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SOUTHWEST AIRLINES ANNOUNCES BOARD OF DIRECTORS NOMINEES
Prnewswire· 2024-04-05 15:00
DALLAS, April 5, 2024 /PRNewswire/ -- As disclosed in the Company's Proxy Statement released today, the Southwest Airlines Co. (NYSE: LUV) (the "Company") Board of Directors nominated 14 candidates to stand for election at the Company's Annual Meeting of Shareholders on May 15, 2024. As previously announced, the Board is excited to nominate Lisa Atherton to join the Board as a new Director. Directors Ron Ricks and John Montford will not stand for reelection.  "On behalf of the Board, I want to thank Ron and ...
Southwest Airlines (LUV) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-03-22 23:06
In the latest trading session, Southwest Airlines (LUV) closed at $28.45, marking a -0.8% move from the previous day. This change lagged the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq appreciated by 0.17%.Prior to today's trading, shares of the airline had lost 16.24% over the past month. This has lagged the Transportation sector's gain of 2.91% and the S&P 500's gain of 5.34% in that time.The upcoming earnings release of Southwest Airlines will b ...
SOUTHWEST AIRLINES RAMP, OPERATIONS, PROVISIONING, AND CARGO AGENTS APPROVE A FIVE-YEAR CONTRACT
Prnewswire· 2024-03-21 18:44
DALLAS, March 21, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced a ratified collective bargaining agreement for nearly 18,000 Southwest Airlines® Ramp, Operations, Provisioning, and Cargo Agents. The contract covers the second-highest number of Employees, represented by the Transport Workers Union Local 555 (TWU 555), of the airline's 12 labor agreements.   "Our Ramp, Operations, Provisioning, and Cargo Agents provide exceptional Customer Service and are essential to the Southwest e ...
SOUTHWEST AIRLINES REACHES TENTATIVE AGREEMENT WITH FLIGHT ATTENDANTS' UNION
Prnewswire· 2024-03-20 12:00
DALLAS, March 20, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced a Tentative Agreement with the Transport Workers Union Local 556 (TWU 556) for a new labor contract covering the Company's nearly 20,000 Southwest Airlines® Flight Attendants. "Southwest's Flight Attendants support the Safety and comfort of our Customers while providing legendary Southwest Hospitality," said Adam Carlisle, Vice President Labor Relations at Southwest Airlines. "I am glad they will have the opportunity t ...
Time to Unload: 3 Overextended and Overvalued Stocks to Dump This Week
InvestorPlace· 2024-03-17 20:42
After the market rallied to a new record high last week, there is plenty of talk about which overvalued stocks may be in danger zone. The S&P 500 nearly doubles its median price-to-earnings (P/E) ratio of 15, currently at a P/E of 28 times.With artificial intelligence (AI) driving markets, there is speculation about whether there is a bubble. If so, when will it burst? In such an environment, it’s prudent to determine which stocks have become overvalued and overextended. These may be poised for a reversal o ...
SOUTHWEST AIRLINES ANNOUNCES EXECUTIVE LEADERSHIP CHANGES
Prnewswire· 2024-03-15 20:30
DALLAS, March 15, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced recent Leadership updates across the Company. These changes are effective immediately and represent a continuation of the organizational structure work at Southwest Airlines® that began in September 2022 and has continued into 2024. Technology Carrie Mills has been promoted from Vice President Technology, Cybersecurity to Vice President & Chief Information Security Officer—Cybersecurity. As Chief Information Security ...
Why Shares in Southwest Airlines Declined This Week
The Motley Fool· 2024-03-15 18:00
Shares in Southwest Airlines (LUV -0.12%) declined by 18.1% this week through early Friday morning trading. The setback occurred after Southwest management gave a disappointing update at the JPMorgan Industrials Conference.Southwest disappoints the marketThe bad news is arguably as much about Boeing (BA 1.13%) as it is about Southwest. Unfortunately, the quality control issues at the former are causing airplane delivery delays. Southwest now expects to receive just 46 deliveries of the Boeing 737-8 airplane ...
Southwest Stock Signals the Mother of all Entry Opportunities
MarketBeat· 2024-03-14 16:07
Key PointsShares have been selling off hard since Monday’s update.However, there are signs that the selloff is overdone and shares are due a bounce. One team of analysts is calling for a 40% upside from current levels. 5 stocks we like better than Southwest AirlinesFor a stock that has led its peers for so long, Southwest Airlines Company NYSE: LUV has been having a tough time recently. While it was able to catch some of those gains that have been sweeping across equities since November, this week’s 20% dro ...
Why Southwest Airlines (LUV) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-03-13 23:06
In the latest trading session, Southwest Airlines (LUV) closed at $28.28, marking a -1.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.Shares of the airline witnessed a loss of 11.59% over the previous month, trailing the performance of the Transportation sector with its gain of 2.1% and the S&P 500's gain of 3.18%.Analysts and investors alike will be ...
Southwest (LUV) Falls 14.8% in Tuesday's Trading: Here's Why
Zacks Investment Research· 2024-03-13 17:56
Shares of Southwest Airlines Co. (LUV) plunged 14.8% on Mar 12, closing the trading session at $28.76. The downside was owing to the unfavorable fuel price guidance provided by Southwest for the first quarter and its plans to reduce 2024 capacity due to production delays at Boeing (BA) .Notably, LUV has raised its first-quarter 2024 economic fuel costs per gallon guidance to the range of $2.95-$3 (prior view: $2.70 to $2.80).High fuel costs due to an escalation in oil price are a bane and are likely to hurt ...