*Brent crude nears 7- year low after OPEC meeting. Dec 7- Wall Street fell on Monday as energy and raw material stocks took a hit, with oil prices falling to their lowest in nearly seven years. Brent crude and U.S. crude extended their decline and fell as much as 5 percent, after OPEC's meeting last week failed to address a growing supply glut.
The S&P 500 recovered after falling earlier to within 0.26 percent of lows it touched in August, when fears of a slowdown in China shocked global markets. A retest is a good thing but it needs to hold, "said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin. Seven of the 10 S&P sectors rose, with the healthcare index up 0.9...
Sept 29- U.S. stocks moved lower on Tuesday as concerns about the health of the global economy kept investors cautious after more than month of turbulence. A rebound in healthcare stocks lost some steam in afternoon trading, but the sector looked set to snap a seven-day losing streak, providing a degree of succor to traders worried about a China- led global...
Sept 29- U.S. stocks gave up some of their early gains in afternoon trading on Tuesday as investors remained cautious amid lingering concerns about the health of the global economy. A rebound in health care stocks, which looked set to snap a 7- day losing streak, provided some succor to investors worried about a China- led global slowdown. "Investors are still very...
*Consumer confidence highest since January. Sept 29- Wall Street was higher on Tuesday as shares of health care companies and raw material producers bounced back and data showed consumer confidence was at its highest since January. Democratic presidential candidate Hillary Clinton criticized drug pricing.
Wall Street closed sharply lower on Monday as waning demand from China pressured raw material prices and a selloff in biotech stocks rattled investors. "There is a bit of a relief rally and there appears to be an anemic balance after yesterday's heavy selloff," said Adam Sarhan, chief executive of Sarhan Capital in New York. "I think a lot of traders are hoping that...
Sept 29- U.S. stock index futures were up on Tuesday, a day after concerns about waning demand from China and a selloff in health care shares rattled investors and added to the uncertainty around the timing of a U.S. interest rate increase. *Goldman Sachs said it expects sales growth for S&P 500 companies in aggregate to shrink this year for the first time in five...
Travel-related shares were mixed after N.Y. officials confirmed the state's first case of the Ebola virus, but losses were capped by upbeat earnings.
Airline shares fell sharply after the CDC said they were searching for 132 Passengers who flew with the latest Texas Ebola patient.
Some of the names on the move ahead of the open.
Airlines bucking the lower trend this morning: Delta, United Continental, US Airways, and Republic Airways rise three to four percent.
Some airlines are beginning to offer higher-quality and healthier meal options, according to a new survey ranking North American airlines. Where does your preferred airline rank?
INDIANAPOLIS-- Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years. Major airlines such as Delta and United hire regional operators like Republic's Chautauqua to handle flying from smaller cities to their hubs.
--Abiomed Inc rescheduled second-quarter conference call to Nov. 1 at 8 am Eastern Time. --Accelrys Inc rescheduled third-quarter results to Oct. 31, after market. Its conference call will be held on Nov. 1, 9.30 am Eastern Time.
--Acorda Therapeutics Inc: rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. --Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. --AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30.
INDIANAPOLIS-- Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.
Oct 2- Republic Airways Holdings Inc:. *Frontier Airlines reports September 2012 traffic. *For September, Frontier's load factor increased 2 percentage points to 88%.
Oct 2- Republic Airways Holdings Inc:. *September load factor 82 percent versus 80 percent year ago. *Says company generated approximately 1.6 billion revenue passenger miles in.
American Airlines is resisting the campaign by US Airways to merge, saying it can exit bankruptcy reorganization strong enough to compete with United and Delta.
In a speech at the National Press Club in Washington, D.C., US Airways CEO Doug Parker outlined why US Airways and American Airlines should merge.