Transportation
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The airline industry was looking like it was all set for recovery just last week. Despite the economic softness, three…
The three major US stock indexes opened very slightly higher this morning, but soon turned south on a disappointing report…
Oil had a really dismal May, losing roughly 17% and hitting under $87.00 per barrel for WTI Crude on Thursday. While…
The International Air Transport Association (IATA) today released traffic data for April showing that total passenger demand rose 6.1% year-over-year,…
Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels. And guess…
In a filing yesterday with the Securities and Exchange Commission, oil refiner Valero Energy Corp. (NYSE: VLO) said that it…
As recently as last week it appeared that Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) may not receive enough shares…
Is the economy so weak that the summer and rest of 2012 will be punishing on the airline industry? Apparently…
The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on…
A deal that first made it into public view less than a month ago has now been completed. Delta Air…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is…
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc.…
Sunoco Inc. (NYSE: SU) has been shopping its two Pennsylvania refineries since late last summer with not a lot of…
A couple of weeks ago there were press reports that Delta Air Lines Inc. (NYSE: DAL) was contemplating the acquisition…
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