Breaking News: LUV – Market Insights, Analysis & Latest Updates

Southwest's turnaround strategy lifts shares, activist investor Elliott shrugs

Southwest Airlines announced new initiatives to boost profits, including partnerships and a share buyback. However, activist investor Elliott Management remains skeptical, demanding leadership changes.

investing.com • 26/09/2024 - 04:09 AM

Stock Market Today: S&P 500 clinches record closing high on Micron-led rally

The S&P 500 set a new closing record, led by Micron's strong earnings, while economic data and Chinese tech stocks also showed positive trends.

investing.com • 25/09/2024 - 23:54 PM

LUV

Southwest Air's lackluster profit fuels pressure to revamp business model

Southwest Airlines faces pressure to modernize from an activist investor. Proposed changes include assigned seating, but analysts question if they're enough to restore profitability.

investing.com • 25/09/2024 - 10:02 AM

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LUV

Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports

Southwest Airlines warns employees of tough decisions ahead to restore profits amid pressure from activist investors, considering route changes and premium services.

investing.com • 21/09/2024 - 23:51 PM

US probes top airlines' frequent flyer programs for unfair practices

The U.S. Transportation Department is investigating major airlines' rewards programs for deceptive practices, seeking to protect consumers and enhance competition in the airline industry.

investing.com • 05/09/2024 - 18:04 PM

Former Moelis, Barclays activism defense bankers to build business at Jasper Street

Two Wall Street bankers join Jasper Street Partners to help clients defend against activist investors, focusing on vulnerabilities and managing public pressure campaigns amid rising demand.

investing.com • 03/09/2024 - 12:27 PM

LUV

Elliott crosses 10% threshold in Southwest shares

Elliott Investment Management has acquired 10% of Southwest Airlines, proposing board changes and CEO removal, amid declining stock value and potential special meetings with shareholders.

investing.com • 02/09/2024 - 23:33 PM

LUV

Exclusive-Elliott now owns enough of Southwest Airlines to call special meeting

Elliott Investment Management acquires 10% of Southwest Airlines, seeking leadership changes amidst significant stock value decline, with plans for a special meeting if demands are unmet.

investing.com • 02/09/2024 - 23:07 PM

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