United Airlines, Less Uncertain
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United Airlines (NASDAQ:UAL) has recovered early losses and is clinging to a modest gain on Thursday, as the company’s underwhelming second quarter results were offset by assurances from the CEO regarding the second half of this year and disruptions at a major hub.
United Airlines shares rose 4% as the U.S. carrier projected improved demand since the start of July, an upbeat tone after the industry came under pressure from the fallout of President Donald Trump's budget cuts and trade tensions.
When an airline makes a mistake, the airline must fix it, not you. And this was quite a mistake, and an insensitive one at that. I can’t even make an international connection in Frankfurt in
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Wall Street is hanging near its records on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was virtually unchanged in early trading and just a bit below its all-time high set a week before.
The Nasdaq rose to a record high on Thursday, leading a cautious climb across Wall Street's major indexes, as strong economic data lifted spirits and airline stocks took off on United Airlines' results.
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(Reuters) -United Airlines shares fell 3% in premarket trading on Thursday, after the U.S. carrier flagged a hit to third-quarter earnings from operational snags at Newark airport. The Newark airport,