CVS and Bank of America fall while Delta Air Lines climbs

Shares of Delta Air Lines slipped 1.5% to $47.82 on Monday after Bank of America Merrill Lynch downgraded the Atlanta-based airline to neutral from a buy rating......»»

Shares of ViacomCBS Inc. , Discovery Communication.....»»

Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters. Conway G. Gittens has the details......»»

Delta Air Lines , with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters......»»

Jeenah Moon/Reuters Companies still issuing profit forecasts are the most pessimistic they've been since the financial crisis, Bank of America said Monday. The bank's three-month guid.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Bank braces for big loan lossesRelated Stocks: BAC, JPM, WFC, C,.....»»

Bank of America Corp recorded a 48.5% fall in quarterly profit on Wednesday, as it set aside $3.6 billion in provisions to cover for potential lossses tied to the coronavirus pandemic......»»

Bank of America on Thursday cut its 2020 forecast for Brazil's gross domestic product (GDP) to a 3.5% contraction from a 0.5% fall, it said in a report, citing the strong impact on consumption and investment stemming amid the coronavirus pandemic......»»

Corporate America is making a run for the money. Hilton Worldwide, Wynn Resorts, Boeing and others in the travel sector have taken the unusual step of drawing down their bank lines of credit in... To view the full story, click the title link......»»

Bank lines are notoriously slow, but there was no wait at all in the Bank of America branch at Bryant Park this morning after a woman finished her business at the teller window. Lines are rare at... To view the full story, click the title link......»»

Delta Air Lines and Hawaiian Airlines are the best among North America-based carriers at maintaining on-time schedules, according to a “2020 Punctuality League” study released on Friday by airline data company OAG. Hawaiian (NASDAQ: HA) finished wi.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A surprise $1.9 billion investment by Delta Air Lines in LATAM Airlines Group is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player......»»

Delta Air Lines' (NYSE: DAL) cargo volume fell 10.5% in September to 167.8 million freight ton miles, in line with the year-to-date fall of 9% to 1.5 billion freight ton miles, the Atlanta-based carrier reported on Oct. 2. The company is on tr.....»»

U.S. investment bank Citi said the Brexit proposals of British Prime Minister Boris Johnson appeared to fall foul of European Union red lines so an extension and election were likely......»»

Delta Air Lines Inc. is dramatically expanding its South American footprint, agreeing to a $2.25 billion deal with Latam Airlines Group SA after a similar arrangement between the Chilean company and American Airlines Group Inc. ran into legal trouble......»»

Bank of America recently published its Fall Homebuyer Insight Report and found that most American homeowners prefer paying a mortgage to paying rent......»»

New research by Bank of America Merrill Lynch shows that the more President Trump tweets, the more it affects the market. Veuer’s Taisha Henry has the story.....»»

Financial stocks traded broadly lower Monday, alo.....»»