The "Fast Money" traders share their final trades of the day.» Read More
Driven by soothing words from the Fed Chairman and the market's own mania for deals, stocks closed out last week on a high note. This week, traders will be ready to pounce on any news that will reinforce the view that the Fed might cut rates this year after all.
Mergers and would be-mergers, housing starts and producer prices could all influence the market today. Stocks look a bit weak on the opening after clinging to small gains yesterday that put the Dow at another record.
A day after the worst public relations setback in JetBlue Airways' brief seven-year history, the chief executive of the upstart airline told CNBC the situation "spiraled out of control" as passengers were left waiting on planes for more than 10 hours due to bad weather.
The chief executive of JetBlue Airways apologized on CNBC for his company's handling of major flight delays in New York Wednesday and said the debacle will cost the carrier millions of dollars. "We didn't handle it well," CEO David Neeleman said during an interview on CNBC's "Closing Bell."
The "Bill of Rights" Kate Hanni supports doesn't concern free speech or search-and-seizure: it's more about breathable air and sanitary rest rooms -- and being released from a grounded airplane in no more than three hours. Hanni is the chairwoman of the Coalition for Airline Passengers, and she joined "Closing Bell" to talk about the aftermath of last night's grueling JetBlue faux pas -- and what she hopes will come of it.
The Dow Jones Industrials closed at another record high as positive momentum trumped a weak manufacturing report. "The markets are floating on a sea of liquidity, but the real driver of this market is the increasing risk appetite of investors." Jeffrey Saut, Chief Investment Strategist at Raymond James, told CNBC.com.
Stocks are grounded for now, after flying high yesterday on Fed Chairman Ben Bernanke's soothing comments about inflation. The markets look flat to mixed ahead of the open and a bunch of economic data. More testimony from Bernanke and several key data points could determine direction.
Most people have encountered professional challenges of one kind or another. But as any successful entrepreneur will tell you, success comes after you master the art of making lemonade, so to speak. On today’s “Squawk Box," CNBC spoke with three high-profile business leaders who prevailed after suffering a serious setback.
JetBlue, the No. 8 U.S. carrier by passenger traffic, posted a net profit of $17 million, or 10 cents a share, compared with a loss of $42 million, 25 cents a share.
A flurry of consolidation talk has fueled airline stocks the last few weeks. But what's it all mean for the airlines as we head into 2007? On "Morning Call" Roger King--airline analyst at Credit Sights and Ray Neidl of Calyon Securities gave their take--and gave their favorite stock recommendations.
JetBlue Airwayssaid it expects to increase its capacity by 13% to 15% in the fourth quarter.