56.00 +0.60 (1.08%)
Pre-Market: 8:10AM EDT
|Bid||55.51 x 100|
|Ask||56.00 x 6300|
|Day's Range||55.16 - 55.82|
|52 Week Range||44.59 - 60.79|
|PE Ratio (TTM)||11.19|
|Earnings Date||Jul 11, 2018 - Jul 16, 2018|
|Forward Dividend & Yield||1.22 (2.25%)|
|1y Target Est||73.00|
Only 90 miles from Florida, Cuba has long been a source of fascination for Americans. The country’s proximity combined with nearly six decades of travel restrictions created a romantic myth around the Pearl of Antilles for many living in the United States. Cuba travel in 2018 for Americans is legal...and fun. When President Barack Obama rolled back regulations in 2014, making it legal (and easier) for Americans to visit the country without a tour group, there was an expectation of the floodgates opening for Yankee visitors. In 2017, 600,000 American travelers (without Cuban family ties) visited the nation, which is more than six-times the pre-Obama level.
Delta Air Lines, Goodyear Tire & Rubber and Lincoln National Corp may have more upside than their discounted share prices suggest, Barron's reported. Delta, which closed at $55.40 per share on Friday, is at 8.6 times earnings, a valuation Morgan Stanley analyst Rajeev Lalwani called "just too low," according to Barron's.
A solid start to earnings season helped push share prices higher earlier this week, and the Standard & Poor’s 500 index crept toward 17 times forward earnings estimates. A recent search for stocks selling for around half or less of the index’s valuation turned up just over a dozen names. Micron Technology (MU), the cheapest stock in the S&P 500, at 4.7 times forward earnings projections, has the other problem.
WASHINGTON/PARIS, April 20 (Reuters) - U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout earlier this week, citing risks of a similar mishap. The directives by the U.S. Federal Aviation Administration and the European Aviation Safety Agency for inspections of CFM56-7B engines, made by CFM International, indicated rising concerns since a similar failure in 2016 of the same type of engine. The engine explosion on Southwest Airlines flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said.
Is a solid earnings report from a competitor really enough to justify a big gain from American Airlines Group Inc (NASDAQ:AAL)? Investors certainly thought it was, as they sent American Airlines stock up 4% on Wednesday after rival United Continental Holdings Inc (NYSE:UAL) posted rock-solid first quarter numbers. Investors are still concerned that a nasty price war could be brewing.
A strong first-quarter earnings report sent Delta Air Lines (DAL) shares higher earlier this month, and Morgan Stanley thinks they can keep climbing. Analyst Rajeev Lalwani reiterated an Overweight rating on Delta Friday and raised his price target to $72 from $66, writing that the stock's multiple is simply too low.
Zacks Industry Outlook Highlights: Delta Air Lines, United Continental Holdings, American Airlines Group and JetBlue Airways
Mr. Huerta recently completed a five-year term as Administrator of the U.S. Federal Aviation Administration. As head of the FAA, he was responsible for the safety and efficiency of civil aviation in the U.S. "Michael's deep aviation and broader transportation industry experience will be a great asset to Delta," said Frank Blake, Delta's non-executive Chairman of the Board.
Alaska Air Group won over Virgin America employees and customers while moving fast to integrate the two airlines.
Southwest Airlines Co. (NYSE: LUV) and CFM International — the manufacturer of the engine that failed Tuesday morning on a flight that killed a passenger — disagreed on how long it would take to comply with a proposed federal rule that would have called for inspection of fan blades within the engine.
Delta flight 30 reportedly declared an emergency shortly after takeoff at about 5:50 p.m. when the Airbus A330's engine caught fire.
Airline stocks remain stuck at 2015 resistance despite the strong U.S. economy, with potential buyers nervous about overcapacity and a price war.
The Zacks Analyst Blog Highlights: Delta Air Lines, United Continental Holdings, Allegiant Travel, Southwest Airlines and JetBlue Airways
A smoking engine forced a Delta Air Lines Inc. plane bound for London to return to Atlanta shortly after takeoff Wednesday afternoon.
The engine on the Southwest Airlines plane that malfunctioned on Tuesday, killing a passenger, is "the most reliable in the world," says former airline CEO.
Moody's Investors Service assigned a Baa3 senior unsecured rating to the $1.4 billion of new special facility revenue bonds Series 2018 to be issued by the New York Transportation Development Corporation. The bond proceeds will be loaned to Delta Air Lines, Inc. Delta will use the proceeds to fund a portion of the project to re-develop its terminal and other facilities supporting its operations at New York's LaGuardia Airport.
Issues with the landing gear reportedly forced a Delta Connection flight en route from New York was diverted to Dulles Airport at around 12:12 p.m. on Tuesday.
A Delta Air Lines plane made an emergency landing, accoridng to media reports, after one of its engine caught fire. No reporter narration.