United Continental Holdings Inc. (UAL) Tuesday reported a fourth-quarter profit that trumped Wall Street estimates driven by revenue growth.
United's fourth-quarter profit dropped to $397 million or $1.26 per share from $823 million or $2.24 per share last year.
Excluding special items, adjusted...
Railroad operator CSX Corp. (CSX), Wednesday reported a drop in profit for the fourth quarter, hurt largely by higher expenses that offset increase in revenues. Nevertheless, earnings for the quarter fell short of Wall Street estimates, while revenues trumped expectations.
Following the long holiday weekend, stocks moved mostly lower over the course of the trading session on Tuesday. With the drop on the day, the tech-heavy Nasdaq pulled back off the record closing high set last Friday.
Twitter (TWTR) will officially shut down Vine, the six-second video service, on Tuesday. Vine will be replaced by Vine Camera, an app that shoots six second clips.
Vine Camera, the next version of Vine, allows users to capture a six-second looping videos, however, it will be only accessible through...
An advocacy group has filed a federal complaint against American Airlines as the carrier does not allow passengers with food allergies, especially peanut allergies, to preboard its flights.
According to Food Allergy Research and Education (FARE), American Airlines, unlike United and Delta, is not...
President-elect Donald Trump's nominee for Health and Human Services Secretary Rep. Tom Price, R-Ga., may have broken the law with a questionable stock purchase, according to Senate Minority Leader Chuck Schumer, D-N.Y.
Republicans in Congress are unaware of President-elect Donald Trump's plan to replace the healthcare reform law known as Obamacare, three senior GOP sources told CNN on Tuesday. The sources told CNN they are frustrated that Trump told the Washington Post his plan would have a goal of providing "insurance for everybody."
Conservative radio host and Fox News contributor Laura Ingraham revealed Tuesday she is considering running for the U.S. Senate seat from Virginia in 2018. A run by Ingraham would set up a potential matchup with Senator Tim Kaine, D-Virg., the Democratic vice-presidential nominee.
Dry bulk shipping company Globus Maritime Limited announced that its previously announced private placement will not occur as planned. Shares of the company plunged over 22 percent on the news.
The company said the deal required multiple parties to close transactions simultaneously, but one party...
Amid allegations of plagiarism, conservative author and commentator Monica Crowley revealed she will not be assuming a senior communications role in President-elect Donald Trump's incoming administration.
Crowley had been tapped to serve as the senior director of strategic communications for the National...
After moving to the downside early in the session, stocks remain mostly negative in mid-day trading on Tuesday. The weakness on the day comes on the heels of the mixed performance seen last week, when the tech-heavy Nasdaq reached new record highs.
Just days before he is set to officially take office, President-elect Donald Trump has lashed out at the sources of new polls showing him with historically low favorability ratings for an incoming president. Trump compared the recent polls about his favorability to the polls suggesting that he would lose the presidential election to Hillary Clinton.
Deutsche Bank AG may not give bonuses to as many as 90 percent of its bankers and traders, reported New York Post citing unidentified people briefed on internal talks.
Only the top 10 percent of the Bankers are expected to receive a bonus for 2016. But, those payments will paid out over the next five...
Facebook's Chief Operating Officer Sheryl Sandberg said the company would be a founding partner of Station F start-up garage in Paris. There will be more than 3000 desks for tech companies at the start-up garage.
In its first ever start-up project, Facebook plans to have 80 desks and would initiate the activities by April.
Following the long holiday weekend, stocks are seeing modest weakness in morning trading on Tuesday. The major averages have all slid into negative territory on the heels of the mixed performance that was seen last week.