While lower oil prices contributed to a 21 percent slump in Occidental Petroleum's third-quarter profit, they have bolstered airline company earnings.» Read More
Health officials downplayed the possibility that any of the 132 passengers on Frontier Airlines Flight 1143 from Cleveland to Dallas-Fort Worth could have gotten infected. Tony Tyler, CEO of the International Air Transport Association trade group, said Ebola was unlikely to reduce travel. "You can't rule out that worry about this disease could cause a drop in...
Delta Air rose$. 20 or. 6 percent, to $32.99. JetBlue Airways Corp. rose$. 09 or. 8 percent, to $10.32. Southwest Airlines Co. rose$. 12 or. 4 percent, to $30.12.
Delta Air rose $1.89 or 6.1 percent, to $32.79. JetBlue Airways Corp. rose$. 82 or 8.7 percent, to $10.23. Southwest Airlines Co. rose $1.12 or 3.9 percent, to $30.00.
Stocks failed to hold gains after a strong rally, as oil's late-day plunge overshadowed the bounce in tech, transports and industrials.
Delta Air rose $1.88 or 6.1 percent, to $32.78. JetBlue Airways Corp. rose$. 89 or 9.5 percent, to $10.30. Southwest Airlines Co. rose $1.85 or 6.4 percent, to $30.73.
Some of Tuesday's midday movers:
Global airline stock rallied Tuesday after the previous session's sharp sell off, with American Airlines leading the sector's gains.
Delta Air rose$. 84 or 2.7 percent, to $31.74. JetBlue Airways Corp. rose$. 18 or 1.9 percent, to $9.59. Southwest Airlines Co. rose$. 02 or. 1 percent, to $28.90.
Take a look at some of Tuesday's midday movers:
*VIX close is highest since June 2012. NEW YORK, Oct 13- The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen U.S. earnings, along with concern about the spread of Ebola. Shares of ConocoPhillips slid 3.3 percent to $68.07.
*VIX at highest close since June 2012. NEW YORK, Oct 13- U.S. stocks dropped more than 1 percent on Monday, with the S&P 500 closing below a key technical support level, as declines in energy and airline shares led a late-day selloff. The CBOE Volatility index ended at 24.64, its highest close since early June 2012.
NEW YORK, Oct 13- Shares of little-known medical equipment and biotech companies jumped on Wall Street on Monday, after news that a nurse had become the first person to contract the deadly Ebola virus in the United States. Shares of biotechnology company Ibio Inc, hazmat suits maker Lakeland Industries Inc, and face mask maker Alpha Pro Tech Ltd all ended the day...
Art Cashin of UBS Financial Services says the global growth picture is not very bright, and that's dragging down major indexes around the world.
NEW YORK— If you're a driver, a shipper or an airline, low oil prices sure feel nice. "Initially, will provide a boost to an economy that already has some momentum," says Diane Swonk, chief economist at Mesirow Financial. Drilling in areas of North Dakota and Texas, for example, produces only a slight output per day.
Delta Air fell$. 71 or 2.2 percent, to $32.20. JetBlue Airways Corp. fell$. 14 or 1.3 percent, to $9.93. Southwest Airlines Co. fell$. 68 or 2.2 percent, to $29.89.
The fire forced the evacuation of the FAA control center in Aurora, Illinois on Sept. 26. Operations were slowly returned to near normal at O'Hare International Airport and Chicago Midway International Airport in the days after the fire by shifting nearly 200 workers and responsibilities to other sites, the FAA has said. Harris Corp, the FAA telecommunications...
Delta Air fell$. 53 or 1.6 percent, to $32.38. JetBlue Airways Corp. fell$. 05 or. 5 percent, to $10.01. Southwest Airlines Co. fell$. 54 or 1.8 percent, to $30.03.
Some facts and figures about Southwest Airlines' expansion at Dallas Love Field:. —New destinations: Baltimore, Chicago, Denver, Las Vegas, Los Angeles, Orlando and Washington starting Monday; Atlanta; Fort Lauderdale and Tampa, Florida; Orange County and San Diego, California; Nashville; New York; and Phoenix, starting Nov. 2. —Southwest expects to operate about 160...
*U.S. war funds finally approved to fight Ebola in West Africa. Oct 10- A commercial plane was briefly quarantined on a Las Vegas airport tarmac on Friday, sending airline shares down as worldwide fears increased that Ebola could spread outside West Africa, where it has killed more than 4,000 people. Airline and hospital officials said a Delta Air Lines plane was...
The options market is betting on a 30 percent rally in one airline.