Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain's Air Europa due to the "current regulatory environment".
British Airways-owner IAG said on Thursday it has terminated its deal to acquire Air Europa, citing current regulatory environment concerns.
The latest trading day saw Iamgold (IAG) settling at $3.95, representing a +0.77% change from its previous close.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
It has been a mixed bag for the international carriers like British Airways-owner International Consolidated Airlines Group SA (LSE:IAG) in 2024. While the holiday spending rebound is in full swing, this has primarily benefited budget airlines offering cheap fares to sunny European destinations.
Benefitting from high gold prices and cost-saving actions, Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Kinross Gold (KGC), Royal Gold (RGLD) and IAMGOLD (IAG) will likely beat Q2 earnings estimates.
MU, IAG, YMM, STEP and WING have been added to the Zacks Rank #1 (Strong Buy) List on July 19, 2024.
Does Iamgold (IAG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Iamgold (IAG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Shares in British Airways owner International Consolidated Airlines Group SA (LSE:IAG) fell sharply following German counterpart Lufthansa Group's profit warning earlier today. The German flag carrier lowered its full-year guidance following a dramatic slide in quarterly earnings.
Shares in British Airways owner International Consolidated Airlines Group SA (LSE:IAG) fell sharply immediately following a second-quarter update from US contemporary Delta Airlines Inc. Although Delta reported record revenues, adjusted earnings per share were down 12% year on year.
British Airways owner International Consolidated Airlines Group SA (LSE:IAG) has netted a double upgrade from Morgan Stanley (NYSE:MS), with the bank flipping its share price rating from 'underweight' to 'overweight'. Morgan Stanley (NYSE:MS) analysts highlighted that IAG's capacity growth “looks increasingly supportive” to pricing in the near and medium term.