Yahoo Finance Wall Street Fundamentals Releases New In-Depth Stock Reports on DAL, JBLU, LCC and LUV
U.S. markets slipped slightly Wednesday due to mixed earnings from major companies. All but one group within the S&P 500 Index fell causing the Index to post its first back-to-back decline in a month. Airline stocks rallied on strong earnings from Delta Air Lines Inc. and US Airways Group Inc. On Wednesday, the Bloomberg U.S. Airlines Index gained 1.5 percent to hit its highest level in nearly six years.
Delta Air Lines, Inc. (NYSE:DAL - News) shares traded in the range of $20.72 to $21.64 Wednesday before settling to close at $20.80, an increase of 1.71 percent. The stock appears to have some support at the $20.47, $19.36 and $19.01 levels. The company reported fuel costs in the second quarter of 2013 were $0.34 per gallon less than a year ago.
More information on Delta Air Lines and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DAL
JetBlue Airways Corporation (NASDAQ:JBLU - News) shares traded in the range of $6.57 to $6.83 Wednesday before settling to close at $6.63, a decrease of 1.34 percent. The stock appears to be facing some resistance at the $6.97 and $7.08 levels with some support at $6.60. Shares of JetBlue Airways are up approximately 16.0 percent in 2013.
More information on JetBlue Airways and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JBLU
US Airways Group Inc. (NYSE:LCC - News) shares traded in the range of $18.22 to $18.70 Wednesday before settling to close at $18.50, an increase of 2.49 percent. The stock appears to be facing some resistance at $19.38 with some support at the $18.21 and $17.69 levels. The company reported fuel costs in the second quarter of 2013 were $0.25 per gallon less than a year ago.
More information on US Airways Group and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LCC
Southwest Airlines Co. (NYSE:LUV - News) shares traded in the range of $13.75 to $14.02 Wednesday before settling to close at $13.76, a decrease of 0.94 percent. The stock appears to be facing some resistance at the $13.86 and $14.07 levels with some support at $13.51. Shares of Southwest Airlines are up approximately 34.0 percent in 2013.
More information on Southwest Airlines and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LUV
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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