Delta Air Lines' ( (DAL) ) revenue is "not picking up fast enough to cover" rising fuel costs," CFO Paul Jacobson said while speaking at Wednesday's JPMorgan Aviation, Transportation and Industrials Conference. Fuel costs are up around $20 a barrel over a year ago.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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