Airlines
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Michael O'Leary, Ryanair CEO, explains how his "pay-as-you-go" business model improved the company's profits, and weighs in on the growing competition between low-fare airlines.
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Earlier in the morning, traders took a shot at buying beaten-up groups: financials, airlines, and builders rallied. These stocks have been dramatically oversold recently. Not surprisingly, there was also a mild rotation out of agricultural stocks, coal, and energy to pay for the money going into beaten-up groups.
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Wall Street banks might have lost money hand over fist but Wal-Mart sales jumped 4% last month. So, here’s our question… is this a recession or a rebound?
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Stocks fell sharply Friday as oil prices climbed about $3 and a concoction of rumors and bad news shook up the banking sector. Rounding the bend toward the closing bell, the Dow was off nearly 4 percent for the week, the S&P off 3 percent and the Nasdaq off 2 percent.
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Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.
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Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.
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Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.
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For years, Southwest Airlines and JetBlue operated under self-imposed fare caps, promising travelers that no ticket would cost more than $299 one way, the New York Times reported.
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Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now! Now with more plays that ever!
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Interesting quotes and suggestions gleaned from Friday's Investors Clinic with guests Michael Browne, portfolio manager at Sofaer Global Research and Elissa Bayer, director of private clients at Insinger de Beaufort.
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The markets seesawed amid mixed economic and financial news on Thursday.
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As United States airlines reel from soaring oil prices and a sinking domestic economy, most of their European rivals appear better placed to ride out the storm, The New York Times reports.
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Stocks dropped sharply Wednesday as oil prices recovered from previous losses.
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Despite rumors that airlines will start weighing passengers like freight--and charging them accordingly--all the major carriers tell us it's not going to happen. Yet.
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The Transportation Security Administration is trying to speed up airport screening by asking passengers to choose a line based on their familiarity with checkpoint procedures, The New York Times reports.
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Gushing oil prices could swamp stocks in the week ahead, and even if crude pulls back, expect volatility.
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A little advance planning can make boarding that next plane much easier on your wallet.
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J.P. Morgan's strategist Thomas Lee told me this two weeks ago: "I think if oil stays at $130, equities are in big trouble...because there's so much pressure here on corporate America because of this oil price."
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Both Continental and United airlines announced major cutbacks this week as they grapple with soaring fuel prices. Is it enough to turnaround these stocks?
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High oil prices may hurt profit at Ryanair even though the airline has reported a 20 percent rise in full-year profit, CEO Michael O'Leary told CNBC Europe.
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What's the capitalist solution to our mass transit mess and how do you trade it?