On Thursday, Shares of JetBlue Airways Corporation (NASDAQ:JBLU), added 2.53% and closed at $18.22 in the last trading session. The last trading range of the stock ranges between $17.32 and $18.27. JetBlue Airways Corporation (JBLU) stated its preliminary traffic results for September 2016. Traffic in September raised 10.8 percent from September 2015, on a capacity increase of 7.9 percent.
Load factor for September 2016 was 83.2 percent, a boost of 2.1 points from September 2015. JetBlue’s preliminary completion factor was 99.5 percent and its on-time (1) performance was 78.7 percent.
JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 35 million customers a year to 97 cities in the U.S., Caribbean, and Latin America with an average of 925 daily flights.
McDonald’s Corporation (NYSE:MCD), jumped 0.61% and closed at $115.41 in the last trading session. The last trading range of the stock ranges between $114.07 and $115.74. The company’s Market capitalization is $99.38 Billion with the total outstanding Shares of 853.30 million. Recently, McDonald’s declared that for the quarter ended September 30, 2016, the Company anticipates to incur about $130 million in pretax charges, or about $0.12 per share on an after-tax basis, consisting of restructuring and non-cash impairment charges related to its global G&A and refranchising programs. These programs were outlined in November 2015, counting plans to refranchise 4,000 restaurants by the end of 2018 and a net G&A savings target of $500 million, the vast majority of which is expected to be realized by the end of 2017. Going forward, the Company anticipates to incur additional planned charges in connection with these ongoing programs.
Further details regarding the charges for the third quarter and an update on our refranchising activities will be offered during the Company’s regularly planned earnings conference call later this month.
Companhia Energetica Minas Gerais (ADR)(NYSE:CIG), jumped 3.77% and closed at $2.75 in the last trading session. The last trading range of the stock ranges between $2.65 and $2.78. During the 52-week trading session the minimum price at which share price traded, registered at $1.02 and reached to max level of $3.08. Companhia Energética de Minas Gerais S.A., through its auxiliaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil. It also distributes natural gas.