Delta bought an oil refinery in 2012 to help control jet fuel costs and made a profit on the Pennsylvania facility for the first time in the third quarter.» Read More
Goldman Sachs (GS) is making a major shift in its analyst coverage, upgrading or downgrading 17 sectors on the fear of a softening economy. Could Goldman’s move be a bellwether of things to come? Or is it already late to the party?
Delta Air Lines, the third-largest U.S. carrier, said Tuesday that it increased fares by $10 one way in most domestic U.S. markets to offset rising fuel costs.
Airlines have been losing altitude for the past month, dragged down by $90 oil and worries about a slowing US economy. But, some traders are still making bullish bets on the sector. Why?
UAL, parent of the No. 2 U.S. carrier United Airlines, is keen for a possible merger, according to an article in the Dec 3 edition of BusinessWeek that cited industry experts.
UAL unit United Airlines and Delta Air Lines continue to deny that they are involved in merger talks -- and as their denials continue, so does the speculation that the opposite is true.
Here's what we're focusing on throughout the day: Oil took a dive after inventory data showed an unexpected build in supply. Oil was also moving lower earlier after OPEC cut its demand forecast for the fourth quarter Core CPI for October rose 0.2%, in line with expectations. Oil is lower this morning , following comments earlier this week from the IEA. Inventory data was due at 10:30 a.m.
Stocks will be challenged Thursday to shake off the crankiness that gripped the market late in Wednesday's session. Inflation data, a light flow of earnings and some regional economic surveys are on the calendar.
Delta Air Lines, the No. 3 U.S. carrier, said it has established a special board committee to help management review its strategic options, including mergers.
The Olympic games in Beijing are a prime opportunity for US carriers to prove their worth and thus gain greater access to a key growth market.
Airlines stocks take flight and another brokerage flirts with collapse. With the price of oil slightly retreating and the holiday traveling season revving up, airline stocks may enjoy a profitable winter season.
Shares of US Airways Group led major U.S. airline stocks lower on Thursday, as the sector matched a steep decline in the broader market.
It's a booyah-free zone. There goes Swifty!Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
British Airways has urged its US partner American Airlines to get closer still as it seeks to fend off a transatlantic joint venture between Delta and Air France.
Air France-KLM and Delta Air Lines said on Wednesday they would pool revenues and costs on transatlantic flights in a new joint venture that would take effect in April 2008.
Delta Air Lines, which emerged from bankruptcy at the end of April, said on Tuesday that its third-quarter earnings jumped as international flights boosted revenue.
By the end of the coming week, the corporate earnings picture will be clear and it may not necessarily be one the stock market likes.
One block from Carnegie Hall, four blocks from Le Cirque, at the intersection of wealth and style, New York City has a new restaurant. The menu? Airline food. But Delta Air Lines says it's like no airline food you're likely to remember.
The Department of Transportation also proposed four new daily flights to China to begin in 2009. These flights would be operated by AMR's American Airlines, Continental Airlines, Northwest Airlines, and US Airways.
AMR shares fell over 14 percent Monday, its biggest one-day loss in more than four years, after the parent of American Airlines issued a disappointing revenue forecast, stoking concerns of slowing demand and rising costs.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.