-- 摩根士丹利週二發布的一份報告稱，儘管阿拉斯加航空集團 (ALK) 第一季度業績疲軟，且第二季度業績預期也較為保守，但其管理層仍保持樂觀態度，並表示即使燃油價格上漲，內部各項舉措仍在穩步推進。 摩根士丹利指出，第一季業績受到惡劣天氣、墨西哥內亂以及燃油成本上漲的影響，但管理層表示，若不計入這些因素，獲利將「遠高於」先前預期的中位數。報告稱，第二季每股收益將面臨超過3美元的燃油成本壓力。 報告也指出，阿拉斯加航空正努力抵銷不斷上漲的航空燃油成本，管理層認為，即使受到夏威夷航空業績下滑2個百分點的影響，第二季營收仍有可能實現10%的成長。 報告稱，重要的進展包括與美國銀行續簽信用卡合作協議，預計2030年將帶來10億美元的額外收入，並提升今明兩年的利潤率。 報告稱，管理層重申了其每股收益10美元的長期目標，並表示預計到2027年將達到該獲利水準。 摩根士丹利將阿拉斯加航空的股票目標價從80美元下調至78美元，但維持「增持」評級。
Price: $40.25, Change: $-1.20, Percent Change: -2.90%
Malaysian palm oil futures slipped on Monday, pulling away from crude oil prices, as weaker exports and a stronger local currency weighed on sentiment.Reversing the previous session's gains, the Bursa Malaysia Derivatives' May crude palm oil contract fell 0.66% to 4,487 Malaysian ringgit ($1,134.94) per metric ton. The June contract dropped by 0.96% to 4,521 ringgit/mt in midday trade.Malaysian shipments for the April 1-25 period reportedly declined 15.7% from a month earlier, according to cargo surveyors cited by Trading Economics.A stronger Malaysian ringgit, which rose against the US dollar by 0.28% on Monday, could further pressure exports as it makes them costlier.The recent drop in Malaysian shipments followed a 29.1% year-over-year rise in Q1 exports, as buyers advanced purchases due to the expected surge in shipping costs and as volumes of rival Indonesian cargoes softened due to higher export levies.Indonesia's move to raise its palm-based biodiesel blending to 50% from 40% beginning July 1 could further lift Malaysian exports going forward.The Malaysia Palm Oil Council said Indonesia's B50 program could absorb an additional 3 million metric tons per year of palm oil. Annual domestic consumption in Thailand could also increase by 350,000 metric tons as the country moves to B7 from B5, while demand in Malaysia could rise by 300,000 mt as the government raises its biodiesel blend to B15 from B10.Rising biofuel demand, elevated crude oil prices, and supply risks from the potential development of an El Nino weather trend will support palm oil prices, with the MPOC projecting them at around 4,500 ringgit/mt in the near term."However, further gains are likely to be capped by softer export demand amid inflation and weaker economic growth in key importing countries, alongside rising stocks as palm oil production gradually enters its seasonal peak," the MPOC said.According to Jim Teh, senior palm oil trader at Interband Group of Co., as cited by Bernama, palm oil prices could trade between 4,200 ringgit/mt and 4,300 ringgit/mt this week due to profit taking.
South Korean shipbuilder Hanwha Systems (KRX:272210) posted first-quarter net loss attributable to shareholders of 55 billion won, swinging from an attributable net income of 27.9 billion won a year earlier, according to a Monday filing with the Korea Exchange.Sales were up 17% year over year to 807.1 billion won from 690.1 billion won.Shares of Hanwha Systems fell over 3% at market close.
SG Micro's (SHE:300661) attributable profit surged 107% to 123.7 million yuan in the first quarter from 59.8 million yuan in the year-ago period, according to a Monday filing with the Shenzhen bourse.Earnings per share at the integrated circuit manufacturer increased to 0.1975 yuan from 0.0965 yuan in the prior-year period.Operating revenue grew 39% year over year to 1.10 billion yuan from 789.6 million yuan.