Top News & Analysis Dallas

  • Feb 12- Wall Street's main indexes extended gains on Tuesday, in a broad-based rally after American lawmakers reached a tentative deal to avoid another partial government shutdown and on hopes of an agreement during the ongoing U.S.- China trade talks. President Donald Trump comments that he did not anticipate another government shutdown added to...

  • HOUSTON, Feb 11- Sentinel Midstream on Monday became the latest contender in the race to build a crude export terminal off the U.S. Gulf Coast, announcing plans to develop a facility off Freeport, Texas that could fully load a supertanker in one day. The Dallas- based company's announcement follows seven other proposed crude export terminals vying to build a...

  • Low U.S. unemployment and rising wages should point to a healthy consumer, but worries about global growth, domestic U.S. politics and a U.S.- China trade war have been wearing on consumer and investor moods. Wall Street expects fourth-quarter earnings growth of 14.7 percent for the S&P 500' s consumer discretionary index- below the 17.8 percent consensus from...

  • Texas- based plaintiff lawyer Mark Lanier said lawyers for the consumers had talked to the company in recent days to reach an agreement to resolve the long-running litigation that includes more than 10,000 cases. Bloomberg first reported on the settlement talks. In 2013, DePuy ceased selling the metal-on-metal Pinnacle devices after the U.S. Food and Drug...

  • CLEVELAND, United States- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the economic outlook and monetary policy before the 50 Club of Cleveland monthly meeting in Cleveland, Ohio.- 0000 GMT. STOCKHOLM- Riksbank Governor Stefan Ingves will participate in an open hearing on financial stability which is held by the Riksdag Committee on...

  • **PARIS- ECB's Villeroy speaks at Paris fintech conference- 1030 GMT. LONDON- Bank of England Chief Economist Andy Haldane is a panelist at the Society of Professional Economists "Women in Economics" Event 1730 GMT. PARIS- Marius Jurgilas, Member of the Board of the Bank of Lithuania, will be participating in the FinTech conference in Paris PARIS Riksbank Governor...

  • While the S&P 500 index is up more than 5 percent since the start of January, money managers including Federated Investors, Baron Funds and Hodges Capital Management are bracing for a powerful knock-on effect on the consumer. President Donald Trump said on Friday afternoon that he had reached a deal with Congress to end the partial shutdown and restore...

  • CHICAGO, Jan 24- Three major U.S. airlines said on Thursday the U.S. government partial shutdown had not yet had a major financial impact but a tipping point might be near. The carriers expressed their concerns after reporting quarterly earnings that beat Wall Street expectations thanks to healthy passenger demand. The Transportation Security...

  • CHICAGO, Jan 24- Three major U.S. airlines said on Thursday the U.S. government partial shutdown had not yet had a major financial impact but a tipping point might be near. No one can predict what impact it will have as it continues, "Southwest Airlines Chief Executive Gary Kelly said of the shutdown. The Republican-led U.S. Senate planned votes on Thursday for...

  • Jan 24- Three major U.S. airlines posted quarterly profits on Thursday that beat Wall Street expectations thanks to healthy passenger demand, but the carriers said the U.S. government partial shutdown was disruptive. Dallas- based Southwest Airlines Co said the shutdown had knocked between $10 million and $15 million off its revenue in January and was...

  • Jan 24- American Airlines and Southwest Airlines Co on Thursday posted fourth-quarter profits and 2019 forecasts that beat Wall Street expectations thanks to healthy passenger demand and easing investor concerns about slower global economic growth. Dallas, Texas- based Southwest said the shutdown had knocked between $10 million and $15 million off its...

  • Jan 24- No. 1 U.S. carrier American Airlines posted on Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher fares and healthy passenger demand, sending its shares up nearly 6 percent. It forecast $1 billion of additional revenue in 2019 as it continues to optimize its network, expands its Premium Economy product and adds...

  • *China expected to slow further in 2019. BEIJING/ SEOUL/ PARIS, Jan 24- Sombre results from chipmakers SK Hynix Inc and Texas Instruments Inc, on the heels of warnings from tech behemoths Samsung and Apple, indicate more gloom for the sector as China's economy slows to its weakest in decades. The world's No.2 memory chipmaker, which depends on China for more than a...

  • Jan 24- Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit. Earlier this month, Dallas- based Southwest said the shutdown was delaying its plan to launch service to Hawaii, which needs approval...

  • Jan 24- Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between $10 million and $15 million off its revenue thus far in January as it reported a 62.6 percent decline in fourth-quarter profit. Dallas, Texas- based Southwest said net income fell to $654 million, or $1.17 per share, in the fourth quarter ended Dec. 31, compared...

  • NEW DELHI, Jan 21- Lockheed Martin sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said. Lockheed Martin has offered to shift its F-16 production line from the United States to India, potentially the biggest boost...

  • But in Washington, the move remains a public relations crisis that threatens to derail a methodical effort by Chief Executive Mary Barra to keep GM in good graces with the White House and other politicians. Representative Debbie Dingell, a Democrat from southeast Michigan and former GM employee, said at the time that GM had become "the most thoroughly disliked...

  • The FAA said it is constrained by law about what it can do during a shutdown and was allocating resources based on risk assessment to meet all safety-critical functions. "Our focus is to maintain our systems high level of safety for existing operations and aircraft fleet," FAA spokesman Greg Martin said. Southwest Airlines said on Monday it had paused its plans to...

  • Jan 14- Federal Aviation Administration approval of aircraft such as Boeing's MAX and new routes like Southwest Airline Co's Hawaii launch are on hold due to the U.S. government shutdown, delaying commercial operations. Southwest Airlines said on Monday it had paused its plans to launch service to Hawaii because the FAA groups that oversee the route...

  • GM said that despite forecasts of decline in U.S. and China passenger car sales, the company expects 2018 profit to exceed Wall Street expectations, and promised higher earnings per share in 2019. Barra also said proposals from Ohio officials that GM sell its Lordstown, Ohio, small car factory to Tesla are "moot" because Tesla is "not interested in our GM workforce...