American Airlines shares edged up after initially falling in premarket trading, following the company's Q2 revenue forecast in line with estimates and an adjusted EPS outlook ranging from a small loss to a small profit. However, the airline lowered its full-year 2026 adjusted EPS guidance to a 40-cent loss, down from prior positive expectations. Analysts maintain a Hold rating with a consensus price target near $15.83. Technical indicators show mixed signals, with the stock trading above key moving averages but facing resistance near $13.50. Investors should watch these levels for potential trend confirmation or pullback.
American Airlines CEO Robert Isom will participate in a fireside chat at Bernstein’s 42nd Annual Strategic Decisions Conference on May 27, 2026, at 9 a.m. ET. The event will be webcast live on the company’s investor relations website. This appearance...
Spirit Airlines abruptly ceased operations due to rising jet fuel prices and failed bailout efforts, leaving budget travelers stranded ahead of the summer travel surge. The airline's collapse reflects broader industry challenges, especially for budge...
Anglo American has agreed to sell its Australian coking coal business for up to $3.875 billion in cash to UK-based Dhilmar Ltd. The deal includes an upfront payment of $2.3 billion and an earnout of up to $1.575 billion linked to coal prices over fiv...
