GE shares gyrate as it reports loss, lifts full-year forecast

[ad_1] General Electric raised its full-year profit forecast despite reporting a second-quarter loss General Electric lifted its full-year profit forecast on Wednesday, while warning that US-China trade tensions and the grounding of the Boeing 737 MAX remain lingering uncertainties. The industrial giant, which has been beset by a downturn in its power business for more […]

Air Canada lifts Q2 earnings despite 737 MAX grounding

[ad_1] Air Canada reported a 3.6 percent increase in traffic and 10.2 percent increase in revenues from the business cabin Profits at Air Canada beat expectations in the second quarter thanks to higher travel volumes and rising business class income, the airline said Tuesday. The positive earnings came despite the grounding of the company’s fleet […]