Moody's Investors Service said that JetBlue Airways Corp.'s Ba2 and Spirit Airlines, Inc.'s B1 corporate family ratings are unaffected by the companies agreement to merge announced on July 28, 2022. JetBlue will acquire Spirit in an all cash transaction valued at $3.8 billion. The acquisition of Spi...
Moody's Investors Service said that JetBlue Airways Corp.'s Ba2 and Spirit Airlines, Inc.'s B1 corporate family ratings are unaffected by the companies agreement to merge announced on July 28, 2022. JetBlue will acquire Spirit in an all cash transaction valued at $3.8 billion. The acquisition of Spi...
SPIRIT AIRLINES (US), a company active in the Airlines industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as moderately risky. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date April 5, 2022, the closing price was USD 26.92 a...
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....
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
S&P 500 Testing 3870 Support; 10-Year Yield In Focus As the S&P 500 pulls back to logical support at 3870, our weight-of-the-evidence approach continues to support our overall bullish outlook. While the positives heavily outweigh the negatives, the rising 10-year Treasury yield is threatening to become a headwind. The irony here is that we have outlined rising yields as a longstanding tailwind that has helped support our bullish outlook since early November 2020. We discuss this risk below, in ...
Spirit Airlines Reports Fourth Quarter and Full Year 2020 Results MIRAMAR, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NYSE: SAVE) today reported fourth quarter and full year 2020 financial results. Ended the year 2020 with $1.9 billion of unrestricted cash, cash equivalents and short-term investment securities Fourth Quarter 2020 Fourth Quarter 2019 As Reported Adjusted As Reported Adjusted (GAAP) (non-GAAP)1 (GAAP) (non-GAAP)1Total Operating Revenues$498.5 million $498.5 million $969.8 million $969.8 millionEBITDA$(87.8) mill...
Spirit Airlines and Mastercard Present Brett Young’s ‘Live from the Runway’ Virtual Concert Celebrating New Free Spirit® Loyalty Program MIRAMAR, Fla., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Multi-platinum performer Brett Young will “” an unforgettable flight to Florida as (NYSE: SAVE) and Mastercard announced plans today to celebrate the launch of the with Brett Young: Live from the Runway. Young’s performance will be the first-ever concert streamed worldwide from the runway of Fort Lauderdale-Hollywood International Airport—with planes speeding past as fast as the new Free Spirit, which is...
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