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Intermediate Options Strategy With Ally Invest's Brian Overby
Monday, June 1, 2020 - 11:31am | 694Attendees at Benzinga's virtual Boot Camp Friday got a lesson in intermediate options Friday from Brian Overby, a senior options analyst at Ally Financial Inc.'s (NYSE: ALLY) Ally Invest and the author of the "The Options Playbook." Know The Greeks Overby quickly...
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Virgin Atlantic Linkage With Delta, Air France-KLM Adds Cargo Capacity, Convenience
Tuesday, February 4, 2020 - 10:14am | 748The new trilateral strategic partnership among Virgin Atlantic, Delta Airlines (NYSE: DAL) and Air France-KLM is expected to benefit cargo customers by making it easier to do business, providing more delivery choices and improving operational efficiencies. The trans-Atlantic joint venture became...
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Delta Beats 2019 Profit Estimates, Sets Revenue Record
Tuesday, January 14, 2020 - 1:52pm | 545Operating revenue for cargo operations at Delta Air Lines fell 13% for the fourth quarter ($187 million) and the full year ($753 million) compared to the same periods in 2018, a small blip in an otherwise upbeat earnings report. Delta Air Lines (NYSE: DAL) reported that fourth quarter adjusted...
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Delta Sees Stock Ding On Efficiency Dip, Agrees To LATAM Codeshare
Wednesday, December 4, 2019 - 10:11am | 337Delta Air Lines (NYSE: DAL) stock settled 2% lower Tuesday to $55.62 per share after the carrier reported its load factor in November compared to last year was off 1.8 points to 84%, as 4% capacity growth outstripped a 1.8% increase in passenger traffic. Domestically, the ratio of filled seats was...
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Delta Refuses To Sweeten Alitalia Investment Offer
Friday, November 15, 2019 - 5:00pm | 440In spite of competition from German flag carrier Lufthansa, U.S. major Delta Air Lines Inc. (NYSE: DAL) remains firm in an offer to take no more than a 10% stake in a reformed Alitalia. The Italian government is seeking €1 billion ($1.1 billion) in investment to relaunch Alitalia. "Delta is...
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Delta Takes Stake In LATAM Airlines
Friday, September 27, 2019 - 10:12am | 354Delta Air Lines (NYSE: DAL) plans to take a 20 percent ownership of LATAM Airlines (NYSE: LTM) with a $1.9 billion investment in the Chilean-based airline that positions it to make inroads against American Airlines Group (NASDAQ: AAL) in Latin America. Both companies said late Thursday afternoon (...
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Delta Ups Stake In Korean Air Parent
Monday, September 16, 2019 - 10:59am | 324Delta Air Lines Inc (NYSE: DAL) has increased its stake in Hanjin KAL Corp., parent company of Korean Air Lines, to 9.21%. Delta announced in June the acquisition of a 4.3% stake in the parent company, with plans to increase that holding to 10% to thwart a local activist fund's challenge. The U.S....
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Crypto Spotlight: Delta Expands Its Holistic Portfolio Management Tool
Thursday, September 12, 2019 - 12:10pm | 588Nicolas Van Hoorde, the co-founder and CEO of Delta, discussed in an interview with Benzinga how the portfolio tracker for digital assets and fiat currencies helps with portfolio management and trade analysis. How It Started Delta was started in 2017 after the company's founders noticed their...
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Delta Reports Drop In Cargo Ton Miles For March
Tuesday, April 2, 2019 - 6:38pm | 399Delta Air Lines Inc (NYSE: DAL) reported 178,511 air cargo ton miles in March 2019, a 5.4 percent drop compared to March 2018's 188,750. Year-to-date, the airline reported a 3.2 percent decrease from 2018's numbers. Cargo ton miles represent the total number of tons of cargo...
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Delta Air Lines Leads The Pack, But Will The Sector Ever Stop Being 'Cheap?'
Thursday, August 10, 2017 - 12:12pm | 417Delta Air Lines, Inc. (NYSE: DAL) leads its peers in myriad ways in a highly commodified sector long considered “cheap,” which makes buying it a good bet, Barclays analyst Brandon R. Oglenski said in initiating coverage of the airline with an Overweight rating. “Leading is no easy...
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Delta Scolds Ann Coulter Following Twitter Rant, $30 Refund
Monday, July 17, 2017 - 8:45am | 347Conservative author and political commentator Ann Coulter took to Twitter Inc (NYSE: TWTR) last week to express her disappointment with Delta Air Lines, Inc. (NYSE: DAL). Coulter first Tweeted that she was "kicked out of a carefully pre-booked seat to a less desirable seat, without explanation...
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Fists Fly In Florida, Qantas CEO Takes Pie In Face In Latest Round of Airline Imbroglios
Tuesday, May 9, 2017 - 1:36pm | 943The dispiritedness in the skies between airlines and their passengers is hitting the industry like a pie in the face. Which was exactly what happened to Qantas Airways Limited CEO Alan Joyce on Tuesday in the Australian city of Perth, where a man approached the executive at a business breakfast...
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Terms Of The Trade: Beta, Delta, Theta
Friday, September 9, 2016 - 4:53pm | 605The use of Greek letters in finance typically represents the sensitivity of the price of a derivative, such as an option, to any change in the underlying parameters. Beta Beta is a measure of volatility. The beta coefficient of an investment (such as a stock) indicates if the investment is...
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Cowen Analysts Attempt To Quantify The Effect Of Delta's Power Outage
Monday, August 15, 2016 - 1:06pm | 390Delta Air Lines, Inc. (NYSE: DAL) suffered from an embarrassing system-wide outage last week that affected its entire operations. Related Link: Delta Deals With System-Wide Outage; Investors Sell The News Delta quickly fixed the issues which plagued its system, but it is still unclear the financial...
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Delta Becomes First US Based Airline To Offer Free On-Board Movies And TV
Friday, June 3, 2016 - 4:12pm | 242Delta Air Lines, Inc. (NYSE: DAL) became the first airline based in the U.S. to offer free on-board movies and TV. According to a press release, Delta Studio, the airline's onboard entertainment suite, will be free for all customers on two-class aircraft by July 1. This includes nearly 90...