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Zacks News
Delta's Q2 Revenues May Be Hit by $10B Due to Coronavirus
by Zacks Equity Research
As demand continues to fall in the wake of the coronavirus outbreak, Delta (DAL) expects second-quarter revenues to drop 80% year over year.
Delta (DAL) Stock Tanks 63% in the Past 30 Days: Here's Why
by Zacks Equity Research
To tackle the coronavirus-inflicted tepid demand scenario, Delta Air Lines (DAL) aims to curb its international flight frequency in excess of 80% over the next two/three months.
Company News for Mar 20, 2020
by Zacks Equity Research
Companies In The News Are: F, AAL, CCL, DPZ.
United Airlines Cuts Capacity Under Coronavirus Uncertainty
by Zacks Equity Research
To manage the coronavirus-inflicted tepid demand scenario, United Airlines (UAL) aims for a 60% schedule reduction for April.
Airline ETF & Stocks at Risk as Coronavirus Hits Air Travel
by Sweta Jaiswal, FRM
Let's see whether flight cancellations, travel restrictions and trimming of capacity by airline carriers due to the coronavirus outbreak will impact the airline ETF.
Airline Stock Roundup: Azul's Q4 Earnings Beat, Coronavirus Updates Galore
by Maharathi Basu
Carriers including United Airlines (UAL) and Southwest Airlines (LUV) are trimming capacity and cutting costs to conquer the unprecedented coronavirus-inflicted crisis.
Stock Market News for Mar 17, 2020
by Zacks Equity Research
Wall Street witnessed one of its worst day in history on Monday as coronavirus strengthened its grip threatening of a possible global recession in the near term.
The Zacks Analyst Blog Highlights: Ryanair, Air France KLM, Delta Air Lines, American Airlines and Southwest Airlines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ryanair, Air France KLM, Delta Air Lines, American Airlines and Southwest Airlines
Company News for Mar 17, 2020
by Zacks Equity Research
Companies In The News Are: BNTX, MRNA, UAL, AAL.
Tackle Market Gyrations With Buffett's Style of ETF Investing
by Sanghamitra Saha
Wall Street is in a bear market. Survive the slump with ETF strategies that are derived from the Warren Buffett???s style of investing.
Ryanair (RYAAY) Plunges 27.5%: Time to Buy the Dip?
by Maharathi Basu
With Italy being severely hit by coronavirus, Ryanair (RYAAY) cancels multiple flights to/from its primary market.
Airlines Brought to Their Knees by Coronavirus: What's Ahead?
by Maharathi Basu
The sharp drop in demand prompts airlines across the globe to trim capacity. Dwindling demand is likely to hit first-quarter results hard.
American Airlines (AAL) in Focus: Stock Moves 6.4% Higher
by Zacks Equity Research
American Airlines (AAL) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
Coronavirus Ends Bull Run, Trump's Plan & Buy this Chip Stock - Free Lunch
by Benjamin Rains
The end of the 11-year bull run. We also take a look at President Trump's plan to fight the economic downturn and the spread. We then end with why Intel (INTC) is a Zacks Rank #1 (Strong Buy) stock right now...
Delta (DAL) Extends Ban on U.S- China Flights by a Month
by Zacks Equity Research
Delta (DAL) adjusts its trans-Pacific flight schedule as part of its efforts to balance the disrupted supply-demand ratio due to low travel frequency in the wake of the coronavirus dread.
Coronavirus Makes Airline Stocks a Screaming Buy: 5 Picks
by Manaswita Ghosh Dutta
The dip in airlines because of the coronavirus might be a brief blip as these companies count on their strong balance sheets, liquid assets and Trump's possible economic stimulus.
Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?
by Maharathi Basu
The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.
Airlines Cut Costs: Will it Offset Coronavirus-Led Low Demand?
by Eshani Haque
To counteract the drop in demand caused by the rapidly spreading coronavirus, airlines are reducing capital expenses, discretionary operating costs as well as suspending share buybacks.
Wall Street Rises on Trump's Stimulus: ETF & Stock Gainers
by Sanghamitra Saha
Trump plans to offer fiscal stimulus to counter coronavirus-related economic fallout. As the Wall Street rallied on the hopes, these ETFs and stocks gained massively.
Coronavirus Hits Airlines, Market Volatility & Buy this Home Builder Stock - Free Lunch
by Benjamin Rains
Monday's selloff and Tuesday's up and down reaction. Oil prices and their impact. What's next on the coronavirus front. And we close with a look at why Lennar (LEN) is a Zacks Rank #1 (Strong Buy) stock right now...
FedEx (FDX) Picks New CFO, Incumbent Alan Graf to Retire
by Zacks Equity Research
Mike Lenz is chosen to serve as FedEx's (FDX) CFO, replacing the veteran Alan Graf. Lenz is currently the company's vice president and treasurer.
Southwest Airlines Down on Coronavirus-Induced Q1 RASM View
by Zacks Equity Research
Southwest Airlines (LUV) expects first-quarter 2020 operating revenues to decline between $200 and $300 million.
Stock Market News for Mar 6, 2020
by Zacks Equity Research
Benchmarks fell sharply on Thursday as investors remained concerned regarding coronavirus widespread in the United States.
IATA's New Forecast Adds Gloom to Coronavirus-Hit Airlines
by Eshani Haque
IATA anticipates the Asia-Pacific carriers to witness up to 32% decline in passenger numbers, equivalent to a $57.3-billion revenue loss.
Zacks Industry Outlook Highlights: American Airlines, United Airlines, Delta Air Lines, LATAM Airlines and Ryanair
by Zacks Equity Research
Zacks Industry Outlook Highlights: American Airlines, United Airlines, Delta Air Lines, LATAM Airlines and Ryanair