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July 23, 2021

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American, Southwest post quarterly profits, boosted by travel surge, federal aid

CNBC
CNBC – For more and to sign up click here An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines and Southwest Airlines Thursday posted a profit for the second quarter, getting a lift from federal aid......

Stock futures are flat after major averages turn positive for the week

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CNBC – For more and to sign up click here U.S. stock index futures were flat in overnight trading on Wednesday, after the major averages advanced during regular trading to turn positive for the week. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures......

United Airlines shares jump on upbeat outlook on demand despite delta variant

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CNBC – For more and to sign up click here A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters Shares of United Airlines gained more than 4% on Wednesday morning after the carrier forecast that......

Transports stocks are in correction territory ahead of earnings. Here’s what to watch

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CNBC – For more and to sign up click here Transport stocks have hit a roadblock. After rallying earlier this year and outpacing the S&P 500‘s gains, the Dow Jones Transportation Average has pulled back roughly 10% from highs set in May, putting the group in a correction. That weakness......

Stock futures are flat after major comeback on Wall Street, earnings continue

CNBC
CNBC – For more and to sign up click here U.S. stock futures were steady in overnight trading on Tuesday after the major averages clawed back much of their losses from Monday’s sell-off. Dow futures rose 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures rose 0.1%. Netflix......

United Airlines narrows losses, plans to ramp up flying to meet strong travel demand

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CNBC – For more and to sign up click here A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Tuesday reported higher second-quarter revenue and narrowed its losses thanks to......

Stocks making the biggest moves midday: Boeing, Carnival, Goldman Sachs and more

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CNBC – For more and to sign up click here Employees work in the cargo hold of a Boeing 737 MAX 9 test plane outside the company’s factory, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images News | Getty Images Check out the companies making headlines......

Dow futures drop over 200 points after major averages post first negative week in four

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CNBC – For more and to sign up click here U.S. stock index futures fell during early morning trading on Monday, after the major averages posted their first negative week in four. Futures contracts tied to the Dow Jones Industrial Average slid 246 points. S&P 500 futures and Nasdaq 100......

Earnings could be the biggest driver for markets in the week ahead as investors watch bonds

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to......

American Airlines cancels flight attendants’ voluntary leaves, plans to hire 800 to meet travel demand

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CNBC – For more and to sign up click here An American Airlines Group Inc. plane prepares for landing at LaGuardia Airport (LGA) in New York. Timothy Fadek | Bloomberg | Getty Images American Airlines has told the remaining 3,300 flight attendants on voluntary leave to come back by November......

Delta, Apple, Best Buy are some stocks that will benefit from consumer spending rebound, Cramer says

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CNBC – For more and to sign up click here The corporate earnings season is under way, and CNBC’s Jim Cramer thinks the early reports from major banks all have something in common: they indicate consumer spending could soon surge. “I think we’re at an inflection point where consumer spending can truly......

Delta CEO says delta Covid variant has had no impact on bookings

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CNBC – For more and to sign up click here A Delta Airlines Boeing 757-251 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images The spread of the highly transmissible delta variant of Covid-19 hasn’t hurt Delta Air......

Stocks making the biggest moves premarket: Bank of America, BlackRock, Delta, Peloton and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus......

American Airlines shares rise on carrier’s better second-quarter forecast

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CNBC – For more and to sign up click here American Airlines flight takes off from Miami, Florida. Marco Bello | Reuters American Airlines shares rose after the carrier forecast better revenue and a narrower loss than previously estimated for the second quarter, the latest sign that airlines are recovering......

Stock futures open mostly flat ahead of the kickoff of earnings season

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500......

Disputes over mask mandates comprise 75% of FAA’s unruly-passenger complaints on planes

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CNBC – For more and to sign up click here A traveler wearing a face mask is seen at Ronald Reagan Washington National Airport in Arlington, Virginia, Feb. 2, 2021. Ting Shen | Xinhua News Agency | Getty Images A majority of the Federal Aviation Administration’s unruly-passenger reports on airplanes......

Airlines waive change fees for several Florida cities as Tropical Storm Elsa nears

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CNBC – For more and to sign up click here American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, U.S. December 29, 2020. Marco Bello | Reuters Major U.S. airlines relaxed ticket-change policies for......

TSA screenings surpass 2019 levels in pandemic first as airlines, airports scramble to staff

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CNBC – For more and to sign up click here Travelers wait in line at a Transportation Security Administration (TSA) screening checkpoint at Orlando International Airport in May, 2021. Paul Hennessy | SOPA Images | LightRocket | Getty Images The Transportation Security Administration said Friday that airport screenings have climbed......

United Airlines unveils 270-jet Boeing and Airbus order, its largest ever

CNBC
CNBC – For more and to sign up click here A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines unveiled Tuesday its largest-ever aircraft order: 270 narrow-body jetliners from Boeing and Airbus as the carrier charts its post-pandemic......

How companies can drum up enthusiasm for a return to the office and vaccines

CNBC
CNBC – For more and to sign up click here As companies design plans to bring workers back into the office, chief human resources officers are contending with a plethora of issues. Do they mandate vaccines or simply urge employees to get them? How should hybrid schedules be decided and......

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