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December 11, 2012
08:11 EDTDALCorrection: Delta to invest $360M in acquiring 49% stake in Virgin Atlantic
Delta Air Lines and Virgin Atlantic Airways have reached an agreement for a new joint venture that will create an expanded trans-Atlantic network and enhance competition between the U.K. and North America, offering greater benefits for customers traveling on those routes. As part of this joint venture agreement, Delta will invest $360M in Virgin Atlantic, acquiring a 49% stake currently held by Singapore Airlines. Virgin Group and Sir Richard Branson will retain the majority 51% stake and Virgin Atlantic Airways will retain its brand and operating certificate. Delta also will begin introducing in-flight WiFi service on international flights beginning in 2013. This corrects previous story that said Delta will acquire 49% stake in Singapore Airlines.
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November 22, 2015
18:29 EDTDALDelta CEO says Boeing offered used 777s for $10M, Bloomberg reports
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November 18, 2015
17:48 EDTDALGrupo Aeromexico confirms Delta intention to increase stake in company
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16:39 EDTDALDelta to acquire up to additional 32% of Grupo Aeromexico outstanding shares
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November 16, 2015
09:59 EDTDALOmega bought Valeant in Q3, sold some SuneEdison
Leon Cooperman's Omega Advisors gave a quarterly update on its stakes in a filing this morning, disclosing its positions as of September 30. NEW STAKES: Pfizer (PFE), Valeant (VRX) Walgreens Boots Alliance (WBA), TerraForm Global (GLBL), Cigna (CI). INCREASED STAKES: Google Class A (GOOGL), Facebook (FB), Delta Air Lines (DAL). DECREASED STAKES: SunEdison (SUNE), Shire (SHPG), Citi (C), KAR Auction (KAR), LyondellBasell (LYB). LIQUIDATED STAKES: McKesson (MCK), 21st Century Fox (FOXA), General Motors (GM), QEP Resources (QEP), eBay (EBAY).
05:38 EDTDALDelta Air Lines implied volatility of 33 at lower end of index mean range
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