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Southwest Airlines, Elliott
Southwest Airlines reaches settlement with Elliott, adds new directors to board
Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to restructure board leadership in a new settlement.
Southwest Airlines Ends Feud With Activist Investor Elliott
Southwest Airlines struck a truce with Elliott Investment Management, giving the activist a significant presence on its board but not the majority control the hedge fund initially sought. The settlement announced Thursday deflects a potentially rancorous proxy fight and ends the acrimonious four-month battle over whether Southwest’s management is capable of pulling the airline out of a funk.
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy battle.
Southwest Airlines, Q3
Southwest Airlines Revenue Rises but Q3 Profit Falls by Two-Thirds on Higher Costs
Southwest Airlines is reporting that third-quarter profit fell nearly two-thirds from a year ago despite an increase in revenue
Southwest Q3 Earnings: Forward Guidance Disappoints On Cost Concerns
Southwest Airlines reported Q3 earnings and beat expectations, but shares fell due to cost pressures and board changes. See why I'm mildly bearish on LUV stock.
Southwest Airlines (LUV) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Oct 24, 2024, 12:30 p.m. ET Hello, everyone, and welcome to the Southwest Airlines third-quarter 2024 conference call. I'm Gary, and I'll be moderating today's call, which is being recorded.
4h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...
12h
on MSN
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board ...
2h
on MSN
American Airlines tests new 'shaming tools' to deter boarding frauds
American Airlines is testing a new technology to stop a phenomenon commonly known as "gate lice." Why isn't it at any Bay ...
3h
on MSN
American, Southwest Airlines on turbulent financial ride, struggling to adapt to evolving industry
While United and Delta each posted almost $1 billion dollar gains for Q3, American posted a net loss of nearly $149 million ...
8h
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
5h
on MSN
Southwest Airlines plans to speed up its turnaround — literally
After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...
5h
on MSN
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
Southwest Airlines and its activist investor Elliott Investment Management ended a bitter months-long boardroom battle on ...
10h
Southwest reports Q3 EPS 15c, consensus 0c
Reports Q3 revenue $6.9B, consensus $6.73B. Bob Jordan, president, CEO and vice chairman of the board of directors, stated, “It’s ...
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