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Top News & Analysis Dallas

  • NEW YORK, April 27- Shares of American Airlines Group Inc dropped more than 8 percent on Thursday after the company said it had offered a mid-contract pay increase for pilots and flight attendants. American said that the move, which overshadowed the carrier's solid quarterly earnings, will increase its salary and benefits expense by approximately $230...

  • NEW YORK, April 27- American Airlines Group Inc said on Thursday it had deferred the delivery of several wide-body Boeing and Airbus jets, in the latest sign of oversupply in the market for long-distance airliners. American posted earnings of 61 cents per share for the quarter ended March 31, versus analysts' consensus forecast of 57 cents per share, excluding...

  • FORT WORTH, Texas— American Airlines is giving pay raises to its pilots and flight attendants, who have complained they are paid less that peers at other airlines. Shareholders get leftovers, "wrote Citi analyst Kevin Crissey in a note to clients. Investors showed their displeasure by sending American Airlines shares down 7.3 percent to $43 in morning trading.

  • FORT WORTH, Texas _ First Cash Financial Services Inc. on Thursday reported first-quarter earnings of $32.6 million. For the current quarter ending in July, First Cash Financial Services expects its per-share earnings to range from 42 cents to 47 cents. First Cash Financial Services shares have increased 9.5 percent since the beginning of the year.

  • FT WORTH, Texas _ Range Resources Corp. on Monday reported first-quarter net income of $170.1 million, after reporting a loss in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Range Resources shares have dropped 21 percent since the beginning of the year, while the...

  • FORT WORTH, Texas _ Basic Energy Services Inc. on Thursday reported a loss of $38.6 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 86 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Horton Inc's quarterly profit edged past estimates on Thursday but concerns about the resilience of a recovery in the U.S. housing market weighed on the company's shares. The largest U.S. homebuilder's shares were down 2.8 percent in afternoon trading, dragging peers including Lennar Corp and PulteGroup Inc lower. "Shares are trading modestly lower on...

  • An improving job market continues to fuel demand for housing in the United States. The Fort Worth, Texas- based company raised its 2017 revenue forecast to $13.6 billion- $14.0 billion from $13.4 billion- $13.8 billion. The company's net income rose to $229.2 million, or 60 cents per share, from $195.1 million, or 52 cents per share.

  • FORT WORTH, Texas _ D.R. Horton Inc. on Thursday reported fiscal second-quarter net income of $229.2 million. D.R. Horton expects full-year revenue in the range of $13.6 billion to $14 billion. D.R. Horton shares have climbed 24 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 4 percent.

  • FORT WORTH, Texas _ AZZ Inc. on Thursday reported fiscal fourth-quarter profit of $11.6 million. The Fort Worth, Texas- based company said it had profit of 44 cents per share. AZZ expects full-year earnings to be $2.60 to $3.10 per share, with revenue in the range of $880 million to $950 million.

  • FORT WORTH, Texas— American Airlines flight attendants will receive a 1.6 percent wage increase after the union sought a more than 8 percent pay hike. An arbitration panel Tuesday agreed on the lower figure for American's more than 25,000 workers represented by the Association of Professional Flight Attendants. The matter involved contract negotiations...

  • Robert Kaplan, president of the U.S. Federal Reserve Bank of Dallas.

    The central bank's plans to begin trimming its $4.5 trillion balance sheet as soon as this year do not alter his view of the appropriate rate hike path.

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. OTTAWA, Canada- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins will appear in House of Commons Standing Committee on Finance in Ottawa 2015 GMT. FORT WORTH, Texas- Federal Reserve Bank of...

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. OTTAWA, Canada- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins will appear in House of Commons Standing Committee on Finance in Ottawa 2015 GMT. FORT WORTH, Texas- Federal Reserve Bank of...

  • **BRUSSELS Governor of Bank of Italy Visco speaks before economic committee of EU parliament 1500 GMT. MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a question-and-answer session as part of a Minnesota Business Partnership meeting- 1745 GMT. WASHINGTON- Bank of America Merrill Lynch Auto Summit- 1200. BRAZIL-...

  • **BRUSSELS Governor of Bank of Italy Visco speaks before economic committee of EU parliament 1500 GMT. MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a question-and-answer session as part of a Minnesota Business Partnership meeting- 1745 GMT. WASHINGTON- Bank of America Merrill Lynch Auto Summit- 1200. BRAZIL-...

  • STOCKHOLM Swedish National Bank Governor Stefan Nils Magnus Ingves will hold a guest lecture on financial crises and future challenges at the Department of Economic History. UNITED STATES- Bank of America Merrill Lynch Auto Summit- 1200. VIENNA- Austrian National Bank Vice Governor Andreas Ittner speaks to business reporters- 0900 GMT.

  • STOCKHOLM Swedish National Bank Governor Stefan Nils Magnus Ingves will hold a guest lecture on financial crises and future challenges at the Department of Economic History. UNITED STATES- Bank of America Merrill Lynch Auto Summit- 1200. VIENNA- Austrian National Bank Vice Governor Andreas Ittner speaks to business reporters- 0900 GMT.