United Continental is predicting sunny skies ahead. The carrier is hiking its profit margin forecast for the third quarter. This is partially due to a new credit card agreement for frequent fliers, which the airline says will provide it with extra revenue. Shares rose more than 6.5 percent to $55.71.
American Airlines also rallied today. The company reported a seven percent increase in traffic last month. That’s the biggest jump in that metric for the carrier this year. Shares were nearly seven percent higher to $42.42.
Johnson & Johnson
Johnson & Johnson has begun a clinical trial of its experimental Ebola vaccine in Sierra Leone. This is there is currently no licensed vaccine or cure for the deadly disease. The Dow component rose slightly to $95.37.
SolarWinds, a company that makes software that businesses use to manage their data networks, says its exploring strategic alternatives. The company could pursue a sale. Its market cap is around $3.5 billion. The stock soared more than 13 percent to $47.49.
EMC & Dell
EMC saw its shares rise on continued reports of a potential deal with Dell. As we told you last night, Dell could purchase the company in what would be the biggest tech tie up ever. Today CNBC reports that Dell could offer at least $30 dollars a shares for the firm. Shares of EMC rose 2.5 percent to $27.86. Dell is privately held.