Delta: $646M in losses in quarter
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nearly four times its losses from a year ago -- as the company again warned it needs pilots to take a massive $1 billion
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ATLANTA - Delta Air Lines is reporting a much wider third-quarter loss despite a rise in revenue. The Atlanta-based airline warned Wednesday that its financial situation has worsened to the point that it needs
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D. R. Horton posted a loss of $128.8 million, or 41 cents a share, for the first quarter ended Dec. 31, in contrast to a year-earlier profit of $109.7 million, or 35 cents a share.
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The Italian airline Alitalia said its loss before taxes and exceptional items narrowed to 462.42 million euros (600 million dollars) in 2004 from 515.5 million one year earlier and predicted further improvement in 2005.
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Delta Air Lines Inc., struggling to avoid a bankruptcy filing, had a third-quarter net loss of $646 million because of a drop in US airfares, higher jet-fuel costs and flight disruptions from Florida hurricanes.
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Delta Air Lines Inc. DAL.N on  Wednesday reported a wider quarterly loss on soaring fuel  prices and weak domestic airfares, and said time was running  short as it races to cut costs to avoid bankruptcy.
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United Airlines parent UAL Corp. suffered a loss of $274 million for the third quarter of this year, a smaller hit than it took in the same period of last year, when it lost $367 million.
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By The Associated Press. Delta Air Lines, Northwest Airlines and the parent of American Airlines all reported losses yesterday. The largest loss by far was at Delta, where bankruptcy
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Delta Air Lines Inc. DAL.N, which is  racing to cut costs to avoid bankruptcy, on Wednesday reported  a wider quarterly loss amid soaring fuel prices and weak  domestic airfares.
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Bankrupt Delta Air Lines  said on Wednesday its fourth-quarter net loss widened by 60 percent, hurt by a $2.5 billion charge for reorganization costs.
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October 22, 2004 4:43 PM GMT (Datamonitor) - Northwest, Delta and American Airlines, three of the top four US airlines, have this week announced widening third quarter losses that represent a deepening crisis in the US airline industry.
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Three of the nation&#39;s largest airlines have reported a combined 906-(m) million-dollars in third-quarter losses. The largest by far was at Atlanta-based Delta Air Lines -- where bankruptcy looms unless it
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Delta Air Lines Inc. DAL.N, fighting  to avoid bankruptcy, will issue up to 75 million shares to  employees and creditors. The news sparked a 5 percent drop its  stock on Wednesday.
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Delta Air Lines DAL.N, which has  narrowly avoided bankruptcy in the past few months, on Thursday  said its fourth-quarter loss mushroomed as it struggled with  high fuel prices and low fares stemming from tough competition.
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For the fiscal fourth quarter, Hovnanian reported a net loss of $7.42 a share, compared with a net loss of $1.88 a share in the year-ago quarter.
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Delta Air Lines inched closer to bankruptcy Wednesday after posting a whopping third quarter loss. For Wall Street and security analysts, the mood is to prepare for bankruptcy, but at Delta, it&#39;s a different story.
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The food and household products maker said it lost $62 million in its most recent quarter, largely because of one-time charges.