Wednesday, May 24 2017 - 9:30pm
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Wednesday, May 24 2017 - 3:00pm
Airline company $AAL said total revenue passenger miles rose 4.3% to 16.9Bil in Nov. 2015 versus Nov. 2014. Total capacity fell 0.2% to 20.8Bil available seat miles. Total passenger load factor grew 3.5% to 81.2%. $AAL expects consolidated passenger revenue per available seat mile to be down about 5-7% YoverY in 4Q15.
As $GCO posted 1Q18 results, the footwear designer said it plans to open around 100 new stores focusing on "Journeys Kidz" brand in Canada and the UK in FY18. Going forward into the year, Genesco sees to "prune" its portfolio by closing over 100 stores upon lease expirations.
$ANIK announced the enrollment of the first patient in its supplemental Phase 3 trial evaluating the efficacy and safety of CINGAL, its novel HA-corticosteroid combination viscosupplement for the treatment of symptoms associated with osteoarthritis (OA) of the knee.
DTE Biomass Energy, subsidiary of $DTE, acquired 2 landfill gas-to-energy projects in Texas, purchasing both the operating Fort Bend Power Producers, LLC facility just outside of Rosenberg and the Seabreeze landfill gas development project in Angleton. Construction of the Seabreeze plant is expected to commence next month.
$SAFM's St. Pauls, North Carolina facility is progressing well and the company expects to reach full production during 1Q18. Additionally, $SAFM is scheduled to begin construction of its new Tyler, Texas, facility in 3Q17 and expects to open the facility during 1Q19.