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  • Oct 23- American Airlines Group Inc, the world's largest airline by passenger traffic, said on Thursday that third-quarter net income soared 87 percent, topping analysts' estimates, buoyed by declining fuel costs. Combined American and US Airways net income was $505 million a year earlier. American Air and US Airways completed a merger in December 2013.

  • American Airlines posts record 3Q profit Thursday, 23 Oct 2014 | 9:10 AM ET

    DALLAS— Summer vacations were good for American Airlines. The net income reported by American Airlines Group Inc. was an 87 percent increase over the $505 million earned by American and US Airways a year earlier, when they were still separate companies. Excluding special items, many related to the merger, the profit was $1.2 billion, or $1.66 per share.

  • American Airlines tops 3Q net income expectations Thursday, 23 Oct 2014 | 8:15 AM ET

    FORT WORTH, Texas— FORT WORTH, Texas— American Airlines Group Inc. on Thursday reported third-quarter earnings of $942 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share. Analysts expected $11.16 billion, according to Zacks.

  • Southwest Airlines 3Q profit rises 27 percent Thursday, 23 Oct 2014 | 8:01 AM ET

    DALLAS— More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter. Southwest Airlines Co. said Thursday that net income rose 27 percent to $329 million, or 48 cents per share, in the July-to-September quarter. Southwest spent $2.94 per gallon on fuel in the third...

  • Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in its quarterly revenue from home sales as the company raised prices for the twelfth straight quarter. PulteGroup has boosted revenue by charging more for homes even as it slows the rate at which it builds homes- a step it was forced to take due to a shortage of developed land.

  • Southwest Airlines profit jumps 27 pct Thursday, 23 Oct 2014 | 7:28 AM ET

    Oct 23- Southwest Airlines Co reported a 27 percent rise in quarterly profit as it boarded more passengers and benefitted from lower jet fuel costs. Net income rose to $329 million, or 48 cents per share, for the third quarter ended Sept. 30, from $259 million or, 37 cents per share, a year earlier. Excluding items, the U.S. carrier earned 55 cents per share, up from 34 cents...

  • Miami passenger charged with bomb hoax Thursday, 23 Oct 2014 | 7:11 AM ET

    MIAMI— Several flights were delayed at Miami International Airport after authorities say an international passenger joked about having a bomb. Airport officials said in a news release that 60- year-old Manuel Alberto Alvarado was checking in for his Avianca Airlines flight to Caracas, Venezuela, on Wednesday morning when he made a comment about having...

  • PulteGroup revenue rises on higher home prices Thursday, 23 Oct 2014 | 6:53 AM ET

    Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in quarterly revenue from home sales as the company sold homes at higher prices. Average selling price rose 8 percent to $334,000 in the third quarter ended Sept. 30. Home sales revenue, which excludes land sale and financial services revenue, rose to $1.55 billion from $1.49 billion.

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • Final Glance: Airlines companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Delta Air fell$. 18 or. 5 percent, to $37.30. JetBlue Airways Corp. fell$. 38 or 3.3 percent, to $11.18. Southwest Airlines Co. fell$. 39 or 1.1 percent, to $34.20.

  • Final Glance: Construction companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Fluor fell $2.31 or 3.6 percent, to $61.62. Foster Wheeler fell$. 06 or. 2 percent, to $30.33. Quanta Services Inc. fell$. 66 or 2.0 percent, to $31.99.

  • Boeing books first sales to Iran since 1979 Wednesday, 22 Oct 2014 | 3:21 PM ET

    SEATTLE, Oct 22- Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979 U.S. hostage crisis. The sales did not include spare parts for aircraft, which were thought to be likely since Iran Air's fleet of planes includes vintage...

  • Midday Glance: Airlines companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Delta Air rose$. 20 or. 5 percent, to $37.68. Southwest Airlines Co. rose$. 06 or. 2 percent, to $34.65. United Continental Holdings Inc. rose$. 06 or. 1 percent, to $49.57.

  • Midday Glance: Construction companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    NEW YORK— Shares of some top construction companies are mixed at 1 p.m.:. Foster Wheeler rose$. 16 or. 5 percent, to $30.55. Quanta Services Inc. fell$. 25 or. 8 percent, to $32.40.

  • Early Glance: Construction companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Foster Wheeler rose$. 26 or. 9 percent, to $30.65. Quanta Services Inc. rose$. 14 or. 4 percent, to $32.79.

  • Early Glance: Airlines companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Delta Air rose$. 15 or. 4 percent, to $37.63. JetBlue Airways Corp. fell$. 01 or. 1 percent, to $11.55. Southwest Airlines Co. rose$. 29 or. 9 percent, to $34.88.

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • Raytheon beat out Northrop and Lockheed Martin Corp to develop a replacement for the Air Force's current TPS-75 radar, which has been in service since the late 1960 s. Raytheon said it would work closely with the Air Force to mitigate any resulting delays once the issue was resolved. "The Air Force ran a very tough but very fair competition, and selected the world...

  • Final Glance: Airlines companies Tuesday, 21 Oct 2014 | 6:01 PM ET

    Delta Air rose $1.44 or 4.0 percent, to $37.48. JetBlue Airways Corp. rose$. 33 or 2.9 percent, to $11.56. Southwest Airlines Co. rose $1.75 or 5.3 percent, to $34.59.

  • Final Glance: Construction companies Tuesday, 21 Oct 2014 | 6:01 PM ET

    Fluor rose $1.55 or 2.5 percent, to $63.93. Foster Wheeler rose$. 49 or 1.6 percent, to $30.39. Quanta Services Inc. rose $1.21 or 3.8 percent, to $32.65.