World Airways stock jumps on outlook
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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Shares of US airlines took off in Wednesday trading after UBS Investment Bank raised its rating on Delta Air Lines Inc., saying the cash-strapped carrier&#39;s latest survival moves are lessening prospects of bankruptcy.
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When I talked to the CEO, CFO, and treasurer for World Airways (Nasdaq: WLDA) a few months ago, the big issue was profitability. That&#39;s less of an issue today because the company
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Stock futures rose on Wednesday as  profits from Walt Disney Co  and Time Warner Inc   suggested that the profit picture is holding up outside of the  financial sector.
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No-frills airline Ryanair posted a forecast-beating jump in half-year profit after its low fares drew in summer passengers and was surprisingly upbeat on the full year, boosting its shares.
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Boeing (BA:NYSE - news - research) shares Wednesday touched a level last seen before the World Trade Center attacks, after it announced that Singapore Airlines had ordered $7.
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Wall Street stocks rose sharply on Friday before stabilising as data showing sound jobs growth was offset by fears that a big subprime mortgage lender is close to collapse.
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U.S. blue-chip stocks rose on Wednesday after Boeing Co.  posted a stronger-than-expected quarterly profit and boosted its outlook, but jitters over the Federal Reserve's impending statement on rate policy prevented a broader advance.
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TORONTO (CP) - Air Canada&#39;s stock soared to a post-restructuring high Monday as senior executives delivered an upbeat message to analysts about the airline&#39;s financial results and operating plans.
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The aviation-electronics company's shares are rising -- along with its profit projections.
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U.S. stocks gained on Friday after  reports showed U.S. economic growth in the second quarter  matched economists' forecasts and consumer sentiment picked up  above expectations in late August, but volume was feather light  ahead of the upcoming Republican convention in New York City.
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Shares of Continental Airlines  gained more than 9 percent on Tuesday, a day after the No. 4 U.S. carrier reported a monthly revenue increase that far surpassed expectations.
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German stocks rose, led by TUI AG after the tour operator&#39;s German low-cost airline unit said it plans to boost the number of passengers on its flights by about 40 percent next year amid higher demand.
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ACE Aviation Holdings Inc., the new holding company for Air Canada, enjoyed a strong debut Monday despite a mixed outlook for the stock from analysts.
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Shares in Cognos Inc.    jumped 8 percent on Friday, the day after the business software  maker posted second-quarter results that beat both its own  forecasts and analyst expectations.
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Optimism about company earnings and  continued global economic strength boosted European and Asian  shares, hurt bonds, and laid the grounds for a strong Wall  Street opening on Monday.
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Stocks moved moderately higher Friday after Wall Street set aside some anxiety over news that the economy lost jobs last month and focused on Microsoft Corp.'s bid for Internet company Yahoo Inc. and a possible rescue plan for the troubled bond insurance sector.