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At Close: Feb 14, 2025
JetBlue's $3.8B deal to buy Spirit Airlines blocked over anticompetitive fears
01:32pm, Tuesday, 16'th Jan 2024
The ruling marked a victory for the Biden administration in its efforts to preserve competition among the lowest cost airlines.
JetBlue's Merger With Spirit Blocked. It Would Harm Price-Sensitive Consumers, Judge Says.
01:28pm, Tuesday, 16'th Jan 2024
A federal judge blocks the merger of JetBlue and Spirit Airlines.
Judge blocks JetBlue-Spirit merger
01:14pm, Tuesday, 16'th Jan 2024
CNBC's Phil LeBeau reports on a judge's decision to block a merger between Spirit Airlines and JetBlue.
Judge blocks JetBlue-Spirit merger in a major win for Biden's Justice Department
01:04pm, Tuesday, 16'th Jan 2024
JetBlue's proposed $3.8 billion purchase of discounter Spirit would have produced the country's fifth-largest airline.
JetBlue CEO to Step Down as Airline Awaits Judge's Ruling on Spirit Airlines Merger
05:01pm, Monday, 08'th Jan 2024
‘Extraordinary challenges and pressure of this job have taken their toll,' says CEO Robin Hayes
Wall Street Waits for Key Inflation Data
12:47pm, Monday, 08'th Jan 2024
We start another new week of trading looking at a backloaded set of data: the consequential Consumer Price Index (CPI) comes out this Thursday, followed by the Producer Price Index (PPI) for Friday �
Trading Week Backloaded with CPI, PPI, Q4 Earnings
12:03pm, Monday, 08'th Jan 2024
We'll see a slow trickle of quarterly earnings reports this week until the spigot opens Friday morning with Q4 results from some of the biggest Wall Street banks.
Here's Why Investors Should Hold Spirit Airlines (SAVE) Now
12:02pm, Monday, 08'th Jan 2024
Strong air-travel demand and low debt boost Spirit Airlines (SAVE).
The JetBlue-Spirit Merger Ruling Will Shake-Up the Airline Sector. The Stocks to Watch.
12:01am, Tuesday, 02'nd Jan 2024
The ruling is expected in January and has wider implications beyond JetBlue Airways and Spirit Airlines stocks.
Updating Spirit/JetBlue Merger Probabilities As Trial Concludes
11:59pm, Tuesday, 05'th Dec 2023
The Spirit/JetBlue trial is concluding, with the judge expected to rule at some point after December 13, 2023. I see the chance of a JetBlue/Spirit victory as around 65% compared to market implied odd
Judge leans toward approving JetBlue's $3.8B deal for Spirit
02:55pm, Tuesday, 05'th Dec 2023
The judge also said he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices.
Why Is Spirit Airlines (SAVE) Stock Down 10% Today?
02:21pm, Tuesday, 05'th Dec 2023
Shares of discount carrier Spirit Airlines (NYSE: SAVE ) suffered a heavy blow in the market on Tuesday due to a courtroom drama that could disrupt its merger with JetBlue Airways (NASDAQ: JBLU ). Law
Spirit Airlines offers buyouts to salaried employees to cut costs
06:42pm, Wednesday, 29'th Nov 2023
Spirit is facing financial strain from weaker off-peak demand and Pratt & Whitney engine groundings.
Spirit Airlines: If Merger Fails, What's Next?
02:52pm, Monday, 20'th Nov 2023
Spirit Airlines' stock price has fallen to where it may be a value opportunity even without JetBlue merger. The stock trades around tangible book of ~$12 per share, versus closest competitor Frontier
Buy Spirit Airlines For The Same Reason JetBlue Is: The A321neo
02:26am, Sunday, 19'th Nov 2023
Spirit Airlines and JetBlue's proposed merger is still awaiting a final verdict from the DOJ after almost a year and a half. Spirit's value lies in its Airbus orders, which include more than 100 airpl
