- UK Recruiters Report Record Fall in Jobs
- European Stock Index Futures Give up Earlier Gains
- Chinese Officials Vow Help in Face of Slowing Growth
- Five Economic Challenges Ahead For Obama
- Demise of Australia's Allco a Sign of More to Come
- The New Investment World: Together and Separate
- JPMorgan to Close Prop Desk, Lay Off Traders: Source
- Australian Government Faces Up to Grim Reality
- Asian Markets Gain as Obama Win Ends Uncertainty
- And So It Goes ...
- Valliere: Can Obama Permanently Jump-start Confidence?
- At McCain Headquarters -- Johnny Cash!
- Time to Move to the Lawn
- Obama Appears and ... Nothing
- Lightning Round: Cisco, Morgan Stanley, Bristol-Myers and More
- Cramer's Outrage: The U.S. Treasury
- Cramer's Case for CAT
- Your First Move For Wednesday November 5th
- Hannover Re swings to 3Q loss of 395 million euros
- Asians uneasy over Obama trade stance
- Swisscom posts 32 percent drop in 3Q net profit
- Ciba 3Q profit down 8 pct, BASF deal advancing
- MillerCoors 3Q income rises 15 pct on cost savings
- Japan's Obama town celebrates namesake's victory
- Carlsberg posts 4 percent gain in 3Q profit
- Indian filmmaker B.R. Chopra dies
- Microsoft looking to China to create new products
- Total says adjusted net profit up 35 percent in 3Q
Text Size 
DALLAS - Calyon Securities downgraded the shares of Southwest Airlines Co. to "reduce" on Wednesday, saying the carrier's financial strengths have already been factored into the stock price, while boosting its rating on another low-cost carrier, AirTran Holdings Inc.
Analyst Ray Neidl lowered the shares from "neutral" even while praising the airline for its cash reserves, cash flow and limited debt.
Southwest "remains the gold standard among airlines," Neidl said, and added that it has a "strong possibility of profitable growth when the economy settles."
Neidl upgraded AirTran Holdings, parent of AirTran Airways, to "add" from "neutral" based on a better outlook for profit next year.
Neidl said both airlines would be helped by the recent decline in fuel prices, but he warned that a weak economy threatens their growth models.
Print
Email
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes