Banks Earn $21.6 Billion in 2Q Tuesday, August 31, 12:00 PM ET, by Market News Video Staff According to the FDIC, the banking industry earned $21.6 billion in the second quarter of ...
Daily Dividend Report: FE, JPM, USB, MA, FITB Wednesday, September 22, 11:12 AM ET, by Market News Video Staff Yesterday afternoon, FirstEnergy (FE) declared its quarterly dividend of 55 cents per share, maintaining the ...
Today's Big Movers: AAI, NPD, ACV, BPZ, KGJI Monday, September 27, 4:41 PM ET, by Market News Video Staff Southwest Airlines (LUV) said today it has agreed to acquire AirTran Holdings (AAI) in a ...
PowerShares Preferred Portfolio High Yield ETF Monday, October 11, 7:33 AM ET, by Market News Video Staff The PowerShares Preferred Portfolio (PGX) is based on an index that is designed to replicate ...
Airline Stocks Trade Higher Despite Mixed Report Out of JP Morgan
By Market News Video Staff, Monday, October 25, 11:25 AM ET
Airline stocks are trading higher on Monday morning despite mixed reports from JP Morgan today. The investment firm downgraded shares of Southwest Airlines (NYSE:LUV) from overweight to neutral, but upgraded shares of Jetblue Airways (NASDAQ:JBLU) from neutral to overweight. Both moves were related to valuation, as the firm has a $15.50 price target on shares of LUV and a $9 price target on shares of JBLU.
The Guggenheim Airline ETF (AMEX:FAA) is trading higher by about 1% this morning on the news. The ETF holds a 14% position in shares of Southwest Airlines and a 3.3% position in Jetblue Airways. For a full list of holdings for the Guggenheim Airline ETF, visit the FAA Holdings page.
Register
Today to be alerted when we launch, and we'll offer you a 20% discount on your first year of service! The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXAirlineAirlinesAirwaysCHANNELGuggenheimInvestmentJBLUJetblueMorganPortfolioRegisterSouthwestTodayaboutallowsassetbondsclassescompletelycountriesdesigneddespitefirmfromfullgrowthhigherleadsmorningneutralnewsoverweightportfoliopositionpriceprogramrelatedsharesshortstockstargettermsthistradingvaluationvisitwhenyearyour
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.