Growing fears of a volcanic eruption Iceland left investors on edge Wednesday with airlines braced for potential disruption.» Read More
Airfares at major U.S. airlines are climbing again, continuing a dizzying pace of nearly weekly increases on both penny-pinching vacationers and expense-account corporate fliers.
Stocks ended sharply higher after rallying throughout the session Thursday as an upbeat report on jobless claims and falling oil prices led investors to retrace losses from earlier in the week ahead of a key jobs report on Friday. Caterpillar and Bank of America gained.
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Airlines have become more aggressive in canceling flights before major winter storms rather than trying to fight their way through the snow. The New York Times reports.
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See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
But don't despair, the cold weather has them hot for another.
Airline investors may have to wait until better weather comes their way as winter storms and new rules are causing havoc in the industry, said Helane Becker, airlines analyst at Dahlman Rose.
You don’t need us to tell you it’s been a wicked winter. With snow and ice storms blanketing half the nation, how should you play airlines?
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.
Stock index futures pointed to a higher open on Wednesday as investors gear up for the Federal Reserve’s policy statement and turn more bullish on remarks made by President Obama in his State of the Union address.
Typically when oil prices go up, airline stocks go down. But this recovery has been very different. The airline industry seems to be going through a rational recovery for the first time in many, many cycles
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The blizzard that nailed the Northeast this week disrupted air travel smack dab in the middle of the holiday season, causing headaches to passengers and airlines alike, but carriers are seen suffering little financially from the storm.
As blizzards across the northeast caused hundreds of cancelled flights and closed airports, Scott Nations is turning bearish on one airline in particular.
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Southwest doesn’t quite fly on auto-pilot, but as it prepares for its 40th birthday next year, it is flush with success, the New York Times reports.
Stocks were higher Thursday as GM shares surged in their trading debut and optimism grew for a deal to ease Ireland’s debt crisis. Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates and Patrick Becker, principal at Becker Capital Management shared their best value plays.
Airlines have been flying high on strong earnings, but many option traders aren't on board. OptionMonster's tracking systems have been detecting heavy call selling and put buying in the sector, reflecting a generally skeptical attitude by traders.
Stocks closed modestly higher after a see-saw session as the dollar rose, and investors absorbed the meaning of a large batch of earnings reports and economic news. Home Depot and United Technologies rose, while Bank of America and Alcoa fell.