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  • American's shares traded up almost 4 percent, reflecting bolstered investor confidence in the carrier, the world's largest after it merged in 2013 with US Airways. Rivals Delta Air Lines Inc and United Continental Holdings Inc have also announced cuts for travel outside the peak summer season. American's President Scott Kirby said growing capacity and...

  • April 24- American Airlines Group Inc on Friday reported first-quarter profit above analysts' expectations and declared a $0.10 dividend as cheap fuel continued to help its bottom line. Excluding special items, it earned $1.2 billion, or $1.73 per diluted share, compared to analysts' average estimate of $1.71 per diluted share, according to Thomson Reuters...

  • American Airlines beats Street 1Q forecasts Friday, 24 Apr 2015 | 7:21 AM ET

    FORT WORTH, Texas— The fuel bill at American Airlines fell by nearly half in the first quarter, helping the company set a record profit despite a dip in revenue. The combination of cheaper fuel and steady demand for flights within the U.S. is boosting all the major domestic airlines, with American joining Delta, United and Southwest in posting sharply higher...

  • Basic Energy reports 1Q loss Thursday, 23 Apr 2015 | 7:10 PM ET

    FORT WORTH, Texas _ Basic Energy Services Inc. on Thursday reported a loss of $32.6 million in its first quarter. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 77 cents per share. Nine analysts surveyed by Zacks expected $281.2 million.

  • DALLAS— The CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock. American Airlines Group Inc. disclosed his compensation and the other changes in filings with the Securities and Exchange Commission. He drew a $687,884 salary, got maximum incentive...

  • AZZ beats 4Q profit forecasts Wednesday, 22 Apr 2015 | 8:18 AM ET

    FORT WORTH, Texas _ AZZ Inc. on Wednesday reported fiscal fourth-quarter profit of $16.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. AZZ expects full-year earnings in the range of $2.75 to $3.25 per share, with revenue in the range of $875 million to $925 million.

  • D.R. Horton slips despite improved fiscal 2Q totals Wednesday, 22 Apr 2015 | 7:10 AM ET

    FORT WORTH, Texas— D.R. Horton Inc. reported net income and revenue that surpassed Wall Street estimates, but the largest U.S. homebuilder's shares fell in afternoon trading. D.R. Horton said its profit grew 13 percent to $147.9 million, or 40 cents per share. D.R. Horton raised the lower end of its sales and home construction estimates, although it also expects...

  • WASHINGTON— With real-time monitors, scientists have linked a swarm of small earthquakes west of Fort Worth, Texas, to nearby natural gas wells and wastewater injection. In 84 days from November 2013 to January 2014, the area around Azle, Texas, shook with 27 magnitude 2 or greater earthquakes, while scientists at Southern Methodist University and the U.S....

  • NEW YORK, April 2- TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the firm may have violated securities regulations and defrauded investors out of millions of dollars as a result. The whistleblower lawsuit, almost without precedent in the tight-knit world of private...

  • NEW YORK, April 2- TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the firm may have violated securities regulations and defrauded investors out of millions of dollars as a result. The whistleblower lawsuit, almost without precedent in the tight-knit world of private...

  • What traders are focused on ahead of the open Friday, 13 Feb 2015 | 8:03 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • Oil, global issues remain in focus on Wall Street Friday, 13 Feb 2015 | 6:06 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • Why Fed should slowly raise rates: Dallas Fed prez Thursday, 12 Feb 2015 | 3:53 PM ET
    Richard Fisher

    The President of the Dallas Federal Reserve Bank said Thursday why the Fed should slowly raise rates.

  • NEW YORK, Feb 5- Undaunted by the popularity and outperformance of index-tracking investments, mutual fund companies last year rolled out 193 new actively managed stock funds, many with some highly colorful concepts. Last year, passive funds brought in $166 billion in new investor dollars, while investors pulled $98 billion out of traditional funds run by...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. Wireless company Sprint Corp would operate as many as 1,750 of those stores under an agreement with Standard General, Sprint...

  • JC Penney's next big bet a bit of a head scratcher Thursday, 5 Feb 2015 | 3:32 PM ET
    JCPenney Salon

    J.C. Penney is reinventing its 850 salons across the U.S. in a new partnership with InStyle.

  • Jan 28- The private equity firm TPG Capital LP has sued former spokesman Adam Levine, accusing him of taking confidential documents and distributing them to the New York Times and other media after being denied a promotion to a partnership position. In a complaint filed on Wednesday with the U.S. District Court in Fort Worth, Texas, TPG said Levine has held onto his...

  • Jan 27- American Airlines Group Inc on Tuesday reported a fourth-quarter profit that topped estimates and announced a new share buyback program and quarterly dividend, as the carrier saved hundreds of millions of dollars from tumbling oil prices. American, the world's largest airline by passenger traffic since its 2013 merger with US Airways, said it earned...

  • Jan 27- American Airlines Group Inc said on Tuesday that its profit was $597 million last quarter, topping analysts' estimates, and announced a new share buyback program and dividend. The Fort Worth- based carrier earned $1.1 billion, or $1.52 per diluted share, excluding $507 million in special costs largely from merger and bankruptcy-related expenses.

  • Jan 15- RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter. RadioShack was not immediately available for comment. Fort Worth, Texas- based RadioShack, which has done little to transform itself into a...