The "Fast Money" traders give their final trades of the day.» Read More
The "Fast Money" traders give their final trades of the day.
DALLAS— Southwest Airlines expects to begin flights to Belize City next year as it expands international service. Southwest said that it also plans to fly to four destinations in Mexico— Mexico City, Cancun, Puerto Vallarta and Los Cabos— and to San Jose, Costa Rica, from a new international concourse being built at Houston's Hobby Airport. Southwest has taken over...
Delta Air Lines Inc. said that its pretax income will jump to more than $5 billion in 2015, up from an estimated $4.5 billion this year and nearly double the 2013 gain. "2015 will be a fantastic year," CEO Richard Anderson said. Analysts at Barclays estimate that U.S. airlines will save $10 billion next year because of cheaper fuel.
GENEVA— Flying could get cheaper next year as airlines say they will finally start passing on some of the savings made on plummeting oil prices. That's when airlines' fuel costs will start reflecting the recent plunge in energy markets, says IATA's chief economist, Brian Pearce. "It's going to be six months or so before airlines are seeing lower fuel costs, and at...
Jim Cramer thinks that the market decline that occurred on Tuesday actually made a lot of sense. What the heck? Here's why.
Conn's Inc. fell 40.6 percent to $20.83. Affimed NV fell 17.9 percent to $5.79. Spirit Airlines Inc. fell 12.7 percent to $73.77.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Merck& Co., down $1.87 to $60.01. T-Mobile US Inc., down $2.35 to $25.85.
"We were surprised to hear Spirit indicate that it is seeing pricing pressure as a result of airlines trading off lower fuel costs for lower yields," said Joseph DeNardi, an analyst for Stifel, Nicolaus& Co.. Spirit now faces tougher competition in the Dallas area, one of its biggest markets, from new long-haul flights on Southwest Airlines. Raymond James downgraded...
Some of Tuesday's midday movers:
The Shanghai Composite recorded its biggest drop in about five years as the oil price slide continued to weigh on Middle East indices.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Southwest Airlines appears to be one of the biggest winners of oil's slide.
Which retailers are getting a lump of coal for customer service this year? TODAY reports.
Nov 14- Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared almost 30 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence. At the high, the stock was trading 8.08 times 2013 earnings per share, compared with Southwest Airlines Co's multiple of 37.43 and...
Though the low-cost airline made its public debut on Friday, its rivals still appear more attractive, CNBC's Jim Cramer says.
Nov 14- Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared as much as 28 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence. Virgin America's shares rose to a high of $29.48 on Friday, valuing the company at about $1.3 billion. Virgin America is the U.S....
Nordstrom bucked the trend of lower sales in department stores, while Cosi joined other restaurants in pointing to high food costs for its earnings miss.
Some of Thursday's midday movers:
After an incoherent conference call and a market rally, "Mad Money" host Jim Cramer has had enough.
Some of the names on the move ahead of the open.