Friday November 27th, 2015 11:08PM

Delta 2Q profit rises 17 percent

By The Associated Press
ATLANTA (AP) -- Delta Air Lines Inc. (DAL) on Wednesday reported earnings that climbed by 17 percent in its second quarter, and topped analysts' expectations.<br /> <br /> The Atlanta-based company said net income increased to $801 million, or 94 cents per share, from $685 million, or 80 cents per share, in the same quarter a year ago.<br /> <br /> Earnings, adjusted for one-time gains and costs, were $1.04 per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.<br /> <br /> The company said revenue climbed 9.4 percent to $10.62 billion from $9.71 billion in the same quarter a year ago, and beat Wall Street forecasts. Analysts expected $10.59 billion, according to Zacks.<br /> <br /> Delta Air Lines shares have risen $10.21, or 37 percent, to $37.68 since the beginning of the year, while the Standard & Poor's 500 index has increased 7.3 percent. The stock has climbed $17.23, or 84 percent, in the last 12 months.
© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 10 months ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 10 months ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 10 months ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 10 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 10 months ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 10 months ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 10 months ago )
Local/State News
Standoff at Planned Parenthood ends with suspect's arrest; 3 killed, 9 wounded
COLORADO SPRINGS, Colo. (AP) — A gunman who opened fire inside a Colorado Springs Planned Parenthood clinic was arrested Friday after engaging in gun battles with authorities during an hours-long stan...
11:03PM ( 5 minutes ago )
Black Friday: The Super Bowl of shopping starts in stores, but it looks very different
NEW YORK (AP) — The annual ritual of Black Friday, as we know it, is over.Gone are the throngs of frenzied shoppers camping out for days ahead of the big sales bonanza on the day after Thanksgiving. A...
10:13PM ( 55 minutes ago )
Deadline to sponsor Wreaths Across America at Alta Vista is Monday
Each holiday season, veteran grave sites at Alta Vista cemetery in Gainesville are adorned with wreaths as part of Wreaths Across America.
3:42PM ( 7 hours ago )
PHOTO GALLERY: Holiday shoppers hit Gainesville stores early
Black Friday may still have status as the kickoff to the holiday shopping season, but Thanksgiving Thursday is gaining ground as more stores opt to open early.
By AccessWDUN staff
10:01AM ( 13 hours ago )
White House undergoes Thanksgiving Day lockdown after man draped in American flag jumps fence
WASHINGTON (AP) — A man draped in an American flag climbed over the fence at the White House on Thursday, prompting a lockdown as the first family celebrated Thanksgiving.The man was immediately appre...
10:11PM ( 1 day ago )