Airline Stocks Losing Altitude After Downgrades

Airline stocks may run into some turbulence in the closing months of 2017. On Friday, JPMorgan analyst Jamie Baker downgraded the stocks of American Airline Group (AAL), United Continental Holdings (UAL) and Spirit Airlines (SAVE) from “outperform” to “hold” on fears that the airlines will be unable to hit earnings targets in the fourth quarter.

The U.S. Beer Market Is Tapped Out

Alcoholic beverage companies are facing a sobering outlook in the U.S. market. According to a new report by Berenberg, the relatively strong U.S. alcoholic beverage business has peaked and will likely stagnate in the next 10 years. Analyst Javier Lastra says U.S. alcohol consumption per capita will drop 0.4 percent annually for at least the next decade.

Investors of eBay Shouldn’t Worry About Amazon

Amazon.com, Inc. (Nasdaq: AMZN) may be the gold standard for e-commerce investors, but it’s certainly not the only game in town. D.A. Davidson analyst Tom Forte has initiated coverage of eBay (EBAY) with a “buy” rating and says the online auction giant has plenty of growth levers to pull in coming years.

Nordstrom Nearing a Deal to Go Private

With Nordstrom Inc. (ticker: JWN) stock now down more than 30 percent in the past three years, the Nordstrom family may be taking its ball and going home. On Tuesday, CNBC reported the Nordstrom family, which owns 31.2 percent of the company they founded, is on the brink of a deal with private equity firm Leonard Green &…

Hurricanes Leave Cruise Industry in Limbo

Cruise stock investors are monitoring Hurricane Irma and Hurricane Jose closely to determine just how much of an impact the two storms could have on revenues and profits. A handful of cruises have already been canceled during what is typically one of the busiest times of the year in the cruise industry.