BRIEF-Dry Ships Inc announces successful delivery of its newbuilding suezmax tanker
* DryShips Inc announces successful delivery of its newbuilding suezmax tanker and commencement of 5 year time charter
April 25 United Continental Holdings Inc posted a smaller than expected quarterly loss on Thursday, as the world's largest carrier was helped somewhat by lower fuel prices and higher passenger revenue.
The airline has been working to woo back customers who turned to rivals after technology glitches hurt customer service, while handling problems like the grounding of Boeing's 787 Dreamliner.
A recent study by Airline Quality Rating (AQR), which ranks airlines based on U.S. Department of Transportation figures, said United did the worst job of flying customers in 2012, with the highest complaint rates.
For the first quarter the airline company lost $417 million, or $1.26 per share. Revenue rose 1.4 percent to $8.7 billion. After adjusting for merger-related and other charges, the airline lost 98 cents for each share. Analysts, on average, were expecting a loss of $1.10 a share, according to Thomson Reuters I/B/E/S.
Last year, the company lost $448 million or $1.36 per share, on revenue of $8.6 billion.
Expenses from aircraft fuel fell 5.5 percent during the quarter, the company said.
Shares of the company closed at $31.34 Wednesday on the New York Stock Exchange.
FRANKFURT/ZURICH, May 24 BAWAG PSK is preparing an initial public offering (IPO) that could value the Austrian bank at up to 5 billion euros ($5.59 billion) and take place as early as autumn, people close to the matter said.
* Ford - issues recall for certain 2015-17 Ford F-150 and 2017 F-250 to F-550 vehicles equipped with Ford aftermarket chrome exterior door handle covers