Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jets from Latam Airlines Group , the Chilean carrier said. Airbus said in monthly order data that Latam, South America's largest airline group, had cancelled 10 A350 jets. It also announced an order for 10 A350 aircraft from a different buyer, but it was not identified and analysts said it was not immediately clear whether the items were linked....
Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jetliners from Latam Airlines Group ), two industry sources said. Airbus announced the cancellation of 10 A350 aircraft in a monthly order update last week. Industry sources said the order for the 10 planes had been transferred to Delta under plans anticipated when the two carriers forged an alliance in 2019....
"Shark Tank" investor and Dallas Mavericks owner Mark Cuban has criticized banks for undermining the just launched small business loan program through their practices. What Happened Appearing on CNBC's "Squawk Box" on Monday, Cuban accused banks of placing hurdles in the way of small businesses trying to access the Paycheck Protection Program (PPP), which was designed to provide the necessary funding for them to stay afloat amid the pandemic.Pointing the finger at the banks Cuban said on the program, "They're being banks and they're trying to determine if the credits are good and that's leading to a lot of small businesses that are left out in the cold."See Also: 'I Am Trying To Get More Cash': Why Mark Cuban Isn't Hopeful On US Market RallyHe expressed his frustration with the lenders and referenced the experience of his own Shark Tank companies by saying, "I've tried to call the banks and say,...
Co-Diagnostics (CODX) has announced an agreement with Promega Corporation for additional manufacturing capacity for its Logix Smart Covid-19 test. The stock is currently trading up a whopping 1009% year-to-date at $9.93, with a 13% increase on April 13.Promega will provide manufacturing support for immediate production of large volumes of the company’s Covid-19 test kits to help CODX meet the rapid increase in demand from both the US and the rest of the world.Following the news HC Wainwright analyst Yi Chen reiterated a buy rating on the stock with a price target of $20. This indicates that prices can potentially double from current levels.“In our view, this represents an indication of strong underlying demand and commercial potential; the Promega relationship shall be crucial, from our vantage point, as Co-Diagnostics seeks to expand its domestic outreach to public and private laboratories across the U.S” the analyst wrote on April 14.The move comes after the company received...
On CNBC's "Mad Money Lightning Round," Jim Cramer said he doesn't like the restaurant sector. He is not a buyer of Dine Brands Global Inc (NYSE: DIN).There are too many moving parts with working at home and Cramer wants to take a pass at Bright Horizons Family Solutions Inc (NYSE: BFAM).Cramer is not a buyer of MGM Resorts International (NYSE: MGM) because he doesn't want exposure to China. Penn National Gaming, Inc (NASDAQ: PENN) is the only stock in the sector he is willing to recommend.Raytheon Technologies Corp (NYSE: RTX) is good stuff, said Cramer. He is a buyer of the stock.Cramer would be a buyer of Starbucks Corporation (NASDAQ: SBUX). His charitable fund owns the stock.Enterprise Products Partners L.P. (NYSE: EPD) is a house of pain, said Cramer. He would be very careful with the stock.Traders who want to own Iron Mountain Inc (NYSE: IRM) shares have to be willing...
