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Home values show signs of stabilizing, but nearly half of Tampa area homeowners owe more on their mortgages than their homes are worth. ...more
November 10, 2009
Southwest Airlines attributed the loss to a $247 million special accounting charge against its fuel-hedging program for the quarter, which ended Sept. 30. Those contracts are less valuable now that oil prices have plunged by nearly half since July. ...more
October 17, 2008
Southwest Airlines, the busiest carrier at Tampa International Airport, reported its first quarterly loss in more than 17 years after taking a $247 million special accounting charge on its fuel hedging program for the period ending Sept. 30. The Dallas-based airline said it achieved an operating profit for the 70th consecutive quarter, but the special charge resulted in a $120 million loss, or 22 cents a share, for the third quarter. ...more
October 16, 2008
Bank of America's third-quarter earnings dropped 32 percent, badly hurt by a spike in consumer credit costs and the poor performance of an investment banking unit that has clamored for respect on Wall Street. ...more
October 19, 2007
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