Airline profits are set to soar as oil prices remain suppressed when the big four are already flying high, Mark Gerchick said.» Read More
BEIJING- The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping tells global business leaders in an effort to dispel worries about the world's second-largest economy. As Obama visits Asia, old alliances face new strains in face of China's influence. WASHINGTON/ JAKARTA- As President...
NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...
Robin Hayes has heard investors' calls for JetBlue to increase its ancillary revenues, but he needs to be careful not to damage JetBlue's image.
Falling crude oil prices might provide a boost for one airline stock, Jamie Baker of JPMorgan says.
Some of Tuesday's midday movers:
Some of Thursday's midday movers:
These 12 stocks in the S&P 500 have completely erased their losses during the panic-stricken period of October. The USAToday reports.
Some of the names on the move ahead of the open.
Hey, young millionaires: Searching for yield in a volatile market? Here's former NFL star Jack Brewer's advice.
Here's a round-up of new suitcases and travel gear that offer the option to morph and fold, stop bullets, kill bedbugs and massage your feet.
Private Advisor Group's Guy Adami says the market might be running out of steam.
Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.
Congress passed the trade restriction in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. The group of 14 producers has "united to create an advocacy initiative to help repeal the outdated ban on crude oil exports," Daren Beaudo, a spokesman for ConocoPhillips, one of the member companies, said in an email. The U.S. drilling boom of the past...
Travel-related shares were mixed after N.Y. officials confirmed the state's first case of the Ebola virus, but losses were capped by upbeat earnings.
Global equity strategists pick out U.S. sectors and stocks that could be affected in Friday's trading session on the back of the NY Ebola case.
Oct 23- Several U.S. airlines reported strong third-quarter profits on Thursday, helped by falling fuel costs, with many topping Wall Street's earnings per share estimates. The exception was United Airlines which fell 1.4 percent after it projected unit revenue for the current quarter below Wall Street's expectations. However, the Chicago- based carrier as...
The 27 percent rise in quarterly profits reflected an increase in passenger boardings and lower fuel costs.
*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...
Thirty-two stocks in the S&P 500 have rebounded 10 percent or more since the market's low last week, including Chesapeake Energy, Delta and Southwest.
The price of a domestic one-way airline ticket is on the rise. And getting the increase to stick wasn't easy.