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Zacks Analyst Blog Highlights: Harley-Davidson, US Airways, United Airlines, Southwest Airlines and American Airlines – Press Releases

Zacks Market Commentaries (October 16th, 2009) Writes:

For Immediate Release

Chicago, IL – October 16, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Harley-Davidson (HOG), US Airways (LCC), United Airlines (UAUA), Southwest Airlines (LUV) and American Airlines (AMR).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

Harley Fails to Meet Estimates

Harley-Davidson (HOG) disappointed in its third quarter results, posting a net income of $26.5 million or 11 cents per share compared to the Zacks Consensus Estimate of 22 cents per share. Compared to the year-ago quarter, net income tumbled 84% from $166.5 million

...

FAA Indicts US Airways – Analyst Blog

Zacks Market Commentaries (October 15th, 2009) Writes:
The Federal Aviation Administration (FAA) on Wednesday accused US Airways (LCC) for operating eight airplanes last year without conducting the mandatory safety checks. The FAA has proposed a penalty of $5.4 million against US Airways. FAA documents allege that US Airways sanctioned 1,647 flights in violation of mandatory safety checks. The flights were operated from Oct. 2008 to Jan. 2009 and were out of compliance of flouted airworthiness directives (ADs) and its maintenance program. After being charged, the management said that the specific regulations were broken when it was integrating new maintenance systems following its merger with America West and has since worked with the FAA to fix the problems. The air carrier has been allowed a grace period of 30 days to justify itself. Though the management is trying to work out a resolution with the FAA, it is quite unusual for the fines ...

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