JetBlue Airways (JBLU) Shares Jump with Conference Call Underway
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
JetBlue Makes Strategic Investment in JetSuite
October 25, 2016 8:01 AM EDTNEW YORK, Oct. 25, 2016 /PRNewswire/ --Â JetSuite Inc., one of the largest private jet companies in the U.S., today announced that JetBlue Airways (NASDAQ: JBLU) has made a minority equity investment in the company, helping fuel its fast-growing JetSuiteX service.
JetSuiteX, now the fastest growing public charter company in the U.S., is changing the game in short-haul air travel by offering a private jet experience that is affordable and accessible to a broad audience. Signature elements of the experience include no lines, the ability to check in... More
JetBlue Announces Third Quarter Results
October 25, 2016 7:34 AM EDTNEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the third quarter 2016:
Operating income of $354 million in the third quarter, an increase of 1% over the third quarter of 2015. Pre-tax income of $330 million in the third quarter, an increase of 2.6% over the third quarter of 2015. Net income of $199 million, or $0.58 per diluted share. This compares to JetBlues third quarter 2015 net income of $198 million, or $0.58 per diluted share.Financial Performance
JetBlue... More