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Joby Aviation (JOBY) shares climbed nearly 7% in Wednesday trading after the electric air taxi developer finalized a multiyear commercial agreement with Virgin
Let's take a closer look at how Union Pacific, Norfolk Southern, Old Dominion and United Parcel Service are expected to fare this earnings season.
Rising fuel costs have pressured airline profits but are being managed, at least for now.
Bessemer Group Inc. raised its stake in Delta Air Lines, Inc. (NYSE: DAL) by 105.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,018 shares of the transportation company's stock after acquiring an additional 20,012 shares during the quarter. Bessemer
Delta (DAL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Delta's earnings are becoming less cyclical due to diversified income streams. Delta has managed fuel cost pressures and maintained strong free cash flow guidance.
As the conflict in the Middle East intensifies, Americans living and traveling abroad are being asked to exercise increased caution.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.