Delta had revenue of $9.154 billion and net profit of more than $1.2 billion in the third quarter.
Delta had revenue of $9.154 billion in the third quarter, compared with $12.56 billion in the same period in 2019, and net profit of $1.212 billion in the same period in 2019, compared with $1.495 billion in the same period in 2019. Delta earned $1.89 a share in the third quarter, with a market expectation of $0.498. Delta expects staff vaccination rates to reach 95% in November. Delta CEO Bastian says he is seeing an increase in domestic business travel. 2022 will be a good year for business and international travel recovery, and revenue is expected to return to 2019 levels in 2023.
J.P. Morgan Just Bought 1.7 Million Acres of Woodland
J.P. Morgan Asset Management announced on Monday that it has agreed to acquire Campbell Global LLC, a company focused on woodland investment and natural resource management that manages more than 1.7 million acres of woodland globally and has assets under management of $5.3 billion. The deal is expected to close in the third quarter of this year, and the transaction price was not disclosed. J.P. Morgan Asset Management CEO George Gatch (George Gatch) said in a statement: “This acquisition expands our alternatives and shows that we want to incorporate sustainability in a meaningful way
Aviation demand recovers, Delta plans to hire more than 1,000 pilots
Delta Air Lines said on Monday that it plans to hire more than 1,000 pilots by next summer. This is the latest move taken by an airline to meet a rebound in travel demand. Delta Air Lines Operations Director John Raft (John Rafter) said in a memorandum to employees that leisure travel in the US is expected to return to the level before the COVID-19 pandemic broke out this month. Given the recent market opening in Spain, France, Italy and Greece, transatlantic travel restrictions should ease in the second half of this year, he said. About 20% of Delta Air Lines employees left early during the peak of the epidemic last year
Former US Treasury Secretary Mnuchin says the Fed needs to enter a period of policy normalization, indicating that the market underestimates risk
Former US Treasury Secretary Steven Mnuchin said inflation will force the Federal Reserve to tighten monetary policy in the coming months and years, and investors may not be ready for this situation. “There is no doubt that the Federal Reserve needs to enter a period of normalization of interest rates and normalization of bond holdings,” Mnuchin said in an interview on Monday. Mnuchin said he is worried that the recent spike in inflation will continue. He suggests that part of the reason the Federal Reserve is cautious is that the economic model it relies on is difficult to incorporate large-scale fiscal and monetary policy measures that stimulate price movements. Mnuchin concluded by saying, “I think this is necessary
IMAX fell more than 6% at the beginning of the session, and Goldman Sachs downgraded its rating to “sell”
At the beginning of the US stock market on June 2 (Wednesday), the IMAX (IMAX.US) stock price fell. As of 21:44 Beijing time, the stock fell 6.56% to 20.81 US dollars. Goldman Sachs analyst Michael NG downgraded iMax's rating from “neutral” to “sell,” and lowered the target price from $19.6 to $18.6, saying that strong box office recovery expectations were reflected in stock valuations.
Ideal Auto rose 2.6%, and Ideal ONE deliveries increased 101.3% year-on-year to 4,323 units in May
Ideal Auto (LI.O) rose 2.6%, and Ideal ONE deliveries increased 101.3% year-on-year to 4,323 units in May.
Goldman Sachs is bullish on commodity prices and says there is no need to worry about the Fed's tough stance
Recently, commodities have “made a lot of noise”, and market participants have different opinions on how long commodity prices will continue to rise. Goldman Sachs also gave their latest predictions on Monday. Goldman Sachs emphasized the previous judgment that there is no need to worry about commodities being affected by the Fed's tough stance or the flattening of the yield curve. Earlier, Goldman Sachs anticipated that the US non-farm payroll report for April reduced the possibility that the Federal Reserve would reduce the scale of debt purchases by the fourth quarter of this year, but it is still expected that the FOMC will begin debt reduction early next year. According to Goldman Sachs, the ideal commodity scenario is taking shape. There are still opportunities for commodities in the next 12 months: “Yes
Powell promised that monetary policy would not be easily tightened, and major assets have rebounded one after another
Powell's rhetoric calmed the fluctuations, and the market rebounded again. At 23:00 on Tuesday, Federal Reserve Chairman Powell attended the committee hearing and testified on the semi-annual monetary policy report. Powell first expressed his opinion on the economic path, saying that after the economic rebound in the summer, the economic growth momentum slowed sharply, but recent developments indicate that the economic outlook will improve later this year. Ongoing vaccinations provide hope for a return to normal later this year, but the path of economic development still largely depends on the epidemic and containment measures. As for the labor market, Powell said that the labor market is improving
According to the news, Apple contacted Nissan to cooperate to build cars, but to no avail
According to people familiar with the matter, Apple has contacted Nissan in recent months to discuss cooperation matters relating to its mysterious autonomous vehicle project, but the negotiations have come to no avail due to differences between the two parties over Apple's brand positioning. According to the source, the two companies only had brief contacts, and the conversation did not rise to a senior management level. Earlier this month, South Korea's Hyundai Motor Company said it had concluded negotiations with Apple on an autonomous vehicle project. There were previous reports that the company had a preliminary conversation with Apple.
