On Friday, Shares of United Continental Holdings Inc (NYSE:UAL), gained 0.53% to $58.81.
United Continental Holdings, declared that it has reached a contract in Principle with the Air Line Pilots Association (ALPA) for a contract extension covering the airline’s more than 12,000 pilots more than a year ahead of the amendable date of the current contract. The agreement is subject to a ratification process which comprises final documentation, review, and consideration by the ALPA Master Executive Council.
“The fact that we were able to reach this Agreement in Principle in fewer than 30 days is a direct result of the positive, collaborative relationship between ALPA leadership and United,” said Executive Vice President Human Resources and Labor Relations Mike Bonds. “We appreciate the hard work of the company and union negotiating teams in assisting us reach a contract in Principle that will benefit pilots and United.”
United has joint collective bargaining agreements covering the majority of its represented employees and recently declared that it will open contract negotiations early for the airline’s ramp service and passenger service agents, storekeepers, load planners, maintenance and fleet technical instructors, and other groups represented by the International Association of Machinists and Aerospace Workers. The airline is also engaged in mediated negotiations with the Association of Flight Attendants and recently declared a contract with the International Brotherhood of Teamsters to put a projected joint collective bargaining agreement out for ratification by the company’s technicians and related employees.
United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with about 118 seats, and its regional operations.
Shares of Synthetic Biologics Inc (NYSEMKT:SYN), inclined 14.86% to $2.55, during its last trading session.
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On Thursday, November 19, 2015, NASDAQ ended at 5,073.64 down 0.03%, Dow Jones declined 0.02%, to finish the day at 17,732.75, and the S&P closed at 2,081.24, down 0.11%.
- Tillys Inc.’s stock slipped by 1.52% to close Thursday’s session at USD 5.84, below its 50-day and 200-day moving average of USD 7.26 and USD 10.56, respectively. The company’s shares oscillated between USD 5.72 and USD 6.05, marking a new 52-week low during the session. The stock recorded a trading volume of 0.06 million shares, which was below its 50-day daily average volume of 0.10 million shares and below its 52-week average volume of 0.16 million shares. Over the last five days, Tillys Inc.’s shares have declined by 3.95% and in the past one month, it has lost 25.42%. In addition, over the last three months, the stock has lost 34.89% and year to date, the shares have shed 39.73%. Further, the company is trading at a price to earnings ratio of 11.68. This compares to a historical PE ratio of 27.41. Tillys Inc. has a market cap of USD 71.82 million.
- Geospace Technologies Corp.’s stock declined 27.64% to finish Thursday’s session at USD 10.76, below its 50-day and 200-day moving average of USD 15.70 and USD 18.03, respectively. The share price oscillated between USD 10.19 and USD 13.75, marking a new 52-week low during the session. The stock recorded a trading volume of 1.25 million shares, which was above its 50-day daily average volume of 0.21 million shares and above its 52-week average volume of 0.25 million shares. Over the last three days, Geospace Technologies Corp.’s shares have declined by 30.27% and in the past one week it has moved down 29.54%. Moreover, in the last six months, the stock has lost 47.02% and year to date, the shares have shed 59.40%. Additionally, price to book ratio of the stock was recorded at 0.5, while its price to sales ratio stood at 1.5. The company has a market cap of USD 141.47 million.
Synthetics Biologics, Inc., a clinical-stage biotechnology company, develops pathogen-specific therapies for serious infections and diseases with a focus on protecting the microbiome. It is developing an oral biologic to protect the gut microbiome (gastrointestinal (GI) microflora) from intravenous (IV) antibiotics for the prevention of C. difficile infection; an oral statin treatment to reduce the impact of methane producing organisms on irritable bowel syndrome with constipation (IBS-C); and a monoclonal antibody combination for the treatment of Pertussis.
Finally, Shares of UTi Worldwide Inc. (NASDAQ:UTIW), remained flat at $6.95.
UTi Worldwide Inc. (UTIW), a global supply chain services and solutions provider, has won Nexteer Automotive’s Superior Customer Service Award. Nexteer, a global leader in advanced steering and driveline systems, made the award at their recent Annual Supplier Conference.
UTi received particular recognition for its collaborative and creative approach to problem solving, demonstrated by its response to the US West Coast port labor slowdown. Working closely with Nexteer, UTi acted quickly to divert and re-route shipments which assisted to minimize the impact of the labor action on Nexteer’s operations, resulting in no plant shutdowns. UTi has been supporting Nexteer with their global logistics needs since 2012.
Stuart Turner, Enterprise Commodity Manager, Global Logistics & Supply Chain Risk at Nexteer Automotive, said “We have built a strong global relationship with UTi. We trust their ability to manage our needs not only when the network operates smoothly but more importantly when the network is negatively influenced by external factors. They have earned that trust by the way they successfully managed Nexteer freight during the US West Coast port labor crisis.”
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.