U.S. airlines see third-quarter profits rise, upbeat outlook
(Reuters) – American Airlines Group , United Airlines and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook.
Amazon’s holiday-quarter forecast disappoints, shares dive
SAN FRANCISCO (Reuters) – Amazon.com Inc’s sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer’s shares 9 percent lower on Thursday.
Options investors see good times rolling for Facebook
NEW YORK (Reuters) – Facebook Inc investors used to wild swings in the company’s shares following its earnings reports are looking for relative calm on Tuesday, after the social media company posts results.
UPS, FedEx seek ways to manage massive peak season package bulge
CHICAGO (Reuters) – Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc and FedEx Corp are investing heavily in new infrastructure – but the continued dynamic gro…
Fed lays out scenarios for 2015 bank stress tests
WASHINGTON (Reuters) – The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year’s run of its annual check of banks’ health.
Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets
WASHINGTON (Reuters) – Lockheed Martin Corp and U.S. defense officials have reached agreement on the terms of a contract worth about $4 billion for an eighth batch of 43 F-35 fighter jets, sources familiar with the deal said on Thursday.
In emerging Indonesia, Honda’s Mobilio muscles in on Toyota’s turf
JAKARTA/SINGAPORE (Reuters) – Honda Motor’s Mobilio, a spacious yet affordable multi-purpose vehicle (MPV), has nearly doubled its market share this year, triggering a price war with Toyota Motor in Indonesia, the latest battleground for global carmake…
Wall St. gains on industrial earnings but ends off highs
NEW YORK (Reuters) – Earnings from Caterpillar and 3M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.
Apple ponders sapphire options, leaves door open for GT
(Reuters) – Apple Inc said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc if the distressed supplier can reduce production costs for the scratch-resistant material.
Sears to close stores, lay off about 5,500: Seeking Alpha
(Reuters) – Sears Holdings Corp is shuttering more than 100 stores and laying off at least 5,457 employees, investor website Seeking Alpha reported on Thursday, indicating the struggling retailer may be stepping up store closures.
