United Continental Holdings Inc said on Friday it has scored labor deals with its flight attendants and its mechanics, whose relations with the airline were strained in recent years as the parties struggled to conclude contract talks. Read more here
What the Cancellations cost
A little over two weeks after Southwest Airlines had their flight system woes, Delta had their own. A technology mishap at Southwest Airlines (LUV +0.6%) that led to the cancellation of over 2K flights last month will cost the company between $54M and $82M, according to a rough estimate from The Dallas Morning News. Read
Tax Free? Does it Really Exist?
Most People Confuse Tax Deferred (will be taxed at some point) with Tax Free (will never be taxed) When most investors hear “tax free income”, they immediately think about investing in municipal bonds which are free from federal income taxation. There are many financial calculators for the tax free equivalent yield when investing in municipal
June 2016 Year-to-Date and Monthly Recap
Knocked Down but Not Out Markets have been treated like a punching bag over the first half of the year, taking blow after blow from a host of issues. The utter collapse in commodity prices wreaked havoc across world markets that struggled to adjust to the rapid change. The surging U.S. dollar hurt large U.S.
5 Things FedEx Corporation Management Wants You to Know
Last week, FedEx (NYSE:FDX) reported solid earnings for the final quarter of its 2016 fiscal year. Following the earnings report, FedEx's executive team spent an hour answering questions from the analyst community. Here are five highlights related to FedEx's long-term prospects, its recently completed acquisition of TNT Express, and the company's plans for the coming
May 2016 Recap
“Things done well and with a care, exempt themselves from fear.” Henry VIII, Act 1, Scene 2. There are a lot of things to fear in the world today. The news headlines alone can churn your stomach: terrorist attacks by groups like ISIS can occur anywhere, provocative missile testings by aggressive nations like Iran and
Tax Free? Does it Really Exist?
Most People Confuse Tax Deferred (will be taxed at some point) with Tax Free (will never be taxed) When most investors hear “tax free income”, they immediately think about investing in municipal bonds which are free from federal income taxation. There are many financial calculators for the tax free equivalent yield when investing in municipal
April 2016 Recap
Acrophobia You can tack “-phobia” onto almost anything in order to create a label for a fear. Some of the most common fears include: arachnophobia (fear of spiders), ophidiophobia (fear of snakes), and acrophobia (fear of heights). The study of phobias is an interesting field, and the most common fears seem to stem from the
Buy or Lease that next car?
The old clunker sitting in the driveway is on its last leg, and you are trying to decide what’s next. You always see those commercials with the nice shiny brand new cars and the payments advertised seem reasonable until you realize most of them are for a lease. So, you are wondering if it makes
July 2016 Recap
Data or Demand? In case you haven’t noticed it yet, there’s a serious election going on right now. Votes are being cast day after day, and the message seems pretty clear: buying American stocks, bonds, and real estate is how investors are voting with their money. We very well could be looking at the fifth