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Continue ReadingShopping Center REITs are one of the better-performing property sectors this year- outpacing their mall REIT peers. Read our latest analysis here...
Continue Reading(Bloomberg) -- Amazon.com Inc. is poised to take a stake in the parent of Hawaiian Airlines as part of a deal to expand the e-commerce giant’s cargo-hauling operations.Most Read from BloombergTrump Deposed in Suit by Investors Claiming Fraud in ‘Apprentice’ Videophone PitchesChina Summons Chip Firms for Emergency Talks After US CurbsTwitter Tumbles as US Weighs Security Reviews for Musk DealsLiz Truss Odds: The Front-Runners to Replace the Prime MinisterTranscript: Nouriel Roubini Predicts a Cri...
Continue ReadingShares of Hawaiian Airlines parent Hawaiian Holdings Inc. rallied 4.1% in premarket trading Friday, after the company said it issued Amazon.com Inc. warrants to buy up to 15% of its shares outstanding as part of an agreement to operate 10 cargo jets to provide logistics support for the ecommerce giant. As of Thursday's stock closing price of $14.08, 15% of Hawaiian's market capitalization would be worth about $108.5 million. Hawaiian said it will operate and maintain the initial fleet of 10 Airb...
Continue ReadingShares of Prologis (NYSE: PLD) have tumbled 40% from their peak earlier this year. "We are clearly in a volatile macro environment where ongoing inflation, steeply rising interest rates, and the war and energy crisis in Europe are pressuring the global economy, " stated Prologis CFO Tim Arndt on its third-quarter conference call. While he said the company is "closely monitoring each element," the CFO noted that "the fundamentals in our business are very strong, and our read of supply and demand in our markets remains out of sync with the headlines."...
Continue ReadingDuring a 72-hour stretch this coming week, tech companies representing 25% of the market will report earnings. What to watch...
Continue ReadingAmazon said it is hiring Hawaiian Airlines to fly its packages on 10 rented Airbus jets around the U.S., reducing its reliance on Boeing planes...
Continue ReadingHawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), the parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today announced an agreement with Amazon.com, Inc. and its subsidiaries (NASDAQ: AMZN) ("Amazon") to operate and maintain an initial fleet of 10 Airbus A330-300 freighters starting in the fall of 2023. Hawaiian will maintain and fly Amazon's A330s under Hawaiian's FAA air carrier certificate to move cargo between airports near the online retailer's operations facilities. The initial...
Continue Reading‘The Buy Box favours products sold by Amazon itself, or by retailers who pay Amazon for handling their logistics’, consumer rights advocate Julie Hunter alleges...
Continue ReadingBy Dean Seal Shares of Hawaiian Holdings Inc. were up 12% to $15.77 in early trading Friday after Amazon.com Inc. said it has taken a stake in the Hawaiian.....
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