Michael Linenberg
Michael Linenberg
accumulate appears favorable market possible rating share unit value view
It appears that the market is ascribing little, if any, value to that unit in Continental's share price. We view this possible development as being very favorable to Continental's shareholders, and therefore, are reiterating our accumulate rating on the stock.
bankruptcy becomes chapter deciding delta factor file filing investors key mindful whether
We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective. That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.
completion factor percent pleased results strike
We are pleased with the results as we think a (more than) 90 percent completion factor during a strike is very impressive.