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Nike (NKE) Stock Price Target Raised at Jefferies
2015-07-28 16:15:20| Apparel - Topix.net
Analysts believe the passage of the Trans-Pacific Partnership , a proposed free trade agreement between the U.S. and 11 other countries, is likely. If the agreement gets ratified, tariffs on Vietnam imports would be eliminated, which could boost Nike's margins, according to the analyst note.
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United Airlines' pilots up in arms over management's stock buyback plan
2015-07-28 12:05:43| Airlines - Topix.net
In the wake of last week's announcement that United Airlines would launch a $3 billion stock repurchase effort, United pilots are seriously questioning the wisdom of that move by management of the Chicago-based airline. In a strongly-worded memo sent late last week to his fellow 12,500-plus unionized United pilots, Jay Heppner , a United captain and chairman of the United chapter of the Air Line Pilots Association , wrote that "buying back shares of a company's stock signals to investors that executive management cannot think of anything better to do with its excess cash."
Republic stock plunges on possible disruptions
2015-07-28 02:34:47| Airlines - Topix.net
Dallas a Republic Airways warned that its operation of regional flights for the nation's biggest airlines could be disrupted by a pilot shortage and labor standoff. Republic disclosed late Friday that it had cut flying by 4 percent in early summer and was talking with American, United, Delta and US Airways about reducing its flying more through the first half of next year.
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Southwest Airlines (LUV) Stock Rises as Oil Prices Decline
2015-07-27 23:29:22| Airlines - Topix.net
Falling crude prices translates to lower jet fuel costs for the airline industry. Last week, Southwest reported a record profit for the 2015 second quarter that increased 31% over the year ago quarter.
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Exxon Mobil (XOM) Stock Declines as Oil Prices Fall
2015-07-27 21:49:18| Chemicals - Topix.net
Oil prices fell to a four month low today after the Chinese stock market experienced steep declines, spreading concern about the state of the global economy. Chinese stocks had their worst day of trading since 2007, falling more than 8% on Monday, as the country's efforts to prop up its struggling economy faltered, according to Reuters .
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