Frontier Group Holdings (ULCC) shares soared 16.4% in the last trading session to close at $5.81. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.6% gain over the past four weeks. This jump in stock price came after news that Spirit Airlines (SAVE) , a Frontier Group Holdings rival in the low-cost airline space, is considering bankruptcy. Spirit has faced losses and declining revenue due to fierce competition and the failed at ...

A rival is on the fiscal ropes, and could be partially (or even wholly) going away in the near future. Shares of Frontier Airlines parent Frontier Group Holdings (ULCC 18.34%) are up 18% as of midday Friday, followed closely by JetBlue Airways' (JBLU 14.08%) 16% surge. Both rallies are in response to reports that rival carrier Spirit Airlines (SAVE -26.56%) is considering filing for bankruptcy. If true, it could mean the sale of part or all of the struggling airline. Bankruptcy imminent? Take the report wit ...

Key Takeaways Shares of discount airlines Frontier Group Holdings and JetBlue soared on a report that rival Spirit Airlines is holding discussions about a possible bankruptcy. The Wall Street Journal said Spirit is holding talks with bondholders and other creditors about a Chapter 11 filing. Spirit Airlines shares spiraled on the news, hitting an all-time low. Shares of Frontier Group Holdings (ULCC) and JetBlue Airways (JBLU) took off Friday on a report that discount airline rival Spirit Airlines (SAVE) is ...

Verizon Communications Inc. (NYSE: VZ ) just raised its dividend yet again to $0.6775 per share per quarter, handing passive income investors a decent 2% dividend hike. In addition, the U.S. wireless carrier announced the acquisition of Frontier Communications ( A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buyouts and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news ...

LOUISVILLE, Ky., Sept. 19, 2024 /PRNewswire/ -- Bulleit Frontier Whiskey proudly announces the launch of Bulleit Rye 10-Year-Old, the latest addition to its permanent portfolio of exceptional whiskeys. This new expression joins the acclaimed Bulleit Bourbon 10-Year-Old, forming the foundation of the new Bulleit 10-Year Aged Whiskeys range. Together, these age-statement whiskeys reflect Bulleit's commitment to crafting premium, bold-flavored whiskey while continuing to innovate to bring an expanded portfolio ...

LOUISVILLE, Ky., Sept. 16, 2024 /PRNewswire/ -- Bulleit Frontier Whiskey is announcing the launch of its new US brand campaign, "We Aren't Made To Be Still". The campaign draws from the same spirit of relentless experimentation that created its expectation-defying flagship bourbon and continues to drive the brand's commitment to pushing the frontiers of what American whiskey can be. Bulleit Frontier Whiskey's "We Aren't Made To Be Still" campaignBulleit Frontier Whiskey's "We Aren't Made To Be Still" campai ...

NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Frontier Communications Parent, Inc. (Nasdaq: FYBR), relating to its proposed merger with Verizon Communications Inc. Under the terms of the agreement, Frontier shareholders will be entitled ...

The airline boosted guidance for the current quarter. Frontier Group Holdings (ULCC 5.71%) is feeling more upbeat about the current quarter, and investors are happy to go along for the ride. Shares of the discount airline opened up as much as 12% and were trading up 8% at 10 a.m. ET after Frontier raised its margin guidance for the quarter. Not as bad as feared Investors aren't sure what to think about airline stocks right now. The industry has done well since the end of the pandemic, but a combination of h ...

The deal could fundamentally change the investment case for Verizon stock. The news that Verizon Communications (VZ 3.84%) will acquire Frontier Communications Parent (FYBR 0.68%) appears to make strategic sense. For all of its focus on 5G, fiber remains a critical part of the broadband communications infrastructure, serving both consumers and businesses. Unfortunately for Verizon's shareholders, it has decided to buy Frontier at a time when the company faces significant financial struggles. Hence, even if ...

cemagraphics/E+ via Getty Images These are the voyages of the income name Verizon (NYSE:VZ). A company now debt laden, that had seen its cash flows evaporate, only to finally start rebounding despite immense competition and costs of operation. Still, we reiterate our Buy rating on Verizon Communications Inc. (VZ) shares today following news that the company will be acquiring Frontier Communications (FYBR). This is a rather interesting development and comes as the company has been seeing improvements to its ...