American Airlines Shares Jump Nearly 10 after Airline Hikes Revenue and Profit Outlook
Sort by
Date
Items per page
-
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
American Airlines Gives Upbeat Guidance
The carrier’s shares climbed more than 4% premarket as it swung to a loss in the first three months of the year but provided a positive second-quarter forecast. The airline reduced its total debt by nearly $950 million.The Wall Street Journal - World - Travel -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
A justifiable ban on US non-compete clauses
There are other ways of retaining key workers and protecting trade secretsFinancial Times - World -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
American Airlines swings to a loss, but tops estimates for Q2 forecast
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.CNBC - Business - Travel -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
UK imposes sustainable fuel targets on airlines
Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030Financial Times - World - United Kingdom -
The ex-flight attendant who now leads the airline
Mitsuko Tottori was named as the first female boss of Japan Airlines earlier this year.BBC News - Top stories -
Safran Backs Outlook as Revenue Beats Forecasts
Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued.The Wall Street Journal - World -
Safran Backs Outlook as Revenue Beats Forecasts
Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued.The Wall Street Journal - Business -
Biden Administration Requires Airlines to Give Automatic Refunds for Canceled Flights
The Biden administration will require airlines to automatically provide cash refunds when flights are canceled and to disclose fees like checked bag costs earlier in the booking process under two new rules.The Wall Street Journal - World - Joe Biden -
What airline passengers should know about their rights to get refunds
New Transportation Department rules could save consumers $500 million annually, Transportation Secretary Pete Buttigieg said.CBS News - Top stories -
Secretary Buttigieg unpacks new rules on airline fees and refunds
The Transportation Department announced new rules Wednesday requiring airlines to issue automatic cash refunds for flight cancelations or delays, delayed baggage returns and services like Wi-Fi or seat selection that are paid for but not provided. ...CBS News - Top stories -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest stands apart from other large airlines because it does not have seat assignments.CNBC - Business -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift that could be among the largest in the airline’s history.NBC News - Top stories -
Southwest Airlines is ending flights to four airports — and that’s not even the big news for travelers
Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it’s rethinking its approach.MarketWatch - Business -
The ex-flight attendant who became the first female boss of Japan Airlines
Yahoo News - World -
Microsoft shares jump 4% after the big AI winner delivers in all the right places
Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.CNBC - Business - Microsoft -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Google's parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.
Google’s parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.The Wall Street Journal - World -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Airlines must pay you back for flight cancellations, major delays. How much will you get under new rule?
Airlines will soon be required to give you money back if they cancel your flight, delay you, make major changes to the itinerary, or don't deliver your checked bags on time.The Hill - Politics -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.CNBC - Business -
BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).CNBC - Business -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - World -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - Business -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business