And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with the global simulcast. Carol Massar Tim Stenovec.They join us from the radio room as we welcome all of our audiences across all of our platforms, including our partnership with YouTube. An interesting day in the market. But Carol, I do want to start with that breaking news that we got a little while ago.Just a few minutes ago here, Warner Brothers Discove ...

About 2 minutes away from the end of the trading day. Katie Greifeld, an Eric Balchunas. And here to help take us through the closing bell, we're joined by a global simulcast.Carol Massar and Tim Stenovec Carol back from vacation, bringing together our Bloomberg Television, radio and YouTube audiences worldwide. And what a trading day we are putting behind us, the S&P 500. We're not going to close quite at session lows, Carol, but still an ugly start to this month.Yeah, kind of rough ride. And we are you kn ...

Core Viewpoint - Airline stocks experienced a significant increase, with Frontier Group rising over 16%, indicating strong market performance in the sector [1] Group 1: Stock Performance - Frontier Group saw a rise of over 16% [1] - Loyalty Travel increased by over 12% [1] - American Airlines and JetBlue Airways both rose by over 9% [1] - Alaska Airlines, Delta Air Lines, and United Airlines each increased by over 8% [1] - Southwest Airlines experienced a rise of over 4% [1] Group 2: Market Trends - In July, U.S. airfare prices increased by 4% month-over-month, marking the largest monthly increase in over three years [1]

Company Overview - Landstar System, Inc. (LSTR) is currently facing multiple headwinds, making it an unimpressive investment option [1] - The company is experiencing reduced demand for freight services and increased truck capacity, leading to low shipment volumes and rates [2] Financial Performance - Revenues are expected to remain weak, particularly in the truck transportation segment, with first-quarter 2025 truckloads projected to decline by 2-7% year-over-year [2] - Truck revenue per load is anticipated to decrease by 2% to increase by 3% year-over-year [2] Industry Challenges - The trucking industry is struggling with a persistent driver shortage, as older drivers retire and younger generations show little interest in trucking jobs [3] - LSTR's shares have dropped 18.5% over the past year, while the transportation-truck industry has seen a decline of 37.6% [3] Earnings Estimates - The Zacks Consensus Estimate for current-quarter earnings has been revised down by 18.4% in the past 90 days, with a 14.8% downward revision for the current year [6] - LSTR has a history of disappointing earnings surprises, lagging the Zacks Consensus Estimate in two of the last four quarters with an average miss of 0.65% [7] Industry Ranking - LSTR's industry has a Zacks Industry Rank of 171 out of 248 groups, placing it in the bottom 31% of Zacks industries [9] - The performance of the industry group is crucial, as studies indicate that 50% of a stock's price movement is tied to its industry performance [9]

Core Viewpoint - Golar LNG Limited (GLNG) is preparing to refinance its floating liquefaction natural gas (FLNG) vessel Gimi's debt facility through a sale leaseback agreement valued at approximately $1.2 billion with a consortium of Chinese leasing companies [1][2]. Group 1: Financing Details - The sale leaseback facility is subject to customary closing conditions, including documentation completion and third-party approvals, and is expected to be finalized by the end of the second quarter of 2025 [2]. - The facility has a tenure of 12 years and features a 17-year amortization profile, with quarterly repayment installments throughout the lease period [2]. Group 2: Financial Proceeds - Upon completion and repayment of the existing debt facility, Gimi MS Corporation is expected to generate net proceeds of nearly $530 million, which includes the release of existing interest rate swaps [3]. - Golar LNG anticipates benefiting from 70% of these proceeds, amounting to approximately $371 million [3]. Group 3: Stock Performance - Golar LNG currently holds a Zacks Rank of 3 (Hold) and has seen its shares increase by 59.7% over the past year, outperforming the transportation-shipping industry [4].