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Delta soars as US travel growth pushes profits past Wall Street's highest forecast

4 days ago   |   By

REUTERS/Lucas Jackson
Delta Air Lines posted fourth-quarter earnings on Tuesday that topped analysts' highest profit estimate.
The airline also beat expectations for quarterly revenue and posted a 2.4% gain for revenue per available seat mile.
Delta shares surged as much as 4.5% on the news.
The company's domestic revenue grew more than any other regional business, hinting its bet on increased US travel is paying off.
Watch Delta Air Lines trade live here .
Delta Air Lines reported fourth-quarter earnings on Tuesday morning that beat analysts' highest profit estimate, according to...
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Citi earnings beat estimates as fixed-income trading spikes 49%

Citi earnings beat estimates as fixed-income trading spikes 49%

4 days ago   |   By

Tom Williams/Getty
Citigroup reported fourth-quarter earnings that bested Wall Street estimates for earnings and revenue on Tuesday morning.
The firm posted a 49% gain to fixed-income trading revenue, more than double the increase analysts anticipated, according to those surveyed by Bloomberg.
Citi stock traded as much as 1% higher following the report's release.
Watch Citigroup trade live here .
Citigroup reported fourth-quarter earnings that beat profit and revenue expectations on Tuesday morning.
The company posted a 49% gain to fixed-income trading revenue, more than double the...
Read more ...

 

JPMorgan's 4Q earnings smash Wall Street's targets

JPMorgan's 4Q earnings smash Wall Street's targets

4 days ago   |   By

REUTERS/Dylan Martinez
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting. Corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
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JPMorgan's 4Q earnings smash Wall Street's targets

JPMorgan's 4Q earnings smash Wall Street's targets

4 days ago   |   By

Jeenah Moon/Reuters
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting as corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
Read more ...

 


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Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

'Tariffs will absolutely bankrupt our business': US companies warn against...

'Tariffs will absolutely bankrupt our business': US companies warn against Trump's plans to tax wine and cheese imports

Stefano Rellandini/Reuters The US has threatened to levy tariffs of up to 100% on $2.4 billion worth of products from France. In testimony before US trade officials this month... Read more ...

China reports 4 more cases in viral pneumonia outbreak

China reports 4 more cases in viral pneumonia outbreak

Four more cases have been identified in a viral pneumonia outbreak in the central Chinese city of Wuhan that has killed two people and prompted countries as far away as the... Read more ...

Warren Buffett's 'most gruesome mistake' was buying Dexter Shoe. Here's the...

Warren Buffett's 'most gruesome mistake' was buying Dexter Shoe. Here's the story of his $9 billion error

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Passengers Thanked for Their Patience During Emergency West Coast Main Line...

Passengers Thanked for Their Patience During Emergency West Coast Main Line Repairs

Passengers were thanked today for their patience and advised to check before they travel after emergency repairs to overhead lines on the West Coast main line. Teams of... Read more ...

United Airlines - First of Its Kind Jet to Shuttle Travelers Between the...

United Airlines - First of Its Kind Jet to Shuttle Travelers Between the Beltway and the Big Apple

United Airlines today announced a new hourly shuttle service between Washington's Reagan National Airport and New York/Newark Liberty International Airport. United will operate... Read more ...

Australian tourism suffers major setback due to bushfires

Australian tourism suffers major setback due to bushfires

The number of travelers booking visits to Australia has declined 10-20 per cent following the bushfires and the slump will cost Australian economy an estimated 4.5 billion... Read more ...

New Berenice International Airport in Egypt inaugurated

New Berenice International Airport in Egypt inaugurated

Tourism and airlines companies are taking advantage of the new Berenice International Airport, said Abd al-Naby Abu al-Hassan, director of a tourism company in the... Read more ...

Watch live: SpaceX is about to blow up a rocket in a crucial test to show...

Watch live: SpaceX is about to blow up a rocket in a crucial test to show NASA that its spaceship ready to launch astronauts

SpaceX via Twitter SpaceX plans to complete a crucial safety test on Saturday to show NASA its Crew Dragon capsule is ready to carry astronauts to space . You can watch the... Read more ...

Travelers from China are being screened at US airports for a mysterious new...

Travelers from China are being screened at US airports for a mysterious new virus that's killed 2 and sickened dozens

Passengers from China arriving in Los Angeles, San Francisco, and New York will be screened by the Centers for Disease Control and Prevention for a mysterious new virus that's... Read more ...

How to lower cholesterol with the right diet and exercise regimens

How to lower cholesterol with the right diet and exercise regimens

NatashaPhoto/iStock The best way to lower cholesterol is with a heart-healthy diet and regular exercise. Foods that can lower cholesterol include nuts, avocados , whole grains... Read more ...