Moody's Investors Service said that Alaska Air Group, Inc.'s ("Alaska") Baa3 issuer rating is unaffected by the agreement announced on December 3rd in which Alaska will acquire Hawaiian Holdings, Inc. (Caa1 negative) for $18 per share. The companies have valued the transaction at $1.9 billion, inclu...
The general evaluation of HAWAIIAN HOLDINGS (US), a company active in the Airlines industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 14, 2022, the closing price was USD...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Upgrading Transports & Manufacturing To Overweight The S&P 500, Nasdaq 100 (QQQ), and Russell 2000 (IWM) all managed to break above their respective resistance levels which we highlighted in last week's Compass, and both the S&P 500 and Russell 2000 closed yesterday at all-time highs. Considering these new price highs, and ongoing market dynamics which remain largely positive, we expect higher prices ahead and recommend adding exposure on pullbacks. · S&P 500, Nasdaq 100, Russell 2000....
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