Delta and WD-40 Climb; EasyJet and Apollo Latest
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Delta (DAL) shares are higher after it reaffirmed its full-year profit guidance, citing strong demand for premium, corporate and international travel that helped offset the highest quarterly fuel expense in its history. The airline earned an adjusted $1.56 a share in the second quarter, topping analysts’ estimates, with revenue rising 14% from a year earlier and capacity increasing just 1%.
- EasyJet (EZJ) shares are moving on news it received a fresh offer from Apollo Global Management for 715 pence a share, beating a rival proposal from Castlelake. EasyJet is "no longer minded to recommend the Castlelake proposal" and would be minded to recommend Apollo's bid to its shareholders, given that Apollo's £5.7 billion bid is superior to Castlelake's £5.5 billion offer.
- WD-40 (WDFC) shares jumped after the lubricant spray maker boosted its net sales forecast for the full year.
See omnystudio.com/listener for privacy information.
You May Also Like

Bloomberg Daybreak América Latina
Bloomberg

Valuetainment
Valuetainment

Daily Fire
Deb Hollis

How Money Works
How Money Works

The Ed Fernandez Show
Edward Fernandez

CanadianSME Small Business Podcast
SK Uddin

Les experts
BFM Business

財訊 《Wealth Magazine》
財訊雙週刊

The Ramsey Show
Ramsey Network

IBS Intelligence Podcasts
IBS Intelligence Podcasts | A Cedar Consulting Unit
Community discussion