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Southwest Airlines Co.'s stock tumbled 8.5% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.
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AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.
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Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well Yahoo FinanceSouthwest Quits Four Airports in Cost-Cutting Drive The New York TimesSouthwest Airlines to exit airports as loss widens and revenue falls short MarketWatchSouthwest to Exit Four Airports as Boeing's Problems Ripple Through Industry The Wall Street JournalSouthwes
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