For thousands of Americans who flew this spring, fewer flights arrived on time and more of their bags were mishandled by airlines.» Read More
Continental Airlines has called off talks with United Airlines because of the other carrier's weak financial condition, and "the increasing cost of oil increases the risk of doing an airline merger," a source briefed on that matter said Sunday.
The parent of United Airlines, which held unsuccessful merger talks with Continental Airlines, said on Sunday it would pursue all options to ensure a sustainable future.
American Airlines has had early-stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines, sources briefed on the situation said.
Following are the week’s biggest winners and losers. Find out why shares of Goodyear and Visa popped while Delta and Mattel dropped.
It's a booyah-free zone. There goes Swifty!
Stocks closed higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.
Stocks ticked higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.
Stocks ticked higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker.
Stocks waffled Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker.
Futures about flat as oil is at least down a bit this morning. Earnings were mixed, and an IPO pricing was a bit disappointing. Boeing better than expected. ... How much money can an airline lose? Delta lost $6.4 billion, or $16.15 a share; its merger partner Northwest reported a net loss of $4.1 billion, or $15.78 a share...
Delta Air Lines, the No. 3 US carrier, posted a first-quarter loss as high fuel costs and a weakening economy roil the industry.
Oil prices are finally at the level where stock investors are taking note, but some traders think they still aren't paying enough attention.
Stocks opened lower Tuesday after disappointing guidance from Texas Instruments.
Five of the six major airlines in the United States plan to start charging coach passengers as much as $25 next month to check a second bag, the latest move in their quest to offset high fuel prices.
Big banks topped this week's investing news as they continued to fight their way through the subprime mortgage mess. For some, like JPMorgan Chase and Citigroup, which both reported earnings this week, it meant continued writedowns.
For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
Continental Airlines and Southwest Airlines, two of the healthiest major U.S. carriers, said Thursday that record-high fuel costs led to disappointing quarterly earnings and they cut growth plans.
Southwest Airlines on Thursday posted lower first-quarter earnings as a weak U.S. economy and record fuel costs took their toll on the leading U.S. discount carrier.
Intel shares gapped higher after hours on guidance, setting up for a higher market open Tuesday. Also, a breakdown of the oil trade, CSX earnings and more.
Finally, a little bit of good news -- from Intel, trading up 7 percent after the close. (IBM reports tomorrow.) Why no rally from the airlines, despite the Delta-Northwest merger? Traders, to a man, pointed to oil...