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An effort to drive all ticket sales through company channels bycutting out travel agencies and ticketing services costs American dearly with business fliers.
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Shares of Newell Brands, the parent company of Contigo, Graco and other household products, powered higher in early Friday trading after the company beat second-quarter profit expectations and raised the full-year outlook, as sales and gross margin continued to improve.
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Deckers upped its profit forecast for the year and mentioned "robust full-price demand" for its Hoka and Ugg brands.
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Southwest Airlines announced that it will drop the open seating model it's used since its founding more than 50 years ago. The airline is under pressure to boost profits.
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American Airlines' stock sank Thursday toward the lowest prices seen in four years, after the air carrier warned of a big third-quarter profit miss, citing both company specific and industry challenges.
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Shares of Skechers USA Inc. rose after hours on Thursday after the comfort-footwear maker announced a $1 billion buyback and bumped its full-year profit outlook higher, as retailers stocked up on Skechers shoes and the company made gains abroad.
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Stockholders pay the price when executives and directors choose profits over ethics.
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