's bar. The open above Monday's high and close below Monday's low constitutes an "outside day," which portends weakness. * It's imperceptible on both stock charts, but as of Tuesday, the 200-day moving average line is sloped downward. It's an indication of longer-term weakness. * Should the 200-day moving average line fail to act as a floor, if tested again, the next most likely landing spot is the Fibonacci retracement line near $129.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Big Stock Charts for Wednesday: Delta Air Lines, Salesforce and American Airlines appeared first on InvestorPlace.
In addition to immediate pay raises, the new contract includes increased vacation time, improved work rules and enhanced scheduling flexibility.
Passengers flying from Cincinnati/Northern Kentucky International Airport are flocking to American Airlines lately.
United Airlines tweaked its profit outlook higher for the full year despite the financial impact of the grounding of the carrier’s 737 Max fleet, cutting capacity guidance and announcing second-quarter earnings well above market expectations. The Chicago-based carrier said Tuesday in results released after the market close that its adjusted earnings per share for 2019 would be in the $10.50 to $12 range, up from prior guidance of $10 to $12. Adjusted earnings per share for the quarter ended June 30 came in at $4.21, well above market expectations of $4.07 and the year-earlier figure of $3.23.
Two of the three U.S. airlines that own Boeing 737 MAX jets recently acknowledged that the plane won't return to service until at least November.
American Airlines mechanics unions asked the court to reconsider parts of an order issued last week.
United Airlines (UAL) stock currently sits down 6.4% from its 52-week high, although has climbed 18.3% since the beginning of June. With Q2 2019 earnings season unofficially beginning this week, let's see what investors might expect from United's earnings report.
The Boeing 737 Max needs to return to service by the fourth quarter or airlines could make plans without the jet in 2020, Citigroup said. Boeing stock rose.
American Airlines and Southwest Airlines have cancelled thousands of flights this year due to the 737 Max's grounding. Now, a new report from the Wall Street Journal says that the aircraft may not fly until 2020.
Boeing's (NYSE: BA) 737 MAX planes might not return to service until next year because of software and other issues that still need to be fixed, according to a July 14 article in the Wall Street Journal. Issues in getting the 737 MAX's flight-control software ready are contributing to the likelihood that the planes might remain grounded until January 2020, according to government and industry officials cited in the article. The Federal Aviation Administration (FAA) was not available for comment on the article by press time, but it said on June 26 that there is no prescribed timeline for returning the Boeing 737 MAX to passenger service.
The airline's decision was expected after the Federal Aviation Administration, which must reapprove the jets for flight following two fatal crashes, last month uncovered a new flaw that Boeing estimates will take until at least September to fix. "American Airlines remains confident that impending software updates to the Boeing 737 MAX, along with the new training elements Boeing is developing in coordination with our union partners, will lead to recertification of the aircraft this year," the airline said in a statement on Sunday. American, with 24 737 MAX aircraft and dozens more on order, is scheduling without the jets through Nov. 2.
Boeing shares extended declines Monday, while its European rival Airbus soared to an all-time high, as investors reacted to news that American Airlines has extended cancellations of the grounded 737 MAX for a fourth time, taking the troubled aircraft out of commission until at least November.
American Airlines said Sunday that it will keep the Boeing 737 Max plane off its schedule until Nov. 3, which is two months longer than it had planned.
American Airlines expects 115 daily flights to be impacted as it extends Boeing 737 Max cancellations by two months.
The world's largest airline is holding the 737 MAX aircraft through Nov. 2, as the Wall Street Journal separately reports grounding of the aircraft could extend into 2020.
Of the issues air travelers regularly face when trying to reach their final destination, customers' luggage ending up misplaced, damaged or delayed happens far too often. A new report from the U.S. Department of Transportation uncovers U.S. airline passenger reports of mishandled baggage in March 2019. This report highlights the top offending airlines, including airline giants such as American Airlines and Delta Air Lines.
Nearly a year after American Airlines cut its routes from Chicago to both Shanghai and Beijing in China, Hainan Airlines is moving to add nonstop service between Chicago’s O’Hare International Airport and Chengdu, a major second-tier business city in southwest China. Upon launch, the new route will make Chicago the first and so far only interior city in the United States to offer nonstop scheduled passenger service to a metropolis in China’s interior.