Delta Air Lines Inc


  • Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.

  • Fitch upgrades Delta's credit rating Friday, 24 Oct 2014 | 1:36 PM ET

    CHICAGO— Fitch is upgrading Delta's credit rating, citing its improved balance sheet, solid operating performance and better-than-expected free cash flow. Fitch boosted Delta Air Lines Inc.' s issuer default rating one notch in junk status to "BB" from "BB-." The Atlanta company's stock added $1.11, or 2.9 percent, to $39.03 in Friday afternoon trading.

  • Congress passed the trade restriction in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. The group of 14 producers has "united to create an advocacy initiative to help repeal the outdated ban on crude oil exports," Daren Beaudo, a spokesman for ConocoPhillips, one of the member companies, said in an email. The U.S. drilling boom of the past...

  • Most active New York Stock Exchange-traded stocks Friday, 24 Oct 2014 | 1:17 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 6 percent to $33.87 with 28,797,000 shares traded. Bank of America Corp. rose. 7 percent to $16.72 with 39,556,100 shares traded.

  • Most active New York Stock Exchange-traded stocks Thursday, 23 Oct 2014 | 1:51 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell 2.4 percent to $33.66 with 54,340,400 shares traded. Advanced Micro Devices Inc. rose 1.9 percent to $2.69 with 23,669,400 shares traded.

  • Fuel costs ease, US airline profits soar Thursday, 23 Oct 2014 | 12:44 PM ET

    DALLAS— Profits are soaring at the biggest U.S. airlines as fuel prices drop— but don't expect fares to fall too. —The world's biggest airline operator, American Airlines Group Inc., earned an all-time best $942 million profit in the June-through-September quarter, nearly double the amount that American and US Airways earned separately last year before their...

  • Oct 23- Several U.S. airlines reported strong third-quarter profits on Thursday, helped by falling fuel costs, with many topping Wall Street's earnings per share estimates. The exception was United Airlines which fell 1.4 percent after it projected unit revenue for the current quarter below Wall Street's expectations. However, the Chicago- based carrier as...

  • Southwest CEO: Demand strong despite Ebola scare Thursday, 23 Oct 2014 | 11:28 AM ET
    A Southwest Airlines airplane departs Ronald Reagan National Airport in Washington.

    The 27 percent rise in quarterly profits reflected an increase in passenger boardings and lower fuel costs.

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • Delta plane clips smaller jet at Minnesota airport Thursday, 23 Oct 2014 | 4:14 AM ET

    MINNEAPOLIS— A Delta Air Lines plane clipped wings with a smaller jet as the two were preparing to take off from Minneapolis-St. Paul International Airport on Wednesday night, officials said. The smaller Embraer jet, flown by the Delta feeder Compass Airlines, was bound for Louisville, Kentucky, and had 74 customers on board. Federal Aviation Administration...

  • These stocks are the biggest winners since the dip Wednesday, 22 Oct 2014 | 9:58 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Thirty-two stocks in the S&P 500 have rebounded 10 percent or more since the market's low last week, including Chesapeake Energy, Delta and Southwest.

  • Airfare hikes not easy for fliers (and carriers) Tuesday, 21 Oct 2014 | 5:58 PM ET

    The price of a domestic one-way airline ticket is on the rise. And getting the increase to stick wasn't easy.

  • These sectors are leading the market rebound Tuesday, 21 Oct 2014 | 3:53 PM ET
    Traders on the floor of the New York Stock Exchange.

    The S&P sectors leading the market rebound are the same groups that led the decline: Materials, energy and industrials.

  • Watch Art Cashin: Stable oil prices support market Tuesday, 21 Oct 2014 | 3:02 PM ET
    Art Cashin

    Art Cashin of UBS Financial Services says oil above $82 is supportive of the market, helping major averages recover from last week's whipsaw action.

  • Most active New York Stock Exchange-traded stocks Tuesday, 21 Oct 2014 | 1:43 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. rose 1.4 percent to $16.48 with 43,696,500 shares traded. Coca-Cola Co. fell 6.1 percent to $40.67 with 33,182,900 shares traded.

  • Midday movers: FedEx, KB Home, Waters & more Tuesday, 21 Oct 2014 | 1:09 PM ET

    Some of Tuesday's midday movers:

  • Old-school industrials offer steely guidance Tuesday, 21 Oct 2014 | 10:21 AM ET
    A welder works on side assemblies for intermodal railcars at the Greenbrier Cos.' Gunderson railcar plant in Portland, Oregon.

    A number of old-school industrial companies and and multi-industry conglomerates have given investors something to cheer about with upbeat guidance.

  • Early movers: MCD, VZ, KO, UTX, HOG, CMG & more Tuesday, 21 Oct 2014 | 8:40 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • US airlines raise base fares on domestic flights Tuesday, 21 Oct 2014 | 6:56 AM ET

    The airlines are raising base fares on many domestic flights despite windfalls from lower fuel prices.

  • U.S. airlines raise fares by $2 on average Monday, 20 Oct 2014 | 7:06 PM ET

    Oct 20- Major U.S. airlines have raised domestic one-way fares by $2 on average since Thursday, marking the first industry wide increase in half a year. The news may quell investors' concern that airline revenue will fall if the Ebola virus discourages people from traveling, and the stocks of Delta Air Lines, American Airlines and United Airlines rose on average...