elliott southwest news

Southwest, Elliott Investment Management

Southwest Reaches Deal With Activist Elliott, Adding 6 New Directors to Board

Southwest Airlines announced a resolution to its discussions with activist investor Elliott Investment Management and reported better-than-expected earnings.

The New York Times · 4h

Southwest Strikes a Truce With the Activist Hedge Fund Elliott

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.

New York Post · 3h

Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber

Southwest Airlines Tops Profit Estimates

Bloomberg on MSN · 6h

Southwest Air Tops Profit Estimates as Cost Cuts Take Hold

Southwest Airlines Co. reported third-quarter profit more than double Wall Street’s estimates, a needed boost as the carrier tries to shore up financial results following a bruising fight with activist Elliott Investment Management that came to an end Thursday.

Wall Street Journal · 9h

Southwest Airlines Revenue and Profit Beat Expectations

Southwest Airlines posted stronger-than-expected quarterly sales and profit, as executives said turnaround efforts are taking shape. The airline reported a record $6.87 billion in operating revenue for the September quarter,

CNBC on MSN · 9h

Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

5hon MSN

Southwest Airlines Beats on Earnings. The Fight With Activist Investor Elliott Is Over.

Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...

Southwest Airlines reaches settlement with Elliott, adds new directors to board

Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to ...

5hon MSN

Southwest CEO Jordan praises Elliott deal, gives sober nod to Q3 results

The Elliott deal is good for shareholders,” beleaguered Southwest CEO Bob Jordan said on CNBC this morning, putting a ...

Dayton Daily News3m

Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for now — a monthslong fight with Elliott Investment Management, which is ...

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