The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Delta Air Lines, Inc. ("Delta" or "the Company") (NYSE: DAL ) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Delta board breached its fiduciary duties to shareholders.
LOS ANGELES, CA / ACCESSWIRE / August 7, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Delta Air Lines, Inc. ("Delta" or "the Company") (NYSE: DAL ) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Delta board breached its fiduciary duties to shareholders.
So far this week Delta has a couple of nasty letters from tech company attorneys and a downgraded earnings estimate from a key Wall Street analyst. More routinely, Hurricane Debby is causing cancellations and delays in the Southeast, where Delta operates its biggest hub.
Delta Air Lines (DAL) grapples with high operating costs and elevated capital expenditure. Low liquidity is another concern.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Delta Air Lines presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
With Delta (DAL) shares moving south lately, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
Delta (DAL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
CrowdStrike (NASDAQ: CRWD ) has lost about 40% of its value during the past month as uncertainty plagues the stock following an outage that it was responsible for. The outage wasn't a result of a product vulnerability, hack or breach, but rather because of a faulty sensor configuration update.
Delta CEO Ed Bastian said the airline has "no choice" but to seek legal action against Crowdstrike.
Delta Air Lines CEO Ed Bastian says the airline is facing $500 million in costs related to a global tech outage last week that disrupted emergency services, communications and thousands of businesses.
Delta (NYSE: DAL ) was forced to cancel at least 6,000 flights in the days following the CrowdStrike (NASDAQ: CRWD ) outage, which caused the airline to lose money. The airline has hired a top attorney to seek damages from CrowdStrike and Microsoft (NASDAQ: MSFT ), whose operating system conveyed the cybersecurity firm's disastrous update.