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For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
All Nippon Airways, Japan's second-largest airline, said on Wednesday it may cut services and its bigger rival Japan Airlines was reported to be following suit, due to soaring costs for aviation fuel.
U.S. light, sweet crude oil prices -- trading on the Nymex -- could fall toward $100 per barrel in the short term, Nick Batsford of Hobart Capital told CNBC.
The commodity decline that began a month ago and accelerated yesterday is continuing this morning. Traders are worried about the muted reaction from the stock market and are hopeful we will get a better reaction today.
To give investors an edge, CNBC asked the experts for their best trades now.
Former and current CEOs across various industries discussed the economy, energy prices, the state of the airline industry and more on CNBC this morning.
Nearly 1.7 billion shares and more than $18 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
Airline manufacturers are trying to bolster their green credentials by playing down the importance of speed and lauding initiatives to reduce the environmental impact of flying, as well as the cost.
Diversified U.S. manufacturer United Technologies said Thursday quarterly profit beat Wall Street forecasts, on solid demand for Otis elevators and fire and security equipment from the commercial construction sector, and boosted its full-year profit outlook.
Over 1.4 billion shares and $16.5 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
Continental Airlines on Thursday reported a quarterly loss, citing high fuel prices, a weakening economy and a weak U.S. dollar.
Stocks closed with huge gains as drop in oil prices boosted sectors previously battered by energy costs. Financials also moved sharply higher.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Founded in 1924 as a crop duster, this Atlanta-based airline is now the country's third largest carrier. The stock had one of its best takeoffs ever today after a drop in oil combined with a better than expected earnings report. Who is it?
Stocks pushed higher as oil plunged for the second day in a row and financials staged an across-the-board rally that stemmed investor pessimism about the effects of inflation on the economy.
Delta Air Lines on Wednesday reported a $1 billion quarterly loss after special charges, as the airline industry continues to struggle with sky-high fuel prices.
Oil's move could be a key trend in Wednesday's markets, as traders watch more Fed testimony, a bunch of earnings reports and another helping of inflation data.
Check out our “Fast & Furious” trades. Yes, now we bring you even more Fast ways to trade tomorrow's market moving events.
Jim Rogers has a sector pick -- and a major pan: The investor nixed a Fannie Mae/Freddie Mac bailout. So what -does- he like?
Nearly 1.4 billion shares and $15.4 billion traded Friday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
Nearly 1.5 billion shares and $16.8 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...