On Tuesday, Shares of Delta Air Lines, Inc. (NYSE:DAL), lost -0.07% to $40.72.
Delta Air Lines Inc. would commit to add a new, 100-seat jet model to its mainline fleet under the carrier’s projected contract agreement with pilots, a possible boost for manufacturers counting Embraer SA and Bombardier Inc, according to Bloomberg.
The accord also would let Delta deploy as many as 25 extra regional jets with 70 or 76 seats, according to a summary sent to Air Line Pilots Association members. Delta would be able to deploy one new commuter plane for every two of the 100-seaters. Bloomberg Reports.
Delta’s pilot union leaders will vote on the contract proposal Wednesday, said Kelly Regus, a spokeswoman for the airline’s ALPA chapter. Approval from the so-called master executive council would send the plan to a ratification vote among rank-and-file members. Bloomberg added.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery.
Shares of Transocean Ltd. (NYSE:RIG), declined -1.99% to $18.74, during its last trading session, despite oil surged above $60 a barrel on Tuesday, after the Energy Information Administration (EIA) released a drilling report that comprised of bullish signs for the future price of oil.
Brent crude settled up $US2.19 a barrel, or 3.5 per cent, at $64.88, and US crude settled up $US2 a barrel, or 3.44 per cent, at $US60.14.
Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services.
Finally, Target Corp. (NYSE:TGT), ended its last trade with 0.01% gain, and closed at $78.90.
The board of directors of Target Corporation, has declared a quarterly dividend of 56 cents per common share, a 7.7 percent enhance from the preceding quarterly dividend of 52 cents. The dividend is payable Sept. 10, 2015, to shareholders of record at the close of business Aug. 19, 2015. The third quarter dividend will be the company’s 192nd successive dividend paid since October 1967, when the company became publicly held. With the enhance declared recently, 2015 is predictable to be the 44th successive year in which Target has raised its annual dividend.
In addition, Target’s board of directors has approved an expansion of its current share repurchase authorization from $5 billion to $10 billion. Under this authorization, through the first quarter of 2015, the company had invested a total of $3.7 billion to retire 56.9 million shares at an average price of $65.06 per share.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
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