General Motors 2Q Profit More Than Doubles On U.S. EarningsGeneral Motors' second-quarter profit more than doubled to a record $2.87 billion, even as the company cut sales to rental car companies and saw its sales fall in the U.S., its most lucrative market.
GM Profits More Than Double On Record N. America EarningsGeneral Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America.
American Airlines To Give Profit Sharing To EmployeesComing off record earnings, American Airlines says it will make profit-sharing payments to employees. Fort Worth-based American said Wednesday that it will share 5 percent of its pretax earnings.
J.C. Penney Posts 4Q Loss, But Is Winning Back CustomersJ.C. Penney Co. is reporting its fourth-quarter loss widened from a year ago, dragged down by restructuring costs. But its adjusted profit met analysts' estimates and the department store chain saw an uptick in spending for the holidays.
American Airlines Beats 4th Quarter Profit ForecastsFort Worth-based American Airlines reported a record profit for the fourth quarter and all of 2015 as a sharp drop in fuel prices more than offset lower revenue.
Whole Foods Cuts Outlook After 3Q Sales, Profit MissWhole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition.
Southwest Airlines Meets 2Q Profit ForecastsDallas-based Southwest Airlines Co. on Thursday reported second-quarter profit of $608 million.
Airlines Expect Another Big Year With Help From Cheaper FuelLeaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.
DFW Gas Prices Falling In Time For The HolidaysAs holiday shoppers look for deals the best one could be found at the gas station.
Southwest's 4Q Profit Rises On Lower Fuel SpendingSouthwest Airlines is making more money thanks to a lower fuel bill and higher average fares. The company said Thursday that 4Q net income was up $134 million from a year earlier.
Six Flags Entertainment's Profit Falls Following Rider's DeathSix Flags Entertainment Corp.'s net income tumbled 52 percent in the third quarter amid the death of a roller coaster rider in July.
Higher Fares Help Southwest Airlines' ProfitHigher fares helped Southwest Airlines make more money than Wall Street expected in the first quarter, but the company said that automatic federal spending cuts could hurt revenue in April.