Rocket Testing Lifts Off at NASA Marshall
NASA and Boeing teams lifted critical Space Launch System (SLS) test hardware into place at Marshall Space Flight Center. “I wish all of America could be here to see this. It’s history in the making,…
Category: Finance News
Caesars Announces First Republic Branded Hotel
Caesars Republic Scottsdale to Break Ground in Second Half 2019 LAS VEGAS, January 28, 2019 – Caesars Entertainment Corporation (NASDAQ: CZR), the world’s most diversified casino-entertainment company today announced plans to open Caesars Republic Scottsdale, its…
Union Pacific Profit Beats Estimates
(Reuters) - Union Pacific Corp (UNP.N), one of the biggest U.S. railroads, on Thursday reported higher-than-expected quarterly profit and said efficiency gains will bolster profits in 2019. Shares in the company, which connects 23 states…
Norfolk Southern Increases Quarterly Dividend 8%
Norfolk, Va. - Jan 23, 2019 Norfolk Southern Corporation announced that its board of directors today approved an 8 percent increase in its quarterly dividend on the company’s common stock, from 80 to 86 cents…
Avianca Brasil Looking for Additional Capital
SAO PAULO, Jan 22 (Reuters) - Avianca Brasil, which filed for bankruptcy protection in December, is looking for a cash injection and has hired Brazilian consulting firm Galeazzi & Associados to help in talks with…
Boeing Autonomous Air Vehicle Completes First Flight
Boeing NeXt program tests prototype to advance safety and technology of urban air mobilityElectric vertical takeoff and landing vehicle has design range of up to 50 miles MANASSAS, Va., Jan. 23, 2019 /PRNewswire/ --Boeing [NYSE: BA] yesterday…
United Airlines Announce Repeat Orders for 737 MAX and 777
SEATTLE, WA Jan 16, 2019 – Boeing [NYSE:BA] and United Airlines [NASDAQ:UAL] announced the carrier ordered 24 additional 737 MAX jets and four more 777-300ER (Extended Range) airplanes last year. The $4.5 billion order, according…
Norwegian Air to Shut Bases & Axe Routes to Cut Costs
OSLO, Jan 16 (Reuters) - Budget carrier Norwegian Air will axe a number of routes in Europe and to the U.S and the Middle East, shutting several bases as part of a cost-cutting plan announced…
United Airlines Reports Full-Year and Fourth-Quarter 2018 Performance
PR Newswire - January 15, 2019 Q4 unit revenue up 5.0% year-over-year; full-year diluted 2018 EPS of $7.70; adjusted diluted EPS of $9.13 CHICAGO, Jan. 15, 2019 /PRNewswire/ -- In a departure from industry trends, United (UAL) announced today that…
PG&E Talking to Banks on Multibillion Dollar Bankruptcy
(Reuters) - PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign that Chapter 11 filing preparations are intensifying in the wake of potentially staggering…