Supreme Court: Drivers hauling baked goods are in transportation, not baking [Yahoo! Finance]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.southwest.com
Company Research
Source: Yahoo! Finance
Supreme Court decision in a closely watched case involving an aspect of the legal status of drivers. The decision, written by Chief Justice John Roberts, was unanimous. It overturned both a decision by the U.S. District Court for the District of Connecticut and an appellate decision by the 2nd U.S. Circuit Court of Appeals. They had ruled that the drivers, who were independent contractors delivering the products of Flowers Foods (NYSE: FLO) in certain parts of Connecticut, were in the bakery business, not transportation. If the lower court decisions — that the drivers who had secured the rights to those Nutmeg State routes, Neal Bissonnette and Tyler Wojnarowski, were in baking rather than transportation — had been upheld, they would need to settle their pay disputes with Flowers through arbitration under the Federal Arbitration Act (FAA). But the Supreme Court's April 12 ruling that they are in the transportation business opens the door for them to take the dispute to court.
Show less
Read more
Impact Snapshot
Event Time:
LUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUV alerts
High impacting Southwest Airlines Company news events
Weekly update
A roundup of the hottest topics
LUV
News
- Emirates CEO gives workers a hefty bonus, saying they deserve every penny ‘of the 20-week profit share' [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines Pilots Association Applauds Passing of FAA Reauthorization Bill [Yahoo! Finance]Yahoo! Finance
- Emirates CEO gives workers a hefty bonus, saying they deserve every penny ‘of the 20-week profit share' [Fortune]Fortune
- Kamaka Air Under New Leadership with Former Southwest Airlines Directors at the Helm [Yahoo! Finance Canada]Yahoo! Finance Canada
- Kamaka Air Under New Leadership with Former Southwest Airlines Directors at the Helm [Yahoo! Finance]Yahoo! Finance
LUV
Earnings
- 4/25/24 - Miss
LUV
Sec Filings
- 5/15/24 - Form 3
- 5/2/24 - Form 4
- 5/1/24 - Form 8-K
- LUV's page on the SEC website