American Airlines Group Inc. (NASDAQ:AAL) plans to replace jets from its regional unit Envoy Air Inc out of Miami with larger ones from a Republic Airways Inc unit, leading to about 50 job cuts at Envoy. The move follows Envoy pilots’ vote in March to reject a new labor contract including a wage freeze and increased healthcare costs. At the time, American said other regional carriers that fly under its American Eagle brand, such as Republic, would get more work from the world’s largest airline. American Airlines Group Inc. (NASDAQ:AAL) belongs to Services sector. Its net profit margin is -1.00% and weekly performance is 0.83%. On last trading day company shares ended up $36.23. American Airlines Group Inc. (NASDAQ:AAL) distance from 50-day simple moving average (SMA50) is -5.05%.
On Oct 1, announced that it has declared a monthly cash dividend on the Company’s 10.25% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”), a monthly cash dividend on the Company’s 8.0% Series D Cumulative Preferred Stock (“Series D Preferred Stock”) and a monthly cash dividend on the Company’s 8.0% Series E Cumulative Convertible Preferred Stock (“Series E Preferred Stock”). Magnum Hunter Resources Corp. (NYSE:MHR) shares increased 0.58% in last trading session and ended the day at $5.16. MHR Gross Margin is 79.60% and its return on assets is -27.80%. Magnum Hunter Resources Corp. (NYSE:MHR) quarterly performance is -34.02%.
Zacks lowered shares of Fresh Del Monte Produce (NYSE:FDP) from an outperform rating to a neutral rating in a research report released on Tuesday morning. Zacks currently has $35.90 price objective on the stock. On 03 October, Fresh Del Monte Produce Inc. (NYSE:FDP) shares increased 1.15% and was closed at $32.66. FDP EPS growth in last 5 year was -17.60%. Fresh Del Monte Produce Inc. (NYSE:FDP) year to date (YTD) performance is 16.48%.
O Sep 25, Powell Industries, Inc. (NASDAQ:POWL) slashed its fiscal year outlook on start-up issues related to its May implementation of new business systems and tools that resulted in scheduling delays and higher-than-expected costs during July and August. For the fiscal year ending Sept. 30, Powell Industries now projects per-share earnings from continuing operations of between $1.25 and $1.45 and revenue of between $630 million and $640 million, compared with its previous projection from per-share profit of $2.15-$2.40 on revenue of $650 million-$675 million. Powell Industries, Inc. (NASDAQ:POWL) ended the last trading day at $39.69. Company weekly volatility is calculated as 6.31% and price to cash ratio as 5.43. Powell Industries, Inc. (NASDAQ:POWL) showed a weekly performance of -12.85%.
The Boeing Company (NYSE:BA) said Friday that it delivered 186 commercial airplanes in the third quarter of 2014, an increase of 9.4% compared to the 170 commercial airplanes delivered in the same quarter last year. The 2014 third quarer deliveries include 120 of Boeing’s 737 Next Generation aircrafts, 31 787 dreamliners, 27 777s, 2 767a and 6 747 jumbos. The Boeing Company (NYSE:BA) belongs to Industrial Goods sector. Its net profit margin is 5.70% and weekly performance is -1.81%. On last trading day company shares ended up $126.36. The Boeing Company (NYSE:BA) distance from 50-day simple moving average (SMA50) is 0.86%.