Southwest Airlines moves to safeguard against activist campaign
Southwest Airlines Co (NYSE:LUV) has adopted a limited-duration shareholder rights plan to safeguard the interests of its shareholders in the face of an activist campaign launched by Elliott Invest...
Southwest Airlines Fights Back Against Activist Elliott
The company said in June that it has built a $1.9 billion stake in the airline, making it one of the largest shareholders.
SOUTHWEST AIRLINES ADOPTS LIMITED-DURATION SHAREHOLDER RIGHTS PLAN
Board Acts in Response to a Significant Accumulation by Elliott Investment Management Protects Value of All Shareholders' Investments in Southwest Airlines DALLAS , July 3, 2024 /PRNewswire/ -- The...
Southwest Expects Lower Pricing Power as Airlines Add Capacity
Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats.
Southwest Airlines' stock reverses losses to trade higher after company cuts revenue guidance
Southwest Airlines Co.'s stock reversed early losses to trade slightly higher Wednesday, after the carrier lowered its second-quarter revenue guidance in a dynamic environment.
Southwest cuts revenue outlook despite booming demand, blames ‘booking patterns'
Southwest said the revenue per mile outlook is worsening mostly due to the difficulty of adapting its pricing to “current booking patterns in this dynamic environment.”
Southwest Sock Gaps Lower on Slashed Forecast
Southwest Airlines Co (NYSE:LUV) cut its fiscal second-quarter forecast today, as the industry struggles to predict demand trends.
Southwest Airlines stock dips after airline cuts quarterly revenue forecast
Southwest Airlines Co (NYSE:LUV) stock fell more than 3% after the airline cut its second quarter revenue forecast and projected higher expenses. It now expects revenue per available seat mile, how...
Southwest Airlines cuts revenue forecast
Southwest cut its second-quarter revenue forecast, citing changing booking patterns. The airline also said its unit expenses, excluding fuel, would be up as much as 7.5% over the year earlier period.
A Southwest flight dropped to just 525 feet above an Oklahoma town, prompting an altitude warning and FAA investigation
A Southwest Airlines flight dropped to just 525 feet above the ground on Wednesday. The incident prompted an altitude warning and an FAA investigation.
Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
An activist investor has bought a big stake in Southwest Airlines and is asking for major changes. Elliott Management wants a new CEO and a total review of Southwest's business model.
Can Southwest Airlines Find Its Way Again?
Southwest Airlines LUV 1.39%increase; green up pointing triangle is flying through an identity crisis. Expect turbulence.
Southwest Airlines CEO says no plans to step down despite pressure from activist Elliott
Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management.
Can Southwest Airlines Stock Truly Rally 77% on Activist Plans?
After a long year and a half of trading within a tight $27 to $35 channel roughly, shares of Southwest Airlines Co. NYSE: LUV have finally run into the catalyst investors were looking for to bring ...
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