Is The Hyperloop Behind The Intra-day Airline Stock Plunge?
This morning, the leading airline stocks are trading slightly higher at the start of trading session. The airline stocks have showed good relative strength since December 2012 when this sector broke out on the charts. At this time, the airline stocks look to be range bound. Should this industry group begin to consolidate further on the daily charts they could be building a base to trade higher. Traders that want to track the entire sector can follow the Guggenheim Airline ETF (NYSEARCA:FAA). Currently, the FAA is trading into a double top on the weekly charts, so without consolidation on the charts the airline stocks will likely be range bound in the near term. ...
Strange Volume of US Airways Group, Inc - NYSE:LCC
US Airways Group, Inc (NYSE:LCC) is a holding company whose business activity is the operation of network air carrier through its wholly owned subsidiaries US Airways, Inc. (US Airways), Piedmont Airlines, Inc. (Piedmont), PSA Airlines, Inc. (PSA), Material Services Company, Inc. (MSC) and Airways Assurance Limited (AAL).
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Provident Energy Ltd. (NYSE:PVX) announced that Doug Haughey, President and Chief Executive Officer, will be presenting at the BMO Capital Markets North American Pipelines and Utilities Conference in Toronto, Ontario on Wednesday, June 22, 2011 at 3:00p.m. Eastern Time. A link to the webcast will be available on Provident's website at www.providentenergy.com.
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Willbros Group, Inc. (NYSE:WG) announced that at its 2011 Annual Meeting of Stockholders, held on May 23, 2011, stockholders re-elected William B. Berry and Arlo B. DeKraai and elected Daniel E. Lonergan as Class III directors to its Board. Willbros also appointed Michael C. Lebens to its Board as a Class I director.