New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2013
11:50 EDTDAL, PNCLQPinnacle Airlines reaches agreements to provide viable path out of Chapter 11
Pinnacle Airlines (PNCLQ) and its wholly owned subsidiaries have entered into comprehensive agreements that, among other things, provide a path forward for the company to emerge from bankruptcy with a competitive cost structure and a viable long-term business plan. Under Pinnacle's new business plan, the company will transition its fleet to operate a fleet of 81 fuel-efficient, two-class regional jets for Delta Air Lines (DAL). The comprehensive agreements among Pinnacle, Delta, the Air Line Pilots Association, International and the Official Committee of Unsecured Creditors in Pinnacle's Chapter 11 cases include: An amendment to the company's existing debtor-in-possession credit facility, to provide Pinnacle with $30M of additional liquidity to support its continued operation through emergence from Chapter 11 and an additional $22M to fund certain required payments to Pinnacle's pilots under a Bridge Agreement and related employer taxes. Amendments to the existing operating agreements with Delta that form the basis of the new business plan. Pinnacle will receive Delta Connection's next 40 CRJ-900 aircraft awarded, setting Pinnacle's long-term fleet plan at 81 CRJ-900 aircraft. The 40 additional CRJ-900 aircraft deliveries are planned to begin in the fall of 2013 and are expected to be completed by year-end 2014. Pinnacle's 140 CRJ-200 aircraft will be removed from operation over the next two to three years.
News For PNCLQ;DAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 17, 2015
10:57 EDTDALDelta Air Lines may face activist involvement, The Deal says
Dan Loeb's Third Point and David Tepper's Appaloosa Management have previously disclosed stakes in Delta and the company could attract activist attention while it faces union unrest and increase pressure from regulators, said TheDeal.com's Lou Whiteman.
July 15, 2015
16:28 EDTDALOn The Fly: Top stock stories for Wednesday
Subscribe for More Information
16:00 EDTDALOptions Update; July 15, 2015
Subscribe for More Information
12:34 EDTDALGundlach says still short Chipotle, Delta, though may soon exit those positions
Subscribe for More Information
12:18 EDTDALOn The Fly: Top stock stories at midday
Subscribe for More Information
10:24 EDTDALDelta Air Lines sees Q3 non-fuel CASM to be flat, CapEx $800M
10:23 EDTDALDelta Air Lines expects fuel costs to be 'enormous tailwind'
Subscribe for More Information
10:18 EDTDALDelta Air Lines expects Q3 revenue to be under pressure, declining slightly YoY
Subscribe for More Information
10:16 EDTDALDelta Air Lines say company is working towards Gol joint venture
The copmany said a strong dollar and surcharges had remained headwinds for its international business.
10:08 EDTDALDelta Air Lines sees Q4 domestic growth of 2%, international capacity down 3.5%
Subscribe for More Information
10:07 EDTDALDelta Air Lines says business environment remains 'generally favorable'
Subscribe for More Information
09:23 EDTDALOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Bank of America (BAC), up 2.9%... CSX (CSX), up 2.6%. ALSO HIGHER: Hertz (HTZ), up 3.9% after being upgraded to Buy from Hold at Deutsche Bank. NOTABLE: Receptos (RCPT), up 10.5% following deal to be acquired by Celgene (CELG)... Celgene is up 7.9% after announcing acquisition of Receptos... UP AFTER RECEPTOS/CELGENE DEAL: ZIOPHARM Oncology (ZIOP), up 1.7%... Arena Pharmaceuticals (ARNA), up 6.5%. DOWN AFTER EARNINGS: Delta Air Lines (DAL), down 2.4%. ALSO LOWER: Mead Johnson (MJN), down 4.8% after reducing fiscal 2015 EPS guidance... Columbia Pipeline Partners (CPPL), down 5.6% after 4.64M share Block Trade priced at $24.15... SINA (SINA), down 2.7% after being downgraded to Hold from Buy at Deutsche Bank... MacroGenics (MGNX), down 2.8% after 3.25M share Secondary priced at $37.00.
07:34 EDTDALDelta Air Lines sees Q3 unit revenue down 4.5%-6.5%
Sees Q3 fuel price $1.90-$1.95. Sees Q3 CASM-Ex to be flat and system capacity to be approximately 3%.
07:32 EDTDALDelta Air Lines reports Q2 Passenger revenue $9.14B
Subscribe for More Information
07:32 EDTDALDelta Air Lines sees Q3 EPS growth of 30%, consensus $1.64
Sees Q3 operating margin of 19%-21% and Q3 operating cash flow of $1.9B.
07:31 EDTDALDelta Air Lines reports Q2 adjusted EPS $1.27, consensus $1.21
Reports Q2 revenue $10.71B, consensus $10.65B
July 14, 2015
15:02 EDTDALDelta Air Lines July 43.5 straddle priced for 4% movement into Q2
15:01 EDTDALNotable companies reporting before tomorrow's open
Subscribe for More Information
13:48 EDTDALDelta Air Lines technical commentary ahead of results
The stock has been in a steady but shallow downtrend since hitting a peak of price in late January of this year. If the news continues to be bearish, the first large zone of support is at the $40 area. A break below $40 would confirm a break of the long term uptrend. Next supports would be at $38.83 and then at $37.82. If the news is a bullish surprise, the first resistance level of note is at $45.22. Thereafter next resistance is at $46.71 and $49.23. The life high for the shares is at $51.06.
July 13, 2015
19:39 EDTDALDelta offers to invest in Skymark Airlines, Nikkei says
Delta Air Lines has offered to invest in Skymark Airlines in a move that would see Delta taking a roughly 20% stake in the company, reports Nikkei. Reference Link
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use