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Zacks News
New Strong Sell Stocks for June 18th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Airline Stock Roundup: AAL Buoys Optimism on Cash Burn, DAL, RYAAY in Focus
by Maharathi Basu
Backed by improving air-travel demand trends and cost-saving initiatives, both American Airlines (AAL) and Delta Air Lines (DAL) expect to exit this year with zero cash-burn rate.
New Strong Sell Stocks for June 16th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
LATAM Airlines (LTM) May Traffic Hurt by Coronavirus Woes
by Zacks Equity Research
LATAM Airlines (LTM) load factor tanks 3980 basis points in May due to dwindling air travel demand induced by the COVID-19 pandemic.
Is the Options Market Predicting a Spike in LATAM Airlines (LTM) Stock?
by Zacks Equity Research
Investors need to pay close attention to LATAM Airlines (LTM) stock based on the movements in the options market lately.
Airline Stock Roundup: LTM Posts Q1 Loss on Coronavirus Woes, UAL, AAL in Focus
by Maharathi Basu
With demand for air travel dropping sharply, carriers like American Airlines (AAL) and United Airlines (UAL) are looking to slash their personnel in a cost-cutting bid.
LATAM Airlines (LTM) Q1 Loss Wider Than Expected Amid Coronavirus
by Zacks Equity Research
LATAM Airlines' (LTM) Q1 results reflect a goodwill impairment loss of $1.73 billion due to the effects of the coronavirus crisis.
LATAM Airlines (LTM) in Focus: Stock Moves 7.1% Higher
by Zacks Equity Research
LATAM Airlines (LTM) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
The Zacks Analyst Blog Highlights: Hertz Global, Avis Budget Group, LATAM Airlines and Whiting Petroleum
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Hertz Global, Avis Budget Group, LATAM Airlines and Whiting Petroleum
The Story of How Hertz Global (HTZ) Fell
by Maharathi Basu
The exit of heavyweight investor Carl Icahn is a further blow to the already beleaguered Hertz Global (HTZ) stock.
Airline Stock Roundup: LTM Files for Bankruptcy Protection, DAL, RYAAY in Focus
by Maharathi Basu
The likes of Delta (DAL) and United Airlines (UAL) are looking at ways to promote cleanliness in a bid to encourage passengers to resume flying.
Stock Market News for May 26, 2020
by Zacks Equity Research
U.S. stocks ended mostly mixed on May 22, as investors tried to fathom the extent of U.S.-China tensions that rose earlier in the week.
LATAM Airlines (LTM) to Report Q1 Earnings: What's in Store?
by Zacks Equity Research
Weak passenger revenues are likely to have hurt LATAM Airlines' (LTM) Q1 performance.
LATAM Airlines Files Chapter 11 Bankruptcy Amid Coronavirus Woes
by Zacks Equity Research
Provisions of the bankruptcy protection will not have an impact on LATAM Airlines' (LTM) passenger and cargo operations.
Airline Stock Roundup: RYAAY, AZUL Post Q1 Loss, DAL, ALGT in Focus
by Maharathi Basu
The likes of Ryanair (RYAAY) and Azul (AZUL) incur coronavirus-induced losses in Q1.
Here's Why Azul (AZUL) Stock Plummets 86% in the Past 90 Days
by Zacks Equity Research
Azul (AZUL) expects to slash its capacity by 75-85% for second-quarter 2020.
LATAM Airlines (LTM) Traffic & Load Factor Plummet in April
by Zacks Equity Research
Suppressed air-travel demand upsets LATAM Airlines' (LTM) April traffic data.
Gol Linhas (GOL) April Traffic LacklusterAmid Coronavirus Woes
by Zacks Equity Research
The suppressed air-travel demand hits Gol Linhas' (GOL) April traffic statistics.
Copa Holdings Expects 11% Decline in Q1 Revenues, Shares Fall
by Zacks Equity Research
Copa Holdings (CPA) started feeling the heat of the coronavirus outbreak in March. Since Mar 22, the carrier has not operated any commercial flight.
Airline Industry's Outlook Takes a Beating From Coronavirus Jinx
by Maharathi Basu
Amid the current economic turmoil, a phase of affordable fuel costs bodes well for the airline industry,
Copa Holdings' March Traffic Results Highlight Coronavirus Woes
by Zacks Equity Research
Tumbling air-travel demand due to coronavirus concerns causes 43.4% fall in Copa Holdings' (CPA) March traffic.
Airline Stock Roundup: HA's Traffic Hit by Coronavirus Woes, ALGT's Capacity Cut & More
by Maharathi Basu
With air-travel touching a nadir, March traffic statistics of the likes of LATAM Airlines (LTM) and Hawaiian Holdings' (HA) subsidiary Hawaiian Airlines show a massive decline.
Gol Linhas Stock Plummets 75.2% in 3 Months: Here's Why
by Zacks Equity Research
Gol Linhas (GOL) trims capacity and cuts costs to tide over the coronavirus-induced crisis.
Gol Linhas Q1 PRASK View Dim, 2020 View Invalid on Coronavirus Woes
by Zacks Equity Research
With significant drop in demand, Gol Linhas (GOL) anticipates PRASK to have dipped in Q1. Additionally, the company suspends 2020 and 2021 view due to uncertainty from the coronavirus.
Gol Linhas (GOL) March Traffic Dull Due to Coronavirus Woes
by Zacks Equity Research
Occupancy rate falls in March at Gol Linhas (GOL) as the traffic decline exceeds capacity contraction.