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Zacks News
Company News for Jun 28, 2022
by Zacks Equity Research
Companies in The News Are: BNTX,PFE,WBA,HOOD,SAVE,ULCC,JBLU
Spirit Airlines (SAVE) Backs Frontier Deal on Enhanced Offer
by Zacks Equity Research
Spirit Airlines (SAVE) amends previously announced merger agreement with Frontier to include higher per-share cash consideration among others as it turns down JetBlue's takeover offer yet again.
Airline Stock Roundup: JBLU Ups Bid for SAVE, RYAAY's Labor Woes & More
by Maharathi Basu
LUV increases its load factor forecast for Q2. Meanwhile, JBLU sweetens its SAVE buyout offer.
JetBlue (JBLU) Boosts Proposal to Acquire Spirit Airlines
by Zacks Equity Research
JetBlue (JBLU) raises its takeover offer for Spirit Airlines by $2 to $33.50 per share. The enhanced proposal continues to offer a prepayment of the reverse break-up fee.
Airline Stock Roundup: ALK, AAL's Upbeat Q2 Revenue Views, SAVE, GOL in Focus
by Maharathi Basu
With air-travel demand bouncing back rapidly from the pandemic lows, AAL and ALK better their respective Q2 revenue forecasts.
JetBlue (JBLU) Ups Break-Up Fee in Bid for Spirit Airlines
by Zacks Equity Research
In an enhanced bid for Spirit Airlines, JetBlue (JBLU) not only raises its break-up fee but also promises to prepay part of the termination fee soon after the former's shareholders approve the deal.
Wall Street Awaits Inflation Data
by Zacks Equity Research
Wall Street Awaits Inflation Data
Business Offers & Other Developments Ahead of the Bell
by Mark Vickery
Pre-market futures are buoyant, though it's unclear whether these news items are at all responsible.
Airline Stock Roundup: DAL, HA's Upbeat Q2 Revenue View, SAVE, RYAAY in Focus
by Maharathi Basu
With air-travel demand bouncing back rapidly from the pandemic lows, DAL and HA better their respective Q2 revenue forecast.
Spirit Airlines (SAVE)-Frontier Add Break-Up Fee to Merger Deal
by Zacks Equity Research
Spirit Airlines (SAVE) and Frontier decide on a $250-million reverse termination fee in the event of their merger deal failing to get regulatory approvals.
Spirit (SAVE) Stock Up 13.49% in Monday's Trading: Here's Why
by Zacks Equity Research
JetBlue (JBLU) aims to acquire all the outstanding shares of Spirit Airlines (SAVE) for $30 per share.
Markets Await Big Box Retail Earnings Report
by Zacks Equity Research
Markets Await Big Box Retail Earnings Report
Retailers to Report Q1 Earnings; JBLU Bids for SAVE
by Mark Vickery
Walmart shares are still in positive territory year to date, although they are notably off their April 21st highs.
Airline Stock Roundup: SAVE Rejects JBLU's Takeover Offer, ALGT in Focus
by Maharathi Basu
Ryanair (RYAAY) operates more than 82,600 flights in April. Meanwhile, Allegiant (ALGT) incurs a loss in Q1.
Frontier Group Holdings (ULCC) Reports Q1 Loss, Misses Revenue Estimates
by Zacks Equity Research
Frontier Group (ULCC) delivered earnings and revenue surprises of -35.14% and 3.03%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Frontier Group Holdings (ULCC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
by Zacks Equity Research
Frontier Group (ULCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Spirit Airlines (SAVE) to Begin Talks on JetBlue's $3.6B Offer
by Zacks Equity Research
Spirit Airlines (SAVE) feels that JetBlue's $3.6B offer could lead to a "superior proposal" from its previously inked merger agreement with Frontier Airlines.
Xenia Hotels & Resorts and Lands' End have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Xenia Hotels & Resorts and Lands' End are part of today's Zacks Bull and Bear of the Day article.
JetBlue (JBLU) Proposes $3.6B Deal to Acquire Spirit Airlines
by Zacks Equity Research
The proposed deal with Spirit Airlines is expected to expand JetBlue's (JBLU) network across the United States, the Caribbean and Latin America, offering customers more than 1,700 daily flights.
Lael Brainard Turns Hawkish, Snags Indexes
by Mark Vickery
The Dow fell -279 points, -0.80%, the S&P 500 shed -57 points, -1.25%. But the Nasdaq dropped -328 points, -2.26%, and the Russell lost -49 points, -2.36%.
The Zacks Analyst Blog Highlights Spirit Airlines, Frontier Group Holdings, SkyWest Allegiant Travel and Gol Linhas
by Zacks Equity Research
Spirit Airlines, Frontier Group Holdings, SkyWest Allegiant Travel and Gol Linhas are included in this analyst blog.
Airline Stock Roundup: SAVE's $2.9 B Deal With ULCC, Q4 Earnings of ALGT & SKYW
by Maharathi Basu
In the event of Spirit's (SAVE) merger deal with Frontier (ULCC) materializing, $1 billion in consumer savings is likely to be generated annually.
Spirit Airlines (SAVE) Inks Merger Deal With Frontier Airlines
by Zacks Equity Research
Spirit Airlines' (SAVE) proposed $2.9-billion merger deal with budget carrier, Frontier Airlines, is expected to enhance competition and create the fifth-largest U.S. airline.
Earnings Data Deluge
by Zacks Equity Research
Earnings Data Deluge
Quarterly Beats for Tyson (TSN), Onsemi (ON) and Hasbro (HAS)
by Mark Vickery
Later this week, we'll see new earnings results from The Walt Disney Co. (DIS), Uber (UBER), Coca Cola (KO) and Peloton (PTON).