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