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Airlines encounter business turbulence amid rising profits

2015-08-25 16:03:30| Airlines - Topix.net

The recent prosperity of airlines in the United States is great for the bottom line, but could it be sewing the seeds of trouble for the carriers? That's the question posed by the Wall Street Journal as airlines such Dallas-based Southwest Airlines Co. and Delta Air Lines deal with recent labor problems, federal investigators have begun two separate probes of whether the nation's carriers violated competition rules, and shareholders' concerns of a stall in the market have hammered stock prices.

Tags: business rising profits encounter

 

Fate Of Ocean Avenue Waldbaum's Uncertain Amid A&P Bankruptcy

2015-08-25 12:09:34| Grocery - Topix.net

The 3100 Ocean Avenue location is not included on the list of stores slated to be closed or sold as part of the bankruptcy filing of the grocery chain's parent company, A&P, according to the company's website . In a letter to customers posted on A&P's website the company assured that the majority of its stores "remain open for business and we will continue to serve your shopping needs during this process."

Tags: avenue ocean bankruptcy fate

 
 

Apple Shares Drop Below $100 Amid Wider Stock Market Downturn

2015-08-25 09:55:26| Beverages - Topix.net

Apple shares dipped below $100 in pre-market trading today amid a wider Dow Jones and stock market downturn, with AAPL fluctuating around the $98-$100 mark prior to the Nasdaq and New York Stock Exchange opening bell at 9:30 AM Eastern. Apple shares last dropped below $100 in October 2014, four months after opening at $92.69 following a 7-for-1 split that took effect in June 2014.

Tags: market stock drop apple

 

Investors Flee To Bonds Amid A Global Stock Panic

2015-08-24 19:31:15| Railroads - Topix.net

For the first time in quite a while, stock investors are feeling the wrath of what a correction feels like. While the market as a whole is only down about 7% , similar to the short-lived drop experienced last October, many widely-held stocks have reached bear-territory, which is traditionally defined as a 20% breakdown in value.

Tags: stock global investors bonds

 

U.S. Media Stocks Tumble Amid "Black Monday" Carnage

2015-08-24 17:46:55| Telecom - Topix.net

The U.S. stock market began Monday down sharply amid continued worries about China's deflated currency and whether six years of bullish gains was a bubble about to burst. The Dow Jones Industrial Average dropped more than a 1000 points, or more than five percent, in the opening hour of trading.

Tags: media black monday stocks

 

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