AAL / American Airlines: Flat Returns Expected Due To Past Poor Capital Allocation

The Dow Jones Transportation Average DJT, +1.78% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stoc more_horizontal

The verdict against Twin Hill and its ex-parent company, Tailored Brands, was announced by a jury in Alameda County Superior Court near San Francisco. more_horizontal

While the jury's still out whether the economy and the market is headed for a soft or hard landing, as interest rates remain high, that doesn't mean y more_horizontal

The airline industry continues to heal from the Covid-19 pandemic. With aircraft sitting empty and idle on tarmacs around the world, the global aviati more_horizontal

Despite multiple macroeconomic issues in the past year, the market looks to finally be turning back up as 2024 nears. In 2022 and 2023, unexpected dow more_horizontal

Most of the airlines companies this earnings reporting season beat on both lines while some underperformed. more_horizontal

Investors seem to be sliding down the wall of worry faster than they made a difficult climb. That usually means that investors will flee growth stocks more_horizontal

Thanks to Microsoft's (NASDAQ: MSFT ) $69 billion acquisition of Activision Blizzard on Oct. 14, Lululemon (NASDAQ: LULU ) was chosen to replace it as more_horizontal