Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.
Boeing Co said on Tuesday it handed over 56% fewer airplanes in May compared with a year earlier, as deliveries of its top-selling 737 MAX jet remained suspended following a deadly crash in March.
Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.
United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling the cash-strapped airline, according to regulatory filings.
American Airlines Group Inc cut its 2019 profit forecast on Friday, blaming an estimated $350 million hit from the grounding of Boeing's 737 MAX planes during its busiest travel season, but said it was confident the aircraft would start flying by mid-August.
D.R. Horton Inc forecast 2019 revenue below Wall Street estimates and did not provide an outlook on gross margin for the year, spooking investors who have been worried about the impact of rising costs on future profits.
Higher deliveries of Gulfstream jets helped General Dynamics Corp beat analysts' first-quarter profit estimates on Wednesday, sending shares of the U.S. aerospace and defense company surging nearly 6 percent before those gains were erased in late morning trading.
PulteGroup Inc said on Tuesday it expects homebuyers to return to the market after slowing demand in the second half of 2018, spurred by lower prices across its portfolio and easing mortgage rates.