Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buyback
Southwest Airlines raised its third-quarter revenue forecast on Thursday and detailed a host of changes to its business model.
Investors are finally experiencing the ‘everything’ bull market — and it may last, this strategist says
Jim Paulsen says a broad-based rally can now take place because the Fed cut interest rates.
Oil prices slump after report Saudi Arabia to scrap price target, boost output
Oil futures fell Thursday morning, feeling pressure after the Financial Times reported that Saudi Arabia was ready to abandon its $100-a-barrel price target as it...
Community Financial System CEO defends rich valuation and eyes more deals
Chief executive of the KBW Regional Bank Index component defends his company’s premium valuation based on a higher proportion of net interest income.
Why stock-market investors are freaking out over economic data they used to ignore
Investors are increasingly on edge about incoming economic data as the Federal Reserve works to cut rates and secure a soft landing for the economy
Listed German private-equity firm tumbles after Gotham City short-sale report
Shares of Mutares, a German investor that seeks to turn around medium-sized companies, tumbled after the publication of a short-selling report.
Under-fire Commerzbank sets ambitious profit goal
Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns.
Treasury yields hold near 3-week highs as traders eye barrage of economic updates
U.S. government bond prices were little changed early Thursday, with the benchmark 10-year Treasury yield hovering near its highest level since early September as investors...