Text size The two airlines plan to code share flights and integrate some of their networks. Bloomberg (2) JetBlue Airways and American Airlines Group are forming an alliance in which they plan to share flight codes and integrate some of their networks. It could be a sign of industry consolidation …
Read More »Wall Street is optimistic about Dell’s spin-off of its VMware stake
Text size Denis Doyle / Bloomberg Analysts at JP Morgan and Morgan Stanley are optimistic about the announcement by Dell Technologies that it is considering a spin-off of its valuable 81% stake in VMware., It is now worth more than all of Dell’s market value. Dell shares (ticker DELL) rose …
Read More »Jones Jones Industrial Average Slips, Tesla Stock Slides and Walt Disney Drops
Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
Read More »European actions lose ground amid tensions between the United States and China
The headquarters of the European Central Bank in Frankfurt am Main, Germany, on March 12, 2020. daniel roland / Agence France-Presse / Getty Images European stocks fell on Thursday as the world’s two largest economies continue to collide, and before the latest decision by the European Central Bank. 5% more …
Read More »Delta Air Lines shares rise after Wall Street still says it’s a buy
Text size A Delta Airlines plane is seen at the gate of Washington National Airport (DCA) on April 11, 2020 in Arlington, Virginia. Daniel Slim / AFP / Getty Images Wall Street is coming to the defense of Delta Air Lines, reiterating purchase recommendations after the airline reported second-quarter results …
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