THE NEWS: Continental Airlines slid to a second-quarter loss of $3 million, or $25 million after one-time gains and expenses. Still, Wall Street expected worse.
| CAL | 14.34 |
WHY?: Record fuel prices. Fuel spending rose $542 million--66 percent--from a year ago.
THE BACKGROUND: The company is grounding gas-guzzling planes and even switching to lighter food carts and life vests to reduce weight, improve mileage.

The British government withdrew most of its home sales statistics for the last three years on Thursday because of doubts about the accuracy of th...
Christina Applegate has had both of her breasts removed after being diagnosed wi...
Shares of some top computers companies were down at the close of trading: Apple Inc fell $1.86 or 1.1 percent, to $173.53.


Professional Website Design For Corporate - Get a Free Quote Today