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Southwest Airlines Stock Soars
Southwest Airlines Lays Out Overhaul, and Stock Gains
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.
Southwest Airlines stock jumps 10% as investors embrace turnaround plan
The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.
Southwest Airlines authorizes $2.5 billion stock buyback, announces changes for customers
Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.
1d
on MSN
Elliott plans to call for Southwest Airlines special meeting as soon as next week (update)
Adds Southwest response. Activist investor Elliot Investment Managements plans to call for a special meeting of holders of ...
2h
on MSN
Southwest Airlines spells out changes designed to boost profit and fend off a hedge fund
The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...
7h
on MSN
Southwest's turnaround strategy lifts shares, activist investor Elliott shrugs
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation ...
2d
When Elliott Management calls, CEOs and boards listen. Southwest Airlines’ line is ringing
Southwest isn’t the only Texas company Elliott has invested in.
8h
on MSN
Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future
Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future ...
Flightglobal
10h
Elliott’s criticism of Southwest’s overhaul plan ‘inane’: CEO Bob Jordan
Southwest Airlines chief executive Bob Jordan blasted minority shareholder Elliott Investment Management's latest criticisms ...
2d
Hedge fund Elliott poised for next step in Southwest Airlines power struggle
Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.
Opinion
Crain's Chicago Business
3h
Opinion
Opinion: Southwest Airlines' profit plan puts activist agitators in a holding pattern
CEO Bob Jordan impresses investors with a sweeping strategy to add $4 billion to operating earnings by 2027, and he deserves ...
10h
Southwest Airlines reveals timeline for ending open seating, changing boarding process
Southwest Airlines unveiled a timeline of when it planned to make big changes to its long-popular seating, boarding processes ...
8h
Southwest Airlines unveils 'transformational plan' as CEO Bob Jordan fights to keep his job
"This is my plan and my vision for a new Southwest," CEO Bob Jordan told investors as he made the biggest presentation of his ...
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