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Inc.(NYSE:DAL) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 News Recap: AMR Corporation (NASDAQ:AAL), Delta Air Lines, Inc.(NYSE:DAL), Groupon, Inc. (NASDAQ:GRPN) http://www.usmarketbuzz.com/news-recap-amr-corporation-nasdaqaal-delta-air-lines-inc-nysedal-groupon-inc-nasdaqgrpn-1925 Mon, 14 Jul 2014 17:23:52 +0000 http://www.usmarketbuzz.com/?p=1925 Groupon, Inc. (NASDAQ:GRPN)’s shares dropped 0.26% to $6.56. The company intends to hold a conference call to discuss its second quarter 2014 financial results on Aug. 5, 2014, at 5:00pm EDT.

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Additionally, the company on July 9 launched a sweepstakes for a trip for two to travel to Chicago, take part in a private cooking class with celebrity chef Rick Bayless and see his show “Cascabel” at the Lookingglass Theatre Company. Launching today and running through July 15, Groupon subscribers can visit www.groupon.com/rickbayless to make a donation and enter the sweepstakes.All donations will go directly to the Frontera Farmer Foundation, which provides grants to local farms that serve the Chicago area.

AMR Corporation (NASDAQ:AAL)’s shares gained 0.84% to $43.24. The company on July 9 reported June 2014 and year-to-date traffic results. American Airlines Group’s total revenue passenger miles (RPMs) for the month were 19.9 billion, up 1% versus June 2013. Total capacity was 23.4 billion available seat miles (ASMs), up 3.2% versus June 2013. Total passenger load factor was 85% for the month of June, down 1.9 points versus June 2013.

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The Company expects its second quarter 2014 consolidated passenger revenue per available seat mile (PRASM) to be up approx. 5.5% to 6.5% versus the same period last year. Additionally, the Company expects its second quarter pre-tax margin (excluding special items) to be approx. 12% to 13%.

Delta Air Lines, Inc.(NYSE:DAL)’s shares increased 0.59% to $37.45. The company on July 2 reported financial and operating performance for June 2014. Consolidated passenger unit revenue (PRASM) for the month of June increased 4.5 percent year over year as continued corporate and domestic strength offset lower than expected international yields driven by industry-wide capacity increases and lower business demand to Latin America due to the World Cup. For the June quarter, unit revenues increased 6 percent, in line with initial guidance given in late April.

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Investors Buzz: Newmont Mining Corp(NYSE:NEM), Applied Materials, Inc.(NASDAQ:AMAT), Delta Air Lines, Inc.(NYSE:DAL) http://www.usmarketbuzz.com/investors-buzz-newmont-mining-corpnysenem-applied-materials-inc-nasdaqamat-delta-air-lines-inc-nysedal-1046 Tue, 01 Oct 2013 16:24:47 +0000 http://www.usmarketbuzz.com/?p=1046 Newmont Mining Corp(NYSE:NEM) shares declined 4.45% to $26.85. The company has joined the race for Glencore Xstrata’s copper mining project in Peru, the Financial Times reported on Sept. 30. Newmont’s Chief Executive Gary Goldberg told the Financial Times that Glencore’s Las Bambas mine was “an interesting prospect”.

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Additionally, the company announced it will report third quarter 2013 results after the market closes on Thursday, October 31, 2013. A conference call will be held on Friday, November 1, 2013 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Company’s website.

Applied Materials, Inc.(NASDAQ:AMAT) shares dropped 0.46% to $17.45. The company will buy rival Tokyo Electron Ltd in an all-share deal, creating a company with a combined stock market value of $29 billion, the two said on Sept. 24. The surprise move is expected to strengthen their position in a maturing industry where growth opportunities have become harder to find.

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Additionally, the company on Sept. 9 announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock.  The dividend is payable on December 12, 2013 to stockholders of record as of November 21, 2013.

Delta Air Lines, Inc.(NYSE:DAL) shares jumped 1.65% to $23.98. The company on Sept. 13 said it will begin offering a new travel option for SkyMiles customers which provides access to some of the airline’s most popular enhanced travel extras such as checked bags, priority boarding and seat selection for $199. The new package, called Smart Travel Pack, introduces a practical and affordable way for customers to add a suite of extra services and additional comfort for their upcoming business or personal travel.

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