On Friday, Shares of American Airlines Group Inc. (NASDAQ:AAL), gained 3.88% to $41.21.
American Airlines Group, stated June 2015 and year-to-date traffic results.
American Airlines Group’s total revenue passenger miles (RPMs) for the month were 20.4 billion, up 2.8 percent as compared to June 2014. Total capacity was 23.9 billion accessible seat miles (ASMs), up 2.4 percent as compared to June 2014. Total passenger load factor was 85.4 percent, up 0.4 percentage points as compared to June 2014.
The Company continues to expect its second quarter 2015 merged passenger revenue per accessible seat mile (PRASM) to be down about six to eight percent year-over-year. In addition, the Company continues to expect its second quarter pretax margin not taking into account special items to be between 16 and 18 percent. For more financial forecasting detail, please refer to the Company’s investor relations update also filed this morning on SEC Form 8-K.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
Shares of MGIC Investment Corp. (NYSE:MTG), inclined 1.33% to $11.43, during its last trading session.
Mortgage Guaranty Insurance Corporation (MGIC) is now the exclusive provider of mortgage insurance rates for Mortgage Mapp’s mortgage calculator. The calculator is part of Mortgage Mapp’s robust mobile application for loan officers, which creates personally branded customer engagement platforms.
“MGIC continues to be a leader in the mortgage insurance industry,” said Ben Brashen, Mortgage Mapp’s Chief Executive Officer. “Mortgage Mapp is thrilled by the opportunity to work with them. This partnership provides Mortgage Mapp customers and their clients with an incredibly powerful addition to their personalized mortgage app.”
A replacement for the traditional business card, Mortgage Mapp allows loan officers to turn their smartphones into referral magnets and build planned client relationships with industry specific tools such as the mortgage calculator, pre-approval request and real time mortgage news. The app presently has more than 5,000 users.
MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States.
Finally, Expedia Inc. (NASDAQ:EXPE), ended its last trade with 3.27% gain, and closed at $107.97.
Expedia, declared that the company has reached a partnership agreement with the National Federation of the Blind, the leading organization of blind people in the United States. The two organizations will work in partnership with the aim of enhancing and improving accessibility for the blind on the Expedia.com and Travelocity.com websites and mobile applications.
As a result of this agreement, blind travelers visiting Expedia® or Travelocity® brand sites or accessing the mobile applications using text-to-speech screen readers and Braille display technologies will have stronger and more reliable access to the two sites.
Mark A. Riccobono, President of the National Federation of the Blind, said: “We are delighted with this new partnership, and we hope and believe that it will spur partnership and innovation that will serve as an example to the rest of the travel industry and to other online service providers. Blind people must have equal access to goods and services made accessible on websites and via mobile applications if we are to live the lives we want and compete on terms of equality in the twenty-first century. This partnership is another step toward making that aim a reality.”
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
