Latest news with #UnitedAirlinesHoldingsInc
Bloomberg
a day ago
- Business
- Bloomberg
Delta, United Suspend Flights to Tel Aviv After Iran Bombing
Delta Air Lines Inc. and United Airlines Holdings Inc. suspended flights to Tel Aviv following Israel's bombing of Iran and the closure of Israel's airspace. Delta has stopped flights through Aug. 31 from New York's John F. Kennedy International Airport, and will continue monitoring 'the evolving security environment in the area,' the Atlanta-based carrier said in a statement on Friday.
Yahoo
22-05-2025
- Business
- Yahoo
United Airlines Holdings Inc (NASDAQ:UAL): Jim Cramer Wonders If It's A Gold Mine
We recently published a list of Jim Cramer Reveals 'Quiet' Stock That Goes Up In This List Of 12 Stocks. In this article, we are going to take a look at where United Airlines Holdings Inc (NASDAQ:UAL) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on the recent downgrade of US credit. In a surprising development that led markets to end flat during the day, ratings agency Moody's downgraded America's perfect credit rating from the highest rating of AAA to AA+. Mentioning the development, Cramer said: "No we gotta go back to when there was a surprise. Of course when we saw S&P downgrade our. . .debt Triple A to AA+. And that was, you know we got hit pretty badly, down 6.6% in August 5th of 2011. But then we had, we had Fitch downgrade us. And that was not that bad. That was a down 1.38, when. . .And David, what's happening, that didn't happen then, was that is an alternative, the money keeps going to these European stocks. And it's rather amazing because when you look at dollar denominated, you. . .Germany and Spain up 30%!" The CNBC host also linked the lack of faith in US debt with younger generations relying on Bitcoin. He outlined: "Well, I think that Bitcoin is where, I was doing a bottle signing for my wife. . . .younger people, they don't wanna talk about stocks. They just talk about how, what a mess this debt is. So we're buying crypto. And one of them said really interesting, which was like, the President is no longer as focused on the market. President's focused on Bitcoin. Now, I think that there have been a series of articles about the President and Bitcoin. Not that complementary. But, it does point out to the fact that he sees more than. . ." To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on May 19th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders In Q4 2024: 86 United Airlines Holdings Inc (NASDAQ:UAL) is another frequent feature of Cramer's morning show. The firm's shares have lost 20.4% year-to-date as part of souring investor sentiment about what Cramer has described as the end of a travel bull market. His recent comments about United Airlines Holdings Inc (NASDAQ:UAL) praised the firm's operational strategies of trimming excess capacity and eliminating bad routes. Here are his latest thoughts: "[On airlines price target upgrades] Did you see that price target of United? Overall, UAL ranks 3rd on our list of stocks that Jim Cramer recently discussed. While we acknowledge the potential of UAL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UAL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
UBS Upgrades United Airlines (UAL) to Buy on Tariff Relief, Hikes PT
On Monday UBS upgraded United Airlines Holdings Inc. (NASDAQ:UAL) from Neutral to Buy, while increasing its price target from $67 to $105. This upgrade is based on the recent 90-day tariff agreement with China and a framework established with the UK, which have together led UBS to shift its economic outlook from an anticipated downturn to a scenario of stability and slow growth. A bird's eye view of a large commercial jetliner taking off from an airport runway. UBS analysts expressed increased confidence in the resilience of international and premium revenue streams due to a more stable economic backdrop and the recent recovery in the US equity market. This was previously a cyclical concern for United Airlines. The firm now anticipates that the pressure on total revenue per available seat mile/TRASM will ease and projects a 3% growth in TRASM by 2026. In Q1 2025, United Airlines achieved a record $13.2 billion in revenue, which was a 5.4% year-over-year increase, with a 0.5% rise in TRASM. Loyalty revenue also grew by 9% to $1.5 billion. United Airlines Holdings Inc. (NASDAQ:UAL) provides air transportation services in the US, Canada, the Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. While we acknowledge the potential of UAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UAL that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business of Fashion
24-04-2025
- Business
- Business of Fashion
P&G Lowers Sales Guidance on ‘Volatile' Market Conditions
Procter & Gamble Co. cut its annual sales and profit outlook, citing tariffs and volatility in consumer demand. The maker of Tide detergent expects organic sales growth this year of approximately 2 percent versus the prior year, the company said Thursday in a statement. That's lower than what the company forecast in January when it said it was expecting that figure to increase between 3 percent and 5 percent. Sales in the most recent quarter were $19.8 billion. The overall volume of organic sales was flat during the three months that ended on March 31. Beauty and grooming products increased slightly, while the volume of baby and feminine care products fell. Prices rose by 1 percent, driven by beauty and grooming. 'We delivered modest organic sales and EPS growth this quarter in a challenging and volatile consumer and geopolitical environment,' chief executive officer Jon Moeller said in the statement. 'We're making appropriate adjustments to our near-term outlook to reflect underlying market conditions.' P&G said it expects earnings per share in the current fiscal year, which ends in June, to be in the range of $6.72 to $6.82 per share versus $6.59 in the prior year. That's below the company's January outlook. Shares in the company dropped 2 percent in premarket trading in New York. P&G's stock is down 1 percent so far this year, compared to a 9 percent drop in the S&P 500. P&G started the year strong, reporting in January its first quarterly sales beat in more than a year. That revenue increase came mostly from higher volume rather than price hikes, which had fueled much of the previous year's growth. But in February, chief financial officer Andre Schulten said its shipments to retailers had slowed and warned there was a risk the company could miss its profit guidance. He also called out slower consumption in Asia and Africa as well as in the Middle East, which he attributed to 'anti-Western sentiment' in that region. Major US companies have taken different tacks to navigate the difficulty of offering investors guidance on their sales and profit while the outlook on trade and the economy keeps shifting. United Airlines Holdings Inc. took the unusual step of issuing two profit forecasts — one if the current environment remains stable and another one if the US economy enters a recession. Delta Air Lines Inc. withdrew its annual financial guidance. Even before the tariffs implemented during the first Trump administration, P&G reworked its supply chains to manufacture more of its products in the countries where those items are sold. The company domestically manufactures 90 percent of what it sells in the US and imports the remaining 10 percent. That's reduced the company's exposure to the latest rounds of tariffs. But it still has some exposure to the high tariffs on imports from China. Of the goods that P&G imports into the US, less than 15 percent of them are sourced from China, which includes mainly raw materials, packaging and some finished products. By Jeannette Neumann Learn more: P&G Posts Surprise Sales Drop as Demand Slows Despite Price Controls Attempts to raise prices more slowly have not been enough to win back price-conscious customers for not just P&G, but also for its CPG giant rivals Nestle and Unilever.
Yahoo
17-04-2025
- Business
- Yahoo
United CEO on Offering Two Earnings Forecasts, Recession Risk
United Airlines Holdings Inc. CEO Scott Kirby says the company offered two possible earnings forecasts because there is more "macroeconomic uncertainty" for investors to deal with. Kirby also talks about recession risk in the US, making travel more comfortable and how President Donald Trump's trade war is impacting the industry. He speaks on "Bloomberg Surveillance." Sign in to access your portfolio
