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Southwest settles proxy fight with hedge fund
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial performance.
Southwest Airlines reports surprise Q3 profit on improved pricing
Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July.
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. 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 pressuring the airline to boost profits and the stock price.
Southwest settles proxy fight, reports smaller profit
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 Inv
Southwest settles proxy fight with hedge fund and reports smaller third-quarter profit
Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by Elliott Investment Management.
Q3 Earnings Snapshot
Southwest Airlines (LUV) Q3 2024 Earnings Call Transcript
Operator Hello, everyone, and welcome to the Southwest Airlines third-quarter 2024 conference call. I'm Gary, and I'll be moderating today's call, which is being recorded. A replay will be available on southwest.
Southwest: Q3 Earnings Snapshot
DALLAS — DALLAS —
Southwest
Airlines Co. (LUV) on Thursday reported third-quarter earnings of $67 million. On a per-share basis, the Dallas-based company said it had net income of 11 cents. Earnings, adjusted for non-recurring costs, were 15 cents per ...
Heritage Commerce: Q3 Earnings Snapshot
The holding company for Heritage Bank of Commerce posted revenue of $63.7 million in the period. Its revenue net of interest expense was $42.2 million, which fell short of Street
17h
Southwest Airlines Revenue Rises but Q3 Profit Falls by Two-Thirds on Higher Costs
Southwest Airlines is reporting that third-quarter profit fell nearly two-thirds from a year ago despite an increase in ...
5h
on MSN
American, Southwest Airlines on turbulent financial ride, struggling to adapt to evolving industry
While United and Delta each posted almost $1 billion dollar gains for Q3, American posted a net loss of nearly $149 million ...
12h
Southwest reports Q3 EPS 15c, consensus 0c
Reports Q3 revenue $6.9B, consensus $6.73B. Bob Jordan, president, CEO and vice chairman of the board of directors, stated, “It’s ...
TravelPulse on MSN
14h
Southwest Reconstitutes Board in Deal With Elliott Management Following Profitable Q3
Southwest Airlines reported a profitable third quarter and restructured its board in a deal with Elliott Management, ...
Skift
5h
Southwest Sees Strong Holiday Bookings, Says It’s Prepared for Uncertainty With Boeing
Southwest’s third-quarter earnings beat Wall Street estimates, a bright spot for the carrier that has been fending off an ...
Travel Weekly
5h
Southwest's new vacation packager will lean heavily on direct sales
Getaways by Southwest, Southwest Airlines' new vacation-package brand, will have limited engagement with travel advisors. When the brand launches in mid-2025, Southwest will tilt the lion's share of ...
10h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
7h
Southwest Airlines Co. (LUV) Q3 2024 Earnings Call Transcript
Q3 2024 Results Conference Call October 24, 2024 12:30 PM ETCompany ParticipantsJulia Landrum - VP, IRBob Jordan ...
17h
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board ...
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