With the airlines earnings reporting season about to begin, American Airlines’ better-than expected outlook bodes well for Delta Air Lines and United Airlines, according to Cowen analyst Helane Becker. Before Read more
Tag: DAL
Airline stocks climb after American Airlines raises revenue outlook
Airline stocks climbed before market open on Tuesday after American Airlines raised its third-quarter revenue outlook. American Airlines Group Inc. AAL, +1.24% expects third-quarter revenue to be up approximately 13% Read more
Airlines enter earnings season wrestling with fuel prices, hiring challenges
The earnings season for the U.S. airline industry is about to start. So what can we expect? Cowen analyst Helane Becker says that the airline industry is still wrestling with Read more
Report finds Americans with long COVID losing billions in wages, as Moderna sues Pfizer and BioNTech over mRNA patents
Some 16 million Americans of working age have long-term COVID and as many as 4 million are not working as they struggle with their symptoms, according to a new report from Read more
Delta stock falls after profit misses, but revenue rises above 2019 levels and beats expectations
Shares of Delta Air Lines Inc. DAL, +6.15% dropped 1.2% in premarket trading Wednesday, after the air carrier reported second-quarter profit that fell well short of expectations but revenue that Read more
Expect the stock market to be driven ‘more by earnings than the macro’, says Morgan Stanley’s Wilson
Earnings season will be a key test for the stock market after the S&P 500 last week closed out its worst half-year performance since 1970, said strategists from Morgan Stanley. Read more
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