CNBC's Dominic Chu digs into the year-to-date S&P performance of the airlines and explains why it has been the lone bright spot for the industrial sector.» Read More
Delta Air rose $1.71 or 5.4 percent, to $33.62. JetBlue Airways Corp. rose$. 49 or 5.9 percent, to $8.80. Southwest Airlines Co. rose$. 64 or 2.8 percent, to $23.54.
Fluor rose $1.48 or 2.0 percent, to $77.32. Foster Wheeler rose$. 27 or. 8 percent, to $33.50. Quanta Services Inc. rose$. 51 or 1.4 percent, to $35.83.
FORT WORTH, Texas— PSA Airlines, which operates regional flights for US Airways, says that its CEO and president will retire and be replaced by the president of US Airways Express. The company said Wednesday that Keith Houk, 66, will retire on Aug. 31 after more than 25 years at PSA Airlines including nine as CEO.
Delta Air rose $1.03 or 3.2 percent, to $32.95. JetBlue Airways Corp. rose$. 32 or 3.9 percent, to $8.63. Southwest Airlines Co. rose$. 47 or 2.1 percent, to $23.37.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 19 or. 6 percent, to $33.42. Quanta Services Inc. rose$. 62 or 1.8 percent, to $35.94.
CAPE CANAVERAL, Fla.— SpaceX is shooting for another launch attempt Friday to deliver supplies to the International Space Station. NASA confirmed the launch date Wednesday, two days after a last-minute rocket leak delayed the mission. The prime computer has been working fine, but NASA wants to get a new backup installed outside the station as soon as possible.
NEW YORK— Airline executives frequently complain about fuel costs. "Traditionally, it was too easy to start an airline and too difficult to kill one off," says Jamie Baker, an airline analyst with JPMorgan Chase. Last year, they paid an average of $3.03 a gallon, according to the Bureau of Transportation Statistics.
Delta Air rose$. 62 or 1.9 percent, to $32.53. JetBlue Airways Corp. rose$. 21 or 2.5 percent, to $8.52. Southwest Airlines Co. rose$. 16 or. 7 percent, to $23.06.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 20 or. 6 percent, to $33.43. Quanta Services Inc. rose$. 42 or 1.2 percent, to $35.74.
WASHINGTON— U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. Builders started work on 946,000 homes at a seasonally adjusted annual rate in March, up 2.8 percent from 920,000 in February, the Commerce Department said Wednesday.
WASHINGTON— US home building up in March, led by 6 percent gain in single-family home construction.
WASHINGTON— The Commerce Department reports on U.S. home construction in March. BUILDER CONFIDENCE: On Tuesday, the National Association of Home Builders reported that builders' confidence rose slightly in April but remained at a low level.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
April 15- For business flyers like Adam Kubryk, who is on the road about 200 days a year, one of the perks of flying often and using the same airline regularly is getting upgraded from coach to business class when a seat is available. The issue: in March, the airline stopped offering upgrades for flights between New York and Los Angeles, San Francisco or Seattle.
The Dow Jones U.S. Home Construction index has regained much of the ground lost in the second half of 2013, when rising mortgage rates and wider economic uncertainty broke an 18- month winning streak for homebuilder stocks. The average forecast covers D.R. Horton Inc, PulteGroup Inc, Lennar Corp, KB Home and Toll Brothers Inc..
NEW YORK— U.S. stocks are moving lower in midday trading, giving up an early gain. Beazer Homes, Ryland Group and other homebuilder stocks fell after a survey showed that the industry's confidence in the housing market remains low. Johnson& Johnson rose 2 percent after reporting higher profits.
WASHINGTON— U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.
Delta Air fell$. 79 or 2.4 percent, to $31.73. JetBlue Airways Corp. fell$. 21 or 2.5 percent, to $8.22. Southwest Airlines Co. fell$. 24 or 1.1 percent, to $22.51.
Fluor rose$. 36 or. 5 percent, to $74.83. Foster Wheeler rose$. 11 or. 3 percent, to $33.20. Quanta Services Inc. fell$. 13 or. 4 percent, to $35.15.
CAPE CANAVERAL, Fla., April 14- Privately owned Space Exploration Technologies canceled its planned cargo run to the International Space Station on Monday after a helium leak was found in its rocket's first stage, NASA said. The next opportunity for the Falcon 9 to fly is 3:25 p.m. on Friday if the problem can be resolved, NASA said in a statement.