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United Airlines Holdings Inc
Tag: United Airlines Holdings Inc
American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue
Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines' fourth-quarter profit beat analysts' expectations as strong travel demand and high fares buoyed results during a turbulent holiday season. Shares of American were up 4% in premarket trading on Thursday. Here's how American Airlines performed in the fourth quarter compared with what Wall Street anticipated, based on an average of analysts' estimates compiled by Refinitiv: Adjusted earnings per share: $1.17 versus an expected $1.14…
BusinessAerospace and defense industry, Airlines, American Airlines Group Inc, Breaking News: Earnings, Business, business news, Delta Air Lines Inc, Earnings, Markets, Transportation, Travel, United Airlines Holdings IncLeave a comment
Jim Cramer picks his standout stocks in 4 bull market industries
CNBC's Jim Cramer on Wednesday offered investors a list of bull markets he's identified as companies report quarterly financial results. "Now that we are already one-fifth of the way through earnings season, we can start identifying the winners and losers," he said, adding, "We have some legitimate, sizable bull markets going on here, and they show no signs of letting up. And I want you in them." Cramer also highlighted the companies that reported solid quarters and have stocks that could be buys. Here are the four industries with bull…
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Southwest CEO maps out a recovery after holiday meltdown: 'We have work to do'
A Southwest Airlines traveler looks for her baggage in a pile of lost suitcases after an arctic blast and a massive winter storm dubbed Elliott swept over much of the United States in the lead-up to the Christmas holiday weekend, at Chicago Midway International Airport in Chicago, Illinois, December 27, 2022. Kamil Krzaczynski | Reuters Southwest CEO Bob Jordan's message, after a holiday meltdown derailed the travel plans of millions, is clear: "I can't say it enough. We messed up." His focus now is ensuring a similar crisis never happens…
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Inflation is cooling, but prices on many items are going to stay high for months
A grocery store in New York. Wang Ying | Xinhua News Agency | Getty Images Inflation may be cooling. But, for most Americans, the price of a cup of coffee or a bag of groceries hasn't budged. In the months ahead, the big question is whether consumers will start to feel relief, too. related investing news Over the past few months, many of the key factors that fueled a four-decade high in inflation have begun to fade. Shipping costs have dropped. Cotton, beef and other commodities have gotten cheaper. And…
BusinessAmerican Airlines Group Inc, Breaking News: Business, Business, business news, Chuy's Holdings Inc, Coca-Cola Co, Delta Air Lines Inc, Dutch Bros Inc, Gap Inc, Jack in the Box Inc, James Quincey, Kroger Co, Macy's Inc, Mark Zandi, Moody's Corp, Papa John's International Inc, PepsiCo Inc., Procter & Gamble Co, Restaurants, Retail industry, Rodney McMullen, Sara Eisen, Sprouts Farmers Market Inc, Starbucks Corp, Target Corp, U.S. Economy, United Airlines Holdings Inc, United States, Utz Brands IncLeave a comment
How these new electric aircrafts could disrupt the $49 billion helicopter industry
Vertical lift aircraft have existed for more than a century in the form of helicopters. But the $49 billion industry faces a rapidly emerging threat. An estimated 200 companies are working to build electric vertical takeoff and landing vehicles (eVTOLs), a new type of small passenger aircraft designed for transportation within congested urban environments. "Helicopters are very expensive to operate for a number of reasons, but the biggest reason is that they have multiple points of failure, which eVTOL aircraft won't," said Michael Leskinen, president of United Airlines Ventures, which…
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FAA says contractor unintentionally deleted files before outage disrupted thousands of flights
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The Federal Aviation Administration said Thursday that a contractor unintentionally deleted files before an outage of a pilot-alert system that delayed thousands of flights last week. "A preliminary FAA review of last week's outage of the Notice to Air Missions (NOTAM) system determined that contract personnel unintentionally deleted files while working to correct synchronization between the live…
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Cramer's lightning round: I like ABM Industries
Dow Inc: "I want you to hold on. … Keep it at a 5% yield, buy some more if it goes 5.5%." ABM Industries Inc: "Talk about a boring facilities management company that I like so much. You've got a real winner there." Lockheed Martin Corp: "People are worried about the Republicans and defense budget. I'm worried about the Ukrainians and defending them, and I think Lockheed Martin plays a key role." Dynavax Technologies Corp: "As long as you understand that this is a speculative stock and you could lose…
BusinessABM Industries Inc, Business, business news, Dow Jones Industrial Average, Dynavax Technologies Corp, Enphase Energy Inc, Investment strategy, Jim Cramer, Lockheed Martin Corp, Markets, MPLX LP, National Fuel Gas Co, Sempra, Stock markets, Sun Country Airlines Holdings Inc, United Airlines Holdings Inc, Waste Management Inc, Weyerhaeuser CoLeave a comment
Jim Cramer says market is in a period of consolidation, getting rid of 'weak-handed investors'
CNBC's Jim Cramer on Wednesday warned investors that stocks could continue to fall, at least in the near future. "I think we have a … period of consolidation, as we get rid of the weak-handed investors. And we certainly wash out those who got carried away and committed personal fouls, like buying bitcoin above $20,000 or fooling around in meme stocks," he said. Stocks fell on Wednesday after December retail sales data heightened fears of a recession and investors took profits on gains from earlier this month. The S&P 500…
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Stocks making the biggest moves premarket: United Airlines, Moderna, IBM and more
A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Images Check out the companies making headlines in premarket trading. United Airlines – Shares of United Airlines rose 3.5% after the company reported quarterly earnings that topped Wall Street's estimates for the fourth quarter, signaling strong demand amid higher prices. United posted adjusted earnings per share of $2.46 on $12.4 billion in revenue. Analysts expected adjusted earnings per share of $2.10 and $12.2 billion in revenue, per…
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5 things to know before the stock market opens Wednesday
The Goldman Sachs booth is seen at the New York Stock Exchange during morning trading on January 17, 2023 in New York City. Michael M. Santiago | Getty Images Here are the most important news items that investors need to start their trading day: 1. Goldman weighs on the Dow The Nasdaq squeezed out another win Tuesday, while the S&P 500 slipped slightly. But it was a particularly rough day for the Dow as component Goldman Sachs fell more than 6% after posting its worst earnings miss in a decade.…
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