More than 3.5 million people were supposed to fly this weekend, assuming their planes actually go anywhere.» Read More
Some of the names on the move ahead of the open.
Oct 16- Delta Air Lines Inc's quarterly profit fell 74 percent to $357 million, partly due to a jump in operating expenses.
Shares of Delta, American Airlines and United Airlines have dropped more than 18 percent on average in the last month on fears that people will cut travel to reduce the chance of catching Ebola. Buying American Airlines shares now almost guarantees gains, according to a JPMorgan report by analyst Jamie Baker published Tuesday. When shares of Continental...
Airline shares fell sharply after the CDC said they were searching for 132 Passengers who flew with the latest Texas Ebola patient.
Take a look at some of Wednesday's midday movers:
Stocks failed to hold gains after a strong rally, as oil's late-day plunge overshadowed the bounce in tech, transports and industrials.
*JPMorgan dips, Citigroup climbs after results. "It was disappointing to see the gains we've had over nine months dissipate so quickly," said Larry Peruzzi, senior equity trader at Cabrera Capital Markets Inc in Boston. Early third-quarter earnings reports have been mixed, but Citigroup, up 2.7 percent at $51.26, was among the top boosts to the benchmark S&P index...
While stocks took a beating over the past three days, there's opportunity in quality auto and airline names, Sarat Sethi says.
Some of Tuesday's midday movers:
Global airline stock rallied Tuesday after the previous session's sharp sell off, with American Airlines leading the sector's gains.
*JPMorgan falls, Citigroup climbs after results. Citigroup, up 3.2 percent to $51.48, was among the top boosts to the benchmark S&P index after the bank posted better-than-expected quarterly results and said it would pull out of consumer banking in 11 markets. But JPMorgan Chase shares lost 1.1 percent to $57.54, after the biggest U.S. bank posted third-quarter...
Take a look at some of Tuesday's midday movers:
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
*VIX at highest close since June 2012. NEW YORK, Oct 13- U.S. stocks dropped more than 1 percent on Monday, with the S&P 500 closing below a key technical support level, as declines in energy and airline shares led a late-day selloff. The CBOE Volatility index ended at 24.64, its highest close since early June 2012.
*U.S. war funds finally approved to fight Ebola in West Africa. Oct 10- A commercial plane was briefly quarantined on a Las Vegas airport tarmac on Friday, sending airline shares down as worldwide fears increased that Ebola could spread outside West Africa, where it has killed more than 4,000 people. Airline and hospital officials said a Delta Air Lines plane was...
Some of Friday's midday movers:
After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...
The "Fast Money" traders share their final trades of the day.
The CNBC "Fast Money" traders call out what plays would continue their upward trajectory.
WASHINGTON, Oct 8- The United States said on Wednesday it will begin enhanced screening of travelers from West Africa arriving at five of the country's largest airports as it increases efforts to prevent the spread of a deadly Ebola outbreak. The enhanced screening will start at New York's John F. Kennedy International Airport on Saturday and be extended next...