Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8

Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8

Travelers check in at a Southwest counter at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July 23, 2024. Elijah Nouvelage | Bloomberg | Getty Images Elliott Investment Management has requested a special meeting at Southwest Airlines, formalizing the launch of a long-signaled proxy fight for control of the carrier’s board. The…

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JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income

JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income

JPMorgan Chase posted third-quarter results that topped estimates for profit and revenue as the company generated more interest income than expected. Here’s what the company reported: Earnings: $4.37 a share vs. $4.01 a share LSEG estimate Revenue: $43.32 billion, vs. $41.63 billion estimate JPMorgan said profit fell 2% from a year earlier to $12.9 billion,…

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