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Search resuls for: "JetBlue Airways Airbus"


2 mentions found


JPMorgan Chase — The Wall Street heavyweight added 1.2% in premarket trading after an upgrade from Jefferies to buy from hold on Tuesday. U.S. Bancorp — Shares of the Minnesota-based bank gained 2.2% following an upgrade to buy from neutral by Bank of America. 3M — Shares rose nearly 2% in premarket trading following an upgrade to neutral from underperform by Bank of America. Shares of Zions fell 1.5% in premarket trading, while Truist's were down 1%. The biotech company on Monday said the pricing of its underwritten public offering, of 20 million shares of common stock, would be at $7.50 per share.
Persons: New York John F, Piper Sandler, Thomas Champion, JPMorgan Chase, Ebrahim Poonawala, Wells Fargo, Jefferies, Truist's, Iovance Biotherapeutics, , Jesse Pound, Alex Harring, Samantha Subin, Brian Evans, Sarah Min, Michael Bloom Organizations: JetBlue Airways Airbus, New York, Kennedy International Airport, JetBlue Airways — JetBlue Airways, JPMorgan, Wall, Jefferies, U.S . Bancorp, Bank of America, Bancorp, Amazon Web Services, Prime, Zions Bancorp Locations: New, USA, U.S, Minnesota, underperform
The Justice Department on Tuesday sued to block JetBlue Airways ' $3.8 billion proposed takeover of budget carrier Spirit Airlines , the Biden administration's latest attempt to prevent industry consolidation. Spirit Airlines agreed to sell itself to JetBlue last summer after a long battle for the carrier between JetBlue and Frontier Airlines . A JetBlue-Spirit combination would be the first major U.S. airline merger since Alaska Airlines' takeover of Virgin America in 2016. The Justice Department at the time required Alaska to scale back its code share with American Airlines to clear the deal. Separately, JetBlue is awaiting a ruling on its Northeast partnership with American Airlines, which the Justice Department sued to undo in 2021.
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