Southwest Airlines Co (SWN.BE)
- Yahoo Finance Video
Stocks open lower on US GDP print, tech earnings
The major stock market averages (^DJI, ^IXIC, ^GSPC) are opening Thursday lower on the first-quarter GDP print and Big Tech stocks earnings results. The Morning Brief's Seana Smith and Brad Smith monitor the market action after the opening bell, while Senior Markets Reporter Jared Blikre takes a closer look at these stocks' performance entering the morning session: Altria Group (MO), Caterpillar (CAT), and Southwest Airlines (LUV). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Southwest Airlines slashes Boeing delivery target in Q1 miss
Southwest Airlines (LUV) stock is spinning out in Thursday's pre-market session, falling after the airline operator slashes its expectations for the number of Boeing 737 Max jets (BA) it will receive in 2024. Amid safety concerns and several probes by federal regulators, Boeing is experiencing a backlog in aircraft deliveries it has promised to operators. Morning Brief Co-Hosts Seana Smith and Brad Smith report on Southwest's earnings results and its capacity forecasts. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
PRESS DIGEST- New York Times business news - April 26
The following are the top stories on the New York Times business pages. - Southwest Airlines is ceasing operations at four airports, and reducing flights from others, in an effort to cut costs as its growth plans were also curtailed by fewer-than-expected plane deliveries from Boeing. - BHP Group, the world's largest mining company, has proposed a takeover of its rival Anglo American, in a deal valued at 31.1 billion pounds ($38.87 billion)that has the potential to shake up the industry at a time when demand for copper is soaring.
