Delta’s operation at NYC’s JFK airport will see record traffic this summer Alphotographic/iStock Unreleased via Getty Images The past four plus years have been some of the most difficult for the airline industry. While most of us would like to forget what happened during the early days of covid, few airline investors can forget the…
Boarding1Now/iStock Editorial via Getty Images Much has gone in favor of Delta Air Lines (NYSE:DAL) in the recent past, driving its price up by ~20% year-to-date after a 22% increase in 2023. Continued improvements in travel demand, an easing in inflation impacting costs positively, the resulting profits, and a positive outlook all support the DAL…
Delta Air Lines, Inc. (NYSE:DAL) Q1 2024 Earnings Conference Call April 10, 2024 10:00 AM ET Company Participants Julie Stewart – Vice President, Investor RelationsEd Bastian – Chief Executive OfficerGlen Hauenstein – PresidentDan Janki – Chief Financial OfficerPeter Carter – Executive Vice President, External AffairsTim Mapes – Senior Vice President Chief Communications Officer Conference Call…
Almost Green Studio Investment action I recommended a hold rating for Sealed Air Corp. (NYSE:SEE) when I wrote about it the last time, as I saw visible weakness in the business over the course of 2H23. Based on my current outlook and analysis of SEE, I recommend a hold rating. I still think the outlook…
Brandon Bell/Getty Images News Introduction In my previous two articles (one) (two), I had a sell rating on Delta Air Lines (NYSE:DAL). During these times, I believed that the macroeconomic headwinds could hinder Delta Air Lines’ operations. As the consumer delinquency rates were sharply rising, I thought that the consumers’ financial health was deteriorating potentially…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Channel 4 is set to announce more than 200 job cuts as the UK broadcaster seeks to slash costs amid the worst TV advertising downturn since the financial crisis of 2008. The publicly owned broadcaster…
Klaus Vedfelt/DigitalVision via Getty Images Investment Overview – From IPO To Present Day – Revance Fights For Approval Of Frown Line Injection Ever since its initial public offering (“IPO”) in 2014, which raised ~$96m via the issuance of ~6m shares priced at $16 per share, to fund development of botulinum toxin products for use in…
Tim Boyle The airline sector remains the stock group that doesn’t rally much on great news and falls on mildly negative updates. Delta Air Lines, Inc. (NYSE:DAL) remains the sector leader, and the stock has already fallen back to early 2023 lows below $40. My investment thesis remains ultra Bullish, as higher jet fuel won’t…
The DoJ has said that advertisements for FTX did not differentiate between the US arm and the global business. According to the Department of Justice (DoJ), the FTX ads featuring American footballer Tom Brady and comedian Larry David show little distinction between the exchange’s US arm and its international business. According to a Friday filing, the…