Southwest (LUV) Surges 5.4%: Is This an Indication of Further Gains?
Southwest (LUV) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Watch CNBC's full interview with Southwest CEO Bob Jordan
Southwest CEO Bob Jordan joins 'Closing Bell Overtime' and CNBC's Phil LeBeau to talk its three-year plan, battling with activist investors, recent troubles at Boeing and more.
We plan to monetize every aircraft delivery, says Southwest CEO Bob Jordan
Southwest CEO Bob Jordan joins 'Closing Bell Overtime' and CNBC's Phil LeBeau to talk its three-year plan, battling with activist investors, recent troubles at Boeing and more.
Elliott Statement on Southwest Airlines' Investor Day
WEST PALM BEACH, Fla. , Sept. 26, 2024 /PRNewswire/ -- Elliott Investment Management L.P.
An Updated Outlook and a Stock Buyback Plan Send Southwest Soaring
Shares of Southwest Airlines (LUV) jumped Thursday as it announced a $2.5 billion stock buyback program and provided a positive update to its third-quarter and full fiscal year outlook.
Southwest Airlines soars on improved guidance, share buyback plan
Southwest Airlines Co (NYSE:LUV) shares gained more than 10% after the airline raised its third quarter forecast for revenue per available seat mile and announced a $2.5 billion share repurchase pr...
Southwest raises summer revenue forecast
Southwest Airlines raised its third-quarter revenue forecast on Thursday and detailed a host of changes to its business model. The carrier also said it would add Robert Fornaro, who previously led ...
Southwest Airlines to outline strategy to fix its profitability problem
Southwest Airlines will lay out a strategy on Thursday to turn around its business and restore profit margins to pre-pandemic levels as the U.S. carrier faces pressure from an activist investor to ...
Southwest Informs Employees of Cuts To Atlanta Operations
Southwest Airlines (LUV) is set to hold its annual investor day Thursday, and sent a memo to employees notifying them of at least one planned change that could be announced during the event: a redu...
Southwest Airlines to cut service and staffing in Atlanta to slash costs
Southwest Airlines is planning to reduce service to and from Atlanta next year. The carrier will cut more than 300 pilot and flight attendant positions, according to a memo seen by CNBC.
Southwest Air's lackluster profit fuels pressure to revamp business model
Southwest Airlines , the pioneering low-cost carrier, is facing a campaign by an activist investor to overhaul a business model it says is outdated, putting pressure on CEO Robert Jordan and leavin...
SOUTHWEST AIRLINES RESPONDS TO ELLIOTT MANAGEMENT'S SHAREHOLDER LETTER AND PROVIDES UPDATE ON ENGAGEMENT
DALLAS , Sept. 24, 2024 /PRNewswire/ -- – Southwest Airlines Co. (NYSE: LUV) (the "Company") today issued a response to Elliott Investment Management L.P.
Elliott to call for Southwest special meeting 'as soon as next week'
Activist investor Elliott Management said Tuesday it will call a special meeting at Southwest Airlines "as soon as next week." Southwest's shareholder meeting is typically scheduled for May, but by...
Southwest Airlines warns of ‘difficult decisions' to boost profitability amid competition
Southwest Airlines is bracing for significant operational changes as it responds to mounting pressure from activist investor Elliott Management. In a recent communication, the airline warned its wo...
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Blo...
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