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Mainline passenger load factor was a record 87.1%, up 0.2 percentage points from the previous year.
U.S. Airways Group (NYSE:LCC) reported that June mainline revenue passenger miles was 5.7 billion, up 2.5% year-over-year. Mainline capacity was up 2.3% to 6.6 billion available seat miles.
The company is lowering its full year 2011 adjusted EPS guidance as a result to a range of $2.90 to $3.00, vs. consensus estimates of $3.07 per share, and sees Q2 EPS of $0.42 to $0.44.
Sam K. Reed, Chairman and CEO, said, "While we are encouraged by our ongoing top line strength, I am disappointed that we are delivering results below our expectations.
TreeHouse Foods (NYSE:THS) announced that the lag in the company's pricing actions in response to higher freight, transportation, packaging and other related commodity costs has continued and is expected to be most acute during Q2
NUE shares are up slightly 0.07% to $40.74.
Nucor Corp. (NYSE:NUE), a manufacturer of steel and steel products, today released its guidance for Q2 ending July 2. The company expects Q2 earnings to range between $0.75 and $0.80 per diluted share, representing a 160% to 180%
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Xerox (NYSE:XRX) traded today at a new 52-week high of $9.62. So far today approximate ...
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VF Corp (NYSE:VFC) traded today at a new 52-week high of $192.94. This new high was re ...
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Shares of United Online (NASDAQ:UNTD) traded today at $7.67, breaking its 52-week high. ...
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UnitedHealth (NYSE:UNH) traded at a new 52-week high today of $65.91. So far today app ...
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Shares of Ultimate Software (NASDAQ:ULTI) traded today at $116.68, breaking its 52-week ...
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Monotype Imaging Holdings (NASDAQ:TYPE) traded today at a new 52-week high of $26.87. ...
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Tower Group (NASDAQ:TWGP) traded at a new 52-week high today of $20.85. So far today a ...
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Shares of Tetra Tech (NASDAQ:TTEK) traded today at $22.56, breaking its 52-week low. T ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
