This is Why American Airlines’ Stock Fell Despite Strong Quarterly Earnings
Although American Airlines (NASDAQ:$AAL) had surpassed analyst expectations in its quarterly earnings released on Friday, July 28, the company’s stock still fell about 15%. This fall was mainly due to a predicted increase in fuel ... [Read]
Investors Should Know These Key Stats From American Airlines Earnings Report
Back in December of 2013, American Airlines Group (NASDAQ:$AAL) was the direct result of the merger of AMR (American Airlines’ patent group) and US Airways. Currently, the Texas-based company serves customers with more than 6,700 ... [Read]
Investor William Ackman Will Purchase Stake in AMD
On July 27, it was announced that William Ackman, a billionaire investor, will be purchasing a large stake in Automatic Data Processing Inc. (NASDAQ:$ADP). The news stems from two people close to the matter. Following ... [Read]
Mega Deal Unites Prominent Trans-Atlantic Airline Players
On Thursday, both China Eastern Airlines (SHA:$600115) and Delta Airlines (NYSE:$DAL) announced a 10% investment in Air France-KLM (OTC:$AFLYY), sparking the beginnings of a mega deal. The stakes that Delta and China Eastern have purchased ... [Read]
Boeing Saw Shares Rise After Releasing Better-Than-Expected Second Quarter Earnings
Boeing saw shares rise to their highest levels on July 26 during mid-morning trading. The rise was largely due to a successful second-quarter earnings report as well as a positive outlook from Boeing for the ... [Read]
JetBlue Airways Sees Impressive Second Quarter Earnings After Increasing Fare Prices
U.S. airline JetBlue Airways Corp. (NASDAQ:$JBLU) released its second quarter earnings on July 25. The airline operator saw an impressive 16.6% rise in profit, partially due to the decision to increase JetBlue’s average fare price. ... [Read]
Caterpillar Inc. Has Proved its a Top-Performing Dow Stock in its Q2 Report
Before the markets opened on Tuesday, Caterpillar Inc. (NYSE:$CAT) released its most recent quarterly results. Over the past quarter, Caterpillar has made a name for itself as a top-performing Dow stock, and the latest earnings ... [Read]
This is What United Technologies Q2 Earnings Report Looks Like
On Tuesday, United Technologies Corp. (NYSE:$UTX) released its Q2 earnings report. In this, we saw an increase in Q2 profit on sales gains from top business units. At the same time, the Connecticut-based company boosted ... [Read]
General Electric’s Quarter Two Results Show Weaknesses
General Electric (NYSE:$GE) might have beaten earnings estimates, but the company’s quarter two results showed a tremendous amount of weakness. The shares are reaching new 52-week lows, and, despite a relatively low valuation, there is ... [Read]
What To Expect After General Electric’s Second Quarter Earnings Reports
General Electric (NYSE:$GE) will be announcing its second quarter earnings reports before the market opens on July 21, 2017. It will be CEO Jeffrey Immelt’s last quarterly report before John Flannery, current head of GE’s ... [Read]