Jan 15 Delta Air Lines Inc posted a
slight beat in fourth-quarter profit on Tuesday but warned of a
decline in revenue growth this quarter and difficulties in
introducing new aircraft because of the U.S. partial government
General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker's shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc in the growing electric vehicle market. | Video
American Airlines shares fell as much as 11 percent on Thursday after the biggest U.S. carrier cut its estimate for a closely watched measure of performance, raising concerns that slowing global economic growth is hurting business travel.
Lennar Corp said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market.
Boeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world's biggest planemaker for the seventh straight year.
Shares of Union Pacific Corp rose 8 percent in early trading on Tuesday after the No.1 U.S. railroad named https://www.up.com/media/releases/190107-jim-vena.htm industry veteran Jim Vena as chief operating officer, prompting upgrades by several brokerages.
Shares of Delta Air Lines Inc fell about 9 percent on Thursday, after the U.S. carrier warned fourth-quarter unit revenue would be slightly below its prior forecast due to the lower-than-expected improvement in last-minute fares booked by travelers.
U.S. luxury home builder Toll Brothers Inc on Tuesday reported its first fall in quarterly orders in more than four years as rising mortgage rates and higher home prices hit demand, sending its shares down as much as 10 percent.
D.R. Horton shares fell more than 10 percent after the largest U.S. homebuilder forecast first-quarter home sales below analysts' estimates on Thursday, the latest sign that rising mortgage rates and higher home prices are weighing on the housing market.