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Posts related to ‘DAL’

When Will Low Oil Help Airlines Out? (UAL, DAL, LCC, LUV, JBLU)

Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels.  And guess what, airplanes are full, fares are up, carriers are passing ...
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Valero May Sell Shuttered Aruba Refinery to China (VLO, PTR, DAL, HES, CHK)

In a filing yesterday with the Securities and Exchange Commission, oil refiner Valero Energy Corp. (NYSE: VLO) said that it has accepted an offer of $350 million plus working capital ...
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Icahn Prevails on Bid for CVR Energy (IEP, CVI, UAN, DAL)

As recently as last week it appeared that Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) may not receive enough shares to complete his takeover of CVR Energy Inc. (NYSE: CVI). ...
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Falling Oil Puts Airline Sector Up In First Class (UAL, DAL, LCC, LUV)

Is the economy so weak that the summer and rest of 2012 will be punishing on the airline industry?  Apparently not.  Have you been to an airport and flown lately?  ...
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24/7 Wall St. Closing Bell (WPI, AZN, ANF, SPWR, YGE, COST, MERU, ACI, VECO, PBY, ADM, CPO, AVP, DPZ, PFE, VLO, ABX, JDSU, MRO, FSLR, V, PFCB, DAL, CHK)

The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was ...
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Does Delta Make Sense as an Oil Refiner?

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
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Media Digest (5/1/2012) Reuters, WSJ, NYT, FT

China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds ...
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American Companies with the Most Customers

Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics ...
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Airlines Post Gains on Fuel Hedges, Revenues Up Too (DAL, LCC, LUV, AAMRQ, UAL, JBLU, FAA)

Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market ...
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Are Financial Firms Looking at Becoming Oil Refiners? (SU, DAL, COP, JPM)

Sunoco Inc. (NYSE: SU) has been shopping its two Pennsylvania refineries since late last summer with not a lot of interest from prospective buyers. That could be about to change. ...
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Delta Deal for Conoco Refinery Getting Closer (DAL, COP, JPM)

A couple of weeks ago there were press reports that Delta Air Lines Inc. (NYSE: DAL) was contemplating the acquisition of one of three idled Eastern US refineries, with the ...
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Media Digest (4/6/2012) Reuters, WSJ, NYT, FT, Bloomberg

A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP ...
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Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)

In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for ...
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Airlines: An Industy Where Poor Ratings Are Good

The Airline Quality Report reached its 22nd anniversary when it was issued recently. Its rankings are based on an extremely complex system, but the outcome for 2011 was easily described: The ...
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What’s Important in the Financial World (4/2/2012) Pinnacle Air Chapter 11, Record Europe Unemployment

The unemployment rate of the eurozone reached 10.8% in February, up from 10.0% a year ago according to EuroStat. Unlike the in United States, the trend is in the wrong direction. ...
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