Latest United Continental Holdings Inc News

Warren Buffett's firm adds to Apple, Teva investments

Aug. 14, 2018 7:06 PM EDT

OMAHA, Neb. (AP) — Investor Warren Buffett's company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments. Berkshire Hathaway Inc. filed an update on its U.S. stock portfolio with the Securities and Exchange...

China says 4 American airlines missed Taiwan deadline

Jul. 27, 2018 4:48 PM EDT

BEIJING (AP) — Chinese regulators appear to have rejected a possible attempt by U.S. airlines at a compromise over Beijing's demand to call self-ruled Taiwan a part of China, an order Washington opposed. The communist mainland's latest effort to use China's growing economic clout to isolate Taiwan's...

Airlines trim flights, make other tweaks to offset fuel

Jul. 26, 2018 4:44 PM EDT

DALLAS (AP) — Airlines are bowing to the pressure of higher fuel prices by culling unprofitable flights while trying to boost revenue by being nicer to customers. American Airlines said Thursday it will join rivals by growing more slowly during the rest of 2018 than it had originally planned. Airline...

US airlines cave to China's demand on referring to Taiwan

Jul. 25, 2018 5:44 PM EDT

The Trump administration, several U.S. senators, and Taiwanese business leaders had been urging the three biggest U.S. airlines in recent weeks to stand up against China's demand about how they describe Taiwan on their websites. The U.S. airlines, looking at the explosive growth in China's air-travel market,...

Asian stocks drift as investors await fresh moves on trade

Jul. 19, 2018 12:50 AM EDT

SEOUL, South Korea (AP) — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes. KEEPING SCORE: Japan's Nikkei 225 added 0.2 percent to 22,839.59, while South Korea's Kospi shed 0.2 percent to 2,285.99. Hong Kong's Hang Seng edged 0.1...

United Airlines stock soars on more upbeat 2018 forecast

Jul. 18, 2018 5:18 PM EDT

DALLAS (AP) — United Airlines had its best day on the stock market in two years — pulling other airlines along in its slipstream — after saying it can cover most of the increase in fuel prices. Shares of United Continental Holdings Inc. rose $6.38, or 8.8 percent, to close Wednesday at $79....

United Continental and Grainger rise; Devon Energy skids

Jul. 18, 2018 4:30 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: CSX Corp., up $4.56 to $69 The railroad's profit surpassed Wall Street estimates as it continue to cut costs and improve its operations. United Continental Holdings Inc., up $6.38 to $79 The airline said demand for tickets is...

Markets Right Now: Airlines, banks lead US stocks higher

Jul. 18, 2018 4:08 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending modestly higher as big gains for transportation and financial companies were partly offset by losses elsewhere. Airline stocks rose sharply Wednesday, led by a 8.8 percent surge in United Continental...

Jet fuel spike sends 2Q profit lower at United Airlines

Jul. 17, 2018 6:09 PM EDT

DALLAS (AP) — Rising fuel prices are cutting into profit at United Airlines, although strong travel demand is helping the airline cope by pushing travelers' prices higher as the summer travel season hits full speed. United reported Tuesday that second-quarter profit was $684 million, down 17 percent from a...

United Airlines plane evacuated after smoke in cabin

Jul. 1, 2018 11:57 PM EDT

WASHINGTON, D.C. (AP) — The Metropolitan Washington Airports Authority says passengers evacuated a plane at Reagan National Airport after smoke was reported in the cabin. MWAA tells news outlets that the Houston-bound flight was taxing for takeoff when emergency crews were called for a report of smoke in...