G4S CEO Nick Buckles to Step Down on May 31, to Be Replaced by Ashley Almanza
Delta Air Lines Inc
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Stocks regained their footing in choppy trading Wednesday, with the Dow and S&P 500 closing at a fresh high, but a sharp decline in Apple kept a lid on the Nasdaq's gains.
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The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame.
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WASHINGTON/ NEW YORK, April 24- The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame as the impact of the reductions began being felt across the country.
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WASHINGTON/ NEW YORK, April 24- The Obama administration on Wednesday backed a plan that would temporarily eliminate spending cuts disrupting U.S. air travel, while lawmakers in Washington scrambled to avoid blame as the impact of the reductions began being felt across the country.
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SCOTTSDALE, Ariz., April 24- US Airways Group Chairman and Chief Executive Doug Parker said he was hopeful government leaders would come to a solution that would halt the travel disruptions in wake of U.S. staff cuts of air traffic controllers.
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Amazon is known in the ad industry as the "sleeping giant" because it harbors a trove of unused consumer-spending data, but now it's awakening to the potential.
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It has meant everything from furloughs for air traffic controllers to fewer planes for the U.S. Navy to smaller subsidies for farmers. So far this earnings period, executives from Lockheed Martin to IBM and Delta Airlines are flagging how those U.S. budget cuts cost them some sales in the first quarter.
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SAN FRANCISCO/ NEW YORK, April 24- Amazon.com Inc is known in the advertising industry as the "sleeping giant" because the world's largest Internet retailer harbors a trove of consumer-spending data that many marketers have called an unrealized opportunity.
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It has meant everything from furloughs for air traffic controllers to fewer planes for the U.S. Navy to smaller subsidies for farmers. So far this earnings period, executives from Lockheed Martin to IBM and Delta Airlines are flagging how those U.S. budget cuts cost them some sales in the first quarter.
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Vinay Dube, Senior Vice President, Asia Pacific at Delta Air Lines speaks to CNBC's Cash Flow about Delta's latest earnings results.
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April 23- Delta Air Lines and US Airways Group, aided by revenue gains, posted higher-than-expected first-quarter earnings on Tuesday, and their shares rose despite cautions by both carriers about near-term weakness.
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April 23- Delta Air Lines and US Airways Group posted higher-than-expected first quarter earnings on Tuesday driven by revenue gains and their shares rose despite cautions by both carriers about near-term weakness.
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Delta Air Lines said government spending cuts and weak demand from vacationers are hurting revenue this month.
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*First-quarter adjusted profit 10 cents vs. estimate 6 cents. April 23- Delta Air Lines Inc on Tuesday reported a higher-than-expected first-quarter profit as revenue rose, and its shares gained 2.3 percent.
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Good day for earnings, big industrials leave full-year guidance unchanged.
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April 23- Delta Air Lines Inc on Tuesday reported a lower first-quarter profit, as costs tied to salaries rose. Net income was $7 million, or 1 cent a share, for the quarter, compared with $124 million, or 15 cents a share, a year earlier. Though operating revenue rose 1 percent to $8.5 billion, expenses rose 3 percent, with costs for salaries rising 8 percent.
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Net income was $7 million, or 1 cent a share, for the quarter, compared with $124 million, or 15 cents a share, a year earlier.
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Air travelers experienced delays at some U.S. airports as staff cuts at control towers took effect, but the havoc and hour-long waits regulators had predicted largely failed to materialize.
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April 22- Air travelers experienced delays at some U.S. airports on Monday as staff cuts at control towers took effect, but the widespread havoc and hour-long waits that regulators had predicted last week largely failed to materialize.
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The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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This will likely be the most profitable first quarter ever for the airline industry. But expect carriers to warn of potential problems in the second quarter due to sequester cuts.