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LUV

Southwest

$39.77

1.3 (3.38%)

19:41
10/10/16
10/10
19:41
10/10/16
19:41

Southwest reaches terms on contract extension with appearance technicians

Southwest Airlines and the Aircraft Mechanics Fraternal Association announced they have agreed to terms on a tentative agreement for the company's more than 200 Aircraft Appearance Technicians, the group primarily responsible for aircraft detailing and appearance care services. AMFA representatives will be communicating the provisions of the proposed 5-year extension agreement in the coming days. "This agreement enhances pay and benefits for our employees, and it supports the company's long-term strategic business plan," remarked Southwest. If approved, the extension will run through February 2021 and replace the current collective bargaining agreement that becomes amendable in February 2017.

LUV Southwest
$39.77

1.3 (3.38%)

07/27/16
JPMS
07/27/16
DOWNGRADE
Target $34
JPMS
Neutral
Southwest downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Jamie Baker downgraded Southwest Airlines to Neutral saying the company continues to resist industry efforts aimed at improving revenue, like bag fees and fare increases. The analyst also sees labor uncertainty in 2017 from all three unions. He cut his price target for the shares to $34 from $52.50.
07/27/16
JPMS
07/27/16
UPGRADE
Target $78.5
JPMS
Overweight
Alaska Air upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Jamie Baker upgraded Alaska Air Group (ALK) to Overweight saying the shares at current levels are "simply too cheap to ignore." The analyst highlights the company's "exemplary capital stewardship" and labor cost control in recent years. He raised his price target for the shares to $78.50 from $72.50. Baker this morning also downgraded Southwest Airlines (LUV) to Neutral.
07/27/16
07/27/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Twitter (TWTR) downgraded to Hold from Buy at Canaccord, to Hold from Buy at Axiom, and to Hold from Buy at Cantor. 2. Southwest (LUV) downgraded to Neutral from Overweight at JPMorgan with analyst Jamie Baker saying the company continues to resist industry efforts aimed at improving revenue, like bag fees and fare increases. 3. Globus Medical (GMED) downgraded to Market Perform from Outperform at Wells Fargo, to Market Perform from Outperform at Leerink, and to Hold from Buy at Canaccord. 4. Linear Technology (LLTC) downgraded to Equal Weight from Overweight at Morgan Stanley. 5. Analog Devices (ADI) downgraded to Neutral from Buy at Citi with analyst Christopher Danely saying he views the stock as fairly valued at current levels. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/09/16
IMPC
09/09/16
INITIATION
Target $46
IMPC
Outperform
Southwest initiated with an Outperform at Imperial Capital
Imperial Capital analyst Michael Derchin started Southwest Airlines with an Outperform rating and $46 price target. Concerned that the company's cost gap will erode over time are overblown, Derchin tells investors in a research note. He believes Southwest warrants a premium valuation to the big three airlines since it can maintain a "meaningful cost and margin advantage because of its low cost business model."

TODAY'S FREE FLY STORIES

INVH

Invitation Homes

$21.56

0.12 (0.56%)

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DAL

Delta Air Lines

$52.95

0.14 (0.27%)

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XLV

Health Care Select Sector SPDR

$80.33

-0.26 (-0.32%)

, XLK

Technology Select Sector SPDR

$56.28

0.33 (0.59%)

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XLV

Health Care Select Sector SPDR

$80.33

-0.26 (-0.32%)

XLK

Technology Select Sector SPDR

$56.28

0.33 (0.59%)

XLF

Financial Select Sector

$23.91

-0.07 (-0.29%)

XLE

Energy Select Sector SPDR

$64.16

0.21 (0.33%)

SPY

SPDR S&P 500 ETF Trust

$243.10

0.26 (0.11%)

SPX

S&P 500

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TSN

Tyson Foods

$62.64

0.918 (1.49%)

14:57
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Periodicals
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PAA

Plains All American

$24.53

0.6301 (2.64%)

14:50
06/23/17
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Options
Bullish long-term option play opened in Plains All American Pipeline »

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  • 08

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    Nov

LION

Fidelity Southern

$22.59

0.01 (0.04%)

14:46
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Hot Stocks
Fidelity Southern announces appointment of Charles Christy as CFO »

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  • 18

    Sep

14:40
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General news
Fedspeak will resume with Chair Yellen »

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14:30
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Options
Alerian MLP attracts call buyers as shares attempt to rebound »

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LITE

Lumentum

$62.45

-0.05 (-0.08%)

14:25
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Options
Lumentum call volume above normal and directionally bullish »

Bullish option flow…

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  • 26

    Jun

  • 12

    Jul

  • 13

    Jul

14:20
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Action Economics Survey results »

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NTDOY

Nintendo

$42.05

0.435 (1.05%)

, SNE

Sony

$38.52

0.11 (0.29%)

14:17
06/23/17
06/23
14:17
06/23/17
14:17
Periodicals
Nintendo market cap surpasses Sony's in Japan, Nikkei reports »

Nintendo's (NTDOY)…

NTDOY

Nintendo

$42.05

0.435 (1.05%)

SNE

Sony

$38.52

0.11 (0.29%)

03/08/13
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03/08/13
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03/06/13
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$NSD

NASDAQ Market Internals

14:17
06/23/17
06/23
14:17
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14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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$NYE

NYSE Market Internals

14:16
06/23/17
06/23
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Technical Analysis
NYSE market internals summary »

Volume is below average…

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PTLA

Portola Pharmaceuticals

$38.25

-1.24 (-3.14%)

14:15
06/23/17
06/23
14:15
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14:15
Conference/Events
Portola Pharmaceuticals hold a conference call »

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  • 23

    Jun

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    Jun

SAFM

Sanderson Farms

$123.21

-2.89 (-2.29%)

14:08
06/23/17
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Sanderson Farms to 'vigorously defend' California chicken lawsuit »

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RH

RH

$60.50

3.847 (6.79%)

14:05
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Options
Restoration Hardware call volume above normal and directionally bullish »

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14:00
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Breaking General news story  »

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BLCM

Bellicum Pharmaceuticals

$13.98

1.33 (10.51%)

13:51
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  • 23

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MDRX

Allscripts

$12.71

0.52 (4.27%)

13:50
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Options
Second day of bullish option flow in Allscripts »

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NTNX

Nutanix

$18.50

0.16 (0.87%)

13:45
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Options
Nutanix call volume above normal and directionally bullish »

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13:40
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General news
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PTLA

Portola Pharmaceuticals

$38.25

-1.24 (-3.14%)

13:36
06/23/17
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13:36
Hot Stocks
Breaking Hot Stocks news story on Portola Pharmaceuticals »

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  • 23

    Jun

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    Jun

PTLA

Portola Pharmaceuticals

$38.25

-1.24 (-3.14%)

13:35
06/23/17
06/23
13:35
06/23/17
13:35
Hot Stocks
Breaking Hot Stocks news story on Portola Pharmaceuticals »

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  • 23

    Jun

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    Jun

GE

General Electric

$27.59

0.035 (0.13%)

13:30
06/23/17
06/23
13:30
06/23/17
13:30
Options
19.1K GE Jul - Aug 29 call spreads sold at 12c »

19.1K GE Jul - Aug 29…

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  • 02

    Oct

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