Alaska Airlines will retire the Virgin America brand overnight.
Top defense companies' shares declined Tuesday, erasing earlier gains, amid a broader market sell-off.
EPS $1.77 vs est $1.52. EPS $6.95- 7.15, up from $6.85- $7.10 previously. The company raised its 2018 adjusted earnings per share forecast to a range of $6.95- $7.15 from $6.85- $7.10, and full-year sales to a range of $63 billion to $64.5 billion from $62.5 billion to $64 billion.
NEW YORK— After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year. Stocks climbed in early trading as companies like Caterpillar, appliance maker Whirlpool, and Fifth Third Bancorp posted strong quarterly results. Then Caterpillar executives...
EPS $1.77 vs est $1.52. *Q1 sales $15.24 bln vs est $14.64 bln. EPS $6.95- 7.15, up from $6.85- $7.10 previously.
United Technologies' quarterly profit topped analysts' estimate on Tuesday on higher demand for its spare parts and services from airlines.
Lockheed Martin's largest division got a boost from $185 million in sales for F-35 fighter jets.
BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported first-quarter net income of $1.16 billion. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.35 per share. Five analysts surveyed by Zacks expected $11.3 billion.
Southwest Airlines canceled more flights as it worked to complete inspections of engines like the one that failed last week in a deadly accident over Pennsylvania.
Once a monopoly, the market to launch Air Force equipment to space is getting crowded.
JetBlue has formed a code-sharing agreement with a small private jet company it's invested in called JetSuite and will sell seats on its planes.
Southwest Airlines said it canceled about 40 flights on Sunday, or 1 percent of those scheduled, as it inspects engines after last weeks deadly accident in Pennsylvania.
Saudi Arabia's Interior Ministry on Sunday instructed drone enthusiasts to obtain permission to fly the devices until regulations were finalized, a day after security forces shot down a recreational drone near the king's palace in Riyadh.
A deadly engine failure aboard a Southwest Airlines flight broke a nine-year streak of zero passenger fatalities aboard U.S. airlines.
The British are moving quickly to attract the business of rocket launchers.
A joint venture of General Electric and Safran of France called Friday for more scrutiny of the type of engine that exploded on Southwest Flight 1380 this week.
*Q1 adjusted earnings per share $1.95 vs est $1.90. *Sees 2018 EPS $7.85- $8.05, up from $7.75- $8.00. Vertical Research Partners analyst Robert Stallard said Honeywell has a higher share of parts on new business jets such as Gulfstream G500 and G600, which will benefit the company when these planes get certified for sale later this year.
The proposed aircraft "would combine the F-22 and F-35 and could be superior to both of them," one source said.
*Q1 adjusted earnings per share $1.95 vs est $1.90. *Sees 2018 EPS $7.85- $8.05, up from $7.75- $8.00. The company said it now expects 2018 profit of $7.85 to $8.05 per share, compared with previous forecast of $7.75- $8.00.
Honeywell reported a higher-than-expected profit for the first quarter on Friday.
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.