Transportation

Virgin Trains Files For IPO

Posted: November 19, 2018 at 12:00 pm

Virgin Trains filed a form S-1 with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing although the offering ...
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Despite Falling Prices, Gas Most Expensive in Four Years

Posted: November 19, 2018 at 11:14 am

Gasoline prices have dropped for five straight weeks, pushing the national average cost of a gallon of regular gasoline down to around $2.62 a gallon early Monday morning. By Thanksgiving ...
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FedEx Plans to Raise Rates in 2019

Posted: November 5, 2018 at 11:40 am

FedEx Corp. (NYSE: FDX) shares were up slightly on Monday after the company announced that it would raise shipping rates to kick off 2019. The rate increases apply to all ...
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GM Offers $10,000 To Name Its Electronic Bike

Posted: November 3, 2018 at 7:45 am

General Motors Company (NYSE: GM) has entered the electronic bike business. However, it does not have a name for the new product. So, it has decided to go outside the ...
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What to Watch For in the Major Airlines Reporting This Week

Posted: October 21, 2018 at 10:10 am

Even though the busy summer travel season is done, the holidays are right around the corner and airlines will be dealing with a horde of travelers. With this comes mounting ...
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United Continental Earnings Keep Soaring

Posted: October 17, 2018 at 9:45 am

When United Continental Holdings Inc. (NYSE: UAL) reported its most recent quarterly results after the markets closed on Tuesday, the airline operator said that it had $3.06 in earnings per ...
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Delta Q3 Earnings Take Flight

Posted: October 11, 2018 at 8:40 am

Delta Air Lines Inc. (NYSE: DAL) released its most recent quarterly results before the markets opened on Thursday. The company said that it had $1.80 in earnings per share (EPS) ...
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Driving Deaths Drop to 37,133 in 2017: A Look At All 50 States

Posted: October 4, 2018 at 12:03 pm

The number of car deaths fell 1.8% in 2017 compared to 2016. The total last year was 37,133. According to data released by the U.S. Department of Transportation's National Highway ...
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Will Smaller Seats Hurt Airline Profits?

Posted: September 27, 2018 at 6:50 am

The U.S. House of Representatives has mandated that the Federal Aviation Administration set minimum sizes for seats on commercial aircraft. The bill in which the program is included goes to ...
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Why FedEx Failed to Deliver in Q1

Posted: September 18, 2018 at 8:45 am

When FedEx Corp. (NYSE: FDX) reported its fiscal first-quarter financial results after the markets closed on Monday, the company posted $3.46 in earnings per share (EPS) and $17.1 billion in ...
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What to Watch For in FedEx’s Q1 Report

Posted: September 17, 2018 at 12:50 pm

FedEx Corp. (NYSE: FDX) is set to release its quarterly results after the markets close on Monday. Thomson Reuters consensus estimates are calling for $3.82 in earnings per share (EPS) ...
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Fuel Prices Threaten Airline Travel as American Cuts Flights

Posted: August 22, 2018 at 6:35 am

Oil prices dropped toward $40 a barrel in early 2016 and remained below $60 until early this year. Recently, however, they have surged above $70, and with them, gasoline and ...
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Mesa Air Announces Potential Pricing for IPO

Posted: July 30, 2018 at 8:50 am

Mesa Air Group has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 10.7 ...
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Jetblue Has a Bit of a Rough Landing in Q2

Posted: July 24, 2018 at 11:25 am

When JetBlue Airways Corp. (NASDAQ: JBLU) reported its most recent quarterly results before the markets opened on Tuesday, the airline posted $0.38 in earnings per share (EPS) and $1.93 billion ...
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Why United Continental Earnings Are Taking Off

Posted: July 18, 2018 at 9:50 am

When United Continental Holdings Inc. (NYSE: UAL) reported its most recent quarterly results after the markets closed on Tuesday, the airline operator said that it had $3.23 in earnings per ...
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