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U.S. carriers bet on long oil slump as millions lost to hedging
2015-12-01 06:43:00| Airlines - Topix.net
Two of the world's biggest airlines are betting that oil prices won't rally anytime soon, growing more cautious after losing hundreds of millions of dollars on hedges. United Continental Holdings Inc. and Delta Air Lines Inc. have reduced fuel hedging as oil plunged close to a six-year low.
US stocks recover from early slump; price of oil spikes
2015-11-25 06:48:27| Apparel - Topix.net
Trader Kenneth Polcari works on the floor of the New York Stock Exchange, Tuesday, Nov. 24, 2015. Stocks are opening modestly lower, following declines in Europe.
Airlines Bet on Long Oil Slump After Millions Lost to Hedging
2015-11-25 06:38:29| Airlines - Topix.net
Two of the world's biggest airlines are betting that oil prices won't rally any time soon, growing more cautious after losing hundreds of millions of dollars on hedges. United Continental Holdings Inc. and Delta Air Lines Inc. have reduced fuel hedging as oil plunged close to a six-year low.
US stocks recover from early slump; price of oil spikes
2015-11-25 02:32:08| Energy - Topix.net
Stocks overcame an early stumble Tuesday and finished modestly higher as investors shook off concerns about heightened tensions in the Middle East and a drop in consumer confidence.
US stocks recover from early slump; price of oil spikes
2015-11-25 00:20:54| Chemicals - Topix.net
Stocks overcame an early stumble Tuesday and finished modestly higher as investors shook off concerns about heightened tensions in the Middle East and a drop in consumer confidence. The price of oil spiked after Turkey shot down a Russian fighter plane that Turkey said had violated its airspace and ignored warnings.
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