Delta Air Lines Inc

Stocks making the biggest moves premarket: Delta, JPMorgan, BlackRock and more
Finance

Stocks making the biggest moves premarket: Delta, JPMorgan, BlackRock and more

Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-quarter profit. The airline also said monthly revenue exceeded pre-pandemic levels for the first time in March. JPMorgan Chase (JPM) – The bank reported quarterly earnings […]

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Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
Business

Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs

A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines expects to return to a profit this quarter thanks to a jump in bookings — and fares — that […]

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Airfare surged 20% over pre-pandemic levels in March as inflation hit vacations
Business

Airfare surged 20% over pre-pandemic levels in March as inflation hit vacations

Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Airfare is surging as higher fuel prices and strong travel demand drive up the cost of flights. Consumers spent $8.8 billion […]

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Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year
Business

Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year

Travelers walk through Terminal A at Orlando International Airport on Christmas Day, Saturday, December 25, 2021. Stephen M. Dowell | Orlando Sentinel | Getty Images U.S. airports made up eight of the 10 busiest hubs around the world last year, according to new rankings released Monday, as a jump in domestic leisure travel displaced some […]

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Earnings playbook: Big banks and an airline kick off the reporting season
Business

Earnings playbook: Big banks and an airline kick off the reporting season

The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source

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JetBlue is cutting its summer schedule to avoid further flight disruptions
Business

JetBlue is cutting its summer schedule to avoid further flight disruptions

JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and you can expect to […]

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Cramer’s week ahead: Own stocks that are cheap on a price to earnings basis
Business

Cramer’s week ahead: Own stocks that are cheap on a price to earnings basis

CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this environment, you need to own companies that make stuff and do things profitably, but let’s add, also, with stocks that remain cheap on a price to […]

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These companies set to report next week typically beat earnings estimates and trade higher
Business

These companies set to report next week typically beat earnings estimates and trade higher

The corporate earnings season kicks off next week, and some of the companies slated to report have a history of beating estimates. Source

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Big banks’ earnings and a hot inflation report could sway markets in short holiday week
World

Big banks’ earnings and a hot inflation report could sway markets in short holiday week

A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and […]

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Who loses if JetBlue buys Spirit? Comedians
Travel

Who loses if JetBlue buys Spirit? Comedians

Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]

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