The Nikkei 225 Index hit 30,000 points for the first time since 1990
The Nikkei 225 Index once hit 30,000 points in early Monday trading, the first time since August 1990. This is a sign that Japan's domestic economic recovery is intact, and it also benefited from progress in the US economic stimulus plan. The index rose 1.6% in early trading, one step further on its way back to the level of the bubble era. Prior to that, the broader Tokyo Stock Exchange Index (Topix) recently hit a record high, rising to the highest point in nearly 30 years. Although global stock markets have repeatedly reached new highs in recent months, the Nikkei 225 Index still needs to rise by nearly 30% to break through the last trading day of 1989
The number of Tesla employees worldwide exceeded 70,000 and almost doubled last year
Sina Technology News reported on the evening of February 9, Beijing time. According to reports, Tesla said in a 10-K document submitted to the US Securities and Exchange Commission (SEC) today that the number of employees in the company has exceeded 70,000, an increase of nearly half last year alone. According to the document, by the end of 2020, Tesla's global number of full-time employees reached 70,757, an increase of 47% compared to 4,8016 in 2019. This is mainly due to Tesla's expansion in the Chinese and German markets. Tesla's Shanghai plant is the key to Tesla's expansion of business in China. Last year, Tesla's sales in China increased 124% to
Goldman Sachs Group: what are the implications for the market from the strengthening of long-term US bond interest rates?
This article is from Wind. Us long-term bond yields are showing signs of rising as the economy recovers and expectations of fiscal stimulus rise, with 30-year yields hitting a high of 2 per cent since March 2020 this week. It is worth noting that despite the rise in yields, U. S. stocks hit new highs overnight. Goldman Sachs Group mentioned this "bizarre" scene in the market recently and analyzed the impact of higher interest rates on long-term bonds on the market. 1. How does the recent rise in interest rates affect the US stock market? Since Pfizer Inc (PFE.US) announced an effective vaccine candidate in early November last year, the United States 10
The yield on US junk bonds fell below 4% for the first time, and the market was so hot that funds urged companies to issue bonds.
The average yield on US junk bonds has fallen below 4 per cent for the first time, and investors seeking refuge in ultra-low interest rates are pouring into this notoriously high-yielding asset class. The Bloomberg Barclays u.s. high-yield corporate bond index fell to 3.96% late Monday, the sixth straight session of decline. Under the meagre returns offered by the low-risk bond market, investors hungry for high yields are snapping up junk bonds as an alternative investment. Junk bonds are so in short supply that some money fund managers even call companies to issue bonds instead of waiting for deals to emerge. Most of the newly issued bonds are heavily oversubscribed.
Southeast Asian ride-hailing software giant Grab considers going to the US for IPO this year
According to people familiar with the matter, Singapore-based ride-hailing software and food delivery giant Grab is considering the possibility of going public in the US this year after the company ended merger and acquisition negotiations with Indonesian rival Gojek. The financing scale of this IPO is likely to reach at least 2 billion US dollars, which may set a record for overseas stock issuance by Southeast Asian companies. According to the source, the plan, including the scale and schedule of the release, has not yet been finalized and will depend on market conditions.
Samsung head Lee Jae-rong was sentenced to 2 and a half years in a retrial in the bribery case
The Seoul High Court handed down a retrial of Samsung Electronics Chairman Lee Jae-rong's bribery case on Monday afternoon, and sentenced Lee Jae-rong to 2 years and 6 months in prison. In the previous trial, the South Korean prosecution asked the court to sentence Lee Jae-rong to 9 years in prison. During the retrial, the independent prosecution team and Lee Jae-rong debated on how to evaluate the Samsung Law-abiding Surveillance Committee on the issue of sentencing. Whether Lee Jae-rong was finally sentenced to prison or suspended has attracted much attention. In February 2017, Lee Jae-rong allegedly asked then-President Park Geun-hye and her close friend Choi Seo-won (voice, former name Choi Sun-si) to help him inherit the management rights and provide 29.8 billion won (about RMB 1.7)
Midday: us stocks rise and fall mixed tech stocks continue to be under pressure
In the early morning of the 11th, Beijing time, U. S. stocks were mixed at noon on Tuesday, with the Dow higher. Technology stocks continue to be under pressure, dragging down the Nasdaq. The market continues to pay attention to factors such as coronavirus vaccine development and the US election. The Dow rose 158.33 points, or 0.54%, to 29316.30; the Nasdaq fell 113.19 points, or 0.97%, to 11600.59; and the S & P 500 fell 8.81 points, or 0.25%, to 3541.69. It is reported that the candidate coronavirus vaccine jointly developed by Pfizer Inc Pharmaceutical (PFE) and BioNTech (BNTX) is in clinical trials.
参议院周六召开会议讨论巴雷特的提名 周一将确认结果
程序性投票将于周日进行,最终确认将于周一进行。 美东时间周六下午,参议院将罕见地举行会议,就巴雷特(Amy Coney Barrett)法官进入最高法院一事进行辩论。几天后,选民将决定共和党人是否将继续控制参议院和白宫。 民主党人强烈反对在如此临近选举的时候确认巴雷特的任命,抵制了司法委员会周四的投票。纽约州民主党参议员查克·舒默(Chuck Schumer)星期五在参议院的会议上采取了四种拖延战
Yuma Energy to Liquidate After Bids for Properties Were 'Minimal'
DJ Yuma Energy to Liquidate After Bids for Properties Were 'Minimal' By Josh Beckerman Yuma Energy Inc. said its chapter 11 bankruptcy case has been converted to a chapter 7 liquidation, after
Yuma Energy: Chapter 11 Bankruptcy Proceedings Converted to Chapter 7 Liquidation >YUMAQ
*DJ Yuma Energy: Chapter 11 Bankruptcy Proceedings Converted to Chapter 7 Liquidation >YUMAQ (MORE TO FOLLOW) Dow Jones Newswires October 20, 2020 16:15 ET (20:15 GMT) Copyright (c) 2020 D
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