The U.S. Justice Department said it is investigating whether U.S. airlines worked together to keep airfares high by signaling plans to limit flights.» Read More
Stocks tumbled as the unrest in Libya—and the cut-off in Libyan oil supplies—sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and JPMorgan fell, while Kraft gained.
Stocks held steep losses into the close as the unrest in Libya sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and Bank of America fell, hwile Kraft rose.
Billionaire investor George Soros' hedge fund made a big bet on Delta Air Lines in the fourth quarter, while keeping gold as its largest holding. Apple, maker of the iPad and iPhone, remained a top 10 position. A report from TheStreet.
Airlines have become more aggressive in canceling flights before major winter storms rather than trying to fight their way through the snow. The New York Times reports.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
But don't despair, the cold weather has them hot for another.
Airline investors may have to wait until better weather comes their way as winter storms and new rules are causing havoc in the industry, said Helane Becker, airlines analyst at Dahlman Rose.
You don’t need us to tell you it’s been a wicked winter. With snow and ice storms blanketing half the nation, how should you play airlines?
Here's why you should keep a close eye on these six stocks.
Another big snowstorm is predicted for the Northeast this week, so can you profit from it? The answer is yes, according to Jeff Hodgson, president of Chicago Weather Brokerage, part of the CME Group.
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.
Citi was down 4 percent pre-open; after the open, the shares continued to drop. It was especially disappointing because...
US stocks looked set to open flat to negative on Tuesday, with Nasdaq futures under pressure from Apple and Citigroup weighing on the other major indices.
We updated this post with even more plays from the Fast Money traders!
A top banking analyst and the "Fast" traders discuss which of the 10 banks reporting next week are worth buying now.
Investors shouldn’t let airlines’ performance during bad weather, like the snowstorm this week, determine whether they invest in the industry, analyst Matt Jacob told CNBC Wednesday.
At a dinner of media, advertising and Internet execs, hosted by consulting company MediaLink LLC, Rupert Murdoch stood up and raised a glass, saying it's more important than ever for News Corp to work with technology companies early in their content development process.
Typically when oil prices go up, airline stocks go down. But this recovery has been very different. The airline industry seems to be going through a rational recovery for the first time in many, many cycles