In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California on January 9, 2025.On Friday, the area's airports were operating normally, according to flight-tracking platform FlightAware, but parts of the city were still in the grip of the wildfires. Power outages were reported across Los Angeles County and local residents in the decimated Pacific Palisades area were told to boil or use bottled water. Parts of the county wer ...

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social, and other non-financial factors.The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to an uptick in socially-conscious investing.O’Connor said American had breached its legal duty to make investment decisions based solely on the financial interests of 401(k) plan beneficia ...

President-elect Donal Trump will finally take oath as the 47th President of the United States on Jan. 20. Market participants are uncertain regarding Trump's economic policies. Trump's popular policies like the reduction of corporate tax, deregulation and the imposition of tariffs on foreign products are expected to boost economic growth, especially for domestic industries. At the same time, these policies may lead to a higher inflation rate, making it harder for the Fed's goal of a soft landing of the econ ...

FORT WORTH, Texas, Jan. 09, 2025 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its fourth-quarter and full-year 2024 financial results conference call with financial analysts and journalists on Thursday, Jan. 23, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Feb. 23. About American Airlines GroupAs a leading global airline, American A ...

For Immediate ReleaseChicago, IL – January 9, 2025 – Today, Zacks Equity Research United Airlines (UAL) , American Airlines (AAL) and Alaska Air Group (ALK) .Industry: AirlinesLink: https://www.zacks.com/commentary/2393503/3-solid-stocks-to-buy-from-the-prospering-airline-industryThe outlook for the Zacks Transportation - Airline industry is bright with the air travel demand scenario appearing rosy. Declining fuel costs also bode well for airlines. This is because expenses on fuel represent a key input cost ...

The outlook for the Zacks Transportation - Airline industry is bright with the air travel demand scenario appearing rosy. Declining fuel costs also bode well for airlines. This is because expenses on fuel represent a key input cost for airlines.As a result, we believe that investors interested in the industry would do well to bet on stocks like United Airlines (UAL) , American Airlines (AAL) and Alaska Air Group (ALK) for higher returns.About the Industry The Zacks Airline industry players are engaged in tr ...

Key TakeawaysShares of American Airlines surged Monday after brokerage firms Jefferies and TD Cowen upgraded their ratings to "buy" and raised their price targets on the carrier's stock.Jefferies said the stock "could see significant surprise to the upside in 2025."American Airlines stock has nearly doubled since falling to a four-year low last August. Shares of American Airlines Group (AAL) surged Monday after brokerage firms Jefferies and TD Cowen upgraded their ratings and raised their price targets on t ...

American Airlines Group Inc (NASDAQ:AAL) stock is up 4.5% to trade at $17.72 this morning, after TD Cowen and Jefferies both issued upgrades to "buy," with respective price-target hikes to $25 and $20, from $17 and $12. Both brokerages expressed optimism that the company can rejoin the "Big 3" (alongside Delta Air Lines (DAL) and United Airlines (UAL)) of airline carriers, thanks to a rebuilt sales strategy. AAL is a chip shot from its Dec. 10 two-year high of $18.20. Since that peak, the shares have consol ...

Year 2024 turned out to be good for U.S. equity markets. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — gained significantly on a year-over-year basis in 2024. Multiple rate cuts by the Fed and a slowing inflation rate provided the stimulus.Investors would like to take advantage of these tailwinds and design a winning portfolio in the new year for healthy returns. Given the difficulty of this task, investors are advised to take help from brokers, deemed to be experts in the ...

Several U.S. airline industry stocks had an impressive run in 2025, particularly among the legacy carriers, or those that served interstate routes at the time the domestic airline industryAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ha ...