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Stock Market & Financial Investment News

News Breaks
December 11, 2012
11:15 EDTDALDelta CEO says Virgin Atlantic JV to have 24%-25% share of U.S.-U.K. market
News For DAL From The Last 14 Days
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February 27, 2015
11:20 EDTDALStocks with call strike movement; TSLA DAL
Tesla (TSLA) June 245 call option implied volatility increased 3% to 40, Delta Air Lines (DAL) June 52.5 call option implied volatility increased 3% to 39 according to IVolatility.
February 26, 2015
07:12 EDTDALUBS to hold a conference
Aerospace & Defense, Airlines & Lessors 1:1 Conference is being held in Boston on February 26.
06:35 EDTDALBoeing, FedEx oppose punishing Gulf airlines for alleged subsidies, Reuters says
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February 25, 2015
09:16 EDTDALGogo selected by Delta Air Lines for in-flight connectivity
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February 24, 2015
07:30 EDTDALJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
06:29 EDTDALCriticism grows against U.S. airline attempts to limit Gulf airlines, WSJ says
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February 23, 2015
16:17 EDTDALBuckeye Partners reduces FY14 revenue by $40M due to settlement discussions
Buckeye Partners (BPL) announced revisions to its financial results for Q4 and FY14 due to a recent development. As has been previously disclosed, commencing in September 2012, Delta Air Lines (DAL), JetBlue (JBLU), United/Continental Air Lines (UAL), US Airways, and American Airlines (AAL) filed complaints with the Federal Energy Regulatory Commission challenging rates for transportation of jet fuel from New Jersey to three New York City area airports charged by Buckeye Pipe Line Company, an operating subsidiary of Buckeye. The Airlines are seeking payments for alleged past excessive charges and prospective tariff rate reductions. As the litigation has progressed, BPLC and the Airlines have continued to pursue settlement discussions. Due to positive developments in those settlement discussions subsequent to Buckeye's issuance of its 2014 earnings on Friday, February 6, Buckeye has recorded a reduction in revenue in the amount of $40M for the year ended December 31, 2014 in accordance with applicable accounting guidance regarding contingencies. This reduction in revenue is a one-time charge; therefore, Adjusted EBITDA and distributable cash flow for 2014 remain as reported on February 6th. The $40M is based upon a settlement offer made by BPLC to satisfy the claims for alleged past excessive charges through December 31, 2014, which offer has not been accepted by the Airlines. "While we continue to pursue settlement of this matter, we are not able to predict with certainty the final outcome of the proceeding, should it be carried through to its conclusion, or whether we can reach a satisfactory settlement and, if so, whether or not it will be on more or less favorable terms," the company said.
14:58 EDTDALDelta, American among airlines interested in Skymark tie-up, Nikkei says
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10:55 EDTDALStocks with call strike movement; TSLA DAL
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February 18, 2015
17:50 EDTDALDelta Air Lines reinstated with a Buy at BofA/Merrill
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