United Kingdom

Ankit Ajmera

UPDATE 4-Delta Air warns of slowing revenue growth as gov't shutdown weighs

15 Jan 2019

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 shutdown.

GM bucks gloomy earnings forecast trend, shares jump

11 Jan 2019

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 fall on dour fourth quarter expectations, weigh on sector

10 Jan 2019

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 sees housing demand rebounding, shares up nearly 10 percent

09 Jan 2019

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 delivers record 806 aircraft in 2018, shares jump 4 percent

08 Jan 2019

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.

Union Pacific jumps 8 percent after company picks turnaround expert as COO

08 Jan 2019

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.

Delta shares fall 10 percent on lowered outlook; drags down rivals

03 Jan 2019

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.

Toll Brothers orders slump for first time in more than four years

04 Dec 2018

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 forecasts weak home sales, shares fall 10 percent

08 Nov 2018

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.

World News