Delta Air's earnings surge on items
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Delta Air Lines Inc. , which emerged from bankruptcy at the end of April, said on Wednesday that quarterly earnings surged on one-time reorganization items.
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Lockheed Martin and Northrop Grumman see profits surge, helped by orders for the wars in Iraq and Afghanistan.
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Defense contractor General Dynamics Corp. (GD.N: Quote, Profile, Research) on Wednesday said third-quarter earnings surged 23 percent, led by a big rebound in its aerospace segment.
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FedEx Corp., the world's top  air-express shipper, on Wednesday said quarterly earnings more  than doubled on strong revenue growth in its international,  ground and freight services.
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The airline, which reported earnings for the first time since leaving Chapter 11 this summer, topped Wall Street estimates as it cut back on seats but raised prices.
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Defense contractor General Dynamics  Corp. GD.N on Wednesday said third-quarter earnings surged 23  percent, led by a big rebound in its aerospace segment.
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Shares of Delta Airlines are taking off in record trading on the New York Stock Exchange Thursday morning, after the company and its pilots agreed to a deal the parties hope will signal a return to better times.
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Defense contractor General Dynamics Corp.  on Wednesday said third-quarter earnings surged 23 percent, led by a big rebound in its aerospace segment.
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Goldman Sachs Group Inc  said on  Thursday that quarterly earnings surged 79 percent as revenue  from investment banking and trading increased despite turbulent  summer markets.
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New orders for long-lasting  U.S.-made goods rose 0.6 percent last month even as demand for  aircraft plunged, according to an unexpectedly strong report  that underscored a rebound in the factory sector.
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Delta Air Lines Inc. said Monday it has obtained up to $600 million in new financing as the struggling carrier seeks to avoid bankruptcy.
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The company raises earnings guidance, boosting the stock.
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New orders for long-lasting  U.S.-made manufactured goods surged a much bigger-than-expected  5.9 percent in July, the biggest gain since September, and a  business investment gauge posted the first gain in three  months, a Commerce Department report showed on Friday.
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The airline said earnings were hurt by higher oil prices, strikes and special items, but said its operating profit rose as it attracted more passengers.
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Electronic Data Systems Corp. reported a  higher quarterly profit on Wednesday, boosted by a surge in new  orders for its technology services.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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ATLANTA -- Delta Air Lines Inc., the nation's third-largest carrier, cited a 5.5 percent gain in sales as it reported Wednesday that it swung to a profit in the second quarter, which saw it emerge from bankruptcy after shaving billions of dollars in costs.