Delta Air Lines (NYSE:DAL) is having a strong day on Wall Street, with shares up more than 9%. However, the airline company has had some operational headaches in Atlanta, where a winter storm has forced the closure of five runways.
The airline posted revenue of $15.56 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $14.99 billion. For the current quarter ending in March, Delta expects its per-share earnings to range from 70 cents to $1.
ATLANTA — ATLANTA — Acuity Brands Inc. (AYI) on Wednesday reported fiscal first-quarter profit of $106.7 million. The Atlanta-based company said it had profit of $3.35 per share. Earnings, adjusted for one-time gains and costs, came to $3.97 per share.
Peacock thriller "Teacup" crashed when it came out last fall and failed to find a sizable audience. It was canceled after just one season.
Rodney Ho writes about entertainment for The Atlanta Journal-Constitution including TV, radio, film, comedy and all things in between. A native New Yorker, he has covered education at The Virginian-Pilot, small business for The Wall Street Journal and a host of beats at the AJC over 20-plus years. He loves tennis, pop culture & seeing live events.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
TOKYO — (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18.
Investors weigh an important matter: whether barriers are stronger to raising rates—or cutting them.
The Federal Trade Commission plans to file a lawsuit against apartment management company Greystar, which manages thousands of apartments in metro Atlanta and Georgia.Accused of deceptive pricingThe FTC accuses the company of hiding mandatory fees for renters and alleges it used deceptive pricing practices,
With the labor market less tight, workers face return-to-office mandates, smaller bonuses, and no more pet sick days.
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street
Hedge fund Point72 will return as much as $5 billion in profits to investors and raise fees.