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Business Industrials

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • LONDON, April 26- A 3- foot-long giant rabbit died at a United Airlines pet holding facility in Chicago following a flight from London, in another embarrassment for the airline as it struggles with a global backlash this month over a passenger dragged from his seat. The 10- month-old Continental Giant breed rabbit named Simon, who was tipped to become one of the...

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • Bullish buying in a big bank & a trade update

    Jon Najarian finds some bullish options activity in Morgan Stanley, and updates his General Dynamics trade from 2 weeks ago.

  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit on Wednesday, helped by increased aircraft deliveries that offset lower demand from the military. The company anticipated 2017 aerospace revenue would increase about 6 percent over last year, and Novakovic "noted sharp...

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive said on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in Dubai. Malaysia Airlines is emerging from a turnaround after...

  • *Raises 2017 EPS forecast to $11.80- $12.10 from $11.30- $11.60. The U.S. Defense Department expects to spend $391 billion in the coming decades to develop and buy 2,443 of the supersonic warplanes. Northrop also raised its 2017 earnings forecast to $11.80- $12.10 per share from its previous forecast of $11.30- $11.60 due to a lower effective tax rate for the year.

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive said on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew told Reuters in in Dubai. Malaysia Airlines is emerging from a turnaround...

  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit on Wednesday, helped by increased aircraft deliveries. Demand has been soft from General Dynamics' largest defense customer, the U.S. government, "due to the usual start of the year seasonality" Robert Stallard analyst at Vertical...

  • April 26- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a higher-than-expected quarterly profit, helped by increased aircraft deliveries. General Dynamics said on Wednesday its net income from continuing operations rose 16.7 percent to $763 million, or $2.48 per share, in the first quarter. Revenue marginally fell to $7.44...

  • DUBAI, April 26- Malaysia Airlines has offered to lease Airbus A330 jets from Alitalia if the struggling Italian airline is wound up, the Asian carrier's chief executive told Reuters on Wednesday. Malaysia Airlines could take between six and eight Airbus A330s from Alitalia, CEO Peter Bellew said in an interview in Dubai. Malaysia Airlines is emerging from a...

  • Net income fell to $99 million, or 79 cents per share, in the first quarter ended March 31, from $184 million, or $1.46 per share, a year earlier. Alaska Air in December of last year acquired rival carrier Virgin America Inc in a $2.6 billion deal, making the Seattle- based company the fifth largest U.S. airline by passenger traffic. The first quarter totals reflect...

  • SHANGHAI, April 26- China Southern Airlines has signed a deal worth nearly $6 billion to buy 20 aircraft from European planemaker Airbus SE, the Chinese carrier said on Wednesday. China's largest airline by passenger numbers has agreed to buy 20 A350-900 jets, each with a price tag of $298.9 million, it said in a stock exchange filing. China is gearing up for a major...

  • LONDON, April 26- A 3- foot giant rabbit has died on a United Airlines flight from London, prompting a review at the Chicago- based airline which faced a global backlash this month over its treatment of a passenger who was dragged from his seat. The 10- month old rabbit named Simon, who was tipped to become one of the world's largest rabbits, was travelling to O'Hare in...

  • HONG KONG, April 26- The housing authority of China's Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country's second-biggest homebuilder by sales, citing property transactions that it suspects are "against regulation." The Xian House Management Bureau, in the statement on its website dated April 24, said it suspects...

  • DUBAI, April 25- Emirates signaled on Tuesday that its U.S. expansion plans were on hold until demand recovers from a slowdown that the airline has blamed on President Donald Trump's travel restrictions. The Dubai- based carrier announced last week it would reduce flights to five U.S. cities from May following a "significant deterioration" in demand.

  • CHICAGO, April 25- One of the police officers who forcibly removed a passenger from a United Airlines flight said "minimal but necessary force" was used in the incident that became a public relations disaster for the carrier, according to a report released by the city. Video recorded by other passengers showed David Dao, a 69- year-old doctor, being dragged down the...

  • NEW YORK, April 25- U.S. budget carrier JetBlue Airways Corp reported better-than-expected first-quarter net profit on Tuesday, sending shares up in midday trading. The airline said first-quarter net income was $85 million, or 25 cents per diluted share, down from $207 million, or 61 cents a share, in the first quarter of 2016, as fuel costs and other expenses...

  • NEW YORK, April 25- U.S. budget carrier JetBlue Airways Corp reported better-than-expected first-quarter net profit on Tuesday, sending shares up in early trading. The airline said first-quarter net income was $85 million, or 25 cents per diluted share, down from $207 million, or 61 cents a share, in the first quarter of 2016, as fuel costs and other expenses...