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Stock Market & Financial Investment News

News Breaks
December 11, 2012
11:17 EDTDALDelta CEO says Virgin Atlantic JV 'essential' over the next decades
News For DAL From The Last 14 Days
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May 16, 2013
08:28 EDTDALEU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link
May 15, 2013
09:29 EDTDALDelta Air Lines says expects 'record' June quarter
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May 14, 2013
07:17 EDTDALBofA/Merrill to host a conference
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May 10, 2013
06:47 EDTDALDelta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link
May 9, 2013
10:53 EDTDALGol Linhas, Delta expand codeshare agreement
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May 8, 2013
12:20 EDTDALOn The Fly: Midday Wrap
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12:03 EDTDALDelta Air Lines price target raised to $23 from $20 at Imperial Capital
Imperial Capital raised its price target for Delta Air Lines after the company established a dividend and announced a share repurchase program. The firm keeps an Outperform rating on the stock.
09:24 EDTDALOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
08:04 EDTDALDelta Air Lines announces capital deployment program
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08:02 EDTDALDelta Air Lines board authorizes $500M share repurchase program
The program will be completed no later than June 30, 2016.
08:02 EDTDALDelta Air Lines initiates quarterly dividend of 6c
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05:44 EDTDALU.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link

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