Some of Thursday's midday movers:» Read More
WASHINGTON/ NEW YORK, Nov 12- US Airways Group Inc and American Airlines will give low-cost competitors more access to a half dozen key U.S. airports, including New York and Washington, D.C., in exchange for permission to merge and create the world's largest airline.
*US Airways shares fall after antitrust settlement. Shares of Pioneer Natural Resources, up 77 percent this year, led the S&P Energy sector lower, with a 3 percent loss to $183.47. We've had a technical breakdown here with a lot of consolidating, "said Dennis Dick, proprietary trader at Bright Trading LLC in Las Vegas.
Some of Tuesday's midday movers:
*Airbus Jan-Oct deliveries 504, Boeing 530. PARIS, Nov 7- Europe's Airbus extended its lead over Boeing in a hard-fought order contest in October, but remained behind on deliveries, leaving its U.S. rival in the industry's no.1 spot.
Airlines are using new seat designs that allow an extra row of seats into economy cabins and, in some cases, an extra seat into existing rows.
NEW YORK, Nov 4- It's a good time to be a stock picker. Some 57 percent of U.S. funds run by active managers are beating their benchmark indexes this year, according to fund-tracker Morningstar.
Airlines are on track to collect a record $42.6 billion in ancillary revenue, according to a new study.
*Southwest in line, Alaska Air tops estimates. Oct 24- Southwest Airlines and United Continental Holdings made more money in the third quarter as higher airfares bolstered revenue, capping a strong week of earnings for major U.S. airlines that bodes well for the current period.
Southwest Air reported earnings in-line with estimates, and the revenue per seat mile is up 5 percent in Q3, reports CNBC's Phil LeBeau. A look at why United is lower.
CHICAGO, Oct 24- United Continental Holdings Inc, which owns United Airlines, missed quarterly profit estimates on Thursday as the airline still struggled to consolidate itself nearly three years after a merger that created the world's biggest airline.
The habit of beating on the quarter and then lowering expectations for the next quarter is continuing in this quarter as well.
U.S. stock index futures signaled a higher open on Thursday, with markets still boosted by raised hopes the Federal Reserve will not start tapering off its asset purchases until next year.
The stocks moving before the bell.
The 16-day federal government shutdown in October will be a headwind at Southwest Airlines in the final three months of the year, chairman and CEO Gary Kelly told CNBC.
Oct 24- U.S. carrier Southwest Airlines Co said on Thursday that quarterly profit rose as fuel costs fell and higher airfares bolstered revenue. Net income was $259 million, or 37 cents a share, in the third quarter, compared with $16 million, or 2 cents a share, a year earlier.
A new Colloquy study has found heirs may have trouble claiming inherited reward miles or points. Do you need a mileage estate plan?
Gary Kelly, Southwest Airlines president & CEO, breaks down his company's Q3 earnings and provides an outlook on the holiday travel season, which at this point shows "strong bookings."
Oct 24- Southwest Airlines Co said on Thursday that quarterly profit rose as fuel and maintenance costs fell. Net income was $259 million, or 37 cents a share, in the third quarter, compared with $16 million, or 2 cents a share, a year earlier. Excluding special items, the company said profit was 34 cents a share.
Oct 23- US Airways Group Inc reported lower third-quarter profit on Wednesday as it set aside more money for taxes and recorded merger costs, sending its shares down nearly 2 percent.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.