LOS ANGELES, Aug. 7, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Delta Air Lines, Inc. ("Delta" or "the Company") (NYSE: DAL) for potential breaches of fiduciary duty on the part of its directors and management.The investigation focuses on determining if the Delta board breached its fiduciary duties to shareholders. The Department of Transportation ("DOT") announced an investigation of Delta on J ...

Delta Air Lines’ (DAL) financial stability is challenged by high operating expenses and low liquidity. Elevated labor costs and fuel costs exacerbate the strain on the company's bottom line. Also, low liquidity impedes its ability to meet obligations, in turn making it an unattractive choice for investors’ portfolios.Let’s delve deeper.Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 16.13% downward over the past 60 days. For the current year, ...

NEW YORK, Aug. 5, 2024 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU), ("CLEAR ", or "The Company"), the secure identity company, announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. ("Delta") (NYSE: DAL).Delta continues to own 4,277,958 shares of CLEAR's Class C Common Stock."CLEAR is an important partner whose technology enhances the travel experience for Delta's customers," said Ranjan Gos ...

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Delta Air Lines presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.Start slideshow: 10 Oversold Dividend Stocks » ...

Shares of Atlanta, GA-based airline heavyweight Delta Air Lines (DAL) have not had a good time on the bourses of late, declining 11.2% over the past 30 days. Even though DAL has outperformed its industry in a month, the company has underperformed the S&P 500, of which the airline is a key member. Additionally, while DAL’s price performance compares favorably with that of United Airlines (UAL) , it is poor compared with American Airlines (AAL) in the same timeframe.One-Month Price ComparisonImage Source: Zac ...

CrowdStrike (NASDAQ:CRWD) has lost about 40% of its value during the past month as uncertainty plagues the stock following an outage that it was responsible for. The outage wasn’t a result of a product vulnerability, hack or breach, but rather because of a faulty sensor configuration update. It resulted in a “blue screen of death” on 8.5 million devices running Microsoft (NASDAQ:MSFT) Windows, including airlines and healthcare businesses.According to insurer Parametrix, the aftermath will result in an estim ...

Delta Air Lines will take a $500 million hit related to the CrowdStrike global outage as the airline pursues legal action, the company's CEO Ed Bastian said Wednesday. The airline has been the slowest among major US carriers to recover following the cybersecurity firm software update debacle that led to more than 2,200 flight cancellations on July 19. Delta lost "half a billion dollars in five days," Bastian told CNBC during an interview in Paris. 5 Delta CEO Ed Bastian said the airline suffered $500 millio ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A Delta Air Lines jet leaves the gate, July 19, 2024, at Logan International Airport in Boston. Delta CEO Ed Bastian says the airline is facing $500 million in costs for the global technology breakdown that happened earlier this month. Credit: AP Photo/Michael Dwyer, File Delta Air Lines CEO Ed Bastian says the airline is facing ...

As the world remains glued to the ongoing Olympic Games in Paris, France, several brands are strategically positioning themselves to capitalize on this event’s global exposure. Notably, companies from different sectors have already unveiled themselves as sponsors of the games. This exposure will likely drive substantial consumer engagement, an aspect that can potentially impact their respective stocks. Here are three stocks with the potential to benefit from the global event:LVMH Moet Hennessy Louis Vuitton ...

Some airlines are looking extremely attractive, but some are looking like broken business models.Although airlines are traditionally thought of as capital-intensive and money-losing businesses, Delta (DAL 1.52%) has done a fantastic job diversifying its revenue stream and delivering profits. On the other hand, one airline that used to be widely regarded as the best investment in the industry doesn't look like a great buy at all. Watch the short video below for all the details.*Stock prices used were the mor ...