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Enter Symbol:
 
Alaska Air Group, Inc. (ALK) [hlAlert]

Rating:
Hold ALK

Alaska Air Group, Inc. (ALK) rated Hold

Posted on: Friday,  Oct 12, 2007  9:25 AM ET by Bear Stearns

Alaska Air (ALK)
rated Peer Perform by Bear Stearns.

Alaska Air Group, Inc. is a holding company and has two principal subsidiaries: Alaska Airlines, Inc. and Horizon Air Industries, Inc. Both subsidiaries operate as airlines. However, each subsidiary's business plan, competition and economic risks differ substantially. Alaska is a major airline, operates an all jet fleet, and its average passenger trip length is 833 miles. Horizon is a regional airline, operates jet and turboprop aircraft, and its average passenger trip is 231 miles.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2007 9:25 AM Hold
None
6.41
as of 12/24/2008
1 Week down  -10.00 %
1 Month up  5.88 %
3 Months down  -32.90 %
1 YTD down  -20.80 %

(*) Stock Price at the time of the recommendation.
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