Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
Participants allege that the airline failed to remove a large-cap growth investment option after ‘15 years of ...
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
Southwest Airlines Co.’s top finance executive ... overhaul in the wake of an activist campaign by shareholder Elliott Investment Management. Chief Financial Officer Tammy Romo, 62, will ...
A ramp agent directs a Southwest Airlines Boeing 737-800 airplane in to a gate at Baltimore-Washington Airport. Photo: Getty ...
Southwest Airlines Co (LUV) stock saw a decline, ending the day at $31.65 which represents a decrease of $-0.20 or -0.63% from the prior close of $31.85. The stock opened at $31.95 and touched a low ...
The move comes after a dispute with the activist firm Elliott Investment Management. Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business ...
Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management. Elliott Investment Management on ...
The Associated Press on MSN16d
Southwest pauses some hiring and summer internships as the airline looks to reduce costsSouthwest was a scrappy upstart for much of its history. It operated out of less-crowded secondary airports where it could turn around arriving planes and take off quickly with a new set of passengers ...
Southwest Airlines had a negative net margin ... Also, major shareholder Elliott Investment Management sold 1,203,920 shares of the business’s stock in a transaction on Monday, October 28th.
Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management.
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