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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...

Southwest Airlines (NYSE: LUV) stock price is facing strong turbulence as concerns about its exposure to Boeing escalate. It plunged by more than 14% on Tuesday, reaching its lowest point since January 17th. It has dropped by more than 17% from its highest point this month.Boeing exposure risksCopy link to sectionSouthwest Airlines, one of the biggest American airline companies in the world, is in trouble as Boeing moves from one crisis to another. The company has experienced a series of mishaps in the past ...

J.P. Morgan Industrials Conference Bob Jordan, President & CEO 2023 | Year of progress We made significant progress in 2023 and ended the year a stronger Company 2023 Focus areas Top 2023 achievements 1. Completed Winter Operations Preparedness Plan 2. New Customer Experience capabilities 3. ...