|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||202.33 - 204.05|
|52 Week Range||157.65 - 206.73|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.44%|
Delta Air Lines, Inc. (NYSE:DAL) stock has had a choppy 12 month period of trading. It had a handful of +/- 15% moves during that time. While the one-year performance net result is lagging that of the 21%-plus iShares Dow Jones Transport. Avg. (ETF) (BATS:IYT) move, 12%-plus coming into the earnings for DAL is impressive.Source: via Delta
The “Job Openings and Labor Turnover Survey” (or JOLTS) data for November was reported on January 9 and contains information about job openings and total separations. Total separations include quits, layoffs and discharges, and other separations. As per the latest JOLTS report, about 3.2 million American workers quit their jobs voluntarily in November.
Clearly, the sector is in favor on Wall Street. JetBlue Airways Corporation (NASDAQ:JBLU) stock is not so lucky, down 9% for the same period. Today I want to go long JBLU stock even though I worry a little about the trader reaction to the upcoming earnings.
The iShares Transportation Average ETF (NYSEArca: IYT) and the SPDR S&P Transportation ETF (NYSEArca: XTN) each jumped 6% last week in the last sign transportation stocks are roaring back. XTN, the equal-weight ...
The increase in price pressure, although reassuring for the Fed, might not lead to a higher rate of inflation in the short term.
The airline industry has not always had the best reputation from a stock investment perspective. Southwest Airlines Co (NYSE:LUV) is one airline that has a better reputation for its business acumen than most others. LUV stock is up 16% in the past 12 months, even after its correction that started in July.
In 3Q17, BNSF’s revenues rose 2.8%, and its operating expenses rose 2.3%. The pace of revenue growth was marginally higher than its operating expenses.
In 3Q17, the Industrial Products segment's revenues rosed 4% to ~$1.3 billion compared to $1.2 billion in 3Q16.
Burlington Northern Santa Fe’s 3Q17 revenues rose mainly due to an overall 3.1% rise in shipments. In the first nine months of 2017, freight volumes rose 6%.
When United Continental reported its latest batch of earnings on Oct. 18, it failed to impress investors. As a side note, the weakness on Tuesday wasn’t just concentrated to UAL stock but indeed the transportation stocks as a group traded heavy, resulting in the iShares Dow Jones Transport. This is no reason to sell everything and head for cover, but it does warrant paying more attention to the transportation stocks again.