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  • Pro: The bull needs to take a breath

    Anastasia Amoroso, VP and Global Market Strategist of J.P. Morgan Funds; Ben Willis, Managing Director/Trader of Princeton Securities Group; and CNBC's Rick Santelli discuss the current state of the market.

  • MILAN, July 21- The United States will ship its first liquefied natural gas cargo through an expanded Panama Canal next week. A day later BP Plc's British Merchant will begin passing through the Panama Canal also carrying cargo from the United States to Manzanillo on Mexico's Pacific coast, Kpler LNG said. The Panama Canal Authority confirmed the Maran Gas...

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. State-owned SriLankan Airlines aims to reduce its debt and is looking for an international partner to...

  • CHICAGO, July 21- Full-year 2016 freight volumes at Union Pacific Corp could fall between 6 percent and 8 percent from 2015, driven by declining coal volumes, weak shale oil business and the strong U.S. dollar, the company's top executive said on Thursday. Chief Executive Lance Fritz told Reuters a "not very robust" showing by U.S. consumers would also hurt freight.

  • *Airlines slump as Lufthansa issues profit warning. LONDON, July 21- European stocks edged lower on Thursday, as a drop in the shares of major airlines offset gains in some banks, propped up by signals of support for the sector from the European Central Bank. Airline stocks fell amid fears some consumers may avoid travelling abroad for holidays after last week's...

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. "A team from the airline is in Pakistan for negotiations. We will lease one A330, latest next month, on wet...

  • *Airlines slump as Lufthansa issues profit warning. LONDON, July 21- European stocks made little progress on Thursday, as a drop in the shares of major airlines offset gains in some banks which were propped up by more signs that the ECB would look to support the sector. Airline stocks fell amid fears that consumers may avoid travelling abroad for holidays after...

  • Two of the region's top carriers have warned that demand for flights is being weighed down by extremist attacks, shocks like Britain's vote to leave the European Union, Turkey's attempted military coup, strikes and severe weather. Germany's biggest carrier, Lufthansa, warned its profits would be lower than expected as "advance bookings, especially on...

  • DALLAS— Hundreds of Southwest Airlines flights across the country were delayed or canceled Wednesday after technology problems prevented many travelers from checking in or boarding flights. Southwest began having intermittent problems with several computer systems after an outage around 2 p.m. Central time. Southwest briefly held planes at their gates,...

  • COLOMBO, July 21- Sri Lanka's cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said on Thursday, months after cancelling an order for four Airbus A350 aircraft. We will lease one A330, latest next month, on wet lease, " Kabir Hashim, Minister of Public Enterprise...

  • July 21- Southwest Airlines Co reported a lower-than-expected quarterly profit as costs rose and the budget airline forecast a drop in a key profitability metric for the third quarter. Southwest shares fell 3.6 percent to $40.50 in light premarket trading on Thursday. Southwest's total expenses rose 2 percent to $4.11 billion in the second quarter.

  • *Nice attack, Turkey attempted coup unsettle travellers. LONDON, July 21- Last week's deadly attack in Nice and attempted coup in Turkey have created fresh turmoil for European airlines already grappling with the fallout of "Brexit," with easyJet saying it was unable to give an earnings forecast and Lufthansa warning on profit. While Lufthansa did not refer to...

  • DALLAS— Record revenue and cheaper fuel pushed Southwest Airlines' second-quarter profit up by 35 percent, to $820 million. That was short of Wall Street expectations, however, and Southwest predicted Thursday that a key revenue figure will turn down in the July-through-September quarter. Southwest shares plunged 11 percent in afternoon trading, wiping out...

  • LONDON, July 21- European stock markets fell on Thursday, weighed down by a drop in the shares of major airlines after Lufthansa issued a profit warning. The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both down by 0.5 percent, with many investors focusing on the European Central Bank's meeting later in the day. We don't own any airline...

  • LONDON, July 21- European shares were steady on Thursday, propped up by gains at consumer goods group Unilever and aluminum producer Norsk Hydro, although airline stocks slumped. The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both flat, with many investors focusing on the European Central Bank's meeting later in the day, at which the ECB...

  • easyJet, Europe's No. 2 low-cost carrier behind Ryanair, failed to provide a profit guidance for the twelve months ended Sept. 30 on Thursday, marking a departure from previous years when it has provided a profit range. The airline said its fourth quarter performance would be affected by two events last week in two of its destinations: the truck attack in Nice,...

  • LONDON, July 21- British low-cost airline easyJet reported an 8.3 percent drop in quarterly revenue per seat, broadly in line with an earlier warning over the impact of cancelled flights, and said that the outcome for the fourth quarter was uncertain. easyJet, Europe's No. 2 low-cost carrier behind Ryanair, said its fourth quarter performance would be affected by...

  • July 20- Delta Air Lines Inc said its $1.9 billion plan to upgrade its terminals at Los Angeles International Airport were approved by the airport on Wednesday. Under a lease approved by Los Angeles World Airports' Board of Airport Commissioners, the carrier will connect terminals 2 and 3 over the next seven years and relocate there from terminals 5 and 6..

  • SYDNEY— A flight from Sydney to Thailand was diverted to Indonesia to offload six rowdy passengers, the airline said on Thursday. Jetstar Flight JQ27 was diverted to Bali on Wednesday night after the six who were traveling together to the tourist island of Phuket became "extremely disruptive among themselves" and refused requests from the crew, the Australian...

  • GRAPEVINE, Texas— Dallas-Fort Worth International Airport officials say some runways were briefly closed as police responded to a driver who led them on a chase and refused to exit her car. The FAA briefly closed runways in the vicinity but flight operations quickly resumed. An FAA spokesman said fewer than 10 flights were delayed.