Delta Air Lines Inc (NYSE:DAL) down by 1.32%, RR Donnelley & Sons Co (NASDAQ:RRD)

Posted by Ryan Mandell May 14, 2013 0 Comment 1507 views


Delta Air Lines, Inc (NYSE:DAL): The trading session on Monday saw Delta Air Lines, Inc (NYSE:DAL) shares falling by 1.32%. The opening price of $18.08 touched an intraday high of $18.18 per share before setting down to $17.89. The total number of shares floated in Monday’s trading session was around 8.18 million, which stood below the average volume of 16.70 million, measured over a 30-day period.

Delta Air Lines will commence paying its quarterly dividend. It will also be buying back a few of its shares. Though this is very common in most other industries the airline sector does not really make this a habit. The airline industry as a whole has been cracking under a combination of losses, high debt, bankruptcies, labor strife and fluctuating stock prices. Things seem to be looking a little brighter now and airlines like Delta wants its investors to know that the company and the industry is finally on the mend. Last week, the company said that $1 billion is the amount that will be returned to the shareholders via the buy back and the dividend.

RR Donnelley & Sons Co (NASDAQ:RRD): The trading session on Monday saw RR Donnelley & Sons Co (NASDAQ:RRD) shares falling by 2.13%. The opening price of $12.64 touched an intraday high of $12.74 per share before setting down to $12.42. The total number of shares traded in Monday’s trading session was in the range of 1.31 million, which stood below the average volume of 2.27 million, measured over a 30-day period.

Towards the end of last week, RR Donnelley & Sons Co launched a cloud-based document management platform named Roundtable. It has been designed to improve the security and speed of global business-collaboration. This innovative solution will provide clients with a platform to share and manage content in a secure manner. The content may be shared either internally or externally with counsel, professional advisors and consultants.

RR Donnelley & Sons Co (NASDAQ:RRD) is an international integrated communications provider. Its segments include U.S. Print and Related Services, corporate and International.  On 28 December 2012, the company bought a provider of mail pre-sorting services that has businesses in various industries, Presort Solutions (Presort).


About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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