106.3 WORD TRAFFIC

    Corporate stock

    FILE - In this Dec. 14, 2007 file photo, a traveler uses a Delta SkyMiles credit card to buy an airline e-ticket at the Bob Hope Airport in Burbank, Calif. American Express and Delta Airlines extended their credit card partnership through 2029, the companies jointly announced Tuesday, April 2, 2019, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Delta also raised its outlook for first-quarter profit, helping to lift its shares and the shares of other airlines. (AP Photo/Damian Dovarganes, File)
    April 02, 2019 - 4:20 pm

    Delta, AmEx renew credit card deal; Delta boosts outlook

    NEW YORK (AP) — American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced Tuesday, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Separately, Delta raised its...
    Read More
    FILE - In this Jan. 31, 2018, file photo, a Lyft logo is installed on a Lyft driver's car in Pittsburgh. Lyft’s stock fell 10 percent in trading Monday, April 1, 2019, just one day after the company went public. (AP Photo/Gene J. Puskar, File)
    April 01, 2019 - 4:32 pm

    Lyft shares skid below IPO price in first full trading day

    NEW YORK (AP) — Lyft's shares have slumped almost 12 percent in their first full day of trading following the ride-hailing company's initial public offering of stock. The shares closed Monday down $9.28 at $69.01. That's below the San Francisco-based company's IPO price of $72. In their stock...
    Read More
    FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. According to an assessment published Monday, April 1, 2019, by Moody’s Investors Services, the net profits of Saudi Aramco reached $111 billion last year. That places Aramco ahead of some of the world’s most profitable firms. In their first-ever grade assessment for Aramco, Fitch Ratings issued the firm an A+ rating, while Moody’s gave it it’s A1 rating ahead of its upcoming bonds sale. (AP Photo/John Moore, File)
    April 01, 2019 - 8:21 am

    Rare glimpse into Saudi Aramco shows $111 billion net profit

    DUBAI, United Arab Emirates (AP) — Saudi Aramco's net profits reached $111 billion last year, according to an assessment published Monday by Moody's Investors Services that offered a rare glimpse into the state-owned oil firm's finances before it issues its first bonds in international markets...
    Read More
    Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, Friday, March 29, 2019. On Friday the San Francisco company's stock will begin trading on the Nasdaq exchange under the ticker symbol "LYFT." (AP Photo/Ringo H.W. Chiu)
    March 29, 2019 - 6:48 pm

    Investors hail Lyft shares in IPO, see profits down the road

    SAN FRANCISCO (AP) — Lyft's shares soared as the company went public Friday, giving investors their first chance to bet on the future of the ride-hailing industry. The stock opened at $87.24, up 21 percent from its offering price of $72. It closed at $78.29, up 8.7 percent, giving the company a $27...
    Read More
    FILE- In this March 7, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 29. (AP Photo/Richard Drew, File)
    March 29, 2019 - 5:01 pm

    S&P 500 posts biggest quarterly gain in a decade; Lyft soars

    Stocks finished broadly higher on Friday as Wall Street closed out the first quarter with the market's biggest gain in nearly a decade. The benchmark S&P 500 index is now up 13.1 percent this year, a drastic turnaround for stocks after a jarring 14 percent sell-off in the last three months of...
    Read More
    FILE- In this Jan. 31, 2018, file photo, a Lyft driver opens the Lyft app on his phone while waiting for a fare in Pittsburgh. Lyft set the price for its stock at $72 per share late Thursday, March 28, 2019, setting the stage for the ride-hailing pioneer's hotly anticipated stock market debut. (AP Photo/Gene J. Puskar, File)
    March 28, 2019 - 6:41 pm

    Lyft's IPO lifts off at $72 a share, valuing company at $24B

    SAN FRANCISCO (AP) — Lyft set the price for its stock at $72 per share late Thursday, setting the stage for the ride-hailing pioneer's hotly anticipated stock market debut. The price is at the high end of a revision Lyft made after strong investor demand prompted the company to increase its initial...
    Read More
    FILE- In this Jan. 11, 2018, file photo, cars pass the Queensboro Bridge in New York. Ride-hailing giants Uber and Lyft have redefined what we expect from transportation. But it’s unclear whether the companies can turn their popularity into profits. (AP Photo/Frank Franklin II, File)
    March 28, 2019 - 11:15 am

    Ride-hailing giants face bumpy road to profitability

    NEW YORK (AP) — Ride-hailing giants Uber and Lyft have redefined what we expect from transportation, hooking customers on the immediacy of on-demand rides with a few clicks on a smartphone. But whether the companies can turn their popularity into profits is a question investors are asking as both...
    Read More
    March 27, 2019 - 5:30 pm

    Lyft hikes IPO target to $70-$72 a share

    SAN FRANCISCO (AP) — Lyft is raising the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service. With the revision disclosed Wednesday, Lyft is now seeking $70 to $72 per share, up from its previous goal of $62 to $68...
    Read More
    Speaker of the House Nancy Pelosi, D-Calif., joined at left by Energy and Commerce Committee Chair Frank Pallone, D-N.J., speaks at an event to announce legislation to lower health care costs and protect people with pre-existing medical conditions, at the Capitol in Washington, Tuesday, March 26, 2019. The Democratic action comes after the Trump administration told a federal appeals court that the entire Affordable Care Act, known as "Obamacare," should be struck down as unconstitutional. (AP Photo/J. Scott Applewhite)
    March 27, 2019 - 2:13 pm

    Centene to buy WellCare for $15B, create Medicaid powerhouse

    Centene is spending more than $15 billion on rival WellCare to dive deeper into government-funded health coverage in the same week that President Donald Trump's administration renewed its attack on the Affordable Care Act. The insurer said Wednesday that its cash-and-stock deal to buy WellCare will...
    Read More
    A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, March 26, 2019. Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. (AP Photo/Koji Sasahara)
    March 26, 2019 - 1:42 am

    Asian stocks rebound after slide on growth worries

    BEIJING (AP) — Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. Tokyo's Nikkei 225 index rose 2.3 percent to 21,454.02 and Hong Kong's Hang Seng gained 0.2 percent to 28,571.71. The Shanghai Composite Index lost 1 percent to 3,012.92...
    Read More

    Pages