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Delta calls 2021 year of recovery after first loss in 11 years

In the first quarter, the Atlanta-based airline expects revenue to fall by 60% to 65% from a year ago and its scheduled flight capacity to shrink by 35%......»»

Category: topSource: foxnewsJan 14th, 2021

Delta to reduce cash burn as it braces for sluggish recovery from pandemic

Delta Air Lines Inc reported on Wednesday its first quarterly loss in eight years as the coronavirus crisis devastates air travel demand, but said its dai.....»»

Category: topSource: reutersApr 22nd, 2020

Delta to halve cash burn as it braces for sluggish recovery from pandemic

Delta Air Lines Inc reported on Wednesday its first quarterly loss in eight years as the coronavirus crisis devastates air travel demand, but said its daily ca.....»»

Category: topSource: reutersApr 22nd, 2020

Dividend Aristocrats List for 2021

 The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years in a row. The index is equally weighted, and reba.....»»

Category: blogSource: dividendgrowthinvestorJan 25th, 2021

Need to Know: Goldman Sachs is very bullish about a recovery this year. Here’s what could go wrong.

Goldman Sachs analysts are bullish on the U.S. economy’s rebound in 2021, but said there were three big risks to the recovery......»»

Category: topSource: marketwatchJan 25th, 2021

Need to Know: Goldman Sachs is super bullish about a recovery this year. But here’s what could go wrong

Goldman Sachs analysts are bullish on the U.S. economy’s rebound in 2021, but said there were three big risks to the recovery......»»

Category: topSource: marketwatchJan 25th, 2021

Delta Air Lines caps its toughest year ever, looks to recovery

Despite the prolonged pandemic impact on its financials, Delta will continue to move forward with capital projects and expects to post roughly $350 million in capital expenditures......»»

Category: topSource: bizjournalsJan 23rd, 2021

Stocks are unlikely to repeat last year"s record-shattering performance in 2021 as a V-shaped recovery is largely priced in, Morgan Stanley says

Mike Wilson said "unprofitable growth stocks with big valuations" may underperform in 2021 during a recent Morgan Stanley podcast episode. Spencer .....»»

Category: topSource: businessinsiderJan 14th, 2021

Delta Air Lines Announces December Quarter and Full Year 2020 Financial Results

ATLANTA, Jan. 14, 2021 /PRNewswire/ -- Delta A.....»»

Category: earningsSource: benzingaJan 14th, 2021

An economist shares his predictions for the new year and explains why we"re unlikely to see economic recovery in early 2021

Kellogg professor Phillip Braun says he "can't think of any one sector of the economy that is going to really rebound quickly." Economist and finance profe.....»»

Category: topSource: businessinsiderJan 10th, 2021

Global Markets Kick Off New Year On A Positive Note

Major indices worldwide rose in the first trading session of 2021 on Monday, as the countries look towards economic recovery. The U.S. read more.....»»

Category: blogSource: benzingaJan 4th, 2021

Patti Payne: Reflections on 2020 and the year ahead

Here we are sliding into 2021, after coming to the end of 2020, one of the longest years of my life. And, I would be willing to bet, yours as well. I traditionally use this first-of-the-year column to reflect on the year past. However, I find .....»»

Category: topSource: bizjournalsDec 31st, 2020

These 3 surprises could propel US stocks higher in 2021 and break the "three-year curse," DataTrek says

The three-year curse refers to the stock market's general inability to post three consecutive years of returns greater than 10%, DataTrek said. Getty Images / Bryan R. Smith The S&P 500 is set to potentially post gains of more than.....»»

Category: topSource: businessinsiderDec 30th, 2020

COVID-19 has devastated Chicago real estate, but it’s amplified calls for equity. Will 2021 be a year of progress on the South and West sides?

The coronavirus pandemic has challenged the prosperity of Chicago’s downtown. The unprecedented times also have hit neighborhoods hard and brought a rare opportunity to reverse the decades-old trend of disinvestment on the city’s South and West s.....»»

Category: topSource: chicagotribuneDec 17th, 2020

Air Canada Sees Long-Road To Recovery After Big Q1 Loss

Air Canada (OTCMKTS:ACDVF) said it will take three years to get back to 2019 revenue and capacity levels, and that it is accelerating the retirement of 79 older planes to ma.....»»

Category: earningsSource: benzingaMay 4th, 2020

Forget 2020: stock market optimists look at 2021 for buy signals

Shrugging off reams of terrible economic data, plunging oil prices and dire corporate results, world stocks have recouped around half of this year's coronavirus-linked losses as investors flip over their calendars to bet on a strong recovery in 2021......»»

Category: topSource: reutersApr 28th, 2020

Southwest cuts Boeing jet deliveries after first quarterly loss in nine years

Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years......»»

Category: topSource: reutersApr 28th, 2020

Forget 2020, stock market optimists look at 2021 for buy signals

Shrugging off reams of terrible economic data, plunging oil prices and dire corporate profits, world stocks have recouped around half of this year's coronavirus-linked losses as investors flip over their calendars to bet on a strong recovery in 2021......»»

Category: topSource: reutersApr 28th, 2020

Nissan slashes full-year results forecast, sees operating loss

Nissan Motor Co on Tuesday said it expected to post its first annual operating loss in 11 years as the Japanese automaker struggles to recover from plunging vehicle sales as the coronavirus pandemic has sapped demand for cars. Francis Maguire reports......»»

Category: videoSource: reutersApr 28th, 2020

Delta"s CEO said he would support an "immunity passport" program or other steps to jumpstart travel as the airline reports its first quarterly loss in more than 5 years (DAL)

Reuters Delta Air Lines CEO Ed Bastian said the carrier would explore a wide range of options to reassure passengers and help jumpstart air travel as the coronavirus pandemic begins to subsi.....»»

Category: topSource: businessinsiderApr 22nd, 2020

Johns Hopkins University expects $475M in losses by June 2021 due to coronavirus

Johns Hopkins University was in a strong financial position before the pandemic. Now, it is projecting a revenue loss of $100 million in the current fiscal year. Halfway through the current fiscal year, the school was projecting a positive margin o.....»»

Category: topSource: bizjournalsApr 22nd, 2020