Despite a rise in the price of oil Monday, airline stocks hold upside moving forward, one "Fast Money" trader said.» Read More
U.S. stocks closed more than 2 percent higher, rebounding from their second-worst week for the year as gains in global markets boosted sentiment.
Airline company stocks are soaring this week, but one trader bets that one in stock particular is primed to fall.
U.S. stocks closed sharply higher, partly recovering from the worst start to September in 13 years, as investors eyed global markets, data, and oil.
Visa and MasterCard are in talks with Fidelity to replace AmEx, Bloomberg cited the sources as saying.
Wells Fargo analyst Scott Wren explains why he's keeping his S&P price target at 2,150 to 2,250.
U.S. stocks closed deep in the red as global growth concerns accelerated selling pressure to push the Dow and Nasdaq into correction territory.
U.S. stocks closed near session lows as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth.
Goldman Sachs gave clients a number of stocks that should benefit if oil prices keep sliding.
With U.S. stocks choppy again Wednesday, investors sought safe picks in an increasingly uncertain market.
Aug 11- Complaints about airline service grew during the first half of this year as consumers reported more concerns about airfares, according to a report released Tuesday by the U.S. Bureau of Transportation Statistics. The report said the U.S. Transportation Department received 9,542 complaints about U.S. airlines, foreign carriers and others in the travel...
"Halftime Report" trader Joe Terranova made Twitter one of his top holdings for the CNBC Pro model portfolio competition.
The company's shares jumped as much as 7 percent to $80.14 in regular trading, after Bloomberg reported that ValueAct had built a $1 billion stake and was seeking "shareholder-friendly" changes. AmEx is not yet a core active target of ValueAct, Bloomberg said, citing people with knowledge of the matter. However, the fund could sell its stake in AmEx if it decides...
Aug 6- A U.S. Senate report called for greater transparency in air fares after finding that some airline fees, such as change and cancellation penalties and preferred seating, are hiding the true cost of air travel. The report by the minority staff of the Senate Commerce Committee on Thursday found, among other issues, that travelers buying preferred seats on an...
The corporate aftermath of Cecil the lion's death continues, with some positive and some negative updates for companies.
The "Fast Money" traders give their final trades of the day.
The Fed meets next week, but a commodities meltdown and earnings season are adding to concerns about global growth and may steal some of its thunder.
WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four U.S. airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Transportation Secretary Anthony Foxx said the investigation involved Delta Air Lines Inc,...
Five American airlines are under investigation for possible price-gouging after a deadly Amtrak crash in Philadelphia in May.
*2nd- qtr earnings $1.42/ shr vs est $1.32/ shr. This helped AmEx report earnings of $1.42 per share instead of $1.32 per share as analysts had estimated, according to Thomson Reuters I/B/E/S. AmEx's net income attributable to common shareholders fell 5 percent to $1.44 billion as a stronger dollar cut into revenue from markets outside the United States.
July 22- Credit card issuer American Express Co reported a 5 percent fall in quarterly profit as a stronger dollar reduced revenue from markets outside the United States. The company's net income attributable to common shareholders declined to $1.44 billion, or $1.42 per share, in the second quarter ended June 30, from $1.52 billion, or $1.43 per share, a year...