Delta Air Lines Inc
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The Fed sends the markets a mixed message about the end of quantitative easing; US millionaires aren't investing; immigration reform inches ahead.
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Airlines bucking the lower trend this morning: Delta, United Continental, US Airways, and Republic Airways rise three to four percent.
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May 15- Delta Air Lines Inc on Wednesday said it expects improved profit in the second quarter, aided by lower fuel prices. Stable revenues and declining fuel prices "should couple to make for some very nice margin expansion in the quarter," Delta President Edward Bastian told a Bank of America Merrill Lynch conference that was broadcast over the Internet.
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Delta Air rose$. 59 or 3.2 percent, to $18.84. JetBlue Airways Corp. rose$. 01 or. 2 percent, to $6.55. Southwest Airlines Co. rose$. 10 or. 7 percent, to $14.08.
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Delta Air rose$. 29 or 1.6 percent, to $18.18. JetBlue Airways Corp. fell$. 07 or 1.1 percent, to $6.54. Southwest Airlines Co. rose$. 06 or. 4 percent, to $14.01.
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Delta Air rose$. 19 or 1.1 percent, to $18.08. Southwest Airlines Co. rose$. 06 or. 4 percent, to $14.01. US Airways Group rose$. 17 or 1.0 percent, to $17.89.
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Delta Air fell$. 28 or 1.5 percent, to $17.86. JetBlue Airways Corp. fell$. 12 or 1.7 percent, to $6.64. Southwest Airlines Co. fell$. 17 or 1.2 percent, to $13.99.
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Delta Air fell$. 05 or. 3 percent, to $18.08. JetBlue Airways Corp. fell$. 08 or 1.2 percent, to $6.67. Southwest Airlines Co. fell$. 11 or. 8 percent, to $14.05.
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Virgin chief executive Richard Branson made his debut as a female flight attendant this weekend, donning a stewardess' uniform and serving drinks to passengers after he lost a bet with a fellow airline magnate.
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NEW YORK-- Standard& Poor's Ratings Services raised its credit rating on Delta Air Lines Inc. Friday, pointing to Delta's improving financial position and its spending plans. The upgrade comes two days after Delta said it will start paying dividends again, and plans to return $1 billion to shareholders through those dividends and a stock buyback.
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The FAA on Friday canceled budget-driven plans to close 149 air traffic control towers at smaller U.S. airports.
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Delta Air rose$. 40 or 2.3 percent, to $18.10. JetBlue Airways Corp. rose$. 16 or 2.3 percent, to $6.80. Southwest Airlines Co. rose$. 08 or. 5 percent, to $14.17.
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Delta Air rose$. 20 or 1.1 percent, to $17.90. JetBlue Airways Corp. rose$. 08 or 1.2 percent, to $6.73. Southwest Airlines Co. rose$. 11 or. 8 percent, to $14.20.
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Delta Air fell$. 56 or 3.0 percent, to $18.11. Southwest Airlines Co. fell$. 09 or. 6 percent, to $14.25. US Airways Group rose$. 29 or 1.7 percent, to $17.63.
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Delta Air fell$. 06 or. 3 percent, to $18.60. JetBlue Airways Corp. rose$. 05 or. 7 percent, to $6.77. Southwest Airlines Co. rose$. 01 or percent, to $14.34.
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If you're looking for the airline where you'll have the best chance of cashing in frequent flier miles, you're best odds are with value airlines.
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News Corp is set to report quarterly earnings, but the focus will be on the company's impending spin-off of its publishing assets as separate company. (NEWSCORP-RESULTS/, expect by 2030 GMT/ 4:30 PM ET, by Lisa Richwine, 500 words). From Europe's fringe, Romania and Bulgaria seek acceptance.
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*Share buyback program $500 million. May 8- Delta Air Lines Inc plans to return $1 billion to shareholders over the next three years, starting with its first dividend in a decade and a $500 million share buyback program, the company said on Wednesday.
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In a rare move for airlines, Delta initiated a quarterly dividend, a move that the company's CEO, Richard Anderson, called a signpost for change in the industry.
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CNBC's Phil LeBeau talks with Richard Anderson, Delta Air Lines CEO, about the company's buyback program and its rare move to provide a dividend.
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*Share buyback program $500 million. May 8- Delta Air Lines Inc plans to return $1 billion to shareholders over the next three years, starting with its first dividend in a decade and a $500 million share buyback program, the company said on Wednesday.