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Boeing Surpasses Q1 Estimates; Raises 2018 Guidance Despite Trade War Tensions

Boeing Surpasses Q1 Estimates; Raises 2018 Guidance Despite Trade War Tensions

Boeing Co. (NYSE:BA) reported its first quarter financial results and surpassed Wall Street estimates in both earnings and revenue. Despite the trade war tensions, the aircraft manufacturer raised its 2018 full year guidance. Shares were trading 2.4..

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Air Lines Inc. (NYSE: DAL) reported better than expected first quarter financial results boosted by higher traffic, despite rising costs of the airline. Shares were trading 2.6 percent higher midday on Thursday.The airline reported a record re..

Escalating Trade Tensions Leads China to Threaten with New Tariffs

Escalating Trade Tensions Leads China to Threaten with New Tariffs

China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..

Ford North American President resigns on misconduct allegations

Ford North American President resigns on misconduct allegations

Ford Motor Company (NYSE: F) announced on Wednesday that its North American president, Raj Nair, will be stepping down from his position following reports of inappropriate behavior saying that Nair engaged in behavior “inconsistent with the co..

American Airlines Announced Q4 Results, Shares Fell

American Airlines Announced Q4 Results, Shares Fell

On Thursday, American Airlines Group Inc. (NASDAQ: AAL) announced its financial results for the fourth quarter of 2017, with revenue in line with estimate and earnings beating estimates. However, shares of the company dropped 3.1% to $53.07 per shar..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..

Delta Third-Quarter Earnings Top Estimates

Delta Third-Quarter Earnings Top Estimates

On Wednesday, Delta Air Lines, Inc. (NYSE: DAL), which is the largest U.S. airline by market capitalization, announced its financial results for the third quarter of 2017. Both earnings and revenue for the September quarter beat estimates, desp..