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Southwest, Elliott and Gary C. Kelly

Dallas Morning News · 11h

Southwest Airlines reaches settlement with Elliott, adds new directors to board

Southwest Airlines has given in to demands from Elliott Investment Management after months of an ongoing battle and agreed to restructure board leadership in a new settlement.

Hosted on MSN · 16h

Dallas-based Southwest Airlines settles with activist investor; executive chairman, six directors to exit quickly

Southwest Airlines Executive Chairman Gary Kelly, along with six directors, will move up their retirement dates as part of an agreement with Elliott Investment Management, the airline says.

New York Post on MSN · 10h

Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber

Southwest Airlines Stock Rises

Barron's on MSN · 1d

Southwest Airlines Stock Rises After Earnings Beat

Southwest Airlines reported better-than-expected earnings Thursday, sending its shares higher ahead of the opening bell. The Dallas-based carrier reported a third-quarter profit of 11 cents a share, beating analysts’ estimates of 6 cents,

Midland Reporter-Telegram · 19h

Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs

DALLAS (AP) — Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses. The airline, which is under pressure from hedge fund Elliott Investment Management to boost profit, said Thursday that adjusted earnings beat Wall Street expectations.

MarketWatch on MSN · 19h

Southwest Airlines’ stock rallies after an earnings beat, accelerated buyback program

Shares of Southwest Airlines Co. rallied 3.7% toward a seven-month high in premarket trading Thursday, after the air carrier reported third-quarter earnings that beat expectations, provided an upbeat outlook and announced a accelerated stock buyback program.

15hon MSN

Southwest Airlines Executive Chairman Gary Kelly retires early, Board announces new members

Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot ...

16h

Southwest chairman will 'accelerate retirement' and step down next week, as board appoints 6 new directors

Kelly was previously expected to retire sometime next year, as company officials have faced pressure from activist investor ...

7hon MSN

American, Southwest Airlines on turbulent financial ride, struggling to adapt to evolving industry

While United and Delta each posted almost $1 billion dollar gains for Q3, American posted a net loss of nearly $149 million ...

8h

Southwest settles proxy fight with hedge fund as Q3 profit shrinks

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

9h

Southwest, Elliott strike deal to end proxy fight

Six new directors will join the Southwest board, including five of Elliot's nominees; chairman and former CEO will step down ...

Southwest settles proxy fight with hedge and reports smaller Q3 profit. American loses money

FILE - Ryan Munoz, a flight attendant with Southwest Airlines, poses in the airline's newly designed uniform on Sept.

12h

Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...

9h

Southwest Airlines plans to speed up its turnaround — literally

After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...

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