United States

Ankit Ajmera

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

Jan 15 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

Jan 11 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

Jan 10 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.

UPDATE 5-Lennar sees housing demand rebounding, shares up nearly 10 pct

Jan 09 2019

* Results not as bad as feared - analysts (Adds background on mortgage rates, updates shares)

Boeing delivers record 806 aircraft in 2018, shares jump 4 percent

Jan 08 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

Jan 08 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

Jan 03 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

Dec 04 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

Nov 08 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.

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