While technology stocks continue to drive the market higher, they are not the only game in town. Investors needn’t invest only in semiconductor stocks to achieve big gains. Many blue-chip stocks are rallying right now following the release of their financial results for the fourth and final quarter of 2023.The names of a lot of these worthwhile stocks will be familiar to investors. And for good reason. They tend to be dominant companies and brands that provide goods and services many of us find essential in ...

As we progress through the Q4 earnings season investors may still be digesting the quarterly results from several airliners last week including the likes of United Airlines (UAL)  and American Airlines (AAL) .Their size and reach to international destinations tend to garnish investors' attention over regional carriers such as Southwest Airlines (LUV)  and Alaska Air Group (ALK)  which both reported Q4 results last week as well.  Like their regional counterparts, American and United were able to surpass thei ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTwo American Airlines flyers have sued the air carrier, accusing it of stealing more than 1 million in collective reward miles from them after they opened up multiple credit cards that offered sig ...

Major carrier American Airlines (NASDAQ:AAL) found itself under the spotlight following its job cut announcement. Seeking to reorganize and improve its customer service team, management announced that it would eliminate 8.2% of its 8,000 customer service-related positions. However, these American Airlines layoffs run counter to growing positive economic data, raising a curious picture of contrast.Nominally, the cuts come out to a total of 656 employees, per a USA Today report. Citing a Bloomberg report, the ...

American Airlines plans to lay off 656 employees in its customer support department as it consolidates into one team.  In total, 335 employees in Phoenix and another 321 in Dallas-Fort Worth who are part of the company's AAdvantage Customer Service, Customer Relations and Central Baggage Resolution groups will be laid off, the Texas-based carrier told FOX Business.Those groups fall under American's Service Recovery Team, which is dedicated to helping resolve customer issues after travel has occurred, such a ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Bruce Bennett American Airlines (NASDAQ:AAL) is one of the airline stocks that I have a hold rating on. I quite like where the company is heading focusing its business operations and improving its balance sheet. At the same time, however, it does seem that while the standard message that management has that they are tracking well on their targets and the AAdvantage member program is bringing in a bigger share of the revenues, the margins that American Airlines produces continue to trail that of United Airli ...

Earnings for the fourth and final quarter of 2023 continue to roll in. And, as is often the case, the results are a mixed bag. While many companies, such as Tesla (NASDAQ:TSLA), are posting big misses, other companies are surprising to the upside, sending their share prices higher as a result. In recent days, several notable companies have announced much stronger-than-expected financial results. This causes investors to take notice and sends analysts scrambling to revise their stock ratings and price target ...

Airline stocks are having a day today, even as Boeing (BA) 737 MAX drama spirals out of control. American Airlines Group Inc (NASDAQ:AAL), Delta Air Lines, Inc. (NYSE:DAL), and United Airlines Holdings Inc (NASDAQ:UAL) are all varying degrees higher today, shaking off the 737 nonsense and enjoying a post-earnings halo lift from one of their own. The sector tailwinds are all because of AAL, last seen up 10.5% to trade at $15.39. The company's fourth-quarter earnings surpassed estimates, while the 2024 profit ...

American Airlines Group (AAL 10.41%) easily surpassed earnings expectations for the fourth quarter and provided upbeat guidance about 2024. Investors are jumping on board, sending shares of American up nearly 11% as of 1 p.m. ET Thursday.Packed planes and strong profits in the fourth quarterU.S. travelers have been packing airlines and airports since the end of the pandemic, and American saw no sign of a slowdown in the last three months of 2023. American earned $0.29 per share in the fourth quarter on reve ...