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Fly News Breaks for June 1, 2016
VA, ALK
Jun 1, 2016 | 07:15 EDT
UBS believes Alaska Air (ALK) shares are oversold due to synergy target concerns regarding its acquisition of Virgin America (VA). The firm expects to see multiple expansion as PRASM trends begin to look more like the rest of the industry. UBS lowered its estimates and price target on the back of the recent fuel price move and the higher leverage and lower cash return to shareholders due to its Virgin America deal. UBS lowered its price target to $74 from $87 on Alaska Air shares while reiterating its Buy rating.
News For ALK;VA From the Last 2 Days
ALK
Apr 19, 2024 | 07:28 EDT
ALK
Apr 19, 2024 | 06:34 EDT
ALK
Apr 18, 2024 | 12:38 EDT
ALK
Apr 18, 2024 | 08:50 EDT
ALK
Apr 18, 2024 | 05:29 EDT
ALK
Apr 18, 2024 | 05:27 EDT
ALK
Apr 18, 2024 | 05:26 EDT
ALK
Apr 17, 2024 | 13:19 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Blackstone (BX), consensus 96c... Elevance Health (ELV), consensus $10.53... D.R. Horton (DHI), consensus $3.06... Genuine Parts (GPC), consensus $2.16... Snap-on (SNA), consensus $4.64... Keycorp (KEY), consensus 22c... Ally Financial (ALLY), consensus 33c... Alaska Air (ALK), consensus ($1.05).
ALK
Apr 17, 2024 | 11:40 EDT
ALK
Apr 17, 2024 | 11:38 EDT
ALK
Apr 17, 2024 | 11:36 EDT
After experiencing problems with a computer system upgrade, Alaska Airlines grounded its entire U.S. fleet Wednesday morning, NBC News' Rob Wile and Jay Blackman report. An issue arose "while performing an upgrade to the system that calculates our weight and balance," the carrier said in a statement. The FAA approved a ground stop for all Alaska and Horizon flights starting at approximately 10:50 a.m. ET. Reference Link
