Industrials
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With cheap shale gas making the US a magnet for industrial companies, many economists are positing a return to industrialization after more than a decade of consumption-led growth.
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DALLAS-- Southwest Airlines Co. said Friday that a key revenue measure was flat in March, another sign that airlines are struggling to sell more high-fare tickets. Southwest, which owns AirTran Airways, said that traffic on the two carriers rose 4 percent last month compared with a year earlier, as passengers flew 9.44 billion miles.
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Delta Air fell$. 69 or 4.7 percent, to $14.06. JetBlue Airways Corp. fell$. 10 or 1.5 percent, to $6.40. Southwest Airlines Co. fell$. 22 or 1.7 percent, to $12.58.
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NEW YORK-- Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 47 or 2.1 percent, to $21.59. Quanta Services Inc. fell$. 03 or. 1 percent, to $26.60.
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Boeing may carry out a certification test flight of its grounded 787 Dreamliner, a key step toward returning the state-of-the-art aircraft to flight, a U.S. government official said on Thursday.
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*Airlines fall on Asia bird-flu concerns. Airlines stocks also put downward pressure on the market, hit by concerns the spread of bird flu in Asia could hurt air traffic. The fundamentals are not as supportive as they were this time last year, " Gerard Lane, equity strategist at Shore Capital, said.
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Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.
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Delta Air rose$. 19 or 1.3 percent, to $14.75. JetBlue Airways Corp. rose$. 33 or 5.4 percent, to $6.49. Southwest Airlines Co. rose$. 26 or 2.1 percent, to $12.80.
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Fluor fell$. 09 or. 1 percent, to $61.82. Foster Wheeler unchanged at $22.06. Quanta Services Inc. rose$. 24 or. 9 percent, to $26.63.
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Delta Air rose$. 05 or. 3 percent, to $14.61. JetBlue Airways Corp. rose$. 13 or 2.1 percent, to $6.29. Southwest Airlines Co. rose$. 20 or 1.6 percent, to $12.74.
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NEW YORK-- Shares of some top construction companies are mixed at 1 p.m.:. Foster Wheeler rose$. 12 or. 5 percent, to $22.18. Quanta Services Inc. rose$. 13 or. 5 percent, to $26.52.
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JetBlue Airways Corp. rose$. 12 or 1.9 percent, to $6.28. Southwest Airlines Co. rose$. 13 or 1.0 percent, to $12.67. US Airways Group fell$. 08 or. 5 percent, to $15.45.
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Fluor rose$. 22 or. 3 percent, to $62.13. Foster Wheeler fell$. 03 or. 1 percent, to $22.03. Quanta Services Inc. rose$. 22 or. 8 percent, to $26.61.
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DETROIT-- Port officials will celebrate the arrival of a steel-hauling vessel from the United Kingdom as the first international ship to deliver cargo this year to Detroit. The bulk carrier Federal Mattawa arrived Wednesday and was unloading cargo at the Nicholson Terminal& Dock Co. in southwest Detroit.
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Delta Air fell$. 38 or 2.5 percent, to $14.56. JetBlue Airways Corp. fell$. 18 or 2.8 percent, to $6.16. Southwest Airlines Co. fell$. 14 or 1.1 percent, to $12.54.
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Fluor fell $2.37 or 3.7 percent, to $61.91. Foster Wheeler fell$. 11 or. 5 percent, to $22.06. Quanta Services Inc. fell$. 63 or 2.3 percent, to $26.39.
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MADRID, April 3- International Airlines Group said on Wednesday it had firmed up orders for 18 of Boeing's 787 Dreamliners, a show of confidence in the jet that has been grounded since January because of battery problems.
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NEW YORK-- Stocks of major U.S. airlines fell for a second day after US Airways said Wednesday that a key revenue measurement was weaker than expected in March. US Airways blamed the federal government's automatic spending cuts for cutting into last-minute bookings and causing March unit revenue to be flat instead of up 2 to 4 percent, as the airline had predicted.
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Delta Air fell$. 62 or 4.1 percent, to $14.32. JetBlue Airways Corp. fell$. 06 or. 9 percent, to $6.28. Southwest Airlines Co. fell$. 09 or. 7 percent, to $12.59.
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NEW YORK-- Shares of some top construction companies are down at 1 p.m.:. Foster Wheeler fell$. 26 or 1.2 percent, to $21.91. Quanta Services Inc. fell$. 80 or 3.0 percent, to $26.22.
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NEW YORK-- Shares of some top construction companies are down at 10 a.m.:. Foster Wheeler fell$. 15 or. 7 percent, to $22.02. Quanta Services Inc. fell$. 50 or 1.9 percent, to $26.52.