Airline Stocks Rally On Oil Glut, Nestle Recalls Chocolate: Consumer Business Report
Airline stocks such as Delta Air Lines (NYSE:DAL), JetBlue Airways Corporation (NASDAQ:JBLU), Southwest Airlines (NYSE:LUV), and United Continental Holdings (NYSE:UAL) all moved up on the day while several oil analysts forecast further downward price action ahead with domestic inventories and output high. Also, the sector is receiving a push as the New York-region airports recover rapidly from the latest winter storm.
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Nestle (NSLYF.PK) says that its United States unit will recall certain Nesquik chocolate powder products because of a possible risk of salmonella contamination. The packages in question show an expiry date of October 2014.
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