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Delta Air Lines Inc

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  • General Electric's Big Miss--Really Big Miss Friday, 11 Apr 2008 | 9:19 AM ET

    GE reported first quarter earnings of $0.44, below the $0.51 consensus and $0.50-$0.53 guidance. Full year guidance was cut to $2.20-$2.30 from $2.42. Down 11 percent pre-open. This was the biggest miss most analysts can remember; certainly the biggest miss in over a decade.

  • Delta May Announce Northwest Merger Next Week Thursday, 10 Apr 2008 | 5:29 AM ET

    Delta Air Lines is urging its union leaders to cede parts of a pilots' labour contract so it can move closer to merging with Northwest Airlines, the Wall Street Journal reported, citing sources who knew about the situation.

  • 500 American Air Flights Cancelled for Inspections Wednesday, 9 Apr 2008 | 1:38 PM ET
    American Airlines

    American Airlines, a unit of AMR,Tuesday again grounded planes and canceled hundreds of flights to conduct additional safety inspections of its MD-80 aircraft, the airline said.

  • Delta Air Lines pilots have been granted permits to picket at Northwest Airlines hub airports amid a dispute over seniority between the two airlines' unions that so far has held up a combination of the carriers, according to a memo Tuesday. 

  • Market Holds Its Breath Ahead of Earnings Monday, 7 Apr 2008 | 4:03 PM ET

    Stocks finished flat Monday as traders opted to pull over and let some of the earnings traffic pass before deciding what to do next.

  • Airlines Passengers Complaints Soaring Monday, 7 Apr 2008 | 12:58 PM ET

    Consumer complaints  rose at 15 of the 16 airlines studied and overall soared 60 percent.

  • Delta, Northwest Revive Merger Talks: Report Monday, 7 Apr 2008 | 11:34 AM ET

    Delta Air Lines  and Northwest Airlines have revived merger talks, according to a report in The Financial Times.

  • Bank Talk Boosts Stocks; Alcoa Skids Monday, 7 Apr 2008 | 11:23 AM ET

    Stocks advanced Monday, helped by financials, after some encouraging news that suggests banks may be getting their act together.

  • Financials Moving Markets Monday, 7 Apr 2008 | 9:08 AM ET

    .Three big financial stocks are the top volume movers this morning--Washington Mutual, UBS, and Citigroup. Washington Mutual up 16 percent pre-open on a Journal story that private equity firm TPG and others may invest $5 b in the company, which would provide it with much-needed capital.

  • Almost 1 in 3 Domestic Flights Late in February Thursday, 3 Apr 2008 | 2:04 PM ET

    Nearly a third of domestic flights failed to arrive on time in February, continuing a period of historically poor performance for an industry plagued with safety concerns and pinched by fuel costs.

  • Bankrupt ATA Airlines Cancels All Flights Thursday, 3 Apr 2008 | 8:38 AM ET

    ATA Airlines canceled all flights Thursday after filing for bankruptcy as it posted advisories at ticket counters in the handful of cities it still served and sought assistance for stranded passengers.

  • $2 Billion Activist Hedge Fund Suspends Withdrawals Monday, 31 Mar 2008 | 12:34 PM ET

    Pardus Capital Management, an activist hedge fund with over $2 billion in assets, said it suspended investor withdrawals in the face of slumping values of some of its investments.

  • Northwest Wants to Proceed with Delta Merger: Source Friday, 28 Mar 2008 | 5:05 PM ET

    Executives at Northwest Airlines have proposed that Northwest and Delta Air Lines go ahead with a planned merger, a source familiar with the talks said Friday.

  • Delta Stock: Gaining Altitude? Friday, 28 Mar 2008 | 4:00 PM ET

    Shares of Delta Air Lines have been losing altitude over the past month, but they got a lift Friday. What’s the trade?

  • Stocks Close Lower as Oracle Spurs Concerns Thursday, 27 Mar 2008 | 4:37 PM ET

    Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.

  • AMR, Delta Cancel Hundreds of Flights for Inspection Thursday, 27 Mar 2008 | 11:14 AM ET

    American Airlines and Delta Air Lines canceled hundreds of flights Thursday as they pulled aircraft from service to comply with a government directive for maintenance checks.

  • American Airlines Boosts Cancelled Flights to 300 Wednesday, 26 Mar 2008 | 3:55 PM ET

    AMR, parent of American Airlines, said it cancelled 300 flights Wednesday, up from the 200 it earlier said it expected to cancel.

  • Can FedEx deliver? Wednesday, 19 Mar 2008 | 5:27 PM ET

    Nike delivered great earnings after the bell Wednesday. Can FedEx join Nike and dodge the bullets of higher fuel costs and a weakening U.S. economy?

  • Delta, United Cut Costs as Fuel Prices Climb Tuesday, 18 Mar 2008 | 11:33 AM ET
    Delta Airlines

    Delta Air Lines is looking to cut 2,000 jobs, or more than 3 percent of its work force, as the No. 3 U.S. airline struggles with high fuel costs. And UAL, the parent of United Airlines, said it will tackle fuel costs by making cuts to its fleet of aircraft.

  • Good reports from Lehman and Goldman, and housing starts are above expectations. Core PPI up 0.5 percent is higher than the 0.3 percent expected, but that is being pushed aside in favor of the more bullish housing starts data.

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