Cart

0

Business, Stocks

“JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook”

“…JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. The carrier last month called off its merger agreement with budget carrier Spirit Airlines after a judge blocked that $3.8 billion deal… Continue Reading…

Stocks

“JetBlue shares jump after activist Carl Icahn reports stake and calls shares undervalued”

“Activist investor Carl Icahn late Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue gained 21% on Tuesday… In the past 12 months, JetBlue’s stock is down more than 27% as of… Continue Reading…

Business, Predictions, Opinions, & Comments

“JetBlue Airways’ Q3 Revenue Slumps 76%…”

“JetBlue Airways, a major American low-cost airline, reported that its revenue slumped 76% year-over-year… The passenger carrier company reported a net loss of $393 million or $1.44 in the third quarter of 2020, worst compared to a $187 million profit… Continue Reading…

Business

“Amazon isn’t the only company that paid $0 in federal taxes last year”

“Under President Trump’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxes in 2018, despite earning billions of dollars in profits. Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel were all among the companies… Continue Reading…