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Republic Airways (RJET): Flying high -- for now

While the airports are still dominated by the big players, a company like Republic Airways Holdings Inc. (NASDAQ: RJET) offers essential services that make this company a real winner for investors.

Republic is the fastest-growing regional airline in America, with its lines (Chautauqua, Republic, and Shuttle America) providing regional service to bring passengers to the bigger airlines' hubs.

After a major downturn following 9/11, air travel is back up in a big way, and much of it is from the smaller regional airports that Republic serves. More and more people are looking to the skies for their business travel, and the growing number of telecommuters may also create increased demand for once-a-week flights from smaller cities to larger ones, rather than the traditional daily commute by car or public transportation.

Continue reading Republic Airways (RJET): Flying high -- for now

Analyst downgrades 6-28-07: BBBY, DISK, DRIV and JNJ

MOST NOTEWORTHY: Chittenden Corp (CHZ), Digital River (DRIV), Image Entertainment (DISK) and Foot Locker (FL) were today's noteworthy downgrades:
  • Chittenden Corp (NYSE: CHZ) was downgraded to Sell from Hold at AG Edwards based on the buyout news from People's United Financial (PBCT).
  • Digital River (NASDAQ: DRIV) was downgraded to Hold from Buy, and its target was cut to $44, at Jeffries based on the weak Microsoft (MSFT) ramp and weakness in the Symantec (SYMC) transition.
  • SMH Capital downgraded shares of Image Entertainment (NASDAQ: DISK) to Sell from Neutral and recommends investors take profits on the upside and sell shares.
  • Foot Locker (NYSE: FL) was downgraded to Hold from Buy at Matrix, as the firm believes fundamentals trends are turning negative; the firm sees limited upside from current levels.
OTHER DOWNGRADES:
  • Web.com (NASDAQ: WWWW) was downgraded to Hold from Buy at Roth Capital Partners.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA+20.0310,246.97
NASDAQ-2.982,151.08
S&P 500-0.071,093.01

Last updated: November 11, 2009: 08:56 AM

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