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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's turnaround strategy lifts shares, activist investor Elliott shrugs
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft sale-leasebacks, but activist investor Elliott Management shrugged off the plan.
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 ...
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.
14h
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
16h
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.
8h
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 ...
Opinion
Crain's Chicago Business
9h
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 ...
14h
Elliott Reaffirms Commitment to Southwest Airlines Proxy Fight
Elliott Investment Management said it is committed to its proxy fight against Southwest Airlines.
2d
Elliott Plans To Call Special Shareholder Meeting Next Week To Revamp Southwest Airlines Leadership
Elliott Investment Management L.P., which manages funds that together have an investment representing an approximately 11% economic ...
Crain's Chicago Business
2d
Activist slams 'reckless and chaotic' Southwest strategy
Elliott said it would continue to seek a board overhaul, escalating tensions in a showdown over the carrier’s future.
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