News Highlights: Top Company News of the Day - Thursday at 9 AM ET
January 25 2024 - 8:15AM
Dow Jones News
American Airlines stock jumps toward best post-earnings gain in 3 years
American Airlines' stock took flight Thursday after the air
carrier beat fourth-quarter profit expectations by a wide margin
and provided an upbeat 2024 outlook, while recording best-ever
flight-reliability measures over the holiday period.
Southwest Earnings Miss as Pilot Contracts Weigh. The Stock Is Rising Anyway.
The carrier had nearly 17,000 cancellations around Christmas in
2022.
Comcast sheds fewer internet subscriber than expected while beating on earnings
Broadband subscriber losses have been a notable story for cable
stocks lately.
Alaska Airlines Warns of $150 Million Hit From Boeing Grounding
The company says the grounding of its Boeing fleet after a
midflight door-plug blowout will weigh on its ability to increase
flying capacity.
Bud Light's Comeback Tour Will Hit the Super Bowl, Its Biggest Stage Yet
Bud Light is returning to the Super Bowl with a 60-second ad
representing the beleaguered beer's biggest bid to recover from a
consumer boycott last year.
Apple's Smartphone Shipments in China Fell in Fourth Quarter
Shipments were hurt by weaker consumer demand and rising market
share for rival Huawei Technologies.
Red Sea Attacks Push BHP to Divert Shipping
The mining giant's decision is the latest sign of how Houthi
attacks in the region have upended global trade.
Insurers Rake In Profits as Customers Pay Soaring Premiums
The shares of Travelers and Allstate have climbed to records
after big rate increases.
Tesla Makes It Harder for Investors to Ignore Its Problems
CEO Elon Musk wants people to think of Tesla as a tech company,
but auto-company snags keep getting in the way.
FAA Puts Limits on Boeing 737 Output, Clears Path for Grounded Jets to Fly
The agency will allow Alaska Airlines and United Airlines to
inspect jets and fly them again after a door-plug blowout.
(END) Dow Jones Newswires
January 25, 2024 09:00 ET (14:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.