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AVH

Avianca

$3.91

-0.09 (-2.25%)

19:14
04/24/19
04/24
19:14
04/24/19
19:14

Avianca CEO Rincon to retire effective April 30

Avianca Holdings announced that Hernan Rincon Lema has notified the Avianca Holdings board of directors that he plans to retire from the company effective April 30, 2019 after three years serving as the company's Chief Executive Officer. Rincon's announcement, which was made upon completion of his third year as Avianca's CEO, is aligned with the company's ongoing long-term strategic and organizational development program, as part of a planned transition, the company said. "Pursuant to our bylaws and Amended & Restated Joint Action Agreement, we have already retained a third-party international consulting firm to assist us in searching for a successor for Mr. Rincon," the company said. "Our board of directors has resolved that, if a successor Chief Executive Officer is not appointed prior to the departure of Mr. Rincon, our Secretary Mr. Renato Covelo, who has been acting as Legal Vice President and General Counsel since December 2016, shall become our interim Chief Executive Officer until a successor has been appointed. In the meantime, Mr. Richard Galindo, who has been acting as Legal Director since February 2017 will become our interim Secretary."

AVH Avianca
$3.91

-0.09 (-2.25%)

10/29/18
BOFA
10/29/18
DOWNGRADE
BOFA
Underperform
Avianca downgraded to Underperform from Neutral at BofA/Merrill
11/23/18
JPMS
11/23/18
DOWNGRADE
Target $6.5
JPMS
Neutral
Avianca downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Fernando Abdalla downgraded Avianca (AVH) to Neutral and lowered his price target for the shares to $6.50 from $8. The analyst sees risk for the company given its exposure to competition from low-cost carriers. He prefers shares of Copa Holdings (CPA). Abdalla views Copa's valuation discount to peers as unwarranted. He keeps an Overweight rating on the shares with a $100 price target.

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Alphabet Class A

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GOOG

Alphabet

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BA

Boeing

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XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

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TSN

Tyson Foods

$82.50

-0.48 (-0.58%)

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MCD

McDonald's

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SPX

S&P 500

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MDCO

The Medicines Co.

$33.01

-0.19 (-0.57%)

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ACAD

Acadia

$24.97

-0.69 (-2.69%)

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PINS

Pinterest

$26.69

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KSHB

KushCo Holdings

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JWN

Nordstrom

$37.09

0.16 (0.43%)

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NTDOY

Nintendo

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TTWO

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DIS

Disney

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TPR

Tapestry

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TPR

Tapestry

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SCHW

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AMAT

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MT

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DDAIF

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F

Ford

$10.29

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GM

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HMC

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VWAGY

Volkswagen

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SHOO

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GIII

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IIVI

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LITE

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MU

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WDC

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COHR

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LASR

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VECO

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AAPL

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WMT

Walmart

$100.88

-0.56 (-0.55%)

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XOM

Exxon Mobil

$75.91

-0.44 (-0.58%)

, REPYY

Repsol

$0.00

(0.00%)

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Exxon Mobil

$75.91

-0.44 (-0.58%)

REPYY

Repsol

$0.00

(0.00%)

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IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

, SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

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IEF

iShares 7-10 Year Treasury Bond ETF

$106.74

0.04 (0.04%)

SHY

iShares 1-3 Year Treasury Bond

$84.15

0.02 (0.02%)

SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

SLV

iShares Silver Trust

$13.52

-0.14 (-1.02%)

GLD

SPDR Gold Shares

$120.64

-0.86 (-0.71%)

FXE

Euro Currency Trust

$106.35

-0.13 (-0.12%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$285.98

-1.87 (-0.65%)

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IMF's Lagarde: U.S.-China trade spat may be risk to global economy, Reuters says »

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S&P 500

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(0.00%)

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SPDR S&P 500 ETF Trust

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HIG

Hartford Financial

$53.58

-0.02 (-0.04%)

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Breaking Syndicate news story on Hartford Financial »

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AFH

Atlas Financial

$0.91

0.0225 (2.53%)

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WES

Western Gas Partners

$30.60

-0.155 (-0.50%)

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Breaking Syndicate news story on Western Gas Partners »

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BA

Boeing

$354.99

0.5 (0.14%)

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Boeing awarded $163.91M Navy contract modification »

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LMT

Lockheed Martin

$338.10

-2.39 (-0.70%)

17:18
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