Copa Holdings SA
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A few airlines could see their stock price double in the next few years, Wolfe Research's Hunter Keay says.
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A few airlines could see their stock price double in the next few years, Wolfe Research's Hunter Keay says.
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LOS ANGELES-- Shares of Copa Holdings SA, the parent company of Panama's national airline, jumped Tuesday after a Deutsche Bank analyst upgraded the company to "Buy," citing strong first-quarter results and an improved outlook for this year. THE BACKGROUND: Copa Holdings provides air transport for passengers and cargo.
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NEW YORK-- A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. ITT Educational Services Inc. rose 13.7 percent to $24.24. Zale Corp. rose 12.2 percent to $5.69.
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For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on RCH/ EUROPE Reuters 3000 Xtra users, double-click RCH/ EUROPE Reuters Station users, click. 1580.
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*Bernstein raises price target to $121 from $118; rating market perform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*RBC raises target price to $123 from $114; rating sector perform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568 For a summary of rating and price target changes on Canadian companies: Reuters Eikon users, click on RCH/CA Reuters 3000 Xtra users, double-click RCH/CA Reuters Station users, click. 4899.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.
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Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.
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Stocks were poised for a higher open on Thursday, as investors dealt with a raft of earnings, including those of 3 M Co and ExxonMobil, with added support from a drop in initial jobless claims. **EXXON MOBIL CORP, Wednesday close $89.43. ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices.
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*Canaccord Genuity raises price target to $104 from $102; rating sell. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.
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**COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge. Net income rose to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.