July 30- Canadian plane and train maker Bombardier Inc posted a 19.4 percent drop in quarterly profit, hurt by weaker sales at its transportation and commercial aircraft unit. The company's net income fell to $125 million, or 6 cents per share, in the quarter ended June 30, from $155 million, or 8 cents per share, a year earlier. Bombardier's shares closed at C $1.95 on...» Read More
The economy will continue to gradually recover, and doesn't appear headed for a slowdown, Michael Ward, chairman of CSX, told CNBC Tuesday.
The Tar Heel State is one of the most improved, seeing its ranking jump from No. 9 in 2009 to No. 4 this year .
The Bay State moves into the top five for the first time, piling up 1375 points.
The fierce competition for the $35 billion Air Force tanker is about providing the best airplane, not about politics, EADS's North American Chairman Ralph Crosby told CNBC Friday.
Here's what analysts and others say they're watching before the bell Friday.
Take note of the bullish numbers this rail company is touting.
Businesses have invested more money in machinery, computers, steel and other metals in three of the past four months.
The nation's rail industry is slimming down to gain new customers. Lighter construction materials and improved engines and wheel components have yielded big gains in fuel efficiency and freight capacity.
Here's what analysts and others say they're watching before the bell Tuesday.
These stocks are cleared for take off, and that's why my "Call-to-Action" is to get on board, and here's why.
Most General Motors' U.S. plants will forego traditional summer shutdowns to help meet buyer demand for popular models, the automaker said Thursday.
Earnings have topped expectations since the year began but a disappointing outlook from FedEx raised concern that more companies may follow. Is it a sign that a double-dip is coming?
Southwest CEO Gary Kelly talks about the Spirit Airlines strike.
A number of trucking companies have been outperforming the S&P, but since they’ve experienced a pullback in the last month, is this the right time for investors to be piling in? Jason Seidl, transportation analyst at Dahlman Rose discussed his views.
The Long Beach and Los Angeles ports released preliminary figures for May today.
General Motors said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid system that could cause a fire.
It's no secret that the major auto companies knocked it out of the park with their May sales. But dig a little deeper into the numbers, and you can find some even better signs of strength for certain areas of the economy.
President Obama’s push for higher fuel-efficiency standards for diesel-guzzling, long-haul trucks may be laudable but is probably unachievable by the target date without more development of key technologies,
This summer, air travelers will face a potential combination of crowded planes, high fares, labor disruptions, and the possibility of more canceled flights.
CNBC has learned Ford executives are working on a plan to phase out the Mercury brand. There is no time line for how quickly the brand will be eliminated, but the Ford Board of Directors could make a decision by July. A Ford spokesperson says Ford has made no plans to change the Mercury line but the company is always evaluating its brands.