Business
Airlines temper flying ambitions after chaotic — but profitable — travel rebound
An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines […]
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AT&T shares fall after company says overdue bills, higher spending are hurting cash flow
A man walks with an umbrella outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas. Ronald Martinez | Getty Images AT&T shares fell Thursday after the company said its cash flow was hurt by customers’ late phone payments and unexpected expenses in establishing 5G infrastructure. The company said customers have been paying […]
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Stocks making the biggest moves midday: Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more htan 88% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales […]
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Ford reassures investors it has the battery supplies it needs for ambitious EV goals
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor said Thursday that it has secured 100% of the battery supplies needed to deliver electric vehicles at a rate of 600,000 per year by […]
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Domino’s earnings miss expectations as pizza chain cites tough labor market, higher costs
An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly results as the pizza chain struggled with higher costs and an ongoing shortage of delivery drivers. The Ann Arbor, Michigan-based company also said it’s […]
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Stocks making the biggest moves premarket: AT&T, DR Horton, Travelers and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it lowered its full-year free cash flow guidance. AT&T also reported a jump in quarterly wireless subscriber additions and raised its full-year […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks mixed Futures were down on the Dow and the S&P 500, while the Nasdaq […]
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American Airlines forecasts profit in third quarter thanks to rebound in travel and fares
American Airlines Boing 777-300 wide-body aircraft as seen on final approach for landing at London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images American Airlines on Thursday reported it swung to a profit in the last quarter and said it expects to be in the black in the third quarter, […]
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Toyota plans to roll out hydrogen fuel-cell trucks for the Japanese market next year
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztian Bocsi | Bloomberg | Getty Images Automotive giant Toyota, along with three other partners, will work on the development of light-duty fuel cell electric trucks […]
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Cramer’s lightning round: I like Chubb over American International Group
Canopy Growth Corp: “Canopy will be great once we [nationally legalize] cannabis. I don’t know if it’s going to happen in my lifetime, that’s the problem.” Starwood Property Trust Inc: “Remember when the stock fell to the teens, and [CEO Barry Sternlicht] came on and said, ‘don’t worry about it, we’re going to deliver’? … I […]
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