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  • M/I Homes posts 2Q profit Thursday, 23 Jul 2015 | 8:48 AM ET

    COLUMBUS, Ohio _ M/I Homes Inc. on Thursday reported second-quarter net income of $13.4 million. M/I Homes shares have increased slightly more than 8 percent since the beginning of the year. Keywords: M/I Homes, Earnings Report.

  • Brazil regulator approves Delta Air Lines, Gol deal Thursday, 23 Jul 2015 | 8:09 AM ET

    SAO PAULO, July 23- Brazil's antitrust watchdog Cade approved with no restrictions a $446 million agreement between U.S. carrier Delta Air Lines Inc and Brazil's Gol Linhas Aereas Inteligentes SA to expand their alliance. Under the deal announced earlier this month, Delta will increase its share in Gol to about 10 percent from its current 3 percent as the...

  • Waste Management tops Street 2Q forecasts Thursday, 23 Jul 2015 | 7:54 AM ET

    HOUSTON— Waste Management Inc. on Thursday reported second-quarter profit of $274 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share. Five analysts surveyed by Zacks expected $3.29 billion.

  • July 23- United Continental Holdings Inc on Thursday reported a 51 percent rise in quarterly profit, helped by lower fuel and maintenance costs, and announced a $3 billion buyback plan. The Chicago- based airline earned $1.19 billion, or $3.14 cents per share, for the second quarter ended June 30, up from $789 million, or $2.01 per share, in the year ago period.

  • DALLAS— Southwest Airlines is packing more passengers on planes than last summer and paying sharply lower prices for fuel. Southwest said Thursday that it earned a record $608 million in the second quarter, up 31 percent from a year earlier. Southwest benefited from the sharp drop in oil prices late last year.

  • Flight makes emergency landing after passengers feel ill Wednesday, 22 Jul 2015 | 12:15 PM ET

    GRAND JUNCTION, Colo.— A flight from Denver to Los Angeles was diverted to Grand Junction on Wednesday after a number of passengers reported feeling ill. United Airlines spokeswoman Jennifer Dohm said the crew of the Airbus A320 deployed oxygen masks and decided to land in the western Colorado city. Jeremy Kissinger, an event coordinator on his way to Los Angeles...

  • Revenue performance in the three months to the end of June was better than easyJet had forecast in May, boosted by increased demand for flights to southern European resorts such as Malaga, Alicante and Faro from northern Europe, and Britain in particular. Shares in easyJet, Europe's second biggest budget airline after Ryanair, gained 4.3 percent to 1,739 pence...

  • LONDON, July 22- British low-cost airline easyJet guided to annual profit growth of up to 14 percent, and said some of the headwinds it had flagged two months ago had been offset by higher demand on beach holiday routes. The guidance from easyJet, Europe's second-biggest budget carrier, comes after it said in May that competitive pressure on ticket prices meant...

  • easyJet guides to FY profit growth of 7-14 percent Wednesday, 22 Jul 2015 | 2:15 AM ET

    LONDON, July 22- British low-cost airline easyJet guided to annual profit growth of between 7 percent and 14 percent, putting it on track at the mid-point to meet analyst forecasts for a 10 percent rise. Easyjet's guidance, its first on its full-year outcome, comes after Europe's second-biggest budget carrier had in May flagged headwinds from competitive...

  • Adani suspends two Carmichael contractors - SMH report Tuesday, 21 Jul 2015 | 10:40 PM ET

    SYDNEY, July 22- India's Adani Mining has suspended two major contractors on its A $10 billion Carmichael coal project in Australia, the Sydney Morning Herald reported on Wednesday, raising fresh doubts about the project's future. Project manager Parsons Brinckerhoff and Korea's POSCO Engineering& Construction Co Ltd, which is also touted as an investor in...

  • Why airlines keep pushing biofuels: They have no choice Tuesday, 21 Jul 2015 | 12:51 PM ET

    As people in countries such as China, India and Indonesia get wealthier they are increasingly turning to air travel for vacation or business, creating an enormous financial opportunity for the airlines. The number of passengers worldwide could more than double, to 7.3 billion a year, in the next two decades, according to the International Air Transport...

  • RIO DE JANEIRO, July 20- Three executives of Brazil's Camargo Correa group were convicted on Monday of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras. The ruling was handed down by Judge Sergio Moro of Brazil's...

  • BEIJING, July 20- China's Spring Airlines plans to raise up to 4.5 billion yuan in private share placements to fund internet projects and the purchase of new aircraft, it said on Monday. Spring Airlines is not alone in stepping up efforts to tap China's booming air travel market. Shenzhen Airlines has struck a $4.3 billion deal to buy 46 Boeing 737 s, parent Air China...

  • Air Madagascar workers end crippling strike action Saturday, 18 Jul 2015 | 3:16 AM ET

    ANTANANARIVO, July 18- Air Madagascar workers ended a strike on Friday that has grounded most of the state-owned carrier's fleet for weeks, after union officials and the carrier signed a deal. The strike started on June 15 over what workers said was poor governance and mismanagement of the airline, leading to a 65-70 percent cancellation of flights.

  • LONDON/ BRUSSELS, July 17- A year after the downing of MH17, Europe's intelligence agencies remain reluctant to share information that might help airlines detect threats from ground-based conflicts in future, the region's aviation safety chief said on Friday. Malaysia Airlines flight 17, flying from Amsterdam to Kuala Lumpur, was shot down over eastern...

  • The U.S. Federal Aviation Administration also issued a statement acknowledging that testing it has "conducted on the transport of lithium batteries has indicated that it presents a risk." The guidance sent to airlines around the globe urged that they not carry the batteries as cargo "until safer methods of packaging and transport are established and...

  • WASHINGTON, July 17- Boeing Co said on Friday it will take a $536 million after-tax charge in its second-quarter results to deal with problems in the fuel system on the KC-46A aerial refueling tanker it is developing for the U.S. Air Force. The world's biggest commercial planemaker, which is also a major defense contractor, beat European rival Airbus to win the...

  • The Commerce Department said Friday that housing starts in June climbed 9.8 percent to a seasonally adjusted annual rate of 1.17 million homes. All of that growth came from a 28.6 percent surge in multi-family housing that put apartment construction at its highest rate since November 1987. "The residential market recovery is here, and it is strong and...

  • July 17- Honeywell International Inc, a U.S. manufacturer of aerospace parts and climate control systems, reported a better-than-expected rise in quarterly profit, helped by cost controls. Honeywell said it expects margins to expand further in the second half of 2015.. Net income attributable to Honeywell rose to $1.20 billion, or $1.51 per share, from $1.10...

  • Honeywell profit rises 9 pct as costs fall Friday, 17 Jul 2015 | 7:10 AM ET

    July 17- Honeywell International Inc, a U.S. manufacturer of aerospace parts and climate control systems, reported a 9 percent rise in quarterly profit, helped by lower costs. Net income attributable to Honeywell rose to $1.20 billion, or $1.51 per share, in the second quarter ended June 30, from $1.10 billion, or $1.38 per share, a year earlier. Revenue fell about 5...