Latest Delta Air Lines Inc News
Delta says shutdown is costing $25M in January revenue
DALLAS (AP) — Delta Air Lines expects to lose $25 million in revenue this month from the partial government shutdown that is also creating checkpoint delays and long lines at the airline's Atlanta hub. Delta's revenue is more than $3 billion a month, so the setback isn't huge, and airline executives say...
Disappointing outlook from Delta drags down airline stocks
DALLAS (AP) — Airlines stocks were pummeled Thursday after Delta Air Lines Inc. trimmed its revenue forecast for the fourth quarter, renewing investors' fears that airlines will squander the savings they are reaping from the recent drop in fuel prices. Delta shares plunged nearly 9 percent, their worst...
Apple, Delta, Intel and 3M sink while Celgene soars
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: Apple Inc., down $15.73 to $142.19 The tech giant said iPhone sales in China weakened over the holiday season and will fall far short of Wall Street forecasts. Celgene Corp., up $13.79 to $80.43 Bristol-Myers Squibb agreed to buy...
CVS and Delta fall while Aflac and General Electric jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: CVS Health Corp., down $1.13 to $73.37 The New York Post reported that a judge might bar CVS from integrating its business with health insurer Aetna. Tailored Brands Inc., down $6.01 to $14.13 The apparel company cut its annual...
Delta's 2019 forecast helps send airline stocks lower
Delta Air Lines said Thursday that its profit will rise next year but not as much as Wall Street expected, and that helped push airline stocks lower. Forecasts of slower global economic growth are weighing on airlines because a slowdown would likely hurt demand for travel, which has been strong throughout 2018....
Tesla, Concho Resources fall; Overstock jumps
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday: Rockwell Collins Inc., up $11.86 to $141.54 Chinese regulators have conditionally approved the sale of the maker of communications and aviation electronics systems to United Technologies Corp. Tesla Inc., down $12.36 to $325.83 The...
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