Southwest Airlines Lays Out Overhaul, and Stock Gains
WEB1 day ago · Reporting from Dallas. Sept. 26, 2024 Updated 1:25 p.m. ET. Southwest Airlines announced a three-year plan on Thursday to revitalize its operation and customer offerings as it defends against an ...
Southwest Airlines authorizes $2.5 billion stock buyback ... - UPI
WEB1 day ago · Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.
Southwest Airlines spells out changes designed to boost profit
WEB1 day ago · The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from activist investor Elliott Investment Management.The hedge fund blames ...
Southwest Airlines spells out changes designed to boost profit …
WEB1 day ago · The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from activist investor Elliott Investment Management.The hedge fund blames management for Southwest’s recent underperformance compared with its closest rivals, and wants to replace Jordan and most of the Southwest board.. Along with introducing assigned seats, the airline ...
Southwest Airlines spells out changes designed to boost ... - ABC 6 News
WEBThe hedge fund blames management for Southwest’s recent underperformance compared with its closest rivals, and wants to replace Jordan and most of the Southwest board.
Hedge fund Elliott Investment Management steps up pressure on Southwest …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
Southwest Airlines CEO says he won't resign. A hedge fund is …
WEBJun 12, 2024 · The CEO of Southwest Airlines said Wednesday, June 12, 2024, that he will not resign in the face of pressure from a hedge fund that wants him fired and that his leadership team will produce its own plan to boost the airline’s financial performance.
An investment firm has taken a $1.9 billion stake in Southwest Airlines ...
WEBJun 10, 2024 · Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines. The investment firm said Monday, June 10, 2024, that Southwest failed to keep up with other airlines and …
Hedge Fund Elliott Investment Management Steps up Pressure on Southwest …
WEBSep 3, 2024 · DALLAS (AP) — Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company's stock to call a...
Elliott: Southwest Airlines' turnaround plan is insufficient
WEB7 hours ago · Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, voiced dissatisfaction with the major ...