Orlando, FL -- (SBWIRE) -- 08/28/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Delta Air Lines, Inc.(NYSE:DAL), Kinross Gold Corporation (USA)(NYSE:KGC).
Delta Air Lines, Inc.(NYSE:DAL) shares dropped 0.73% to $18.98. The company will begin trading ex-dividend on August 07, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on September 10, 2013. Shareholders who purchased DAL stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $21.71, the dividend yield is .28%.
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Additionally, the company on July 24 said that net income in the second quarter was $685 million, or 80 cents per share. That compares with a $168 million loss a year earlier. The company said that excluding special items, it would have earned 98 cents per share, which beat analysts' forecast of 95 cents per share. Second-quarter revenue was about flat at $9.71 billion — $300 million less than analysts expected, according to a survey by FactSet — as traffic rose only 0.5 percent.
Kinross Gold Corporation (USA)(NYSE:KGC) shares increased 1.06% to $5.70. KGC‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on August 26. They currently have a $6.25 price objective on the stock.
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Additionally, the company on July 31 announced its results for the second quarter ended June 30, 2013. The reported net loss for the quarter included an after-tax non-cash impairment charge of $2,289.3 million, largely as a result of lower short-term and long-term gold price assumptions. In addition, Kinross recorded a charge of $720 million relating to the previously announced decision to cease development of its Fruta del Norte (FDN) project in Ecuador, which has been classified as a discontinued operation.
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