JetBlue Airways Corporation (JBLU) ended last trading session with a change of -0.9 percent. It trades at an average volume of 6.59M shares versus 4.98M shares recorded at the end of last trading session. The share price of $19.92 is at a distance of 34.96 percent from its 52-week low and down -15.84 percent versus its peak. The company has a market cap of $6.68B and currently has 335.1M shares outstanding. The share price is currently 0.09 percent versus its SMA20, -6.11 percent versus its SMA50, and 6.86 percent versus its SMA200. The stock has a weekly performance of 1.32 percent and is -11.15 percent year-to-date as of the recent close.
On February 21, 2017 JetBlue Airways Corporation (JBLU) announced that, after conducting a rigorous internal and external search, it has promoted Steve Priest to executive vice president and chief financial officer effective immediately. Priest has more than 20 years of experience leading financial, operational, and commercial aspects of the airline business and most recently served as the airline’s vice president, structural programs.
As CFO, Priest will oversee treasury, investor relations, corporate tax, audit, accounting, financial planning and analysis, fuel hedging, aircraft and materiel programs, insurance, financial reporting, risk management, infrastructure (corporate real estate), and strategic sourcing. He will also serve on JetBlue’s executive leadership team and report to President and Chief Executive Officer Robin Hayes.
KAR Auction Services, Inc. (KAR) recently recorded -4.05 percent change and currently at $44.8 is 35.96 percent away from its 52-week low and down -4.74 percent versus its peak. It has a past 5-day performance of -3.49 percent and trades at an average volume of 793.62K shares. The stock has a 1-month performance of -0.71 percent and is 5.11 percent year-to-date as of the recent close. There were about 138.25M shares outstanding which made its market cap $6.19B. The share price is currently -2.05 percent versus its SMA20, 0.53 percent versus its SMA50, and 6.83 percent versus its SMA200.
On Feb. 21, 2017 KAR Auction Services, Inc. (KAR) reported its fourth quarter financial results for the period ended December 31, 2016. For the fourth quarter of 2016, the company reported revenue of $813.7 million as compared with revenue of $695.7 million for the fourth quarter of 2015, an increase of 17%. Net income for the fourth quarter of 2016 decreased 6% to $45.5 million, or $0.33 per diluted share, as compared with net income of $48.3 million, or $0.35 per diluted share, in the fourth quarter of 2015. Adjusted EBITDA for the quarter ended December 31, 2016 increased 14% to $176.5 million, as compared with Adjusted EBITDA of $154.5 million for the quarter ended December 31, 2015. Operating adjusted net income per diluted share was $0.45 for the quarter ended December 31, 2016 and 2015.