During Tuesday’s afternoon trade, Shares of Southwest Airlines Co. (NYSE:LUV), lost -1.11% to $33.81.
Southwest Airlines, for the first time will operate a summer Saturday plan of 104 planned flights among a dozen airports in the continental United States and ten cities across the Caribbean, Mexico, and Central America.
At Los Cabos International Airport (SJD) near San Jose del Cabo, Mexico, Southwest flight 394 touched down recently from Baltimore/Washington International Thurgood Marshall Airport (BWI), and was welcomed with a ceremonial water arch and a reception at the gate. The nonstop service to/from BWI and the international airport in Baja California Sur operates weekly on Saturdays, and is the carrier’s fourth nonstop market to the Cabo San Lucas region.
The carrier began service in its 95th city, Puerto Vallarta, Mexico, via Lic. Gustavo Diaz Ordaz International Airport (PVR) on Sunday, June 7, with daily, nonstop service to/from Orange County/Santa Ana (SNA) and connecting points across the U.S. The carrier has also declared daily, nonstop service between PVR and both Denver and Houston (Hobby). The Ministers of Tourism for both Mexican States of Jalisco and Nayarit are predictable to welcome Southwest Airlines in its first month of serving Puerto Vallarta on June 18, the carrier’s 44th birthday.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Shares of The Dow Chemical Company (NYSE:DOW), inclined 1.17% to $52.47, during its current trading session.
The Dow Chemical Company, and Olin Corporation (OLN) declared the achievement of a regulatory milestone in the projected transaction involving a noteworthy portion of Dow’s chlorine value chain and Olin Corporation, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976.
As formerly declared on March 27, 2015, Dow and Olin reached a definitive agreement under which Dow will separate its U.S. Gulf Coast Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses, and then merge these businesses with Olin in a Reverse Morris Trust transaction. The merger will result in Dow shareholders receiving at least a majority of the shares of Olin, with existing Olin shareholders owning the remaining shares.
The transaction is predictable to close by the end of the year and is subject to approval by Olin shareholders and completion of customary closing conditions.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Finally, The Goodyear Tire & Rubber Company (NASDAQ:GT), gained 0.02%, and is now trading at $31.01.
The Goodyear Tire & Rubber Company, has reached a supply agreement with Yihai Food and Oil Industry in China for silica derived from rice husk ash. Goodyear will start using the silica this year in a consumer tire that will be manufactured in its factory in Pulandian, China, and sold in China.
Goodyear has tested silica derived from rice husk ash over the past two years at its Innovation Center in Akron and found its impact on tire performance to be equal to traditional sources.
Each year, more than 700 million tons of rice are harvested worldwide, according to the Food and Agricultural Organization of the United Nations, and disposing of the rice husks is an environmental challenge. As a result, husks often are burned to generate electricity and reduce the amount of waste shipped to landfills. While this ash has been converted to silica for several years, only these most recent processes created a silica of a high enough grade to use in tires.
The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, in addition to under the private-label brands.
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